WeWork’s Debut; Disinformation Nation; Chaos in the Canal

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 26 March 2021

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Coworking company WeWork has announced it will finally go public via SPAC merger with BowX Acquisition Corp. WeWork CEO Sandeep Mathrani and Bow Capital’s Vivek Ranadive discuss the deal and their bet on an office space resurgence post-pandemic. Twitter, Alphabet, and Facebook CEOs answered lawmakers’ questions about disinformation dissemination and social media accountability in a marathon virtual House hearing on Thursday. Axios media reporter Sara Fischer and tech and press industry veteran Niki Christoff digest the comments from Jack Dorsey, and Sundar Pichai, and Mark Zuckerberg, and consider what legislation may come next. Plus, Warren Buffett’s made a pitch to Texas, the Suez Canal--and the global shipping industry--is near chaos, and Bernie Sanders is pushing Alabama Amazon workers to unionize.

Transcript

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0:00.0	This is Squawk Pod. I'm C. M. B.C. producer Cameron Costa. Today on our podcast, Disinformation Nation,
0:09.7	Tech Seos back at the Capitol Grill, this time tackling concerns about misinformation from Congress.
0:16.0	The system isn't perfect, but it's the best approach that we've found to address misinformation in line with our country's values.
0:23.3	Axios reporter Sarah Fisher, digesting the marathon hearing.
0:27.8	When I watch a hearing like this for five and a half hours,
0:30.6	it's a lot of bickering, and not a lot of substance.
0:33.4	And tech industry and press veteran,
0:35.7	Nicky Christoph, on what may actually spur change.
0:39.6	Nobody wants to work at a company where
0:41.9	they feel like they're doing harm.
0:43.5	And so I think when we see changes,
0:45.2	a lot of that is from the internal tax
0:47.1	on retention, attention, and recruiting.
0:50.4	Remind me again as Spider-Man, with great freedom and with great power comes great responsibility
0:54.4	and we work announcing it'll finally list on the public markets via SPAC merger.
1:00.1	CEO Sandeep Madrani on the long awaited deal.
1:04.0	The occupancy, the demand was never an issue,
1:07.0	and we see green shoots today.
1:09.0	Those stories, plus a pitch from Warren Buffett,
1:12.0	viewing Rex from Joe as always, and a union fight at Amazon.
1:15.6	But first, a canal in chaos.
1:18.1	Titanic, like we saw Leo holding on before he went sliding down. It's Friday, March 26, 2021. Squack Pod begins right now.
	...

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