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Feb 6, 2024
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adam neumann must think it is worth potentially buying out of bankruptcy.t is the state of play for the bankruptcy currently for the company? amelia: renegotiating leases. whether the company can get the leases at a place they can afford to pay a better deal. amelia pollard, we knew you would be all over this wework story and the financing. let's get a quick check of the markets. s&p 500 searching for direction. an onslaught of earnings. wavering between gains and losses on the s&p 500. trying to get out its second day of gains. the 10 year yield reacting after loretta mester had spoke earlier in the hour talking about how she is not in a rush to cut rates. the 10 year yield is seeing a move of six basis points lower. well above 4%. nearly four points in percent. that doesn't for mark -- nearly 4.10%. that does it for markets. i am sonali basak. this is bloomberg. ♪ you can make money the hard way as a bullfighter or a human cannonball... or save money the easy way, with xfinity mobile. existing customers can get a free line of our most popular unlimited pl
adam neumann must think it is worth potentially buying out of bankruptcy.t is the state of play for the bankruptcy currently for the company? amelia: renegotiating leases. whether the company can get the leases at a place they can afford to pay a better deal. amelia pollard, we knew you would be all over this wework story and the financing. let's get a quick check of the markets. s&p 500 searching for direction. an onslaught of earnings. wavering between gains and losses on the s&p 500....
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Feb 6, 2024
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, but what is wework without adam neumann?an people even name the last few ceos of the company? maybe this does make sense. maybe this is wework's last shot and they should take him seriously. at least that is what he is arguing. ed: mark milian on the what is next for wework. nvidia and cisco are teaming up to help companies build in-house ai computing. cisco is going to offer nvidia-based equipment popular for developing ai models, along with its own networking gear. herein lies the story. forgeth100, -- forget h100, there are other server components. >> what cisco is offering more than anything else for nvidia is a salesforce. nvidia doesn't have a channel into this world of companies, of corporate data centers, of all of these small to medium, all the way up to large companies that, you know, want to perhaps get in on the ai game, want to perhaps put their own hardware in place but have no real way of doing that. that is what cisco can offer for nvidia here, or at least that is the plan. ed: nvidia processors going to the
, but what is wework without adam neumann?an people even name the last few ceos of the company? maybe this does make sense. maybe this is wework's last shot and they should take him seriously. at least that is what he is arguing. ed: mark milian on the what is next for wework. nvidia and cisco are teaming up to help companies build in-house ai computing. cisco is going to offer nvidia-based equipment popular for developing ai models, along with its own networking gear. herein lies the story....
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Feb 6, 2024
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remarkable to see adam neumann back at the table.has the backing -- his firm, flow, has the backing of andreessen horowitz. and now it appears he's teaming up with dan loeb as well. so far, it appears that the advisers to wework are giving him the heisman. we will see whether now that some of this is public, whether that changes. this has taken on a little bit of a grassroots thing happening here, sorkin. for us, the ars/kernan ticket -- >> said bring back balance, no labels -- >> no labels. >> do you think manchin would get behind us on this? >> i think it's all -- >> i think it's only going to work if becky takes on the secretary of state role. >> i'll stay here, you guys go. i'll stay here. >> becky, you can do a totally remote secretary of state. >> no, every week is davos, no thank you. >> you don't want any ambassador to france? >> no. >> italy. ambassador to italy. >> i like it here. >> ambassador to new jersey? coming up, meta makes a move towards more ai transparency ahead of this year' election. julia boorstin will have tha
remarkable to see adam neumann back at the table.has the backing -- his firm, flow, has the backing of andreessen horowitz. and now it appears he's teaming up with dan loeb as well. so far, it appears that the advisers to wework are giving him the heisman. we will see whether now that some of this is public, whether that changes. this has taken on a little bit of a grassroots thing happening here, sorkin. for us, the ars/kernan ticket -- >> said bring back balance, no labels -- >>...
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Feb 7, 2024
02/24
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adam neumann and other investors are exploring an offer to buy we work out of bankruptcy.berg news shows adam neumann and his real estate firm have been seeking information to formulate a bid. the co-founder steps down after we work's botched attempt at going public. fourth-quarter profit missed expectations for dbs amid signs of pressure on margins. net income rose 2% to 2.3 9 billion singapore dollars, just under the average estimate. the bank says variable pay for the management team has collectively cut by 21% due to a spate of digital banking outages. that includes a 30% pay reduction for the ceo. national australia bank says andrew irvin will replace roz mcewan as chief executive officer. he has been the chief executive for business and private banking since 2020. he will start on april 2 when mcewan will retire from executive roles after more than four years in charge. let's look at the movers we are tracking right now. we are keeping an eye on china ev. select stocks including byd, rising right now. after the government issued guidelines to support exports at the n
adam neumann and other investors are exploring an offer to buy we work out of bankruptcy.berg news shows adam neumann and his real estate firm have been seeking information to formulate a bid. the co-founder steps down after we work's botched attempt at going public. fourth-quarter profit missed expectations for dbs amid signs of pressure on margins. net income rose 2% to 2.3 9 billion singapore dollars, just under the average estimate. the bank says variable pay for the management team has...
