The New York Times 9:00 am on March 28, 2021
Tags: Accounting and Accountants ( 14 ), Banking and Financial Institutions ( 326 ), Bankruptcies ( 86 ), Bluestone Resources Inc, Cameron, David ( 6 ), Credit Suisse Group AG ( 11 ), Federal Financial Supervisory Authority (BaFin) (Germany) ( 2 ), GFG Alliance Ltd ( 2 ), Greensill Capital ( 8 ), Greensill, Lex ( 2 ), Gupta, Sanjeev (1971- ) ( 2 ), insurance ( 114 ), Justice, James C II ( 6 ), Labor and Jobs ( 1,107 ), SOFTBANK Corporation, Suits and Litigation (Civil) ( 657 ), Tokio Marine Holdings Inc

Greensill Capital: The Collapse of a Company Built on Debt

Greensill Capital promised a win-win for buyers and sellers, until it all fell apart, igniting concerns about opaque accounting practices.

#accounting-and-accountants, #banking-and-financial-institutions, #bankruptcies, #bluestone-resources-inc, #cameron-david, #credit-suisse-group-ag, #federal-financial-supervisory-authority-bafin-germany, #gfg-alliance-ltd, #greensill-capital, #greensill-lex, #gupta-sanjeev-1971, #insurance, #justice-james-c-ii, #labor-and-jobs, #softbank-corporation, #suits-and-litigation-civil, #tokio-marine-holdings-inc

The New York Times 8:06 pm on March 26, 2021
Tags: BlackRock Inc ( 23 ), Co-Working ( 13 ), Initial Public Offerings ( 54 ), Mergers, Acquisitions and Divestitures ( 205 ), Neumann, Adam ( 10 ), Ranadive, Vivek, Real Estate (Commercial) ( 151 ), SOFTBANK Corporation, Son, Masayoshi ( 8 ), Starwood Capital Group, Stocks and Bonds ( 327 ), WeWork Companies Inc ( 12 )

WeWork Will Go Public in a Merger With a SPAC

The money-losing office space firm plans to merge with a blank-check company backed by big Wall Street investors.

#blackrock-inc, #co-working, #initial-public-offerings, #mergers-acquisitions-and-divestitures, #neumann-adam, #ranadive-vivek, #real-estate-commercial, #softbank-corporation, #son-masayoshi, #starwood-capital-group, #stocks-and-bonds, #wework-companies-inc

The New York Times 2:45 am on February 27, 2021
Tags: Co-Working ( 13 ), Initial Public Offerings ( 54 ), Neumann, Adam ( 10 ), SOFTBANK Corporation, Stocks and Bonds ( 327 ), Suits and Litigation (Civil) ( 657 ), WeWork Companies Inc ( 12 )

WeWork’s Path to Markets Is Cleared as Co-Founder and SoftBank Settle Suit

Adam Neumann was said to be selling $480 million of his shares to the Japanese conglomerate, which aims to take WeWork public.

#co-working, #initial-public-offerings, #neumann-adam, #softbank-corporation, #stocks-and-bonds, #suits-and-litigation-civil, #wework-companies-inc

The New York Times 2:01 am on February 23, 2021
Tags: Co-Working ( 13 ), Initial Public Offerings ( 54 ), Mergers, Acquisitions and Divestitures ( 205 ), Neumann, Adam ( 10 ), SOFTBANK Corporation, WeWork Companies Inc ( 12 )

Adam Neumann of WeWork and SoftBank Are in Settlement Talks

A legal dispute has been a key hurdle to taking WeWork public.

#co-working, #initial-public-offerings, #mergers-acquisitions-and-divestitures, #neumann-adam, #softbank-corporation, #wework-companies-inc

The New York Times 12:38 pm on December 10, 2020
Tags: Antitrust Laws and Competition Issues ( 197 ), Boies Schiller&Flexner ( 3 ), Boies, David ( 2 ), Conway, Ron ( 2 ), Facebook Inc ( 440 ), Initial Public Offerings ( 54 ), Instagram Inc ( 141 ), Mergers, Acquisitions and Divestitures ( 205 ), sequoia capital ( 97 ), Social Media ( 1,753 ), SOFTBANK Corporation, WhatsApp Inc ( 25 )

Why the F.T.C. and States Want to Break Up Facebook

The F.T.C. and more than 40 states seek to break up the tech giant.

