WORLDPICE.NET: Breaking News - Latest of The Day 15:24, 09/13/2019

SoftBank to Buy at Least $750 Million of WeWork Parent Shares in IPO

SoftBank plans to buy at least $750 million of the shares in WeWork’s impending IPO, a move that could allow the office-sharing company to shore up an offering that has been plagued by tepid investor demand....

SoftBank to Buy at Least $750 Million of WeWork Parent Shares in IPO

Source: wsj.com

WeWork's Parent Postpones IPO WeWork’s parent postponed its initial public offering after investors questioned how much the company is worth and raised concerns about its corporate governance....
07:36, 09/17/2019

WeWork Parent Weighs Further Cut to Its Valuation WeWork’s parent is eyeing a valuation for its initial public offering that could fall below $20 billion as some existing investors push the workspace company to shelve the planned offering, people fam...
01:36, 09/09/2019

WeWork parent expected to delay IPO: WSJ WeWork owner The We Company is expected to postpone its initial public offering, the Wall Street Journal reported on Monday, citing people familiar with the matter....
16:24, 09/16/2019

SoftBank urges WeWork to shelve IPO WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank, whose key group p...
11:48, 09/10/2019

SoftBank urges WeWork to shelve IPO - FT SoftBank Group Corp, the biggest outside shareholder in the We Company, is urging the WeWork owner to shelve its anticipated initial public offering after concerns over the valuation it can achieve in...
17:12, 09/09/2019

WeWork's Parent Looks to Delay IPO As Investors Balk WeWork’s parent is expected to postpone its initial public offering after investors questioned how much the company is worth and its corporate governance....
03:36, 09/17/2019

WeWork Parent Considers Reducing Valuation Before I.P.O. In a sign that investors are growing wary of fast-growing, money-losing start-ups, the We Company may offer shares at a significant discount to its valuation in January....
08:24, 09/05/2019

SoftBank may need to write down its stake in WeWork, Bernstein says SoftBank could be forced to write-down its multi-billion dollar investment in WeWork if the company fetches an IPO valuation below $25 billion, analysts at Bernstein said....
09:36, 09/10/2019

WeWork presses on with IPO, pushing SoftBank into a corner Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group , with a stark choice:...
19:00, 09/10/2019

SoftBank reportedly asks WeWork to shelve IPO SoftBank, WeWork's biggest outside investor, is urging the startup to shelve its initial public offering, according to a Monday report from the Financial Times....
15:36, 09/09/2019

WeWork parent considers delaying IPO following pushback: sources WeWork owner The We Company is considering delaying its initial public offering until October at the earliest, concerned that its stock market debut would be snubbed by many investors, people familiar...
17:12, 09/16/2019

UPDATE 3-WeWork parent pulls IPO following pushback -sources WeWork owner The We Company took a last-minute decision on Monday to suspend preparations for an initial public offering (IPO), concerned that its stock market debut would be snubbed by many investors...
19:12, 09/16/2019

WeWork IPO valuation could dip below $20 billion, clouding SoftBank's vision WeWork owner The We Company is considering slashing the valuation of its planned stock market launch to below $20 billion, two people familiar with the matter said, the latest blow to leading tech inv...
08:24, 09/10/2019

SoftBank urges WeWork to shelve IPO over valuation concerns: FT SoftBank Group , a top shareholder in the holding company of U.S. office-sharing startup WeWork, is urging it to shelve a planned IPO on concerns over the valuation that can be achieved in a listing, ...
22:12, 09/09/2019

WeWork IPO valuation likely below $20 billion, clouding SoftBank's vision WeWork owner The We Company is weighing slashing the valuation of its forthcoming IPO to below $20 billion, two sources said, in the latest headwind for leading shareholder SoftBank Group whose key g...
07:36, 09/10/2019

SoftBank convertible note helped cut WeWork losses Investors may be stumped by some of the finances WeWork owner We Company unveiled this week in its filing to go public, in particular a $486 million gain on a convertible note that made losses at the ...
17:12, 08/15/2019

WeWork’s parent company is reportedly delaying its idiotic IPO plans The Wall Street Journal reports that The We Company, which owns co-working space provider WeWork, is putting its plans for an IPO on hold. Finally, good sense prevails at the firm. The real estate com...
01:36, 09/17/2019

UPDATE 2-WeWork parent considers delaying IPO following pushback -sources WeWork owner The We Company is considering delaying its initial public offering until October at the earliest, concerned that its stock market debut would be snubbed by many investors, people familiar...
16:24, 09/16/2019

WeWork's IPO delay a blow to Japanese investment giant Softbank Failure of WeWork comes soon after Uber, another loss-making SoftBank investment, went publicWeWork’s decision to delay its public share offering after a lacklustre response from investors comes as a ...
03:00, 09/18/2019

WeWork IPO valuation may dip below $20 billion in fresh blow to leading investor SoftBank WeWork owner The We Company is considering slashing the valuation of its planned stock market launch to below $20 billion, two people familiar with the matter said, the latest blow to leading tech inv...
13:24, 09/10/2019

WeWork Parent Expected to Postpone IPO Until October at Earliest Amid Investor Pushback WeWork’s parent is expected to postpone its initial public offering after investors questioned how much the company is worth and its corporate governance....
15:24, 09/16/2019

CBOE STOCK EXCHANGE SINGLE-DAY VOLUME TOPS 50 MILLION SHARES FOR THE FIRST TIME ON AUGUST 1; July Trading of 350 Million Shares was New All-Time High NEW YORK and CHICAGO, August 4, 2008 - CBSX, the CBOE Stock Exchange, LLC, a subsidiary of the Chicago Board Options Exchange (CBOE), announced that single-day trading volume of 50,205,700 shares on F...
11:24, 05/02/2019

British Gas parent's boss to leave as shares hit 22-year low Shares in British Gas parent Centrica are trading at levels not seen since 1997 after it reported a slew of negative news and said its chief executive was to go....
09:00, 07/30/2019

SoftBank shares come under pressure after Uber's rough first day of trading Shares of Japanese conglomerate SoftBank Group came under pressure in Monday's trading session following the large losses seen on ride-hailing giant Uber's debut day last Friday....
00:48, 05/13/2019

Google parent struggles with mobile clicks, YouTube changes, shares down 7% Alphabet Inc's Google failed to reap the benefits of a strong economy that bolstered rivals in the first quarter as the leading internet ad company faced increased competition in its search and hardwa...
17:00, 04/29/2019

CBP shares image of child being used by imposter parent to cross border Customs and Border Protection this week shared an image of a toddler brought to the border by a migrant with prior arrests who was falsely claiming to be the boy’s father in an attempt to gain entry t...
13:00, 08/02/2019

Shares in Brazil's Banco Inter surge as it lures SoftBank Shares in Banco Inter SA surged more than 20% on Tuesday as the Brazilian online lender raised 1.25 billion reais ($329.73 million) in an offering largely sold to Japan's SoftBank Group Corp, boostin...
11:48, 07/30/2019

SoftBank Group shares tumble as Uber prices IPO at lower end Shares in Japanese conglomerate SoftBank Group Corp tumbled 5.5% on Friday, a day after one of its biggest tech bets, Uber Technologies, priced its initial public offering at the low end of the target...
03:00, 05/10/2019

SoftBank Corp to buy $4 billion worth of new shares from Yahoo Japan Japan's SoftBank Corp said on Wednesday it would buy 456.5 billion yen ($4.15 billion) worth of new shares to be issued by Yahoo Japan Corp, boosting its stake to 44.64 percent from 12.08 percent....
03:36, 05/08/2019

Google parent's shares dive as YouTube changes, competition hurt revenue Alphabet Inc's Google on Monday saw its slowest revenue growth in three years from increased competition in advertising, stumbles in its smartphone business and disruptive changes at YouTube that left...
18:00, 04/29/2019

Cramer: Shares of Michael Kors' parent company are cheap — go with the bulls The Michael Kors parent held an analyst meeting earlier this week in which management laid out its growth plans, but it yielded conflicting opinions from the community....
20:00, 06/13/2019

UPDATE 4-Google parent struggles with mobile clicks, YouTube changes, shares down 7 pct Alphabet Inc's Google failed to reap the benefits of a strong economy that bolstered rivals in the first quarter as the leading internet ad company faced increased competition in its search and hardwa...
16:36, 04/29/2019

SoftBank Group to book 1.2 trillion yen profit on sale of Alibaba shares Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China's Alibaba Group Holding Ltd....
00:12, 06/04/2019

UPDATE 5-Google parent's shares dive as YouTube changes, competition hurt revenue Alphabet Inc's Google on Monday saw its slowest revenue growth in three years from increased competition in advertising, stumbles in its smartphone business and disruptive changes at YouTube that left...
21:12, 04/29/2019

Alphabet: Google parent company's shares drop after latest earnings report Report comes as company faces internal worker turmoil, and a recent $1.7bn fine from the EU Google shares slumped on Monday after the company failed to beat analyst predictions, following a year of in...
05:10, 05/01/2019

Hello Kitty’s Parent Company Fined $6.9 Million by E.U. The Japanese company behind Hello Kitty was penalized by antitrust regulators for restricting where manufacturers could sell licensed toys and other products....
13:36, 07/10/2019

SoftBank leads $200 million investment in India's Grofers Japan's SoftBank Group Corp has led an investment round of more than $200 million in online grocery startup Grofers India through its Vision Fund, the New Delhi-based company said on Wednesday, upping...
06:00, 05/15/2019

Security start-up Cybereason raises $200 million from Japan's SoftBank Boston-based security start-up Cybereason said Tuesday it raised $200 million in fresh funds from Japan's SoftBank Group Corp and its affiliates....
01:48, 08/06/2019

Car leasing app Fair raises $500 million loan from Mizuho, Softbank Car leasing startup Fair said on Tuesday it had raised $500 million in loans from a group of creditors, including Mizuho Bank and Japan's SoftBank Group Corp, as it looks to expand its leasing service...
18:48, 09/17/2019

Cybereason raises $200 million from SoftBank to expand global footprint Antivirus startup Cybereason said on Tuesday it raised $200 million in investment from Japan's SoftBank Group Corp , doubling the total investments raised by the company so far to about $400 million....
04:12, 08/06/2019

WeWork Co-Founder Has Cashed Out at Least $700 Million Via Sales, Loans Adam Neumann, co-founder and largest shareholder of WeWork Cos., has cashed out more than $700 million from the company ahead of its initial public offering through a mix of stock sales and debt, peop...
16:12, 07/18/2019

WordPress.com parent Automattic raises $300 million from Salesforce at a $3 billion valuation WordPress.com parent Automattic has raised $300 million in funding from Salesforce Ventures, giving it a post-funding valuation of $3 billion.Read More...
06:48, 09/19/2019

Cyber defense firm Cybereason raises $200 million from Japan's Softbank U.S.-Israeli cyber security provider Cybereason said on Tuesday it raised $200 million from Japan's Softbank and its affiliates, bringing the company closer to an initial public offering....
04:12, 08/06/2019

Wirecard sees profit potential of Softbank alliance at up to 273 million euros Wirecard sees the total five-year profit potential from its alliance with Japan's Softbank Group Corp at between 209 million euros and 273 million euros ($235-$307 million), the German payments compan...
10:00, 05/10/2019

SoftBank raises $270 million via Seoul unit for early-stage investments SoftBank Group Corp said on Friday its Seoul-based venture capital unit focusing on early-stage investments has raised a 317 billion won ($270 million) fund....
09:12, 07/19/2019

Collective Health secures $205 million in funding led by SoftBank Vision Fund Collective Health, which makes software for companies to pay workers' health costs directly, said on Monday it had raised $205 million in new funding led by SoftBank Group Corp's Vision Fund....
05:36, 06/17/2019

WeWork Co-Founder Has Cashed Out at Least $700 Million From the Company Via Sales, Loans Adam Neumann, co-founder and largest shareholder of WeWork Cos., has cashed out more than $700 million from the company ahead of its initial public offering through a mix of stock sales and debt, peop...
13:48, 07/18/2019

WeWork files for IPO, shows $900 million loss in first half of year WeWork joined the ranks of Uber and other money-losing startups Wednesday when it revealed it’s bleeding cash ahead of an IPO. The parent company of WeWork, the $47 billion landlord for upscale co-wor...
00:48, 08/15/2019

WeWork files for IPO, shows $700 million loss in first half of year WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the first time that showed it lost almost $700 million in ...
17:12, 08/14/2019

