softbank
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Good Luck Making Money On Autonomous Cars Anytime Soon
With tens of thousands of Americans dying on our roads every year, it’s clear something has to give. Either we’re all going to stop driving, or we’re going to get robots to do it for us. The problem is that the business case for the latter is looking increasingly shaky.
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Adam Neumann Is Evidently WeHurt Over Failed $3 Billion Dollar WeWork Bailout Deal
Adam Neumann, the controversial co-founder and former chief executive of spectacular startup failure WeWork, is suing Softbank over that failed multibillion-dollar bailout deal and claims that the company breached the terms of their agreement in doing so.
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WeWork Can’t Pay The Rent
WeWork has bailed on April rent on some of its locations as the beleaguered coworking space company goes into a financial spiral amid the novel coronavirus pandemic, according to a report from Bloomberg.
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Is Billionaire OK?
If you read a lot of tech news, the mind wanders every so often to billionaire SoftBank CEO Masayoshi Son. Is he sitting at his desk, the blackened banana peel of a detonated booby cigar still dangling from his lips, since SoftBank’s multi-billion-dollar gamble on WeWork spectacularly blew up in his face? Or is he…