WeWork
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Trends
India’s Oyo furloughs thousands of employees as revenue drops by over 50%
Oyo has placed thousands of employees on leave and furloughs for up to three months in the U.S. and several…
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Trends
OneWeb confirms layoffs and potential launch schedule delays amid reported bankruptcy considerations
Satellite operator OneWeb has confirmed that its workforce has been reduced via layoffs, after TechCrunch learned that it reduced its…
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Trends
SoftBank reportedly balks at commitment to buy $3B in shares from WeWork shareholders
The Wall Street Journal is reporting that SoftBank Group is using regulatory investigations as a way to back out of…
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Trends
How to buy back your startup from a tech giant like WeWork
When SEO and marketing company Conductor sold to WeWork in March 2018, it was a bit of a last-ditch effort.…
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Trends
SoftBank-backed Indian startup Oyo to cut 5,000 jobs globally
Oyo said on Wednesday it is laying off 5,000 people from its global workforce as the Indian budget hotel startup…
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Trends
Karius raises $165 million for its liquid biopsy technology identifying diseases in a drop of blood
“What Karius is good at is identifying those novel microbes before they become an outbreak like coronavirus,” says Mickey Kertesz,…
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STARTUPS
Investors in LatAm get bitten by the hotel investment bug as Ayenda raises $8.7 million
Some of Latin America’s leading venture capital investors are now backing hotel chains. In fact, Ayenda, the largest hotel chain…
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STARTUPS
So much for pessimism
After WeWork exploded there was — at least supposedly — a change in sentiment among investors and founders alike. Gone…
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Business
Tradeshift cuts headcount by three figures in effort to turn towards profitability
Last month Tradeshift, a platform for supply chain payments which has achieved unicorn startups in recent years, had some good…
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