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WeWork's new chairman defends payouts to founder, says company will survive

1:38am BST

WeWork's new Executive Chairman Marcelo Claure on Wednesday defended huge payouts to the office-sharing company's founder Adam Neumann and said there is now "zero risk of the company going bankrupt," according to an audio recording of a meeting he held with employees that was reviewed by Reuters.

WeWork's new chairman defends payouts to founder, says company will survive

23 Oct 2019

WeWork's new Executive Chairman Marcelo Claure on Wednesday defended huge payouts to the office-sharing company's founder Adam Neumann and said there is now "zero risk of the company going bankrupt," according to an audio recording of a meeting he held with employees that was reviewed by Reuters.

UPDATE 1-WeWork's new chairman defends payouts to founder, says company will survive

23 Oct 2019

Oct 23 WeWork's new Executive Chairman Marcelo Claure on Wednesday defended huge payouts to the office-sharing company's founder Adam Neumann and said there is now "zero risk of the company going bankrupt," according to an audio recording of a meeting he held with employees that was reviewed by Reuters.

WeWork's new chairman defends payouts to founder, says company will survive

23 Oct 2019

Oct 23 WeWork's new Executive Chairman Marcelo Claure on Wednesday defended huge payouts to the office-sharing company's founder Adam Neumann and said there is now "zero risk of the company going bankrupt," according to an audio recording of a meeting he held with employees that was reviewed by Reuters.

Snap disappoints with fourth-quarter revenue guidance, sending shares down

22 Oct 2019

Snap Inc on Tuesday forecast fourth-quarter revenue largely below Wall Street estimates, sending its shares down 5% in after-market trading.

AT&T's Xandr purchases TV advertising company clypd - source

18 Oct 2019

AT&T Inc's advertising unit Xandr has purchased clypd, an advertising platform that uses data to better target television ads, a source familiar with the matter said, as Xandr seeks to make TV commercials as personally targeted as internet ads.

AT&T's Xandr purchases TV advertising company clypd - source

17 Oct 2019

Oct 17 AT&T Inc's advertising unit Xandr has purchased clypd, an audience-based sales platform for TV advertising, according to a source familiar with the matter, in a move toward Xandr's stated goal of making TV ads as personally targeted as digital ads.

Snap launches dynamic ads to draw more advertisers

17 Oct 2019

Snap Inc. said on Thursday it is introducing dynamic advertising that automatically create ads and target audiences in real-time, as the parent company of photo messaging app Snapchat looks to compete for digital ad dollars.

WeWork to close its WeGrow elementary school in New York next year

11 Oct 2019

WeWork said on Friday it will shut down its WeGrow private school in New York City after the current school year, as the company focuses on its main office-sharing business.

Nets-Lakers game in China sidesteps Hong Kong in NBA preseason marked by tension

10 Oct 2019

A broadcast of a National Basketball Association (NBA) preseason game in Shanghai on Thursday avoided mention of Hong Kong in an event preceded by intense backlash from the Chinese government and fans over a team executive's tweet in support of Hong Kong pro-Democracy protesters.

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