37 min listen
Musk’s Pay Package Shock, AI Job Jitters, & Starbucks Cold Drinks, Heating Up 01/31/24
FromSquawk Pod
Musk’s Pay Package Shock, AI Job Jitters, & Starbucks Cold Drinks, Heating Up 01/31/24
FromSquawk Pod
ratings:
Length:
28 minutes
Released:
Jan 31, 2024
Format:
Podcast episode
Description
A Delaware judge has invalidated Tesla CEO Elon Musk's $56 billion pay package, citing the board's failure to prove its fairness and lack of evidence regarding negotiations. Thousands have been laid off across the tech industry, including at Microsoft, Alphabet, eBay, and PayPal. Alex Kantrowitz, founder of Big Technology, considers AI’s impact on the workforce. Starbucks lowered its same store sales forecasts and reported a growth in iced drinks, in its latest quarter. CFO Rachel Ruggeri outlines the company's first quarter, its 2024 outlook, and consumer appetite, abroad and at home. Plus, Nikki Haley is still fundraising from billionaires, and Universal Music Group will pull its music–like that of Taylor Swift and Olivia Rodrigo–off of TikTok. Alex Kantrowitz - 15:10Rachel Ruggeri - 21:45 In this episode:Alex Kantrowitz, @KantrowitzContessa Brewer, @contessabrewerRobert Frank, @robtfrankMichael Santoli, @michaelsantoliCameron Costa, @CameronCostaNY
Released:
Jan 31, 2024
Format:
Podcast episode
Titles in the series (100)
Paul Tudor Jones: America’s Love of Freedom, Its Greatest Strength & Greatest Weakness: Hedge fund titan and Robin Hood founder Paul Tudor Jones weighs in on the markets, the American spirit, and charity amid the pandemic. Tonight’s Robin Hood Foundation Annual Benefit will be hosted virtually by Tina Fey. Dr. Scott Gottlieb explains the recently approved antigen test that identifies asymptomatic Covid carriers. PayPal CEO Dan Schulman shares how his platform is monitoring and accommodating shifting consumer behavior during the pandemic. Plus, Elon Musk’s busy weekend: filing a lawsuit against a California county and celebrating his partner Grimes’ first Mother’s Day with X Æ A-12. by Squawk Pod