Saturday, June 6, 2020
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SoftBank rethinking part of WeWork bailout

SoftBank Group Corp. has opted to back away from part of its bailout of co-working space provider WeWork, according to people with matter, The...

T-Mobile, Sprint renegotiate merger terms

T-Mobile and Sprint recently announced that they revised their $26 billion merger agreement that will create the New T-Mobile. The amendment will result in...

Massive layoffs, SEC probe among WeWork’s Latest Issues

In recent months, flexible office space provider WeWork saw its IPO (initial public offering) evaporate, Chief Executive Adam Neumann step down because of investor...

How WeWork’s Potential Downfall Could Impact NYC Real Estate

WeWork's Recent Woes Flexible office space provider WeWork’s recent woes have been well documented in this space as well as others. The canceled initial public...

SoftBank to Gain Majority Stake in WeWork, Sever Ties with former CEO

SoftBank Group Corp. has agreed to assume a majority stake in co-working office space provider WeWork, according to The Wall Street Journal and multiple...

Now It’s Urgent- SoftBank Looks to Gain Control of WeWork Through Financing Package

SoftBank Group has put together a financing package that would allow it to control flexible office space provider WeWork and move founder Adam Neumann...

SoftBank Announces New Tech Megafund

Apple said to be among Vision Fund II’s top investors. SoftBank Group Corp. recently announced its plans to deploy a new private investment fund, “Vision...

Katerra lands big investments as it looks to change construction industry

Silicon Valley startup construction company Katerra, Inc. believes its model will shake up the industry, and based on the investments it has received, it...

SoftBank investors have second thoughts on potential $16B WeWork acquisition

Investors in SoftBank Group Corp.’s tech fund closed out 2018 by halting a proposed $16 billion investment in the co-working office company WeWork, according...

SoftBank Looks to Snare a Majority Stake in WeWork

SoftBank Group Corp. is looking to take a majority stake in flexible office space provider WeWork, reports The Wall Street Journal. According to people familiar...
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IBM leaves WeWork outpost in NYC

IBM announced it will leave its WeWork outpost in Union Square in New York, Commercial Observer reports. The tech company is one of the...

Retain Tenants by Solving Spotty Cellular Problems in Multi-Unit Dwellings

With more tenants working from home, it is no longer optional to provide a strong cellular connection inside your multi-unit dwellings. In fact, it...

JC Penney brought to you by Amazon? Can you see it?

I was reading a number of stories and listening to the pundits opine about whether Amazon will buy JC Penney and I have to...