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Bird

All articles tagged with #bird

Fish and Birds Cause Unexpected Fires in Canada

Originally Published 5 months ago — by NBC Bay Area

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Source: NBC Bay Area

A brush fire in British Columbia was caused when an osprey dropped a fish onto power lines, igniting dry grass. The fire temporarily knocked out power in Ashcroft, and firefighters used thousands of gallons of water to extinguish it. The incident highlights how wildlife and climate conditions can unexpectedly contribute to wildfires.

Kākāpō: The Nearly Century-Old Chonky Parrot

Originally Published 6 months ago — by Live Science

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Source: Live Science

The kākāpō is a large, flightless, nocturnal parrot native to New Zealand, known for its rotund shape, long lifespan of up to 90 years, and unique mating behavior called lekking. Once critically endangered due to human activity and introduced predators, conservation efforts have increased their numbers to around 242 in the wild, with all invasive predators eradicated from their current habitats.

Biologist Reveals the World's Most Aggressive Flightless Bird

Originally Published 7 months ago — by Forbes

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Source: Forbes

The cassowary, a large flightless bird native to Australia and New Guinea, is considered the most aggressive bird in the world due to its territorial nature, powerful dagger-like claws, and ability to cause serious injuries or fatalities in rare cases. Despite its natural defense mechanisms, it plays a vital ecological role, and humans are advised to keep a respectful distance to avoid conflict.

"Attenborough's Strange Bird: The First Toothless Fossil"

Originally Published 1 year ago — by Phys.org

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Source: Phys.org

A new species of fossil bird, named Imparavis attenboroughi in honor of Sir David Attenborough, has been described as the first of its kind to evolve toothlessness. The bird belonged to a group called enantiornithines, which went extinct 66 million years ago. The discovery pushes back the timeline for toothlessness in this group by about 48 to 50 million years, challenging previous assumptions. The fossil's unique wing bones suggest it may have had strong wing beats, and its toothless beak hints at a potentially unique diet compared to other enantiornithines. The researchers also revisited a previously described fossil bird, Chiappeavis, and suggest that it too was an early toothless enantiornithine, indicating that toothlessness may not have been as unique in Early Cretaceous enantiornithines as previously thought.

"The Rise and Fall of the Super E-Scooter: A $2.5 Billion Sharing Economy Fiasco"

Originally Published 1 year ago — by Fortune

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Source: Fortune

Bird, a scooter rental startup, initially gained rapid success and unicorn status with its dockless electric scooters, but ultimately faced financial struggles and filed for Chapter 11 bankruptcy protection. The company's aggressive growth strategy, resistance to local regulations, and heavy investment in hardware contributed to its downfall. Despite the challenges, some of Bird's competitors are still operational, and there remains hope for the success of short-distance city transportation options in the future.

The Chaotic Rise and Fall of Bird: Blood, Guns, and Broken Scooters

Originally Published 2 years ago — by WIRED

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Source: WIRED

Bird, once valued at over $2 billion, has faced a tumultuous journey as the largest micromobility company in North America. The company's fleet managers, responsible for the logistics of scattering scooters around cities, have described their unstable and punishing relationships with Bird. As the company struggled, fleet managers faced updated contracts that significantly reduced their income. Some fleet managers have resorted to carrying guns or Tasers for protection against thieves and vandals. Bird recently announced its bankruptcy filing, leaving the future of its fleet managers uncertain.

Bird Electric Scooter Company Files for Bankruptcy, Valuation Plummets from $2.5 Billion.

Originally Published 2 years ago — by CBS News

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Source: CBS News

Electric scooter maker Bird Global has filed for bankruptcy protection, marking a significant decline for a company that was once valued at $2.5 billion. The Miami-based company has a restructuring agreement in place with creditors and will be selling assets in bankruptcy. Apollo Global Management and second-lien lenders are providing $25 million in financing to support Bird during the restructuring process. Bird's shares declined over 90% within six months of going public in 2021, and it was delisted from the New York Stock Exchange in September after overstating its revenue. The company operates a short-term scooter rental business in over 350 cities, but its Canadian and European units are not part of the bankruptcy proceedings.

Bird, Once Valued at $2.5 Billion, Files for Bankruptcy

Originally Published 2 years ago — by CNBC

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Source: CNBC

Electric scooter company Bird has filed for Chapter 11 bankruptcy protection in Florida federal court. The company, once valued at $2.5 billion, plans to use the bankruptcy proceedings to facilitate a sale of its assets within the next 90 to 120 days. Bird's popularity declined during the Covid-19 pandemic, and its share price tumbled after going public via a merger in 2021. The company's bankruptcy filing comes after being delisted from the New York Stock Exchange in September. Bird Canada and Bird Europe are not included in the filing and will continue to operate normally.

Bird's Bankruptcy: The Fall of an E-Scooter Giant

Originally Published 2 years ago — by Financial Times

E-scooter start-up Bird is facing financial challenges due to its flawed business plan, which has led to the company struggling to generate sustainable profits. The company's subscription-based model, where customers pay a monthly fee for unlimited scooter rides, has proven to be unsustainable, resulting in Bird's inability to cover its operational costs. As a result, Bird is now seeking new ways to generate revenue and improve its financial situation.

Bird's Wings Clipped: E-Scooter Giant Declares Bankruptcy

Originally Published 2 years ago — by Gizmodo

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Source: Gizmodo

Electric scooter company Bird has filed for Chapter 11 bankruptcy, citing the need for financial restructuring. The company plans to sell some of its assets to existing lenders while maintaining its scooter services for riders. Bird's operations in Asia and Europe are not part of the bankruptcy proceedings. The company has faced challenges, including layoffs, revenue over-reporting, and debts owed to vendors. Despite its setbacks, Bird aims to continue promoting micro-mobility to reduce car usage, traffic, and carbon emissions.

Bird, Electric Scooter Company, Files for Bankruptcy and Seeks Financial Restructuring

Originally Published 2 years ago — by The New York Times

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Source: The New York Times

Electric scooter company Bird has filed for bankruptcy protection, signaling a decline in the once-promising sector of personal transportation. The company has secured $25 million in financing to continue operating and is considering a turnaround plan that may involve selling assets. Bird, which reached a billion-dollar valuation and went public in 2021, faced mounting losses and was delisted from the New York Stock Exchange in September. Other scooter start-ups, such as Micromobility.com and Tier Mobility, have also faced challenges. Bird's Canadian and European businesses are not affected by the bankruptcy filing.

Bird, Once Valued at $2.5 Billion, Crashes into Bankruptcy

Originally Published 2 years ago — by Business Insider

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Source: Business Insider

Electric scooter company Bird, once valued at $2.5 billion, has filed for Chapter 11 bankruptcy in Florida. The company, which was one of the pioneers in renting out electric scooters, faced financial difficulties exacerbated by the COVID-19 pandemic. Despite the bankruptcy filing, Bird's services will continue to operate as normal. The company aims to restructure its capital structure and achieve profitability. Bird has faced controversy in the past, including accusations of a toxic corporate culture and inflating revenue. The company's shares lost 90% of their value after its IPO in 2021, and its founder, Travis VanderZanden, left the company earlier this year.

Bird, Electric Scooter Rental Pioneer, Files for Bankruptcy and Implements Restructuring Plan

Originally Published 2 years ago — by Financial Times

Electric scooter rental pioneer Bird has filed for bankruptcy, citing financial difficulties. The company, known for its dockless electric scooters, has struggled to turn a profit amid fierce competition in the industry. Bird's bankruptcy filing comes as the COVID-19 pandemic has significantly impacted the demand for shared transportation services.