The graph is percentage of total production. You can see Chinese production ramps up significantly, which can presumably imply that US production as a percentage of total world production falls off, even if absolute production increases.
WhatsApp servers have been blocked in China forever. I lived there for 13 years and the only time I recall using WhatsApp without VPN was in the early 2010s.
Guys, it’s chapter 11 bankruptcy. Wework is not going out of business. One of the top uses of chapter 11 is to renegotiate/break commercial leases. Wework is going to continue as a company though it may shut down some locations. It is absolutely going to use chapter 11 to pressure landlords to renegotiate leases.
During the second quarter, WeWork lost $397 million. It said it had $680 million of liquidity, $205 million of which was cash.
The company had net long-term debt of $2.9 billion as of June end and more than $13 billion in long-term leases, at a time when rising borrowing costs are hurting the commercial real estate sector.
I don’t know even if they want to continue operating the math isn’t mathing. And commercial landlords are also hurting badly so not sure they are in a position to make some sweetheart deal with WeWork.
WeWork doesn’t own any buildings, has the code base website and brand for its booking site, list of members, and some staff. Cheap 11 will likely remove executives, so all that’s left is the leases as far as a ‘business’. Which are worthless because new ones negotiated now would be way more favorable.
So it’s stripped to a brand and website and soled to Regus I bet.
I don't believe Chapter 11 has a very high survival rate, and whatever would emerge would not resemble WeWork except in name. They're essentially out of business in my mind (but have been for some time now).
market valuation depends on the consensual negotiations of all the stakeholders and consumers of a product don’t have 100% power to control the price. movie studios would love to price content creation at 0 if possible.
i love my iphone mini form factor, but i have to charge mine twice a day. and if i'm traveling, i have to carry an external battery pack, which severely diminishes the form factor advantages.
I've been to several county council meetings as well as committee meetings for different interest groups in my locale. I know it looks like they don't get anything done but it's actually REALLY complicated because literally everyone is a stakeholder. The councilors that I've seen are not bad people and they don't try to lie.
You're painting with a really broad brush if you think all politicians do nothing.
Irrespective of the contents of the leaks, the Trump resistance leaker wrote an Op-Ed for the NYTimes and leaked formally, directly to the media, so of course the media is going to protect its anonymous sources.
This leaker was trying to win an internet flame war on a subculture forum.
Context: Dell has large stakes in both Pivotal and VMware
VMware buys Pivotal. Pivotal's regular shareholders get paid in cash per share ($15). Dell, which owns a separate class of shares, gets paid in VMware shares rather than cash. This is likely because Dell already has a large cash balance and they don't need any more cash.
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