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SoftBank Group profit plunges owing to WeWork turmoil

The firm said first-half operating losses from its Vision Fund and Delta Fund came to 572.6 billion yen, largely “due to a decrease in the fair values of investments including Uber and WeWork and its three affiliates”. Net profit in the six months to September sank 49.8 per cent to 421.6bn yen...

‘Pay green prices for green factories’

"Is this practice helpful at all for a sustainable partnership [between suppliers and buyers] or a sustainable RMG industry?" he asked participants at a forum held in Dhaka on Tuesday, and attended by representatives of global apparel brands and campaigners of fair trade.

"Just awarene...

Krispy Kreme orders student to halt doughnut resale service

Jayson Gonzalez, 21, of Champlin, Minnesota, would drive 270 miles (430 kilometers) to a Krispy Kreme store in Clive, Iowa, pack his car with up to 100 boxes, each carrying 12 doughnuts, then drive back up north to deliver them to customers in Minneapolis-St. Paul.

But less than a week...

A Manager's Guide To Toxic Employees | The Power Moves

Accepting dominance hierarchies is indeed a sign of maturity, but rebels are locked into a child role (see Transactional Analysis).And now, even as adults, any outside authority triggers the same parental resistances of their teenage years.But today, instead of slaying the overbearing father, ...

Weak Wi-Fi Security at WeWork Exposes Data | Perimeter 81

With the rise of the mobile and remote workforce, more and more organizations are changing from the outdated cubicle office architecture to the modern coworking space option. Coworking spaces such as WeWork and Green Space offer many different advantages for organizations, from lower office co...

Facebook Acquires New York Startup CTRL-labs For $1 Billion

Andrew Bosworth, Facebook's augmented and virtual-reality vice president, said in a post that, "the vision for this work is a wristband that lets people control their devices as a natural extension of movement." The technology works by sending electrical signals from the spinal cord to the han...