WeWork cut nearly to the bone, and it’s starting to work out. At least, that’s the narrative the disgraced co-working giant is starting to weave for investors and the media. Marcelo Claure, WeWork’s executive chairman, told the Financial Times the company expects to generate profits and positive cash flow by 2021, a year ahead of schedule. One big reason: The company cut staff by 8,000 workers,...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Latest Articles
Exclusive
Entertainment
Samsung’s Peacock Standoff with NBCUniversal Shows Power of TV Makers

As streaming TV becomes the default viewing option for Americans, the makers of streaming devices are taking the place of cable operators as gatekeepers, deciding what streaming services will be available to viewers. Increasingly the gatekeepers include not only Roku and Amazon but smart TV makers such as Samsung. NBCUniversal is learning that the hard way as it battles to get its Peacock...
Latest Briefs
ByteDance Rival Kuaishou Gets Approval to Raise as Much as $6 Billion in Hong Kong IPO
Chinese Smartphone Xiaomi Unexpectedly Added to U.S. Blacklist
Playtika Prices IPO at $27
Stay in the know
Receive a summary of the day's top tech news—distilled into one email.
Access on the go
View stories on our mobile app and tune into our weekly podcast.


Join live video Q&A’s
Deep-dive into topics like startups and autonomous vehicles with our top reporters and other executives.
Enjoy a clutter-free experience
Read without any banner ads.

Recent Popular Stories
Exclusive
Media/Telecom
Entertainment
BuzzFeed Has Held Discussions With Rascoff’s SPAC