Sign up for our daily briefing

Make your busy days simpler with Axios AM/PM. Catch up on what's new and why it matters in just 5 minutes.

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Catch up on coronavirus stories and special reports, curated by Mike Allen everyday

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Denver news in your inbox

Catch up on the most important stories affecting your hometown with Axios Denver

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Des Moines news in your inbox

Catch up on the most important stories affecting your hometown with Axios Des Moines

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Minneapolis-St. Paul news in your inbox

Catch up on the most important stories affecting your hometown with Axios Twin Cities

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Tampa Bay news in your inbox

Catch up on the most important stories affecting your hometown with Axios Tampa Bay

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Charlotte news in your inbox

Catch up on the most important stories affecting your hometown with Axios Charlotte

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Please enter a valid email.

Please enter a valid email.

Subscription failed
Thank you for subscribing!

Illustration: Aïda Amer/Axios

WeWork’s roller coaster over the last two weeks has monopolized headlines, and now the story of the office coworking company and its high-flying CEO will be subjects of an upcoming book by Wall Street Journal reporters Eliot Brown and Maureen Farrell, they tell Axios.

The big picture: The growing influence of technology companies on the world has made them not only the subjects of regulatory and investor scrutiny, but now also the focus of grand business narratives.

The intrigue: There’s already been a string of books about tech companies’ troubles and tensions, from John Carreyrou’s “Bad Blood” (about Theranos) to Mike Isaac’s “Super Pumped” (about Uber). Brown tells Axios there’s room for more.

  • “[The story of WeWork] tells us a lot about Silicon Valley in the past decade, as well as a chunk of global finance,” says Brown, adding that he views the company as part of Silicon Valley even though it's based in New York because “its funding sources and the way it marketed itself were all in line with Silicon Valley startups."
  • "Everything about WeWork — its fundraising, its founders and its losses — has seemed bigger and more dramatic than any of the other companies I've followed, including Uber," says Farrell.
  • And the story is full of surprises even for a reporter covering the company’s every move for months—“two weeks ago I would NOT have predicted [CEO Adam Neumann] would resign,” says Brown. Farrell, who also says Neumann's resignation has been the most surprising, adds that he "is by nearly all accounts one of the most successful fundraisers who convinced global investors to give him billions for a business model that was a pretty old one."

The book will be published by Crown, an imprint of Random House. There’s no release date yet.

Go deeper:

Go deeper

14 mins ago - Podcasts

Google's chief health officer Karen DeSalvo on vaccinating America

Google on Monday became the latest Big Tech company to get involved with COVID-19 vaccinations. Not just by doing things like incorporating vaccination sites into its maps, but by helping to turn some of its offices and parking lots into vaccination sites.

Axios Re:Cap goes deeper into what Google is doing, and why now, with Dr. Karen DeSalvo, Google's chief health officer who previously worked at HHS and as health commissioner for New Orleans.

Biden signs order overturning Trump's transgender military ban

Photo: Tom Brenner/Getty Images

President Biden signed an executive order on Monday overturning the Trump administration's ban on transgender Americans serving in the military.

Why it matters: The ban, which allowed the military to bar openly transgender recruits and discharge people for not living as their sex assigned at birth, affected up to 15,000 service members, according to tallies from the National Center for Transgender Equality and Transgender American Veterans Association.

GOP Sen. Rob Portman will not run for re-election, citing "partisan gridlock"

Photo: Drew Angerer/Getty Images

Sen. Rob Portman (R-Ohio) announced Monday he will not run for a third term in the U.S. Senate in 2022, citing "partisan gridlock."

Why it matters: It's a surprise retirement from a prominent Senate Republican who easily won re-election in 2016 and was expected to do so again in 2022, creating an open Senate seat in a red-leaning swing state.