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CNBC Squawk Alley July 12, 2024

Jay blowing the speakers up im going to fight until i se the sunlight good monday morning, im jon fortt. Were going to start with two massive deals in tech. They have widespread Global Impact and two block buster deals, or are they deals, that are facing or have faced government pressure from over seas we will start first with tiktok as oracle emerges as you can argue, the winner, the trusted Technology Partner hear in the u. S. , what does that mean . What is included in this deal and what is not . Jul Julia Boorstin has more. They confirmed this morning saying the companys proposal for tiktok was received over the week they reviewed the proposal and look to have technical discussions with oracle over the next few days. Bitedance has chosen oracle as what they call a trusted
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CNBC Squawk Alley July 12, 2024

Bill gates weighed in earlier. I think over time the tech world is naturally very, very competitive. Im not saying that the authorities have to be totally l laze fair, but they will have to come into the space. It is 2020, folks, bill gates weighing in on other people es antitrust issues. That is weird for me to see them talking about it i think he love its, this is the time of his life i also think, and i wonder your thoughts on this. Were in an environment where too many people are pointing fingering at big tech for what are government shortcomings. It is like blaming Car Companies for polluting when you dont have emission standards a or you have not creating the epa yet. Thats right i think it has not been a focus for a long time this is the first time in 50 years and congress has not been paying attention to this or this industry which has Network Effects and scaling effe ....

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CNBC Squawk Alley July 12, 2024

Unemployment and he did not talk about a payroll tax cut. We know many top gop senators are not big fans but lindsey graham, a republican close to the president said he had dinner with the president last night where they discussed the tax cut and that he will be fully supporting it. He did not make those top line priorities that mcconnell laid out this morning is it fair at this early stage to argue that for mcconnell the red line is liabilities protections . That is right, i should have mentioned that as well, carl he said that is essential that businesses and schools can open up safely and any gains that the economy sees is not eaten up by trial lawyers putting ft. Worth frivolous lawsuits that remains critical to republicans as well even as they start those conversations. Both among themselves and with democrats about what should be in the next round. Thank you our next guest has been busy in the last couple days not the least of which was his call on amazon the lead internet analys ....

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CSPAN2 The Communicators Is Big Tech Too Big July 12, 2024

Right, i think the obvious answer to that is absolutely. The members of the subcommittee, both the democrats and a number of the republicans really focused in on the power of these corporations over the way we communicate and the way we engage. That was the dominant theme of the hearing. They also got into the god of how these businesses work and how they use their dominance and how theyre engaged in predatory behavior and how they are hurting other businesses, small, medium and everyday families. It was really quite remarkable hearing, night and day from the hearings that we saw just a couple of years ago when members of congress were grilling Mark Zuckerberg. Yesterday was i think a pretty remarkable moment in the Ongoing Investigation into monopoly power in general, but especially in regards to tech platforms and
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CNBC Squawk Alley July 12, 2024

A few years ago. This is an Interesting Data play that s. A. P. Made here. Qualtrix youre able to ask questions in your organization, collect some of that hard to get data and use it to improve processes. Dell seems to be looking to do the opposite but it says something about the way that the Big Enterprises are thinking about their assets this is one of the busier weeks i can remember, the back to back. And it will be huz i think one of the Big Questions is it sustainable. Are we going to continue to see that continue. We saw with netfli and that a lot of future Revenue Growth was pulled forward even if microsoft you said the cloud was not quite perfect. Question, a surge, but it was not as good as it has been investors were a little punishing towards that it may ....

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