Flying cars and the WeWork wolf in tech clothing

Boeing and Porsche are working together to develop the concept and test the prototype for and electric vertical take-off and landing (eVTOL) car. The National’s Mustafa Alrawi Assistant Editor in Chief and Future Editor Kelsey Warner discuss their enthusiasm or skepticisms about the announcements before taking a look at the WeWork.

 

WeWork promised to change the way people work and eventually how they live. Somewhat unconventional co-founders at the company charted meteoric growth that wowed investors and propelled the company to a $47 billion valuation, one of the highest for a start-up. But WeWork were forced to halt plans to go public on Sept. 30 because of investor concerns about how it was valued and whether its business model is sustainable. Adam and Rebekah Neumann have stepped down from their positions and now job cuts are on the horizon. 

 

In this episode: 

Flying Cars (1m 21s)

WeWork (8m 34s)

Headlines (27m 30s)

 

Read more on our website:

• Abu Dhabi property yields increase as prices fall faster than rents

• JP Morgan sees long-term growth in Middle East business after record year

• Engie eyes investments in district cooling and renewables in the Middle East

• Boeing and Porsche team up to develop flying electric car