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Equity

Equity Monday: TikTok loves ecommerce and VCs think Mistral AI will be fine (potential EU regulatory overhang or not)

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 11 December 2023

⏱️ 11 minutes

🧾️ 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 Alex got into: The end of earnings: With just Adobe and Oracle from the tech world reporting this week, we have finally (mostly) wrapped up earnings season for Q4 2023, and thus the year. Crypto’s doing things again: Recent price appreciation is driving another massive spike in trading activity. TikTok forms joint venture: Teaming up with Tokopedia, the Bytedance company has its eyes on the Indonesian ecommerce market. But the tie-up comes at a stiff price. EU&AI: Last Friday the EU got its regulatory plan in place for AI. Criticism followed. Then on Monday Mistral AI raised a bunch more money. So is European AI work kaput, or just getting started? Elsewhere, don’t forget that the chip war is still raging, there are more fintech unicorns being born lately than before, and SumUp raised again. That’s it for today! More on Wednesday and Friday! 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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0:17.0

Hello and welcome back to Equity, the Techronch Podcast, where we unpack the numbers and the nuance behind the headlines. This is Alex, good morning. I have to tell you up top, I am a little bit sick.

0:22.0

So if I sound congested or nasally, well that's because I am both those things.

0:27.0

Before we get into all things, tech, startups, and money, we do have a request for you, my dear friend.

0:32.0

We want to know how you would describe 2023 in a headline.

0:37.0

So think about that and then send us a tweet to at Equity Podcast.

0:41.0

We do this every year. We love your creativity. It's fantastic and good fun and we will read the best

0:46.3

ones on the show, give you credit and also tell everyone that you are brilliant. So,

0:51.1

2023 in a headline, Tweeted Us Equity Pod, best ones on the show.

0:56.0

Thank you in advance.

0:57.0

All right, today is December 11th, 2003, and we are going to talk about stocks and

1:02.0

crypto, the end of earnings for the year. And we are going to talk about stocks and crypto.

1:02.8

The end of earnings for the year.

1:05.1

Tic-Tox e-commerce push the latest on AI

1:08.4

and why FinTech is not quite dead yet.

1:11.1

Let's go.

1:11.8

Starting. quite dead yet. Let's go. Starting off with a look at the world of money. Let's start with

1:17.9

the stock market. Shares are mostly higher in Asia today despite concerns of deflation in China. Keep your eyes on that. Stocks are mixed in Europe and they are largely flat to start the week in pre-market trading here in the US.

1:32.0

And for everyone who is so sick of me listing out

1:34.6

114 different companies that are going to report earnings in the next five days,

1:39.1

today I have a very extensive list for you.

1:41.8

Oracle on Monday and then Adobe on Wednesday.

1:46.0

That's it.

...

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