Jason Calacanis CNBC SquawkAlley 6/28: Trump targets Jeff Bezos; Petya cyberattack, Blue Apron IPO

TL;DR

• President's incorrect tweet on Amazon, cybersecurity risks with cyber attacks.

Transcript

New York Stock Exchange joining us from one market today in San Francisco angel investor and inside.com CEO Jason Calacanis a lot to get to with Jason today first up the president tweeting this morning about Jeff Bezos saying quote the Amazon Washington Post sometimes referred to as the guardian of Amazon not paying internet taxes which they should... Read More

Key Insights

• 🤙 President's false tweet on Amazon creates controversy and calls for fact-checking.
• 👊 Cyber attacks like Petya target major companies, highlighting cybersecurity vulnerabilities.
• 😀 Blue Apron's IPO faces challenges in a competitive market with diverse offerings.
• 🐕‍🦺 Consumer loyalty in meal kit services is influenced by brand, supply chain, and scale.
• 👋 Importance of avoiding outdated software and implementing cybersecurity best practices.
• 🐕‍🦺 Analysis of consumer trends in meal delivery services and market reactions to IPOs.
• 🪡 Need for accurate communication from leaders and media scrutiny of incorrect statements.

Questions & Answers

Q: Why did the President target Jeff Bezos in his tweet?

The President targeted Jeff Bezos based on an outdated tax issue, falsely accusing Amazon of not paying internet taxes, which had been resolved.

Q: What is the impact of the President's factually incorrect tweets?

The President's inaccurate tweets create confusion and embarrassment, highlighting the need for fact-checking and accuracy in official communications.

Q: How do cyber attacks like the recent Petya affect companies?

Cyber attacks like Petya encrypt or delete data, demanding ransom in Bitcoin, emphasizing the importance of cybersecurity measures and updating software.

Q: What are the challenges faced by meal kit delivery services like Blue Apron?

Blue Apron faces competition and consumer concerns over portion sizes and food quality, requiring innovation in operations and delivery methods.

Summary & Key Takeaways

• President's tweet targeting Amazon CEO Jeff Bezos for outdated tax issue.

• Discussion on the importance of fact-checking presidential tweets.

• Analysis of cyber attacks impacting major companies and the need for cybersecurity measures.