Tag: sources

Exclusive: Temasek, Trustbridge target majority stake in WeWork China at $1 billion valuation – sources

BEIJING/HONG KONG (Reuters) – Temasek Holdings and Trustbridge Partners have held talks with WeWork China over increasing their stake in the China branch of the troubled co-working startup to take majority ownership, three people familiar with the matter told Reuters. FILE PHOTO: People are seen outside the building of Wework’s co-working space during the National…

Taliban shifted Western hostages as prisoner swap postponed: sources

PESHAWAR, Pakistan/KABUL (Reuters) – A plan to swap two Western hostages with three Taliban prisoners has been postponed, an Afghan government official told Reuters on Friday, and Taliban sources said the group had moved the Westerners to a “new and safe place”. FILE PHOTO: Anas Haqqani, a senior leader of the Haqqani network, arrested by…

Exclusive: U.S. opens national security investigation into TikTok – sources

NEW YORK/BEIJING/WASHINGTON (Reuters) – The U.S. government has launched a national security review of TikTok owner Beijing ByteDance Technology Co’s $ 1 billion acquisition of U.S. social media app Musical.ly, according to two people familiar with the matter. FILE PHOTO: The logo of TikTok application is seen on a mobile phone screen in this picture…

SoftBank seeks to avoid WeWork's liabilities with new investment: sources

NEW YORK (Reuters) – SoftBank Group Corp (9984.T) is attempting to become the majority owner of WeWork without assuming the onerous lease obligations of the U.S. office-space sharing firm, according to people familiar with the matter. FILE PHOTO: A WeWork logo is seen outside its offices in San Francisco, California, U.S. September 30, 2019. REUTERS/Kate…