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WeWork Building
News

JLL, IWG Were Reportedly In Talks With WeWork CEO Before His Abrupt Exit

... of its spaces, the Times reported, citing unnamed sources. SoftBank, the Japanese conglomerate that has invested nearly $12B into ... at all." The Times reported that Mathrani’s frustration with SoftBank and a perceived lack of engagement from the lender — ...

Jun 12, 2023
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WeWork logo
News

WeWork Reveals Post-Bankruptcy Financial Projections As Landlords Say Restructuring Close To 'Meltdown'

... final installments of payments for its Japanese business from SoftBank, which was announced earlier this year.  Proceeds from ... registered in bankruptcy court. The creditors allege that WeWork, SoftBank and ​other financial backers and lenders have butt heads ...

Apr 23, 2024
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News

Smart Glass Maker View Under Pressure From Cantor Fitzgerald, May Be Forced To Sell Assets

... entire new market category that makes buildings healthier and smarter,” SoftBank Investment Advisers partner Tom Cheung said in a statement at ... the time of the investment. SoftBank was also a major investor in WeWork, another now- ...

Feb 20, 2024
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WeWork logo
News

WeWork Files For Bankruptcy

... recent decades. In 2019, a funding round from principal backer SoftBank valued WeWork at $47B.  The company’s landlords will await ... and London.  WeWork’s growth was backed by Japanese investor SoftBank, which as of 2019 had invested $18.5B in WeWork ...

Nov 06, 2023
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U.S. Sovereign Wealth Fund On Pause, But White House Mulls Shared Fund With Japan
News

U.S. Sovereign Wealth Fund On Pause, But White House Mulls Shared Fund With Japan

... debt during a Friday interview with Bloomberg Television. Meanwhile, SoftBank founder Masayoshi Son has suggested to Bessent that the U ... appeared at the White House together in January to announce SoftBank's $500B joint venture with Oracle and OpenAI called ...

May 27, 2025
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Saudi Firms Pledge More Than $20B In Data Center Projects Across U.S.
News

Saudi Firms Pledge More Than $20B In Data Center Projects Across U.S.

... OpenAI, Emirati sovereign wealth fund MGX and Japanese investment firm SoftBank that its backers say will amount to a $500B investment ... planned throughout the U.S.  While the heads of Oracle, SoftBank and OpenAI, who flanked Trump at the White House press ...

May 14, 2025
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WeWork CEO Adam Neumann
News

Adam Neumann Could Return To WeWork’s Board, Which Is Without A Chairman

... blowup, but was removed as part of an agreement with SoftBank to end legal disputes last year, Bloomberg reports. His ... return to the board hinges on SoftBank approval, which Neumann has not requested, per the publication. ...

Feb 25, 2022
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How Much Cash Does It Need To Keep Going? 6 Key Questions After WeWork Postpones IPO
News

How Much Cash Does It Need To Keep Going? 6 Key Questions After WeWork Postpones IPO

... individual locations make a profit is 89%. What does SoftBank want?SoftBank, as WeWork’s principal patron in recent years, will ... investments while talking to potential new investors is a situation SoftBank likely wants to avoid. Do Adam Neumann’s wings ...

Sep 17, 2019
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SoftBank founder Masayoshi Son announcing a planned $100B investment in U.S. technology at Mar-a-Lago with Commerce Secretary nominee Howard Lutnick and President-elect Donald Trump.
News

Data Centers Claim Prominent Place On Trump Administration's Agenda

... OpenAI, Emirati sovereign wealth fund MGX and Japanese investment firm Softbank that the president called “The largest AI infrastructure project, ... throughout the U.S.  While the heads of Oracle, Softbank and OpenAI, who flanked Trump at the White House press ...

Jan 22, 2025
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The New York Stock Exchange
News

Smart Glass Manufacturer View Not Confident It Will Survive As Threat Of Delisting Looms

...  showed that many proptech companies that went public from SoftBank funding have lost value, with several fighting for survival ... .   More recently, SoftBank indicated it would walk back its former strategy of lavish ...

May 16, 2022
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