Big Tech with Steve Ballmer; U.S. Energy with Chevron CEO

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 7 October 2020

⏱️ 33 minutes

🔗️ Recording | iTunes | RSS

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Summary

LA Clippers Chairman and former Microsoft CEO Steve Ballmer discusses the prospect of breaking up tech giants after the House Judiciary Antitrust Subcommittee released its 450 page report on Facebook, Google, Apple, and Amazon. Ballmer, also the founder of USAFacts, addresses misinformation and the value in fact-finding ahead of the Presidential election. Chevron CEO Michael Wirth shares his company’s efforts to achieve gender parity in the energy industry, as well as the pandemic’s impact on oil prices. Plus, the team remembers guitar legend Eddie Van Halen.

Transcript

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0:00.0	This is Guacapod. I'm C. M.C. producer Katie Kramer, today on our podcast.
0:07.0	Big Tech is a monopoly, says Congress in the wake of the antitrust report from a House
0:11.4	subcommittee former Microsoft CEO Steve Balmer talks big tech,
0:15.8	breakup.
0:16.8	Do I think all this threat of breakup, blah blah blah.
0:19.5	Is it really ever going to happen?
0:21.4	I'll bet money on that. Also the founder of USA Facts,
0:25.0	Balmer takes on misinformation. The facts really matter and people can have their own
0:29.9	opinions. They just shouldn't have their own facts about what's already happened.
0:34.0	Chevron CEO Michael Wirth on gender equity in industry, U.S. Energy, and
0:39.4	weathering the COVID storm. I don't think we'll see a full recovery
0:44.8	until people have confidence in the pandemics under control.
0:48.8	Plus, remembering a legend.
0:50.6	Those of us of a certain age remember Eddie Van
0:53.4	Allen from John. For a lot of us it was just such a big piece of our growing up.
0:57.1	It's Wednesday October 7th 2020 Squawk Pod begins right now.
1:02.0	Good morning welcome to Squawk Pod begins right now. Good morning.
1:04.0	Welcome to Squawk Box here on C NBC.
1:06.0	I'm Becky Quick along with Joe Kernan and Andrew Ross Sorkin.
1:09.0	It's great to have you back, Becky.
1:10.0	First up today on the podcast Big Tech, Big Monopoly, after a 16-month
1:16.8	investigation and somewhat dramatic hearings with technology company CEOs
	...

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