Elon Musk No Longer Joining Twitter’s Board, Appian CEO Matt Calkins on Low-Code Software & Actor Mark Wahlberg on the Media Landscape 4/11/22

TechCheck

CNBC

Disruptors, Investing, Faang, Technology, Business, Management, Cnbc, Tech

4.8 • 56 Ratings

🗓️ 11 April 2022

⏱️ 43 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Our anchors begin today’s show with Verge Editor-in-Chief Nilay Patel looking at Elon Musk no longer joining Twitter’s board of directors, and Wedbush analyst Matt Bryson weighs in on the underperformance of select chip stocks. Then, CNBC’s Frank Holland reports on cloud names declining amid pressure from geopolitical tensions and rate hike fears, and low-code software maker Appian Founder and CEO Matt Calkins offers his perspective on investor interest in the space. Later, actor, producer and entrepreneur Mark Wahlberg joins to discuss the media landscape for streaming platforms and traditional movie studios before the release of his latest movie, “Father Stu,” on Wednesday.

Transcript

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0:00.0	I'm Julia Borstin and you're listening to
0:02.0	C. E.C.'s check. Our show is live weekdays at 11 a.m. Eastern, listen in.
0:08.1	After Monday, welcome to Tech Check. I'm John Fort with Carl Heontanea.
0:11.4	Girdre is off.
0:12.6	Today, Elon declines Twitter's board invitation,
0:15.8	so it is a hostile takeover ahead.
0:17.6	Then Sale Point shares surge
0:19.8	as Toma Bravo takes another cybersecurity company private.
0:23.3	Later, Mark Wahlberg on crypto media distribution
0:26.9	and Warner Brothers Discovery.
0:28.9	But, Carl, a lot to get to today.
0:31.9	Yeah, Twitter's where we're going to begin guys,
0:33.8	as Elon remains the company's largest shareholder,
0:36.6	but won't take that board seat after all.
0:38.6	That means that Musk is no longer restricted
0:40.4	to that 14.9% stake in the company. So is a takeover in Twitter's future
0:45.0	joining us to discuss the verge,
0:47.0	editor-in-chief Neely Patel.
0:49.0	Neely, it's great to have you to help us kick off the hour.
0:51.0	Agrual does say to tune out the noise and says there could be
0:54.8	distractions ahead. What do you think that means?
0:58.0	I think you're looking at Elon declining a board seat and spending the weekend tweeting that Twitter is dying, that they should
	...

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