Daily Crunch: WeWork delays its IPO

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. WeWork withdraws its S-1 filing, will delay its IPO The move was widely expected, but The We Company (which owns WeWork) made it official yesterday, with new co-CEOs Artie Minson and Sebastian Gunningham declaring that they’ve “decided to postpone our IPO to focus on our core business.” Since the company’s S-1 became public, it has faced intense scrutiny over the general state of its finances, and more specifically over the power and behavior of Adam Neumann, who stepped down as CEO last week. 2. Europe’s top …

Daily Crunch: Apple in talks to buy Intel modem biz

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Apple reportedly in talks to acquire Intel’s modem business for $1B+ Apple is in “advanced talks” to buy Intel’s smartphone modem business for “$1 billion or more,” according to a new report in The Wall Street Journal. This deal could potentially bring Apple hundreds of engineers and key patents, and that could allow the company to build out some of the technologies it’s currently licensing from Qualcomm. 2. Bird is raising a Series D round led by Sequoia at $2.5 billion valuation Sequoia Capital previously led …

Daily Crunch: Slack makes its Wall Street debut

The Daily Crunch is TechCrunch’s roundup of our biggest and most important stories. If you’d like to get this delivered to your inbox every day at around 9am Pacific, you can subscribe here. 1. Slack prices IPO at $26 per share Slack is debuting on the New York Stock Exchange today. Trading hasn’t opened yet as I write this, but The Wall Street Journal reports that the company has set a price of $26 per share. The enterprise communication company is pursuing a direct listing, eschewing the typical IPO process in favor of putting its current stock on to the NYSE without doing an additional raise or bringing on underwriter banking partners. 2. Waymo takes its self-driving car ambitions global …