Wework

Finance

03 March, 2020

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

20 February, 2020

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

19 February, 2020

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

12 February, 2020

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

06 February, 2020

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

03 February, 2020

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

14 January, 2020

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

20 December, 2019

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

16 December, 2019

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

06 December, 2019

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 ......