Aug 7, 2017

WeWork invests $500 million to grow in Southeast Asia and Korea

Courtesy of WeWork

Continuing its expansion in Asia, office rental company WeWork is investing $500 million in Southeast Asia and Korea. It has also acquired local office co-working startup Spacemob for an undisclosed amount (the value is part of the total amount WeWork is investing in the region). WeWork declined to disclose the source of the funds.

Asian expansion: Last month, WeWork announced a $500 million investment into its new Chinese business, with funds from SoftBank and existing investor Hony Capital. It also created a joint venture in partnership with SoftBank to bring the company's business to Japan.

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Rebecca Falconer
Updated 15 mins ago - Politics & Policy

Supreme Court blocks Alabama curbside voting measure

Photo: Mark Wilson/Getty Images

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Whit it matters: With less than two weeks until Election Day, the justices voted 5-3 to reinstate the curbside voting ban and overturn a lower court judge's ruling designed to protect people with disabilities.

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Axios
Updated 59 mins ago - Politics & Policy

Coronavirus dashboard

Illustration: Aïda Amer/Axios

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U.S. officials: Iran and Russia aim to interfere in election

Iran and Russia have obtained voter registration information that can be used to undermine confidence in the U.S. election system, Director of National Intelligence John Ratcliffe announced at a press conference Wednesday evening.

Why it matters: The revelation comes roughly two weeks before Election Day. Ratcliffe said Iran has sent threatening emails to Democratic voters this week in states across the U.S. and spread videos claiming that people can vote more than once.

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