“The Margins” Ranjan Roy on the Latest in Social Audio, Gaming Stocks Lose Out & Is Pubmatic the Next Meme Stock?

TechCheck

CNBC

Management, Cnbc, Tech, Faang, Investing, Business, Disruptors, Technology

4.5 • 66 Ratings

🗓️ 16 June 2021

⏱️ 44 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

To start off the morning, our anchors have the scoop on big tech critic Lina Khan’s confirmation as FTC Chair and Oracle’s moves after earnings. Then, CNBC’s Phil LeBeau has the story on new funding from Google and General Motors in autonomous driving and electric vehicles, respectively. We also have “The Margins” Co-Founder Ranjan Roy share his thoughts on Facebook and Spotify’s new social audio launches. Later, we give you all the details on Apple’s struggle with healthcare innovations. Plus, CNBC’s Steve Kovach is here to break down the most recent moves in gaming stocks after a disappointing E3. Then, Pubmatic Co-Founder & CEO Rajeev Goel joins the anchors to discuss the high short interest in his company’s stock as well as new privacy changes in advertising. Hosted by Simplecast, an AdsWizz company. See https://pcm.adswizz.com for information about our collection and use of personal data for advertising.

Transcript

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0:00.0	I'm Julia Borsden, and you're listening to CNBC's Tech Check.
0:03.5	Our show is live weekdays at 11 a.m. Eastern, listen in.
0:08.0	Happy Wednesday. Welcome to Tech Check. I'm John Fort with Dea Jibosa and Julia Borsden.
0:12.2	Carl's got the morning off. Today, who's afraid of Lena Con and should tech investors be scared?
0:17.1	A breakdown of the newest FTC chair. Plus, ape armies and investor relations, what Wall Street
0:22.7	vets traders are praying for ahead of the Fed. And later, a big electric investment from GM and some
0:27.9	self-driving news from Waymo. A reality check on the tune-up in Auto Tech, Julia.
0:33.6	We're also watching Oracle falling this morning and debating Apple's legacy in health with Tim Cook set to speak at the bottom of the hour.
0:41.1	Later, we'll talk to the CEO of the most shortest stock on the street.
0:45.2	See?
0:47.3	First guys, the Federal Trade Commission's coming tech crackdown.
0:51.7	Lena Con confirmed as chair of the agency by the Senate yesterday, 69 to 28.
0:57.0	Khan takes over from acting chair Rebecca Kelly slaughter and becomes the youngest person to ever
1:01.8	lead the commission at just the age of 32.
1:04.3	As Chair Khan will vote on enforcement efforts and competition and consumer protection,
1:09.1	Khan first rose to prominence, remember, for her 2017 Yale Law Review paper titled Amazon's
1:15.4	Anti-Trust Paradox, claiming the retail giants consumer-friendly, low prices, shutout future
1:21.0	competition.
1:22.1	Con also advised on the recent report from the House Judiciary Committee's antitrust panel
1:27.2	accusing big tech companies of monopolistic practices, which led to last. on the recent report from the House Judiciary Committee's antitrust panel,
1:30.1	accusing big tech companies of monopolistic practices,
1:35.6	which led to last week's legislative proposals to break up the industry giants. Now, the subcommittee's chair and ranking member speaking now on those efforts to rein in the companies,
	...

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