LinkedIn wants a piece of Wordle’s success

Equity

TechCrunch

Founders, Silicon Valley, Finance, Ipo, Vc, Technology, Business News, Startups, Business, Venture Capital, News, Stock Market, Entrepreneurship, Techcrunch

4.2 • 365 Ratings

🗓️ 18 March 2024

⏱️ 13 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Here’s what we got into this morning: Apple may tap Google for AI: Sure, Apple is working on its own AI tech, but Google’s Gemini model could be headed for an iPhone near you. Bloomberg broke the news. Grok goes open source: As promised, xAI’s LLM Grok is out for people to play with. Most importantly, startup founders seem excited. Reddit’s IPO makes progress: Oversubscription is always a good signal, but is also no promise of IPO riches to come. Gumroad says ‘no thanks’ to NSFW content: Another year, another platform booting adult creators. It’s a tale as old as time! Gaming is coming to LinkedIn: Look I don’t know what to tell you other than that all platforms eventually become one.

Transcript

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0:00.0	Hello and welcome back to Equity, the Tech Runch Podcast, about the business of
0:15.4	startups where we unpack the numbers and the nuance behind the headlines.
0:19.7	This is Alex, good morning. Today is March 18th, 2024,
0:24.8	and I got to say guys, I'm loving this early spring.
0:27.9	I hate winter with a fiery passion
0:29.7	and I'm waiting for summer.
0:30.9	So anytime I see flowers coming out of the ground, my soul is alive.
0:34.8	And that means I am hype for today's show because it is packed.
0:38.3	We have a quick markets update with a special note on crypto. Then the latest Apple and Google AI news, this is the talk of
0:46.4	tech today, so let's talk about it. Then Crocks open source debut and what it means for
0:51.3	startups, Reddit's IPO progress,
0:54.1	gum roads in SFW retreat,
0:56.8	and then to close us out, why gaming is coming to LinkedIn.
1:01.2	Let's do it. Let's do it. Let's start with a look at the world of money, so spin that globe and let's talk about stocks.
1:09.8	Shares are higher in Asia today and sharply higher over in Japan. Chinese shares are staging a bit
1:16.3	of a rebound lately but I'd say too soon to call it a comeback. Then over in Europe stocks are
1:22.0	modestly higher just as they are set to rise here in the US when things open and we're seeing the best gains over on the tech heavy NASDAQ 100 thanks to alphabet we'll get to the Y there in just a second.
1:35.8	Now on the earnings front, we are nearly done.
1:38.8	Whoo, and that means just a couple of names for you this morning.
1:42.4	On Monday, we'll hear from Joy. That's Joy with Two Wives. Then Tuesday is Tencent Music,
1:48.1	X-Peng, and Hwaya. Then Wednesday will bring us numbers from PDD, which owns both Pemjo and Timu.
1:55.8	Then Micron Technology, Chui, and Kingssoft Cloud.
	...

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