The $44 Billion Buyout 042622

Squawk Pod

CNBC

Investing, Business News, News, Business

4.2 • 543 Ratings

🗓️ 26 April 2022

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

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Summary

Twitter has accepted Elon Musk’s $44B buyout deal. Musk, adamant that Twitter champions free speech, will take the company private. Anti-Defamation League CEO Jonathan Greenblatt discusses what Musk’s idea of free speech means for a safe, productive virtual town square, and investor Kevin O’Leary shares why this move might bring many former Twitter users back to the platform. One noticeably absent former Twitter user: Donald Trump. According to our own Joe Kernen’s conversation with the former President, Trump won’t be among the tweeters returning to the fold under Elon’s watch. Plus, Fidelity will now allow bitcoin in your 401(k). In this episode: Jonathan Greenblatt, @JGreenblattADL Kevin O’Leary, @kevinolearytv Andrew Ross Sorkin, @andrewrsorkin Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick 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	Twitter accepts Elon Musk's 44 billion dollar deal.
0:12.0	It is official. It is done and he... Elon Musk's $44 billion deal.
0:12.7	It is official.
0:14.0	It is done and he is taking it private.
0:16.2	What the World's Town Square will look like on Elon's watch
0:19.7	with investor Kevin O'Leary.
0:21.2	The challenge is how do you bring back all the people you lost
0:24.9	by silencing voices indiscriminately?
0:27.7	My guess is if we have this conversation again
0:30.6	in 12 months, Twitter will be 40% bigger.
0:34.0	And Twitter's responsibility with CEO of the Anti-Defamation League, Jonathan Green Black.
0:39.0	In a moment again when we know that hate is on the rise.
0:43.2	Twitter can play an important role
0:45.1	in opening up the conversation in a moderate way,
0:48.2	which encourages dialogue,
0:50.0	but maybe dials down the drama.
0:56.7	Today, the buyout details, the free speech quandaries, plus saving in your 401 crypto.
1:00.3	Fidelity estimates that there are 80 million U.S. individual investors who own at least some form of a digital currency and that's pretty significant.
1:09.0	It's Tuesday April 26, 2022. Squawk Pod begins right after this.
1:19.0	This is Squawk Pot from CNBC.
	...

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