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With brief, occasional, italicized and sometimes gratuitous commentary…

•  The BBC reports that "UK-based food delivery app Deliveroo says it is quitting Australia, citing tough economic conditions.

"The company's Australian operation, which launched in 2015, is being placed into voluntary administration.

"Deliveroo has come under increasing pressure to treat its 15,000 riders as employees, with the country's new government pledging to improve gig workers' conditions.  It has also faced competition from rivals such as Uber Eats and Menulog.

"Deliveroo said it had stopped accepting orders through its app, with customers receiving an error message if they tried to place an order."

"Voluntary administration," to be clear, is what happens when a company either is or is likely to become insolvent, and an outside, independent administrator is named to evaluate and implement options.