The regulatory clock is ticking for TikTok

Equity

TechCrunch

Entrepreneurship, Business News, News, Business, Technology

4.2 • 372 Ratings

🗓️ 20 February 2024

⏱️ 12 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

This is our weekly kick-off show, coming to you Tuesday morning as yesterday was a holiday here in the States. Here’s the rundown: Crypto prices are up, and we’re looking at another busy earnings week. Palo Alto Networks, Sprout Social, Nvidia and Block will report this week. Planity has put together a $48 million Series C, which is a super neat vertical SaaS deal. Software and payments make for a tasty combo, and Planity wants to bring those benefits to salons in Europe. The EU is after TikTok under the DSA, which could have major implications for social media regulation. And Walmart is buying Vizio; LockBit got smashed; and MariaDB has a buyer on the horizon. In closing, this WSJ piece on San Francisco is worth your time. 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, about the business of
0:14.9	startups where we unpack the numbers and the nuance behind the headlines.
0:18.6	This is our Monday show looking back at the weekend and looking at the week ahead but today is
0:23.6	Tuesday because yesterday was a holiday in the US. So good morning this is
0:28.2	Alex. Today is February 20th, 2024 and we have a banging show for you today on the and we have a bang and show for you today. On the pod we have stocks and
0:35.9	crypto a very cool series see tick talk in trouble Walmart buying Vizio a
0:41.2	massive ransomware win the future of Maria D.B. and then AI Talent in San Francisco.
0:47.0	Let's go.
0:48.0	Let's start in the world of money and that means stocks.
0:54.0	Shares are mixed in Asia but up in China where a key loan rate was cut more than anticipated
1:00.0	as the country looks to bolster its economy.
1:02.0	This could be the starting gun to bolster its economy.
1:02.6	This could be the starting gun of a global change in interest rates heading down.
1:08.0	Stocks are largely higher in Europe today and they are set to open lower here in the US to kick off this short week's trading.
1:15.5	On the earnings front, fewer names than last week, you're very welcome.
1:19.6	Today we're going to hear from Palo Alto Networks, Workiva, and Sprout Social.
1:25.0	Wednesday will bring us numbers from NVIDIA and Etsy, Wicks, 5-9 Digital Ocean, Olo, and Vemio.
1:33.0	And then Thursday we'll hear from Intuit, Block, A Square, New Bank, Grab, Carvana, and Fiver.
1:40.0	I have my eyes on Sprout Social for SAS,
1:42.8	Invidia for AI Chips, Digital Ocean for Cloud Storage,
1:46.3	and then of course New Bank for FinTech.
1:49.4	Next up, crypto where there is once again good news to report second week in a row.
	...

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