Banning TikTok? And How to Survive a Pandemic 03/07/23

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2 • 543 Ratings

🗓️ 7 March 2023

⏱️ 27 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

The move to ban foreign technology – including TikTok – gains traction in Congress. Sen. Mark Warner (D) Virginia describes his new bill, to take a more holistic approach at technology developed in China. Three years this month since Covid-19 was declared a pandemic, Semafor business and finance editor Liz Hoffman shares her inside account of how the CEOs of the world’s biggest companies responded to crisis and changed how they operate - forever. Hoffman’s book “Crash Landing” is out today. The Department of Justice is prepared to block the proposed merger of Jet Blue and Spirit Airlines, details of Presdient Biden’s budget proposal are starting to emerge and the company formerly known as Weight Watchers is taking a look at the Ozepmic craze. In this episode: Sen. Mark Warner, @MarkWarner Liz Hoffman, @lizrhoffman Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Katie Kramer, @Kramer_Katie

Transcript

Click on a timestamp to play from that location

0:00.0	Bring in show music please.
0:03.0	Hi, I'm C NBC producer Katie Kramer today on Squack Pot.
0:08.0	Senator Mark Warner on the push to ban Tik-Toc.
0:12.0	We've had this wack-a-mole approach on on the push to ban Tic-Toc.
0:12.6	We've had this whack-a-mole approach on foreign-based technology for years.
0:17.0	Bipartisan legislation being introduced today to limit foreign technology in the U.S.
0:22.0	This is a modern framework that would take on
0:24.0	foreign communication technologies across the board. We include
0:27.0	artificial intelligence, we include quantum computing, we include synthetic biology.
0:30.8	And three years and a lot of change since March 2020.
0:35.0	Semaphores Liz Hoffman has one of the first inside accounts of corporate
0:40.0	leaders facing the pandemic.
0:41.6	I think there's a piece of 9-11 in this it was a fear event. People were
0:44.8	afraid. Plus an airline merger on the brink. It's the highest number of antitrust
0:50.7	actions ever taken. This would have created the fifth largest airline in the US.
0:56.0	And the Biden budget 2024, early details coming out.
0:59.4	He had the House and the Senate until January.
1:03.3	If you wanted to do something like this,
1:05.1	probably should have done it a little earlier.
1:07.0	It's Tuesday, March 7th, 2023,
1:09.8	Squawkpod begins right now.
1:11.9	Stand Becky by in three, two, one, cue please.
	...

Please login to see the full transcript.

Previous episode | Next episode

Disclaimer: The podcast and artwork embedded on this page are from CNBC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of CNBC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.