Wirecard sees five-year profit potential of Softbank alliance at 209-273 million euros Wirecard sees the total five-year profit potential from its alliance with Softbank Group Corp at between 209 million euros and 273 million euros ($235-$307 million), the German payments company said ...
07:36, 05/10/2019

IPO hopeful WeWork adds woman to board, CEO returns $5.9 million, after backlash WeWork owner The We Company took some steps on Wednesday to burnish its appeal to investors ahead of its initial public offering by adding a woman, Frances Frei, to its all-male board and announcing t...
13:24, 09/04/2019

U.K. Privacy Regulator Shows Its Teeth: Fines British Airways Parent $230 Million for Data Breach British Airways parent International Consolidated Airlines Group said it would fight a hefty fine proposed by U.K. regulators for a cyberattack that exposed personal data of about half a million of th...
01:48, 07/08/2019

WeWork's Latest Threat: Old-School Landlords Trying to Copy WeWork Owners strike back as their big corporate tenants are targeted by WeWork and other purveyors of flexible leases and millennial-friendly workspace. ‘The biggest disruption to real estate since the inve...
08:48, 09/10/2019

WeWork's Latest Threat: Landlords Copying WeWork Owners are striking back as their big corporate tenants are targeted by WeWork and other purveyors of flexible leases and millennial-friendly workspace....
10:24, 09/10/2019

Slack registers 117 million shares for direct listing Slack Technologies Inc, the owner of the workplace instant messaging app, said https://www.sec.gov/Archives/edgar/data/1764925/000162828019007058/slacks-1a2.htm on Monday it had registered about 117 m...
13:48, 05/24/2019

CORRECTED-Slack registers 117 million shares for direct listing (May 20) Slack Technologies Inc, the owner of the workplace instant messaging app, said https://www.sec.gov/Archives/edgar/data/1764925/000162828019007058/slacks-1a2.htm on Monday it had registered about 117 m...
13:48, 05/24/2019

Brazil bank BTG Pactual plans to sell 48 million shares Brazil's largest investment bank BTG Pactual SA will sell 48 million shares as part of a secondary share offering, the company said in a securities filing on Wednesday....
05:48, 06/05/2019

American Airlines top executives buy company shares worth $2.4 million American Airlines Group Inc's top six executives on Tuesday bought 85,000 shares of the company's common stock on the open market for about $2.4 million, at a time when the share price has significant...
21:12, 06/04/2019

FCA CEO Manley sold shares for $3.5 million this week to cover personal expense Fiat Chrysler Chief Executive Mike Manley sold shares in the car maker for $3.46 million on May 28, the day after the announcement of a merger proposal to French rival Renault, a regulatory filing sho...
01:12, 05/31/2019

J&J liable for $572 million in Oklahoma opioid epidemic trial; shares rise An Oklahoma judge on Monday ordered Johnson & Johnson to pay $572.1 million to the state for its part in fueling an opioid epidemic by deceptively marketing addictive painkillers, a sum that was subs...
18:48, 08/26/2019

J&J liable for $572 million in Oklahoma opioid epidemic trial, shares rise An Oklahoma judge on Monday ordered Johnson & Johnson to pay $572.1 million to the state for its part in fueling an opioid epidemic by deceptively marketing addictive painkillers....
15:36, 08/26/2019

Spotify shares jump after it hits 100 million paid subscribers for its premium service Spotify Technology reported a better-than-expected rise in first-quarter revenue as the music streaming company hit 100 million paid subscribers for its premium service....
07:36, 04/29/2019

Jeff Bezos sold another $990 million worth of Amazon shares at the end of last week (AMZN) Reuters Amazon CEO Jeff Bezos sold more than 500,000 shares on Thursday and Friday, raising $990 million. The shares were in addition to the $1.8 billion worth of stock he sold earlier in the week. I...
21:48, 08/05/2019

Japan Display to receive $100 million investment from Apple, says report; shares jump Japan Display Inc is set to receive a $100 million investment from Apple Inc, its biggest customer, the Asahi newspaper reported on Thursday, sending the screen maker's shares up as much as 32% in Tok...
23:00, 06/26/2019

KeyCorp shares fall after Cleveland bank uncovers $90 million fraud by customer Shares of KeyCorp fell on Tuesday after the regional bank disclosed it discovered fraudulent activity that could cost the company up to $90 million.       ...
10:36, 07/16/2019

Kim Kardashian Shares Ways She Plans to Cover Up 2 Million Garments With ''Kimono'' Logo Kim Kardashian is sharing a "progress report" weeks after announcing she was changing the name of her shapewear line, Kimono. For some backstory: In late June, the Keeping Up With......
17:12, 07/27/2019

CBOE Stock Exchange (CBSX) Daily Volume Exceeds 100 Million Shares for the First Time CHICAGO, August 25, 2010 - The CBOE Stock Exchange, LLC (CBSX) today reported that trading volume on Tuesday, August 24 totaled a daily record of 118.8 million shares. This is the first time since CBS...
01:00, 05/02/2019

CBOE Stock Exchange (CBSX) Establishes New Daily Volume Record with 90.8 Million Shares Traded CHICAGO, August 23, 2010 - The CBOE Stock Exchange, LLC (CBSX) today reported that trading volume on Friday, August 20 was a record for any day at CBSX. More than 90.8 million shares changed hands, su...
01:00, 05/02/2019

Selma Blair shares photo with pal Pink and shares a lesser-known MS symptom "I was so startled to see @pink come up behind me that my overactive startle reflex kicked in and I went flying," Blair wrote.        ...
12:48, 05/28/2019

Every Parent Needs This Sippy Cup I knew that motherhood would throw all manner of unexpected difficulties my way, but one struggle that I really didn’t expect was the struggle we went through trying to teach our son how to drink from...
14:12, 06/20/2019

How to Get the Most Out of a Parent-Teacher Conference Parent-teacher conferences are the speed-dating of the education world. You sign up for a 10-minute slot (15 if you’re lucky), the teacher pulls out a timer, and away you go. How are his reading skill...
18:48, 09/05/2019

Five Products Every Techie Parent Should Have After having our son, I realized that a lot of the baby-focused tech we were using hadn’t changed in hundreds of years. The same brands have been around forever, and the bestsellers stay the same year...
19:24, 07/08/2019

Use Business Strategies to Be a Better Parent I used to be a librarian. I used to be a newspaper reporter. I used to be a market researcher in publishing. I used to have offices with doors, access to supply closets, and regular breaks to drink po...
10:24, 06/21/2019

Why SoftBank Needs a Second Vision Fund Softbank could use a second technology megafund following the success of its Vision Fund, which has added a powerful shot of growth to the company’s recent financial results....
09:48, 08/07/2019

WeWork's on-again off-again IPO delayed again After a series of setbacks on the road to an initial public offering, the parent company of real estate start-up WeWork is delaying the move, sources told CNBC Monday....
19:12, 09/16/2019

'Put your phone away and be in the moment': how to enjoy being a parent A recent report found parents are happier when their children leave home – but why wait? Four experts share their tips on putting the fun back into family, at every ageCould we go down in history as t...
04:00, 09/07/2019

After ICE raids, some children still are without a parent, official says Some children whose parents were detained in immigration raids in Mississippi last week still do not have at least one parent with them, a Mississippi Department of Child Protection Services spokeswom...
16:00, 08/16/2019

How to Keep Your Parent Friends When the Kids Grow Apart Your kid makes a friend. You meet the friend’s parent. You like that parent, a lot. You start scheduling playdates, mostly for the kids but also for you. Then your partners meet and they like each oth...
10:48, 07/23/2019

Oh, the Shame: Why Being a Celebrity Parent Is Harder Than It Looks Being a celebrity parent has its perks. You can afford quality childcare and all the best schools, and your name alone can open up incredible career opportunities for your children. But though......
11:12, 05/11/2019

I'm Comedian Gastor Almonte, and This Is How I Parent Gastor Almonte is an East New York comedian. In Immigrant Made, his debut standup album, he tells stories about what it was like growing up in Brooklyn as the son of Dominican immigrants, how gentrifi...
08:12, 05/08/2019

TNW2019 Daily: Working parent? We got you We’re exactly one week away from TNW Conference! As we get closer to the event, I’d like to share some practical resources for you to use on May 9 and 10. TNW2019 tips and tricks Make your life easier...
09:12, 05/02/2019

AI Is Hot and SoftBank Is Offering Cash to Burn SoftBank’s plans for a second technology megafund focused on artificial-intelligence startups is poised to flood an already-hyped sector with more money....
03:00, 08/08/2019

SoftBank Rolls Out Second Tech Megafund SoftBank Group said it would start a second technology megafund and has secured $108 billion in commitments from investors including Apple, Japanese banks, Taiwanese investors and Kazakhstan’s soverei...
19:48, 07/25/2019

SoftBank Secures $108 Billion for Second Megafund SoftBank Group said it would start a second technology megafund and has secured $108 billion in commitments from investors including Apple, Japanese banks, Taiwanese investors and Kazakhstan’s soverei...
01:24, 07/26/2019

Does SoftBank Really Have $108 Billion for Its Vision Fund 2? SoftBank appeared to have pulled off a fundraising coup last month when it announced a technology investment fund with $108 billion in expected capital from the likes of Apple and Microsoft....
08:36, 08/06/2019

SoftBank planning IPO of $100 bln Vision Fund - WSJ SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, which usually picks up big stakes in fast-growing technology companies, the Wall Street Journal reported ...
07:12, 05/03/2019

Here are the systematic risks of WeWork's IPO Scott Crowe, CenterSquare Investment Management, and CNBC's Robert Frank, join 'The Exchange' to discuss the risks of WeWork's IPO....
15:24, 09/13/2019

WeWork may cut its IPO valuation by billions WeWork, one of the most high-profile tech companies that has filed to go public this year, is now weighing whether to cut its targeted IPO valuation drastically, according to multiple news outlets...
04:24, 09/06/2019

The world is scary for girls. But there's never been a better time to parent I can’t shield my daughter from sexism and racism. But she will be more empowered to confront it than I ever was A few months ago I met my husband and five-year-old daughter at one of those soft-play ...
05:12, 05/12/2019

Infiniti forced to move back in with parent Nissan Motor Co. last week said Infiniti's headquarters would leave Hong Kong for Japan in 2020 as part of a push to centralize and streamline operations....
04:12, 06/03/2019

Petrobras distributor looks at buying parent's refineries -CEO Petrobras Distribuidora SA , the fuel distribution unit of Brazilian state-run oil firm Petroleo Brasileiro SA, will study a possible purchase of refineries being sold by its parent company, an execut...
14:00, 05/07/2019

Trump, in tussle with CNN, suggests boycott of parent AT&T President Donald Trump took to Twitter on Monday immediately after he arrived in London for a pomp-filled state visit to Britain to complain about CNN and his limited access to U.S. news...
14:36, 06/03/2019

Another parent busted in college admissions scandal Federal prosecutors have busted yet another parent in the nationwide college admissions scandal, officials announced Friday. Tech executive Jeffrey Bizzack was nabbed for paying $250,000 to bribe his ...
17:00, 06/28/2019

Avoid playgrounds and eat the last biscuit: how to keep your sense of self as a parent Remember when life wasn’t all packed lunches and soft play? It’s time to get that person backI am currently working away from home, abandoning my family to selfishly pursue my own interests – or at le...
00:48, 07/06/2019

GateHouse Media Parent to Buy Gannett for $1.4 Billion The country’s two largest newspaper chains agreed to combine their businesses in a roughly $1.4 billion deal, further consolidating an industry reeling from strong economic headwinds....
20:36, 08/05/2019

New life for MoviePass? Former CEO of parent company wants to buy the service The offer is for MoviePass, the company’s movie-time-listing service Moviefone and a film-acquisition business called MoviePass Films.       ...
07:36, 09/18/2019

Stop being a lazy parent and chaperone your kids Hey NYC parents: Get off your butts and chaperone your kids! Not only because it’s good to be involved in your children’s school lives (particularly when pre-teens/teens reveal less and less), but bec...
14:36, 05/18/2019

"You Come For Press Opportunity": UK PM Confronted At Hospital By Parent British Prime Minister Boris Johnson was confronted at a London hospital on Wednesday by the father of a sick child who said the care his child received had not been acceptable and that the nation's.....
11:48, 09/18/2019

