X Marks the Spot for Advertisers, Taking Stock with a Bidenomics Alum, and Sorkin’s News You Can Use 8/09/23

Squawk Pod

CNBC

Business News, Investing, Business, News

4 • 494 Ratings

🗓️ 9 August 2023

⏱️ 39 minutes

🔗️ Recording | iTunes | RSS

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Summary

President Joe Biden’s economic approval numbers have risen modestly in the wake of efforts by the White House to promote what it calls “Bidenomics.” Still, a substantial majority of respondents to the CNBC All-America Economic Survey still disapprove of Biden’s handling of the economy. Brian Deese, MIT Innovation fellow and former National Economic Council Director under President Biden, discusses the state of the U.S. economy, the impact of Bidenomics, and why results haven’t been reflected in polls. Aneesh Chopra, first U.S. chief technology officer in the Obama administration and CareJourney president, discusses X’s efforts to win back advertisers with a new deal with Integral Ad Science. CNBC’s Steve Kovach also has an inside look at the new strategy. Plus, Disney’s ESPN is launching a betting sportsbook and Lyft has a tumultuous quarter, but veteran rider Andrew Ross Sorkin has the top tips ride-share users need. 12:20 - Brian Deese 29:36 - How to find your personal Uber rating 32:32 - Aneesh Chopra In this episode: Brian Deese, @briandeeseNEC Aneesh Chopra, @aneeshchopra Melissa Lee, @MelissaLeeCNBC Andrew Ross Sorkin, @andrewrsorkin Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C NBC producer Katie Kramer today on Squawk Pot.
0:08.0	Ex, formerly Twitter is luring back Advertisers or trying to.
0:13.8	Former Chief Technology Officer for the White House,
0:15.9	Anish Chopra, on X's New Deal for Brand Safety.
0:19.8	We're going to make sure that no one's ads apply next to a tweet that is perhaps questionable.
0:24.7	I doubt it.
0:26.6	And one year gone since the Inflation Reduction Act and the Chips Act took hold, one of
0:31.2	President Biden's advisors on both Brian Deese.
0:34.0	In a year we've seen the most significant economic response to any piece of legislation in 70 years.
0:39.0	Plus lift attempts to out-compete other ride shares.
0:43.5	It's a car-eat-car world.
0:44.9	I arbitrage between Lift, Uber, and a yellow taxi cab.
0:49.6	And we'll get into Disney's gambling deal
0:51.7	and a new executive order on Tech Ventures in China.
0:55.0	So what do you think of all of this?
0:58.0	It's a chock full Wednesday, it's August 9th, and Squawk Pod begins right now.
1:03.8	Stand to enter by in three, two, one,
1:06.8	Q Andrew.
1:08.8	Good morning and welcome to Squawk Box right here
1:10.5	on see NBC.
1:11.4	We're live at the NasDAQ market site in Times Square
	...

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