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Hello and welcome back to Equity, TechCrunch’s venture capital-focused podcast where we unpack the numbers behind the headlines. Or, as in today’s episode, talk our way through some big breaking news from the technology world so that we can better understand just what is going on.

Danny and Alex got together late Friday on a Twitter Space to discuss Microsoft’s decision to pull LinkedIn from the Chinese market, a move that lit up headlines around the world. That LinkedIn was still in China in 2021 may feel more surprising than the news that it will exit that particular market, but the moment matters all the same as it marks the end of an experiment — could a mega-tech company have a US HQ and a first-party service live in China?

Er, no, it turns out. Not really.

Microsoft found itself jammed between

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