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SoftBank-backed construction giant Katerra said to be shutting down after raising billions

After burning through more than $2 billion in funding, SoftBank-backed construction startup Katerra has told employees that it will be shutting down operations, according to a report in The Informatio

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Shared workspaces gain popularity amid COVID-19 pandemic

01:30 With a large common space, reasonable layout and convenient locations, co-working spaces were the fastest-growing type of office space in commercial real estate b

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Casa Blanca raises $2.6M to build the ‘Bumble for real estate’

Casa Blanca, which aims to develop a “Bumble-like app” for finding a home, has raised $2.6 million in seed funding.Co-founder and CEO Hannah Bomze got her real estate license at the age of 18 and work

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Equity Monday: Stripe’s epic new valuation, Deliveroo’s IPO, and WeWork numbers

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines.This is Equity Monday, our weekly kickoff that tracks the latest private

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Scrum Ventures launches new program to connect startups with Japanese corporations

Masami Takahashi, the president of Scrum StudiosHeadquartered in San Francisco and Tokyo, Scrum Ventures is known for its accelerator programs focused on sports, food and smart city tech. Today it ann

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SoftBank kills half the performance incentive for its Vision Fund execs

SoftBank reported earnings today, including the performance of its $98.6 billion Vision Fund. The numbers were enticing given the recent exit of DoorDash, which returned billions to SoftBank and repre

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WeWork is apparently doing better, not that SoftBank wants you to talk about that

SoftBank’s earnings always leads to a bonanza of news. One storyline that has dominated the company’s earnings over the past few years that has all but disappeared though is WeWork.The co-working comp

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Dongnae raises $4.1 million to digitize real estate in South Korea

Despite the pandemic keeping us in one place most of the time, proptech is still taking off. And not just in the U.S.Dongnae is looking to digitize the rental and home buying market in South Korea. Th

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E-scooter startup Tier raises $250 million round led by SoftBank Vision Fund 2

Berlin-based micro-mobility startup Tier has raised a significant Series C round of $250 million. SoftBank Vision Fund 2 is leading the round, which proves that the Vision Fund team is still focused o

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WeWork employees used an alarmingly insecure printer password

A shared user account used by WeWork employees to access printer settings and print jobs had an incredibly simple password — so simple that a customer guessed it.Jake Elsley, who works at a WeWork in

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WeWork China gets $200 mln investment, appoints new acting CEO

A WeWork office seen in Beijing, China, October 2, 2018. /VCG Office-sharing startup WeWork's China unit has received an additional 200 million U.S. dollars in funding from existing investors

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WeWork sells majority stake in Chinese entity, seeks localization

Four years after its foray into the Chinese market followed by rapid and cash-hemorrhaging expansion, WeWork decided to wind down its involvement in the country.WeWork’s Chinese unit has secure

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Embattled SoftBank renews talks on taking the group private: FT

SoftBank Group Corp. executives are considering taking the Japanese technology group private as the company seeks a new strategy after disposing of several large assets, the Financial Times reported

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SoftBank Vision Fund 2 leads $100 million Series C in digital therapeutics company Biofourmis

Biofourmis, which combines AI-based data analytics and biosensors to monitor the progress of medical treatments, has raised funding from one of the world’s most high-profile investors. The digital the

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Eden intros SaaS tools in a bid to become a more comprehensive office management platform

Eden, the office management platform founded by Joe du Bey, is today announcing the launch of several new enterprise software features. The company, which offers a marketplace for office managers to p

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Amazon will add 3,500 tech and corporate jobs across six US cities

Amazon today announced an upcoming hiring spree set to bring 3,500 jobs to a half-dozen U.S. cities. The news is, of course, particularly notable amid a pandemic that has cause many industries to fre

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When choosing a tech stack, look before you leap

When it comes to choosing a tech stack, the decisions you make today could have a cascading impact for years. On one hand you want to be cool and modern, but on the other, you want to build with techn