Paramount’s Path, Space Walk Evolution, & Zuckerberg’s Letter 08/27/24

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 27 August 2024

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Edgar Bronfman has dropped his bid for Paramount Global, clearing the way for a merger with Skydance. Media watcher Rich Greenfield explains that the hardest part is ahead for the legacy entertainment company and its new owner, billionaire David Ellison. CNBC’s Steve Kovach explains Apple’s c-suite reshuffling after the company announced its CFO will change roles in January. Mark Zuckerberg has spoken out in a letter airing frustration with the Biden administration over Covid-19 content on Meta’s platforms. Plus, we dive into space with NASA astronaut and Columbia professor Mike Massimino. SpaceX has postponed the first civilian spacewalk after a helium leak was detected on the Polaris craft. In February of 2025, the company will ferry two astronauts home after an eight day trip to the International Space Station turned into 8 months. Massimino describes how space travel safety has evolved in the past decade. Steve Kovach 3:08 Rich Greenfield 15:05 Mike Massimino 21:24 In this episode: Rich Greenfield, @RichLightShed Becky Quick, @BeckyQuick Joe Kernen, @JoeSquawk 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.
0:08.0	Never mind, Edgar Bromfon.
0:10.0	A bitter retreats and the Media Mer merger soap opera love triangle comes to an end.
0:15.4	Our Becky Quick broke the news, Paramount will be acquired by Sky Dance, run by the son of one of the world's
0:25.2	richest people analyst Rich Greenfield joins us. As much as it's been a difficult
0:30.0	process for Skydance over the last you know nine to 12 months. The real reality is the hard
0:35.1	part starts now. And the first commercial space walk postponed former astronaut Mike Massimino
0:41.2	on this new frontier.
0:42.6	Absolutely 100% we are safer than we used to be at this,
0:46.6	but it's still space travel and is always at risk.
0:49.4	Plus Zuckerberg weighs in on speech online and a typically elegant
0:54.5	se-sweet shuffle at Apple.
0:56.0	That Tim Cook does so well.
0:57.4	Yeah, you don't see this at Starbucks.
0:58.8	You definitely don't see this at Disney.
1:00.4	It's Tuesday, August 27th.
1:02.7	Squawk Pod begins right now.
1:05.0	Stand Becky by in three, two, one,
1:07.8	queue please.
1:09.8	Good morning everybody and welcome to Squackbox right here on
1:12.8	c. We are live from the NASDAQ market site in Times Square. I'm Becky
	...

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