WeWork

John Santora, the CEO of WeWork, has revealed that the current economic uncertainty due to tariffs is driving an increase in business for the coworking space company. What Happened: Speaking at a recent summit, Santora highlighted the reluctance of companies to commit to long-...

Adam Neumann, the former CEO of WeWork, is facing a crisis with his real estate startup, Flow, as one of its properties in Nashville is experiencing financial difficulties. What Happened: A 358-unit apartment complex in Nashville, one of six properties invested in by Flow, is struggling financially...

In a recent announcement, SoftBank Group Corp. (OTC:SFTBY) founder, Masayoshi Son, revealed his intent to make a significant investment in artificial intelligence (AI). What Happened: Son’s announcement suggests that SoftBank is on the verge of a substantial AI investment. While acknowledging...

This story was first published on the Benzinga India portal. India's competition watchdog has approved the acquisition of WeWork India by Real Trustee Advisory Company and Volrado’s funds. This comes after the CCI permitted WeWork to exit from its India unit on Tuesday....

WeWork Inc. has lost its former New York City headquarters to coworking rival Industrious. What Happened: Industrious signed a 10-year deal to manage office space at Tower 49 in midtown Manhattan, previously occupied by WeWork, Bloomberg reported on Monday. Industrious will oversee approximately...

Editor’s Note: The article has been updated to note that Anant Yardi is not the new CEO but will have a majority equity stake in the company. Anant Yardi, a low-profile software tycoon, will assume control of WeWork on Thursday. This transition follows a federal bankruptcy court’s...

Amazon.com founder Jeff Bezos has offered some unexpected advice to WeWork co-founder Adam Neumann on how to conduct meetings. What Happened: Bezos advised Neumann to adopt a leadership style where he speaks last during meetings, a strategy promoted by a prominent organizational psychologist, as...

Adam Neumann is making a renewed effort to regain control of WeWork Inc (OTC:WEWOQ) (OTC:WEWKQ) as the company struggles to secure funding and avoid a sale amid bankruptcy proceedings.  Since filing for bankruptcy in November, WeWork has been engaged in court-led...

In a bold move, Adam Neumann, the ousted co-founder of WeWork (OTC:WEWKQ), has launched a substantial bid to take back the company he was once pushed out of. The audacious offer exceeds $500 million, signaling Neumann’s unwavering interest in the co-working space provider that is currently...

In a recent turn of events, SoftBank Group Corp (OTC:SFTBY) declared its entire investment in WeWork as a loss. This announcement comes despite SoftBank’s first profitable quarter in five. What Happened: SoftBank decided to write off the entire investment in WeWork to zero in the fourth...

Co-founder and former CEO of WeWork Inc. (OTC:WEWKQ), Adam Neumann, along with his capital providers, including Dan Loeb‘s Third Point, are considering making an offer to purchase WeWork out of bankruptcy. What Happened: Neumann and Third Point have been attempting to acquire crucial...

SoftBank Corp (OTC:SFBQF) has declared that it is set to receive $7.6 billion worth of T-Mobile US Inc (NASDAQ:TMUS) shares at no extra cost, causing its Tokyo-listed shares to spike by 5%. What Happened: According to Reuters, SoftBank announced late Tuesday that it had instructed T-Mobile U.S. to...

Office-space provider, WeWork (NYSE:WE), has filed for Chapter 11 bankruptcy protection, as it faces liabilities between $10 billion and $50 billion. What Happened: The filing is limited to the company’s locations in the U.S. and Canada, CNBC reported. The firm stated...

After growing to be the biggest tenant in cities across the U.S., the once Silicon Valley darling WeWork last month warned it could file for bankruptcy following years of losses. The coworking giant, once valued at $40 billion, saw its stock price fall below $1 per share early this year, prompting...

The saga that is cryptocurrency platform FTX and its co-founder Sam Bankman-Fried could be must-see television or an epic biopic that portrays him as a hero or villain. The good news for anyone hoping for this outcome will be pleased to hear the latest about a potential movie or television...