PYMNTS-MonitorEdge-May-2024

WeWork

WeWork is an American commercial real estate company that provides shared workspaces for technology startups, and services for other enterprises. Founded in 2010, it is headquartered in New York City.

WeWork is revolutionizing the way people and companies work. Get flexible workspaces, agile services, and leading technologies to move your business forward.

We believe in empowering our team to create their own life's work. We move fast and we challenge each other, but we look after each other and care about our culture, which makes working here extremely rewarding. There's a lot of work left for us to do, and we couldn't do it without a single member of our team.

Source: wework.com

SEC Probes WeWork For Potential IPO Violations
SEC Probes WeWork For Potential IPO Violations
November 15, 2019  |  Investments

The U.S. Securities and Exchange Commission (SEC) is reportedly looking into WeWork to determine whether the embattled company violated financial rules while it was gearing...

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WeWork Co-founder Neumann Considered Bidding On Bankrupt Barneys
WeWork Co-founder Neumann Considered Bidding On Bankrupt Barneys
November 11, 2019  |  Partnerships / Acquisitions

Former WeWork CEO and Co-founder Adam Neumann’s family office was in talks to buy Barneys New York when the embattled retailer was going through bankruptcy...

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SoftBank’s WeWork Pursues Head Of T-Mobile For CEO Role
SoftBank’s WeWork Pursues Head Of T-Mobile For CEO Role
November 11, 2019  |  Personnel

WeWork is in talks with T-Mobile CEO John Legere to take over the leadership role after former boss Adam Neumann was forced out, following reports...

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Top News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On Logistics
Top News In Payments: Europe’s Version Of Libra Makes Headway; Amazon Faces Legal Backlash On...
November 11, 2019  |  News

In today’s top payments news, a potential competitor to Facebook’s Libra cryptocurrency is making progress, and one of the year’s biggest eCommerce events sets a...

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Lawsuit Targets WeWork For Lost Value After Pulled IPO
Lawsuit Targets WeWork For Lost Value After Pulled IPO
November 10, 2019  |  Legal

A lawsuit is being launched by minority shareholders against WeWork, Adam Neumann — its co-founder and former chief executive officer — and the prime investor,...

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WeWork Reveals 90-Day Plan To Turn Company Around
WeWork Reveals 90-Day Plan To Turn Company Around
November 08, 2019  |  Debt

WeWork, the embattled office space company, has revealed a “90-day game plan” that includes huge changes to the company, including the divestiture of all if...

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Big Fizzles For Once High-Flying Unicorn Investors
Big Fizzles For Once High-Flying Unicorn Investors
November 08, 2019  |  Sizzle/Fizzle

The problem with large investments – the type that run into the billions of dollars – is that just as gains can be astronomical, the...

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WeWork’s IPO Flop Triggers Tech Startup Scrutiny By Investors
WeWork’s IPO Flop Triggers Tech Startup Scrutiny By Investors
November 08, 2019  |  Investments

Following WeWork’s IPO debacle, investors want tech startups to prove profitability before seeking funds and going public, CNBC reported on Friday (Nov. 8). Over 2,000...

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SoftBank CEO Vows WeWork Blunder Won’t Happen Again
SoftBank CEO Vows WeWork Blunder Won’t Happen Again
November 06, 2019  |  Investments

SoftBank CEO Masayoshi Son calls his company’s decision to save WeWork “an exception” that won’t happen again. Last month, SoftBank extended a lifeline of $8...

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