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WeWork rival plagued by vacancies

Knotel, a fast-growing competitor to WeWork, appears to have a mounting inventory of empty spaces, raising concerns about another big player in the office-sharing sector after the near-collapse of... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkNov 8th, 2019

Silicon Valley"s emerging rival, WeWork"s decision day, and Bank of America"s power players

Roschetz.....»»

Category: topSource: businessinsiderOct 27th, 2019

WeWork"s biggest Chinese rival is reportedly planning to go public in the US this year

Jackal Pan/Reuters WeWork's biggest Chinese rival is planning to go public in the US by the end of this year, according to Reuters. Ucommune filed a confidential IPO prospe.....»»

Category: topSource: businessinsiderOct 25th, 2019

Google snubs WeWork, signs lease with coworking rival

Google has walked away from a potential Toronto lease with WeWork after months of negotiations, agreeing to take space from rival co-working firm IWG Plc instead, according to people familiar with... To view the full story, click the title link......»»

Category: blogSource: crainsnewyorkOct 19th, 2019

It’s Official, WeWork Is Out

WeWork has formally filed with the SEC its intention to no longer come public. This company has been plagued by bad press as analysts have slashed its valuation over the course of this year......»»

Category: blogSource: 247wallstSep 30th, 2019

WeWork snapping up China-based rival Naked Hub

HONG KONG/SHANGHAI (Reuters) - U.S. co-working space provider WeWork Cos said on Thursday it would buy China-based rival Naked Hub to boost its footprint in the world's second largest economy......»»

Category: topSource: reutersApr 12th, 2018

WeWork to snap up China-based rival Naked Hub: sources

HONG KONG/SHANGHAI (Reuters) - U.S. co-working firm WeWork Cos is planning to buy China-based rival Naked Hub, three sources familiar with the deal told Reuters, a move which would boost the New York firm's footprint in the world's second largest economy......»»

Category: topSource: reutersApr 12th, 2018

Workbar plans to double Boston presence by end of 2019

Despite a sense that New York-born co-working giant WeWork is now gobbling up all the headlines — and the office space — in Boston, homegrown rival Workbar Inc. says it’s set to grow locally as well. Under the leadership of new CEO Sarah Tr.....»»

Category: topSource: bizjournalsJun 16th, 2018

WeWork rival Spaces leases three floors in Seattle"s 2+U tower

The deal comes a day after WeWork announced it leased an entire Capitol Hill building that is well-suited for its new retail initiative WeMRKT......»»

Category: topSource: bizjournalsDec 20th, 2018

WeWork under investigation by New York State Attorney General, Reuters reports

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Category: blogSource: theflyonthewall3 min. ago

WeWork Faces Another Investigation Over Neumann

Co-working space startup WeWork is being investigated by the office of the New York State Attorney General, Reuters reported on Monday. 0 read more.....»»

Category: blogSource: benzinga4 hr. 32 min. ago

Sources: New York State Attorney General investigating WeWork

The New York State Attorney General (NYAG) is investigating WeWork, according to two people familiar with the matter, adding to a series of problems facing the workspace provider......»»

Category: topSource: moneycentral5 hr. 18 min. ago

Sources: New York State Attorney General investigating WeWork

The New York State Attorney General (NYAG) is investigating WeWork, according to two people familiar with the matter, adding to a series of problems facing the workspace provider......»»

Category: topSource: moneycentral5 hr. 18 min. ago

Exclusive: New York State Attorney General investigating WeWork - sources

Th.....»»

Category: topSource: reuters7 hr. 3 min. ago

The New York state attorney general is investigating WeWork amid layoffs

Reuters Reuters reported that the New York State Attorney .....»»

Category: topSource: businessinsider7 hr. 47 min. ago

MarketWatch First Take: Intel, AMD and Nvidia step up their fight for AI chips in the high-performance arena

Three rival chip giants, Advanced Micro Devices Inc., Intel Corp. and Nvidia Corp., all rolled out new products at the annual supercomputing conference, in an increasingly competitive battlefield to speed up the fastest computers on earth......»»

Category: topSource: marketwatch9 hr. 3 min. ago

WeWork"s 2025 junk bond falls to record low

Shared-office operator WeWork's 2025 junk bond fell to a record low on Monday, with its last yielding bid at 16.06%......»»

Category: topSource: reuters13 hr. 3 min. ago

Amazon offers ad-supported free music streaming service

Amazon.com Inc said on Monday it has introduced an ad-supported free version of its music streaming service Amazon Music, taking on rival Spotify Technology which has nearly 140 million users for its free version......»»

Category: topSource: reuters13 hr. 3 min. ago

SoftBank CEO Masayoshi Son told WeWork executives he wants the company to turn a profit by 2021

Koki Nagahama/Getty Images In a meeting with WeWork executives, last Thursday, SoftBank's Masayoshi Son said that he wants the company to become profitable by 2021, according to Fast Company. Son reportedly told the executives.....»»

Category: topSource: businessinsider13 hr. 33 min. ago

Ousted WeWork CEO Adam Neumann can still reportedly name directors to WeWork"s board, even though he left the company

Ousted WeWork CEO Adam Neumann can still reportedly name directors to WeWork"s board, even though he left the company.....»»

Category: topSource: businessinsider13 hr. 48 min. ago

Investors are more skeptical than ever that WeWork will be able to pay back its debt

Reuters WeWork's bonds due 2025 fell to a new low of 71 cents Monday, Bloomberg reported. The same day, WeWork Chairman Marcelo Claure said that layoffs will begin this week. Roughly 4,000 employees could be out of a job.&n.....»»

Category: topSource: businessinsider13 hr. 48 min. ago