Wednesday, June 19, 2024

CCI approves WeWork Inc's exit from India unit

CCI approves WeWork Inc's exit from WeWork India as investors acquire stake. Co-founded by Adam Neumann and Miguel McKelvey, WeWork India reports revenue growth and narrowing losses. Awfis goes public, while other platforms like Indiqube, CoWorks, 91Springboard, and Bhive operate in the coworking space.

from Tech-Economic Times https://ift.tt/Imnb0qF

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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-...