Disruptiv Newsletter: Meta 📱Intel 📉 Bitcoin 💰and more

Welcome to the Disruptiv newsletter! You're about to get this week's top tech and innovation insight that we saw this week. Enjoy! [disruptivflow-header] Hello FlowBankers Welcome to the Disruptiv newsletter! A weekly aggregate of relevant tech-focused quick takes. Saturday 6th April, 2024 [Start trading](113/cXx8Z04/VVLllh21d8n3W5wbLmp3ZQH47W31NlPp5cyFLlN5_C1mM2-ZVTW6N1vHY6lZ3m9W3yk4ZW1ZBKL7W4Hsz1P3d1nNFN4ZDF6mfzbLkW3Vfs_z2K4RHXW6d08DG92lQ8LVjDyz01Jf92nW7CJwqS1nJN34W54VFt42QmwrpW5G6wS21lKcmMW5rJ0MP6n7kg7W6j5MQh6pq17dVSbL4K4M0HlrW3gnjQs6vbL-QW86l38M377J2CW8PWSzK3fJgZVW3BSsyW7528G8W670Gwg2DbDY6W42WPXK3kqzmLW2NKT3B3Vd-TzW5YHRHr3mrRjsW6Sf2Xc12_J2pW5DgfWq8HRGBMf8kSNkz04) FlowBank tech articles 📚 What is an IPO? [shutterstock_20420359_IPO Cover.jpg](113/cXx8Z04/VVLllh21d8n3W5wbLmp3ZQH47W31NlPp5cyFLlN5_C1m82-ZVTW5BW0B06lZ3lcW7gw5xs5vsWR1W8zqkZL1wyXRPW1tlw_f1FCt8bW2h41pB39ZrxWW2Nh9xV1Mj_BjV2qcXm7X4sDPW9knlcg6SRRjJW8nmyXx1cLcPkW6X84dw2S2SFXN2vZdJRw_N-LW7b_9Js6-FXklW9g8nG01gKlG3W37pwt05l2ysGW1dYJdQ8FBR7YW1R9dXB4DrqKtW3yND2v73CfbDW7nSlJ-2byw3BV6JkCY85s7fDf4DgG6W04) Feeling left out of the loop of the IPO buzz? The jargon, the hype, and the complexity can be overwhelming but you can fix that right now. Gain complete clarity with our guide to what is, it breaks why companies choose to go public and list on a stock exchange, the pros and cons of doing so and lists famous past IPOs and potential future listings. [Read me](113/cXx8Z04/VVLllh21d8n3W5wbLmp3ZQH47W31NlPp5cyFLlN5_C1ms2-ZVTW69sMD-6lZ3mYN34Vg-sTQGB-W5KKXv81JrLVnV_VmHM8c8ZP2W5J6YWz801rzYW4g-nsS1d-WKHVd_Xgv7NbJ4xW4LsMBX6D2PL0W4bN4WJ42LtqjV_lPLB2khCTRW7-Sjfb9fpk_pW2Jwc3T26LKGvW1PtkRb3cgDWQW2c6dSB6KB4R1W8crQLh9jWRwNW6jH2TB5qN42HW3w8SbL2x8WbbW2Fd9jC9bQjBzW6LKtc31lwSTkN8rL5Z0SD56pW42wHPl21T4Q1f2Vjkyg04) Big Technology 🍎 - Intel's stock fell over 4% after revealing a $7 billion loss in its foundry business for 2023, a drop from the previous year's $5.2 billion loss. Despite this, the company aims for the foundry sector, which generated $18.9 billion in sales, to reach break-even by 2030. Under CEO Patrick Gelsinger, Intel is expanding its manufacturing to serve other companies, buoyed by nearly $20 billion in CHIPS and Science Act funding, emphasizing its key role in U.S. semiconductor production. - Meta's shares reached a new high after analysts from Jefferies and RBC upgraded their price targets, citing the company's growing dominance in the digital ad market. Following a rough 2022, Meta's stock has risen about 45% this year, bolstered by cost reductions and a focus on ad business improvements. The company is expected to outpace Amazon in ad revenue growth, with analysts noting Meta's advantage over competitors and potential gains from TikTok's challenges in the U.S. - HubSpot's stock climbed 5% on news that Alphabet is considering a bid for the company. Alphabet is weighing the offer's size and regulatory hurdles amid antitrust scrutiny. With a market cap around $32 billion before the news, HubSpot represents a significant potential acquisition for Alphabet, highlighting the tech giant's ongoing expansion and the regulatory landscape's impact on big tech mergers. VC + Startups 🎯 - StepsConnect, a Milan based recruiting platform that helps companies quickly find qualified candidates thanks to an innovative candidate experience, has closed a €1 million investment round, subscribed by a group of investors formed by 40Jemz Ventures, Eden Ventures by IAG, Maggioli Ventures, Moffu Labs, GĔNĔRAS Corporate, Moonstone Fund, KF-Invest