Sandeep Mathrani was supposed to be WeWork’s savior.A real estate executive, he became the chief executive of the troubled office space company in 2020 after a failed initial public offering […]
SOFTBANK Corporation
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Back to news homeSoftBank Reports $23 Billion Loss as Tech Investments Plummet
The past two years have sent Mr. Son on a new roller coaster ride. The pandemic initially drove SoftBank’s investments in big-name tech companies into the ground, sent them soaring, […]
SoftBank’s Woes Are Mounting
For the past decade, SoftBank and its founder, Masayoshi Son, grabbed headlines mainly for the Japanese conglomerate’s eye-popping investments, becoming a fixture in the American technology scene by spending freely […]
WeWork Goes Public Two Years After Aborted I.P.O.
“I made a wrong decision,” Masayoshi Son, SoftBank’s chief executive, said last year. “I didn’t look at WeWork right.” SoftBank has agreed to cap its voting power in the company […]
Greensill Capital: The Collapse of a Company Built on Debt
LONDON — The courthouse should have already been closed for the day.At a hearing that began at 5 p.m. on March 1, lawyers for Greensill Capital desperately argued before a […]
WeWork Will Go Public in a Merger With a SPAC
After a failed initial public offering and the near implosion of its business in 2019, WeWork said Friday that it had agreed to a deal that would take the beleaguered […]