Business

WeWork co-founder pushed aside in $5B SoftBank takeover

WeWork is accepting a financial rescue package that hands control of the company to Japanese tech giant SoftBank and pushes aside co-founder Adam Neumann and his grandiose vision of changing the world through communal working.

Business

Vice Media to buy women's focused rival Refinery29

Vice Media said Wednesday it was acquiring rival Refinery29, an online outlet that targets young female readers, claiming the deal creates "the world's largest digital media business."

Automotive

Rivian, Mercedes pause joint European electric van plant

Electric vehicle maker Rivian is setting aside its planned partnership with Mercedes-Benz to produce electric vans in Europe so that it can focus on its existing commercial and consumer business.

Business

China's NetEase criticizes Blizzard offer as unequal, unfair

China games company NetEase Inc. has rejected a proposal from World of Warcraft creator Activision Blizzard to temporarily extend its partnership while the U.S. company seeks a new partner, calling the proposed terms "unequal ...

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