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Singapore startup PropertyGuru just killed a S$330m IPO due to ‘market uncertainty’

Chairman Olivier Lim said the company had taken the "current IPO market sentiment"  into account.

WeWork cofounder Adam Neumann is expected to step down as the company’s chairman — in exchange for a reported $1.7 billion buyout. Here...

Neumann has spent $80 million on five or more homes since founding WeWork in 2010. His latest purchase: a $21 million home in the Bay Area.
Common Area in WeWork's 500 Dalian Lu location in Shanghai.

The history of WeWork — from its first office in a SoHo building to pushing out CEO and cofounder Adam Neumann

Cofounder Adam Neumann is expected to step down as chairman after leaving his CEO post in September — here's the history of his co-working startup.
WeWork cofounder Adam Neumann would see a $200 million payout under a takeover deal proposed by SoftBank.

SoftBank is planning on paying Adam Neumann $200 million to step aside if it takes over WeWork

SoftBank would pay Neumann $200 million. In return, he'd leave WeWork's board, give up his voting shares — and reportedly back SoftBank's bid.

Saudi Aramco reportedly delays what would be the biggest IPO in history

The world's largest oil company was poised to go public as soon as November and likely become the largest IPO on record.
Uber CEO Dara Khosrowshahi

Uber has laid off hundreds of employees in its third round of cuts this year

Uber Eats and the company's Advanced Technologies Group were among the targeted business groups this time.
WeWork's Adam Neumann is stepping down as CEO. It's been a wild ride.

Here’s everything we know about WeWork exec exits, huge layoffs, and more as the co-working giant looks to right itself after a failed IPO

The tides turned against WeWork after it misjudged appetite for an IPO at a mega-valuation. Now it's planning huge layoffs and unloading businesses.
WeWork's new co-CEOS, Artie Minson, left, and Sebastian Gunningham, are reportedly moving quickly to overhaul its management.

WeWork is now is said to be talking to JPMorgan about a $5 billion credit line and could run out of cash next month without it

The $5 billion amount is bigger than previously reported, and the length of time WeWork may have before running out of cash is significantly shorter.

We just got the latest sign that Saudi Aramco’s record-shattering IPO will soon be a reality

The state-owned oil company will reportedly publish its prospectus in October and list shares on Saudi Arabia's domestic exchange as soon as November.

IPO angst is gripping techies

It may not be a full-fledged panic yet. But Silicon Valley recognizes there is a problem.