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Factbox: How TikTok, caught in U.S. regulatory crossfire, rose to global video stardom
Short video-sharing app TikTok has become the latest Chinese firm caught in U.S. regulatory crossfire, with Washington launching a national security review of its $1 billion acquisition of U.S. social media app Musical.ly......»»
SoftBank adds to financial burden with $10 billion WeWork deal
SoftBank Group Corp's financial strains escalated on Wednesday as it agreed to spend more than $10 billion to take over office-space sharing startup WeWork, knocking the Japanese tech conglomerate's already weakened shares......»»
SoftBank shares fall as WeWork deal adds to financial strains
Shares of SoftBank Group Corp fell 3% in morning trade on Wednesday as the tech conglomerate agreed to spend more than $10 billion to take over beleaguered office-space sharing startup WeWork, adding to its financial pressures......»»
SoftBank clinches WeWork takeover deal, bailing out co-founder
SoftBank Group Corp agreed to spend more than $10 billion to take over U.S. office-space sharing startup WeWork on Tuesday, doubling down on an ill-fated investment and paying off its co-founder Adam Neumann to relinquish control......»»
SoftBank shares fall as it doubles down on WeWork
Shares of SoftBank Group Corp fell 2% in early trade on Wednesday as the tech conglomerate moved to take over beleaguered office-space sharing startup WeWork with a funding injection of more than $10 billion......»»
SoftBank is reportedly paying WeWork founder Adam Neumann $1.7 billion to step off the board
Fortune Brainstorm SoftBank is about to take control of WeWork, as the office-sharing firm battles to stay afloa.....»»
WeWork to open new co-working sites in Singapore and Manila
Office-sharing startup WeWork will open new locations in Singapore and the Philippines this year, it said, even as it seeks a $1 billion lifeline from its biggest-backer Softbank Group Corp for a major restructuring......»»
WeWork to open two new locations in Singapore amid cost-cutting drive
Office-sharing startup WeWork on Thursday said it will open two new locations in Singapore this year, even as its seeks a $1 billion lifeline from its biggest-backer Softbank Group Corp to progress a major restructuring......»»
Google may buy Redwood City-based TikTok rival
Google is reportedly considering the acquisition of a Redwood City startup to help deal with competition from video-sharing app TikTok. The Wall Street Journal cited unnamed sources who said that the Alphabet Inc. unit has held talks with Redwood Ci.....»»
This is the pitch deck now-$31 billion Airbnb used when it was just getting started
Airbnb is one of several highly anticipated IPOs reportedly slated for 2019. Founded in 2008 as "AirBed&Breakfast," the startup has raised more than $4 billion to reach a $31 billion valuatio.....»»
SoftBank likely to funnel $1 billion more into WeWork after delayed IPO: FT
SoftBank Group Corp is planning to pump an extra $1 billion or more into WeWork by renegotiating a warrant agreement struck before falling valuations delayed the U.S. office-sharing startup's IPO, the Financial Times reported......»»
SoftBank in talks to boost $1.5 billion WeWork investment pledge: FT
SoftBank Group Corp is holding talks with WeWork to boost a $1.5 billion investment it had earlier agreed to invest in the U.S. office-sharing startup, the Financial Times reported on Wednesday......»»
The Funded: Seven Bay Area companies raise over $400M in VC deals at midweek
Seven Bay Area companies raised more than $400 million at midweek. Here are the details on that and an M&A deal involving two San Francisco companies. Funding • Turo Inc., San Francisco, $250 million: This peer-to-peer car-sharing startup, fo.....»»
This last-mile delivery startup wants to put robots in bike lanes
But will cyclists mind sharing the space?.....»»
Pinterest IPO Prices at $19: This Investor Found it For Pennies
She invested so early a guy named "Dave" was sharing an apartment with the startup As Pinterest shares start trading with a valuation reaching $12.6 billion, plenty of VCs are no doubt thinking: Why didn’t we get in that .....»»
Alibaba, Tencent, car makers set up $1.5 billion China ride-hailing venture
Alibaba, Tencent, Suning, and car makers including Chongqing Changan Automobile have set up a $1.5 billion Chinese ride-hailing venture, a move that could test the dominance of ride-sharing giant Didi Chuxing......»»
China"s Mobike to pull out of some Asian countries, evaluate other markets
Chinese dockless bike-sharing company Mobike said on Monday it will pull out of some Asian countries and re-evaluate its units in other overseas markets amid a wide-scale contraction in the market and the bankruptcy of top competitor Ofo......»»
Uber is expanding to a new mode of transportation: Bikes
It just bought bike-sharing startup Jump. It just bought bike-sharing startup Jump. .....»»
Uber has acquired electric bike-sharing startup JUMP Bikes
SAN FRANCISCO (Reuters.....»»
Superpedestrian, maker of the Copenhagen Wheel, coasts into bike-sharing with $16M
Operators of bike-share programs are duking it out in cities all over the world. Now, MIT-born Superpedestrian wants to sell them some boxing gloves. The startup on Wednesday unveiled plans to sell its sensor-embedded electric bicycles to bike-share o.....»»