Alexis Ohanian’s New Stake in Chelsea Women FC 5/15/25

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 15 May 2025

⏱️ 30 minutes

🔗️ Recording | iTunes | RSS

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Summary

Reddit co-founder Alexis Ohanian is doubling down on his bets on women’s sports with a minority stake in the Chelsea Women FC. Ohanian discusses the future of sports and media, as well as the latest controversy over AI bots on Reddit. In Qatar, President Trump has a bone to pick with Apple CEO Tim Cook, and investor Steve Cohen made a call about the likelihood of recession at the Sohn Conference in New York. Plus, Warren Buffett has explained why he’s ready to step down from Berkshire Hathaway, and Dick’s Sporting Goods has agreed to buy Foot Locker. Alexis Ohanian - 17:24 In this episode: Alexis Ohanian, @alexisohanian Kelly Evans, @KellyCNBC Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music, please.
0:03.0	Hi, I'm CNBC producer Katie Kramer.
0:07.0	Today on Squawk Pot.
0:09.0	Investing in women's sports, tech entrepreneur Alexis Ohanian,
0:13.0	buying a 10% stake in the Chelsea Women's Football Club,
0:16.0	one of the world's most valuable teams, and he's leveraging community. There's a new fan in town, and they're consuming via their phone first and foremost all the time,
0:25.6	not just when their favorite teams are actually playing on the pitch.
0:28.6	Plus the latest on the search for an American buyer for TikTok,
0:32.6	and how artificial intelligence is changing what we share.
0:36.6	I do think people underestimate just how much of the content they see online broadly
0:41.3	is either outright AI generated or in some way, you know, semi-automated.
0:47.1	And Warren Buffett speaks about his decision to step back,
0:50.5	a mega merger at the mall,
0:52.3	and President Trump's Mid-East visit sparks deals and duets.
0:56.4	A lot of ring kissing across the board over in Saudi Arabia. A lot of CEOs.
1:01.0	It is Thursday, May 15, 2025. Squawk Pod begins right now.
1:06.7	Stand by Joe, and three, two, one, his mic. Here.
1:12.6	Oh, I'm doing this.
1:14.0	Good morning and welcome to Squawk Box here on CNBC, live from the NASDAQ market site in Times Square.
1:19.8	Here's why.
1:20.9	I'm Kelly Evans.
1:22.0	No, I'm Joe Kernan, but this is Kelly Evans.
	...

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