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Masayoshi Son made $72 billion betting on Jack Ma's Alibaba. Now he wants to do it again with AI.

Sat, 02/10/2024 - 06:08

Masayoshi Son — Softbank CEO Masayoshi Son is betting everything on AI.
Tomohiro Ohsumi/Getty Images

Tech, trending-uk, softbank, Alibaba, softbank-vision-fund, sam-altman, AI

Adam Neumann wants to regain control of WeWork. Here's why your office is still open despite the bankruptcy filing.

Fri, 02/09/2024 - 12:29

https://www.businessinsider.com/weworks-nightmare-ipo — WeWork filed for Chapter 11 bankruptcy.
Justin Sullivan/Getty Images

Real Estate, WeWork, adam-neumann, real-estate, Landlords, Bankruptcy, chapter-11

The career rise, fall, and attempted return of Adam Neumann, the controversial WeWork cofounder

Tue, 02/06/2024 - 10:59

wework adam neumann 4 4x3 — Adam Neumann stepped down as WeWork CEO in 2019.
Eduardo Munoz/Reuters; Samantha Lee/Business Insider

Tech, Careers, finance, adam-neumann, tech-ipos, Tech, WeWork

SoftBank has lost more than $14 billion by betting on WeWork

Thu, 11/09/2023 - 09:17

SoftBank founder Masayoshi Son once predicted neverending profit growth for WeWork. — A slide from a presentation given by SoftBank founder Masayoshi Son in November 2019, when he predicted never-ending profit growth for WeWork.
SoftBank

Tech Insider, trending-uk, softbank, WeWork, venture-capital

We should all have the confidence of WeWork's bankruptcy announcement

Wed, 11/08/2023 - 13:54

WeWork sign and Stuart Smalley — WeWork, like Stuart Smalley, believes it's good enough, smart enough, and doggone it people like it.
Sean Gallup / Getty / NBC Universal

Tech Insider, Real Estate, WeWork, adam-neumann, Bankruptcies, softbank, Sears

The definitive account of how WeWork went from a $47 billion valuation to a basket case in just 6 weeks

Thu, 11/02/2023 - 13:50

wework ipo play by play 4x3 — Samantha Lee/Business Insider

finance, Tech Insider, WeWork, adamn-neumann, s-1-filing, bi-graphics, samantha-lee

OpenAI's Sam Altman Says He Has 'No Interest' in Competing With Smartphones

Wed, 10/18/2023 - 13:15

After rumors began to swirl that Sam Altman’s OpenAI tapped Jony Ive on a secret piece of hardware, the company’s wunderkind CEO says he has no plans to compete with the smartphone market.

OpenAI, Sam Altman, Wall Street Journal, ipad, iPhone, Steve Jobs, masayoshi sonson

I went to Vuori's first New York store, and I don't get the hype

Sat, 10/14/2023 - 05:47

composite image: left side is the Vuori store, right side is the author trying on clothes — I tried on clothes at Vuori to see why the company was winning over venture capitalists.
Jennifer Ortakales Dawkins/Insider

Retail, vuori, active-wear, Athleisure, softbank, direct-to-consumer

Softbank chief says that those who don't adopt AI are 'goldfish' who will be 'left behind'

Wed, 10/04/2023 - 07:03

Masayoshi Son — Softbank CEO Masayoshi Son speaking at Softbank's World event 2023.
Tomohiro Ohsumi/Getty Images

Tech Insider, trending-uk, masayoshi-son, softbank, AI

Report: Jony Ive and OpenAI CEO Raise $1B to Design the 'iPhone of AI'

Thu, 09/28/2023 - 09:40

After rumors began to swirl that Apple alum Jony Ive and OpenAI CEO Sam Altman were having collaborative talks on a mysterious piece of AI hardware, it appears that the pair are indeed trying to corner the smartphone market.

iPhone, OpenAI, Jony Ive, ipad, softbank group, Sam Altman, Mac

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