United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
WeWork Surpasses JPMorgan as Biggest Occupier of Manhattan Office SpaceSurpassing JPMorgan Chase, the co-working company now rents 5.3 million square feet in Manhattan. WeWork used to appeal primarily to startups, but its growth is accelerating by leasing to bigger firms like Verizon and Liberty Mutual.
Read more »
Why WeWork Hired a Fashion Designer to Guide Its ExpansionAdam Kimmel takes a new direction as the chief creative officer of the coworking space company.
Read more »
WeWork Puts Four-Beer Limit on Once-Bottomless KegsWeWork said its new daily limits on free alcohol are unrelated to a former employee's lawsuit claiming the company had a 'frat-boy culture'
Read more »
SoftBank Boosts WeWork Valuation to $45 BillionJapanese conglomerate SoftBank has committed $3 billion to WeWork in a deal that values the company at about $45 billion, a major infusion of new funding by WeWork’s largest investor.
Read more »
Japan's SoftBank invests in US office space-sharing WeWorkTOKYO (AP) — American office space-sharing company WeWork has obtained $3 billion in funding from Japanese technology conglomerate SoftBank Group Corp. The new funding comes in addition to the $1 billion raised from SoftBank last quarter, WeWork spokesperson Kumiko Hidaka said Thursday. WeWork, which targets startups, is operating not only in the U.S. but also India, China, Peru, Israel and other nations, as well as Japan, where real estate is relatively expensive, allowing WeWork an opportunity to grow. SoftBank confirmed the investment but referred queries to WeWork.
Read more »
SoftBank Finds Limits to Its Love for WeWork as Investors Push BackKey investors in SoftBank’s giant tech fund have balked at a planned $16 billion investment in co-working startup WeWork, leaving SoftBank Chief Masayoshi Son to find an alternative as his ambitions hit up against the limits of his financial firepower.
Read more »
SoftBank’s Biggest Backers Balk at Planned $16 Billion Acquisition of WeWorkKey investors in SoftBank’s giant tech fund have balked at a planned $16 billion investment in co-working startup WeWork, leaving SoftBank Chief Masayoshi Son to find an alternative as his ambitions hit up against the limits of his financial firepower.
Read more »