Twitter Hacked, Disney Heiress on Higher Taxes; Amazon’s Anniversary

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 16 July 2020

⏱️ 26 minutes

🔗️ Recording | iTunes | RSS

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Summary

Hackers gained access to more than a dozen high-profile Twitter accounts yesterday, including those of Jeff Bezos, Bill Gates, Joe Biden, former President Barack Obama, Elon Musk and the corporate account of Apple. Facebook’s former head of security, Alex Stamos, warns about the possible future consequences and the controls that need to be in place before the 2020 elections. Disney heiress, Abigail Disney, says millionaires (yes, she is one) should pay higher taxes permanently to aid in Coronavirus recovery. Plus, Amazon celebrates its 25th anniversary on-line.

Transcript

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0:00.0	This is Squawk Pod. I'm C. NBC producer Katie Kramer today on our podcast.
0:07.0	Twitter hacked. High profile users compromised.
0:11.0	Elon Musk, Jeff Bezos, Bill Gates, Joe Biden. compromised. head of security about the agony and the absurdity.
0:23.0	These attackers, you know, were the equivalent of stealing McLaren F1 and taking it for a joyride and then crashing it into a telephone pole four minutes later.
0:32.0	And an air to the Walt Disney fortune says rewarding the wealthy, it's just too much.
0:37.0	Abigail Disney.
0:38.0	I think that there's a recognition that we've gotten so far out of balance that's just not realistic to keep going forward as we have.
0:45.0	It's Thursday, July 16th, 2020, and we have to ask.
0:50.0	Is Twitter too important to politicians and policymakers and government officials and big time
0:56.1	journalists.
0:57.1	Squawk Pot begins right now.
1:00.2	Good morning everybody.
1:01.2	Welcome to Squawk Box here on C.
1:03.0	I'm Becky Quick, along with Joe Kernan and Andrew Ross Sorkin.
1:06.0	Good morning.
1:07.0	As Joe mentioned earlier this Twitter story, that's the top corporate story we're going to be talking about after the company
1:13.8	said dozens of its highest profile users were the target of a massive hack yesterday.
1:18.3	Twitter says they believe the hacker successfully targeted some employees who had access to internal systems and tools.
1:25.0	Among the accounts compromised Elon Musk, Barack Obama, Bill Gates, Warren Buffett,
1:30.0	Joe Biden, Jeff Bezos, and the corporate accounts of Uber and Apple as well, all telling
1:35.8	followers in nearly identical tweets to send massive amounts of Bitcoin to a specific
1:41.1	address.
	...

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