44 min listen
Microsoft’s Big Gaming Deal; The Cost of Streaming; Palihapitiya’s ‘Nobody Cares’
FromSquawk Pod
ratings:
Length:
29 minutes
Released:
Jan 18, 2022
Format:
Podcast episode
Description
Microsoft announced it will buy video game giant Activision Blizzard in a $68.7 billion all-cash deal. Under the deal, Activision CEO Bobby Kotick, who has faced calls to resign over the cultural problems within his company, will remain CEO during the transition. Dr. Scott Gottlieb, former FDA commissioner and CNBC contributor, discusses the omicron Covid variant and says its global spread is inevitable. CNBC’s Eunice Yoon reports on China’s latest efforts to tamp down a recent uptick in Covid-19 infections, just weeks before the Olympics. Billionaire investor Chamath Palihapitiya triggered a backlash on social media after saying during a recent episode of his podcast that “nobody cares” about the ongoing human rights abuses against the Uyghurs in China. Palihapitiya now says his comments “lacked empathy.” Plus, Netflix raised monthly prices for its streaming service in the U.S and Canada, bringing the premium plan up to $19.99 per month.In this episode:Dr. Scott Gottlieb, @ScottGottliebMDEunice Yoon, @onlyyoontvJoe Kernen, @JoeSquawkBecky Quick, @BeckyQuickAndrew Ross Sorkin, @andrewrsorkinKatie Kramer, @Kramer_Katie
Released:
Jan 18, 2022
Format:
Podcast episode
Titles in the series (100)
Special Report | Markets in Turmoil: Listen to CNBC's special report on how the novel Coronavirus outbreak is spreading in the United States, and how it's continuing to hit stock markets around the world. by Squawk Pod