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Bitcoin is on the move, Spotify cuts staff and more money floods AI

cryptoinfo-now.com by cryptoinfo-now.com
5 December 2023
in Cryptocurrecy
0
Bitcoin is on the move, Spotify cuts staff and more money floods AI

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Hear right here or wherever you get your podcasts.

Hey, and welcome again to Equity, the podcast concerning the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.

Our Monday present covers the newest in tech information from the weekend and what’s making headlines early within the week. And we had lots to cowl this morning!

  • Crypto costs are rising, which is sweet information for the decentralized economic system, as rising costs observe with heightened buying and selling exercise and shopper curiosity.
  • We’ve got one other busy week of SaaS corporations reporting quarterly outcomes, which can hopefully present a helpful temperature test for tech valuations.
  • CoreWeave’s new $7 billion valuation had our tongues wagging, as did delays at Google’s AI project.
  • After which there was Spotify cutting staff in light of economic conditions. The corporate can’t outgrow its core market ceaselessly, and with largely static gross margins, the one lever it may actually pull is its price base.

That’s it for immediately! Extra on Wednesday and Friday!

For episode transcripts and extra, head to Equity’s Simplecast website.

Fairness drops at 7 a.m. PT each Monday, Wednesday and Friday, so subscribe to us on Apple Podcasts, Overcast, Spotify and all of the casts. TechCrunch additionally has a great show on crypto, a show that interviews founders and extra!

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Tags: BitcoincutsfloodsMoneyMoveSpotifystaff
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