rescue

Rescue Drone Can Be Used To Spot Survivors In A Disaster Zone

Plenty of humanitarian and first-responder agencies are interested in drone technology. Capable of being rapidly deployed after a potential disaster, and immune to being negatively impacted by things like damaged roads and bridges, drones can play a vital role in rescue efforts. But while many agencies have focused on applications like delivering medical supplies, a …

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WeWork rescue ‘hands co-founder Adam Neumann $1.7bn payout’

Image copyright WeWork Struggling property firm WeWork has reportedly accepted a rescue deal with a generous payout for controversial co-founder Adam Neumann. The deal will see current investor, Japanese firm Softbank, buy billions more dollars worth of WeWork shares, including almost $1bn from Mr Neumann. The agreement, which also includes $5bn in debt financing, gives …

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WeWork Considers Rescue Plans From SoftBank and JPMorgan

The board of WeWork, the cash-starved purveyor of shared office space, could choose between two competing financial rescue packages as early as Tuesday, according to people with knowledge of the matter. One is being offered by SoftBank, and another from a financial consortium led by JPMorgan Chase. SoftBank, a Japanese technology giant that is already …

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