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Equity Monday: Elon Musk Elon Musk’s the crypto markets, while Indian startups raise huge rounds

Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. This is Equity Monday, our weekly kickoff that tracks the latest private market news, talks about the coming week, digs into some recent funding rounds and mulls over a larger theme or narrative from the private markets. You can follow the show on Twitter here and myself here. There was lots to get through today, so, in order, here’s the rundown: Early-stage founde...
Tags: Apple, TC, Verizon, Y Combinator, Twitter, Elon Musk, Real Estate, India, San Francisco, Tech, AT&T, Crypto, Equity, Apollo, Cryptocurrency, Sequoia


COVAX has received zero shipments - making it 140 million doses short - since March because of India's outbreak

Workers load boxes of COVID-19 vaccines for COVAX in Antananarivo, Madagascar. MAMYRAEL/AFP via Getty Images One quarter of COVAX's vaccine supply for 2021 is being made by a major Indian drugmaker. But India's ongoing COVID-19 crisis saw the Serum Institute shut down exports in March. As a result, COVAX is 140 million doses short, UNICEF's executive director said Monday. See more stories on Insider's business page. COVAX, the project to vaccinate the world's poorest na...
Tags: Science, India, Africa, Trends, Eu, Bbc, News UK, Who, World Health Organization, Unicef, HARARE Zimbabwe, Fore, Serum Institute, Antananarivo Madagascar, SII, Henrietta Fore


Ethereum co-founder Vitalik Buterin destroys 90% of his Shiba Inu holdings - almost half the coin's circulation

Getty Images/John Phillips Vitalik Buterin burnt 90% of his Shiba Inu assets, over 40% of all coins in circulation. Buterin said he plans to donate the remaining 10% of the coins he owns to charity. He previously donated Shiba Inu coins worth $1 billion to a COVID-19 relief fund for India. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Ethereum co-founder Vitalik Buterin burned 90% of his Shiba Inu holdings and will donate the remaining 10% according to a note...
Tags: India, Trends, Coinmarketcap, Shiba Inu, Vitalik Buterin, Buterin, Binance, COVID, Shib, Sophie Kiderlin, Sandeep Nailwal, John Phillips Vitalik Buterin


10 Things in Politics: Lawmakers are sick of Marjorie Taylor Greene

Good morning! We hope you had a great weekend. Today is Tax Day.Welcome back to 10 Things in Politics, your weekday look at the biggest stories in DC and beyond. Sign up here to receive this newsletter.Send tips to [email protected] or tweet me at @BrentGriffiths.Here's what we're talking about:How Marjorie Taylor Greene became the Voldemort of CongressIsraeli Prime Minister Benjamin Netanyahu rejected calls for a cease-fireThe demise of 'thoughts and prayers'One thing to lo...
Tags: Facebook, Microsoft, Time Warner, Obama, Congress, Washington Post, Cdc, Montana, China, India, Israel, Disney, America, Newsletter, Trends, Georgia


Australia news live: Scott Morrison to meet Jacinda Ardern in New Zealand; passenger from India flight tests positive for Covid

Two prime ministers to meet on 30 and 31 May; a passenger on repatriation flight in Howard Springs quarantine facility in Darwin; Crown Resorts lied to Victoria regulator, inquiry told. Follow the latest news – live• Call for medevac-style repatriation flights for Australians with Covid from India • Stranded cricketers touch down in Sydney two weeks after IPL suspended• Measures to support refinery industry could cost Australians $2bn over a decade 8.26am BST While we’ve already heard abou...
Tags: Health, Business, Australia, India, Australia news, Coalition, Australian politics, New South Wales, Sydney, New Zealand, Qantas, New South Wales politics, Ipl, Victoria, Melbourne, Liberal party


Amazon launches free ad-supported video streaming service in India

Amazon seems to be cooking up a new way to attract users in India to shop on its platform: a free video streaming service. The company launched a new ad-supported streaming platform called Amazon MiniTV that lives inside the main shopping app. MiniTV currently resides in Amazon’s Android app and has various content sections including Comedy, Lifestyle, and Web Series. It’s separate from Amazon Prime Video, the company’s paid streaming service. Amazon has partnered with content studios such as Th...
Tags: Amazon, Startups, India, Plugged


Australia news live: Crown Resorts lied to Victoria regulator, inquiry told; passenger from India flight tests positive for Covid

