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24 OCTOBER 2019 | Daily Top Story: WeWork accepts multi-billion-dollar rescue deal from SoftBank, Adam Neumann stays on as advisor

PHOTO: Adam Neumann’s WeWork is now valued at a fraction of the $US47 billion it was reportedly worth. (Reuters: Eduardo Munoz) SoftBank Group Corp is spending more than $US10 billion ($14.6 billion) to take over US office-space-sharing startup WeWork, doubling down on an ill-fated investment and paying off its co-founder Adam Neumann to relinquish control. Key points: […]

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