MoviePass to Halt as Parent Explores Possible Sale MoviePass parent Helios & Matheson plans to “explore all strategic and financial alternatives,” including a sale or reorganization, and said MoviePass would stop service, effective Saturday....
15:48, 09/13/2019

SoftBank Unit Yet to Conquer Internet of Things Arm Holdings’s software business posted $191 million in sales for the past fiscal year, a sliver of the $2 billion revenue goal set for itself by 2025....
05:24, 07/08/2019

UPDATE 1-SoftBank planning IPO of $100 bln Vision Fund - WSJ Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, the Wall Street Journal reported on Friday, citing people familiar with the matter....
07:12, 05/03/2019

SoftBank Considers IPO for $100 Billion Vision Fund SoftBank Group is considering audacious fundraising plans, including a public offering of its $100 billion investment fund and the launch of a second fund....
04:48, 05/03/2019

SoftBank Rolls Out Second, Even Bigger Tech Megafund SoftBank will start a second technology megafund, having secured $108 billion in commitments from investors including Apple, Japanese banks, Taiwanese investors and Kazakhstan’s sovereign-wealth fund....
11:12, 07/27/2019

SoftBank Plans for Second $100 Billion Vision Fund Less than two years after the Vision Fund’s launch, the Japanese company has deployed most of its money, investing in the world’s most valuable technology companies, including Uber and WeWork....
04:00, 05/09/2019

Bankers Find New Reasons to Keep Lending to SoftBank Bankers also say they are eager to lend because changes SoftBank’s corporate structure mean banks and credit-rating firms can view it as an investment holding company rather than as a mobile-phone ope...
06:24, 05/14/2019

SoftBank’s profit nearly quadruples on fund investments TOKYO — Japanese technology company SoftBank Group Corp. reported Wednesday its fiscal first quarter profit nearly quadrupled to 1.122 trillion yen ($10.6 billion) as its fund investments boosted inco...
17:24, 08/07/2019

SoftBank Invests in an Opaque $100 Billion Industry More and more companies are using intermediaries like Greensill to pay their suppliers early. It’s a part of accounting in desperate need of transparency....
11:24, 05/15/2019

SoftBank reveals details of new $108bn fund SoftBank Group has announced that it will launch its second Vision Fund with the help of Apple, Foxconn, Microsoft, other tech giants and investors.The new fund will be called the Vision Fund 2 and it...
12:36, 07/26/2019

U.S. clears SoftBank's $2.25 billion investment in GM's Cruise SoftBank has come under increasing U.S. scrutiny over its ties to Chinese firms in the face of an escalating trade and technology war between Washington and Beijing....
04:48, 07/06/2019

WeWork's valuation is probably a little overstated: Professor Jay Ritter of University of Florida says, at the $50 billion valuation that investors are talking about, he would be "very skeptical" of buying into WeWork's stock....
01:12, 08/27/2019

Stopping Red Ink Tops WeWork's To-Do List As WeWork heads toward an initial public offering, the office-space company faces a fundamental problem: Its losses are growing as fast as its revenue....
17:12, 08/15/2019

WeWork could go public as early as September Shared office space manager WeWork is looking to go public as soon as September, earlier than previously expected, a person familiar with the matter told Reuters on Tuesday. The company is expected to...
06:24, 07/24/2019

WeWork slashes its valuation ahead of IPO WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) to a little over $20 billion, less than half the $47 billion valuation it achieved in...
12:01, 09/05/2019

WeWork moves ahead with IPO despite pushback Office-sharing startup WeWork is pressing ahead with plans to go public despite lukewarm interest in its shares, three sources said, leaving its largest investor, SoftBank Group, with a stark choice: ...
20:36, 09/11/2019

WeWork's New Venture Proves Its Ordinariness Its decision to own properties is an effort to control lease prices and capitalize on asset price growth, underscoring how its business model isn’t nontraditional....
15:12, 05/15/2019

WeWork pushes IPO back at least a month The owner of office sharing startup WeWork agreed late Monday to postpone its stock debut until at least October — the latest in a series of setbacks to its initial public offering plans, The Post has...
19:12, 09/16/2019

Mired in debt, WeWork files for IPO As many have long expected, WeWork, the preferred provider of office space for freelancers and startups alike, has filed to go public. Its prospectus, which highlights the strengths and weaknesses of ...
14:24, 08/14/2019

WeWork Moves to Limit the Power of Its C.E.O. The parent company of the co-working business made the changes to allay concerns among prospective investors about how much influence Adam Neumann wields....
05:12, 09/13/2019

WeWork may seek IPO valuation as low as $10 billion WeWork’s parent company may seek a valuation as low as $10 billion in its looming public debut, a dramatic discount to the $47 billion valuation it achieved in January, people familiar with the ...
10:12, 09/13/2019

Stopping the Red Ink Tops WeWork's To-Do List As WeWork heads toward an initial public offering, the office-space company faces a fundamental problem: Its losses are growing as fast as its revenue....
11:12, 08/15/2019

What WeWork's delayed IPO means for competitors Knotel co-founder and CEO Amol Sarva joins "Squawk Alley" to discuss the company's growth and room for competition amid WeWork's delayed IPO....
13:36, 09/17/2019

The Hazards of Joining WeWork's Community Increasing losses, murky financial metrics and touchy-feely sales pitches are hallmarks of the recent IPO boom. WeWork brings them together in one offering....
22:24, 08/14/2019

Can Olivia Pierson and Her Siblings Parent Trap Their Divorced Mom and Dad? Move over, Lindsay Lohan. It's Olivia Pierson's turn to Parent Trap. In this clip from Sunday's all-new Relatively Nat & Liv, the WAGS alum gets candid with her siblings......
11:12, 06/05/2019

A parent's guide to raising a good digital citizen "Do you know what you're looking at?" I ask my five-year-old and seven-year-old when we're on the iPad. "Yeah, yeah," they grumble as they swipe and tap during their 10-minute dip into devi...
09:12, 05/09/2019

Foursquare to Buy Location-Data Specialist Placed From Snapchat Parent The onetime social-media darling that has transformed into a specialist in providing location data to other companies is buying another location-data powerhouse in a bid to dominate the business of he...
00:12, 05/31/2019

Another parent charged in college admission bribery scam BOSTON (AP) — A California man has become the 51st person charged with taking part in the sweeping college admissions bribery scheme. Federal prosecutors in Boston said Friday that 59-year-old Jeffrey...
11:00, 06/28/2019

Guardian broke even last year, parent company confirms Growing digital revenues and reader contributions help Guardian News & Media to operational profit of £800,000The Guardian’s parent company has confirmed it hit its financial break-even target, as rev...
10:12, 08/07/2019

Corona parent’s stock is up after sales soar in first quarter The beer-guzzling season started early this year for the maker of Corona and Negra Modelo — sending its stock up more than $12 a share. Investors bid up shares of Constellation Brands more than 7 perc...
20:00, 06/28/2019

A parent's guide to teaching internet common sense Being a good digital citizen means being a responsible one: educating yourself and your kids about the digital world, participating in it in positive ways, questioning it and using technology as a too...
15:36, 05/26/2019

Easily Share a Parent's Medical Updates With a Group Using This App My mother passed away a few years ago after living for roughly 20 years with multiple sclerosis. Over those two decades my siblings and extended family often traded responsibilities when it came to ta...
19:00, 05/26/2019

TikTok’s parent company is reportedly working on a smartphone ByteDance, the company behind the fast-growing teen sensation TikTok, is getting into the smartphone business, according to a report from Reuters. The project, which Chinese financial news site Caijin...
12:36, 07/29/2019

TikTok's parent company confirms plans for a smartphone Yes, the company behind TikTok really is making a smartphone. ByteDance has confirmed that's producing a handset in a "continuation" of a project from Chinese phone maker Smartisan. Details of ...
09:00, 07/29/2019

Give Your Kid Some 'Text My Parent' Cards Before School Ends School is almost out, which means your kids are about to lose their built-in weekday social life for a long, hot stretch. As a working mom, I admittedly haven’t connected with the parents of every chi...
14:12, 05/30/2019

My 4-Year-Old Did One of Those Things Kids Do to Remind You Why Being a Parent Is Awesome Parenting, in practice, is a lot of work. Sure, it’s work that most of us who have the privilege of being parents love, but there are days when everybody can use a break. Especially when you have litt...
09:36, 08/15/2019

Charges Against Another Parent Revealed in the College Admissions Scandal Prosecutors said a Chinese woman living in Canada had paid $400,000 to bribe her son’s way into U.C.L.A., raising the total number of parents accused in the case to 35....
09:12, 09/18/2019

A 3rd parent pleads guilty in college admissions scheme BOSTON (AP) — A California executive who pleaded guilty to charges that he paid $400,000 in bribes to get his son into Georgetown University has been fired. Stephen Semprevivo pleaded guilty Tuesday i...
21:00, 05/07/2019

Four kids steal parent's car and run away on 600-mile road trip Four adventurous children aged between 10 and 14 packed a stolen family car with fishing rods and took off on an epic 600-mile road trip along the Australian coast, authorities have said....
03:12, 07/15/2019

Stepsister wins legal battle over which parent died first Entitlement to co-owned estate depended on sequence of John and Marjorie Scarle’s deathsAn extraordinary inheritance dispute between two stepsisters has been resolved after the high court ruled it cou...
19:36, 08/13/2019

TikTok Parent ByteDance Developing Its Own Smartphone: Report ByteDance, the company that runs video sharing platform Tiktok, is reportedly working on a smartphone that will come with many of its apps and services pre-installed...
00:36, 05/28/2019

Google Parent Posts Slowed Growth Across the Board One of Silicon Valley’s blue-chip names, Google, posted weaker earnings than expected as mounting competition to a once-untouchable online advertising operation finally landed a blow....
16:12, 04/29/2019

Ease New-Parent Guilt by Thinking Differently About Time Baby years are not like regular people years. Things move fast. When my daughter was an infant, my husband and I would glance at her just about every morning and say, “Whoa, she looks different today....
17:36, 07/17/2019

| Parent outrage as sick US teacher forced to pay for substitute Parents at an elementary school in San Francisco have expressed outrage after learning that a teacher suffering from cancer and on sick leave is having to pay the school district for her substitute....
12:36, 05/10/2019

I'm Paul Goodloe, Meteorologist at The Weather Channel, and This Is How I Parent As a veteran on-air meteorologist, Paul Goodloe has reported from the scenes of blizzards, floods, fires and hurricanes—here’s footage of him trying to stay upright while covering Hurricane Florence i...
07:12, 05/13/2019

Millennials need to save up to move out of their parent's home If you want to move out of Mom and Dad’s about $10K needed for good financial cushion. Veuer’s Elitsa Bizios reports.       ...
17:12, 06/18/2019

SoftBank set to invest in British financing group Greensill A prospective deal between SoftBank Group Corp's Vision Fund and UK-based financing group Greensill Capital could be announced as early as Monday, a city source told Reuters....
08:00, 05/12/2019

SoftBank's Bid to Build a Solar-Power Empire Founders Investor Masayoshi Son sought deals of immense scale in Saudi Arabia, India and beyond to tackle one of the world’s toughest energy challenges. So far, his firm has done a fraction of what it promised...
15:24, 08/10/2019

Japan's SoftBank chases more deals with Mexican startups Japan's SoftBank Group Corp is in advanced talks to invest in Mexican used car platform Kavak and financial technology firm Konfio, several people familiar with the matter said, underscoring the comp...
13:00, 08/09/2019

SoftBank's New Fund Stands to Shake Up Enterprise Tech SoftBank’s $108 billion technology fund will have a big impact on the venture-backed startups helping to develop next-generation enterprise technology, investors say....
17:00, 07/29/2019

SoftBank Group announces new $108 bln Vision Fund aimed at AI SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in AI technology, saying it had secured memoranda of understandings (MOUs) for about $108 billion from companies includi...
18:12, 07/25/2019

Grab commits $2 billion to Indonesia with SoftBank's backing Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital from Japan's SoftBank Group Corp, marking its biggest commitment in the reg...
03:00, 07/29/2019

Wirecard deal with AUTO1 first fruit of SoftBank alliance German payments company Wirecard AG said on Thursday it was teaming up with car-dealing platform AUTO1 Group to offer digital financial services to consumers, in its first alliance with a company back...
23:12, 07/17/2019

SoftBank's Vision Fund to borrow $4 bln against stakes in Uber and two others - FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financi...
00:24, 05/30/2019