One passenger on Saturday’s repatriation flight from India tests positive for coronavirus in Howard Springs quarantine facility in Darwin. Follow all the latest news – live• Call for medevac-style repatriation flights for Australians with Covid from India • Stranded cricketers touch down in Sydney two weeks after IPL suspended• Measures to support refinery industry could cost Australians $2bn over a decade 6.28am BST Some further data on the vaccination rates of people in disability resident...
Tags: Health, Business, Australia, China, India, Australia news, Coalition, Australian politics, New South Wales, Sydney, Qantas, New South Wales politics, Ipl, Victoria, Melbourne, Liberal party


Australia news live: passenger from India flight tests positive for coronavirus; Singapore next potential travel bubble

One passenger onboard Saturday’s repatriation flight from India tests positive for Covid in Howard Springs quarantine facility in Darwin. Follow all the latest news live• Call for medevac-style repatriation flights for Australians with Covid from India • Stranded cricketers touch down in Sydney two weeks after IPL suspended• Measures to support refinery industry could cost Australians $2bn over a decade 5.16am BST And with that, PM Scott Morrison has announced his first international trip of...
Tags: Health, Business, Australia, Singapore, India, Australia news, Coalition, Australian politics, New South Wales, Sydney, New Zealand, Qantas, New South Wales politics, Ipl, Victoria, Pfizer


Australia news live: disability vaccine rollout ‘abject failure’; passenger on India flight tests positive for coronavirus

Royal commission told only 834 disability care residents nationwide have received Covid vaccine. Follow all the latest news live• Call for medevac-style repatriation flights for Australians with Covid from India • Australia’s stranded cricketers touch down in Sydney two weeks after IPL suspended• New measures to support refinery industry could cost Australian taxpayers $2bn over a decade 2.22am BST Just a note, It seems like every government is trying to shift responsibility for this cricket...
Tags: Health, Business, Australia, India, Australia news, Coalition, Australian politics, New South Wales, Sydney, Qantas, New South Wales politics, Ipl, Victoria, Melbourne, Liberal party, Scott Morrison


Binance's Indian exchange lists Shiba Inu coin a day after Ethereum creator Vitalik Buterin's $1 billion donation

Changpeng Zhao is the CEO of the world's largest crypto exchange Binance. Binance India's WazirX crypto exchange listed shiba inu coin this week. Shiba inu coin, which launched less than a year ago, took inspiration from dogecoin. The listing comes a day after Vitalik Buterin donated $1 billion worth of the tokens to a crypto-based COVID-19 relief fund for India. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The largest cryptocurrency exchange in India ...
Tags: India, Trends, Mumbai, Coinbase, Kraken, Coinmarketcap, Shiba Inu, Vitalik Buterin, Buterin, Binance, Changpeng Zhao, COVID, Nischal Shetty, Isabelle Lee, Shib, Binance Binance India


Big banks are propping up the coal industry as it keeps on pumping out toxic emissions in some parts of the world

People protest Standard Charter Bank's ties to global warming. Franciskus Simbolon/Jeda untuk Iklim Standard Chartered just helped fund the giant Indonesian coal company Adaro with US$ 400 million. Adaro's business models are in line with 5-6ºC of global warming, far above the 1.5ºC Paris Agreement limit that Standard Chartered claims to support. Standard Chartered's climate policy allows them to continue funding destructive coal companies whose business plans are consistent wi...
Tags: Asia, UK, Indonesia, India, US, America, Trends, Barclays, Hsbc, Standard Chartered, Un, Birmingham, Borneo, Europe Asia, Batang, Market Forces


Shiba Inu coin investment turned New York brothers into multimillionaires a few months after they bet $8,000 on the 'parody' cryptocurrency, reports say

The crypto bet paid off for the family. Getty A New York family's $8,000 investment in Shiba Inu coin reportedly netted them $9 million. CNN Business interviewed the family, which began investing in February. The coin's value has grown by more than 10,000% this year, according to Coinbase. See more stories on Insider's business page. A New York family's investment of about $8,000 in Shiba Inu coin, a dogecoin spin-off, netted them a $9 million fortune in the space of a few...
Tags: New York, Finance, India, Trends, Wealth, Crypto, Westchester County, Dogecoin, Shiba Inu, Vitalik Buterin, CNN Business, Kevin Shalvey, Weekend BI UK, Shiba Inu Coin, Dogecoin Killer


Palm Beach County has around 44 billionaires. The super-rich are flocking there for business opportunities, convenient transport links, and a chance to live in 'paradise.'

