Gig economy a bright spot amid gloomy markets

Quick Summary:

It has been a tough earnings season for the technology industry, and markets more broadly.

Their results, combined with broader concerns about the health of the US economy, triggered a meltdown that, at one point, had erased some US$6.4 trillion from global stock markets.

Uber chief executive officer Dara Khosrowshahi said the company has experienced efficiencies during recessions.

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Article Details

Category: EconomyBusiness

Markets: MalaysiaUnited States

Topics: UberEats ConsumerSpending AIGrowth /Business/Business News Corporate News GigEconomy GigCompanies TechEarnings

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-08-09 @ 00:00:00 (10 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 627 words

Reading Time: 4 minutes read

Sentences: 24 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 21992452

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About The Star

Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 67 posts per day

Year Established: 1971

Headquarters: Malaysia

News Last Updated: 55 minutes ago

Coverage Areas: Malaysia

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #22

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