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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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The Briefing
Europe’s Regulatory Traffic Jam: The Information’s Tech Briefing
By The Information Staff · July 14, 2020 5:31 PM PDT

European regulators seem to be caught in a traffic jam of cases against big U.S. tech companies. It’s a situation we could easily see develop in the U.S. in the not-too-distant future, an interesting wrinkle that is likely to work to some companies’ advantage.

The logjam in Europe has emerged in recent days as we have been waiting to see European regulators slap Amazon with ...

Latest Briefs
 
Apple Wins Landmark Court Case Over €13 billion Tax Bill in Defeat for EU
By Mark DiStefano · July 15, 2020
Apple Removes Thousands of Games From China App Store
By Wayne Ma · July 15, 2020
The New York Times Reduces Operations in Hong Kong as China Tightens Grip
By Juro Osawa · July 14, 2020
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