Hello and welcome back to Equity, the Tech Runge Podcast,

where we unpacked another.

Hello and welcome back to Equity, the Tech Runch Podcast, where we unpack the numbers and the nuance behind the headlines.

We are back from break. It is great to be back. We missed you all, oh so very much.

So on this fine, June 20th of 20th of 20th of 2023 let's get back to work

This is Equity Tuesday not Monday due to an American holiday. Please look up

Juneteenth if you aren't familiar before we actually get started though do not forget that we are still

running our equity listener survey we want to hear from you about what we're doing well,

what we're not doing well, what you want more of, what you want less of, so if you want to make

your voice heard for the show for the next year, go to bit.

LY slash equity pod survey, capital E, capital P, capital S, and tell us what's on your mind.

All right, on the show today, a leadership shakeup at Alibaba.

Germany is paying up for an Intel manufacturing facility,

open AI is lobbying EU regulations,

the late stage startup market is still incredibly broken.

Go Ventures has a new fund and there are funding rounds for Yellow and 11 labs.

It's a short week here in the US. Let's get to work.

Let's start as we always do with markets and we shall begin with stocks.

Shares were mixed in Asia today where key news items to start the week include rate cuts in China indicating that that country's economy is in need of a little boosting.

European shares are mostly lower today, albeit not by much, and stocks are set to fall in the US at the open today.

Do recall that the American Central Bank declined to raise rates recently,

but it did signal more hikes to come, so investors are still sorting out what that means.

...