SoftBank Estimates $24 Billion USD Loss for 2019 Fiscal Calendar
Tech & Gadgets 

SoftBank Estimates $24 Billion USD Loss for 2019 Fiscal Calendar

Weighed down by WeWork, OneWeb and Vision Fund.
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2,745 Hypes   3 Comments
WeWork Late on Rent Payments as COVID-19 Negatively Impacts Revenue
Tech & Gadgets 

WeWork Late on Rent Payments as COVID-19 Negatively Impacts Revenue

Hoping to find alternative arrangements with landlords.
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7,354 Hypes   8 Comments
WeWork Sues Softbank After Canceling $3 Billion USD Tender Offer
Tech & Gadgets

WeWork Sues Softbank After Canceling $3 Billion USD Tender Offer

The company is suing for alleged breach of contract and breach of fiduciary duty.
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12,681 Hypes   19 Comments
WeWork Appoints Sandeep Mathrani as New CEO
Tech & Gadgets

WeWork Appoints Sandeep Mathrani as New CEO

The real estate veteran plans to bring the company back to its roots.
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1,751 Hypes   0 Comments
WeWork Plans Exorbitant Exit Packages for Current Co-CEOS After 2,400-Person Lay-Off (UPDATE)
Tech & Gadgets

WeWork Plans Exorbitant Exit Packages for Current Co-CEOS After 2,400-Person Lay-Off (UPDATE)

The board is expected to remove the two, along with chief legal officer Jennifer Barrent.
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26,357 Hypes   21 Comments
Softbank Says It Has Now Invested $18.5 Billion USD in WeWork (UPDATE)
Tech & Gadgets

Softbank Says It Has Now Invested $18.5 Billion USD in WeWork (UPDATE)

SoftBank executive Marcelo Claure says its more than the GPD of his native country Bolivia.
By /
7,427 Hypes   6 Comments
WeWork’s Miguel McKelvey Stopped Chasing Cool and Found Success
Business of HYPE

WeWork’s Miguel McKelvey Stopped Chasing Cool and Found Success

The Co-Founder and Chief Culture Officer of WeWork details the company’s upbringing.
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14,002 Hypes   0 Comments
WeWork May Run out of Money by Next Month
Tech & Gadgets

WeWork May Run out of Money by Next Month

The company is reportedly rushing out a debt financing package.
By /
32,627 Hypes   14 Comments
WeWork Reportedly Expecting Significant Layoffs
Tech & Gadgets

WeWork Reportedly Expecting Significant Layoffs

Following months of turmoil at the company.
By /
4,240 Hypes   3 Comments
WeWork CEO Adam Neumann Steps Down From The Company
Tech & Gadgets

WeWork CEO Adam Neumann Steps Down From The Company

Following WeWork’s previous missteps going public.
By /
4,873 Hypes   0 Comments
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