How do you pronounce IaaS?

Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Friday show, and we’re talking about the week’s biggest startup and tech news. Mary Ann and Alex were joined by Kirsten once again to parse the week’s news and call…

Microsoft’s $68.7B Activision acquisition clears final hurdle as UK approves restructured deal

It has been a long time coming, but Microsoft’s near-two year attempt to buy gaming giant Activision is finally happening, after the U.K.’s Competition and Markets Authority (CMA) accepted a restructured proposal that addresses the CMA’s concerns about Microsoft dominating the cloud gaming market. The crux of Microsoft’s concession to get the deal over the…

Indian state government fixes website bug that revealed Aadhaar numbers and fingerprints

A security researcher says a bug on an Indian state government website inadvertently revealed documents containing residents’ Aadhaar numbers, identity cards, and copies of their fingerprints. The bug was fixed last week after the security researcher disclosed the bug to local authorities. Sourajeet Majumder found the bug in the West Bengal government’s e-District web portal…

FTC sues bankrupt crypto company Voyager’s CEO over false FDIC insurance claims

After settling on Thursday with the Federal Trade Commission (FTC), bankrupt crypto company Voyager is permanently banned from handling consumers’ assets. But the government agency also announced on Thursday that it’s suing Voyager’s former CEO, Stephen Ehrlich, for falsely claiming that users’ accounts were FDIC insured. When a bank or financial service is FDIC insured,…

How to get your investors to back a pivot

Sarah Leary is the co-founder of Nextdoor and is a venture partner at Unusual Ventures, leading investments in early-stage consumer startups. It’s a tough time right now for founders looking to raise their next round, and many are coming to the painful realization that VCs simply aren’t buying what they’re selling. Investors are looking for…

Why Medium is opting out of AI

Hello, and welcome back to Equity, the podcast about the business of startups, where we unpack the numbers and nuance behind the headlines. This is our Wednesday show, where we sit down with a guest, talk about their work and dive deep into the rest. This week we had Tony Stubblebine, the CEO of Medium.com, a…