WeWork, down to its last $287 million in cash, is in talks to raise more money and restructure its debt, The New York Times reported. But its largest benefactor, SoftBank, isn’t ponying up more money. The office co-working company is talking to real estate software firm Yardi for more cash. It is also looking to extend the time it has to pay back its more than $3 billion in outstanding debt....
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SpaceX, Klaviyo, LLMs: Highlight Stories From This Week
This week we were treated to not one but two big tech IPOs! Plus, two tech juggernauts—Amazon and Microsoft—held big, flashy product launch events. Through it all, The Information’s newsroom pumped out a string of scoops, analyses and meaty newsletters.
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