Commonwealth Bank of Australia (CBA) has leased around 1,35,000 sq ft of flexible office space in Bangalore to expand its operation. The new space taken up at WeWork’s Manyata tech park facility in Bengaluru, will see the firm doubling its presence to over 5000 seats. “There are growing numbers of managed office deal that were … Read more
The office-sharing company WeWork made a strong Wall Street debut on Thursday, two years after a previous attempt disintegrated in spectacular fashion. Shares of the venture, revamped with new corporate leaders, shot up nearly 10% to $11.39 shortly after midday, giving it a market value of about $9 billion. The surge comes two days after … Read more
Japan’s SoftBank Group said Monday it is selling British chip designer Arm to US chip company NVIDIA for up to $40 billion, potentially creating a new giant in the industry. If approved, the deal will be one of the largest acquisitions anywhere in the world this year, and will propel NVIDIA to the forefront of … Read more