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Welcome to the ’20s, fasten your seat belts

In this week's Trending newsletter, a turning point for SoftBank in Silicon Valley, a staggering tech acquisition and Amazon's transformation.
The 70-year-old billionaire founded Uniqlo in 1984 and has grown its parent company, Fast Retailing, into the largest retailer in Asia, Business Insider previously reported.

Japan’s richest man, Uniqlo founder Tadashi Yanai, is stepping down from the board of SoftBank

A spokesperson said Tadashi Yanai is leaving after 18 years on SoftBank's board to focus on his own business.

Adam Neumann’s golden parachute could balloon to over $2 billion if WeWork goes public

WeWork's cofounder and former CEO reportedly holds a stake in the business that could be worth hundreds of millions.

SoftBank’s clone-like startup founders, and Satya Nadella’s answer to the Bezos leadership principles

In this week's Trending newsletter, we take a look at Masayoshi Son's founder-oriented investing style and Satya Nadella's leadership principles.
WeWork cofounder and former CEO Adam Neumann

Adam Neumann’s $1.7 billion golden parachute could be slashed as SoftBank looks to trim its WeWork rescue deal

Some SoftBank executives have said the WeWork cofounder's exit package is too generous, Bloomberg reported.
SoftBank CEO Masayoshi Son

The WeWork fiasco might cost SoftBank a $2.8 billion loan from Japan’s biggest banks

There's "a definite change in mood" towards SoftBank since the WeWork debacle.
SoftBank CEO Masayoshi Son

SoftBank is reportedly close to taking over a fancy London members’ club that WeWork also wanted to rent

Their interest in Number 20, which KPMG rents for £4.1 million ($5.3 million) a year, suggests their recent troubles haven't tempered their desire for prime real estate.
Masayoshi Son

SoftBank CEO Masayoshi Son told WeWork executives he wants the company to turn a profit by 2021

Masayoshi Son told WeWork executives to look for new sources of revenue as SoftBank attempts to rescue the company.
WeWork co-founder Adam Neumann.

Ousted WeWork CEO Adam Neumann can still reportedly name directors to WeWork’s board, even though he left the company

Even after resigning as WeWork's CEO and chairman, Adam Neumann can still influence the company through its board, according to a new FastCo. report.

Jack Ma, Jedi, and surfing: These are the 10 juiciest details from Fast Company’s deep dive into WeWork

"We haven’t really had a torpedo below the waterline," a WeWork board member told the magazine in April.