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Feb 7, 2024
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adam neumann, this is intriguing, another investor exploring offered to buy wework out of bankruptcy.ter shows he has been seeking information from wework since december to formulate a bid. the co-founder stepped down in 2019 after he -- after going public. disney's espn is teaming up with fox and warner bros. to launch a sports focus streaming service. it will feature major college seen on traditional tv and will be one third owned by each company. pricing is still to be determined. they are expanding its output in japan with plans to build a second plant, the world's largest contract chipmakers says toyota and sony will be minority investors in the project. the facility will be closed to its existing part in southwestern japan and scheduled to begin operations by the end of 2027. u.s. investigators say january's dramatic midair blowout aboard an alaskan airline boeing 737 was triggered by for missing bolts that should've been secured and should have been used to secure a door plaque. let's bring in bloomberg's danny lee who has been following the story from the outset. what were the
adam neumann, this is intriguing, another investor exploring offered to buy wework out of bankruptcy.ter shows he has been seeking information from wework since december to formulate a bid. the co-founder stepped down in 2019 after he -- after going public. disney's espn is teaming up with fox and warner bros. to launch a sports focus streaming service. it will feature major college seen on traditional tv and will be one third owned by each company. pricing is still to be determined. they are...
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Feb 7, 2024
02/24
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we do know, though, that adam neumann has cited sources and we heard from a hedge fund which told cnbcre of a wish rather than a concrete resolution that will go ahead with this. >> all right, we'll keep our eye on that in the weeks ahead. cnbc's silvia amaury live from london, thank you as always. >>> still ahead here on "way too early," far-right republicans in the house declare that donald trump is not an insurrectionist. we'll dig into the desperate attempt to influence court and state officials weighing whether the 14th amendment disqualifies the former president from holding office again. we'll be right back with that. n we'll be right back with that. f. nucala is a once-monthly add-on injection for severe eosinophilic asthma. not for sudden breathing problems. allergic reactions can occur. get help right away for swelling of face, mouth, tongue, or trouble breathing. infections that can cause shingles have occurred. don't stop steroids unless told by your doctor. tell your doctor if you have a parasitic infection. may cause headache, injection site reactions, back pain, and fati
we do know, though, that adam neumann has cited sources and we heard from a hedge fund which told cnbcre of a wish rather than a concrete resolution that will go ahead with this. >> all right, we'll keep our eye on that in the weeks ahead. cnbc's silvia amaury live from london, thank you as always. >>> still ahead here on "way too early," far-right republicans in the house declare that donald trump is not an insurrectionist. we'll dig into the desperate attempt to...
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Feb 6, 2024
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when softbank came in, they gay adam neumann billions and billions of dollars, grow faster, don't worryg money. that's what he did. i know wework from the early days. i understand why he has his fans and how they poured hundreds of millions of dollars into his new venture. because he's extremely charismatic and did build something that was very co compelling and interesting, which is the co-working space. just really got out of hand. you could argue it wasn't a good business model to begin with. his new venture called flow buys up real estate. so you wouldn't have the same problem, the same business model fiasco of wework. so this could be an interesting idea. but again, it kind of just undermining it because the letter from the lawyers implied that dan lobe was committed to sort of a bid and that just wasn't the case. i'm just saying that's what the letter kind of implied and it turns out that that wasn't it. so, i don't know. i don't know who will help neumann finance this thing. i don't know what the future. many people still use wework. it's a great office space. what does it look l
when softbank came in, they gay adam neumann billions and billions of dollars, grow faster, don't worryg money. that's what he did. i know wework from the early days. i understand why he has his fans and how they poured hundreds of millions of dollars into his new venture. because he's extremely charismatic and did build something that was very co compelling and interesting, which is the co-working space. just really got out of hand. you could argue it wasn't a good business model to begin...
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Feb 7, 2024
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adam neumann founded wework back in 2010. it's a tech company that provides co-working spaces, both physical and virtual. but investors concerned about rising debt forced him out in 2019. neumann has sent a letter to wework saying that he is partnering with well known capital sources, including major hedge funds, to buy the company as it tries to emerge from bankruptcy. i'm pam cook, that's a look at your dollars and cents, pam. >> thank you. amid growing concerns about food waste, there's more interest in an app that helps connect unsold food at restaurants and markets with people looking for a discount who don't mind surprises. too good to go. lets people buy food from restaurants and stores that have a surplus. users choose a category and which bundle they want on the app, and then go to the restaurant or store to pick it up. now you don't know exactly what you're getting until you open the package. >> what we do at too good to go is we put those into surprise bags so you will always see the category, whether it's baked go
adam neumann founded wework back in 2010. it's a tech company that provides co-working spaces, both physical and virtual. but investors concerned about rising debt forced him out in 2019. neumann has sent a letter to wework saying that he is partnering with well known capital sources, including major hedge funds, to buy the company as it tries to emerge from bankruptcy. i'm pam cook, that's a look at your dollars and cents, pam. >> thank you. amid growing concerns about food waste,...