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WeWork Sees IPO Valuation Below $20 Billion

By Wendy Pollack
· · Source: The Wall Street Journal

WeWork’s planned IPO is looking increasingly shaky. The Wall Street Journal reported Sunday that WeWork’s parent company, We Co., is aiming for a valuation of under $20 billion when it goes public, down from the $23 billion range being discussed recently. What’s more, some investors are worried enough about weak demand that they are urging the company to call off the IPO entirely. On Monday,...

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Apple’s Thin Olive Branch to Critics: The Information’s Tech Briefing
By The Information Staff · Sept. 25, 2020 5:32 PM PDT

Talk about a very thin olive branch. Apple’s decision to waive its 30% commission on in-app purchases relating to online events through the end of the year is about the smallest step the iPhone maker could take to calm critics of its App Store policies and particularly the commission it charges.

In reality, the move is unlikely to do anything to resolve the complaints and will only ...

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