WeWork Files for Bankruptcy: The Fall of a Former Start-up Star

2023-11-07 03:18:20 By Le Figaro with AFP Published 2 hours ago, Updated now The group was valued at up to $47 billion but its stock was worth only 80 cents Monday evening at the close of the New York Stock Exchange, for a market capitalization of $44.49 million. KATE MUNSCH / REUTERS The former start-up … Read more

WeWork’s Possible Bankruptcy and the Rise of Competitors in the Co-Working Space Industry

2023-11-02 17:07:43 American co-working space provider WeWork may file for bankruptcy next week as it was unable to pay its debts by October 2. The company extended the 30-day grace period, after which automatic insolvency would take effect, by seven days. He did not comment on the bankruptcy speculation, instead appointing four new directors to … Read more

Unrest in the supervisory board after the departure of Softbank manager

Telekom boss Timotheus Höttges and former Softbank COO Marcelo Claure (in September) Claure will be difficult to replace. (Foto: Getty Images) Barcelona In September the staging was still intact. Telekom boss Timotheus Höttges and Softbank manager Marcelo Claure met on a conference stage in Cologne and publicly sealed their future together with a “high five”. Höttges … Read more