Hello. Welcome to Equity, the startup business podcast. Uncover the numbers and nuances behind the headlines. This is a Monday show where we look back at the weekend and look back at what's coming up in the week ahead.
We covered a lot of material on today's show. While stocks around the world are falling, cryptocurrencies have seen some gains recently and are looking pretty strong. The biggest news in his Startup Land this morning is his departure as CEO of Stability AI. The company's revenue growth and burn rate have been the subject of debate for some time, making this new move significant.
In the EU, a number of US-based technology companies are under investigation thanks to new digital markets laws. At some point, you have to wonder if the tech giants will be able to find better cooperation with this bloc.
Speaking of Europe, Spotify's next endeavor is something other than music, and I've had some thoughts on that. We also covered news from China about its next introduction of Vision Pro and efforts to remove Intel and AMD chips from state-run computers. We conclude with this report on how beverage startups are battling Coke and Pepsi for market share.
For episode transcripts and more, visit Equity's Simplecast website.
Subscribe on Apple Podcasts, Overcast, Spotify and all casts as stocks drop every Monday, Wednesday, and Friday at 7 a.m. PT. TechCrunch also has some great shows about cryptocurrencies, interviews with founders, and more.