WeWork Inc

SoftBank earnings Q4 and full year FY 2023

by
SoftBank earnings Q4 and full year FY 2023

SoftBank’s Vision Fund, the brainchild of the company’s founder Masayoshi Son, has faced a number of headwinds including a slump in technology stocks as a result of rising interest rates, a tough China market and geopolitics. Kentaro Takahash | Bloomberg | Getty Images SoftBank posted a 724.3 billion Japanese yen ($4.6 billion) gain on its … Read more

Adam Neumann is trying to buy bankrupt WeWork: Dealbook

by
Adam Neumann is trying to buy bankrupt WeWork: Dealbook

Billionaire Adam Neumann is trying to buy back bankrupt real-estate company WeWork, which he founded in 2010 and was ousted from in 2019, DealBook reported Tuesday. Neumann, his startup Flow and Dan Loeb’s Third Point fund have “consistently expressed” a “sincere interest” since December 2023 to buy WeWork and its leases out of bankruptcy or … Read more