This chart comes from Lyft's IPO filing, and it shows how much money Lyft takes out of every dollar spent on its platform. It's not a perfect proxy for the amount siphoned from each fare before the driver gets paid, but it's close. As platforms like Lyft become bigger, they invariably take an increasing cut of total revenues.

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Data: Company filing; Chart: Chris Canipe/Axios

Why it matters: The losers, in this chart, are Lyft's drivers. Workers in the gig economy know full well how uncertain their incomes are and how they can be changed at whim. At Contently, for instance, all freelancers saw their pay cut by 4.75% at the end of February, only for the pay to be reinstated last week after a backlash from the freelancers "who contribute to Contently's success."

Go deeper: The rental economy is dominant, but there's a lot to be worried about

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S&P 500's historic rebound leaves investors divided on future

Data: Money.net; Chart: Axios Visuals

The S&P 500 nearly closed at an all-time high on Wednesday and remains poised to go from peak to trough to peak in less than half a year.

By the numbers: Since hitting its low on March 23, the S&P has risen about 50%, with more than 40 of its members doubling, according to Bloomberg. The $12 trillion dollars of share value that vanished in late March has almost completely returned.

Newsrooms abandoned as pandemic drags on

Illustration: Sarah Grillo/Axios

Facing enormous financial pressure and uncertainty around reopenings, media companies are giving up on their years-long building leases for more permanent work-from-home structures. Others are letting employees work remotely for the foreseeable future.

Why it matters: Real estate is often the most expensive asset that media companies own. And for companies that don't own their space, it's often the biggest expense.

2 hours ago - Technology

Dark clouds envelop feel-good Pinterest

Illustration: Eniola Odetunde/Axios

Pinterest set out to be a bright spot in cutthroat Silicon Valley, but now stands to see its reputation forever tarnished by allegations of mistreatment and a toxic culture by women who held senior roles at the company.

Why it matters: Even a company known for progressive policy decisions and successfully combatting hateful and otherwise problematic content isn't immune to the systemic problems that have plagued many tech companies.