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The Latest Breaking News from WeWork

The tech ‘nepo babies’ are coming

Dual-class shares are ensuring founder families can control companies indefinitely

Financial Times · Dec 18, 2022

Working from home: Londoners faced with soaring costs are renting out homes as work and meeting spaces

Demand for office, meeting and production space is growing — here’s how to make money renting out space in your home

Evening Standard · Dec 8, 2022

Amid Uncertainty Over FTX Collapse BlockFi Suspends Withdrawals, Juul Shelves Bankruptcy Preparations, Berkshire Hathaway Trims Holdings In Tesla Competitor: Top Stories Friday, Nov. 11

Reuters

Benzinga · Nov 11, 2022

From analysis to the latest developments in health,
read the most diverse news in one place.

Trump's Deadbeat SPAC Switches Address To A P.O. Box - From A WeWork Office Space In Miami

A SPAC set to take Donald Trump’s media company public has been linked to troubles with finances and difficulties finalizing its merger. A filing reveals the company changed its mailing address and it could provide a hint of financial troubles.

Benzinga · Sep 26, 2022

Crypto and climate change: can web3 help get us to net zero?

New tech ventures want to use blockchain to clean up a messy carbon market — but critics fear more greenwashing

Financial Times · Aug 29, 2022

$350 million for WeWork co-founder shows how broken and biased venture capital is

A reported $350 million investment into a new, yet-to-be-launched real estate venture founded by WeWork co-founder Adam Neumann reveals just how biased the venture capital industry is, experts say.

WEKU · Aug 26, 2022

Adam Neumann’s latest big idea? To become America’s biggest landlord

The WeWork co-founder is reportedly at the helm of Flow, a new company looking to reinvent apartment living – but have any lessons been learned?

The Guardian - US · Aug 20, 2022

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The Weekly Wrap for Saturday, 20 August 2022

Amazon is about to release its billion-dollar mouthful The Lord of the Rings: The Rings of Power. It turns out that the fight for the rights to J.R.R. Tolkein's magnum opus has been a twisting journey of its own fantastical proportions.

inkl Originals · Aug 20, 2022

Marc Andreessen's High-Tech Fix for the Housing Crisis Lets Him Keep Being a NIMBY

The venture capitalist's $350 million investment in WeWork founder Adam Neumann's new venture Flow is supposed to help renters build community and equity. They'd be better off if we just built housing instead.

Reason · Aug 16, 2022

Tech's cult of the founder bounces back

Adam Neumann's mega-investment comeback shows Silicon Valley still views founders as saviors.

Axios · Aug 16, 2022

WeWork founder bounces back with $1bn property project Flow

Adam Neumann has backing from venture capital and says he’s learned ‘plenty’ since his spectacular ouster

The Guardian - UK · Aug 16, 2022

WeWork founder's new venture eyes prime residential real estate

Atlanta, Nashville and Miami have already been upended by corporate landlords.

Axios · Aug 16, 2022

The Missing Cryptoqueen Details the Rise and Fall of Ruja Ignatova's OneCoin Con

Jamie Bartlett's gripping look at the schematics and psychology of a scam

Reason · Aug 7, 2022

Emmys 2022: Limited series race again offers too many choices, not enough slots

Here we are, six months into the year and the front-runners in the limited series categories remain the same shows we watched and loved from 2021 — HBO's sharp satire of entitlement, "The White Lotus" (which premiered nearly a year ago) and two series from October, Netflix's intimate drama "Maid"…

Los Angeles Times · Jun 21, 2022

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The Independent UK · Jun 15, 2022

Delta Air Lines puts time limit on guests visiting its lounge: ‘We are not a WeWork’

Delta Air Lines rolled out the new policy at the beginning of June

WEKU · Jun 1, 2022

Short-term profits and long-term consequences — did Jack Welch break capitalism?

The General Electric CEO wowed investors and mingled with celebrities. But New York Times correspondent David Gelles says Welch's aggressive tactics also caused irreparable harm to American industry.

Benzinga · May 31, 2022

'Chinese WeWork' UCommune Reports Huge Losses, Sees Dark Days Ahead

Key Takeaways: UCommune breaks new net-loss record in 2021 and has burned through 4 billion yuan in the past four years Huge losses indicate the company still has a long way to go in terms of asset-light transition By Wang Chuan

Chicago Tribune · May 31, 2022

As companies plan post-pandemic office return, co-working makes a comeback in Chicago

With Chicago office vacancy rates at an all-time high and companies tentatively beginning to herd employees back into communal settings, co-working spaces — hard hit during the pandemic — are making a comeback.

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Benzinga · May 27, 2022

WeWork Appoints Andre Fernandez As Finance Chief; Affirms Outlook

WeWork Inc (NYSE:WE) has appointed Andre J. Fernandez as Chief Financial Officer (CFO) effective June 10, 2022. This is the third time the co-working space operator has hired a finance chief since March 2020, the Wall Street Journal reported. Fernandez recently served as the CFO of Atlanta-based enterprise software company NCR Corp (NYSE:NCR). The WSJ report…

Businessweek · May 26, 2022

The Tech Rout Isn’t Just Cyclical—It’s Well-Earned, and Overdue

The market collapse isn’t just the inevitable result of macroeconomic forces like high interest rates and inflation. It’s also the best opportunity in more than a decade to reckon with the tech industry’s excess.

Benzinga · May 25, 2022

WeWork Co-founder Raises $70M For Crypto Carbon-Credit Startup

WeWork Inc (NYSE:WE) cofounder Adam Neumann raised $70 million from venture capitalists and others for his co-founded carbon-credit startup Flowcarbon, Bloomberg reports. The startup raised traditional funding from backers like Andreessen Horowitz’s crypto arm, General Catalyst, and Samsung Next. Flowcarbon also raised money by selling its token, called the Goddess Nature Token. Neumann,…

Evening Standard · May 13, 2022

WeWork loses $500 million in three months despite sales rise

Co-working pioneer has introduced a more ‘disciplined’ business model

Evening Standard · May 12, 2022

WeWork-backer SoftBank posts record $20 billion loss as tech stocks plunge

The world’s biggest technology investor has lost a record $20.5 billion (£16.8 billion) as its bets turn sour.

Tribune News Service · May 10, 2022

'Girlboss' scammer shows are everywhere. Which ones should you watch?

For the last few years, scammers and corporate con men and women (but especially women) who tricked America's elites have captured headlines. But in the last few months, the most prominent ones got the Hollywood treatment from major streaming sites: swindler-socialite Anna Sorokin in Netflix's "Inventing Anna," famous fraudster Elizabeth…

StockNews.com · Apr 27, 2022

Does WeWork Stock Deserve a Place in Your Portfolio?

The shares of workspace provider WeWork’s (WE) have been on a downtrend since they made their stock market debut last year. The company’s expansionary policies and collaborations to boost its business have so far failed to generate positive momentum in the stock. So, considering the company’s weak fundamentals, would it…

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