WeWork files for bankruptcy
The struggling coworking firm WeWork has filed for bankruptcy in a federal court. The declaration of Chapter 11 bankruptcy completes a startling collapse for the once-soaring, SoftBank-backed company, which peaked at...
Alibaba’s Jack Ma resigns from Softbank
Jack Ma, a Chinese billionaire, is resigning from the board of Softbank Group Corporation, a Japanese technology company that has been struggling to invest in risky joint ventures such as WeWork.