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Saudi Aramco reportedly delays what would be the biggest IPO in history

The world's largest oil company was poised to go public as soon as November and likely become the largest IPO on record.
Uber CEO Dara Khosrowshahi

Uber has laid off hundreds of employees in its third round of cuts this year

Uber Eats and the company's Advanced Technologies Group were among the targeted business groups this time.
WeWork's Adam Neumann is stepping down as CEO. It's been a wild ride.

Here’s everything we know about WeWork exec exits, huge layoffs, and more as the co-working giant looks to right itself after a failed IPO

The tides turned against WeWork after it misjudged appetite for an IPO at a mega-valuation. Now it's planning huge layoffs and unloading businesses.
WeWork's new co-CEOS, Artie Minson, left, and Sebastian Gunningham, are reportedly moving quickly to overhaul its management.

WeWork is now is said to be talking to JPMorgan about a $5 billion credit line and could run out of cash next month without it

The $5 billion amount is bigger than previously reported, and the length of time WeWork may have before running out of cash is significantly shorter.

We just got the latest sign that Saudi Aramco’s record-shattering IPO will soon be a reality

The state-owned oil company will reportedly publish its prospectus in October and list shares on Saudi Arabia's domestic exchange as soon as November.

IPO angst is gripping techies

It may not be a full-fledged panic yet. But Silicon Valley recognizes there is a problem.
Marc Benioff tweeted a selfie with Neumann in December 2017.

Salesforce’s Mark Benioff was a big fan of WeWork’s Adam Neumann — now he’s changed his tune

Benioff praised and shared a selfie with Neumann in the past, but appeared to criticize him at a conference last week.
One Medical Doctors at a gathering at the company's San Francisco headquarters.

One Medical is reportedly gearing up for an IPO

CNBC reports that One Medical has hired JPMorgan and Morgan Stanley ahead of an IPO filing expected by the first quarter 2020.
WeWork cofounder and former CEO Adam Neumann.

WeWork is reportedly seeking a $4 billion lifeline from SoftBank and JPMorgan

The shared workspace group hopes to parlay a $1 billion injection from its largest shareholder into a $3 billion debt deal, Reuters said.
The SmileDirectClub team rings the opening bell at the Nasdaq on Thursday ahead of its first day of trading.

Wall Street is overwhelmingly bullish on SmileDirectClub even after it had the worst US IPO in 12 years. Here’s what analysts are saying.

Analysts have a rosy view of SmileDirectClub — roughly 85% of adults have crooked teeth but less than 1% receive treatment.