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24/7
Headlines
17:14
Full list of Israeli startup M&As in 2025
17:06
Coho AI shuts down, Yotpo to integrate employees amid quiet exit
15:22
Deni Avdija tops list of Israel’s highest-paid athletes with over $15M
14:35
Bitcoin emerges as unlikely safe haven in tariff-fueled crisis
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Intel revives its iconic brand as it fights for relevance
2
Coho AI shuts down, Yotpo to integrate employees amid quiet exit
3
OrCam closing glasses department, cutting dozens of jobs in third round of layoffs this year
4
Alex Bouaziz just had his "oh shit" moment—What happens next?
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Deel’s PR head exits as espionage scandal rocks HR tech firm
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SoftBank
20 stories about SoftBank
WeWork’s Problems Are Bigger Than Neumann
25.09.19
|
Sophie Shulman
WeWork’s co-founder is just a symptom: an enthusiastic young man who flew too high too fast with the support of his investors. SoftBank and WeWork’s real problem is the latter’s business model, and that’s going to be a lot harder to fix
As Tensions Come to a Head, Adam Neumann Steps Down as WeWork CEO
25.09.19
|
CTech
He will be replaced by former chief financial officer Artie Minson and former vice-chairman Sebastian Gunningham, effective immediately
WeWork CEO Adam Neumann Begins Talks About his Role, Report Says
24.09.19
|
CTech
After a week of reports that hinted at Neumann’s dwindling support among board members and shareholders, Reuters reported Monday the founder could end up stepping down
SoftBank CEO Joins Call to Remove WeWork’s Adam Neumann as CEO, Report Says
23.09.19
|
CTech
SoftBank believes a change in WeWork's leadership will be "for the long-term benefit" of the company, according to CNBC
Update: With a Slashed Valuation, WeWork Confirms it Is Postponing its IPO
17.09.19
|
CTech
WeWork had planned to begin its IPO roadshow next week on Monday, but is likely to shelve it until at least next month, The Wall Street Journal reported Tuesday
SoftBank to Use WeWork IPO to Increase Stake, Report Says
15.09.19
|
CTech
On Tuesday, Reuters reported that SoftBank is pressuring the co-working giant to shelve its IPO due to its drastically slashed target valuation
Despite SoftBank’s Pressure, WeWork Moves Ahead With IPO, Report Says
11.09.19
|
CTech
WeWork has now further cut its target valuation to between $15 billion and $18 billion, Reuters reported
SoftBank Pressures WeWork to Suspend IPO, Report Says
10.09.19
|
CTech
The move came after WeWork started considering listing at a valuation of $15 billion to $20 billion, according to a report by the Financial Times
WeWork's Troubles, SoftBank's Problem
08.09.19
|
Sophie Shulman
SoftBank has already been burned by the lackluster IPOs of Uber and Slack. The current chaos surrounding WeWork’s upcoming IPO and the cut to its valuation could call SoftBank’s business model into question
WeWork Files Confidential IPO Prospectus
30.04.19
|
Sophie Shulman
WeWork's potential IPO comes at a time where other tech juggernauts such as Lyft, Pinterest, and Uber are listing
SoftBank Leads $300 Million Round for Online Insurer Lemonade
11.04.19
|
Meir Orbach
The investment brings Lemonade's total funding to date to $480 million. The company, which offers customizable property and casualty insurance policies at a flat monthly rate in 27 U.S. states, is now expanding to Europe
Arm to Let Employees Go as Part of Global Re-Alignment of its IoT Group
03.04.19
|
Hagar Ravet
The company is currently in the process of laying off several dozen Israeli employees, according to one person familiar with the matter
WeWork Landed Additional $2 Billion From SoftBank, Rebrands as The We Company
09.01.19
|
Tofi Stoler
In October, the Wall Street Journal reported that SoftBank was in talks to invest between $15 billion and $20 billion in the shared real estate company
SoftBank Ventures Invests in Fourth Israeli Startup, Venture Partner Says
03.01.19
|
Meir Orbach
Once completed, the transaction will bring the fund’s total investment in Israeli companies to about $20 million, according to Benjamin Weiss, venture partner at SoftBank Ventures Asia
SoftBank Corporation Commits Another $3 Billion to WeWork
14.11.18
|
Lilach Baumer
The new investment, made in the form of a warrant, gives WeWork an estimated company valuation of $42 billion
SoftBank, Walmart, Airbus Partner with Israeli Startup Foundry Team8
23.10.18
|
Amarelle Wenkert
Team8 announced it has raised a second $85 million fund from an “international coalition” of strategic partners in an event in New York City
SoftBank Considers Majority Stake in WeWork, Report Says
10.10.18
|
CTech
The Japanese group might invest $15 billion to $20 billion in the co-working company, the Wall Street Journal reported
CTech’s Thursday Roundup of Israeli Tech News
14.06.18
|
CTech
Israeli defense contractor IAI reveals “suicide” drone. LR Group sets up biotech startup hub at Jerusalem medical center
SoftBank Subsidiary Arm to Establish Labs in Israel in Partnership with Telco
14.06.18
|
Lilach Baumer
Network technology firm Telco Systems turned to Arm for the collaboration as the company continues a pivot from hardware to software
Mobile Security Company Zimperium Acquires Mi3 Security
14.06.18
|
CTech
The two companies plan to combine their teams and integrate their technologies to offer stronger cyber threat detection and security for mobile phones
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