Browsing Category
Fresno
1962 posts
The Sun’s home for news in the Ash Tree City.
Bitwise board fires Soberal, Olguin amid meltdown
Ollen Douglass, a member of the Bitwise Board of Directors, will take the helm of the company amid its collapse and questions of fraud.
June 2, 2023
Fresno landlord posts abandonment notices on three Bitwise buildings
Not even the tech firm’s flagship building was spared a pre-eviction notice.
June 2, 2023
Judge freezes Bitwise Industries assets, with one glaring exception
The failing Fresno tech incubator faces restrictions on its money and real estate moves after a lawsuit was filed on Wednesday.
June 1, 2023
Fresno officials tee off: ‘Bitwise has robbed the city’
In a bid to claw back grant funding to the collapsing tech venture, Fresno lawmakers fumed their frustration at Bitwise Industries and its leadership.
June 1, 2023
Fresno hospital claims romantic ties of doctor group execs fueled 2020 doctor walkout
A 2020 walkout of Community Health's neurosurgeons threatened Community Regional Medical Center's Level 1 trauma status. A new filing expands on what fueled the walkout.
June 1, 2023
A tax snafu led to Bitwise Industries’ unraveling. It could lead to Federal criminal charges.
Bitwise Industries' chase for high-interest, short-term loans began by breaching a contract over tax credits, new emails show.
June 2, 2023
Dyer chides Bitwise for lack of furlough notice, failure to pay taxes
Fresno's Mayor is applying public pressure on the troubled tech firm to comply with state and Federal laws regarding its work stoppage and pay its taxes.
May 31, 2023
Investor sues Bitwise alleging unauthorized sale of properties, loans
A Texas investment firm financed nearly all of the cost of five buildings owned by Bitwise. Then Bitwise officials used the properties to secure loans and list them for sale, a lawsuit reads.
May 31, 2023
Where is Bitwise Industries making its money? Internal docs shed light on business.
The booming (and now busting) Fresno tech start-up has often struggled to articulate exactly how it makes money. New documents acquired by The Sun shed light.
May 30, 2023
Bitwise Industries furloughs workforce. Questions arise over missing 401k money.
The tech incubator and co-working firm denied financial difficulties last week. Now, it's putting its employees on ice.
May 30, 2023