7 NC Black-owned businesses land $10,000 WeWork grants
The co-working space giant announced Premiere Wellness and STATProg, both based out of WeWork’s Raleigh office, as among its 200 grant recipients.
Read MorePosted by WRAL TechWire | Aug 5, 2020
The co-working space giant announced Premiere Wellness and STATProg, both based out of WeWork’s Raleigh office, as among its 200 grant recipients.
Read MorePosted by Jason Parker | May 25, 2020
Dr. Doom is not calling on the startup ecosystem in Durham despite the onset of the COVID-19 pandemic and some of the state’s most restrictive “stay at home requirements” as imposed by the Bull City. Here’s the second part of TechWire’s exclusive “new normal” series.
Read MorePosted by Jason Parker | May 25, 2020
In the first of an exclusive multi-part series, WRAL TechWire’s Jason Parker examines the rapid changes being forced on the Research Triangle’s entrepreneurial ecosystem by the onslaught of the COVID-19 pandemic. A vivid snapshot of the evolution taking place is provided by looking at the Triangle’s numerous coworking spaces. The focus of this story is Raleigh-Cary.
Read MorePosted by WRAL News | May 5, 2020
The ousted CEO sued SoftBank on Monday, accusing it of breaching a contract by withdrawing an offer to buy up to $3 billion in WeWork stock from Neumann and other shareholders, according to the New York Times.
Read MorePosted by WRAL TechWire | Apr 10, 2020
WeWork is renegotiating with landlords at unspecified locations and has hired brokerage firms JLL and Newmark Knight Frank to help it secure rent relief, profit-sharing agreements and other lease changes.
Read MorePosted by WRAL News | Apr 7, 2020
The co-working giant’s board today announced that it has filed a lawsuit in the Delaware Court of Chancery alleging that SoftBank Group has breached its obligations under the Master Transaction Agreement (“MTA”) by failing to complete its tender offer.
Read MorePosted by WRAL News | Apr 2, 2020
Earlier this week, it launched its “WeWork for Good” initiative, contributing office space to support members and local communities during COVID-19.
Read MorePosted by WRAL TechWire | Apr 2, 2020
SoftBank says it will not go ahead with a $3 billion bailout of coworking and office space sharing conglomeratre WeWork, citing several different reasons for ending a deal announced last October.
Read MorePosted by WRAL News | Mar 23, 2020
The plan involves selling or liquidating up to 4.5 trillion Japanese yen ($41 billion) worth of holdings, which the Japanese tech group says will help it repurchase up to 2 trillion Japanese yen ($18 billion) in stock, its second big buyback in a month.
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