Watch / Tech / Companies / Investing / Investor / Saving / Offer / IPOs / Business / Stock markets

WeWork's IPO delay a blow to Japanese investment giant Softbank

Posted On: 17 Sep 2019   |   Posted By: The Guardian

Failure of WeWork comes soon after Uber, another loss-making SoftBank investment, went public WeWork's decision to delay its public share offering after a lacklustre response from investors comes as a blow to Softbank, the Japanese investment giant that has thrown serious sums at several successful tech “unicorns” - and watched as some companies it has backed have floundered. The WeWork delay saves Softbank, the brainchild of Japanese billionaire Masayoshi Son, from having to write down the value of its $10.65bn investment in WeWork through its Saudi-backed Vision Fund.

Continue reading ...

 








Berbatov makes Coutinho transfer prediction amid Man United & Arsenal links

Berbatov makes Coutinho transfer prediction amid Man United & Arsenal links

Former Manchester United striker Dimitar Berbatov has spoken out on the Philippe Coutinho transfer saga as the Barcelona flop is linked with a return to the Premier League. The... Read more ...

SpaceX docking time UK: What time does SpaceX dock with the ISS today?

SpaceX docking time UK: What time does SpaceX dock with the ISS today?

SPACEX made history on Saturday night with its first launch of NASA astronauts into orbit on a private Crew Dragon spacecraft. What time will the Crew Dragon capsule doc at the... Read more ...

Thomas The Tank Engine Narrator Michael Angelis Dies, Aged 68

Thomas The Tank Engine Narrator Michael Angelis Dies, Aged 68

Michael Angelis , best known as the long-term narrator of Thomas The Tank Engine series Thomas & Friends , has died at the age of 76, his agent said. The actor died suddenly... Read more ...

More National Guard troops sent in as US protests grow over George Floyd's death

More National Guard troops sent in as US protests grow over George Floyd's death

Police and protesters across the US are clashing again on the fourth straight day of unrest as anger intensifies over the death of George Floyd. Read more ...

Juventus 'propose Adrien Rabiot' to Man Utd in Paul Pogba swap transfer

Juventus 'propose Adrien Rabiot' to Man Utd in Paul Pogba swap transfer

Paul Pogba's Man Utd future remains unclear with Juventus keen on bringing him back to Serie A and are prepared to use Adrien Rabiot in a swap transfer Read more ...

Caramel chocolate ice lollies recipe

Caramel chocolate ice lollies recipe

Read more ...

Police use tear gas and rubber bullets to clear protests from streets in...

Police use tear gas and rubber bullets to clear protests from streets in Minneapolis

Law enforcement began to fire tear gas 'unprovoked' on demonstrators breaking a curfew in Minneapolis on Saturday, reports say. Read more ...

Chrissy Teigen donates $200K to freeing citizens arrested while protesting...

Chrissy Teigen donates $200K to freeing citizens arrested while protesting death of George Floyd

Chrissy Teigen hits back at Twitter trolls and is now donating $200K towards freeing citizens arrested while protesting death of George Floyd Read more ...

Thomas The Tank Engine narrator Michael Angelis dies aged 76

Thomas The Tank Engine narrator Michael Angelis dies aged 76

Michael Angelis narrated the show for 13 series Thomas The Tank Engine narrator Michael Angelis has died aged 76. The actor, who also starred in Auf Wiedersehen, Pet, died at... Read more ...

Police 'deliberately drive SUV into crowds' as protests rage across US

Police 'deliberately drive SUV into crowds' as protests rage across US

A shocking video appears to show a police cruiser charging towards demonstrators in New York, while tear gas has been fired outside the White House as crowds demand justice... Read more ...