December 11, 2023

Equity Monday: TikTok loves ecommerce and VCs think Mistral AI will be fine (potential EU regulatory overhang or not)

10 minutes

Our Monday show covers the latest in tech news from the weekend and what’s making headlines early in the week. Here's what Alex got into:

The end of earnings: With just Adobe and Oracle from the tech world reporting this week, we have finally (mostly) wrapped up earnings season for Q4 2023, and thus the year.

Crypto’s doing things again: Recent price appreciation is driving another massive spike in trading activity.

TikTok forms joint venture: Teaming up with Tokopedia, the Bytedance company has its eyes on the Indonesian ecommerce market. But the tie-up comes at a stiff price.

EU&AI: Last Friday the EU got its regulatory plan in place for AI. Criticism followed. Then on Monday Mistral AI raised a bunch more money. So is European AI work kaput, or just getting started?

Elsewhere, don’t forget that the chip war is still raging, there are more fintech unicorns being born lately than before, and SumUp raised again.

That’s it for today! More on Wednesday and Friday!

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.

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By TechCrunch, Mary Ann Azevedo, Kell, Theresa Loconsolo, Rebecca Bellan, Kirsten Korosec, Devin Coldewey, Margaux MacColl

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