Business
Silicon Valley.
Latest
WeWork’s Chairman Marcelo Claure terminates 13 people for abusing vendor policies
Former Sprint CEO Marcelo Claure became the Executive Chairman after SoftBank takeover over 80% of WeWork.
WeWork’s Marcelo Claure – the chairman, has sent a memo to employees that states the company has investigated policy abuse and fired 13 employees. Mr. Laure has further mentioned that…
Sequoia Capital founder Don Valentine Dies at 87
One of the leading American venture capitalists who centered largely on technology companies in Silicon Valley.
Donald T. Valentine the founder of Sequoia Capital died in his home in Woodside, California at the age of 87 of natural causes. As a tribute to Valentine, Sequoia posted…
SoftBank to take charge of WeWork
SoftBank decided to acquire WeWork at an $8 billion valuation.
WeWork, an American commercial real estate company that provides shared workspaces for technology startups, founded in 2010. Eventually, after the ouster of its Co-founder Adam Neumann, the company lost its…
Is Silicon Valley paying enough Tax?
Silicon Valley is facing a new type of tax on its revenue instead of their profits.
In the wake of the 2020 Presidential Election Campaign, Bernie Sanders unveiled his idea of wealth tax. The veteran senator called “ Billionaires shouldn’t exist.. ” last week in Washington.…
WeWork to lay-off 2,000 employees; amid IPO crisis
The company is planning to lay off between 10% and 25% of its workforce.
WeWork planned to cut 2,000 jobs at the end of October 2019 after the failed IPO. WeWork — an American commercial real estate company that provides co-working space to companies…