To entice new members, WeWork cut prices by 10% on average across the U.S. in recent months, a recent analysis conducted for Bloomberg showed. Price cuts in Chicago and Detroit reached 24%, the anaysis showed. Amid the pandemic, WeWork has been pulling out of low-performing spaces and renegotiating leases with landlords. But the price cuts illustrate the difficulties that WeWork may have...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
Crypto Global crypto
Breaking Down the SEC’s Double Whammy
The Securities and Exchange Commission started the week off with a one-two punch, filing lawsuits against Binance on Monday and Coinbase on Tuesday. The sweeping lawsuits shared some key charges, including that each company operates an unregistered securities exchange, but the Binance lawsuit contained other damning allegations, including that Binance and its CEO Changpeng Zhao...
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 startups venture capital
A Long, Strange Trip for the ‘Uber for Nurses’
The 1:1 ai
Adam D’Angelo’s Endless Quest to Answer Everything
Adam D’Angelo is basking in an “ endless summer ” of artificial intelligence. A few weeks before he and 350 industry peers released a bizarre, one-line statement warning that AI could herald a nuclear-level extinction event, the 38-year-old co-founder of Quora told me he actually sees more upside in AI than downside.