SoftBank confirms abandoning its plan to buy $3 billion worth of WeWork shares, citing ‘significant’ criminal and civil investigations

SoftBank confirmed on Thursday it will back away from a $3 billion tender offer to WeWork shareholders. SoftBank said it would be “irresponsible” to continue with the deal, citing multiple, significant criminal and civil investigations into WeWork and its finances among other factors. The deal would have profited ex-CEO Adam Neumann to the tune of […]

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Countries, cities, and health authorities all over the world are suddenly reconsidering their advice that masks don’t protect against the coronavirus

Health authorities are reconsidering their guidance that told most people not to wear masks during the coronavirus outbreak. While health bodies across Europe and the US had told people not to wear masks unless they had symptoms or were treating the infected The WHO and US CDC are now reconsidering, while others have already gone […]

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