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After a failed IPO attempt WeWork was set to run out of money by the end of the year. They were looking for new ways to secure additional funding and decided to take on new financing from existing shareholder Softbank. The new deal values WeWOrk at $8 billion down from a previous valuation of $47 billion.…
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Welcome to FinTech on the Blocks morning business update. I will cover 3 topics around business to start off the day. The topics will be Uber and Spotify joining the Libra Foundation, Netflix will announce their last earnings report today before Disney+ and Apple TV+ goes life, and Goldman Sachs announces the Apple Cards successful launch 💯…
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