Public companies are accustomed to shareholder lawsuits if their stock drops. WeWork, still private, is facing one now—from a former employee—after a huge valuation hit and a cancelled IPO. The former employee, Natalie Sojka, filed a class-action lawsuit in a California court this week. It alleged the company’s payments to former CEO Adam Neumann and the price at which SoftBank plans purchase...
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Microsoft Might Keep Losing in Search and Still Win
Could Microsoft win even if it loses in the next chapter of internet search? That was the question running through my head at an event in Redmond, Wash., earlier today, where Microsoft confirmed reporting from The Information and others when it announced it will remake its Bing search engine using artificial intelligence technology from OpenAI. The new and improved...
Goldman Sachs Asset Management Closes $5.2 Billion Growth Fund
Twitter’s Head of Revenue Strategy & Operations Departs
Meta Beginning Effort to Trim Managerial Ranks
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