Grab to invest $2 billion in Indonesia using funds from SoftBank Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japan's SoftBank Group Corp, which wants to increase its expo...
01:24, 07/29/2019

SoftBank creates 'AI revolution' fund without Saudi cash SoftBank has apparently dropped Saudi Arabia as an investor for its new fund after the assassination of journalist Jamal Khashoggi. It has vowed to accelerate the "AI revolution" through investment in...
09:24, 07/26/2019

GM's Cruise gets $1.15 billion new cash from T. Rowe Price, SoftBank General Motors Co's majority-owned Cruise self-driving division on Tuesday said T. Rowe Price and a group of existing investors put down $1.15 billion in new equity, valuing the unit at $19 billion....
07:12, 05/07/2019

SoftBank, Toyota's self-driving car venture to add five more automakers: sources The self-driving car joint venture of SoftBank Corp and Toyota Motor will receive investment from a further five Japanese automakers, two sources familiar with the matter said, broadening backing for ...
20:24, 06/26/2019

Cybereason raises $200 mln from SoftBank to expand global footprint Antivirus startup Cybereason said on Tuesday it raised $200 million in investment from Japan's SoftBank Group Corp, doubling the total investments raised by the company so far to about $400 million....
23:48, 08/05/2019

SoftBank eyeing near US$1-billion investment in Colombia's Rappi Rappi was founded in 2015 by three friends as a restaurant-delivery business in Colombia’s capital, Bogotá. It has since spread across Latin America....
10:12, 04/30/2019

Softbank's Arm Holdings eases upfront license costs Arm Holdings, the British chip technology firm whose designs underlie mobile phone chips, is changing its licensing model to pursue a bigger customer base as more devices become connected to the inter...
06:24, 07/16/2019

SoftBank plans to lend up to $20 bln to employees to invest in new fund- WSJ Japan's SoftBank Group Corp is planning to lend up to $20 billion to its employees, including Chief Executive Masayoshi Son, to buy stakes in its second Vision Fund, the Wall Street Journal reported h...
10:24, 08/17/2019

Brazilian startup Volanty gets capital injection led by SoftBank Brazil's digital used car portal Volanty has received an infusion of 70 million reais ($17.6 million) from venture capital funds led by Japan's SoftBank and Kaszek of Argentina....
15:00, 08/07/2019

UPDATE 2-SoftBank mulls IPO of $100 bln Vision Fund -source Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, a source familiar with the matter said on Friday....
08:12, 05/03/2019

Grab says to invest $2 billion in Indonesia using funds from SoftBank Southeast Asian ride-hailing firm Grab on Monday said it will invest $2 billion into Indonesia over five years using capital received from Japanese technology investor SoftBank Group Corp ....
23:00, 07/28/2019

Five automakers back Toyota's and Softbank's self-driving business Tech companies and automakers have been setting differences aside and merging forces in hopes of getting themselves a piece of the self-driving pie as early as possible. Late last year, Toyota and Sof...
09:12, 06/28/2019

Japan's SoftBank invests $1 billion in delivery app Rappi Japan's SoftBank will invest $1 billion in Colombian delivery app Rappi, marking the first move by its newly created Innovation Fund for Latin America, according to a statement on Tuesday, confirming ...
15:48, 04/30/2019

Wirecard signs cooperation agreement with Softbank's Brightstar Wirecard has signed a memorandum of understanding with Softbank's Brightstar and anticipates "significant transaction volume" out of the deal, the German fintech announced on Monday....
00:00, 09/02/2019

SoftBank reportedly committing $40 billion to its second Vision Fund SoftBank Group will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported on Wednesday. SoftBank's board will meet on Thursday to approve the commitment....
07:24, 07/25/2019

SoftBank mulls IPO of $100 billion Vision Fund: source Japan's SoftBank Group Corp is considering an initial public offering of its $100 billion Vision Fund, a source familiar with the matter said on Friday....
15:24, 05/03/2019

iPhone 11 May Go on Sale on September 20, SoftBank President Tips iPhone 11 release date has seemingly leaked. Apple analyst Ming-Chi Kuo has said that he believes that the tariffs won't impact the prices of Apple products in China....
06:36, 08/06/2019

SoftBank to pump second Vision Fund with proceeds from the first: source SoftBank Group Corp plans to use proceeds from its first Vision Fund to bankroll the $38 billion it has committed to the second, a source said, in a show of unflinching confidence in its huge tech bet...
15:48, 07/30/2019

WeWork Delays I.P.O. After Chilly Reception From Investors The company’s parent has been trying to rescue the public offering amid concerns about the high valuation for a business that is deeply unprofitable....
16:00, 09/17/2019

After Breakneck Expansion, WeWork Stumbles as It Nears I.P.O. In a sign that investors are growing wary of fast-growing, money-losing start-ups, shares may be offered at a big discount to their January valuation....
18:48, 09/05/2019

Inside WeWork, one couple wields control In the early days of WeWork, the two people most associated with the company were cofounders Adam Neumann and Miguel McKelvey. As they grew the brand, the pair was interviewed and photographed, togeth...
20:24, 08/15/2019

WeWork to Buy CEO's Properties That Spurred Conflict Concerns Chief Executive Adam Neumann plans to sell the properties he owns and leases to the office-space company, a move to eliminate a potential conflict of interest ahead of an expected initial public offer...
18:48, 05/15/2019

WeWork lifts veil on finances with IPO filing WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the first time....
04:48, 08/14/2019

RPT-WeWork obtains commitments for US$6bn IPO-linked debt NEW YORK, Aug 5 (LPC) - Workspace provider WeWork has obtained commitments from at least 10 banks for US$6bn in credit facilities that remain contingent on the company's ability to push through with i...
08:12, 08/06/2019

Former WeWork Executives Allege Gender, Age Discrimination WeWork is being sued by two former executives who are accusing the shared-office company of gender and age discrimination as it gears up for an initial public offering....
20:24, 06/20/2019

Why WeWork Is Struggling to Sell Its Story to Investors WeWork’s parent, We Co., has raised billions of dollars from private investors, including SoftBank Group Corp. at a $47 billion valuation. The shared-office company is having a harder time convincing ...
07:36, 09/11/2019

DealBook Briefing: Why WeWork’s I.P.O. Struggles Could Hurt The co-working company had been counting on public-market investors to finance its global expansion. Any shrinking or delay of its public offering would be a body blow....
06:01, 09/06/2019

WeWork IPO spells rough landing for CEO Neumann Adam Neumann showed he can capitalize on troubled times a decade ago, tapping into demand for workspace by those forced out of jobs in the aftermath of the financial crisis to grow WeWork into a globa...
07:00, 09/15/2019

WeWork and the new brand of office-space providers WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses as it prepares for an initial public offering...
17:36, 08/14/2019

Exclusive: WeWork considers dramatic valuation cut in IPO WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January...
11:01, 09/13/2019

WeWork looking to go public as early as September: source Shared office space manager WeWork is looking to go public as soon as September, earlier than previously expected, a person familiar with the matter told Reuters on Tuesday....
17:12, 07/23/2019

WeWork to List on Nasdaq, Make Governance Changes WeWork’s parent company has chosen to list its shares on Nasdaq and plans sweeping changes in its governance as the shared workspace provider speeds up preparations for its hotly anticipated initial p...
23:36, 09/12/2019

WeWork Files for Initial Public Offering Shared office space giant WeWork said it has filed for an initial public offering, making it the latest highly valued startup to shoot for the public markets this year....
13:24, 04/29/2019

REFILE-WeWork confidentially submits paperwork for IPO WeWork owner The We Company confidentially submitted a draft registration statement for its initial public offering with the U.S. Securities and Exchange Commission, the company said on Monday....
13:24, 04/29/2019

The Question of Whether or Not WeWork Is a Tech Company Has Been Answered Is WeWork, the sprawling chain of coworking spaces expanding across the country and abroad, a tech company? WeWork is sure scrambling to find reasons to claim so, because “tech” is apparently some kin...
19:48, 08/21/2019

WeWork lost $1.9 billion last year, but it's considering going public The We Company, parent company of WeWork, is the latest in a string of richly valued start-ups set to go public this year. But though it is valued at $47 billion, it's far from turning a profit. ...
10:36, 05/18/2019

Regus-owner IWG targets WeWork with £3bn US float The tycoon who founded International Workplace Group (IWG), the world's largest shared office provider, is hatching a secret plot to spin off its US business into a separately listed company in New Yo...
18:12, 08/24/2019

WeWork to launch IPO roadshow as soon as Tuesday: source The owner of office-sharing company WeWork plans to launch a roadshow in New York for an initial public offering as soon as Tuesday, The Post has learned. Despite persistent skepticism about the compa...
17:12, 09/16/2019

WeWork looking to go public as early as September - source Shared office space manager WeWork is looking to go public as soon as September, earlier than previously expected, a person familiar with the matter told Reuters on Tuesday....
17:48, 07/23/2019

WeWork delays IPO after frosty investor response WeWork owner The We Company has postponed its initial public offering (IPO), walking away from preparations to launch it this month after a lackluster response from investors to its plans....
12:24, 09/17/2019

UA alum overcomes parent’s tragic death & wins PGA event DETROIT – (AP) Former U of A golf standout Nate Lashley completed an unlikely wire-to-wire victory in the Rocket Mortgage Classic on Sunday for his first PGA Tour title. Here’s more from S...
06:12, 07/01/2019

Sales Cool for Parent Company of Tim Hortons and Burger King Restaurant Brands International reported profit and same-store sales growth that were lower than expected in the first quarter, pushing down shares in the owner of Burger King and Tim Hortons....
11:36, 04/29/2019

Stock of Olive Garden's parent tumbles 3% after revenue miss Shares of Darden Restaurants fell as much as 5% Thursday morning after the parent company of Olive Garden reported slower-than-expected sales growth....
12:24, 09/19/2019

LaCroix parent company's stock falls to multiyear low following lawsuit Shares of National Beverage hit their lowest point since 2016 after a former employee filed a lawsuit alleging he was fired after objecting to a plan to falsely claims that LaCroix cans were free of a...
14:48, 06/11/2019

Victoria's Secret Parent's Longtime Marketing Chief to Resign L Brands said Edward Razek, its longtime chief marketing officer, will step down from his role, as the parent company of Victoria’s Secret faces backlash from consumers about the unit’s marketing stra...
20:36, 08/05/2019

Months before shooting, parent warned Colorado school could be next 'Columbine' Five months before Tuesday's deadly shooting at a Colorado school, a district official urged the school's director to investigate allegations of student bullying and violence by a parent who feared th...
07:00, 05/10/2019

Boeing wins first new order for 737 Max since grounding from British Airways parent The order for 200 737 Max jets from British Airways-parent IAG was a vote of confidence to Boeing's beleaguered aircraft following two fatal crashes....
09:48, 06/18/2019

Wells Fargo parent is dismissed from lawsuit by Philadelphia, Baltimore Wells Fargo & Co was dismissed as a defendant in a lawsuit brought by the cities of Philadelphia and Baltimore, which accused large banks of conspiring to inflate interest rates for variable-rate......
13:24, 06/18/2019

TikTok’s parent company ByteDance reportedly wants to launch its own phone ByteDance is likely on your phone through its colony of popular apps like TikTok or Helo. Now it wants to make a phone of its own. Yes, you read that right. According to a new report by The Financial ...
08:24, 05/27/2019

Gucci parent Kering moves to tighten grip on e-commerce Kering, owner of brands including Gucci, will tighten its grip on its e-commerce operations, focusing on its own branded sites to sell its luxury products or ventures where it can control its image an...
03:12, 06/07/2019

Gannett may be angling to buy Daily News parent Tribune Publishing USA Today publisher Gannett was entertaining an acquisition of a major newspaper company — widely believed to be Tribune Publishing — as recently as June 10 even as it held parallel talks to sell itse...
20:48, 08/29/2019

Alain Prost becomes director of Renault F1 team's parent company Four-time world champion Alain Prost has taken a more formal role with the Renault Formula 1 operation by becoming a non-executive director of the UK company behind the race team...
18:36, 07/29/2019

Alphabet: Google parent's profits hit $9bn amid increased scrutiny Company’s earnings rebound even as justice department announces antitrust review of major tech firmsGoogle’s parent company Alphabet rebounded from a difficult start to the year on Thursday, when it r...
14:00, 07/25/2019

Weborama Parent Challenges Amazon for Sizmek Ad-Server Business Ycor, a French startup behind data marketing service Weborama, said Friday that making a bid higher than the Amazon offer “is the best decision from an industry perspective.”...
10:00, 06/10/2019

