securities and exchange commission

WeWork Is Now Dealing With A US Federal Investigation

WeWork Is Now Dealing With A US Federal Investigation

However WeWork may be defined—transformative office space startup or cult-like Silicon Valley unicorn—the U.S. Securities Exchange Commission reportedly believes the company warrants inquiry. Sources familiar with the matter told Bloomberg the SEC has begun scrutinizing the corporation over concerns that investors may have been misled ahead of WeWork’s disastrous initial-public-offering-that-wasn’t.

Microsoft Will Pay Out $37Million In Settlement Over Hungarian Bribery Scheme

Microsoft Will Pay Out $37Million In Settlement Over Hungarian Bribery Scheme

Microsoft will pay out $37 million in a settlement to resolve charges that its staff bribed government officials in Hungary, the Washington Post reported on Monday, with President and Chief Legal Officer Brad Smith telling staff in an email the matter “involved employee misconduct that was completely unacceptable.”