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3:20

WeWork lays off staff, restructures amid COVID-19 setback

Abandoned by its funder and tenants, the shared office space firm introduces a restructuring process, with plans to cut jobs.

4:00
Apr 8, 2020

WeWork sues Softbank as tenants terminate lease agreements

The shared workspaces company claims Softbank's decision to withdraw its $3 billion tender offer is a breach of contractual obligations and fiduciary duty.

3:10
Mar 19, 2020

SoftBank threatens to pull out of WeWork deal

Speculation is rife that the COVID-19-triggered global recession is behind SoftBank reportedly backing away from part of its bailout deal with WeWork.

2:20
Mar 18, 2020

ZTE unveils Axon 11

The 5G smartphone will be released in China on 23 March.

3:10
Jan 28, 2020

WeWork opens Cape Town office

After a windfall from SoftBank last year, the shared workspaces firm embarks on an expansion mission, opening its third local office. 

5:10
Oct 23, 2019

SoftBank throws WeWork multibillion-dollar lifeline

The embattled shared workspaces company receives an $8 billion rescue investment from the Japanese tech giant, in a move aimed at restoring its path to profitability.

4:20
Dec 10, 2018

Uber makes confidential filing for long-awaited IPO

The ride-hailing company has reportedly filed paperwork for an initial public offering in the US.

5:50
Apr 30, 2018

T-Mobile, Sprint pin hopes on $26bn deal

The firms say the merger will create jobs and give the US an advantage over China in creating 5G wireless technology.

2:40
Jan 15, 2018

SoftBank considers IPO for Japan wireless unit

The conglomerate seeks to raise a reported $18 billion as the telecoms company considers listing its Japanese wireless business.

3:30
Nov 28, 2017

SoftBank offers to buy Uber shares at 30% discount

Japan's SoftBank offers to purchase Uber shares at a valuation of $48 billion, a 30% discount to its most recent valuation of $68.5 billion.

1:20
Nov 24, 2017

Uber told SoftBank about breach before telling public

The e-hailing business discussed the massive data breach with potential investor SoftBank ahead of going public with the details.

5:20
Nov 23, 2017

Uber data breach overshadows SoftBank deal

The timing could hardly have been worse, as Uber is trying to complete a deal in which Softbank would invest as much as $10 billion.

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