Equity cover image

Equity

Acquisitions are heating up, and Mercury eyes the fintech crown

May 10, 2024
Financial journalist Mary Ann Azevedo, transportation reporter Kirsten Korosec, and tech journalist Alex Wilhelm discuss FTX compensating crypto fraud victims, the growth of in-person mental healthcare startup May Health, Motional's robotaxi plans, Mercury's expansion into software, and recent tech acquisitions. They also bid farewell to Alex Wilhelm after 7 years with the podcast.
31:43

Podcast summary created with Snipd AI

Quick takeaways

  • FTX announces return of funds to crypto fraud victims, highlighting positive outcome from the situation.
  • Motional focuses on core tech after Hyundai investment, delaying driverless service launch to 2026.

Deep dives

FTX Crypto Fraud Victims Get Money Back

FTX announces the return of funds to crypto fraud victims with an amount ranging from 14 to 16.3 billion, including interest. While some victims are discontent that they are not receiving the full appreciation if they had held onto the crypto, it's a positive outcome from the catastrophic situation.

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