SoftBank Group Corp. is taking control of WeWork and providing the office-space startup with billions to keep it operating. In a press release Tuesday night, SoftBank and WeWork jointly announced ...

WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies using more of ...

WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies using more of ...

The group said this week that it is expecting a $6.6 billion loss for the year ending March on a portion of its investment in WeWork held outside SoftBank’s Vision Fund.

WeWork is locked in negotiations this week with its largest shareholder, Softbank Group, over a new $1 billion investment to enable the shared office space company to go through a major restructuri… ...

Contacts. SoftBank [email protected] +81 3 6889 2300 or Ben Spicehandler / Emily Claffey / Hannah Dunning Sard Verbinnen & Co 212.687.8080 WeWork Gwen Rocco / Erin Clark [email protected] or ...

SoftBank Group Corp. (“SoftBank ... (“WeWork”), SoftBank’s tender offer for up to $3 billion worth of shares of WeWork held by other stockholders has ended because certain conditions to ...

As they entered the offices, Chief Executive Officer Xu Li was hoping to persuade the head of SoftBank Group to invest $200 million in his… After WeWork, SoftBank’s startup bookkeeping draws ...

SoftBank Group is preparing to lose more than $6B from the Tokyo-based firm's investment bet on WeWork. On the portion of its WeWork investment held outside its Vision Fund, SoftBank said it ...

NEW YORK CITY—Softbank Group Corp. has confirmed that it is cutting its planned investment in shared office space provider WeWork Cos. from $16 billion to $6 billion. Earlier published reports ...

Japanese technology company SoftBank Group lost more than $6 billion last quarter as its earnings were hammered by money-losing investments, including a bailout for office-space sharing startup ...

By Anton Bridge TOKYO (Reuters) -SoftBank Group CEO Masayoshi Son on Friday said he wants the Japanese technology investment ...