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Equity

Apple’s €1.84B fine, new AI rules in India, and the latest pre-IPO round

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 4 March 2024

⏱️ 11 minutes

🧾️ Download transcript

Summary

This is our Monday show, in which we take a look back at the weekend and what’s ahead in the week. Over the weekend we had a great chat with Nubank’s CEO, which you can find here. Ok, onto the show notes! Stocks and Crypto: With some indices reaching fresh record highs, the good times are also rolling along in crypto where token prices are also on the ascent. Apple and the EU: Apple has been hit by a massive fine in the EU, which it intends to appeal. Spotify, which was the progenitor of the complaint, hailed the choice. New AI rules in India: The Indian government has a new tune when it comes to AI regulation. Big tech companies are now going to need its nod to launch models in the country, which could shake up how quickly new €1.84BN artificial intelligence products reach the massive market. Self-driving wins: Waymo is able to charge for its self-driving service in more markets, and can now do airport runs in San Francisco for a fee. I cannot wait to try this out. Other key news: Salla raised a huge pre-IPO round, and with the market improving, why aren’t folks in tech walking with more swagger? We are back Wednesday, see you then! For episode transcripts and more, head to Equity’s Simplecast website. Equity drops at 7 a.m. PT every Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders and more! Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Hello and welcome back to Equity, the Tech Runch Podcast about the business of

0:15.3

startups where we unpack the numbers and the nuance behind the headlines.

0:19.5

This is Alex good morning. Today is March 4th, 2024 and welcome to our Monday show, where we take a look back

0:27.3

at the weekend that was and a peak at the week that is to come. Speaking of the weekend on

0:32.4

Saturday, we posted an interview with New Bank CEO,

0:35.7

DeVide Villas. It's fantastic. Give it a lesson if you have time. If you're into FinTech or Latin America,

0:41.9

that's one for you.

0:43.6

On the show this morning, we have stocks in crypto,

0:46.1

a massive new tech find from the EU,

0:48.6

AI rules around the world, good news for self-driving fans, a pre-IPO round, and really why isn't tech celebrating

0:56.7

a return to form? Let's go.

1:01.4

Kicking off with stocks, if you spin that globe over in Asia today shares are mostly

1:06.1

higher with the Nicki over in Japan crossing the 40,000 point barrier in Europe today stocks

1:11.6

are mostly lower and in the US shares are set to open in a mixed fashion

1:16.3

Do of course recall that the Tech Heavy NASDAQ reached a record high late last week

1:21.6

Earnings just a couple of names less than last week so don't worry this will not be

1:25.8

painful. On Monday we're going to hear from C, GetLab, Stitch Fix and Thread Up.

1:32.6

Then Tuesday brings us Crowd Strike Neo Box and Couch Base.

1:37.6

Wednesday, JD.com, Yext, Rackspace and Hippo,

1:42.0

and then Thursday, Broadcom,

1:44.1

Mongo D.B, Sam Sara, DocuSign, Billy,

1:47.8

Grinder, and Big Bear.

...

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