WeWork to withdraw IPO as it enters austerity mode
WeWork, which replaced its controversial chief executive last week, announced Monday that it will withdraw a plan to go public for now as it shifts into austerity mode.
Sep 30, 2019
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Business
Page 2 - News tagged with private business
Business
Japan's Toshiba to split into three firms
Storied Japanese conglomerate Toshiba will split into three companies, it said Friday, following a campaign by investors to boost the firm's shares after a period of enormous upheaval.
Nov 9, 2021
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Automotive
How space is connecting cars
Today's connected cars are dynamic, updateable devices—and, because they can be updated, they are well equipped to become tomorrow's cars. ESA is working with European carmakers to ensure that connected vehicles harness ...
May 9, 2022
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Business
China hits tech firms with hefty fines as crackdown draws to close
Chinese regulators said Friday they had fined fintech giant Ant Group almost $1 billion for "illegal acts" and handed an affiliate of rival Tencent a $415 million penalty, adding that a long-running crackdown on tech firms ...
Jul 7, 2023
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Business
Workers suffer when AI gets it wrong, argues professor
Amazon thought it had found an efficient way to find the best workers. Recruitment is time consuming and expensive, so why not outsource it to artificial intelligence (AI)?
Nov 28, 2023
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Business
African tech startups cater to continent's needs
African startups, addressing overlooked needs, are putting the spotlight on a burgeoning tech scene, despite challenges like inequality and limited digitalization.
May 31, 2024
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Business
WeWork warns there's 'substantial doubt' about its ability to stay in business
WeWork is warning there's "substantial doubt" about its ability to stay in business over the next year because of its financial losses and its need for cash, among other factors.
Aug 9, 2023
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