Wework
Infrastructure
What led WeWork to accept SoftBank offer
Just a few months ago, WeWork’s co-founder Adam Neumann was being courted by Wall Street’s top investment bankers...
Infrastructure
SoftBank to write down at least $5 bn for WeWork, Uber, other losses
SoftBank Group Corp is poised to write down at least $5 billion to account for a sharp drop in the value ......
Infrastructure
WeWork plans to lay off nearly a third of global staff
Office-sharing startup WeWork is planning to cut as many as 4,000 jobs as a part of a turnaround plan put ......
Infrastructure
WeWork board accepts SoftBank rescue deal
WeWork’s board has accepted a takeover plan proposed by SoftBank Group, handing control of the office-sharing startup to...
Infrastructure
SoftBank to skip WeWork's lease obligations with new funding lifeline
SoftBank Group Corp is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the...
Finance
Snakes and ladders: SoftBank Vision Fund's climbing, sliding valuations
The $100 billion Vision Fund of Japan’s SoftBank Group Corp (9984.T) has in just over two years burned through much ......
Infrastructure
WeWork India fights for funds after talks with ICICI Bank collapse
WeWork India, operated by real estate developer Embassy Group, saw talks to raise $100 million from Indian lender ICICI Bank ......
Finance
SoftBank CEO Masayoshi Son says "embarrassed" by track record
SoftBank Group CEO Masayoshi Son said he is "embarrassed and flustered" by his track record, in comments to Nikkei Business...
Finance
WeWork woes hit Softbank's plans for second Vision Fund
Softbank Group founder and CEO Masayoshi Son is struggling to raise money for a second massive technology investment fund in ......
Infrastructure
SoftBank-backed WeWork to formally withdraw ill-fated IPO
WeWork's parent The We Company said on Monday it will file to withdraw its initial public offering, a week after ......