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Squawk Pod

Biden’s Drug Pricing Push, ChatGPT for Business, & Meta’s Disinformation Discovery 8/29/23

Squawk Pod

CNBC

Business News, Investing, Business, News

4494 Ratings

🗓️ 29 August 2023

⏱️ 28 minutes

🧾️ Download transcript

Summary

The Biden administration has unveiled the first 10 prescription drugs that will be subject to price negotiations between manufacturers and Medicare. CNBC’s Bertha Coombs and Centers for Medicare and Medicaid Services Administrator, Chiquita Brooks-Lasure, discuss the announcement, how the list of drugs were chosen, and more. Amazon CEO Andy Jassy is reportedly ready to let go of remote employees who’d rather stay remote, and OpenAI is launching its chatbot business tier, called ChatGPT Enterprise. Plus, CNBC’s Eamon Javers reports, Meta says it has disrupted a disinformation campaign linked to Chinese law enforcement, what the platform has called the “largest known cross-platform covert influence operation in the world.” Bertha Coombs 15:50 Chiquita Brooks-LaSure 20:33 Eamon Javers 28:17 In this episode: Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk Eamon Javers, @EamonJavers Chiquita Brooks-LaSure, @BrooksLaSureCMS Bertha Coombs, @berthacoombs Katie Kramer, @Kramer_Katie

Transcript

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0:00.0

Bring in show music please.

0:03.0

Hi, I'm C. NBC producer Katie Kramer, today on Squawk Pie.

0:09.0

The first step in a long road to lower prescription drug prices,

0:13.3

CNBRAKumes with the list of drugs under negotiation.

0:17.6

By the time we get to the end of the decade,

0:20.0

up to 60 drugs will have been negotiated under this program.

0:24.8

Disinformation on Facebook, this time in China,

0:28.2

Aiman Javers in DC.

0:29.6

The campaign which appeared to be centrally controlled in China was active on more than 50

0:33.7

platforms including Facebook Instagram X and others. Those stories today plus

0:38.9

Hurricane Idalia heading to Florida Toyota's production problems

0:43.0

Amazon's Andy Jassy makes the rules.

0:45.4

No data.

0:46.4

My data is called CEO.

0:48.4

Right.

0:49.4

And please don't replace our talents with AI.

0:52.8

I'm a member of the screen actors go.

0:54.5

I think I am too from my, you know,

0:56.9

that groundbreaking performance I had on images.

1:00.4

What's the gling close?

1:01.4

Yeah, Yeah.

1:03.0

It's Tuesday, August 29th, Squack Pod begins right now.

...

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