There have been two distinct waves of tech layoffs amid COVID-19, according to Layoffs.fyi creator Roger Lee.
Stephen Gardner, ETF Managers Group Director of ETF Sales, sits down with Yahoo Finance Live to discuss how travel and travel tech companies are faring through travel demand shocks in the company's travel ETF, as well as the demographic trends in who is trying to travel right now.
Uber’s investment in Chinese ride-hailing company Didi has outlived its usefulness. Didi’s share price may have jumped nearly 50 per cent this month following reports that a Chinese government probe is coming to an end. In 2016 Uber sold its Chinese operations to Didi in return for an 18.8 per cent stake — a deal valued at about $7bn at the time.