Plus, disappointing job numbers, Mario Batali is officially out of the restaurant business and Brexit approaches peak mayhem. Source: NYT > Business – CHARLOTTE COWLES
Bits: The Week in Tech: Facebook’s Privacy Pivot (Business Model Not Included)
The social network has laid out plans for making a shift toward private messaging. Less clear is how it will turn a profit from it. Source: NYT > Business – JAMIE CONDLIFFE
Thousands of New Millionaires Are About to Eat San Francisco Alive
As Uber, Lyft, Airbnb and Pinterest plan to go public, California’s newly minted rich will be hungry for parties, houses, boats, bikes — and ice sculptures. Source: NYT > Business – NELLIE BOWLES
As Uber Prepares to Go Public, Its Lead Lawyer Races to Clean It Up
Tony West, Uber’s chief legal officer and a former Justice Department official, is navigating the ride-hailing giant’s numerous legal issues. Source: NYT > Business – KATE CONGER
Before Lyft’s I.P.O., a Chance for Investors to Kick the Tires
Lyft, the ride-sharing company, unveiled the prospectus for its initial public offering. It leads a wave of well-known tech start-ups that plan to go public this year. Source: NYT > Business – KATE CONGER and MICHAEL J. de la MERCED
Uber and Lyft Said to Offer Drivers a Chance to Participate in I.P.O.s
The ride-hailing companies intend to set up programs to give cash to some of their drivers, enabling them to buy company stock ahead of an initial public offering. Source: NYT > Business – KATE CONGER