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Sharing Economy Businesses Are Cutting Jobs Amid Pandemic

Apr.29 — Uber Technologies Inc. ‘s chief technology officer Thuan Pham stepped down Tuesday amid reports of possibel job cuts. Lyft, Inc. is letting go of 17% of its workforce, and cutting pay for remaining staff. Scooter-sharing startup Lime is cutting as many as 190 workers. Bloomberg’s Lizette Chapman reports on “Bloomberg Technology.”

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Apr.29 — Uber Technologies Inc. ‘s chief technology officer Thuan Pham stepped down Tuesday amid reports of possibel job cuts. Lyft, Inc. is letting go of 17% of its workforce, and cutting pay for remaining staff. Scooter-sharing startup Lime is cutting as many as 190 workers. Bloomberg’s Lizette Chapman reports on “Bloomberg Technology.”

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5 Comments

5 Comments

  1. alicia burney

    April 29, 2020 at 11:53 pm

    🤓‼️😾

  2. CaliforniaMISC

    April 30, 2020 at 12:14 am

    no more cheap or subsidized rides and less pay for drivers

  3. Joe Bloe

    April 30, 2020 at 12:14 am

    I feel so sorry for poor Emily Chang about loosing her job?

  4. Juan Ok

    April 30, 2020 at 12:22 am

    Who cares brrrrrr lol the economy is fake the fed is real

  5. Juan Ok

    April 30, 2020 at 12:25 am

    Lime and bird app are stupid companies $200 million to rent scooter to kids wtf

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Bloomberg Technology

Former President Trump Speaks and Dell Shares Sink | Bloomberg Technology

Bloomberg’s Ed Ludlow breaks down results from Dell as shares sink after reporting its quarterly results. Plus, Former President Trump weighs in on his guilty verdict, and EU Commissioner Věra Jourová talks about her meetings with tech CEOs on social media, elections and misinformation. 00:00 – Bloomberg Technology Begins 38:00 – Věra Jourová, EU Commissioner…

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Bloomberg’s Ed Ludlow breaks down results from Dell as shares sink after reporting its quarterly results. Plus, Former President Trump weighs in on his guilty verdict, and EU Commissioner Věra Jourová talks about her meetings with tech CEOs on social media, elections and misinformation.

00:00 – Bloomberg Technology Begins
38:00 – Věra Jourová, EU Commissioner
45:45 – Noelle Acheson, “Crypto is Macro Now” Author
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Bloomberg Technology

US Regulators Pave the Way for Ether ETFs

An unexpected sign-off from US regulators last week paved the way for another landmark in the cryptocurrency industry: ETFs investing directly in Ether. Noelle Acheson, author of “Crypto is Macro Now,” joins Ed Ludlow to discuss why she thinks it is not a good product on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg…

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An unexpected sign-off from US regulators last week paved the way for another landmark in the cryptocurrency industry: ETFs investing directly in Ether. Noelle Acheson, author of “Crypto is Macro Now,” joins Ed Ludlow to discuss why she thinks it is not a good product on “Bloomberg Technology.”
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Telegram Is an Issue, EU Commissioner Jourová Says

Věra Jourová, vice president of the European Commission for Values and Transparency, joins Ed Ludlow following her meetings with the CEOs of X, Meta, YouTube, Google, Netflix, and TikTok on the role of AI in tech, the media, and election misinformation. She speaks on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Věra Jourová, vice president of the European Commission for Values and Transparency, joins Ed Ludlow following her meetings with the CEOs of X, Meta, YouTube, Google, Netflix, and TikTok on the role of AI in tech, the media, and election misinformation. She speaks on “Bloomberg Technology.”
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