Sentences with phrase «main financier»

A Chinese court this week froze $ 182 million in assets of Jia Yueting, the billionaire founder of tech giant LeEco and main financier of self - driving car start - up Faraday Future.

The news outlet has a sharp look at where the company stands at this point, with its controversial (former) main financier Jia Yueting now at the helm as CEO.

Top executives fled, as the new CEO and — for a long time — main financier Jia Yueting refused to step aside for possible investment in the company.

One of Cambridge's main financiers is hedge fund magnate Robert L. Mercer, whose daughter Rebekah is an influential conservative donor.

Or the oil company owned by the brazenly corrupt Edward Balq (Michael Gaston), one of the main financiers of the re-consecration ceremony over which Toller is about to preside.

Indigo Books & Music is one of the main financiers of the Kobo e-reader, so it is no surprise that you will find the Kobo at Indigo and Chapters bookstores in Canada.

Stalins's heists and killings, conducted with meticulous attention to detail and secrecy made him the main financier of the Bolshevik Center.

The Department of Energy (DoE), the main financier of the $ 1.8 billion clean coal project, has released a statement questioning the cost of the project.

The financial problems only worsened this summer, when the assets of Faraday's main financier, LeEco founder Jia Yueting, were frozen by a court in China.

The company — led by its main financier, Chinese billionaire Jia Yueting, who founded the electronics company LeEco — introduced an electric autonomous car at this year's CES conference called the FF 91, with the intention of beginning production on the vehicle in 2018.

Sources have told Jalopnik that Krause has managed to bring investors to the table with serious offers, but they required Faraday's main financier, Chinese tech entrepreneur Jia Yueting, to relinquish control of the company.

One of the new bits uncovered by the outlet is that Faraday's main financier, Jia Yueting, is suing a software developer who accuses Jia of...

In addition, one of Cambridge's main financiers is hedge fund magnate Robert L. Mercer, whose daughter Rebekah is one of the most influential donors in Trump's orbit, according to people with knowledge of Mercer's investment.

One of the new bits uncovered by the outlet is that Faraday's main financier, Jia Yueting, is suing a software developer who accuses Jia of creating a $ 75 million trust fund for his kids with Faraday's money.

On Tuesday, electric car startup Faraday Future's main financier — the Chinese tech conglomerate...

Faraday's main financier is Jia, founder and chair of a holding company called LeEco, which has been dubbed the «Netflix of China.»

The autonomous vehicle start up learned its main financier, LeEco, planned to significantly scale back its U.S. operations, signaling a potential death knell for Faraday's car ambitions.

At the same time, Jia Yueting — the face of the startup and its main financier — is battling accusations that FF's parent company in China committed fraud during a 2010 fundraising effort.

CNBC is reporting that Faraday Future's main financier, Chinese tech conglomerate LeEco, is expected to lay off as much as 80 percent of its U.S. staff and, citing anonymous sources, «may» continue its investment in the electric autonomous vehicle start - up.

On Tuesday, electric car startup Faraday Future's main financier — the Chinese tech conglomerate LeEco — announced a significant round of layoffs at its US operations.

Krause, for instance, prepared to file a bankruptcy petition on behalf of Faraday over the objections of Faraday's main financier, Chinese tech entrepreneur Jia Yueting.

Still, it feels like a pipe dream against the backdrop of FF's main financier, LeEco, having to sell off land it purchased only a year ago to shore up finances.

FF's main financier, the Chinese tech giant LeEco, has issues of its own, with its CEO Jia Yuenting consistently being questioned over his leadership and financial...

And he believes concerns about funding will be abated, and FF's main financier, Chinese billionaire entrepreneur Jia Yuentig, will deliver.

Then, two months later, Jia, Faraday's main financier, publicly acknowledged financial difficulties in a letter to employees published by Bloomberg News.

FF's main financier, the Chinese tech giant LeEco, has issues of its own, with its CEO Jia Yuenting consistently being questioned over his leadership and financial acumen.

During a seemingly interminable presentation for the big Faraday Future reveal of its data - point named first production car, the FF 91, the company's senior vice president of R&D and engineering, Nick Sampson, appeared on stage with the company's main financier, Jia Yueting.

Hours later, Faraday's main financier — Chinese tech entrepreneur Jia Yueting — told employees in an internal email that it was planning to go public with a statement that announced the «termination» of Krause.

In 2016, the company reported its CEO was Jia Yueting, the Chinese tech entrepreneur and Faraday's main financier.

But financial problems have plagued Faraday throughout this year, including a court decision that froze the assets of its main financier, billionaire LeEco founder Jia Yueting.

This was after a Chinese court froze $ 182 million in assets of Faraday Future's main financier Jia Yueting.

MBSB Bank is currently the main financier of over eight of the country's affordable housing programmes, including the 1Malaysia Civil Servants Housing (PPA1M) programme.

A year full of turmoil with Faraday's main financier, lawsuits filed by vendors alleging millions in unpaid bills, and numerous top - level executive departures cast further doubt on the company's future.

Above all else, it is the main financier of a system that consumes hundreds of millions of dollars.