Spotify throws its hat in the edtech ring

Equity

TechCrunch

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

4.2 • 365 Ratings

🗓️ 25 March 2024

⏱️ 11 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Today on Equity, Alex is catching you up on stocks around the world, crypto prices, and the weekend's biggest news. We're talking about the exit of Stability AI's CEO, the EU's Digital Markets Act, Spotify's edtech push, why Liquid Death is crushing it, and more.

Transcript

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0:00.0	Hello and welcome back to Equity, the Tech Runch Podcast, about the business of
0:15.2	startups where we unpack the numbers and the nuance behind the headlines.
0:19.2	This is Alex, good morning. Today is March 25th, 2004, which means this is the very last equity Monday of
0:26.9	Key 1. I am in awe, how fast this quarter went, but no time to look backwards. Let's talk about what happened this weekend and what is coming up on this week
0:36.2	So on the show today for you I have stocks and crypto more AI personnel moves because apparently we are never going to get away from that theme.
0:47.1	New regulatory issues for Apple and Alphabet, Spotify, getting into e-learning of all things China wanting to get away from US chips and why
0:56.8	liquid death is super cool it's gonna be a packed show let's go
1:07.1	Let's start with a look at the world of money and you know it. That means the stock market.
1:08.8	Shares are largely lower in Asia today, the same over in Europe and are set to open once again lower here in the
1:15.6	US. Now do keep in mind that US trading days are shorter this week due to a religious holiday,
1:21.8	so just four trading days here in the States.
1:24.3	On the earnings front, my gosh, my friends, we are at the very end of Q1 so I only have six names for you.
1:30.3	On Tuesday, we'll hear from Encino, which is built on the Salesforce platform.
1:34.6	Then Wednesday brings us Braise, Sprinkler, and Rumble, and then Friday is SK Telecom.
1:40.3	So very
1:43.4	very few names some of which are sass and then there's rumble which is online video and hosting which should have a very interesting upcoming report
1:49.1	The stock market is cooling down and we're seeing the same thing over in the world of crypto is coming back down to earth. Bitcoin is off just over 2% in the last week
2:05.0	to around $67,000 per.
2:07.8	Ethereum is off just under 5% to about $3,400,
2:12.1	and Solana's token, which recently ripped higher, is off about 9% in the last week to $188.
2:19.7	Don't worry though, my friends, Dogecoin is up 15% in the last week and spot trading volume is
2:25.9	coming down modestly from recent peaks but remains massively up from the prior
	...

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