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Technology

SoftBank Group, the multi-billion dollar Japanese technology conglomerate and investment firm, has put together a bid that would save WeWork parent company We Co., just weeks before the co-working real estate companyimminent collapse, The Wall Street Journal reports.
With the collapse of the companyplanned initial public offering, We Co. is facing a cash crunch. The company was planning to raise billions of dollars in debt on the heels of its public offering to finance its continued operations.
The botched public offering already cost We Co. co-founder Adam Neumann his leadership position at the co-working rental business he co-founded roughly a decade ago. The new financing pitch that SoftBank has put together would further remove Neumann from the companyoperations and business, according to the WSJreporting.
SoftBankpitch isn&t the only lifeline for We Co. According to the WSJreporting therea plan in the works to raise billions of debt through a process being managed by JPMorgan Chase - Co.
&WeWork has retained a major Wall Street financial institution to arrange a financing,& a spokesperson for We Co. wrote in an email. &Approximately 60 financing sources have signed confidentiality agreements and are meeting with the companymanagement and its bankers over the course of this past week and this coming week.&
SoftBank already owns about one-third of the company and their bid for the business would involve billions in equity and debt.
The struggles at We Co. coupled with underperforming investments in publicly traded companies like Uber and Slack have damaged SoftBank just as the company was hoping to move forward with a second version of its ambitious Vision Fund, a $100 billion investment vehicle formed in 2017 to invest in ambitious startup companies.
The results have been lackluster. And itnot just public companies like Slack and Uber that are dragging down the fund. Investments in direct to consumer companies like Brandless, or the robotic pizza delivery startup Zume have also failed to deliver — despite hundreds of millions in commitments from SoftBank.
SoftBank did not respond to a request for comment at the time of publication.
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Read more: SoftBank reportedly preps a package to take control of WeWork parent company
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Earlier this year, Nvidia's Lightspeed Studios revitalized a classic by giving id Software's seminal first-person shooter Quake II an RTX-enabled makeover. This effectively granted a 20-year-old title the power to bring modern gaming PCs to their knees when played at high resolutions.
Now, the studio is planning to remaster a number of other
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Read more: Nvidia is bringing ray tracing to more classic PC titles
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We all agree: &The Politician& is a crazy show that tries to do everything at once.
After all, why settle for a fast-talking satire about a high school election; a more serious treatment of wealth, illness and emotional turmoil;or a showcase for the musical talents of &Dear Evan Hansen& star Ben Platt? Instead, why not watch a show that tries to encompass all of that and more?
Still, the hosts of the Original Content podcast found themselves split on whether they actually liked it. Jordan and Darrell admitted that they were strangely compelled by the whole thing, but they ultimately found the mixture of gaudy production design, over-the-top melodrama and serious emotion to be exhausting.
Anthony, meanwhile, couldn&t defend the showtreatment of weighty subjects like suicide, but he was still delighted by the rapid-fire dialogue and &The Politician&‘s apparent determination to entertain at all costs.
This is Ryan Murphyfirst production for Netflix — and since the &Glee& and &American Horror Story& creator signed a $300 million deal with the streaming service last year, the show is attracting extra scrutiny.
In this case, Murphy created the series with his &Glee& co-creators Brad Falchuk and Ian Brennan. Platt stars as Payton Hobart, the titular politician, with each season focusing on a different election in Paytoncareer, starting with his run for high school president.
The show mines the gap between the grandness of Paytonambition and the triviality of the election for laughs, but that contrast also makes it hard to take Payton seriously at all. And while Jordan and Darrell admire the incredible cast (which also includes Jessica Lange, Gwyneth Paltrow and Bette Midler), they had a particularly hard time with the season finale, which they argue was little more than a trailer for season two.
You can listen in the player below, subscribe using Apple Podcastsor find us in your podcast player of choice. If you like the show, please let us know by leaving a review on Apple. You can also send us feedback directly. (Or suggest shows and movies for us to review!)
And if you&d like to skip ahead, herehow the episode breaks down: 0:00 Intro 0:37 Disrupt recap 9:30 &The Politician& review (mild spoilers) 31:14 &The Politician& spoiler discussion
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Read more: Original Content podcast: For better or for worse, ‘The Politician’ is absolutely bonkers
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Fortnite just blew up its entire map and all thatleft is a black hole.
Some are speculating that this is simply a teaser for a new Fortnite map, but itunclear when that new map will arrive.On Epic Games& status page, it says Fortnite is currently experiencing a minor service outage, noting &anomaly detected.&
As Kotaku reports, players this morning were only able to access a team fight mode called &The End.& That led to a massive explosion that resulted in a black hole.
Fortnitewebsite is currently just a Twitch stream featuring a black hole.
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Read more: Fortnite is just a black hole right now
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For players of the smash-hit battle royale Fortnite, some might be wondering why their entire game has been replaced by a black hole. Don’t worry, this is intentional.
Season 10 has just drawn to a close with a cataclysmic event – dubbed ‘The End’ by developer Epic Games – with any players online at the time witnessing an in-game meteor shower that
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Read more: Fortnite's classic map has been swallowed by a black hole ahead of Season 11
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You know you're in the lead-up to Black Friday 2019 when you hold off on buying a product, thinking 'I'll wait to see if there's a Black Friday deal on it' – that time is now, and it's worth getting ready for the deals bonanza.
So how do you prepare for Black Friday? There are loads of steps you can take to make sure you get the most out of the
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Read more: Prepare for Black Friday 2019 deals by following these useful Twitter accounts
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