Home » China boosts pressure on its tech sector as Duolingo’s IPO looks to raise a couple additional bucks – TechCrunch

China boosts pressure on its tech sector as Duolingo’s IPO looks to raise a couple additional bucks – TechCrunch

How many lives does bitcoin have? – TechCrunch

Good day and welcome again to Equity, TechCrunch’s enterprise cash-centered podcast wherever we unpack the quantities at the rear of the headlines.

This is Fairness Monday, our weekly kickoff that tracks the most recent private market place news, talks about the coming 7 days, digs into some new funding rounds and mulls above a larger theme or narrative from the personal markets. You can observe the present on Twitter here and myself listed here.

At any time wake up to just a massive wall of news? That was us this early morning, so we had to decide and decide on. But because this display is about getting you caught up, we made a decision to concentration on the most significant, broadest new facts that we could:

  • Asian stocks were down, European shares are decreased, and American equities are set to open up underwater. Bitcoin had a excellent weekend, even so.
  • China’s edtech crackdown continued around the weekend, with the country’s ruling bash setting new regulations for on the internet tutoring corporations they can no longer go public and will be pressured to develop into non-financial gain entities. Chinese edtech stocks around the planet fell.
  • China’s much larger tech crackdown ongoing more than the weekend and into the week, with new moves versus the current-working day organization styles of equally foodstuff shipping companies, and Tencent Tunes. The former should be certain least incomes, whilst the latter ought to give up exceptional legal rights bargains. Shares fell.
  • The Jam Metropolis SPAC is kaput. It will not be the very last similar offer to slide aside.
  • And we chatted about this little bit of Rivian information, as it stood out to us.

All that and we had a good time. Hugs and love from the Equity crew, chat Wednesday!

Fairness drops each Monday at 7:00 a.m. PST, Wednesday, and Friday at 6:00 a.m. PST, so subscribe to us on Apple PodcastsOvercastSpotify and all the casts!