Wework
Finance
SoftBank's Masayoshi Son vows to be more careful after WeWork, other bets sour
SoftBank Group Corp Chief Executive Masayoshi Son, under pressure from hedge fund Elliott Management to rein in his mercurial investment ......
People
WeWork names former EY exec Shyam Gidumal new COO
Office-sharing startup WeWork on Thursday named a former Ernst & Young executive, Shyam Gidumal, as its new chief operating officer, ......
Finance
SoftBank spends $2.5 bn to get second Vision Fund off the ground
SoftBank Group Corp has pumped $2.5 billion of its own cash into new investments since October, people familiar with the ......
Finance
SoftBank scales back second Vision Fund as first fund's loss wipes out group profit
Quarterly profit at SoftBank Group Corp was almost wiped out as the Japanese technology giant was hit for a second ......
Infrastructure
SoftBank's Kirthiga Reddy joins WeWork board
Office sharing startup WeWork said on Thursday that Kirthiga Reddy, partner at SoftBank Investment Advisers since 2018, would join its ......
Infrastructure
WeWork names Brookfield exec Sandeep Mathrani as CEO
SoftBank-backed office sharing firm WeWork named real estate industry veteran Sandeep Mathrani as its new chief executive on Saturday. Mathrani will ......
TMT
WeWork debacle has unicorn investors seeking cover
In the months since office-sharing startup WeWork's botched public debut, mid- and late-stage investors in big start-ups have been pushing ......
Markets
Saudi Aramco, Alibaba rescue sluggish 2019 global equity capital markets
Giant listings by Saudi Aramco and Alibaba rescued a sluggish year for equity capital markets (ECM) in 2019 after a ......
Finance
After WeWork fiasco, SoftBank's China strategy under the scanner
For SoftBank Group Corp, financial technology firm OneConnect's IPO should have been a vindication of an aggressive China investing strategy. Instead, ......
Finance
SoftBank's Masayoshi Son sticks with gut-led investing in chat with Alibaba's Jack Ma
Weeks after his billion-dollar bailout of WeWork, SoftBank Group Corp’s founder and CEO Masayoshi Son reiterated his belief in an ......
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