Equity Monday: Hacks, IPOs, and the next generation of American tech giants
Equity
TechCrunch
4.2 • 372 Ratings
🗓️ 16 August 2021
⏱️ 6 minutes
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| 0:00.0 | Good morning. It is Monday, August 16th, 2021. This is Alex and of course you are listening to |
| 0:16.0 | equity. By now you've probably seen images and videos of chaos in Afghanistan. It is surreal |
| 0:22.2 | on days of geopolitical unrest to sit and talk about money and |
| 0:25.9 | tech as if they were the most important things in the world, but they are what the show was about, |
| 0:30.9 | so we will. I just wanted to acknowledge that my heart is a little bit elsewhere |
| 0:34.4 | this morning and probably yours too. All right now with that let's get a market's update |
| 0:39.1 | under our belts and then we'll talk about the biggest news in the world of technology and startups. |
| 0:44.0 | Let's do it. |
| 0:47.0 | The global equities markets are broadly read around the world today. |
| 0:50.0 | Asian stocks fell in Monday trading, as did European shares. Before the open this morning, |
| 0:54.9 | American stocks are also down, albeit a little bit less than their international peers. |
| 0:58.8 | Shares of Sonos are up sharply this morning in pre-market trading after a judge gave a preliminary ruling |
| 1:03.8 | that Google did infringe on the Music Hardware Company's patents. |
| 1:07.8 | That case, however, is far from over. |
| 1:09.8 | Equities aren't the only trading assets that matter, of course. |
| 1:12.4 | Major cryptocurrencies are largely higher in the last 24 hours leading to a price bump for |
| 1:16.5 | coin-based stock. Uniswop and Solana also posted very strong gains. Now with |
| 1:21.0 | that in hand, let's talk about some tech. |
| 1:23.0 | All right, there are three items from the weekend that require your attention and we're going to blast right through them, so listen up. |
| 1:31.0 | First, American Telco T-Mobile said this weekend |
| 1:34.2 | that it is investigating a potentially huge breach |
| 1:36.6 | of its customer data. |
... |
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