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Equity

When will India make up its mind about crypto?

Equity

TechCrunch

Business, News, Technology, Business News, Entrepreneurship

4.2372 Ratings

🗓️ 18 July 2022

⏱️ 11 minutes

🧾️ Download transcript

Summary

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. Alex and Grace are back to cover the biggest, and most interesting technology, startup, and markets news. Today was a fun day in that we didn't start off with just bad news -- what a change! Stocks are up around the world, and cryptos have rallied in the last week. The positive price movement in crypto-land, however, doesn't appear to be lighting a fire underneath the NFT market, for example. Robots! Yes, our robotics-themed event -- Free! And online! -- is this week, which means that I have robots on the brain. That made the Syrius round all the more interesting. It appears that ecommerce will remain a key driver of robotic innovation for some time to come. Podcast deals are still happening, kinda. Acast is buying Podchaser, which may or may not mean a lot to you. What does matter in this deal is that Spotify wasn't involved. That's a change! Quick Hits: India may ban crypto, at least if its leading bankers get there way, Missfresh's implosion got a small lifeline, and Modsy is no more -- and the way that it is going out leaves quite a lot to be desired. Equity drops every Monday at 7 a.m. PDT and Wednesday and Friday at 6 a.m. PDT, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. 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 Runge Podcast,

0:13.0

where we unpack the numbers and the nuance behind the headlines.

0:16.0

This is Alex and it is July 18, 2022,

0:20.0

and we are going to start the show with surprise some good news.

0:25.0

Why are we starting off the show with good news this morning?

0:30.0

Well, it's because the stock market is our friend.

0:32.0

Something that we have not been able to say for some time now.

0:35.0

But looking around the world, stocks are up today in Asia.

0:38.4

They are up today in Europe and they are set to rise in the US

0:41.6

when markets open.

0:43.0

When was the last time we said that?

0:45.0

This is a nice change of pace from the last couple of weeks.

0:48.0

That said, do not think that the markets are sorted out.

0:50.0

We do have a lot of earnings this week including numbers from

0:53.1

Netflix and Tesla and Twitter and Snap and IBM and Qualrix. There's a lot in

0:59.6

there. Consumer spending from Netflix,ies and supply chain from Tesla,

1:04.0

social media and the strength of the advertising market

1:06.0

from Twitter and Snap, and of course,

1:08.0

what's going on in enterprise software

1:10.0

from IBM and Waldrix.

1:12.0

And that's just this week. Turning the page to next week we're gonna hear from

1:15.5

Meta and Microsoft an alphabet and Apple and Amazon companies you might have heard of and then the week after that we're gonna to hear from Robin Hood, Door Dash and other recent IPOs.

...

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