West Palm Beach is attractive for both workers and their families. Flavio Vallenari/Getty Images Palm Beach County's grew twice as fast as the US average over the past decade. This has accelerated during the pandemic as remote workers sought a sunnier climate during lockdown. Three locals explained why both people and businesses are flocking to the county. See more stories on Insider's business page. Florida has been one of the few states to see real economic progress during the pa...
Tags: Work From Home, Florida, New York, Maryland, California, India, New York City, US, Los Angeles, San Francisco, Trends, Remote Work, Economy, Migration, Hawaii, Connecticut


People in India are smearing cow dung over their bodies to ward off COVID-19 as second wave crisis worsens

People walk after applying cow dung on their bodies during "cow dung therapy at the Shree Swaminarayan Gurukul Vishwavidya Pratishthanam Gaushala on the outskirts of Ahmedabad, India, on May 9, 2021. Amit Dave/Reuters Doctors in India are warning against the practice of using cow dung to ward off COVID-19. Some believers have been smearing cow dung on their bodies in the hope it will boost their immunity. Hindus believe cow dung has therapeutic and antiseptic properties. See more stories o...
Tags: Science, News, India, Trends, News UK, Gujarat, Reuters, Modi, Ahmedabad India, Indian Medical Association, Coronavirus, COVID, Johns Hopkins University Experts, UK Weekend, Sophia Ankel, Insider Asia


Binance's Indian exchange lists Shiba Inu coin a day after Ehtereum creator Vitalik Buterin's $1 billion donation

Changpeng Zhao is the CEO of the world's largest crypto exchange Binance. Binance India's WazirX crypto exchange listed shiba inu coin this week. Shiba inu coin, which launched less than a year ago, took inspiration from dogecoin. The listing comes a day after Vitalik Buterin donated $1 billion worth of the tokens to a crypto-based COVID-19 relief fund for India. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The largest cryptocurrency exchange in India ...
Tags: India, Trends, Mumbai, Coinbase, Kraken, Coinmarketcap, Shiba Inu, Vitalik Buterin, Buterin, Binance, Changpeng Zhao, COVID, Nischal Shetty, Isabelle Lee, Shib, Binance Binance India


Fisker soars 17% after reaching deal with Foxconn for development of an electric vehicle

Production on Fisker's Ocean SUV is slated to start in 2022. Mark Matousek/Business Insider Fisker shares revved up 17% on Friday after the company and Foxconn finalized agreements to develop a "breakthrough" electric vehicle. Production of the vehicle is expected to begin in 2023 in the US. Fisker is aiming to begin production on its Ocean SUV in Europe in 2022. See more stories on Insider's business page. Shares of Fisker sharply jumped Friday after the company finalized a dea...
Tags: Apple, Europe, India, Cars, US, Trends, Markets, Taiwan, Electric Vehicles, Foxconn, Ev, Fisker, Hon Hai Precision Industry Co, Henrik Fisker Fisker, Carla Mozee, Ocean SUV


Australia live news: 70 people barred from first India repatriation flight; Morrison comments on Israel-Palestine conflict

Around 70 people due to be evacuated from New Dehli have either tested positive for Covid or are close contacts of cases; PM talks about ‘deeply sensitive’ Middle East situation. Follow the latest updatesMore than 70 out of 150 Australians in India unable to fly on first repatriation flightNSW MP Gareth Ward steps down as minister over sexual violence allegations which he deniesAnthony Albanese pledges $10bn social housing fund in Labor’s federal budget reply 7.26am BST Incidents of family v...
Tags: Health, Business, Labor, Australia, Housing, India, Australia news, Coalition, Australian politics, Middle East, New South Wales, New South Wales politics, Victoria, Scott Morrison, Australian economy, Anthony Albanese


Fauci says rich countries have the 'moral responsibility' to help other nations tackle COVID

Anthony Fauci, director of the National Institute of Allergy and Infectious Diseases, in the White House in January 2021. MANDEL NGAN/AFP via Getty Images Dr. Anthony Fauci said rich countries have a "moral responsibility" to help low and middle-income nations. Fauci highlighted the COVID crisis in India and said other nations should help them with vaccines. India is the new epicenter of the pandemic, with soaring infection rates and a mounting death toll. See more stories on Insider's...
Tags: News, White House, Politico, India, Narendra Modi, US, Trends, Getty Images, Healthcare, World Health Organization, Vaccine, Biden, Anthony Fauci, Reuters, Fauci, Mandel Ngan AFP