#antitrust-laws-and-competition-issues, #boies-schillerflexner, #boies-david, #conway-ron, #facebook-inc, #initial-public-offerings, #instagram-inc, #mergers-acquisitions-and-divestitures, #sequoia-capital, #social-media, #softbank-corporation, #whatsapp-inc

The New York Times 1:08 am on September 13, 2020
Tags: Antitrust Laws and Competition Issues ( 197 ), Computer Chips ( 39 ), Mergers, Acquisitions and Divestitures ( 205 ), NVIDIA Corporation ( 3 ), SOFTBANK Corporation

SoftBank Said to Be Near Deal to Sell British Chip Designer Arm

A sale to Nvidia for more than $40 billion would net billions of dollars for the Japanese tech investor and create a powerhouse in the semiconductor industry.

#antitrust-laws-and-competition-issues, #computer-chips, #mergers-acquisitions-and-divestitures, #nvidia-corporation, #softbank-corporation

The New York Times 8:15 am on August 11, 2020
Tags: Coronavirus (2019-nCoV) ( 11,402 ), Japan ( 340 ), SOFTBANK Corporation, Son, Masayoshi ( 8 ), Stocks and Bonds ( 327 )

SoftBank Claws Back Into the Black After Historic Losses

Asset sales and a hot stock market have helped fuel a rebound for the beleaguered Japanese conglomerate, which runs the world’s largest tech fund.

#coronavirus-2019-ncov, #japan, #softbank-corporation, #son-masayoshi, #stocks-and-bonds

The New York Times 11:47 am on May 19, 2020
Tags: Coronavirus (2019-nCoV) ( 11,402 ), Delivery Services ( 88 ), DoorDash (Mobile App) ( 33 ), GrubHub Inc ( 12 ), Mergers, Acquisitions and Divestitures ( 205 ), Mnuchin, Steven T ( 101 ), Powell, Jerome H ( 78 ), SOFTBANK Corporation, Son, Masayoshi ( 8 ), UberEats ( 3 ), United States Economy ( 1,369 ), United States Politics and Government ( 6,446 )

Jesus, the Beatles and … Masa Son?

The SoftBank chief made some eye-opening arguments to justify his company’s poor investment performance.

#coronavirus-2019-ncov, #delivery-services, #doordash-mobile-app, #grubhub-inc, #mergers-acquisitions-and-divestitures, #mnuchin-steven-t, #powell-jerome-h, #softbank-corporation, #son-masayoshi, #ubereats, #united-states-economy, #united-states-politics-and-government

The New York Times 5:01 am on May 19, 2020
Tags: Co-Working ( 13 ), Company Reports ( 69 ), Computers and the Internet ( 1,224 ), Coronavirus (2019-nCoV) ( 11,402 ), Landlords ( 86 ), Neumann, Adam ( 10 ), Real Estate (Commercial) ( 151 ), Renting and Leasing (Real Estate) ( 234 ), Shutdowns (Institutional) ( 906 ), SOFTBANK Corporation, Stocks and Bonds ( 327 ), WeWork Companies Inc ( 12 )

WeWork Wants a Rent Break. Its Customers Do, Too.

Some who rent space from the troubled company say it has not been generous with them even as it seeks concessions from building owners.

#co-working, #company-reports, #computers-and-the-internet, #coronavirus-2019-ncov, #landlords, #neumann-adam, #real-estate-commercial, #renting-and-leasing-real-estate, #shutdowns-institutional, #softbank-corporation, #stocks-and-bonds, #wework-companies-inc

The New York Times 7:27 pm on May 18, 2020
Tags: Alibaba Group Holding Ltd ( 30 ), Appointments and Executive Changes ( 680 ), Coronavirus (2019-nCoV) ( 11,402 ), Japan ( 340 ), Ma, Jack ( 17 ), SOFTBANK Corporation, Son, Masayoshi ( 8 ), Stocks and Bonds ( 327 )

SoftBank in Crisis Amid Record Losses

Its flagship tech fund is underwater, annual losses are huge and a key board member departed, as the firm faces the coronavirus and a tech slump.

#alibaba-group-holding-ltd, #appointments-and-executive-changes, #coronavirus-2019-ncov, #japan, #ma-jack, #softbank-corporation, #son-masayoshi, #stocks-and-bonds

The New York Times 3:58 am on May 18, 2020
Tags: Alibaba Group Holding Ltd ( 30 ), Appointments and Executive Changes ( 680 ), Coronavirus (2019-nCoV) ( 11,402 ), Japan ( 340 ), Ma, Jack ( 17 ), SOFTBANK Corporation, Son, Masayoshi ( 8 ), Stocks and Bonds ( 327 )

Jack Ma Leaves SoftBank Board as Record Losses Loom

The Chinese tycoon’s disclosure came just hours before the company was preparing to announce a major financial hit to its annual results from the coronavirus and a slump in the tech sector.

#alibaba-group-holding-ltd, #appointments-and-executive-changes, #coronavirus-2019-ncov, #japan, #ma-jack, #softbank-corporation, #son-masayoshi, #stocks-and-bonds