Good morning! We remorse to tell you that the rich are at it once more • TechCrunch

Whats up and welcome again to Equity, a podcast in regards to the enterprise of startups, the place we unpack the numbers and nuance behind the headlines.

Don’t neglect that the code “EQUITY” can prevent cash on Disrupt tickets and TechCrunch+ access. And it makes us right here on the present look good!

Hell yeah, that is our Monday present. And heck sure, we’re recording Fairness reside tomorrow morning at Disrupt. Get tremendous stoked, as a result of we’re hype. That stated, we did have so much to get information finished for you this morning. Right here’s what Theresa and Alex went by way of this morning:

• Shares are up in lots of elements of the world, together with the US, the place software program shares are ripping north because the week begins. Very sort of the market to kick off Disrupt with some excellent news.
• Crypto is quieter, with costs not altering a lot and the overall vibe of the market not evolving a whit.
• Kanye West, also called Ye, is buying niche social network Parler in a deal that may see the musician, style mogul, and controversy generator purchase the service — however not the infrastructure that powers it. Parler shouldn’t be extremely popular in the meanwhile and has stiff competitors from different numerous celebrity-owned (or soon-to-be celebrity-owned) social networks Fact Social and Twitter.
• It’s value noting that West purchased Parler after operating into hassle with mainstream social providers over his antisemitic posts.
• Ambi Robotics raised new capital, as did Byju’s, and the Chinese chip industry is in turmoil after the US kicked it within the shins.

Woo! That’s our present. We are going to see you tomorrow morning at Disrupt! Come and get an Fairness pin and be The Coolest.