Spotify’s new AI playlists, the US’s latest chip deal, and a shot at data privacy

Equity

TechCrunch

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

4.2 • 365 Ratings

🗓️ 8 April 2024

⏱️ 10 minutes

🔗️ Recording | iTunes | RSS

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Summary

Now that we are finally past Y Combinator’s demo day — though our Friday show is worth listening if you haven’t had a chance yet — we can dive into the latest news. So, this morning on Equity Monday we got into the chance that the United States might pass a real data privacy law. There’s movement to report, but we’re still very, very far from anything becoming law. Elsewhere, the U.S. and TSMC have a new deal, there’s gaming news to consider (and a venture tie-in), and Spotify’s latest AI plans, which I am sure will delight some and annoy others. Hit play, and let’s talk about the news!

Transcript

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0:00.0	Hello and welcome back to Equity, the Tech Ranch Podcast about the business of
0:15.4	startups where we unpack the numbers and the nuance behind the headlines. This is
0:20.1	Alex good morning. Today is April 8th, 2024 and welcome to our Monday show where we take a look back at the weekend, a peak at the week that is to come and talk about the biggest stories from the last couple of days.
0:33.0	Now over this weekend we had a chat with two senior tech-run reporters digging into their
0:37.8	women in AI series.
0:39.7	Do check it out.
0:40.7	It's just one episode before this one and we had a lot of fun. Now on the show
0:44.8	this morning we have stocks and crypto as always then we're digging into data
0:49.3	privacy laws in the US. Web Summit's new leader that should look awfully familiar, a deal between the US and
0:56.2	T-S-M-C, the latest from the gaming world including a new venture capital fund, Fintex fortunes, and then finally Spotify's AI playlists. Let's go.
1:08.3	Thinking about money this morning, if you spend that globe and take a look at the stock market, shares are largely higher in Asia,
1:14.8	though lower in mainland China. They are green across the board in Europe and flat in pre-market
1:20.9	trading here in the US.
1:23.0	The macro point to keep in mind is that there is widespread concern
1:26.4	that interest rates might not come down as quickly
1:28.8	as hoped in the US and perhaps elsewhere around the world.
1:32.4	And because it is still the very beginning of Q1,
1:36.0	the earnings list is very short.
1:38.0	This week we have two names on Wednesday,
1:40.3	Rent the Runway, and then Friday, Shift Pixie.
1:43.2	Yep, that's it.
1:45.6	If stocks are a little bit boring today, crypto, well, they're making up for it.
	...

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