Australia live news: 70 people reportedly barred from first India repatriation flight; Morrison comments on Israel-Palestine conflict

Around 70 people due to be evacuated from New Dehli have either tested positive for Covid or are close contacts of cases; PM talks about ‘deeply sensitive’ Middle East situation. Follow the latest updatesNSW MP Gareth Ward steps down as minister over sexual violence allegations which he deniesAnthony Albanese pledges $10bn social housing fund in Labor’s federal budget reply 6.12am BST It’s been reported that about 70 Australians will be unable to fly on the first repatriation flight schedule...
Tags: Health, Business, Labor, Australia, Housing, India, Australia news, Coalition, Australian politics, Middle East, New South Wales, The Guardian, New South Wales politics, Scott Morrison, South Australia, Australian economy


How to Use Google Pay for Business

The more form of payments you accept as a business, the more opportunities you give yourself to increase your revenue. Implementing Google Pay to your business gives you another opportunity. The goal of this guide is to give you a complete overview of Google Pay for your business so you can gain a better understanding of the platform. What is Google Pay for a Business? Originally started in India and called Android Pay it is now available in more than 70 countries around the world. Google Pay...
Tags: Google Chrome, Google, India, Sales, Customers, Nfc, Google Wallet, UPI, VPA, Technology Trends, EMV Europay Mastercard Visa, Implementing Google, VPA Google, Start Integrating Google, Google Pay Logo


Ethereum creator Vitalik Buterin donated $1 billion to a COVID relief fund for India using Shiba Inu - a tiny token that has gained 1,000% in a week

Founder of Ethereum Vitalik Buterin during TechCrunch Disrupt London 2015 John Phillips/Getty Images for TechCrunch Vitalik Buterin, Ethereum's creator, donated Shiba Inu coins worth $1 billion to a COVID-19 relief fund for India. The dogecoin-inspired Shiba Inu token has gained almost 1,000% over the past week. The crypto COVID-19 relief fund for India was set up last month as the pandemic escalated in the country. Sign up here for our daily newsletter, 10 Things Before the Opening...
Tags: London, India, Trends, Markets, Crypto, Cryptocurrencies, Ethereum, Coinmarketcap, Dogecoin, Shiba Inu, Vitalik Buterin, Ether, John Phillips Getty, Buterin, Ethereum Vitalik Buterin, COVID


The US shouldn't prioritize vaccinating teens over donating shots abroad if it wants to get back to normal, experts say

A teen 'COVID-19 student ambassador' received a dose of Pfizer at Ford Field on April 6, 2021 in Detroit, Michigan. Matthew Hatcher/Getty Images The US is expected to expand its vaccine rollout to teens as soon as Thursday. Meanwhile, low and middle income countries haven't vaccinated their most vulnerable people. To get back to normal, the US need to both immunize teens and send doses abroad, experts told Insider. See more stories on Insider's business page. In January, Dr...
Tags: Health, Politics, Abc, India, US, Los Angeles, Trends, Joe Biden, Teen, Ford, Healthcare, Who, Astrazeneca, Fda, University of Bristol, Pfizer


Oil and gasoline tumble after the Colonial restarts its pipeline after the cyberattack shutdown

Getty Images / Jim Watson Oil and gas prices fell on Thursday morning after the Colonial Pipeline said it would restart. The pipeline had been targeted in a cyberattack which led to its shutdown. Resulting energy supply shortages had driven up oil and gas prices at the beginning of the week. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Oil, gasoline and diesel prices fell sharply on Thursday, after Colonial Pipeline said it would restart operations following...
Tags: India, US, Trends, US Energy Information Administration, Colonial Pipeline, COVID, Opening Bell Oil, Sophie Kiderlin, Colonial Pipeline Company, Getty Images Jim Watson Oil


Global stocks tumble after US inflation hits 13-year high, shaking investors and adding to pressure on the Fed

Investors sold stocks and bonds after the inflation data. Richard Drew/Associated Press Global stocks tumbled and futures fell on Wall Street after data showed a surge in US inflation. Year-on-year CPI inflation shot up 4.2% in April, the biggest rise since 2008. Higher inflation makes stocks look less attractive and could see the Fed cut back on support. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Stocks tumbled in Asia and Europe, while futures fell for the ...
Tags: Asia, Europe, Japan, Elon Musk, London, China, India, US, Trends, Tesla, Treasury, Federal Reserve, Dow Jones, Fed, Chris Beauchamp, Jim O Sullivan


