Troubled Webvan on Monday said it has ceased operations and plans to file for Chapter 11 bankruptcy protection. The online grocer, which has been struggling financially for some time, said it has no ...
FOSTER CITY, Calif.--From its $1 billion warehouse order to the generous severance it gave to its former chief executive, Webvan was always an oversized dot-com. So it figures that a bankruptcy ...
After holding one of the biggest fire sales the Internet has seen, Webvan is divvying up the money it has left: $25 million. The online grocery-delivery company, which closed its doors last July, said ...
The stocks of nearly all Internet retailers look like piranha leftovers these days, so it’s not surprising that Tuesday’s news about Webvan didn’t make much of a splash in Silicon Valley’s ...
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Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. What’s that smell in the air? Of course, it’s the unmistakeable stench of burnt fingers wafting across the City ...
As an undergraduate student at Georgia Institute of Technology, Pablo Macouzet Jr. used to suffer through crowded subways, crushed eggs, and armfuls of plastic bags in order to stock his fridge--until ...
This article first appeared in Data Sheet, Fortune's daily newsletter on the top tech news. Sign up here. I was asked recently to share my views on bitcoin, the virtual currency whose price--not value ...
I can't be the only one feeling we've seen this movie before. Internet company goes public during a new burst of enthusiasm, only to see its shares plummet as investors start to wonder if it's a ...