Equity Monday: Governments are getting their AI-regulating boots on

Equity

TechCrunch

News, Business, Entrepreneurship, Business News, Technology

4.2 • 372 Ratings

🗓️ 30 October 2023

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. Here’s what we got into today: It's a massive earnings week, unlocking a massive wave of new data concerning the performance of tech public tech companies. We're hoping to learn more about the market that startups are selling into in the process. The recent crypto rally is helping bolster spot trading results, good news for Coinbase ahead of its own earnings report. The Biden administration's executive order regarding AI is out, as G7 countries look to create a code of AI conduct for companies. X users that want to make a little money from their engagement will now have to avoid getting hit with community notes. And Web Summit has a new CEO. That's all for today! We have notes coming on Wednesday all about international startups and selling cross-border! Talk 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 Crunch Podcast where we unpack the numbers and the nuance behind the headlines.
0:17.0	This is Alex, good morning and welcome to our Monday show where we take a look back at the weekend that was and take a look at the week that is to come.
0:25.0	This morning is October 30th, 2023 and on the show today we have who is reporting earnings this week.
0:32.7	spoiler alert, everybody.
0:34.9	The results of the most recent crypto rally,
0:37.1	new AI-related moves by major governments,
0:40.0	Webb Summit's new CEO and X is working to sort out the incentives of its paid engagement program.
0:45.7	With all that said, to work.
0:50.2	Let's start with a look at the world of money and that means we must kick off with the stock market.
0:54.5	Over in Asia, stocks are mixed today. They are strongly higher in Europe despite a 0.1%
1:00.1	contraction in German GDP in Q3, and stocks are set to open both up and down here in the
1:06.0	U.S. What does that mean? Well the tech heavy NASDAQ is looking green
1:09.7	while more diversified indices are read in pre-market trading.
1:14.0	But who cares about all of that when there's so much information yet to come?
1:18.0	On the earnings front, we have a bunch of names.
1:21.0	I tried to find every single company you might care about that's
1:23.7	reporting this week if I missed your favorite one. I'm sorry. Anyways on
1:27.3	Monday we are going to hear from Arista Networks, Pinterest, SoFi, Zoom info, Warkiva, and Cheg.
1:34.1	Tuesday, just two names, AMD, and Fresh Works.
1:36.9	And then Wednesday, the Deluge begins.
1:39.2	We shall hear from Qualcomm, Airbnb,
1:42.2	PayPal, DoorDash, Zillow, ProCorps,
	...

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