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Wall Street Breakfast

Putin Responds to Biden’s Ukraine Visit

Wall Street Breakfast

Seeking Alpha

Business, Investing, Business News, News

3.8950 Ratings

🗓️ 21 February 2023

⏱️ 7 minutes

🧾️ Download transcript

Summary

Russia's Putin gives speech following Biden's visit to Ukraine. Ericsson (ERIC) said to axe 1,400 jobs in Sweden. Meta (META) to launch monthly subscription service for Instagram , Facebook - reports.

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Show links:

Meta to launch monthly subscription service for Instagram, Facebook - reports

Ericsson said to axe 1,400 jobs in Sweden

Uber reportedly in a deal with Tata Motors to launch 25,000 EVs in India

Hong Kong opens doors to retail investors for trading large crypto tokens

NBA inks new strategic partnership with China's Ant Group

Tencent reportedly in talks to sell Meta's Quest 2 VR Headset in China

Slowing 5G Spend And Strategic Missteps Have Ericsson Shares On The Mat

Transcript

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0:00.0

Welcome to Seeking Alpha's Wall Street breakfast, where we cover the top news for investors every morning.

0:07.0

Good morning. Today is Tuesday, February 21st. I'm your host Julie Morgan.

0:13.0

Russia responds to President Biden's surprise visit to Ukraine

0:16.9

just days before the one-year anniversary of when the war began.

0:21.6

Ericsson is laying off workers in Sweden and sources close to the matter say more could

0:26.7

be announced in other countries in the coming days.

0:30.6

Meta is launching a paid subscription service.

0:33.0

Content creators could pay up to 15 bucks a month for a little more attention.

0:38.0

Our top story, as Russia's war in Ukraine approaches its grim first anniversary,

0:44.1

President Biden made a surprise visit to Kiev on Monday to walk the streets of the

0:48.8

Capitol and keep allies unified in their support for Ukraine. The show of solidarity took Biden two

0:54.8

plane trips in a 10-hour overnight train ride to reach his final destination.

0:59.6

Podes announced the 30 second package of another 450 million dollars in American military aid for Ukraine.

1:07.2

On the heels of Biden's visit to Kiev, Vladimir Putin also gave a speech on Tuesday morning to the country's political and military

1:14.8

elite, updating them on his special military operation in Ukraine.

1:19.5

He said, quote, I want to repeat it.

1:21.8

It is them who are culpable for the war and we are using force to stop it."

1:27.0

End quote.

1:28.0

Facebook Parent Meta platforms is said to roll out a monthly subscription service that will allow users to

1:34.4

verify their accounts using a government ID. It's called Meta-Verified and the

1:39.3

subscription bundle for Instagram and Facebook will be launched later this week.

1:44.1

Prices will start at $11.99 a month on the web or $14.99 cents a month on Apple and

...

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