National Enquirer's parent company says it's likely to sell the tabloid 'in the near future' Earlier, The Washington Post reported that efforts to sell came after the hedge fund manager who controls American Media Inc. through his fund "became 'disgusted' with the Enquirer's re...
10:24, 04/28/2019

Son of former Jets player Barry Bennett arrested for parent’s murder The son of former Jets defensive lineman Barry Bennett was arrested in Mexico on Saturday on charges he murdered his parents earlier this week at their Minnesota home, authorities said. Dylan Bennett,...
05:12, 08/25/2019

Kids busted for taking parent’s SUV on 600-mile drive in Australia CANBERRA, Australia — Four children aged 10 to 14 packed fishing rods in a parent’s SUV, left a farewell note then drove more than 600 miles down the Australian east coast before they were stopped by ...
23:00, 07/14/2019

SoftBank says Vision Fund 2 could start investing soon, bags big gains on first SoftBank Group Corp's second Vision Fund could start investing as soon as next month, founder and Chief Executive Masayoshi Son said, as the technology conglomerate reported a leap in profits at its ...
07:48, 08/07/2019

SoftBank Faces Challenges Raising Latest $100 Billion Fund SoftBank’s bid to raise a second mega fund has met with a chilly reception from some of the world’s biggest money managers, signaling that a crucial initiative for the firm faces significant hurdles....
11:12, 06/02/2019

SoftBank's service to help power self-driving buses, farm machinery Japan's SoftBank Corp said on Monday it will launch a service this year that would use satellite navigation data and the telco's mobile base stations to help power self-driving buses, drones and farm ...
03:48, 06/03/2019

SoftBank's Vision Fund 2 Plans to Begin Investing as Soon as Next Month The sequel to the world’s biggest technology investment fund could start investing billions of dollars as early as next month in a venture-capital market already awash with money....
11:24, 08/07/2019

Saudi, Abu Dhabi showing 'high interest' in investing in VF2: SoftBank's Son SoftBank Group Corp founder and CEO Masayoshi Son said on Wednesday Saudi Arabia and Abu Dhabi are showing "high interest" in investing in the second Vision Fund....
04:12, 08/07/2019

SoftBank's Vision Fund to borrow $4 billion against stakes in Uber and two others: FT SoftBank's Vision Fund is looking to borrow $4 billion against its stakes in Uber Technologies Inc, soon-to-go-public Slack Technologies Inc, and blood-testing company Guardant Health Inc, the Financi...
21:48, 05/29/2019

VCs like SoftBank see big opportunity in solutions to world problems: Energy Vault CEO Robert Piconi, co-founder and CEO of Energy Vault, discusses the $110 million investment the Swiss start-up received from Japanese conglomerate SoftBank....
03:12, 08/15/2019

SoftBank plans to lend up to $20 billion to employees to invest in new fund: WSJ Japan's SoftBank Group Corp is planning to lend up to $20 billion to its employees, including Chief Executive Masayoshi Son, to buy stakes in its second Vision Fund, the Wall Street Journal reported ...
09:12, 08/17/2019

Cyber defense firm Cybereason raises $200 mln from Japan's Softbank U.S.-Israeli cyber security provider Cybereason said on Tuesday it raised $200 million from Japan's Softbank and its affiliates, bringing the company closer to an initial public offering....
23:48, 08/05/2019

UPDATE 1-SoftBank Group announces new $108 bln Vision Fund aimed at AI SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in AI technology, saying it has secured memoranda of understandings (MOUs) for about $108 billion from companies includi...
18:12, 07/25/2019

SoftBank Invests $1 Billion in Colombian Delivery Startup Rappi SoftBank Group Corp. has made a $1 billion investment in Rappi Inc., a South American on-demand delivery company, in another example of the firm’s reach in making large investments in technology compa...
05:00, 05/01/2019

This map shows how SoftBank dominates the global ride-sharing industry Softbank is Uber's biggest shareholder, and has spent over $20 billion to collected stakes in the biggest ridesharing players around the world from India's Ola to Singapore's Grab to Ch...
09:12, 05/09/2019

Exclusive: U.S. panel clears SoftBank's $2.25 billion investment in GM's Cruise Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan's S...
21:15, 07/05/2019

SoftBank to Lend Founder and Employees Billions to Invest in Fund Softbank is leaning on its employees, including its chief executive, for cash as the firm rushes to raise an ambitious technology fund amid volatile markets....
08:48, 08/17/2019

SoftBank reportedly accelerates Japan’s 5G network plans by 2 years Japan's top carriers appear to be moving up their 5G rollout timetables, with an eye to more quickly increasing coverage throughout the island nation.Read More...
08:24, 09/17/2019

Exclusive: U.S. clears SoftBank's $2.25 billion investment in GM-backed Cruise Cruise, a U.S. self-driving vehicle company majority-owned by General Motors Co, told Reuters on Friday that a U.S. national security panel approved a $2.25 billion investment in the firm by Japan's S...
05:00, 07/06/2019

SoftBank uses 'capital as a weapon' and competitors don't know how to react, says Bill Gurley Price competition fueled by SoftBank's investments makes for "one of the toughest things a board has ever had to analyze," Benchmark's Bill Gurley said....
16:12, 09/10/2019

SoftBank's Son says Japan lacks investment opportunities, is AI 'developing country' SoftBank Group Corp founder and Chief Executive Masayoshi Son said on Thursday that there is a dearth of investment opportunities in Japan, which he said is lagging in the race to develop artificial ...
06:24, 07/18/2019

SoftBank Group announces new $108 billion Vision Fund aimed at AI SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in AI technology, saying it has secured memoranda of understandings (MOUs) for about $108 billion from companies includ...
18:12, 07/25/2019

Five Japanese automakers invest in SoftBank-Toyota self-drive venture Five Japanese automakers including Suzuki Motor and Mazda Motor on Friday said they would each invest 2% in the on-demand, self-driving car service venture set up by SoftBank and Toyota Motor....
22:12, 06/27/2019

SoftBank's Vision Fund Poised to Reap Big Uber Gain SoftBank’s Vision Fund, the world’s largest technology investor, is set to be a big winner on Uber’s blockbuster IPO this week, with a paper profit of roughly $3 billion in about 16 months....
02:48, 05/08/2019

SoftBank Group CEO says to invest $2 billion in ride-hailing app Grab Japan's SoftBank Group Corp will invest $2 billion in ride-hailing app Grab, its chief executive, Masayoshi Son, told reporters in Jakarta on Monday....
21:48, 07/28/2019

How SoftBank and its $100 billion Vision Fund has become a global start-up machine SoftBank has invested almost $40 billion into 14 innovative start-ups ranked on CNBC's 2019 Disruptor 50 list. The fund has made large VC investments in each of these companies for sizable equity...
12:00, 05/17/2019

SoftBank-backed Tokopedia bets on logistics, AI for Indonesia growth Indonesian e-commerce unicorn Tokopedia is investing in two logistics companies and using artificial intelligence to predict buying behavior as part of an effort to speed delivery and slash shipping c...
09:48, 07/26/2019

Five Japanese automakers sign on to SoftBank-Toyota self-drive venture Five Japanese automakers including Suzuki Motor Corp and Mazda Motor Corp on Friday said they would each invest 2% in the on-demand, self-driving car service venture set up by SoftBank Corp and Toyota...
20:36, 06/27/2019

SoftBank unveils $108 billion fund to invest in artificial intelligence SoftBank has secured pledges from Microsoft, Apple and other investors of around $108 billion for a second Vision Fund aimed at investing in artificial intelligence. The Japanese conglomerate itself p...
08:48, 07/26/2019

As WeWork's Losses Mount, It Aims to Distance Itself From Uber As WeWork heads toward an initial public offering, its ebullient chief executive believes it shouldn’t be lumped in the same category as massively money-losing companies like Uber and Lyft....
18:48, 05/15/2019

WeWork's Mounting Lease Debt Looms Over IPO Plans As WeWork prepares for an initial public offering, it has accumulated a mounting pile of debt and financial obligations that could concern potential investors....
08:36, 06/18/2019

Founder's grip on WeWork may be hard for investors to stomach Investors in the upcoming initial public offering of WeWork's parent, The We Company, are being asked to lower their standards for corporate governance beyond what other technology startups have deman...
19:12, 08/14/2019

UPDATE 2-WeWork shows widening losses in IPO filing WeWork owner The We Company on Wednesday filed with regulators for an initial public offering and published detailed financial statements for the first time that showed it lost almost $700 million in ...
06:24, 08/14/2019

WeWork IPO filing follows uneven road for other companies going public Large companies like Uber and Lyft have dampened much of the excitement around this year's IPOs. But analysts caution it may be too soon to make a call on WeWork....
18:48, 08/14/2019

WeWork IPO filing follows uneven road for other firms going public Large companies like Uber and Lyft have dampened much of the excitement around this year's IPOs. But analysts caution it may be too soon to make a call on WeWork....
18:48, 08/14/2019

WeWork’s Efforts to Salvage I.P.O. Renew Fears About ‘Unicorn’ Era The company’s stumbles are the latest example of how fast-growing and unprofitable businesses are struggling to convince investors that they are good bets....
10:12, 09/14/2019

WeWork to test IPO investor appetite with widening losses WeWork owner The We Company published detailed financial statements for the first time on Wednesday, revealing breakneck revenue growth and soaring losses, as it prepares for an initial public offerin...
17:36, 08/14/2019

WeWork adds woman to its board ahead of IPO after backlash WeWork owner, The We Company, said on Wednesday it will add a woman to its board of directors and unwound a $5.9 million payment to its chief executive for use of the trademarked word "We" ahead of a ...
05:24, 09/04/2019

NEWSMAKER-WeWork IPO spells rough landing for CEO Neumann Adam Neumann showed he can capitalize on troubled times a decade ago, tapping into demand for workspace by those forced out of jobs in the aftermath of the financial crisis to grow WeWork into a globa...
14:36, 09/15/2019

WeWork Said to Consider Offer for 70 Percent Indian Affiliate Stake WeWork is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursday....
02:36, 06/14/2019

'This Is Not the Way Everybody Behaves.' How Adam Neumann's Over-the-Top Style Built WeWork. His entrepreneurial vision and risk-taking, plus tequila and marijuana, helped fuel We Co.’s breakneck growth. Those qualities are piling up as potential liabilities as the company prepares to go publ...
10:24, 09/18/2019

WeWork Bond Prices Surge on Buyback Hopes WeWork’s debt is surging following the company’s S-1 filing for a proposed IPO, as investors bet the company could retire bonds before they mature in 2025....
14:48, 08/15/2019

Airbnb announces it will go public next year after WeWork delays IPO Rental service, which has about 150 million users in more than 65,000 cities, was last valued at $31bn in September 2017Airbnb, the home-sharing rental business, is to go public “during 2020”, the com...
13:12, 09/19/2019

UPDATE 5-WeWork delays IPO after frosty investor response WeWork owner The We Company has postponed its initial public offering (IPO), walking away from preparations to launch it this month after a lacklustre response from investors to its plans....
05:36, 09/17/2019

WeWork delays $20bn IPO after struggling to interest investors Office-sharing company’s value has been slashed since January but it says flotation will still take place this year WeWork, the US office-sharing company, has postponed its stock market flotation afte...
04:00, 09/17/2019

WeWork Pushes Back I.P.O. After Chilly Reception From Investors The company’s parent has been trying to rescue the public offering amid concerns about the high valuation for a business that is deeply unprofitable....
03:12, 09/17/2019

WeWork looking to raise up to $4 billion in debt ahead of IPO: source Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a person familiar with the matter said on Sunday, a move aimed to fuel investor confi...
13:36, 07/07/2019

UPDATE 2-WeWork looking to raise up to $4 bln in debt ahead of IPO -source Shared office space manager WeWork Cos is looking to raise $3 billion to $4 billion in debt before it goes public, a person familiar with the matter said on Sunday, a move aimed to fuel investor confi...
15:24, 07/07/2019

WeWork warns it may have violated the Securities Act when its CEO gave interviews in May CEO Adam Neumann gave interviews to Business Insider and Axios in May, just months before WeWork's S-1 became public, which may violate the SEC's quiet period rules....
15:12, 08/14/2019

