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 Last summer LeEco announced it intended to purchase the US-based TV maker Vizio for $2 billion. The deal fell in March through amid a myriad of problems surrounding LeEco including a major cash crunch. Allegedly the deal including a $100 million buyer termination fee and now Vizio has filed suit in a California court to collect payment. Vizio claims that in liue of paying Vizio the fee, the… Read More from TechCrunch via March 01, 2018 at 01:00PM

 Some LeEco employees in China will not get paid until August. According to an official statement provided to TechCrunch, Leshi Holdings, LeEco’s holding company has decided to postpone July’s payroll until August 10th. This is at least the third time this year LeEco has delayed paying some of its workers. Right now, it seems only employees in China will not get a paycheck into August. Read More from TechCrunch via February 15, 2018 at 01:01PM

 The TechCrunch Summer Party is a thing of tradition and we hope you can make it out this year. As in years past we’ll gather on the spacious grounds of August Capital in Menlo Park and enjoy an evening of cocktails and the spirit of entrepreneurship. Read More from TechCrunch via February 14, 2018 at 01:00PM

 Astronomer aims to ease the pain around data analytics. Collecting data is just part of the operation. After the data has been collected, it needs to be assembled and organized and sometimes that’s the most time-consuming part of the process. Astronomer says its solution helps with this process, freeing up engineering resources to actually analyze the data. The Cincinnati-based company… Read More from TechCrunch via February 11, 2018 at 01:00PM

 If you’re just now hearing that GoPro is shipping the Fusion, chances are you’re not on the list. The company selected nine organizations and one travel blogger to be the first to receive the camera company’s spherical camera. This pilot program clearly shows that GoPro expects the Fusion to be mainly used by professional content creators and brands instead of moms and dads… Read More from TechCrunch via January 11, 2018 at 01:00PM

 Next week TechCrunch is hosting its first ever one-day event centered around robotics. Called TC Sessions: Robotics, there are still a few general admission tickets left which grant the holder access to the conference, workshops, and networking events. Plus there are going to be robots as far as the eye can see. We hope you can make it and here’s why. Discover how and why robotics are… Read More from TechCrunch via January 07, 2018 at 01:01PM

 Faraday Future might as well pack it up and call it a day. The company has reportedly abandoned plans to build a massive factory in the Nevada desert. This facility was going to cost $1 billion to build and employ 13,000 people. The state of Nevada awarded the company massive tax breaks to get the project done. The Nevada state governor even has a ceremonial shove for the project hanging in… Read More from TechCrunch via December 22, 2017 at 01:00PM