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Wednesday, January 20, 2021
Tags WeWork

Tag: WeWork

Everybody is racing to an IPO — even Laird Hamilton’s young “superfood” company

This one is unusual: Laird Superfood, a five-year-old, 100-person, Sisters, Ore.-based startup that was cofounded by famed surfer Laird Hamilton and which makes plant-based...

Rakuten will not renew its contract with WeWork, says report

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...

SoftBank shares shake off WeWork losses to hit one year high

SoftBank Group Corp. shares just reached a new high this year, propelled by a series of buybacks that have seen the stock recoup the...

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

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

India’s Oyo furloughs thousands of employees as revenue drops by over 50%

Oyo has placed thousands of employees on leave and furloughs for up to three months in the U.S. and several other markets as the...

WeWork sells off social network Meetup to AlleyCorp and other investors

Meetup, the social networking platform designed to connect people in person, is being spun out from shared office space provider WeWork, the company confirmed...

OneWeb confirms layoffs and potential launch schedule delays amid reported bankruptcy considerations

Satellite operator OneWeb has confirmed that its workforce has been reduced via layoffs, after TechCrunch learned that it reduced its workforce by as much...

SoftBank reportedly balks at commitment to buy $3B in shares from WeWork shareholders

The Wall Street Journal is reporting that SoftBank Group is using regulatory investigations as a way to back out of its commitment to buy...

How to buy back your startup from a tech giant like WeWork

When SEO and marketing company Conductor sold to WeWork in March 2018, it was a bit of a last-ditch effort. Leading up to the...

SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally

Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup looks to cut its...
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