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NEW YORK (AP) — Adam Neumann, the ousted co-founder of WeWork, is exploring a deal to buy back the office sharing company after expressing dismay over its bankruptcy process. According to Monday's letter, Neumann and his affiliates have been attempting to obtain information from WeWork necessary for a purchase offer since December but have been met with a “lack of engagement” from the company. Neumann founded WeWork with Miguel McKelvey back in 2010. That debacle led to the ousting of Neumann, whose erratic behavior and exorbitant spending spooked early investors. Japan’s SoftBank stepped in to keep WeWork afloat, acquiring majority control over the company.

Persons: — Adam Neumann, Dan Loeb’s, WeWork, Neumann, “, Miguel McKelvey, Japan’s SoftBank Organizations: The Associated Press, Flow Global Holdings, Associated Press, WeWork, Street Journal Locations: —, New York

☆ Explainer: Why WeWork failed, and what is next
▼ + stars: | 2023-11-07 | by ( ) www.reuters.com time to read: +5 min

A WeWork logo is seen outside its offices in the Queens borough of New York City, U.S., November 7, 2023. WeWork was once the most valuable U.S. startup, worth $47 billion. The following explains WeWork's meteoric rise and fall that reshaped the office sector globally:What is WeWork? Just before WeWork filed for bankruptcy this week, Neumann said, "I believe that, with the right strategy and team, a reorganization will enable WeWork to emerge successfully." WeWork first tried to launch an IPO with Neumann as chief executive in 2019, with its parent, We Company, spending months preparing for the public offering.

Persons: Shannon Stapleton, WeWork, Adam Neumann, Rebekah Neumann, Miguel McKelvey, freewheeling, Neumann, Steve Clayton, Hargreaves Lansdown, Masayoshi Son, Oscar, Jared Leto, Anne Hathaway, Rebekah, Clayton, WeWork's, Cadwalader, Taft, Sam Stovall, SoftBank, Kannaki Deka, Susan Mathew, Anil D'Silva Organizations: REUTERS, Banks, JPMorgan Chase, Company, CFRA Research, Titanic, Thomson Locations: Queens, New York City, U.S, freewheeling Israel, Wickersham, Bengaluru

In September, WeWork said it would begin to renegotiate all its leases and exit certain locations. The company was renting nearly 20 million square feet of office space in June, more than any other company in the United States. Monday’s actions will not affect WeWork franchises outside the United States and Canada, the company said. WeWork’s demise is a blow for landlords who have leased a large proportion of their space to the company. It focused on leasing, rather than buying, office space and parceling it out to customers that included freelancers, small businesses and larger corporations.

Persons: WeWork, ” WeWork, Adam Neumann, Miguel McKelvey Locations: United States, Canada, WeWork, Lower Manhattan

☆ WeWork Has Sent a Distress Signal. Here’s What to Know.
▼ + stars: | 2023-08-09 | by ( Santul Nerkar | ) www.nytimes.com time to read: +1 min

WeWork, which promised to revolutionize the way people work alongside one another, announced in a financial filing on Tuesday that it had “substantial doubt” it would stay in business. That declaration raises questions about not only the company’s viability but also the future of commercial real estate. Here’s what you need to know about WeWork’s past and prospects. WeWork was founded in 2010 by Adam Neumann and Miguel McKelvey, tech entrepreneurs who used the funds from the sale of their previous co-working start-up, Green Desk. WeWork’s vision was to create a “physical social network” that would appeal to a new class of workers who were freelancing or working from home.

Persons: WeWork, Adam Neumann, Miguel McKelvey Organizations: Green

☆ How the generative A.I. boom could forever change online advertising
▼ + stars: | 2023-07-08 | by ( Jonathan Vanian | ) www.cnbc.com time to read: +10 min

Meta, Alphabet and Amazon , the leaders in online advertising, are all betting generative AI will eventually be core to their businesses. In May, Meta announced its AI Sandbox testing suite for companies to more easily use generative AI software to create background images and experiment with different advertising copy. However, Shaked said he's "not sold on the creative piece yet," regarding Meta's nascent foray into providing generative AI tools for advertisers. Jay Pattisall, an analyst at Forrester, said several major hurdles prevent generative AI from having a major immediate impact on the online ad industry. Stacy Reed, an online advertising and Facebook ads consultant, is currently incorporating generative AI into her daily work.

