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Adam Neumann 'shut out' of WeWork buyback after company accepts a bid from Masa and former Softbank...
Fast Company Magazine· 15 hours agoWith two days until WeWork is expected to emerge from bankruptcy, Adam Neumann has written off his...
SoftBank Plans to Commit $9 Billion to AI Projects
PYMNTS.com· 3 days agoJapan’s SoftBank is reportedly planning to invest nearly $9 billion in artificial intelligence (AI). The tech company’s outlay for investments and...
SoftBank's vibe shift is using silence loudly
TechCrunch· 4 days agoBig tech: SoftBank CEO Masayoshi Son will be skipping the Japanese conglomerates’ earnings call, reports the Economic Times. We knew the flashy...
Goldman-Backed Marketplace Startup Expands Its Banking Unit
Bloomberg· 33 minutes agoHave a confidential tip for our reporters? Olist, a Brazilian startup that helps 40,000 clients sell...
SoftBank Vision Fund sells $75M of Compass stock
The Real Deal· 7 days agoThe move is part of Softbank’s larger goal to get below 10 percent ownership in all of its public investments, said Jason Helfstein, managing director...
WeWork Founder Adam Neumann Abandons Bid to Regain Control of the Company
Gizmodo via Yahoo Finance· 20 hours agoAdam Neumann is going to end his effort to buy WeWork. The Wall Street Journal reports that the...
Lenovo Expands Mideast Ties With $2 Billion Convertible Bond, Saudi Fund Deal
The Wall Street Journal· 14 hours agoThe world’s largest PC maker is boosting ties in the Middle East and Africa, raising $2.0 billion...
Softbank-backed Oyo withdraws IPO papers for second time
Reuters· 7 days agoOyo did not respond to a Reuters request for comment, but a source with direct knowledge of the...
Deflated ‘unicorn’ CEO Adam Neumann surrenders after judge kills his attempt to buy back WeWork
Fortune via AOL· 21 hours agoA New Jersey bankruptcy judge rejected Neumann’s efforts to buy back the beleaguered company earlier...
Saudi Arabia’s Lenovo Deal Showcases Cash for Investments Strategy
Bloomberg via Yahoo Finance· 5 hours ago(Bloomberg) -- Saudi Arabia is set to invest $2 billion in Lenovo Group Ltd., the latest instance of...