Zoom CFO Kelly Steckelberg; A Digital Berlin Wall; The Online Khan Academy

Squawk Pod

CNBC

Business News, News, Investing, Business

4.2 • 543 Ratings

🗓️ 1 September 2020

⏱️ 36 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Zoom reported a record-breaking quarter; CFO Kelly Steckelberg explains why the Zoom platform is here to stay, even when “normal” life resumes and in-person meetings continue. The New York Times foreign affairs columnist and Pulitzer Prize-winning journalist Tom Friedman discusses the digital battles between the U.S. and China, and the risks of building a Berlin Wall in cyberspace. Online learning pioneer Sal Khan discusses the back-to-school season around the world. Khan Academy has seen remote learning triple during the pandemic, and Khan himself has big plans for the next, fully remote semester. Plus, Tesla’s cashing in on its own rally, Walmart is taking on Amazon Prime, and AstraZeneca is renewing hopes for a coronavirus vaccine in 2020.

Transcript

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0:00.0	This is dropping quarter with CFO Kelly Steckleburg. What we saw from the retention perspective
0:14.0	is that working from home is not a fad.
0:16.0	People are really adjusting to this new way of life.
0:18.0	They are integrating Zoom into all aspects.
0:21.0	Are we on the brink of a digital Berlin Wall with China?
0:25.1	New York Times columnist Tom Friedman on America's face-off in cyberspace.
0:29.2	We're in a world where everything is dual use now. It can have military or intelligence and
0:33.8	civilian purposes including your kids next bathtub ducky, you know it probably has a chip
0:39.8	in it. And the 2020 school year averting disaster with online learning pioneer Salcon.
0:45.6	But if we don't work in a very cohesive way I could easily turn to education
0:49.4	catastrophe. Those stories and more Tesla's rays, Walmart's subscription, and the hope for a coronavirus vaccine.
0:57.0	It's Tuesday, September 1st, 2020, Squawk Pod begins right now.
1:05.0	Good morning everybody. Welcome to Squawk Box here on C.
1:06.0	I'm Becky Quick along with Brian Sullivan and Wilfred Frost,
1:10.0	Joe and Andrew are both off, but guys, it's good to see you this morning.
1:13.0	Very nice to see you too. Thanks for having us.
1:15.0	Thanks for being here.
1:16.0	First up today on the podcast, a pandemic update.
1:22.0	Yesterday, new coronavirus cases in the US fell to the data collected by Johns Hopkins. But as overall cases trend lower, new infections are up
1:35.8	about 5% compared to a week ago in 26 states, many of the recently growing outbreaks
1:41.7	in the Midwest. Total coronavirus outbreaks in the Midwest.
1:43.0	Total coronavirus cases in the U.S.
	...

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