Congressional Leaders Reach $1.59 Trillion Spending Deal to Avoid Potential Shutdown

Congressional Leaders Reach $1.59 Trillion Spending Deal to Avoid Potential Shutdown

Congressional Leaders Announce $1.59 Trillion Spending Deal Overview Congressional leaders have reached a $1.59 trillion deal on top-line spending in a race to avoid a potential government shutdown. The deal establishes an overall spending budget of $1.59 trillion for the 2024 fiscal year, with $886 billion allocated to military spending and $704 billion for non-defense…

U.S. Lawmakers’ Visit to China Amid Strained Relations and Potential Biden-Xi Summit

U.S. Lawmakers’ Visit to China Amid Strained Relations and Potential Biden-Xi Summit

U.S. Lawmakers Lead Congressional Visit to China A delegation of U.S. lawmakers led by Senate Majority Leader Chuck Schumer arrived in China on Saturday in the first congressional visit to the country since 2019. The trip comes amid a sharp deterioration in relations between the two countries and as Chinese and American officials try to…

Spotify Unveils New Business Model: Audiobooks Now Included for Premium Subscribers

Spotify Unveils New Business Model: Audiobooks Now Included for Premium Subscribers

Spotify Unveils Free Audiobooks for Premium Subscribers New Service to Launch in the U.K. and Australia, Coming Soon to the U.S. Spotify, the popular music streaming platform, is expanding its reach into the world of audiobooks. At an event hosted in its New York offices on Tuesday afternoon, the company announced a new business model…

Meta Teases Meta Quest for Business: A New Enterprise AR Platform Launching in October

Meta Teases Meta Quest for Business: A New Enterprise AR Platform Launching in October

Meta Quest for Business: The Next Step for Enterprise AR Meta’s Quest headsets have long been reliably consumer focused – at least until last year’s Quest Pro launch. Meta, like Magic Leap and Microsoft before it, has seen the writing on the wall. The real money is in enterprise. At today’s Connect conference in Menlo…

Why Disney’s Potential Sale of ABC Signals the End of Traditional TV

Why Disney’s Potential Sale of ABC Signals the End of Traditional TV

Disney’s Motivation to Sell ABC and Its Impact on the Industry Introduction When a person or company sells something, the goal is usually to maximize profits. However, for Disney, the potential sale of ABC and its owned affiliates, linear cable networks, and a minority stake in ESPN goes beyond financial considerations. It serves as a…

Trump Raises Concerns about High Interest Rates and Potential Pressure on Powell as Fed Chair

Trump Raises Concerns about High Interest Rates and Potential Pressure on Powell as Fed Chair

Former President Trump Criticizes High Interest Rates and Discusses Potential Pressure on Federal Reserve Chair Powell Former President Donald Trump expressed concern about high interest rates and hinted at potentially pressuring Federal Reserve Chair Jerome Powell to ease monetary policy if he were to be reelected. In an upcoming interview on NBC’s “Meet the Press,”…

Startup and Tech News: Layoffs at Divvy Homes, Databricks’ Series I Funding, and Lime’s Potential IPO

Startup and Tech News: Layoffs at Divvy Homes, Databricks’ Series I Funding, and Lime’s Potential IPO

Listen here or wherever you get your podcasts. Welcome back to Equity, the podcast that delves into the business of startups, uncovering the numbers and nuances behind the headlines. In today’s episode, we have the pleasure of having Kirsten join Mary Ann and Alex once again. It’s always a treat to have her on the…

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