Pandemic restrictions have receded, and it turns out food delivery is still huge. That's one reason companies like dordash and ober are making a lot of money right now. We are seeing the shift from this era where they were happy to make a loss on rides in order to get the growth in the service and worry about profits. But it does seem that the liera of the gig economy, making things cheaper for millennials like mene, seems to be over,. unfortunately.
Investors are selling stakes in private equity and venture capital funds at the fastest pace on record so far this year, and earnings at companies such as Uber and Lyft are surging. Plus, the FT’s Patrick McGee reports that more than a dozen employees, past and present, say Apple’s HR team mishandled claims of harassment and misconduct.
The FT News Briefing is produced by Fiona Symon, Sonja Hutson and Marc Filippino. The show’s editor is Jess Smith. Additional help by Peter Barber, Michael Lello, David da Silva and Gavin Kallmann. Topher Forhecz is the FT’s executive producer. The FT’s global head of audio is Cheryl Brumley. The show’s theme song is by Metaphor Music.
Read a transcript of this episode on FT.com
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