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TechCheck

Apple, Google & “The Gatekeepers” 1/16/24

TechCheck

CNBC

Faang, Business, Cnbc, Management, Investing, Disruptors, Tech, Technology

4.566 Ratings

🗓️ 16 January 2024

⏱️ 13 minutes

🧾️ Download transcript

Summary

After a stumble to start 2024, there’s been a rotation to quality. The biggest tech stocks have continued their dominance… So what are the major roadblocks to that story this year? It comes back to Europe.

Transcript

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0:00.0

After a stumble to start 2024 there's been a rotation to quality the biggest tech stocks have continued their dominance

0:07.3

So what are the major roadblocks to that story this year?

0:11.3

It's Monday January 16th.

0:13.0

Welcome to the Tech Check Podcast.

0:14.6

I'm Deirdre Bosa with Mark Gilbert.

0:17.2

Happy end of the long weekend.

0:19.7

Yeah, hey, good morning.

0:21.0

Happy Monday.

0:22.2

Today on the pod,

0:23.4

Margaret, oh my God, I got it wrong. Tuesday, short week. We're already done with

0:28.6

Tuesday. Today on the pod, uh, Margaret Vestager, infamous if you follow Tech, famous I should say, she is the

0:37.9

EU's antitrust commissioner for the European Commission. She really has made a name for herself going after big

0:45.7

tech companies and antitrust issues. She came out to San Francisco, met with the

0:51.0

CEOs of the biggest companies in Silicon Valley,

0:53.6

Tim Cook, Sundar Pachai, Jensen Huang, and you guys,

0:57.5

D, sat down for an interview and talked.

1:01.2

I always love talking to EVP Vestager. She's so smart on these topics and

1:07.1

unlike our regulators that come and go with each administration she's been in her

1:12.4

position for nearly a decade. So that gives

1:15.4

her a lot of time to get things done and like as we're on year nine you can see the

1:20.6

kind of concessions that she's won from big tech. You called

1:23.7

her infamous at first. Infamous if you're a big tech company. Like an Apple or

...

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