SOFTBANK Corporation

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WeWork Files for Bankruptcy Amid Glut of Empty Offices

WeWork Files for Bankruptcy Amid Glut of Empty OfficesThe move is a blow for landlords who have rented space to the co-working group, which is planning a “comprehensive reorganization” that includes cutting some of its leases. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Jordyn Holman and J. Edward Moreno

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A Silicon Valley Supergroup Is Coming Together to Create an A.I. Device

A Silicon Valley Supergroup Is Coming Together to Create an A.I. DeviceOpenAI’s Sam Altman, the former Apple designer Jony Ive and SoftBank’s Masayoshi Son are teaming up to develop a device that could replace the smartphone. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Tripp Mickle and Cade Metz

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Arm Soars 25% in the Year’s Biggest Initial Public Offering

Arm Soars 25% in the Year’s Biggest Initial Public OfferingThe performance of the British chip designer’s shares signals that the I.P.O. market may revive after a very quiet year. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Erin Griffith and Don Clark

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Arm, a British Chip Designer, Juggles Challenges Before 2023’s Biggest I.P.O.

Arm, a British Chip Designer, Juggles Challenges Before 2023’s Biggest I.P.O.The SoftBank-owned company, which for decades has defined how mobile phones operate, is grappling with geopolitical and commercial complexities as it prepares to go public this week. Powered by WPeMatico http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Don Clark

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WeWork Reaches a Debt Restructuring Deal With SoftBank

WeWork Reaches a Debt Restructuring Deal With SoftBankThe agreement will reduce the unprofitable office space company’s debt, giving it more financial breathing room.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Vikas Bajaj Powered by WPeMatico

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Investors Who Put $2 Billion Into FTX Face Scrutiny, Too

Investors Who Put $2 Billion Into FTX Face Scrutiny, TooVenture capital firms and investment funds showered the failed crypto exchange and its founder with money. There were few strings attached.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Erin Griffith and David Yaffe-Bellany Powered by WPeMatico

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WeWork Will Go Public in a Merger With a SPAC

WeWork Will Go Public in a Merger With a SPACThe money-losing office space firm plans to merge with a blank-check company backed by big Wall Street investors.http://rss.nytimes.com/services/xml/rss/nyt/Technology.xmlNYT > Technologyhttps://static01.nyt.com/images/misc/NYT_logo_rss_250x40.pngTechnology124Peter Eavis and Lauren Hirsch Powered by WPeMatico

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