TechCrunch has learned and confirmed that the company has ceased operations immediately in four more countries, all in Europe, where its business has been in decline: Sweden, Denmark, Norway and Finland.
Drone operating system startup Airware today suddenly informed employees it will cease operations immediately despite having raised $118 million from top investors like Andreessen Horowitz, Google's GV, and Kleiner Perkins.
Zhang wanted to buy herself at least a year, so she opted for drastic measures: WildChina would cease operations immediately.
"The following Monday, Memorial Day, they said they would be ceasing operations immediately, and we have spent the last week preparing for that".
In February, it became official: Employees received an email from a supervisor declaring, "We are being told to cease operations immediately".
As part of a settlement agreement with the major record companies, we have agreed to cease operations immediately, wipe clean all of the record companies' copyrighted works and hand over ownership of this website, our mobile apps and intellectual property, including our patents and copyrights.
A leading agricultural e-business Web site targeted at farm services, Rooster.com said it would cease operations immediately because it was unable to secure additional funding.
Amid a corporate bankruptcy, on February 4, 2010, Six Flags announced the park would cease operations immediately due to the rejection of an amended lease by the Kentucky State Fair Board.
The chief taxi regulator in Los Angeles believes that three Web-based transportation services are indistinguishable from a traditional taxi company, and should cease operations immediately.
This perceived problem with expenditure was given further credence when the Hull Stingrays announced on 11 August 2010 that they were ceasing operations immediately due insufficient funds from sponsorship to guarantee completing the season.
Uber said it "ceased operations throughout Kansas" immediately after the vote at 2.45pm on Tuesday.
