LMP Automotive under contract to sell 2 more dealerships as it continues plans for liquidation

LMP Automotive under contract to sell 2 more dealerships as it continues plans for liquidation

Growing Morgan Automotive Group of Tampa, Fla., purchased two Florida Kia dealerships from LMP Automotive Holdings Inc. very last 7 days and acquired a Florida Stellantis retail store in a different, unrelated November transaction. It marks the 3rd dealership sale announced by little automobile retailer LMP in three months. The Fort Lauderdale, Fla., firm said

Tech’s pandemic hiring boom continues to bust as Plaid adds to layoffs

Tech’s pandemic hiring boom continues to bust as Plaid adds to layoffs

Zach Perret, CEO and co-founder of Plaid, speaks through the Silicon Slopes Tech Summit in Salt Lake City, Utah, U.S., on Jan. 31, 2020. George Frey | Bloomberg by way of Getty Photos Fintech company Plaid is laying off about 260 personnel, adding to a recent wave of cuts from personal tech organizations. CEO Zach

Tencent shuts down Penguin Esports, its rival to Amazon’s Twitch, as China’s crackdown on tech continues

Tencent shuts down Penguin Esports, its rival to Amazon’s Twitch, as China’s crackdown on tech continues

The streaming platform, Penguin Esports, introduced Thursday that it would terminate all products and services on June 7, citing adjustments in “business advancement method.” Just nine months back, anti-believe in regulators prevented Tencent merging the company with its other passions in are living streaming. Penguin Esports was set up by Tencent in 2016 and is