ServiceNow CEO on Acquisition of Mapwize, Snap Creators Leave the App’s Spotlight Feature & Exclusive Interview with Marqeta CEO Post-Earnings
TechCheck
CNBC
4.5 • 66 Ratings
🗓️ 12 August 2021
⏱️ 44 minutes
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| 0:00.0 | I'm Deerreboza and you're listening to CNBC's Tech Check. |
| 0:03.5 | Our show is live weekdays at 11 a.m. Eastern. Listen in. Happy Thursday, welcome to Tech Check. |
| 0:26.3 | I'm John Fult with Call King Tania and Deirdre Bosa. |
| 0:28.7 | Coming up on the show today, the Senate might agree on more than just roads and bridges. |
| 0:32.7 | A bipartisan bill introduced taking aim at Apple and Google's app store power. |
| 0:37.4 | Plus, not so fast on delivery, |
| 0:39.5 | DoorDash is reportedly explored a $50 billion deal to buy Instacart. Well, we will talk the |
| 0:46.3 | speed bump that killed those talks. That sounds like a big number, but maybe not quite that |
| 0:50.1 | big. And then Palantir sees a huge jump in revenue growth, but its SPAC strategy is catching |
| 0:56.1 | our eye this morning. More on how the company is investing in other tech companies, Carl. |
| 1:02.1 | All right, John, first up in the feed today, Congress opening the side door. A bipartisan |
| 1:07.2 | group of senators unveiling a new piece of legislation aimed at cracking down on Apple and Google's mobile dominance. |
| 1:14.2 | The new bill would bar the tech giants from forcing developers to use their app stores and payment systems. |
| 1:19.3 | It would also let developers tell their customers about lower prices on their own platforms. |
| 1:24.5 | In response, Apple said in a statement that its app store is, quote, the cornerstone of our work |
| 1:29.0 | to connect developers and customers in a way that's safe and trustworthy. However, the bill would |
| 1:33.9 | create exceptions for actions by the major players to protect user privacy and security. So here we are, |
| 1:40.6 | once again, Dee, back to the app store, and the degree to which it's either a safe haven or a difficult garden to work in for developers. |
| 1:49.2 | Yeah, here we go again. And we know the line from Google and Apple. They've created these walled gardens, these safe places where consumers can feel good about what they're getting and the way that they're paying. |
| 1:58.9 | But, you know, John, payments has been such a critical part for lots of different companies. I mean, you look at |
| 2:04.7 | eBay's results last night, and Carl, I know you spoke to CEO, Jamie Ioni. He said payments is really |
| 2:09.4 | a critical part of his so-called tech-led strategy. After ending that PayPal partnership, he said |
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