Lyft on Wednesday said it would cut 90 jobs, or about 1.5% of its employees, primarily in its marketing group, to achieve its goal of being profitable before interest, taxes and depreciation by the end of next year. But don’t call this downsizing: Lyft says it will hire more than 1,000 new employees this year, so its net headcount is almost certainly going to rise by hundreds of people, and...
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Ban It, Divest It or Regulate It? Washington Looks for an Answer to TikTok

Hi, welcome to your Weekend!Interesting dinner table discussion this week: My 13-year-old daughter, hearing about Nancy Scola’s cover story on TikTok’s war in Washington, offered her prediction for what would happen if the U.S. took the drastic step of banning the app.“Every teenager in America would refuse to come out of their rooms,” she said. “They’d be so mad. They just wouldn’t go out...
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