The We Company has now formally withdrawn the S-1 registration for the IPO it suspended two weeks ago. The proposed equity fundraising of about $3.5bn had been widely expected to fail after being universally panned by investors and analysts. Unsurprisingly, the company decided to cancel the IPO rather than risk it falling flat.
As soon as the first reports were up, the whole affair made no sense. For any journalist all the warning signals should have been up. Still, the mainstream media put it out without checking the […]
Israeli lawmaker Avigdor Lieberman alleged Netanyahu is now supporting a new militia to counter Hamas. Sources told Haaretz last week that an armed group tied to Yasser Abu Shabab has recently begun operating in southern […]
A debate has kicked-off in France about the use of private jets, and the country’s tycoons are on the defensive. Read the article here.
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