Covid Calculations with Dr. Scott Gottlieb; Big Tech’s Big Week

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 26 October 2020

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Coronavirus cases are on the rise in Europe and in the United States, and former FDA Commissioner Dr. Scott Gottlieb says things stateside are likely to get worse before they get better. Big tech is gearing up for a big week; major players are expected to report quarterly earnings, and the CEOs of Alphabet, Facebook, and Twitter are slated to testify before the Senate Commerce Committee to discuss their content liability shield known as Section 230. Ellie Wheeler, partner at the venture capital firm Greycroft, expects a standout quarter for these tech companies, and says despite regulatory scrutiny, they’ll continue to outperform. Adam Singolda, founder and CEO of content discovery and advertising platform Taboola, says regulators should be concerned about whether big tech players are making editorial decisions, rather than about whether they’re too large. Plus, actor Chadwick Boseman lost his battle with cancer two months ago, and his wife is working with courts to sort out his assets. CNBC’s Sharon Epperson explains that most Americans don’t have a will, but they should, regardless of age.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer today on our podcast.
0:07.0	Coronovirus cases rising steadily in the US.
0:11.0	Dr Scott Gottlieb says that at this rate it's going to get worse
0:14.2	before it gets better. We're right now at the cusp of what's going to be
0:18.4	exponential spread from parts of the country. Big Tech is gearing up for a big week of quarterly reports and
0:25.0	testimony on the hill. Venture capitalist Ellie Wheeler on whether regulatory
0:29.3	scrutiny will make a difference to consumers or to revenues.
0:33.0	Frankly, the Google product is good.
0:35.0	A lot of people are still going to pick Google.
0:37.0	Those stories, plus a new survey found that the majority of Americans don't have a will.
0:42.0	C. NBC's Sharon Epperson.
0:44.0	Black Panther movie star Chadwick Bozeman
0:46.0	lost his long battle with cancer two months ago.
0:49.0	Now his wife must contend with courts to determine what happens to at least part of his estate.
0:55.0	It's Monday, October 26, 2020, Squawk Pot begins right now.
1:01.0	Good morning everybody.
1:02.0	Welcome to Squawk Box here on C.. I'm Becky Quick, along with Joe
1:05.3	Kernen and Andrew Ross Surkin and this morning on the Monday morning.
1:08.3	First up today on the podcast, Doing math the US has reported a record number of new
1:16.0	COVID cases with more than 83,000 new infections on both Friday and Saturday led by
1:22.0	outbreaks in Sunbelt states Europe is also Friday and Jim's Spain issuing a nationwide curfew and France is reporting a record daily rise in new infections.
1:37.0	At this time, the United States has now reported more than 8.5 million cases of COVID-19 and more than 225,000
	...

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