November 14, 2023
” SoftBank Group Corp.’s shares tumbled after its flagship Vision Fund reported another loss with the drop in valuations at WeWork Inc. and other portfolio companies on top of foreign exchange losses. Shares fell as much as 9.3% on Friday, the… Continue Reading…
November 7, 2023
“…The bankruptcy filing is limited to WeWork’s locations in the U.S. and Canada, the company said in a press release. WeWork reported liabilities ranging from $10 billion to $50 billion, according to an initial filing… WeWork shares had fallen to… Continue Reading…
August 9, 2023
“The spectacular collapse of a company once valued by SoftBank at $40 billion has been years in the making, but is still surprising given the number of large commercial buildings around the world that don the company’s name. The combination of the… Continue Reading…
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