Sen. Ted Cruz on the TikTok Bill & Tracking Cars, Tracking Us 03/13/24

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 13 March 2024

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

The House has passed a bill calling for Chinese giant Bytedance to divest TiKTok US or face a stateside ban. Senator Ted Cruz (R-Tex.) explains how he’ll consider the legislation once it gets to the Senate, as well as his concerns about CCP involvement in tech used in the United States. Alaska Airlines has confirmed that the plane whose door plug blew out mid-flight was scheduled for maintenance later that day. CNBC’s Phil Lebeau discusses Boeing’s 737 Max crisis and the subsequent lawsuit, flight cuts, and path forward. Plus, a report from The New York Times highlights car features that share driver behavior with insurance companies that use the data to set premiums. Former White House Chief Information Officer Theresa Payton considers the consumer data privacy issues at play. Phil Lebeau - 02:37 Sen. Ted Cruz - 17:20 Theresa Payton - 32:38 In this episode: Ted Cruz, @SenTedCruz Theresa Payton, @TrackerPayton Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Cameron Costa, @CameronCostaNY

Transcript

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0:00.0	Bring in show music please.
0:04.0	This is Squawk Pod from C and B.
0:07.0	I'm producer Cameron Costa and on today's episode
0:11.0	Tic Talk facing a House vote today, a message to Chinese owner bite dance, divest or die out in the U.S.
0:20.0	Senator Ted Cruz on the bill's path from the House to the Senate.
0:25.0	I don't want to empower the US government to begin censoring and using power
0:30.0	against social media companies more broadly.
0:32.0	So if and when that bill comes over,
0:34.0	I'm going to look at it closely, but the concern about Tik-Tok is real and significant.
0:40.0	And your car could be tracking you and sharing your driving skills with your insurance.
0:46.0	Breaking hard, tailgating a little bit, hitting gas.
0:49.0	Beepy? Yes, you're in trouble.
0:51.0	I'm not going to have a license.
0:53.0	Former White House Chief Information Officer Theresa Payton on consumers data privacy.
0:59.0	A lot of times, everything is you're opted in unless you request to opt out.
1:04.4	It should really be the other way around.
1:06.5	Plus Alaska Airlines sharing more information on the door plug blowout from January and on its manufacturing safety checks.
1:16.0	C. NBC's Phil LaBoe.
1:17.0	I mean, what was it, 89 failures or 89 checks, 33 failures out of 89 checks.
1:22.8	Clearly it shows that they have a long ways to go
1:26.4	in terms of manufacturing quality.
1:29.2	It's Wednesday, March 13, 2024,
	...

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