Page 5 - Softbank Group Backed News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from Softbank group backed. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In Softbank Group Backed Today - Breaking & Trending Today

wework bankruptcy: SoftBank's WeWork, once valued at $47 billion, files for bankruptcy

WeWork, the SoftBank Group -backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday, after its bets on companies using more of its office-sharing space soured. ....

Adam Neumann , Sandeep Mathrani , David Tolley , Technology Leadership , Offering College , Wickersham Taft , Indian School Of Business , Softbank Group Backed , Tech Prowess , High Value Skill , Wall Street Banks , Wework Bankruptcy , Us Startup ,

SoftBank's WeWork, once most valuable U.S. startup, succumbs to bankruptcy

The move represents an admission by SoftBank, the Japanese technology group that owns about 60% of WeWork and has invested billions of dollars in its turnaround, that the company cannot survive unless it renegotiates its pricey leases in bankruptcy. A WeWork spokesperson said about 92% of the company's lenders had agreed to convert their secured debt into equity under a restructuring support agreement, wiping out about $3 billion of debt. WeWork had office space available at 777 locations worldwide as of the end of June. ....

New York , United States , Arun Koyyur , Adam Neumann , Greg Roumeliotis , David Tolley , Mrinmay Dey , Sandeep Mathrani , Wickersham Taft , Softbank Group Backed , Wall Street Banks , Adam Neumann ,

WeWork, once most valuable US startup at $47B, succumbs to bankruptcy

WeWork, the SoftBank Group-backed startup whose meteoric rise and fall reshaped the office sector globally, sought U.S. bankruptcy protection on Monday after its bets on companies using more of its office-sharing space soured. ....

Adam Neumann , David Tolley , Sandeep Mathrani , Wickersham Taft , Softbank Group Backed , Wall Street Banks ,