Page 4 - Wework
'Judgement on WeWork was poor in many ways': Softbank CEO after Q2 loss
(Reuters) - SoftBank Group Corp <9984.T> fell into the red in the second quarter for the first time in 14 years, with its gigantic Vision Fund suffering a 970 billion yen ($8.9 billion) loss on plunging valuations of WeWork and Uber Inc .
 "'Judgement on WeWork was poor in many ways': Softbank CEO after Q2 loss")
Son's failed tech bets behind Softbank Group's $6.5 billion quarterly loss
TOKYO (Reuters) - SoftBank Group Corp <9984.T> plunged on Wednesday to a quarterly loss that was far larger than analysts' estimates, hit by the falling valuations of some of its biggest tech bets such as WeWork and Uber Technologies .
 "Son's failed tech bets behind Softbank Group's $6.5 billion quarterly loss")
Son's tech bets to cost Softbank first quarterly loss in 14 years?
TOKYO (Reuters) - SoftBank Group Corp <9984.T> and its founder Masayoshi Son face a day of reckoning on Wednesday when the investment juggernaut is likely to post weak quarterly results, hit by hefty falls in the valuation of some of its biggest tech bets.
 "Son's tech bets to cost Softbank first quarterly loss in 14 years?")
Softbank's debt fears resurface following a $9.5 billion bailout for WeWork
While the price tag for SoftBank to rescue the debt-riddled US shared-office startup isn't seen as big relative to its total investment portfolio, concern is growing about the impact on its leverage
 "Softbank's debt fears resurface following a $9.5 billion bailout for WeWork")
After WeWork debacle, IPO market slams brakes on unprofitable companies
The surprise postponement of the WeWork IPO has underscored how confidence is eroding in the market both for companies looking to raise capital and investors
 "After WeWork debacle, IPO market slams brakes on unprofitable companies")
SoftBank throws WeWork a $9.5 billion lifeline, picks up 80% stake
WeWork founder Adam Neumann will leave the company's board as part of the package, to be replaced by SoftBank executive and newly appointed Executive Chairman Marcelo Claure
 "SoftBank throws WeWork a $9.5 billion lifeline, picks up 80% stake")
SoftBank's $10-bn takeover of WeWork would lead to Chairman Neumann's exit
(Reuters) - SoftBank Group <9984.T> offered nearly $10 billion on Monday to WeWork and its shareholders under a takeover plan that would keep the U.S. office-space sharing start-up afloat and lead to the exit of its Chairman Adam Neumann, sources said.
 "SoftBank's $10-bn takeover of WeWork would lead to Chairman Neumann's exit")
SoftBank's rescue financing plan may put WeWork's valuation below $8 bn
Uncertainty around WeWork's future has whipsawed its bonds in recent weeks
SoftBank Group in talks for $5-billion rescue financing for WeWork
The funds will come directly from SoftBank, rather than its Vision Fund, according to a person familiar with the matter
Top 10 biz headlines: BPCL privatisation, IRCTC market debut, and more
From government planning to privatise BPCL to IRCTC making stock market debut, here are the top 10 business headlines on Monday
 "Top 10 biz headlines: BPCL privatisation, IRCTC market debut, and more")
WeWork IPO debacle a lesson, says Paytm founder Vijay Shekhar Sharma
In conversation with Karan Choudhury, Sharma talks about how the WeWork IPO debacle shows that money is finite and results are extremely important
 "WeWork IPO debacle a lesson, says Paytm founder Vijay Shekhar Sharma")
Lessons from the WeWork fiasco
Investors must be extra careful about buying into catchy acronyms and hype
 "Lessons from the WeWork fiasco")
WeWork India fights for funds, relevance; hopes to raise $200 million
Embassy Group may pitch in
 "WeWork India fights for funds, relevance; hopes to raise $200 million")
SoftBank's damage from Uber, WeWork likely to exceed $5 billion
Recent troubles have weighed on SoftBank's shares, pushing them down about 30% from their peak earlier this year as investors grow skittish about startup valuations
WeWork India forays into Noida market, to open 3 coworking centres soon
It has taken on lease nearly 1.4 lakh sq ft area from Berger Group, 74,000 sq ft from Logix and around 92,000 sq ft from Advant in Noida for three new facilities
 "WeWork India forays into Noida market, to open 3 coworking centres soon")
WeWork in talks with SoftBank to raise $1 billion for major restructuring
(Reuters) - WeWork is locked in negotiations this week with its largest shareholder, Softbank Group Corp <9984.T>, over a new $1 billion (812.61 million pounds) investment to enable the shared office space company to go through a major restructuring, according to sources familiar with discussions.
 "WeWork in talks with SoftBank to raise $1 billion for major restructuring")
SoftBank CEO Masayoshi Son says 'embarrassed and flustered' by track record
Japanese investor Masayoshi Son reacts after his company comes under pressure from some investors for its bets on loss-making businesses.
 "SoftBank CEO Masayoshi Son says 'embarrassed and flustered' by track record")
From Thomas Cook to Forever 21, brands fight back as global crises hit home
Can they keep the contagion at bay?
 "From Thomas Cook to Forever 21, brands fight back as global crises hit home")
Softbank bets on former Sprint boss Marcelo Claure to fix WeWork
Masayoshi Son, the head of SoftBank, has asked the former CEO of Sprint to take a more hands-on role helping oversee a cleanup of the office-rental company from his position at SoftBank
Post WeWork, IPO market slams brakes on unprofitable companies
The surprise postponement of the WeWork IPO has underscored how confidence is eroding in the market both for companies looking to raise capital and investors
