Good morning from the Financial Times. Today is Friday, August 13th, and this is your FT News Briefing.

Airbnb and Disney are enjoying their recovery and travel,

we'll recap their latest earnings, and there's a surge of people quitting their jobs,

and many are taking their company source code with them. Plus, global investors are putting more

money into African financial technology startups, but who's benefiting? When you go underneath the numbers,

you find that even the money that is flowing into Africa often flows into either foreign startups

operating in Africa or local founders who have foreign affiliations. I'm Mark Filipino,

and here's the news you need to start your day.

Airbnb reported more than $1.3 billion in second quarter revenue that's almost four times higher

than the same period last year, and it was 10% higher than in 2019. The company said tourists

from places with higher vaccination rates were driving the recovery. There were also more

bookings and destinations with increased vaccine availability, but the company warned that the

global spread of COVID variants and inconsistent local regulations could hurt bookings later in the

year. Airbnb stock fell nearly 5% in after hours trading. Another company that benefited from the

travel recovery? Disney. More people went to its theme parks, and that helped the House of

Mouse post a second quarter net income of $923 million. Sales rose 45% from a year ago with a

pandemic hit, also helping Disney's bottom line, 12 million new subscribers to its Disney plus

streaming service, doubling its customer base from a year ago, and outpacing rivals like Netflix.

A record number of employees are quitting their jobs, and many are stealing sensitive data

when they go. According to an analysis by the Cybersecurity Group Code 42, in the last quarter,

the number of times employees took sensitive computer code or source code from their companies

was three times higher than a year ago. Here's the FT's Hannah Murphy.

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