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SoftBank-backed WeWork succumbs to bankruptcy

TMT

07 November, 2023

SoftBank-backed WeWork succumbs to bankruptcy

WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought US bankruptcy protection on ......

KKR ropes in former WeWork CFO to board

People

26 September, 2023

KKR ropes in former WeWork CFO to board

KKR & Co on Monday added former finance chief of office-sharing startup WeWork, Kimberly Ross, to the company's board. The private ......

SoftBank to shift to 'offence mode' as AI booms

Finance

21 June, 2023

SoftBank to shift to 'offence mode' as AI booms

SoftBank Group CEO Masayoshi Son said on Wednesday that his tech investing conglomerate plans to shift its stance to "offence ......

Silicon Valley giant Andreessen Horowitz backs Adam Neumann's real estate firm Flow

TMT

16 August, 2022

Silicon Valley giant Andreessen Horowitz backs Adam Neumann's real estate firm Flow

Venture capital giant Andreessen Horowitz said on Monday it would be investing in Adam Neumann's residential real estate company Flow, ......

Staqu seeks to bolster demand for its proprietary AI tech via pre-Series A round

TMT

26 April, 2022

Staqu seeks to bolster demand for its proprietary AI tech via pre-Series A round

Artificial intelligence-based startup, Staqu Tuesday said it has raised Rs 11 crore (around $1.5 million) as part of its pre-series ......

WeWork agrees to $9 bn SPAC merger to finally get stock market listing

Infrastructure

30 March, 2021

WeWork agrees to $9 bn SPAC merger to finally get stock market listing

WeWork said on Friday it has agreed to go public through a merger with blank-cheque firm BowX Acquisition Corp, enabling ......

Premium
Xander hires senior exec from coworking firm for India operations

Finance

19 November, 2020

Xander hires senior exec from coworking firm for India operations

Alternative investment firm The Xander Group Inc. has hired a former senior executive from a leading office-sharing startup to help ......

SoftBank Vision Fund back to black but some tech bets sting

Finance

09 November, 2020

SoftBank Vision Fund back to black but some tech bets sting

Japan's SoftBank Group Corp on Monday reported $6.1 billion in quarterly profit as a broad upswing in tech valuations brought ......

SoftBank governance reforms stop short of Vision Fund

Finance

06 July, 2020

SoftBank governance reforms stop short of Vision Fund

SoftBank Group Corp has no plans to increase board oversight of its $100 billion Vision Fund, two sources said, disregarding ......

WeWork Global to invest $100 mn in India business

Infrastructure

05 June, 2020

WeWork Global to invest $100 mn in India business

WeWork will invest $100 million in its Indian business as the office-sharing startup looks to ride out the coronavirus crisis, ......