Persons: Sebastien Bozon, ChatGPT, Shane Rasnak, Rasnak, Cristina Lawrence, Lawrence, Mark Zuckerberg, Andrew Caballero, Reynolds, Yarden Shaked, Shaked, Jay Pattisall, Forrester, Pattisall, Reddit, Scott McKelvey, OpenAI, McKelvey, that's, Meta, Stacy Reed, it's, Reed, they've, Ryan Reynolds Organizations: AFP, Getty, Facebook, Twitter, CNBC, Meta, Meta's, Georgetown University, Bloomberg News, Mint Mobile, Social Locations: Utah, San Francisco, Washington

☆ Hindenburg takes aim at Dorsey's payments firm Block, shares plunge
▼ + stars: | 2023-03-23 | by ( Manya Saini | ) www.reuters.com time to read: +5 min

Block shares fell as much as 22% before paring losses and were last down 14% at $62.61 in afternoon trading. After reviewing the full report, Block said it was "designed to deceive and confuse investors". Hindenburg said that Block "obfuscates" how many individuals are on the Cash App platform by reporting misleading "transacting active" metrics filled with fake and duplicate accounts. The app had 51 million monthly transacting actives, a 16% year-over-year increase during December 2022, Block said in fourth-quarter earnings letter. "What I am really concerned about is the Cash App, accusations of fraud, multiple accounts, opening accounts and fake names.

☆ Hindenburg shorts Jack Dorsey's payments firm Block, shares plunge
▼ + stars: | 2023-03-23 | by ( ) www.reuters.com time to read: +2 min

[1/2] The logo of Cash App is seen at the main hall during the Bitcoin Conference 2022 in Miami Beach, Florida, U.S. April 6, 2022. REUTERS/Marco BelloMarch 23 (Reuters) - Hindenburg Research on Thursday disclosed short positions in Block Inc (SQ.N) and alleged that the Jack Dorsey-led payments firm overstated its user numbers and understated its customer acquisition costs. Shares of Block slid 20% to $57.85 in premarket trading following the report. Hindenburg added that Block "obfuscates" how many individuals are on the Cash App platform by reporting misleading "transacting active" metrics filled with fake and duplicate accounts. Founded in 2017 by Nathan Anderson, Hindenburg is a forensic financial research firm that analyses equity, credit and derivatives.

☆ Charlamagne Tha God Calls DeSantis 'Genius' Over Martha's Vineyard Migrants
▼ + stars: | 2022-09-19 | by ( Natalie Musumeci | ) www.businessinsider.com time to read: +2 min

Ron DeSantis for his Martha's Vineyard migrants stunt. Last week, 50 migrants were flown to Martha's Vineyard in a move orchestrated by DeSantis. Ron DeSantis for his "genius" move of dumping dozens of migrants on the Massachusetts island of Martha's Vineyard unannounced. Charlamagne tha God, whose real name is Lenard Larry McKelvey, made the comments last week on his Comedy Central late-night talk show, "Hell of A Week with Charlamagne tha God." Residents in Martha's Vineyard scrambled to care for the migrants, who have since been sent to a military base to stay.

☆ Small-business owners may be particularly at risk of burnout. Here are 3 ways to avoid and beat burnout, including writing a 'don't do' list.
▼ + stars: | 2022-09-14 | by ( Rebecca Knight | ) www.businessinsider.com time to read: +7 min

InsiderStudies and surveys suggest small-business owners and entrepreneurs are at risk of burnout. This article is part of Talent Insider, a series containing expert advice to help small business owners tackle a range of hiring challenges. Some studies suggest that small-business owners and entrepreneurs are particularly at risk. In a survey conducted in March by Capital One, 42% of small-business owners said they'd struggled with burnout in the past month. Insider spoke with three experts, including a highly successful serial entrepreneur, about how founders and small-business owners can keep burnout at bay.

În anul 2019, Moldova a produs 60,5 de mii de tone de carne, potrivit Biroului Național de Statistică (BNS). Companiile de producere a cărnii sunt vizitate regulat de comisii internaționale care verifică procesul, pentru a stabili compatibilitatea unui produs cu standardele europene. „Deocamdată, nu satisfacem cerințele necesare pentru exportul în Uniunea Europeană, atât de carne, cât și de ouă și lapte”, remarcă Iuliana. Soluții: carne în „eprubetă”Pentru a reduce consumul mult prea mare de carne, în 2012, autoritățile din Argentina au lansat o mișcare care încurajează oamenii să renunțe la carne o dată pe săptămână. În 2018, rețeaua globală de imobiliare WeWork a introdus o tactică pentru a susține consumul mai mic de carne în interiorul companiei.

Persons: Artur Gorea Iuliana, Artur Gorea, Artur, Aberdeen Angus, El, Mariana Rufa, Iuliana Cantaragiu, Iuliana, Veterinară, Alexandru Novițchi, Peștereanu, Mihaela, Iuliana Cataragiu, Miguel McKelvey Organizations: Uniunii Europene, Ministerul, Uniunea Europeană, WeWork Locations: Budăi, Telenești, România, Aberdeen, Moldova, Orhei, Republica Moldova, Rusia, Ucraina, Moldovei, UE, Republicii Moldova, SUA, Rogob, Argentina, Canada, Belgia, Australia, Olanda, Memphis, America

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