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DARK SECRETS: Wework - The Real Truth

SoftBank Vision Fund CFO Navneet Govil exits after a decade as AI bets take centre stage

Navneet Govil, the chief financial officer of SoftBank's Vision Fund, is departing after a decade. His exit comes as the investment giant, known for its high-stakes bets on startups like WeWork, undergoes restructuring and shifts its focus towards AI. SoftBank will soon announce transition plans for his responsibilities.

The Economic Times

Ken Griffin's Citadel companies just hired 350 interns—only 0.36% of over 115,000 young applicants made the cut

Financial holding giant Citadel is recruiting more entry-level talent for its internship than ever before. It’s a welcome opportunity in a dire market for Gen Z.

Fortune

When IPOs go wrong: SpaceX, AI firms face a delicate process

As SpaceX, Anthropic, and OpenAI eye massive IPOs, their leaders face Wall Street's scrutiny. Past market debuts offer cautionary tales, from Google's Playboy interview during a quiet period to Zuckerberg's casual attire. Executives must navigate roadshows and regulatory filings carefully to avoid costly missteps and ensure investor confidence.

The Economic Times

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WeWork CEO John Santora's warning to senior leaders on Gen Z: 'AI is not going to provide empathy, leadership, and mentoring.'

Young professionals face a tough job market, with AI's rise causing anxiety. However, experts suggest this is a cyclical shift, not an AI-driven job apocalypse. Many are embracing freelance work for flexibility. While AI impacts some freelance roles, human skills like empathy and leadership remain crucial for career success, offering…

The Economic Times

The big questions OpenAI’s trillion-dollar IPO filing may finally answer

A public listing would be one of Silicon Valley’s biggest wealth events, but OpenAI’s filing may also expose the financial and existential risks at the heart of the AI boom.

Fortune

WeWork and Upwork CEOs confirm the Gen Z hiring nightmare is real—but it's nothing new

WeWork CEO John Santora says it's time for older generations to step up and mentor entry-level workers.

Fortune

Ex-London Pride CEO admits contempt of court after stoush over event’s social media and bank accounts

Christopher Joell-Deshields ‘failed to deliver up’ documents, a WeWork pass and a SIM card

The Independent UK

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WeWork’s latest comeback bet fits inside a phone booth

Also: All the news and watercooler chat from Fortune.

Fortune

3 Energy Stocks to Buy as AI Power Demand Surges—and 2 to Avoid

Energy demand from AI is surging. Altimetry highlights MasTec, Regal Rexnord and EQT as top energy plays, while warning investors to avoid CoreWeave and Oklo.

MarketBeat

Revolut, Monzo or Santander: Which is the best premium bank account?

From sausage rolls to Tinder Gold, see what extras you can get with a paid-for current account

The Independent UK

Amazon and JPMorgan led the Fortune 500 in returning to the office 5 days a week. Now they’re leading a coworking comeback

A year after the return-to-office push, larger companies are turning to shared spaces to fill their office needs.

Fortune

Wall Street prepares for a $3 trillion IPO gusher

Elon Musk's SpaceX says it is planning to go public next year. That could open the floodgates.

Axios

The Liz Truss Show will confront the big issues of the day. For example: who on earth would watch Liz Truss?

Everyone’s favourite former PM is back! Her mission? To save Britain from its current ‘doomloop’ with, you guessed it, a YouTube talkshow, says Guardian columnist Marina Hyde

The Guardian - UK

Ace Investor Vinod Khosla Blasts Windsurf Founders For Abandoning Team After $3 Billion OpenAI Deal Fell Apart: 'I Would Not Work With The WeWork Founder Either'

Over the weekend, billionaire venture capitalist Vinod Khosla criticized the co-founders of AI startup Windsurf for walking away from their team after a failed multibillion-dollar acquisition by ChatGPT-parent OpenAI.

Benzinga

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Everybody Loves Your Money

9 Famous Companies That Are Restructuring to Avoid Collapse

Across the globe, big-name companies are quietly fighting for survival. Beneath the polished marketing campaigns and glossy annual reports, some of the most recognizable brands are battling declining profits, changing markets, and mounting debt.

Fortune

The nine lives of Masayoshi Son

Leading OpenAI's record-breaking $40 billion funding round shows the tech investor's knack for seizing big opportunities.

The Conversation

Beyond the garage: How important are spaces to business creation?

There is an enduring myth that many technological innovations have come out of garages, bedrooms and basements.

The Conversation

Meditation and mindfulness at work are welcome, but do they help avoid accountability for toxic culture?

In an age when home offices, hybrid work arrangements and blurred boundaries between work and personal life are the norm, a recently established narrative is intensifying: the integration of spirituality into business.

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news in one place.

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International Business Times

'They Don't Have The Money,' Elon Musk Says Of $500B OpenAI-SoftBank-Oracle AI Project Stargate

U.S. President Donald Trump announced Stargate, a $500 billion AI infrastructure project that's expected to provide 100,000 jobs and boost the American economy, but Elon Musk believes the three companies leading the project don't have the funds.

Barchart

Beware the Charisma Trap: How Magnetic Leaders Mislead Investors

Explore how leader charisma can mislead investors, with historical examples and investment tips.

Fortune

The rise of the neurodivergent-friendly office—How a once-niche workplace idea is catching in corporate America

Quiet spaces, different lighting and heat-controlled rooms are becoming more common requests for office designers.

The Independent UK

Japan's SoftBank returns to profit after gains at Vision Fund and other investments

Japanese technology conglomerate SoftBank Group swung back to profitability in the July-September quarter, boosted by its Vision Fund investments

Fortune

The ‘flagship office’ is on the rise—and it uses the principles of the experience economy to coax employees back to their desks

These carefully redesigned built environments, compelling stories, and authentic experiences would in fact be well worth an admission fee.

Fortune

Why Silicon Valley falls prey to ‘charisma distortion,’ according to investor and Google X founding member Tom Chi

Silicon Valley loves a charismatic visionary. Sometimes a little too much, like when that vision outstrips reality. I recently talked about this with Tom Chi, once a founding member of Google X and now founding partner at At One Ventures.

The Guardian - UK

Elon Musk is opening another school. Expect a very un-woke curriculum

The billionaire has been obsessed with education since pulling his kids out of ‘regular school’ 10 years ago. And he’s far from the only celebrity to dabble

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People

Christopher JoellDeshields

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