WeWork has filed a lawsuit seeking to force SoftBank to complete its $3 billion tender offer which SoftBank announced it was withdrawing last week, CNBC reported. The lawsuit claims that SoftBank breached its fiduciary duty to WeWork’s shareholders by failing to make good on the offer. WeWork is demanding that SoftBank either complete the tender or pay compensatory damages. The tender offer is...
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Meta’s Twitch Competitor Cuts Contracts With Gaming Creators
Since 2018, Meta Platforms has paid videogamers to stream their play on Facebook’s gaming service, its alternative to Twitch. Now, in a new era of austerity, Meta is cutting back on those payments. Facebook Gaming in the second half of last year dropped its contracts with at least 200 creators that paid them to spend time streaming on the web service, according to two people with direct...
Chinese Online Retail Giant JD.com Retreats in Southeast Asia
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Amazon Fresh Hikes Grocery Delivery Fees
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