One Million Cases & Four Counts of Fraud

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 4 January 2022

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Theranos founder Elizabeth Holmes was found guilty on four of eleven charges in her criminal fraud trial; CNBC’s Scott Cohn breaks down the jury’s verdict and the life that now awaits Holmes. The U.S. reported a record 1 million cases of new Covid infections on Monday, according to data compiled by Johns Hopkins University. The record single-day total may be due in part to delayed reporting from over the holiday weekend. Dr. Kavita Patel, former White House health policy director and fellow at the Brookings Institution, discusses the latest numbers and testing strategies in the U.S. Plus, BlackBerry is finally retiring its iconic hardware. Once a status symbol in the C-suite, BlackBerry phones are officially a relic after the 20+ year journey from two-way pagers to BBM. In this episode: Dr. Kavita Patel, @kavitapmd Scott Cohn, @ScottCohnTV Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Mike Santoli, @michaelsantoli Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:04.0	This is Squawk Pod. I'm the NBC producer Katie Kramer.
0:08.0	Today on our podcast,
0:10.0	The US hitting a grim milestone in the omicron wave,
0:13.2	Dr. Kavita Patel on the new CDC guidance.
0:15.9	I expect any revision to the guidelines
0:18.4	might be something around the language of that if you test at day five
0:21.4	and it's positive, remain isolation if you're six day home
0:25.8	and Silicon Valley star turned fraud Elizabeth Holmes found guilty of
0:30.0	intentionally deceiving investors who poured hundreds of millions into her biotech product.
0:35.3	C. NBC Scott Cohn outside the courthouse.
0:37.8	A stunning fall for a woman once hailed as the next Steve Job.
0:45.0	Plus a walk down memory lane. I got my first Blackberry in 2000 back when it looked like a pager.
0:49.0	Do you remember that?
0:50.0	Blackberry letting go of its iconic hardware after more than 20 years.
0:55.2	It's Tuesday, January 4, 2022. Squawk Pod begins right now.
1:07.0	First up today, you know it, COVID. The US has reported a record single day number of COVID cases, clocking in at just over 1 million new infections on Monday. We now have the highest
1:16.0	seven-day average of new cases in the world according to Johns Hopkins. That record
1:20.8	1 million number is alarming, but it's worth noting that it might be so high in part because of delayed testing after the holiday weekend.
1:28.5	Still, it's not good news for Americans.
1:31.0	Rates of hospitalization are up 32% from a week ago,
1:35.0	nearing levels of the Delta Wave, but daily fatalities remain well below the record
	...

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