WeWork lost $3.2 billion last year as the pandemic hit occupancy rates in its buildings, according to documents obtained by the Financial Times. The loss represented a slight narrowing from the $3.5 billion WeWork lost in 2019, as the company laid off thousands of employees over the past year. But the company struggled to fill its buildings due to the pandemic. Its occupancy rate fell to 47%...
Get access to exclusive coverage
Read deeply reported stories from the largest newsroom in tech.
The Weekend Crypto AR/VR
“I Felt Like I’ve Been Taking Crazy Pills”: After a Meltdown, Crypto Pros Assess the Damage
Hi, welcome to your Weekend! Feeling numb to the latest Elon Musk scandal, I went looking for another celebrity feud to obsess over for awhile. There was no way I was wading into the toxic cesspool that is Amber vs. Johnny. And I could care less about Ted Cruz’s opinion of Pete Davidson.But the Wagatha Christie trial? Oh, my friends, this is the stuff. The case introduces us to two warring...
Amazon Tests Program to Deliver Goods From Shopping Malls
Google Compromises on App Store Payments Pending Lawsuits
SE Asia Food Delivery and Ride Hailing Firm Grab Sees Rebound
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
Data Point Entertainment
Netflix Cancellations Rise Among Long-Standing Subscribers
Meta and Alphabet Should Get Used to Paying for News