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SoftBank On Verge Of $500M Settlement With WeWork Founder Adam Neumann


SoftBank On Verge Of $500M Settlement With WeWork Founder Adam Neumann
SoftBank Group and former WeWork CEO Adam Neumann, who left the company in 2019 in the wake of an IPO effort that fizzled, are in advanced talks to settle their legal quarrel. Under the terms being discussed, Neumann would receive a $500M payout from SoftBank, The Wall Street Journal reports.
Bisnow/Jon Banister
Former WeWork CEO Adam Neumann at the Creator Awards launch in Washington, D.C., in 2017.
SoftBank would pay about $1.5B to buy out the shares of all of WeWork s early investors and employees, including Neumann, the WSJ reports, citing anonymous sources. That is about half of what the company agreed to previously. ....

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YouTube: Taboo-breaking Libresse ad wins Ad of the Year


YouTube: Taboo-breaking Libresse ad wins Ad of the Year
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YouTube Works an awards platform for YouTube advertisements honoured brands and agencies, as well as the biggest content creators of 2020 in Malaysia. Besides creator channel Les’ Copaque receiving the coveted Diamond Creator Award, the Libresse advertisement called ‘Know your V’ wins Ad of the Year.
The creators of the animated twins Upin & Ipin was not only honoured with having one of their tweets being “most retweeted and liked” in Malaysia, they also celebrated their milestone of 10 million subscribers back in June this year. This would make then Malaysia’s first (and currently, only) YouTube channel to receive the Diamond Creator Award.  ....

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