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The Briefing

By Martin Peers, Jessica Lessin and the team at The Information

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Recent Editions

Amazon CEO Jeff Bezos. Photo by Bloomberg
The Briefing

The Perils of Prospering From the Pandemic: The Information’s Tech Briefing

By Martin Peers · Apr 30, 2020 6:55pm PDT
Greetings!Businesses that are able to sidestep a recession are usually happy to shout that from the rooftops. But, as Amazon’s statement on Thursday reminded us, no company wants to be seen to be profiting from the pandemic.Not only did the company declare it would spend its entire $4 billion operating profit this quarter on Covid-related... Greetings!Businesses that are able to sidestep a recession are usually happy to shout that from...
Outside the New York Stock Exchange. Photo by Bloomberg
The Briefing

The Wall Street-Main Street Disconnect: The Information’s Tech Briefing

By Martin Peers · Apr 29, 2020 5:40pm PDT · 1 comment
Greetings!It’s tough to remember a time when the disconnect between Wall Street and Main Street was so apparent. Quarantine orders are still in place in much of the U.S. Layoffs are continuing by the thousands—including 1,000 today at Lyft. People are still dying from the virus. And yet many stocks have recovered much of the ground... Greetings!It’s tough to remember a time when the disconnect between Wall Street and Main...
Instacart's Apoorva Mehta and Uber's Dara Khosrowshahi. Photos by Bloomberg
The Briefing

Tale of Two Gig Economy Stars: The Information’s Tech Briefing

By Martin Peers · Apr 28, 2020 6:30pm PDT
Greetings!You could call it a tale of two stars of the gig economy, Instacart and Uber. Earlier this week, Amir revealed that Instacart’s sales in April were up 450% compared with December and that the grocery delivery firm would turn its first profit this month, thanks to the pandemic.Today, Amir scored another scoop: that Uber is... Greetings!You could call it a tale of two stars of the gig economy, Instacart and Uber. Earlier...