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Equity

How soon can I get a computer-brain implant?

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2372 Ratings

🗓️ 27 November 2023

⏱️ 12 minutes

🧾️ Download transcript

Summary

You might be glad to know today was not all about OpenAI. Instead, we took on a bunch of news from the weekend that had to do with other companies: It’s a big earnings week for software companies, which means we’re about to get a bushel of information on how things are shaping up for SaaS startups in the latter half of 2023. On the crypto front, price movements have slowed as the industry digests the recent Binance verdict. Neuralink has raised more capital, which is great news for nerds like myself. Gaming layoffs are still coming in hot and heavy, adding to a long list of cuts this year. In the wake of a massive shopping weekend, how did e-commerce hold up? Here’s data from the U.S., and from around the world. China-linked groups are coming for your industrial secrets, and Meta is again in regulatory hot water. And that’s that! We'll be back on Wednesday, but keep up with us in the meantime @EquityPod. 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, where we unpack the numbers and the nuance behind the headlines.

0:17.0

This is Alex, good morning and welcome to November 27th, 2023.

0:22.0

This of course is our Monday show where we take a look back at the weekend that was and a peak at the week that is to come.

0:28.6

Now here in the US we are coming off of a four day weekend.

0:32.6

So let's have some fun today.

0:34.2

The year is winding down, don't forget,

0:36.7

but that does not mean things aren't happening.

0:38.7

So on the show this morning,

0:40.6

we have a massive week for software earnings,

0:43.5

crypto wanting to start a new chapter,

0:45.9

more money for brain computer interfaces,

0:48.5

more layoffs and gaming,

0:49.8

and an e-commerce heat check.

0:51.5

It's gonna be fun. Let's go.

0:53.0

Let's start with a look at the world of money and that means the stock market.

1:00.0

Over in Asia, shares are lowered, but the losses do appear modest.

1:04.4

In Europe, stocks are similarly down a fraction and they are set to fall just to hair in the US at the open.

1:11.1

Now, why are we seeing so much red ink in the global stock market? Well

1:14.6

profit-taking after gains appears to be the most common guess of the

1:19.0

financial commentary world. But that's all whatever. What I care about more is this week's

1:24.3

packed earnings calendar. See if you can catch a trend in this as I read out to you

1:29.6

the names of who shall report. On Monday, Z-scaler, Do You, Maria T.B. Tuesday, Work Day, Crowd

...

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