A recently-imposed law in India is preventing local charities from accessing foreign donations, as the country keeps struggling with COVID-19

A critical patient who tested positive for COVID-19 is been taken to an ICU unit at a COVID-19 care hospital in Kolkata, India, on April 22, 2021. Debarchan Chatterjee/NurPhoto via Getty Images India is struggling to bring its rampant COVID-19 outbreak under control. Around the world people and companies have donated oxygen and PPE, and millions of dollars. But a law is stopping charities from distributing aid to smaller groups, making it hard to reach those in need. See more stories on I...
Tags: Politics, India, Narendra Modi, US, Trends, New York Times, Healthcare, News UK, The Times, Oxfam, The New York Times, Times, Modi, State Bank of India, Kolkata India, Devex


What diabetics should know about the deadly 'black fungus' infections affecting India's COVID-19 patients

BSIP / Contributor/Getty Images Hospitals in India have seen a rise in cases of mucormycosis, or "black fungus," a life-threatening infection. Most of the patients affected are people with diabetes who previously had COVID-19. Diabetes, COVID-19, and steroids, which are sometimes used to treat COVID-19, all dampen the immune system, elevating a person's risk of "black fungus." See more stories on Insider's business page. As India grapples with record-setting rates of COVID-19 cas...
Tags: Science, Cdc, India, US, Trends, Diabetes, Infection, Mayo Clinic, Don, India India, Fungus, International Diabetes Foundation, Coronavirus, COVID, Kelsie Sandoval, Centers for Disease Control and Prevention It s


Ray Dalio says crypto could be a victim of its own success by inviting regulation - and his comments follow tough words from watchdogs

Ray Dalio is one of the most successful hedge fund bosses of all time. Thomas Peter/Reuters Ray Dalio said cryptocurrencies could become a victim of their own success by inviting regulation. The billionaire hedge fund boss's comments follow tough words from regulators in the UK and US. Dalio has said governments could get tough on crypto if it threatens their control over money. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Billionaire hedge fund boss Ray Da...
Tags: UK, India, US, Trends, Bank Of England, Turkey, Crypto, Gensler, Congressional, Andrew Bailey, Gary Gensler, Ray Dalio, Dalio, US Securities and Exchange Commission, Bridgewater Associates, Harry Robertson


'Champions League of tax avoidance:' Uber used 50 Dutch shell companies to dodge taxes on nearly $6 billion in revenue, report says

Uber CEO Dara Khosrowshahi. Riccardo Savi/Getty Images Uber used around 50 Dutch shell companies to help reduce its global tax burden, an Australian research group found. Despite earning $5.8 billion in global revenues in 2019, Uber claimed a $4.5 billion loss for tax purposes. One researcher called Uber's alleged scheme "the Champions League of tax avoidance." See more stories on Insider's business page. Uber has been using a complex tax shelter involving around 50 Dutch shell com...
Tags: Transportation, Uber, Politics, Taxes, Australia, Finance, China, Singapore, India, US, International, Trends, Markets, Joe Biden, Netherlands, Bermuda


COVID-19 case rate continues falling in LA County; 18 more deaths confirmed

The rate of new COVID-19 infections continued falling in Los Angeles County on Tuesday, May 11, with new state figures showing the county still safely entrenched in the yellow tier of the state’s economic-reopening blueprint. The state’s weekly release of county-by-county COVID metrics showed Los Angeles County’s average rate of daily new infections falling to 1.4 per 100,000 residents. The rate last week was 1.6. The county’s testing-positivity rate held steady at 0.7%, while the positivity rat...
Tags: Health, Business, News, Education, Government, India, Environment, Sport, Public Health, Soccer, Community, County, Los Angeles County, U S Food and Drug Administration, U S Centers for Disease Control and Prevention, Ferrer


Russian weapons are creating a headache for the US as it looks for partners to counter China

Russian S-400 surface-to-air missile systems during the Victory Day parade in Moscow's Red Square, May 9, 2015. REUTERS/Sergei Karpukhin The US has sought to improve its relationship with countries in Asia to counter China's rising influence. India has been a major target of that effort, but New Delhi's purchase of major Russian weapons may complicate the US's engagement. See more stories on Insider's business page. US efforts to build closer ties with India face a test...
Tags: Asia, Vladimir Putin, Washington, White House, China, Russia, India, Defense, Narendra Modi, US, International, Trends, Turkey, Joe Biden, Austin, Moscow



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