and Enzima12. - - Pigment, a business planning platform that helps organisations plan ahead and make better strategic decisions, announced a €133 million Series D funding round, led by ICONIQ Growth, who also spearheaded Pigment’s Series C investment close to a year ago. - Telness Tech, a full automation software company for the telecommunications industry, secures €5 million in bridge-funding amid a rapid international expansion, swapping operational founder roles and gearing up for new market entries. Crypto 👾 - Grayscale's Bitcoin spot ETF fund has experienced significant outflows, losing over $15 billion since January. The fund currently holds 328,012 BTC, but if the outflows continue at the current pace, it could run out of Bitcoin by July 8. However, recent outflows have slowed down, and Grayscale has filed for a new "mini" Bitcoin ETF to compete better. - Bitcoin's price dropped below $67,000, erasing gains from the previous week and causing the wider crypto market to fall. The total market cap of all cryptocurrencies dropped by 5.2% to $2.6 trillion, with Ethereum and other top tokens also experiencing losses. Over $426 million was liquidated in the past 24 hours, and the price dip coincided with the U.S. dollar index reaching its highest point this year. Law and regulation 🕵️ - Paraguay is facing a power crisis due to the surge in electricity demand caused by illegal crypto mining farms. To address this issue, lawmakers have introduced a bill to temporarily ban all activities related to the crypto mining industry. The bill aims to establish a regulatory framework and ensure sufficient infrastructure before allowing crypto mining to resume - Nigeria's federal government is collaborating with Interpol, the FBI, and other governments to seek the extradition of a Binance executive who escaped detention in the country. Nadeem Anjarwalla, Binance's regional manager for Africa, was being held under a court order; following his escape, Nigeria's EFCC and FIRS filed charges against him and fellow Binance executive Tigran Gambaryan, who remains in detention in Nigeria. Disruptiv Figure 📊 Apple and Tesla Drag Down S&P 500's Stellar Quarter Despite the S&P 500's impressive first-quarter performance in 2024, recording a 10.6% return and reaching new highs fueled by excitement in artificial intelligence, Apple and Tesla lagged significantly. Referred to as the "Dreadful Two" instead of their previous "Magnificent Seven" status, Apple and Tesla saw their stock prices fall by 11% and 29% respectively. This downturn was attributed to Apple's uncertain future growth prospects and Tesla's challenges with demand slowdown, increasing competition, and Elon Musk-related controversies, collectively dampening the S&P 500's potential gains by 1.3 percentage points. Source: Statista [32015] [INSTAGRAM](113/cXx8Z04/VVLllh21d8n3W5wbLmp3ZQH47W31NlPp5cyFLlN5_C1m82-ZVTW5BW0B06lZ3mYW4S8F-V7GY0xNW2CmTzC2Dtp83W8_qbns1Ft1MMV2w6fM3s_FG-W6z9JS14jjT02W6gpbGW5vps2XW1cyQSf17fN0kW45pBbc6GyFMrMglKsDtRBk_W49pzXm1yfK8ZN5HrB5T5YHKhVZy0Zr3NHhZ4W2RKMBB2yFmKYW4_kPn25j3jwpW1Kk87549LKR5W5d445N4Pp4jrW8sq87J91bTPMW2BD32t600LB7f7rCcHd04)Highlights Click [here](113/cXx8Z04/VVLllh21d8n3W5wbLmp3ZQH47W31NlPp5cyFLlN5_C1m82-ZVTW5BW0B06lZ3mHW70lb4w8yP14mW4hVcQB8Q0t99W7p6gdM58VkjxW6lgQG81fc6hrW5kScjc2qWZQmW20xNnd3Xx65GW8h8r5T1NsNtvN1tLx8NCJ9KWW3kCXl22dp51gW703_Jl85DbBFW3gHncl3jZ1nNW6-4sc18SddTGVg5JpL516H88W1Qwsfv5MJNMlW8kdMgs8KlYkcW2rKNkp3HF47HW8tbPRg6J0DCqW99c9Dh2V4Klff20W8MW04)to see our page. [ambass] Don't forget to... 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