The Jedi Battle; Directness of Direct Advertising; Taylor Swift’s Bad Blood

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 15 November 2019

⏱️ 29 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Amazon is challenging the Pentagon’s award of a $10 billion cloud contract known as Jedi to Microsoft. Amazon accused the government of bias because of President Trump’s disparagement of the company and its CEO Jeff Bezos. Becky Quick, Andrew Ross Sorkin and Joe Kernen debate with The New York Times’ Ed Lee whether the government was biased when choosing Microsoft over Amazon. Tim Armstrong, the founder and CEO of the DTX Company, discusses Twitter’s political ad ban and the new shopping holiday his company is launching to precede Black Friday. And, Taylor Swift is pleading for help from the private equity firm The Carlyle Group. The private equity firm fronted the money for producers Scooter Braun and Scott Borchetta to purchase the rights to Swift’s older music, which she can no longer use or perform. The Squawk gang discusses Swift’s bad blood with the music executives with Erik Hirsch, Hamilton Lane vice chairman.

Transcript

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0:00.0	Bring in Show Music, please.
0:02.0	This is Squawk Pod, the Daily Podcast brought to you by the team behind Squawk Box.
0:08.0	NYC, this is NBC Control 2.
0:10.0	See, NBC's essential morning show.
0:12.0	PCR2. Every day get the best stories, debate, and analysis. see Amazon gets ready for a fight with a Pentagon over a lucrative cloud contract.
0:25.0	You think Amazon does everything above board all the time?
0:28.0	Tech veteran Tim Armstrong on the directness of direct advertising online.
0:32.0	The targeting is so sophisticated. correctness of direct advertising online.
0:32.6	The targeting is so sophisticated.
0:34.6	What do I get?
0:35.2	Why do I get it?
0:37.1	Plus, Taylor Swift tells music execs,
0:39.6	you need to calm down and let her play her greatest hits. There's so much bad blood between these two.
0:44.6	I'm C and B.C. producer Katie Kramer. It's Friday, November 15th, 2019,
0:49.2	Squack Pod begins right now.
0:51.1	Stand back to you by in three, two, one, queue please.
0:55.0	Good morning everybody.
0:57.0	Welcome to Squackbox here on C.
0:58.0	We're live from the NASDAQ market site in Times Square.
1:01.0	I'm Becky Quick, with Joe Vernon and Andrew Ross
1:02.9	Sorkin. First up today on the podcast, Cloud Wars. Amazon strikes back
1:08.8	over the Jedi. Amazon says that it is challenging the Pentagon's award of a cloud contract that could
	...

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