Exclusive: WeWork considers IPO valuation of as low as $10 billion - sources WeWork owner The We Company may seek a valuation in its upcoming initial public offering of between $10 billion and $12 billion, a dramatic discount to the $47 billion valuation it achieved in January...
11:01, 09/13/2019

So How Much Is WeWork Spending on Kombucha Taps as it Hemorrhages Billions? WeWork, the coworking space startup, just filed paperwork detailing its financials with the Securities and Exchange Commission for an initial public offering and boy, oh boy, does it throw away a lot ...
10:00, 08/14/2019

UPDATE 1-WeWork looking to go public as early as September - source Shared office space manager WeWork is looking to go public as soon as September, earlier than previously expected, a person familiar with the matter told Reuters on Tuesday....
21:36, 07/23/2019

WeWork looking for $2.75 billion credit line ahead of IPO: Bloomberg Workspace operator WeWork Cos is in talks with banks to raise $2.75 billion in debt ahead of its initial public offering, Bloomberg reported on Wednesday, citing people familiar with the matter....
12:24, 05/29/2019

WeWork Aims to Go Public in September, Sooner Than Expected Office-space company WeWork is aiming to go public in September, earlier than many investors had expected, after boosting a loan facility the office-space manager hopes will pave the way for the listi...
03:24, 07/24/2019

WeWork leases space for its headquarters on Sixth Avenue WeWork has leased another space — but this time it is for its own HQ. The co-working behemoth is moving to 212,387 square feet at 630 Sixth Ave. along Ladies’ Mile between West 18th and 19th streets. ...
20:12, 05/28/2019

Blodget: WeWork's change of valuation is a rejection from the market Business Insider's Henry Blodget and Former Twitter COO Ali Rowghani join "Squawk Alley" to discuss WeWork's IPO and the company's bid to lower its valuation ahead of going public....
14:24, 09/05/2019

WeWork adds woman to its board in face of backlash WeWork owner The We Company said on Wednesday it will add a woman, Frances Frei, to its board of directors and unwound a $5.9 million payment to its chief executive for use of the trademarked word “We...
23:24, 09/04/2019

WeWork considering curbing Neumann's voting power to save IPO - FT WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his wife from a role in succession planning, the Financial...
15:48, 09/12/2019

WeWork, the $47 billion co-working company, is gearing up for a huge IPO. Here's everything we know about what's going on. Jackal Pan/Reuters The We Company, better known as WeWork, is preparing for an initial public offering. Backed by SoftBank, the managed office company was last valued at $47 billion. Like other unico...
01:36, 08/28/2019

WeWork to reportedly go ahead with IPO despite investor's call to delay SoftBank, its largest private investor, has reportedly urged WeWork to shelve $20bn share sale amid mounting concernsWill free beer and a “we” spirit be enough? WeWork, the office space pioneer, is re...
13:00, 09/10/2019

DealBook Briefing: Pressure Builds on WeWork to Delay Its I.P.O. As the co-working giant struggles with a cool reception to the forthcoming stock sale, one of its biggest investors, SoftBank, reportedly wants the deal postponed....
13:48, 09/10/2019

WeWork considering curbing Neumann's voting power to save IPO: FT WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his wife from a role in succession planning, the Financial...
16:36, 09/12/2019

WeWork IPO Filing Details Huge Revenue and Losses WeWork’s parent company unveiled the papers for its initial public offering, taking the next step toward the office-space firm’s debut as soon as September....
06:24, 08/14/2019

WeWork CEO Neumann's performance to determine company's IPO: Axios Axios Business Editor Dan Primack and CNBC's Leslie Picker join "The Exchange" to discuss WeWork's IPO roadshow and the controversy surrounding the company....
14:24, 09/07/2019

It's difficult to imagine WeWork achieving profitability: Analyst Sam McBride of New Constructs says he doesn't think WeWork "really ever will" turn a profit. He points out that the company is experiencing heavy losses in a time of strong economic growth, which...
00:48, 08/27/2019

UPDATE 1-WeWork submits paperwork for highly-anticipated IPO WeWork owner The We Company said on Monday it had filed for an initial public offering with U.S. regulators, laying the groundwork for the shared office space manager to go public....
13:24, 04/29/2019

UPDATE 2-WeWork owner The We Company joins IPO stampede WeWork owner The We Company said on Monday it had filed for an initial public offering (IPO) with U.S. regulators, the latest in a swarm of U.S. startups planning a stock market debut this year....
14:24, 04/29/2019

Burger King Parent Defends Strategy as Sales Growth Cools Restaurant Brands International, the parent of Burger King, is under pressure from investors to show it has a plan to boost sales at its restaurant chains....
05:24, 05/15/2019

Delta buys stake in Korean Air parent, may help avert activist threat Delta Air Lines bought a 4.3% stake in Korean Air Lines Co's parent company and said it wants to raise it to 10%, giving a boost to the management of South Korea's top carrier that seeks to thwart a l...
21:12, 06/20/2019

Fiat Chrysler's U.S. Business Would Change Corporate Parent---Again---in a Merger With Renault Fiat Chrysler Automobiles’ proposed merger with Renault of France would bring Chrysler electric-car technology and a partner with global heft—as well as more exposure to Europe’s long-troubled car mar...
02:48, 06/03/2019

Alabama: Where You Can Be Forced to Give Birth After Being Raped and Maybe Have to Parent the Child With Your Rapist What is up with these Southern states when it comes to women’s rights? (And as a proud New Yorker with deep roots in the Tar Heel State, aka North Cackalacky, aka North Carolina, where it’s perfectly ...
21:36, 06/12/2019

Caught between young kids and a parent with Alzheimer’s, I found a lifeline on the playground There is a sad but heartening kinship in a friend whose attention was also perpetually torn by the increasing demands of her distant, beloved and failing mother....
07:24, 08/09/2019

Colorado school shooting suspects reportedly took guns from parent’s cabinet The Colorado charter school shooting suspects got the weapons allegedly used in the deadly attack by smashing into a locked gun cabinet at a parent’s house, according to a report. Devon Erickson...
06:12, 05/10/2019

CEO of Wrangler, Lee parent isn't afraid of a recession or tariffs on China-made goods Kontoor Brands put up stronger-than-expected earnings and revenue in its first earnings report as an independent company. Earlier this year, it was spun off from VF Corp....
12:12, 08/08/2019

Krispy Kreme's Parent Company Was Owned by Nazis and We Can't Have Nice Things It is with a heavy heart I’m passing on the worst news I’ve heard all day: Krispy Kreme’s parent company was once run by full-fledged Nazis. Who knew!...
20:48, 06/15/2019

Parent of Schick razors to buy shaving start-up Harry’s for $1.37 billion Edgewell Personal Care, the conglomerate that owns Schick razor and other brands, announced it's buying the shaving start-up Harry’s for $1.37B.        ...
11:48, 05/09/2019

Solid, low-mass planets have best chance to survive parent star's death When stars about the sun's size swell into red giants and finally dwindle into white dwarfs, their planets may be kicked out of the system or consumed....
07:48, 05/20/2019

Parent warned of 'repeat of Columbine' months before Colorado school shooting Months before two students at STEM School Highlands Ranch in Colorado killed one student and wounded eight others, a parent had told the school she was worried the school's climate would result in ano...
19:36, 05/10/2019

Burger King parent company RBI unveils global growth strategy The parent company of Burger King, Popeyes Louisiana Kitchen and Tim Hortons said Wednesday it will increase its global locations by 55 percent in an effort to become one of the world's largest restau...
07:48, 05/15/2019

Snot on a parent's shoulders should be worn as a badge of honour | Séamas O’Reilly This is my life now, says Séamas O’Reilly, territorially marked by a baby who produces snot as if he’s stockpiling for BrexitOn those rare occasions when I do leave the house for social interactions, ...
23:12, 08/18/2019

TikTok’s parent company appears to have acquired AI music startup Jukedeck TikTok’s parent company, ByteDance, appears to have acquired a startup that makes AI-generated music called Jukebox, an AI suite that generates custom music. Users can then edit the track to adjust le...
22:36, 07/23/2019

TikTok Parent ByteDance Said to Acqui-Hire AI Music Startup Jukedeck At least five employees of Jukedeck, including founder Ed Newton-Rex, have updated their LinkedIn profiles to say they started work at ByteDance's AI lab as early as April....
06:36, 07/24/2019

Japanese parent company pulls plug on Albemarle & Bond over Brexit Daikokuya Holdings seeks buyer after branches of UK pawnbrokers were shuttered last week The Japanese company behind the pawnbroker Albemarle & Bond pulled the plug on the business amid concern that i...
12:12, 09/18/2019

Angry Success Academy parent petitions de Blasio for classroom space A frustrated Success Academy parent delivered a petition with 11,000 signatures to City Hall Thursday, demanding classroom space in southeastern Queens. The charter school network contends that Mayor ...
18:36, 09/12/2019

UPDATE 1-Wells Fargo parent is dismissed from lawsuit by Philadelphia, Baltimore Wells Fargo & Co was dismissed as a defendant in a lawsuit brought by the cities of Philadelphia and Baltimore, which accused large banks of conspiring to inflate interest rates for variable-rate dema...
13:36, 06/18/2019

Google parent Alphabet’s stock tumbles on slow advertising growth The firm said growth in advertising sales slowed to 15 percent from a year earlier, compared with 20 percent in the prior quarter and 24 percent a year ago....
16:48, 04/29/2019

Bringing up baby: New Zealand speaker makes parliament more parent-friendly As New Zealand lawmakers vigorously debated fuel prices in parliament this week, speaker Trevor Mallard called for order while feeding baby Tūtānekai his bottle....
02:12, 08/22/2019

Google parent company Alphabet misses first-quarter revenue estimate Shares of Google parent company Alphabet dropped more than 7% in after-hours trading as advertising slowed to its lowest level in three years. The search giant posted first-quarter revenue of $36.3 bi...
03:36, 05/02/2019

Pink vs. mom-shamers: Here are the singer's most epic take-downs of the parent police From zoo trips to taco nights, Pink just can't seem to catch a break with the parent police. Here are the singer's best clapbacks to mom-shamers.        ...
12:00, 09/08/2019

Victoria's Secret drags down parent company L Brands second-quarter earnings The sexy image that once boosted Victoria's Secret has been haunting L Brands more recently, as women are steering clear of the brand's hot pink, lacy and bejeweled lingerie....
14:36, 08/21/2019

Pink vs. mom-shamers: Here are the singer's most epic takedowns of the parent police From zoo trips to taco nights, Pink just can't seem to catch a break with the parent police. Here are the singer's best clapbacks to mom-shamers.        ...
14:48, 09/09/2019

SoftBank ‎Vision Fund eyes delivery start-up Glovo The world's largest technology investment fund is targeting the purchase of a substantial stake in Glovo‎, a Spanish online delivery start-up which competes with Deliveroo and Uber Eats....
10:00, 07/08/2019

Suzuki, Mazda, Subaru Join Toyota-Softbank Self-Drive Venture Suzuki, Mazda, Subaru Corp, Isuzu Motors Ltd and Toyota's compact car unit Daihatsu will each invest 57.1 million yen ($530,620) in the venture - dubbed Monet...
22:24, 06/30/2019

SoftBank Group's $108 billion Vision Fund 2 draws in Microsoft, Apple SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about $108 billion from companies inclu...
22:00, 07/25/2019

SoftBank's profit blows past estimates on Vision Fund gains Japan's SoftBank Group Corp raked in a better-than-expected quarterly operating profit as it saw a leap in investing gains from its $100 billion Vision Fund....
04:12, 08/07/2019

Japan's SoftBank is reportedly grappling with raising money for its latest fund Japanese conglomerate SoftBank Group has reportedly hit a roadblock in its quest to raise money for its latest fund, according to the Wall Street Journal....
22:36, 06/02/2019

SoftBank Group to book 1.2 trillion yen profit on Alibaba share sale Japan's SoftBank Group Corp said on Tuesday it expects to book around 1.2 trillion yen ($11.12 billion) in pre-tax profit on the sale of shares in China's Alibaba Group Holding Ltd....
01:24, 06/04/2019

Deutsche Bank in partnership talks with SoftBank-backed OakNorth: source Deutsche Bank is in talks with SoftBank-backed British fintech firm OakNorth to use the latter's credit analysis and monitoring platform, a source with knowledge of the discussions told Reuters....
06:48, 07/09/2019

SoftBank profits rise, party on gains from Saudi-tied fund TOKYO (AP) — Japanese internet company SoftBank has reported a 36% increase in profit for the fiscal year through March from the previous fiscal year, partly on gains from its Vision Fund. After the k...
00:00, 05/09/2019

