WeWork

Company in the news

WeWork co-founder Neumann nears settlement with SoftBank

WeWork Co-Founder Adam Neumann is in advanced talks to settle his lawsuit against the co-working company’s biggest backer SoftBank Group Corp., according to people familiar with the matter.

Pushing boundaries - THE EDGE SINGAPORE

Interview

Pushing boundaries

Jaelle Ang, co-founder and CEO of The Great Room, is used to people telling her “it’ll never work”. That was what they said when she started the co-working space in 2016.

Company in the news

WeWork sells majority stake in China business for US$200 mil

WeWork is selling a majority stake in its China business as the co-working giant continues to pare down its expenses, the company said Wednesday.

Tech

Softbank back in black after riding the tech boom

SoftBank Group Corp. rebounded from a record loss to post a first-quarter profit as valuations for technology startups recovered from the coronavirus pandemic.

Startups, Entrepreneurs, Digital economy

Pay rise for Softbank Vision Fund CEO despite staggering losses

(May 29): SoftBank Vision Fund’s head, Rajeev Misra, saw his total pay for the past business year more than double to roughly US$15 million ($21.2 million), even as the fund’s underperformance push

Singapore co-working struggles as Hong Kong's thrives amid virus outbreak

Issues that matter

Singapore co-working struggles as Hong Kong's thrives amid virus outbreak

(Apr 17): On a recent Friday afternoon, dozens of people sat hunched over laptops at TheDesk’s six-story co-working space near Hong Kong’s Central business district, while others chatted over snack

Global Economy

Briefs

Quoteworthy: "Let us cross this important hurdle during this ‘circuit breaker’, and then we can deal with this issue in a dedicated way.

Sharing Economy

Temasek said to eye majority stake in WeWork's China business, reports say

(Jan 17): Temasek Holdings and Trustbridge Partners have held discussions to buy a majority stake in WeWork’s Chinese business, Reuters cited unidentified people as saying.

Global Economy

Facing up to new norms and staying the course

SINGAPORE (Dec 27): As this issue of The Edge Singapore goes to print, US President Donald Trump faces an impeachment trial by his political enemies.

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