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 Monday show, in which we take a look back at the weekend and what’s ahead in the week.
We’re coming to the end of earnings season, which means that there are just a few weeks left in the first quarter.
With spring in the air, here’s what we got into this morning:
Apple today is continuing its investment in sports and subscriptions business with the launch of a new app for iPhone users, Apple Sports.
While the app itself is free to use, it can help Apple direct customers to its other subscription offerings in live sports, via its Apple TV app where users can watch live games from Apple and their other apps.
Last year it also began offering the MLS Season Pass through the Apple TV app, for $14.99 per month or $99 per season.
Sports can help Apple to grow its services revenue, which hit a record of $22.3 billion in the fourth quarter, encompassing areas of Apple’s business including Apple TV+, Apple Music, iCloud, the App Store, advertising and more.
Apple TV+ subscribers can add MLS Season Pass at a discounted rate of $12.99 per month or $79 per season.
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Most interesting startup stories this weekIt’s been a decade since Aileen Lee coined the term “unicorn” in a TechCrunch article to describe a startup valued at more than $1 billion.
If you’re only reading two things on TechCrunch this week, make it Startups Weekly — and Lee’s article.
Who knows, but that doesn’t stop a bunch of really interesting startups from raising absolutely buckets of cash.
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If you’re feeling the holiday spirit this month, you probably align with millions of people out there spreading joy, love, warmth, maybe even some generosity.
ZachXBT, a well-known independent crypto researcher, wrote on X that one victim had more than $600,000 in crypto drained from their account.
What’s happening in web3The latest podFor this week’s episode, Jacquelyn interviewed Johann Kerbrat, the general manager of crypto at Robinhood.
Johann is leading the application’s effort to expand its crypto exchange business and make digital assets more accessible to retail investors.
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