Thursday, October 29, 2020

WeWork will be profitable by end of 2021, says CEO Sandeep Mathrani

The firm expects the Covid-19 pandemic to accelerate the demand for flexible workspace and take the occupancy to around 65% globally by 2021, helping to break even.

from Tech-Economic Times https://ift.tt/3jFThbn

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Softbank Group launches over $10 billion in bonds for OpenAI investment, term sheet shows

The dollar-denominated notes are split into 3-1/2-year, 5-1/2-year and 7-1/2-year tenors, while the euro-denominated bonds are split into 4-...