Tag: wework

The fall of WeWork shows the deepening cracks in real estate

Since it was founded in 2010, WeWork has not once turned a profit. For years its cash-torching ways went unchallenged, thanks to the reality-distorting...

From WeWork To Flow: Unpacking Adam Neumann’s Second Act

WeWork was Adam Neumann’s first unicorn. It soared, became a media and investor darling, and attracted a lot of VCs and investors from Benchmark...

SoftBank would buy about 25% of Adam Neumann’s stake in WeWork for $480 million under proposed settlement

Adam Neumann, CEO of WeWork.Eduardo Munoz | ReutersWeWork co-founder Adam Neumann and SoftBank are nearing a settlement agreement that would entitle the former CEO...

WeWork sells majority stake in its China business for $200 million as cost cutting continues

General view of WeWork Weihai Road flagship is seen on April 12, 2018 in Shanghai, China. World's leading co-working space company WeWork will acquire...

Walmart wanted to be majority owner of TikTok, and was teamed up with Alphabet and SoftBank before Microsoft

ByteDance Ltd.'s TikTok website is displayed on a smartphone in an arranged photograph. Andrew Harrer | Bloomberg | Getty ImagesWalmart and Microsoft might seem like an...

Softbank’s Latest Lifeline To WeWork Is A Fresh Snub Of Adam Neumann, But What Happens Next?

SoftBank Group chairman and CEO Masayoshi Son. (Photo by Tomohiro Ohsumi/Getty Images) Getty Images This spring,...

SoftBank in talks to back edutech co Unacademy – Times of India

Digbijay Mishra & Madhav Chanchani | TNN Bengaluru: SoftBank Vision Fund is in advanced discussions to lead a $150-million round in education technology startup...

Forget WeWork, This Participatory Real-Estate Development Company Is Setting ‘New Rules’

(L to R) Van Covington, Papa Mbye, Murad Sayf, Chris Webley, Philli Irvin, and McKayla Chandler in ... ...

WeWork Cofounder Adam Neumann Files Suit In Delaware Against One Time Ally SoftBank

In 2017, WeWork CEO Adam Neumann (left) told Forbes, "Our valuation and size today are much more ... ...

WeWork Unraveling Continues With New Layoff Round

For years, WeWork executives pitched their trendy office spaces around the notion of building ... community. Since November...

WeWork Employees Feel Abandoned And Angry As SoftBank Ditches Its $3 Billion Buyout Offer

An employee uses a soundproofed privacy booth at a WeWork space in London. Luke MacGregor/Bloomberg ...

Coronavirus Has ‘Warren Buffett Of Japan’ On The Ropes As SoftBank Takes Dive

SoftBank Group Chairman and CEO Masayoshi Son speaks during a press conference on November 6, 2019 ... in...

Coronavirus May Kill WeWork

About a week ago, word spread among the tenants of WeWork’s shared office space in London’s Waterloo neighborhood that an employee who was potentially...

Convene And The Wing To Close Locations Due To Coronavirus

A Wing location in New York. Tory Williams/The Wing Topline: Shared corporate space providers...

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