$47 billion to $280 million: What went wrong at WeWork?
A day after office co-working start-up WeWork revealed there was “substantial doubt” about its ability to continue, its share price has dropped again. But how did it get here?
A day after office co-working start-up WeWork revealed there was “substantial doubt” about its ability to continue, its share price has dropped again. But how did it get here?
Neuralink confirmed via X, formerly Twitter, that the US$280 million (AU$428 million) funding round was led by Peter Thiel’s Founders Fund.
Cyble, which pegs itself as Google for the dark web, raised US$24 million (AU$36 million) in its Series B funding round in early August.
The video conferencing platform that took off during COVID-19 is ironically asking its employees to return to the office.
A new biotech incubator in Melbourne, the Jumar Bioincubator, operated by Cicada Innovations, has put a call-out to early stage start-ups looking to scale their ventures.
Rodrigo Pizarro, the current chief executive of L’Oréal Groupe’s Australian and New Zealand arm will move to a new role within the company, and the company’s Greece CEO, Alex Davison, will assume his role.
An aircraft searching for the missing submarine sent on an expedition to the Titanic wreckage has reportedly detected “banging” sounds.
Design juggernaut Adobe’s US$20 billion bid to purchase cloud-based design platform Figma is reportedly under investigation by EU regulators over anti-competition concerns. That could be good news for Australian Adobe-rival, Canva.
Speaking at a press conference at VIVA Tech Paris on June 15 deputy CEO of L’Oréal Group, Barbara Lavernos, says hyper-personalisation is the next frontier for beauty companies, and hers is ahead of the rest.
Australian fintech Zip Co has entered a trading halt as it undertakes a capital raise and liability management exercise.