• WeWork may try to go public again after it becomes profitable

    WeWork may try to go public again after it becomes profitable

    WeWork is once again looking to go public — but only if it starts making money.The beleaguered office-sharing startup could take another shot at an initial public offering after it becomes
  • WeWork sues SoftBank for yanking $3 billion tender offer

    WeWork sues SoftBank for yanking $3 billion tender offer

    WeWork has sued SoftBank after the Japanese conglomerate said last week that it’s backing out of a $3 billion offer for shares in the struggling office-sharing startup. In the lawsuit, which was widely expected after the tender was yanked last week, a special committee on the board of WeWork’s parent We Co. alleged that SoftBank …
  • Softbank yanks $3 billion tender offer from WeWork rescue plan

    Softbank yanks $3 billion tender offer from WeWork rescue plan

    SoftBank is pulling the plug on a $3 billion tender offer as part of its rescue plan for embattled WeWork, sources told Page Six. The Wall Street Journal reported last month that SoftBank, which controls half the WeWork board, indicated it could exit the April 1 deal, because it claimed certain preconditions were not met …
  • Disgraced WeWork cofounder Adam Neumann could unload nearly $1B in stock

    Disgraced WeWork cofounder Adam Neumann could unload nearly $1B in stock

    Tension is running even higher than usual at embattled WeWork this week over a deal that could make disgraced co-founder Adam Neumann hundreds of millions — at the same time the company laid off 250 workers, according to Bloomberg. An April 1 plan calls for SoftBank to buy $3 billion in stock as part of …
  • Pod Squad: 5 podcasts to listen to while coronavirus outbreak has you home

    Pod Squad: 5 podcasts to listen to while coronavirus outbreak has you home

    During times of crisis, Americans used to gather and tune in to the radio. Today, it’s more likely we’ll scatter and listen to separate podcasts; there are just so many amazing ones out there. According to PodcastHosting.org‘s stats, as of March there are over 900,000, with over 28 million episodes — so how to choose? …