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

Oracle CEO says idea that most Silicon Valley companies are into AI is 'just nonsense'

Oracle Corp. CEO Mark Hurd thinks many Silicon Valley companies aren’t being completely honest about their efforts to develop artificial intelligence...
bizjournals - Business

Silicon Valley Forum and Mercer to Collaborate on New Event Series Focused on the Future of Technology, Innovation and the Workforce

Silicon Valley Forum and Mercer to Collaborate on New Event Series Focused on the Future of Technology, Innovation and the Workforce
SAN JOSE, Calif.--(BUSINESS WIRE)--#SiliconValleyForum--Silicon Valley Forum today announced a new collaborative alliance and event series with Mercer, which...
Business Wire - Press Releases


Other recent news in Technology

ET BLACK FRIDAY Deals: Save up to 50% off Top Unity3D AssetsMARK CUBAN: 'The big losers' of the DOJ's battle to block the Time Warner-AT&T merger will be GOOGLE and Facebook
MARVELL TECHNOLOGY will reportedly buy rival chipmaker Cavium for $6 million (CAVM, MRVL)What we're buying: Lightroom on a new IPHONE, Google's Pixel 2 cases
Apple Bringing “Hey Siri” to the IMAC PRO with Tweaked iPhone 7 Chip'Bait!' brings an ice fishing expedition to FACEBOOK's social VR
Get ready for THANKSGIVING with the 10 best cooking channels on YouTubeThe government wants self-DRIVING CARS on UK roads by 2021
BITCOIN just hit an all-time high — here's how you buy and sell itSTAR WARS video game faces charges that it was promoting gambling

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+