And, microsoft stopped making phones years ago, and now its back with a new model that will run on googles android system. Is now the time to get back into the slowing Global Smartphone market . But first, to our top story. On monday, wework pulled the plug on its ipo, at least temporarily. The new coceos of the Office Space Company say they want to focus on the core business before going public, which they still plan to do sometime in the future. Wework has been burning through cash and now plan thousands of job cuts. They will put some of their business is up for sale. Kurt wagner spoke to wedbush analyst dan ives and bloombergs ellen huet, who covers the company. Ellen it is official. The ipo will be put on hold. So they said this morning theyre going to be pulling it, that confirms a lot of the reporting we have had in the last week or two, which is that the ipo is unlikely to happen in 2019, likely to be pushed until next year. So theyre going to be spending the next few months wi
On monday, wework pulled the plug on its ipo, at least temporarily. The new coceos of the Office Space Company say they want to focus on the core business before going public, which they still plan to do sometime in the future. Wework has been burning through cash and now plan thousands of job cuts. Kurt wagner spoke to wedbush analyst dan ives and bloombergs ellen huet, who covers the company. Ellen it is official. The ipo will be put on hold. So they said this morning theyre going to be pulling it, that confirms a lot of the reporting we have had in the last week or two which is that the ipo is unlikely to happen in 2019, likely to be pushed until next year. So theyre going to be spending the next few months with these new coceos, trying to show wall street, we are going to cut back on expenses, we are making changes at the company, it is no longer a company with this wide variety of businesses alongside its main core business, which is renting out office space. Kurt is there any one
We will break down all the numbers for you. And, microsoft stopped making phones years ago, and now its back with a new model that will run on googles android system. Is now the time to get back into the slowing Global Smartphone market . But first, to our top story. On monday, wework pulled the plug on its ipo, at least temporarily. The new coceos of the Office Space Company say they want to focus on the core business before going public, which they still plan to do sometime in the future. Wework has been burning through cash and is now planning thousands of job cuts. They will put some of their business is up for sale. Kurt wagner spoke to wedbush analyst dan ives and bloombergs ellen huet, who covers the company. Ellen it is official. The ipo will be put on hold. So they said this morning theyre going to be pulling it, that confirms a lot of the reporting we have had in the last week or two, which is that the ipo is unlikely to happen in 2019, likely to be pushed until next year. So
Why Tech Companies in the United States are hoping president trumps political problem could be there again. It is official. Wework is pulling the plug on its ipo, at least temporarily. New ceos coceos of the company want to focus on its core business before going public, which they still plan to do at some point in the future. Wework has been burning through cash. It is now planning thousands of job cuts and will put several of its businesses for sale. Ellen, i want to start with you. This story has been evolving dramatically over the last few weeks. What is the latest from this morning . It is official it is official. The ipo will be put on hold. That confirms a lot of the reporting we have had in the last week or two, which is that the ipo is unlikely to happen in 2019, likely to be pushed until next year. They are going to be spending the next few months with these new coceos, trying to show wall street, you know, we are going to cut back on expenses. It is no longer going to be a c
Now at 4 30, looking live from our exclusive Salesforce Tower camera down at the bay bridge this morning. It is tuesday, october 1st. We are starting a new month. Im michelle griego. Im kenny choi. It is starting to feel like fall. Feeling the bite in the air. Check the temperatures with marry mary. Grab the jacket as you head out the door and bundle up because we are in the 40s and 50s and some spots even dipping down into the 30s this morning. We are in the low 40s in santa rosa, upper 40s for san jose and for concord, mid40s for oakland, and looking at 53 for oakland and for San Francisco. So we will have that sun for today, milder temperatures compared to yesterdaag so San Francisco mid60s, upper 60s for today in oakland. Low 70s in san jose and mid70s in concord, so temperatures running anywhere from four to 8 degrees cooler than normal. We will talk about our warming trend as we head through the week and when highs will actually get to above average temps, coming up. Good morning