Browsing Tag

WeWork

30 posts

Adam Neumann, ousted WeWork founder, is now trying to buy back the bankrupt company

In 2019, Adam Neumann was ousted from WeWork after the company made…

WeWork, the co-working major once valued at $47Bn, files for bankruptcy, India business unaffected

Once a soaring star in the co-working industry, WeWork has now filed…

WeWork reportedly close to filing bankruptcy, stock hits rock bottom

WeWork, yet another story of a startup riding high on valuation bubble…
WeWork logo

WeWork India fixes security lapse that exposed customers’ personal information

Flexible workspace solutions company WeWork India has fixed a security lapse that…

Former WeWork CEO and founder Adam Neumann files lawsuit against Softbank’s tender offer withdrawal

Infamous WeWork Founder and ex-CEO Adam Neumann just added to the We…

Softbank to book more loss due to an additional $6.6Bn write down of WeWork investment

It seems the WeWork pain is seemingly endless for Softbank. After already…

Softbank projects Vision Fund losses at a staggering $24 Billion

In what seemed almost certain, Japanese tech behemoth Softbank announced today, that…

WeWork sues Softbank for its $3 billion share purchase walkout

WeWork, as anticipated, is suing Japanese tech conglomerate Softbank, for the latter’s…
softbank

Softbank abandons $3 billion WeWork tender offer to buy Adam Neumann’s, investor shares

Troubled Japanese tech conglomerate Softbank, has announced via a statement, that it…

WeWork opens two new co-Working centres in India, one each in Bengaluru and Mumbai

WeWork India is expanding its operations in India by adding two new…

WeWork has a new CEO and he is a real estate veteran, not tech

A failed IPO and billions of dollars of investor money, and WeWork…
softbank

Japanese banks have reportedly declined $3B lending to SoftBank for its mega WeWork bailout

SoftBank has reportedly hit a roadblock on its way to provide liquidity…

WeWork fetches mega $1.75B financing deal from Goldman Sachs

Goldman Sachs has pledged to bail out WeWork by introducing a line…

Minority shareholders are suing WeWork, ex-CEO Neuman and Softbank over unsuccessful IPO, plunging value

Softbank head Masayoshi Son has accepted his ‘mistakes’ and ‘poor judgement’ on…

WeWork gets $8 Bn lifeline from Softbank & a new executive chairman, Adam Neumann walks off a billionaire

In what could help WeWork turn things around and get back on…

SoftBank is taking control of WeWork at a $7.5 Bn valuation

In what is a classic case of Fall of the giants SoftBank is taking…

WeWork reportedly files to withdraw its ill-fated IPO as founder Adam Neumann steps down

WeWork’s valuation had plummeted in the recent times. The company has been…