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China Roundup: Y Combinator’s short-lived China dream

China Roundup: Y Combinator’s short-lived China dream Hello and welcome back to TechCrunch’s China Roundup, a digest of recent events shaping the Chinese tech landscape and what they mean to people in the rest of the world. Last week, we looked at how Alibaba and Tencent fared in the last quarter; the […]

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WeWork-owned Meetup confirms restructuring, layoffs

WeWork-owned Meetup confirms restructuring, layoffs WeWork’s efforts to cut costs following the ouster of its chief executive officer and a delayed initial public offering looks to be impacting its subsidiaries. Meetup, which WeWork acquired for a reported $200 million in 2017, announced a round of layoffs this morning, TechCrunch has learned. The […]

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Report: SoftBank is taking control of WeWork at an ~$8B valuation

Report: SoftBank is taking control of WeWork at an ~B valuation WeWork, once valued at $47 billion, will be worth as little as $7.5 billion on paper as SoftBank takes control of the struggling co-working business, CNBC reports. SoftBank, a long-time WeWork investor, plans to invest between $4 billion and $5 billion […]

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Senate Intelligence Committee releases first volume of its investigation into Russian election hacking

Senate Intelligence Committee releases first volume of its investigation into Russian election hacking The Senate Select Committee on Intelligence today released the first volume of its bipartisan investigation into Russia’s attempts to interfere with the 2016 U.S. elections. Helmed by Select Committee Chairman Richard Burr, the Republican from North Carolina, and Virginia […]

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