Five Things You Need to Know to Start Your Day
A WeWork co-working office space in Berkeley, California.
Photographer: David Paul Morris/BloombergWeWork files for bankruptcy. Elon Musk’s brain implant startup is ready. Apple hits the pause button. Here’s what you need to know today.
Just two years after it went public, the once high-flying real estate business WeWork Inc. filed for bankruptcy without ever having figured out how to make flexible workspaces into a profitable enterprise. It caps a wild ride for a company that began with the idea of re-imagining staid offices as fun places to hang out and grew to a behemoth worth $47 billion at its peak.