The Omicron Spread, Crypto’s Wild Ride & Buzzfeed Goes Public

Squawk Pod

CNBC

Investing, Business, News, Business News

4.2 • 543 Ratings

🗓️ 6 December 2021

⏱️ 38 minutes

🔗️ Recording | iTunes | RSS

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Summary

At least 17 states have detected the omicron coronavirus variant and that number is expected to rise according to the CDC. Former FDA Commissioner, Scott Gottlieb and CNBC’s Meg Tirrell report on the spread and severity of the omicron variant. Buzzfeed founder and CEO Jonah Peretti discusses the digital media company’s debut as a public company through a SPAC merger, after an unusually high number of investor redemptions. Peretti also breaks down the company’s planned path to profitability and its valuation. Bitcoin is trading under $49,000 after a terrible weekend for the world’s biggest cryptocurrency. Bitcoin tumbled more than 17% from Friday night into Saturday, hitting a low near $43,000, before stabilizing yesterday. Plus, Joe’s favorite fast food – by coast - and Andrew’s meditation techniques. In this episode: Scott Gottlieb, @ScottGottliebMD Jonah Peretti, @peretti Meg Tirrell, @megtirrell Leslie Picker, @LesliePicker Joe Kernen, @JoeSquawk Becky Quick, @BeckyQuick Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	This is Squawk Pod.
0:06.0	I'm C. M.C. producer Katie Kramer, today on our podcast.
0:10.0	The spread and severity of the O'micron variant of COVID-19
0:13.6	with former FDA Commissioner Scott Gottlie.
0:16.2	There is a lot of people who are going to get infected with Delta even still
0:19.9	and they may find that that immunity that they've acquired through that
0:22.6	Delta infection isn't going to be protective against Omicron.
0:25.6	Digital media company Buzzfeet is now public more than listicles and quizzes
0:30.9	CEO Joan of Peretti.
0:32.3	If you want to think about what we're looking for in the future, it's really strong
0:35.2	brands, really engaged audiences, great new monetization opportunities, and the ability to have
0:40.4	more operating leverage as a bigger company with some shared services.
0:44.0	Plus, Ray Dahlio clarifies his comments on China that were only on Squackbox and
0:50.0	Bitcoin's Volatile weekend.
0:51.8	You can get 50% moves in this thing.
0:54.7	It's Monday, December 6, 2021.
0:57.6	Squack-Pod begins right now.
0:59.8	Stand back you by in three two one fuel please.
1:04.3	Good Monday morning everybody welcome to squawkbox right here on
1:07.2	see nb cemb ci i'm Becky quick along with joe kernan and Andrew Ross
1:10.3	sorckin and this morning we're looking at a big picture.
	...

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