Masayoshi Son says SoftBank now has ‘$80 billion in cash on hand’ just in case

November 17, 2020 0

Masayoshi Son, the founder and CEO of the Japanese conglomerate SoftBank, has had a topsy-turvy year or two, but the story he is eager to

WeWork employees used an alarmingly insecure printer password

November 1, 2020 0

A shared user account used by WeWork employees to access printer settings and print jobs had an incredibly simple password — so simple that a

3 founders on why they pursued alternative startup ownership structures

September 24, 2020 0

There is no one-size-fits all model for building a startup. At TechCrunch Disrupt, we heard from a handful of founders about alternative approaches to creating

WeWork secures $1.1b from SoftBank after slashing cash burn

August 22, 2020 0

WeWork recorded US$882 million in revenue for the second quarter, ending the period with US$4.1 billion in cash and unfunded cash commitments. source : techinasia

Rakuten will not renew its contract with WeWork, says report

July 22, 2020 0

Japanese e-commerce giant Rakuten has decided not to renew its contract with WeWork when it expires next month, according to a report in the Japan

Adam Neumann is back in the shared economy business with an investment in GoTo Global

July 15, 2020 0

Adam Neumann, the controversial co-founder and former CEO of WeWork, has taken a 33% equity stake in GoTo Global, a shared mobility company that operates

WeWork’s chairman says it expects to have positive cash flow in 2021

July 13, 2020 0

After aggressive cost-cutting measures, including mass layoffs and selling several of its businesses, WeWork’s chairman expects the company to have positive cash flow in 2021.

Masayoshi Son resigns from board of Alibaba; defends SoftBank Group’s investment strategy

June 25, 2020 0

SoftBank Group founder Masayoshi Son said on Thursday he is leaving the board of Jack Ma’s Chinese e-commerce giant Alibaba Group today, a month after

WeWork co-founder Adam Neumann accuses SoftBank of abusing its power in new lawsuit

May 4, 2020 0

WeWork co-founder Adam Neumann accused SoftBank Group of abusing its power in a new lawsuit filed Monday that alleges breach of contract and breach of

Frank raises $5M more in its quest to get students max financial aid

April 13, 2020 0

Frank, a New York-based student-facing startup, has raised $5 million in what the company described as an “interim strategic round” that Chegg, a public edtech

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