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Showing posts from September, 2019

WIRED Awake October 1: WeWork has withdrawn its IPO

WeWork has withdrawn its IPO Following weeks of  scandal  and the resignation of controversial founding CEO Adam Neumann, The We Company has withdrawn the IPO prospectus for WeWork's planned floatation on the stock market ( VentureBeat ). The SoftBank-backed co-working space rental firm is now said to be planning to slow expansion and make staff redundant to recover from both reported mismanaged and the resulting financial battering it's taken. Read More ...

WIRED Awake September 30: Elon Musk would like you to watch his Starship instead of his labour law violations

Elon Musk would like you watch his Starship instead of his labour law violations A judge ruled on Friday that Tesla – and CEO Elon Musk personally – violated US labour laws, including in a 2018  tweet  by Musk indicating that Tesla workers who joined a union would not have access to stock options, along with other unfair practices such as restrictions on workplace organising, interrogating workers about union activities and the  firing  of pro-union employees ( Reuters ). Conveniently for Musk's place in the news cycle, he's picked this weekend to  reveal  the very large and very shiny prototype of SpaceX's Mk1...

The must-read WIRED stories you missed this week

WIRED Weekender 28.09.2019 these are the biggest wired stories from the past week Google's quantum breakthrough means quantum's finally getting serious In a leaked paper, Google revealed it had built a quantum computer that solved a problem that would take supercomputers 10,000 years. Now things are about to get...