Edition:
United Kingdom

Sheila Dang

WeWork to lay off 2,400 employees in SoftBank revamp

22 Nov 2019

NEW YORK WeWork said on Thursday it is laying off around 2,400 employees, almost 20% of its workforce, as the office-sharing company seeks to drastically cut costs after it transformed from a Wall Street darling into a pariah in a matter of weeks. | Video

T-Mobile CEO Legere to step down next year

19 Nov 2019

T-Mobile US Inc Chief Executive Officer John Legere will step down next year, the company said on Monday, less than three weeks before it goes to trial to determine the fate of its planned $26.5 billion merger with smaller rival Sprint Corp . | Video

Boost founder says willing to pay up to $2 billion to buy brand from Sprint

18 Nov 2019

Boost Mobile founder Peter Adderton is willing to pay up to $2 billion to buy back the prepaid wireless brand from Sprint Corp , he told Reuters on Monday, a significant potential premium to what satellite TV provider Dish Network agreed to pay for Sprint's entire prepaid wireless business.

Twitter tightens bans on political ads and causes ahead of 2020 U.S. election

15 Nov 2019

Twitter Inc on Friday said its political advertising ban will include references to political candidates or legislation, and it will not allow ads that advocate for a certain outcome on social and political causes. | Video

Twitter set out plans for banning political ads

15 Nov 2019

Nov 15 Twitter Inc on Friday laid out its plan for banning political ads just as campaigns for the 2020 presidential election heat up, and for banning ads that advocate for a certain outcome on social and political causes.

WeWork begins search for a new CEO: sources

12 Nov 2019

WeWork has started a search for a new chief executive following the departure of co-founder Adam Neumann, people familiar with the matter said on Monday, as the U.S. office-sharing start-up seeks to reverse its widening losses. | Video

WeWork still on life support, rivals say it must cut costs fast

06 Nov 2019

NEW YORK SoftBank may be rescuing WeWork with a $9.5 billion (£7.38 billion) cash injection but most rivals say they believe the office space sharing company is still in critical condition.

World News