Edition: Global  
One News Page
“Probably the fastest-access news portal in the world”
> >

LeEco to reportedly sell its Silicon Valley facility ‘EcoCity’ amid financial troubles

BGR India Monday, 20 March 2017
The last few months haven’t been going too well for LeEco. Even as the company continues to struggle with its finances, LeEco is now reportedly looking to sell its 49-acre space in Silicon Valley which it had allocated for its US headquarters. The decision is believed to be due to the company’s ongoing financial turmoil. According to Reuters, the Silicon Valley site, dubbed as EcoCity, was part of LeEco’s ambitious plans to expand its footprint to the US. The site was picked up from Yahoo and was supposed to house more than 10,000 employees in a state-of-the-art facility. “We’ve always envisioned EcoCity would be an open environment that would be a place for our employees, our partners and the community
0
shares
Share on
Facebook
Share on
Twitter
Post on 
Reddit
Share by
Email
 
Source: Bloomberg Technology - < > Embed

News video: What Silicon Valley Can Offer the Coal Industry

What Silicon Valley Can Offer the Coal Industry 02:12

Mar.27 -- Rep. Rohit Khanna, a California Democrat, discusses what Silicon Valley can offer the coal industry. He speaks with Bloomberg's David Gura on "Bloomberg Markets."

You Might Like


Recent related news

$9B sale to Amazon would be big score for Slack's Silicon Valley investors

Slack's Silicon Valley investors could get a quick score if a report that Slack may be acquired for $9 billion becomes reality. Bloomberg cited unnamed sources...
bizjournals - BusinessAlso reported by •Business Wire

Sonita Lontoh of Silicon Valley Asia Technology Alliance to Speak on Innovation at Global Congress to be Opened by 44th U.S. President Barack Obama

Silicon Valley Internet of Things Executive Known for Work in Increasing Global Cross-Collaborations in Innovation, Technology and Entrepreneurship between...
PRWeb - Press Releases

HBO’s Silicon Valley is now a show about the destructive hubris of the tech industry

HBO’s Silicon Valley is now a show about the destructive hubris of the tech industry
Silicon Valley is Mike Judge and Alec Berg’s biting comedy about the American tech industry, now in its fourth season. Every week, we’ll be taking one idea,...
The Verge - Technology


Other recent news in Technology

FACEBOOK and WSJ owners are working on a 'subscription' dealAfter dispute with Apple, chip maker IMAGINATION TECHNOLOGIES puts itself up for sale
First look at Samsung’s Bixby Voice preview for GALAXY S8Star Trek VIRTUAL REALITY game boldly goes with IBM Watson
Tesla is reportedly closing a deal to make SHANGHAI its next car production center (TSLA)Here's how SNAPCHAT's business benefits from its new mapping feature (SNAP)
Famous YouTubers raise thousands for GRENFELL TOWER victims and familiesSelf-driving shuttles are coming to the University of MICHIGAN
A leaked guestlist shows the billionaires and SILICON VALLEY execs who went to CannesOSKAR FISCHINGER’s musical animations come to life in Google Doodle sequencer

Twitter

Environmentally friendly: One News Page is hosted on servers powered solely by renewable energy
© 2017 One News Page Ltd. All Rights Reserved.  |  About us  |  Disclaimer  |  Press Room  |  Terms & Conditions  |  Privacy Policy  |  Content Accreditation
 RSS  |  News for my Website  |  Free news search widget  |  Help  |  Contact us  |  DMCA / Content Removal
How are we doing? Send us your feedback  |   LIKE us on Facebook   FOLLOW us on Twitter   FIND us on Google+