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WeWork to lay off 2,400 employees in SoftBank revamp

WeWork is laying off around 2,400 employees globally, as the office-sharing company seeks to drastically cut costs and stabilise its business after it transformed from a Wall Street darling into a pariah in a matter of weeks. WeWork had become bloated, was diversifying into all kinds of areas and was expanding at a breakneck speed without any clear route to profitability.

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Discord abandons Microsoft acquisition talks: Report

Discussion platform Discord, popular among amateur video game players, has halted acquisition talks with Microsoft and is instead considerin...

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