Tag: SOFTBANK Corporation

Adam Neumann Wants to Take Over WeWork

WeWork’s founder is trying to buy it Adam Neumann shot to fame by turning WeWork into a cultural and business phenomenon, before being ousted from the work space operator in dramatic fashion. But for the past several months, he has been trying to buy the now-bankrupt business — with the help of the hedge fund […]

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WeWork Files for Bankruptcy Amid Glut of Empty Offices

WeWork, the real estate company that offered start-ups and individuals sleek quarters to pursue their entrepreneurial dreams, filed for bankruptcy protection in the United States on Monday after years of struggling to find its footing. The company filed for Chapter 11 bankruptcy protection in New Jersey, as part of what it described as a “comprehensive […]

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The Stock Market Hopes Arm’s IPO Is a Hit

Call it Wall Street’s Groundhog Day. When shares of Arm, the British chip designer, begin trading on the Nasdaq stock exchange on Thursday in the year’s biggest initial public offering, investors, tech executives, bankers and start-up founders will be watching closely for how it performs. If Arm’s stock falls, they will know that the market […]

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The Stock Market Hopes for a Hit From the Year’s Biggest Initial Public Offering

Call it Wall Street’s Groundhog Day. When shares of Arm, the British chip designer, begin trading on the Nasdaq stock exchange on Thursday in the year’s biggest initial public offering, investors, tech executives, bankers and start-up founders will be watching closely for how it performs. If Arm’s stock falls, they will know that the market […]

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Arm, the Chip Designer, Raises $4.87 Billion in the Year’s Largest I.P.O.

The News Arm, the British chip design company whose technology has been essential to nearly all mobile phones, raised $4.87 billion in an initial public offering, it said on Wednesday. Arm’s I.P.O. is the largest this year, and values the company at $54.5 billion. Background: SoftBank bet big on Arm’s leading an A.I. revolution. The […]

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SoftBank Needs a Hit, and It’s Betting on Arm

Masayoshi Son, the chief executive and billionaire founder of the tech conglomerate SoftBank, believed so strongly in Arm, the British chip design company he bought in 2016 for $32 billion, that he guaranteed some big investors they wouldn’t lose money on the deal. If anything, Mr. Son told those investors, including Saudi Arabia’s Public Investment […]

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Arm, a British Chip Designer, Juggles Challenges Before 2023’s Biggest I.P.O.

Rene Haas, the chief executive of the chip-design powerhouse Arm, has many masters to serve. He reports to Masayoshi Son, the head of SoftBank, which owns Arm and plans to sell a portion of the British company this week in the year’s biggest initial public offering. Officials in Beijing and Washington also command Mr. Haas’s […]

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