Hello and welcome back to Equitythe podcast about the business of startups, where we unravel the numbers and nuances behind the headlines.
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Our Monday show covers the weekend’s latest tech news and early week headlines. This time we are here on a Tuesday due to a US holiday! Here’s the overview:
- Stocks have been mixed around the world as central banks tinker with interest rates to try and tune their domestic economies. The crypto world remains muted.
- Alibaba’s shake-up: The Chinese technology conglomerate’s CEO is leaving that role to head its cloud business, one of the parts of the company that will be spun off.
- Intel succeeded get a handsome package from Germany in exchange for building a factory in the country.
- OpenAI is work to mitigate the impact of EU AI regulation on its products and services.
- Nobody wants to buy Tiger’s startup stake en masseso it’s reduced to selling looses to anyone who wants them.
- Go-Ventures is now called Argor Capital and has a new $240 million fund.
- And funding rounds from Yellow and ElevenLabs as Byju’s cuts more staff.
We’ll be back fresh and early tomorrow! Talk soon!
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Equity drops every Monday, Wednesday, and Friday at 7 a.m. PT, so subscribe to us Apple podcasts, Cloudy, Spotify and all casts. businessroundups.org also has one great show on cryptoa show founders being intervieweda dat describes how our stories come together and more!
Alibaba shakes up its leadership, OpenAI lobbies EU regulators and the late-stage market is a mess by Alex Wilhelm, originally published on businessroundups.org
