In less than one year, WeWork went from having a $47 billion valuation and being the darling of the venture capital world to needing an $8 billion infusion to avoid running out of money. This is the story of Adam Neumann, Softbank’s risky investment, a failed IPO and how we got here.
Bloomberg Business of Sports lets you follow the money in the world of sports, reporting on trades, salaries, endorsements, contracts and collective bargaining. The show takes listeners inside the business end of the sports world, and explains what it means to fans and their pocketbooks.
The Iboga plant has been used for tribal rituals in West Africa for millenia. While the highly toxic root causes days-long hallucinations, it may also be the answer to a problem plaguing modern society. Today, Iboga and its ingredient ibogaine are being closely studied as a potential cure for drug addiction.
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Pressure is building on regulators to put safeguards in place for digital assets, but many questions remain about how best to do this.
That crypto needs better rules in the US isn’t in dispute — but there are differences of opinion about how regulation should takes shape.
Victoria Vergolina
With every additional bankruptcy filing or accusation of insider trading in crypto, regulators seem to turn up the heat ever so slightly when it comes to their focus on the digital-asset industry. But who is planning on doing the regulating? What would that even look like? And what does it mean that regulators themselves don’t seem to entirely agree?
Joining this episode to bring us up to speed on what’s happening with US crypto regulation are Bloomberg reporters Allyson Versprille and Alex Nguyễn. Welcome.
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