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WeWork confirms it has laid off 300 employees

Co-working juggernaut WeWork (now known as the We Company) has laid off 3 percent of its global workforce, or roughly 300 employees, the company told TechCrunch. The heavily funded business, most recently valued at a whopping $47 billion, employs 10,000 people around the world.

Facebook sues four Chinese companies over trademark infringement

As Facebook notes in the filing, “According to their websites, these Defendants… engage in the registration and sale of accounts, in bulk, for various social networking sites.” When we looked into one of the websites, 9xiufacebook.com, we found that most people discovered it through a Chinese web search for “Facebook account purchase.”

Lyft unveils its S-1 and nearly $1B in 2018 losses

The day has finally come. U.S. ride-hailing giant Lyft has unveiled its S-1, the official document required by the Securities and Exchange Commission to go public.

Apple is offering interest-free financing to boost iPhone sales in China

Apple is looking to get over its sales woes in China but offering prospective customers interest-free financing with a little help from Alibaba.

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