WeWork can’t seem to catch a break. Google has walked away from a deal to lease space from WeWork in Toronto after months of negotiations, choosing instead to rent 24,000 feet from IWG’s Spaces, Bloomberg reported. The article doesn’t have exact terms of the lease, but reports that it’s a multiyear deal on two floors at Spaces’ Royal Bank Plaza in the city’s financial district. Reasons for...
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Genesis Creditors Could Miss Out on Recent Crypto Rally
Crypto prices have risen since parts of crypto lender Genesis filed for chapter 11 bankruptcy last month, lifting the value of customers’ crypto assets stuck in Genesis accounts. That’s not necessarily good news for Genesis’ creditors, however. Creditors are worried that any repayments they get from the bankruptcy will be made in dollars, not the original cryptocurrencies,...
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Amazon’s Video and Music Costs Surged 28% Last Year
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