SoftBank Shuns Call for Board Oversight of Vision Fund
Elliot Management wants the group to create a subcommittee to supervise the fund’s investment process.
SoftBank Posts Record $12.7B Operating Loss in 2019-20
The company’s tech fund reported a loss of $17.7 billion.
WeWork Investors Will Take ‘Necessary Actions’ If SoftBank Bails on Bailout
SoftBank agreed to the bailout deal in October.
CFOs On the Move: Week Ending March 6
WeWork, JD.com, MGA Entertainment, Philip Morris, NetApp, Red River, Ambyint, TravelCenters of America, Euler Hermes, Toyota
SoftBank Posts Record Loss on Startup Bets
“My own investment judgment was really bad. I regret it in many ways," CEO Masayoshi Son admits.
Why an Investor Soured on Softbank
Vitaliy Katsenelson revered Softbank's founder and thought he'd own the company's stock for decades. Why he changed his mind is instructive for CFOs.
WeWork Founder Gets $1.7B Payout to Leave Company
Adam Neumann will sell shares in the struggling office sharing startup and receive a line of credit and a consulting fee as part of a bailout deal.
WeWork Delays its IPO
The office-sharing startup is pushing back its public debut as investor confidence grows shaky.
WeWork Valuation Could Fall as Low as $10B in IPO
The office-sharing startup is battling concerns over its path to profitability and governance.
WeWork to Add First Woman Board Member
The company faced questions about its diversity practices ahead of its IPO.