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TikTok Documentary in the Works From Campfire, Forbes Entertainment, Olive Hill Media (EXCLUSIVE)

TikTok Documentary in the Works From Campfire, Forbes Entertainment, Olive Hill Media (EXCLUSIVE)
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The popular social media app TikTok will be the focus of a new feature documentary from “Coded Bias” director Shalini Kantayya.
The film is the latest offering from the team behind Hulu’s upcoming “WeWork: Or the Making and Breaking of a $47 Billion Unicorn,” which is set to premiere at this year’s SXSW. It’s being produced by Campfire, Forbes Entertainment and Olive Hill Media and will be based on Forbes’ reporting. The filmmakers say they will examine how a “nascent social media app, best known for viral dances, has served as the catalyst for heated controversy and endless conspiracy theorizing involving the U.S., China and a new tech-rooted Cold War that will shape the future of a global shared internet.” ....

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How SoftBank web of companies work together and what could go wrong

Itsuo Inouye/AP; Skye Gould/Insider
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SoftBank has invested in more than 100 tech companies, creating a vast network of businesses.
The Japanese investor wants the companies to work together, which makes them stronger as they grow – but could put them in danger if their peers fail.
A review by Insider offers the first comprehensive accounting of vendor and partner relationships among the group of SoftBank portfolio companies.
In the late 1990s, Masayoshi Son laid out a plan for hundreds of years of growth.
Son s investment firm, SoftBank, could become the world s biggest investor and even sustain sales for 300 years, he said in a recorded video from the time, in part because SoftBank would encourage its companies to work together. ....

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Masayoshi Son's billions multiply on SoftBank mega-rally and SPAC boom

Few fortunes are as volatile as Masayoshi Son’s.
The SoftBank Group Corp. founder was briefly richer than Bill Gates at the start of the century before tech stocks crashed. In March 2020, as markets sank under Covid-19 and questions swirled over SoftBank’s investments, his wealth dipped to $8.4 billion, the lowest since 2016.
Less than a year later, Japan’s second-richest person has more than quadrupled his fortune to $38 billion, according to the Bloomberg Billionaires Index, hitting the highest level since Bloomberg started tracking billionaire wealth in 2012.
The surge is closely tied to the rally in SoftBank shares, which represent more than 95% of his net worth and have climbed almost fourfold from a low at the worst of the pandemic-fueled selloff. The Vision Fund the world’s largest investment pool for tech startups posted its best quarterly profit, while SoftBank sold assets, bought back stock and settled a legal dispute with WeWork Cos. It’s also ....

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WeWork India rolls out upgraded leave policy, slew of initiatives for employees

The firm has also rolled out an option where employees can work from home for five days due to pet adoption. Additionally, to support employees during difficult times of personal loss, the bereavement leave has been extended to 10 days and this extends to pets as well. ....

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The last two Lord + Taylor stores in Connecticut are closed. The struggle to fill those spaces is just beginning.

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The last two Lord + Taylor stores in Connecticut are closed. The struggle to fill those spaces is just beginning.
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A store closing sign hangs on the exterior of the Lord + Taylor store at the Westfield Trumbull mall in Trumbull, Conn., on Sept. 1, 2020.Ned Gerard / Hearst Connecticut Media
The Lord + Taylor era has ended in Connecticut. Now comes the challenge of filling hundreds of thousands of square feet vacated by the oldest department-store chain in the country.
Last Saturday marked the final day of business at Lord + Taylor’s stores in Stamford and at the Westfield Trumbull mall, after the closing at the end of December of its stores at Danbury Fair mall and Westfarms mall in Farmington. The Stamford and Farmington locations are being marketed for potential redevelopment for office space, while the future of the Danbury and Trumbull sites appears less clear. ....

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