Howdy and welcome again to Equity, TechCrunch’s enterprise capital-focused podcast the place we unpack the numbers behind the headlines.

That is Equity Monday, our weekly kickoff that tracks the newest huge information, chats concerning the coming week, digs into some latest funding rounds and mulls over a bigger theme or narrative from the personal markets. You possibly can comply with the present on Twitter here, and myself here, and don’t neglect to take a look at final Friday’s episode.

As you most likely anticipated, we had so much to say concerning the TikTok -Microsoft tie-up that’s one way or the other nonetheless afoot. Different issues occurred too, don’t fear. Right here’s the rundown:

  • The TikTok-Microsoft deal is again on.
  • Lordstown Motors is looking to go public via a SPAC. To which we have now to say that the EV increase and SPAC crush are going to fuse and lose some folks some huge cash. Not this deal, essentially, thoughts.
  • Google is dumping cash into ADT as a part of a Nest deal.
  • And Zoom’s latest move regarding the Chinese market looks like a harbinger of occasions to return.
  • On the TikTok entrance, Microsoft by no means actually absolutely deserted client {hardware} and software program, it simply pruned deeply beneath its present CEO Satya Nadella. Home windows Telephone? Gone. Floor? Greater than ever. Mixer? No. Bing? Yep. That type of factor. And Microsoft, like all trendy super-platform, doesn’t simply need to personal your time when you find yourself at work. It desires to burn your eyes out across the clock.
  • For a host of ByteDance backers like Yuri Milner, Sequoia Capital China, Normal Atlantic, SoftBank, and Goldman Sachs and Morgan Stanley, the deal may very well be slightly profitable, we presume.
  • Rounds for Wejo (coverage here), Lezzoo (coverage here), and Feather (coverage here).
  • Lastly, why does Microsoft need to purchase TikTok? We had a lot of concepts that every one type of summed to possibly, however after we ran by means of the massive tech firms that have been attainable suitors — ports within the Trump storm — possibly Microsoft makes extra sense than we might have guessed?

Regardless of the case, we are able to’t wait till Satya broadcasts the deal by dancing and pointing at textual content on a display screen whereas carrying one thing foolish.

Fairness drops each Monday at 7:00 a.m. PT and Friday at 6:00 a.m. PT, so subscribe to us on Apple PodcastsOvercastSpotify and all of the casts.

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