SoftBank-backed Oyo, known for budget stays, to rebrand Hooters hotel in Vegas SoftBank Group Corp-backed Indian hotel aggregator Oyo will rebrand a Hooters Casino Hotel in Las Vegas, a deal that a source with knowledge of the matter said was worth $135 million....
04:36, 08/23/2019

Nikkei climbs on upbeat U.S. data, weaker yen; SoftBank Group slips Japanese shares reached another one-month on Friday as better-than-expected U.S. economic data and hopes for progress from coming trade talks between the United States and China bolstered risk appetit...
20:00, 09/05/2019

CORRECTED (OFFICIAL)-UPDATE 2-Japan's SoftBank invests $1 bln in delivery app Rappi Japan's SoftBank will invest $1 billion in Colombian delivery app Rappi, marking the first move by its newly created Innovation Fund for Latin America, according to a statement on Tuesday, confirming ...
16:36, 04/30/2019

Oyo founder to buy back $2 billion worth stake in SoftBank-backed Indian co Indian hospitality startup Oyo Founder Ritesh Agarwal raised his stake in the company with a $2 billion buyback, in a move that will bring his ownership closer to biggest investor SoftBank Corp ....
07:24, 07/19/2019

Japan's Softbank to announce $1 bln investment in delivery app Rappi on Tuesday- report Japan's Softbank is expected to announce on Tuesday a $1 billion investment in Colombian delivery app Rappi, Brazilian financial blog Brazil Journal reported....
05:00, 04/30/2019

Japan's Softbank to announce $1 billion investment in delivery app Rappi on Tuesday Japan's Softbank is expected to announce on Tuesday a $1 billion investment in Colombian delivery app Rappi, one source with knowledge of the matter said....
06:24, 04/30/2019

SoftBank leads new financing round in Brazil's housing broker QuintoAndar Brazilian online housing broker QuintoAndar has raised $250 million in a new funding round led by Japan's SoftBank Group International, the company said on Tuesday....
01:36, 09/10/2019

Rappi to triple number of cities in Brazil where it operates after SoftBank deal Latin American unicorn Rappi expects to more than triple the number of cities where its delivery app operates in Brazil using most of a $1 billion cash injection by Japan's SoftBank, its President and...
17:24, 05/09/2019

SoftBank brand Ymobile to delay launch of Huawei P30 Lite phone Japanese telco SoftBank Corp's low-cost mobile brand Ymobile said on Wednesday it would delay the launch of Huawei P30 Lite smartphone, following the imposition of trade restrictions on the Chinese ma...
22:48, 05/21/2019

Softbank acquires 8.1% stake in Brazil's Banco Inter via share offering Japan's SoftBank Group Corp has acquired a 8.1% stake in the Brazilian online lender Banco Inter SA through a share offering that concluded last week, according to a securities filing published on Tue...
08:12, 08/06/2019

SoftBank leads funding round for Berlin travel startup GetYourGuide Berlin travel startup GetYourGuide said on Thursday it had raised nearly $500 million from investors led by SoftBank's Vision Fund to expand its online offering of tours and activities that has won a ...
07:12, 05/16/2019

Japan's SoftBank taps into Mexican fintech startup Clip: sources Japan's SoftBank Group invested about $20 million in Mexican payments startup Clip early this year, one of its first Latin America deals as it launches a $5 billion technology fund in the region, said...
10:36, 05/06/2019

Wirecard eyes share buybacks, sales leads from Softbank alliance German payments firm Wirecard is considering buying back shares following its partnership with Japan's Softbank Group which it said on Wednesday had already created leads for potential cooperation in ...
11:00, 05/08/2019

WeWork's Neumann wants to live forever, be king of the world and first trillionaire, says WSJ According to a report in the Wall Street Journal, WeWork co-founder Adam Neumann has floated the idea of becoming Israel's prime minister or leader of the world....
19:48, 09/18/2019

WeWork's List of Potential Conflicts Adds to Questions Ahead of IPO Losses at WeWork’s parent aren’t the only concern mounting about the shared-office company as it prepares to go public. Some of its practices push the boundaries of traditional corporate governance, a...
19:12, 09/06/2019

WeWork hosts analysts before IPO; debt, lease obligations in focus Wall Street banks are set to grill WeWork on its finances on Wednesday as it prepares to publicly sell stock for the first time, possibly in September, a sale that will create a benchmark for the rapi...
09:48, 07/31/2019

WeWork files for IPO amid investor skepticism over deep losses Office rental company filed for initial public offering, publishing statements showing loss of almost $700m in the first half of 2019WeWork, the office rental company, became the latest Silicon Valley...
06:48, 08/14/2019

Exclusive: WeWork to press on with IPO launch despite valuation concerns - sources WeWork owner The We Company plans to proceed with an investor roadshow for its initial public offering (IPO) as early as next week, braving concerns over the valuation it can achieve in a listing, peo...
18:48, 09/06/2019

WeWork considering curbing Neumann's voting power to save IPO: source WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-founder wife from a role in succession planning, a ...
19:48, 09/12/2019

WeWork may try to wrap its roadshow and price its IPO before the Jewish New Year on September 29 AP Photo/Mark Lennihan WeWork CEO Adam Neumann may be trying to wrap up his company's IPO "road show" and price the IPO in a matter of days. Neumann, who is Jewish, is hoping to finish up before the ...
14:36, 09/12/2019

UPDATE 1-WeWork adds woman to its board ahead of IPO after backlash WeWork owner, The We Company, said on Wednesday it will add a woman to its board of directors and unwound a $5.9 million payment to its chief executive for use of the trademarked word "We" ahead of a ...
05:24, 09/04/2019

The bigger they are, the harder they fall — WeWork and Uber’s fight against reality We now know that Uber is worth one of two amounts: precisely $68.95bn or absolutely anything. Never before has a company both been a worthless empty assetless cathedral to hope over unit economics and...
07:12, 07/01/2019

WeWork IPO Filing Shows Revenue Growth, Wide Losses WeWork’s parent company unveiled the papers for its initial public offering, depicting a firm whose revenue growth is steep but whose losses have grown at nearly the same clip....
07:12, 08/14/2019

'End of irrational exuberance': WeWork considers slashing valuation in half Company had been expected to go for IPO at $47bn Revenues quadrupled in 2018 but $2.9bn lost in three yearsWeWork, the fast-growing office rental company, is considering cutting the value of its upcom...
10:00, 09/05/2019

WeWork loan modified to reduce lender risk ahead of IPO NEW YORK, Sept 13 (LPC) - The US$6bn of senior secured credit facilities for WeWork that are contingent on the office sharing startup pushing through an increasingly difficult equity raise have been c...
18:00, 09/13/2019

WeWork starts $2.9 billion property platform with Canada's CDPQ The We Company, parent of workspace provider WeWork, said on Wednesday it has created a $2.9 billion real estate investment platform with funding from one of Canada's largest pension funds, building o...
14:00, 05/15/2019

WeWork considers $1.9 bln offer for 70% Indian affiliate stake -Bloomberg Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursd...
23:48, 06/13/2019

WeWork to Add First Woman Board Member, Undo Trademark Deal The office-space startup said it would appoint Frances Frei, a Harvard Business School professor, to the board of directors after criticism ahead of a planned IPO. WeWork also plans to unwind a transa...
16:36, 09/04/2019

WeWork's IPO filing will reportedly be revealed as soon as next week, giving us our best look yet at its business Kelly Sullivan/Getty Images Coworking space startup WeWork could unveil its IPO filing as soon as next week, according to a Bloomberg report Friday. The company confidentially filed to go public in A...
21:24, 08/09/2019

Factbox: WeWork takes its place in 2019's spoiled IPO party WeWork owner The We Company postponed its initial public offering (IPO) after a lackluster response from investors to its plans, adding to a long list of high profile names that have failed to click a...
12:24, 09/17/2019

WeWork considers slashing IPO valuation amid pushback: sources WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) at a little over $20 billion, less than half the $47 billion valuation it achieved in...
09:36, 09/05/2019

Tech investors: No broad lessons seen in WeWork valuation drama Two top technology investors cautioned against drawing broadconclusions about the valuation of private companies from questions swirling around U.S. office-sharing startup WeWork....
15:00, 09/19/2019

WeWork will host a Wall Street analyst day this month ahead of IPO The We Company, parent of shared office space manager WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company steps up its preparations for an initial public offering (IP...
14:12, 07/19/2019

UPDATE 2-WeWork adds woman to its board after backlash ahead of IPO WeWork owner, The We Company, said on Wednesday it will add a woman, Frances Frei, to its board of directors and unwound a $5.9 million payment to its chief executive for use of the trademarked word "...
06:12, 09/04/2019

WeWork to lease 21-storey prime office tower in Singapore Singaporean office landlord CapitaLand Commercial Trust (CCT) said on Wednesday it entered into an agreement under which co-working space firm WeWork will lease an entire 21-storey building in the cit...
19:12, 07/16/2019

Oklahoma high school graduates fall ill during Dominican Republic trip, parent says A graduation trip to the Dominican Republic for a group of Oklahoma teens took a turn earlier this month when part of the group became mysteriously ill during their stay in the Caribbean nation, where...
06:00, 06/18/2019

Third parent pleads guilty in college admissions scandal: This one paid $400K to get son into Georgetown Stephen Semprevivo pleaded guilty Tuesday to paying $400,000 to Rick Singer to get his son into Georgetown University, part of a nationwide scandal.        ...
19:48, 05/07/2019

Step-sisters in £300k inheritance battle ask judge to rule whose parent died first The children of an elderly couple found dead at home together are locked in an unusual £300,000 inheritance battle as they ask a judge to decide which parent died first....
04:48, 06/25/2019

Chinese parent charged in college admissions scandal arrested in Spain, to be extradited to US A woman accused of paying $400,000 to get her son into the University of California, Los Angeles, as a fake soccer recruit has become the 52nd person charged in a sweeping college admissions bribery s...
15:48, 09/19/2019

Toddler asked to pick parent in attempted family separation at US border: report A US border patrol agent attempting to separate a migrant family asked a 3-year-old Honduran girl to choose which of her parents got to stay in the country and which was sent back to Mexico, the coupl...
17:12, 07/16/2019

Stock of Tinder’s parent company soars thanks to dating site’s ‘secret sauce’ Spring is in full swing — and Wall Street is gaga over Tinder again. Shares of Match Group, the hookup app’s parent company, soared 12 percent to $67.88 on news of hotter-than-expected growth in paid ...
01:12, 05/09/2019

Gina Torres' new lawyer show to debut in July, right after parent series Suits Two seasons after airing a backdoor pilot for it on the show’s parent series, Suits—which continues to not be about the whimsical adventures of living laundry in a magical drycleaner’s, unfortunately—...
05:00, 05/02/2019

Florida principal reassigned after he told parent he 'can't say the Holocaust is a factual, historical event' The principal of a Florida high school allegedly refused to believe the Holocaust happened because "not everyone believes" the historical event — which left some six million people dead — actually hap...
15:12, 07/08/2019

The most savage celebrity parent clap backs by Chrissy Teigen, Pink, Kardashians and more Celebrity parents including Chrissy Teigen, Pink, Dax Shepard, Khloe and Kourtney Kardashian, Ayesha Curry and Gabrielle Union take aim at trolls.       ...
09:36, 04/28/2019

Gannett, GateHouse parent New Media offer more details, aim to offset merger concerns Amid concerns about the merger of GateHouse Media and Gannett, owner of USA TODAY, the companies issued new details in a filing with the SEC.       ...
18:24, 08/14/2019

Denon parent Sound United now owns Pioneer and Onkyo home audio The audio world just got noticeably smaller. Sound United, the parent company for brands like Denon, Polk Audio and Marantz, has reached a deal to buy Onkyo's home audio division, including every...
23:12, 05/14/2019

Exclusive: U.S. panel okays SoftBank's $2.25 billion investment in GM-linked self-driving firm A U.S. national security panel on Friday approved a $2.25 billion investment by Japan's Softbank in Cruise, a self-driving vehicle firm majority owned by GM, the unit told Reuters, signaling some leew...
18:12, 07/05/2019

SoftBank exec sees major Mexican consumer firms as potential partners An executive in Japan's SoftBank Group said on Tuesday that the technology conglomerate is open to partnering with major Mexican consumer companies, such as retailer Femsa and bread-maker Bimbo, along...
17:36, 05/21/2019

