|
|
Sunday, May 19, 2024
• By Anthony Ha
|
|
Happy Wednesday
SoftBank is putting even more money into WeWork, SAP’s outgoing CEO gets a new job and automated logistics startup Fabric raises $110 million. Here’s your Daily Crunch for October 23, 2019.
|
|
|
|
Confirming earlier reports, The We Company and SoftBank Group have agreed to a new capital infusion, which will see SoftBank committing $5 billion in new financing and issuing a tender offer for another $3 billion in buybacks for shareholders.
After the closing and the tender offer, SoftBank will own approximately 80% of The We Company, according to a statement. However, it will not hold a majority of voting rights, thanks to WeWork’s convoluted ownership structure.
Read more
|
|
Image Credits: Theo Wargo / Getty Images
|
|
|
|
When Bill McDermott announced he was stepping down as CEO at SAP a couple of weeks ago, it certainly felt like a curious move — but he landed on his feet pretty quickly.
Read more
|
|
|
|
Last October, Fabric opened its first micro-fulfillment center in Tel Aviv, giving an inside look into how the company’s system works: Robots move around the warehouse, picking up inventory so human workers can stay at a scanning station.
Read more
|
|
Image Credits: Fabric
|
|
|
|
Do a search on Google’s Play Store in Europe and you’ll find the company’s own Gboard app has an age rating of PEGI 3. But if you do a similar search for the rival Fleksy keyboard app, you’ll find it has a PEGI 12 age rating.
Read more
|
|
|
|
|
Interviews with tech company general counsels — and a survey conducted by TechGC — reveal how innovative in-house attorneys measure both productivity and quality, and position their teams as central to advancing enterprise-wide goals. (Extra Crunch membership required.)
Read more
|
|
|
|
The new Terminator movie — in which Linda Hamilton returns to the role of Sarah Connor — is surprisingly good.
Read more
|
|
|
|
|
Newest Jobs from Crunchboard
|
-
Senior Engineer Manager (CRM Architect) at New York Public Radio (Spring Street, NY 10013, USA)
-
Manager, Applications & Development at City or Overland Park, KS (Overland Park)
-
Sr. Front-End React Developer at Swell (San Francisco, CA, USA)
-
Infrastructure Architect at UCLA HEALTH (Los Angeles, CA, USA)
-
Senior Specialist, Automation (RPA) at Bain & Company (Dallas, TX, USA)
See more jobs on CrunchBoard
Post your tech jobs and reach millions of TechCrunch readers for only $200 per month.
|
|
|
|
|
|