David Rubenstein & Joe Lonsdale: The C-Suite and the Oval Office 06/24/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 24 June 2024

⏱️ 32 minutes

🔗️ Recording | iTunes | RSS

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Summary

From the Aspen Ideas Festival, Carlyle Group co-founder and co-chairman, David Rubenstein, discusses the state of the 2024 race, the Fed’s inflation fight, the state of the economy, and his MLB team ownership. European Union regulators claim that Apple has breached new digital competition laws by preventing app developers from guiding consumers to more affordable services. Joe Lonsdale, founding partner of 8VC and co-founder of Palantir, discusses Apple’s dominance in the app store, the EU's allegations, and how there may be growing silent support in Silicon Valley for former President Trump. Plus, Bitcoin continues its descent to $60,000, and Apple and Meta have discussed an AI partnership for Apple Intelligence. Joe Lonsdale - 14:41 David Rubenstein - 25:18 David Rubenstein, @DM_Rubenstein Joe Lonsdale, @JTLonsdale Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Becky Quick, @BeckyQuick 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 Pod.
0:09.0	Who the C suite wants in the Oval Office, a question we are coming back to again and again today with
0:15.8	David Rubinstein, private equity pioneer.
0:18.2	CEOs generally want to be with a winner.
0:21.9	And tech exec Joe Lonsdale, he says Silicon Valley support for former President Trump is growing
0:27.4	much on social issues.
0:29.2	I think in terms of protecting the United States of America, we need originalist judges,
0:32.4	and that would be an amazing state.
0:33.0	You could stand in a couple more originalist.
0:36.0	All that today, plus the rest of the day's headlines,
0:39.0	a cyber hack upsets car dealers, weight loss drugs can do a whole lot and Apple facing
0:45.1	competitive fines from the EU.
0:47.5	Slapel all 10%. If you can't generate your own revenue in the technology
0:51.6	sector, just steal it.
0:53.0	It's Monday, June 24th. Squawk Pod begins right now.
0:58.0	Stand Becky by in three, two, one, queue please.
1:02.0	Good morning everybody and welcome. Two, one. Kue please.
1:06.8	Good morning everybody and welcome to Squackbox right here on C. We are live from the NASDAQ market site in Times Square.
1:10.4	I'm Becky Quick along with Joe Kernan.
1:12.3	Andrew is reporting from the Aspen Ideas Festival.
1:15.0	He will join us a little later this morning.
	...

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