Saturday, April 1, 2023

Sources: Lyft founders' departures followed months of staff concerns as the company's market value fell 85% to under $3.5B in two years, while Uber fared better (Wall Street Journal)

Wall Street Journal:
Sources: Lyft founders' departures followed months of staff concerns as the company's market value fell 85% to under $3.5B in two years, while Uber fared better  —  New CEO says he aims to boost employee morale and overhaul customer and driver experience  —  Tech Live: Lyft Co-Founder on Stock-Price Tumble, Autonomous Cars



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Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40% of US data-center capacity is located in tornado-prone areas (Jean Eaglesham/Wall Street Journal)

Jean Eaglesham / Wall Street Journal : Swiss Re: global premiums for insuring data centers will likely reach $20B-$30B/year by 2030; ~40%...