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2 mins read
WeWork's India chief is inviting Jet Airways staff to apply for jobs
Jet Airways, India's oldest private airline, has been grounded. That was not good news for the comp…
1 min read
WeWork's valuation has fallen from $47 billion last year to $2.9 billion
WeWork's continued drop in value since December is due in part to the coronavirus pandemic, its con…
Bryan Pietsch
2 mins read
The history of WeWork's meteoric valuation rise - and fall
It's a striking turn of events for WeWork, which has experienced a meteoric rise since its founding…
Megan Hernbroth
2 mins read
WeWork CEO says people in Texas and Florida are returning to the office 'in droves,' while some big cities are seeing a slower comeback
Workers in big cities are still concerned with things like cleanliness on public transportation, sa…
Natasha Dailey
2 mins read
Apple's Tim Cook, WeWork's Adam Neumann, and Citadel's Ken Griffin discussed crypto and other big topics this week. Here are the 10 best quotes.
Cook revealed he personally owns crypto, Neumann touted co-working's potential in the post-pandemic…
Theron Mohamed
3 mins read
After 2 years of silence, disgraced WeWork founder Adam Neumann admits the company failed -but he still isn't apologizing to the thousands who lost their jobs in the process
Adam Neumann finally addressed WeWork's messy IPO, claims of self dealing, and more in his first in…
Ben Gilbert
2 mins read
Former WeWork CEO Adam Neumann reportedly hosted a 9 a.m. party for employees to celebrate the company going public
Neumann, who resigned as CEO in 2019, has a roughly 10% stake in the company.
Francis Agustin
2 mins read
WeWork lost $3.2 billion last year. Now it wants to go public with a SPAC advised by Shaquille O'Neal
WeWork is hoping investors will help it go public at a valuation of $9 billion including debt, acco…
Tyler Sonnemaker
2 mins read
WeWork eyeing public SPAC debut in deal that could be worth $10 billion, report says
SoftBank, the majority owner of WeWork, marked down its valuation of the company to $2.9 billion am…
Matthew Fox
1 min read
A video from a wild WeWork party shows the moment a bottle is thrown at former CEO Adam Neumann's glass office
Video shows WeWork employees throwing bottles of alcohol through the office's glass windows, part o…
Heather Schlitz,Sarah Jackson
2 mins read
JPMorgan CEO Jamie Dimon gave WeWork's Adam Neumann some business advice to warn him that he was grabbing too much power
It was up to Jamie Dimon, the head of JPMorgan, to convince the 40-year-old WeWork CEO that his lat…
Maureen Farrell and Eliot Bro…
3 mins read
WeWork founder Adam Neumann once threw a celebratory bottle of tequila through a glass panel in his office, which had a kickboxing bag and smoke eater to erase marijuana fumes, new book says
WeWork founder Adam Neumann shattered his office's glass wall during a party by throwing a bottle o…
Sarah Jackson
1 min read
WeWork posted it best sales since its botched 2019 IPO, but its offices are barely half full
As companies return to offices, WeWork is seeing its best sales since late 2019, when its IPO faile…
Tim Levin
3 mins read
WeWork gets a new $1.1 billion cheque from SoftBank while it attempts resurrection – its India franchise is now offering discounts and a global all-access pass
The troubled WeWork has secured $1.1 billion in debt financing from its prized investor – SoftBank.…
2 mins read
SoftBank's latest valuation of WeWork is lower than previously thought - at under $5 billion
The presentation includes a short timeline of WeWork's IPO fiasco, from cofounder Adam Neumann step…
Theron Mohamed
2 mins read
The founder of a startup bought by WeWork describes how he almost destroyed his 7-year-old company's culture in the span of 24 hours over one simple mistake
"Caught up in trying to get the deal done, we lost sight of how this process would make everyone fe…
Grace Kay
1 min read
After Facebook, Google is looking to invest in Meesho
According to a TechCrunch report, "Google has held discussions to invest over $50 million in Ind…
2 mins read
Mutual funds like Fidelity's famed Contrafund have slashed valuations on their WeWork stakes
The mutual fund giant once valued the company significantly higher than its peers, but has cut the …
Bradley Saacks
4 mins read
Back to the '90s with Microsoft and Intel
In this week's edition of the Insider Tech newsletter, we look at new developments at Microsoft and…
Alexei Oreskovic
3 mins read
WeWork to go public in $9 billion merger with Vivek Ranadive-led BowX
The transaction values WeWork at an initial enterprise value of approximately $9 billion, WeWork…