SoftBank Corp first-quarter profit climbs 4% as mobile user numbers grow Japanese telco SoftBank Corp said on Monday its operating profit in the quarter ended June rose 4%, in line with estimates, as the number of mobile users grew....
23:36, 08/04/2019

CORRECTED-Japan's SoftBank makes bet to challenge Brazil's concentrated banking sector Japan's SoftBank Group Corp has led a $231 million new financing round for Brazilian lending platform Creditas, valuing it at $750 million and funding a future expansion to other Latin American countr...
00:00, 07/11/2019

Japan's SoftBank set for small profit rise, Vision Fund IPO plans eyed Japan's SoftBank Group Corp is expected to report a small rise in its fourth-quarter profit, while investors look for details on whether the conglomerate plans to monetize its almost $100 billion Visi...
17:36, 05/06/2019

SoftBank executive sees major Mexican consumer firms as potential partners An executive in Japan's SoftBank Group said on Tuesday that the technology conglomerate is open to partnering with major Mexican consumer companies, such as retailer Femsa and bread-maker Bimbo, along...
18:36, 05/21/2019

Nikkei down as trade woes, strong yen hurt; SoftBank Group extends losses Japan's Nikkei fell on Tuesday morning as festering trade tensions and a stronger yen hurt sentiment while extended losses for index-heavy SoftBank Group added to the overall pressure on the market....
20:48, 06/03/2019

First stop Southeast Asia: SoftBank, Toyota's autonomous car venture heads overseas The self-driving car joint venture of SoftBank Corp and Toyota Motor plans to begin operating in Southeast Asia next year, in its first overseas foray, its chief executive said on Tuesday....
06:48, 06/11/2019

SoftBank Group announces new $108 billion Vision Fund, broadens investor base SoftBank Group Corp announced on Friday a second Vision Fund aimed at investing in technology firms, saying it has secured memoranda of understanding (MOU) for about $108 billion from companies inclu...
19:36, 07/25/2019

Nikkei hits 6-week low with eye on U.S.-China talks; SoftBank, Yahoo Japan soar Japan's Nikkei fell for a fourth day to a six-week low as investors remained cautious ahead of the next round of U.S-China trade talks, while SoftBank Corp and Yahoo Japan were under the spotlight aft...
20:48, 05/08/2019

UPDATE 3-WeWork considers slashing IPO valuation amid pushback -sources WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) at a little over $20 billion, less than half the $47 billion valuation it achieved in...
10:24, 09/05/2019

UPDATE 1-WeWork's starry valuation dazzles landlords, reaffirms doubters WeWork's $47 billion valuation as it heads toward what may be the year's largest initial public offering after ride-hailing firm Uber has made the flexible office space start-up the envy of landlords ...
12:00, 05/10/2019

Amazon exploring WeWork space deal in old Lord & Taylor building WeWork wants an early Christmas present from Jeff Bezos: A big Amazon office lease at its empty former Lord & Taylor building, once home to famous holiday windows. The shared office space startup, whi...
19:36, 07/25/2019

JPMorgan in pole position to lead WeWork IPO after debt offering -sources WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people ...
23:48, 08/02/2019

UPDATE 2-WeWork's starry valuation dazzles landlords, reaffirms doubters WeWork's $47 billion valuation as it heads toward what may be the year's largest initial public offering after ride-hailing firm Uber has made the flexible office space start-up the envy of landlords ...
15:48, 05/10/2019

Exclusive: WeWork to host Wall Street analyst day in IPO push - sources The We Company, parent of flexible workspace operator WeWork, plans to host an analyst day for Wall Street banks on July 31, as the company steps up its preparations for an initial public offering (IP...
17:48, 07/18/2019

WeWork umbrella locks office door in apparent protest move It’s been a hell of a week for workspace-sharing business WeWork. Yesterday, amidst ongoing financial worries, the Wall Street Journal ran a profile of CEO Adam Neumann that included unflattering high...
09:36, 09/19/2019

CORRECTED-WeWork's starry valuation dazzles landlords, reaffirms doubters WeWork's $47 billion valuation as it heads toward what may be the year's largest initial public offering after ride-hailing firm Uber has made the flexible office space start-up the envy of landlords ...
12:00, 05/10/2019

'A giant question mark': can WeWork's Adam Neumann reassure investors? The space-sharing firm’s value has been cut from $47bn to as low as $15bn ahead of its IPO – a major dent as its co-founder tries to sell the vision of ‘we’“We dedicate this to the power of We – great...
00:01, 09/14/2019

WeWork considers $1.9 billion offer for 70% Indian affiliate stake: Bloomberg Shared office space manager WeWork Cos is exploring a deal to take majority control of its affiliate WeWork India ahead of the New York-based company's plans to go public, Bloomberg reported on Thursd...
23:00, 06/13/2019

UPDATE 1-WeWork considering curbing Neumann's voting power to save IPO -source WeWork owner The We Company's executives, investors and advisers are discussing curbing the voting power of founder Adam Neumann and removing his co-founder wife from a role in succession planning, a ...
19:01, 09/12/2019

JPMorgan in pole position to lead WeWork IPO after debt offering: sources WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people ...
21:24, 08/02/2019

WeWork Takes Key Step Toward I.P.O., Citing Heady Growth and Huge Losses A public offering by the firm, which leases shared office space, will be a major test of investors’ appetite for fast-growing but unprofitable start-ups....
07:36, 08/14/2019

Border Patrol Agent Asks 3-Year-Old Girl to Pick a Parent in Family Separation When Border Patrol agents started taking her father away in a family separation, she began to cry, and was told "you said [you want to go] with mom."...
16:00, 07/16/2019

Google parent Alphabet's revenue misses estimates, rises at slowest pace in three years Alphabet Inc's Google failed to reap the benefits of a strong economy that bolstered rivals in the first quarter, leaving the search giant's revenue below Wall Street targets on Monday....
14:24, 04/29/2019

Daimler's stock drops as diesel scandal cuts profit for Mercedes' parent company Share's of German automaker Daimler fell almost 4% in Monday trading after the company said Sunday that profits for the second quarter would be hurt by troubles from its Mercedes-Benz brand and d...
12:12, 06/24/2019

'White Knight' Delta buys stake in Korean Air parent, dampens activist threat Delta Air Lines bought a small stake in Korean Air Lines Co's parent company and said it wants to increase it to 10%, giving a boost to the management of South Korea's top carrier that seeks to thwart...
02:48, 06/21/2019

As China's growth slows, CEO of Burger King's parent focuses on the long-term opportunities As Restaurant Brands International aims to surpass 40,000 stores in the next eight to 10 years, some of its new stores will be in China, which is seeing its economy slow down....
13:00, 05/15/2019

Boris Johnson speaks out after confrontation with furious parent over NHS waiting times: it's part of my job Boris Johnson has spoken out over his confrontation with a parent of a "gravely ill" child about NHS waiting times, saying it is "part of my job" to talk to people on the ground....
21:12, 09/18/2019

Mario Lopez on parents supporting trans kids: "I just think it’s dangerous as a parent to make this determination" Too bad, A.C. Slater fans: Recently released clips from Mario Lopez’s June interview on the conservative PragerU video series The Candace Owens Show, reveal that the former game-show host stated that ...
11:00, 07/31/2019

Taco Bell-parent Yum Brands' CEO Greg Creed to retire, to be replaced by David Gibbs Taco Bell's parent company Yum Brands on Monday said David Gibbs has been tapped as CEO, effective Jan. 1, 2020. Gibbs will be succeeding Greg Creed, who has been with Yum for 25 years....
20:00, 08/12/2019

SoftBank-backed lender OakNorth doubles staff, inks deal with NIBC Bank British financial technology firm OakNorth has signed a five-year deal to provide its credit analysis and monitoring platform to Dutch lender NIBC Bank NV [NIBC.AS], OakNorth said on Tuesday in its fi...
00:12, 07/02/2019

SoftBank Group unveils stock split, rakes in $3.8 billion gain on Uber stake Japan's SoftBank Group Corp announced a stock split while keeping the per-share dividend unchanged for the year, effectively doubling its shareholder payout, as it also reported a $3.8 billion valuati...
07:12, 05/09/2019

Brazil's Banco Inter lures Japan's Softbank Group in share offering - source Brazilian online lender Banco Inter SA raised 1.3 billion reais ($343.80 million) in a share offering that lured Japan's Softbank Group Corp as an investor, a source with knowledge of the matter said ...
20:12, 07/29/2019

WeWork IPO filing hypes transformative workplace potential to rationalize massive losses WeWork's IPO filing reveals the challenge it faces in convincing investors to look past its gaping losses and see its revolutionary workplace potential.Read More...
16:24, 08/14/2019

'Stop the WeWork deal' — Cramer says the embattled IPO could wreck the stock market rally WeWork should pull its IPO because the negative sentiment around slashing its valuation could be contagious in the overall stock market, says CNBC's Jim Cramer....
11:24, 09/13/2019

UPDATE 2-WeWork to lease 21-storey Singapore office tower after HSBC moves out * HSBC currently leases building (Updates after analyst clarifies comment in paragraph 7 that WeWork will not get naming rights but may get signage rights)...
03:00, 07/17/2019

The history of WeWork — from its first office in a SoHo building to a global company preparing for a much-hyped IPO WeWork WeWork parent company, The We Company, publicly filed its IPO paperwork in August. The We Company is now considering a valuation of around $20 billion for its IPO — roughly half of the c...
07:12, 09/07/2019

UPDATE 1-JPMorgan in pole position to lead WeWork IPO after debt offering -sources WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people ...
23:48, 08/02/2019

UPDATE 2-JPMorgan in pole position to lead WeWork IPO after debt offering -sources WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people ...
07:24, 08/03/2019

UPDATE 3-JPMorgan in pole position to lead WeWork IPO after debt offering -sources WeWork owner The We Company has tapped JPMorgan Chase & Co to head an upcoming debt offering, putting the bank in pole position to lead a planned initial public offering (IPO) later this year, people ...
11:24, 08/03/2019

WeWork mulls slashing IPO valuation as skepticism rises over business model: sources WeWork owner The We Company is considering slashing the valuation it will seek in an initial public offering (IPO) to a little over $20 billion, less than half the $47 billion valuation it achieved in...
16:24, 09/05/2019

Reports: WeWork to Delay IPO Amid Suspicion It Is Not Actually a Tech Company Worth $47 Billion Whatever the hell WeWork is—tech company or just a cult-like real estate venture that happens to offer kombucha on tap and desperately wants to be viewed as a tech company—it may not be going public ...
22:36, 09/16/2019

UPDATE 3-Google parent Alphabet's revenue misses estimates, rises at slowest pace in 3 years Alphabet Inc's Google failed to reap the benefits of a strong economy that bolstered rivals in the first quarter, leaving the search giant's revenue below Wall Street targets on Monday....
14:24, 04/29/2019

Monsanto parent company Bayer faces thousands of Roundup-cancer cases after $2 billion verdict Annually, for weeks at a time over his more than 30 years of farming, John Barton would spray a thousand gallons of Roundup every day to kill the weeds springing up among his cotton crop outside Baker...
17:12, 05/20/2019

SoftBank Corp to spend $4 billion to up Yahoo Japan stake, sees profit rising 24 percent Japanese telco SoftBank Corp said on Wednesday it would spend $4 billion to up its stake in Yahoo Japan Corp and turn the internet company into a subsidiary, a move that would help boost its profit by...
03:36, 05/08/2019

Softbank CEO Masayoshi Son is Warren Buffett of tech, says Silicon Valley hedge funder Glen Kacher Silicon Valley hedge fund founder Glen Kacher is bullish on Japan's SoftBank and it's in large part because of its founder and CEO, Masayoshi Son....
12:00, 04/29/2019

UPDATE 1-Brazil's Banco Inter lures Japan's Softbank Group in share offering -source Brazilian online lender Banco Inter SA raised 1.3 billion reais ($343.80 million) in a share offering that lured Japan's Softbank Group Corp as an investor, a source with knowledge of the matter said ...
20:12, 07/29/2019

Novartis CEO plans gene therapy price 'far lower' than $4 million to $5 million range Novartis AG's top executive said on Wednesday it expects to price its gene therapy for spinal muscular atrophy “far lower” than the $4 million to $5 million figure the Swiss drugmaker has said it coul...
20:00, 05/22/2019