Hello and welcome back to Equity, a podcast about the business of startups, where we unpack the numbers and nuance behind the headlines.

• Stocks are up around the world, which is a nice thing to wake up to. Crypto prices are down a smidgen, but nothing major
• There's FTX-Binance drama afoot, in case that's your jam.
• On the Twitter beat, in the wake of rehires Musk is tweaking his work on moderation policies regarding impersonation, verification appears to be on hold, and more.
• PhotoRoom raised $19 million, the Unity megadeal is complete, no matter what we thought about it, and Yassir just raised $150 million from Bond. Has Bond been quiet lately? Not sure but dang, this round was a big one.
• There's an election tomorrow in America.

And that’s our show! More Wednesday!

Equity drops at 7 a.m. PT every Monday and Wednesday, and at 6 a.m. PT on Fridays, so subscribe to us on Apple Podcasts, Overcast, Spotify and all the casts. TechCrunch also has a great show on crypto, a show that interviews founders, one that details how our stories come together, and more!

Credits: Equity is produced by Theresa Loconsolo with editing by Kell. Bryce Durbin is our Illustrator. We'd also like to thank the audience development team and Henry Pickavet, who manages TechCrunch audio products.