d deirdre bosa, can google be stopped?regulators are working on that when you read these notes, regulation is almost like an afterthought i was reading the piper sandler one, it says regulatory doesn't look like an issue, dot, dot, dot, in brackets, yet. what i worry about is who investors are complacent regulation likely is not going to be one moment where the company is broken up it will happen overtime. we're already seeing this happen google has been fined more than $10 billion in total on either side of the atlantic that has not done much the next thing is looking at structural changes europe is doing this the draft rules put out last month were some of the most aggressive since gdpr. we don't know if this will result in action, but it is treated like an offthafterthougt even with the biden administration, which some think will be friendly towards big tech, it will be hard to stop this moment. >> jon fortt, i remember the earlier days in my career when i talked about microsoft the same way that we talk about alphabet

i'm jon fortt with carl quintanilla and deirdre bosa amazon's head of devices joins us as we close outmer tech week and the former acting chief of homeland security chad wolf will join us one of the most interesting voices in streaming, there's this movement in consumer tech of upstarts nipping at netflix's heels and disney plus and tiktok are major names. >> and that is where we will start this hour. julia boorstin joins us now with kevin mayer in an exclusive interview and, julia, this is his first since taking and leaving his role as ceo of ti tiktok >> thank you for joining us in what is your first tv interview since you left disney. you had a stint at tiktok since then we appreciate you joining us >> thank you for having me >> so, kevin, we want to start off with your perspective as the former ceo of tiktok, a very volume "time" for the social media companies. they have facebook and youtube and twitter have all taken steps to ban the president from communicating with his followers on their platforms what do you make of those moves and the concerns it sparked that maybe the ceos of

carl, back over to you >> thank you very much our deirdre bosa a couple names to watch.is one of them. halted for volatility. apple a new street high, they go to 175 apple did hit an all-time high today. it is risk off banks and energy lower the biggest drop for the s&p and the dow. ♪ ♪ ♪ ♪ ♪ keeping your oysters business growing has you swamped. you need to hire. i need indeed indeed you do. the moment you sponsor a job on indeed you get a shortlist of quality candidates from a resume data base claim your seventy-five-dollar credit when you post your first job at indeed.com/promo >>> antitrust concerns with big tech expected to be a central focus with the biden administration in its first 100 days with us is the ftc's bureau of competition director ian connor. good to see you. since the last time we talked, there's been this story that surfaced out of the texas ag's office about google and facebook quietly working together in online ads in 2017 looks like facebook may have gotten special treatment google has said the way the ag's mr complaint isn't quite right. broadly,

deirdre bosa or d.bo as she's known on this show let's talk about the efforts of regulators to break that monopoly on the data ant group holds. it wants to break the monopoly on the business it has in china because it may break the banking system and trying to break the monopoly on the consumer data it seems to hold as well. tim, does this change the calculus we've said for a long time that basically, you know, ant -- it doesn't even count in the market cap of this company and the valuation of the company right now. that it's already discounted it. >> yeah. i think part of the move of a y alibaba up to 320ish, and d. bo outlined where the valuation of ant financial has plummeted, is kinds of in the stock. i think it was also not given credit officially on the way up. but anyway, what do you do with alibaba here as someone that's invested and lived in emerging markets and seen companies get attacked by the state, whether in latin america or russia, i'd rather see alibaba as an investor, not as a citizen of the world, give in and jack ma let the chinese government have their way here u

it's an international mystery, and cnbc's deirdre bosa is on it deirdre, why is this jack ma billionairelow >> well, put simply, shep, his empire is under a lot of pressure from beijing, the chinese regulators in china, it's communism before capitalism he is a figure of capitalism and he has gotten away with speaking out, but this all really started a few months ago when he spoke at a chinese banking conference to bankers and regulators and made some pretty inflammatory comments about the banking system and at that point it really attracted the ire of regulators who have really launched really an all-out coordinated attack against his empire and that consists, you mentioned one of them, alibaba is the e-commerce company but he also created ant group valued at over $300 billion not long ago. the chinese government has taken aim at this company as well. so the thinking is that he should lay low beijing can maybe get some face as they say over in china for this pressure to finally relent. whether it does, we don't know, but the best chance of that is for him to lay low, even though, shepard

i am jon fortt with carl quintanilla and deirdre bosa, a week that saw a new biden administration geted in washington and change elsewhere surging in tech and in markets we're going to have a fintech player, content moderation on the show, but we're going to start with what's not changing yet, the direction of revenue at ibm and the strategy for manufacturing at intel as we look at those two stocks post earnings ibm down considerably this morning. intel, too there is a bit of an asterisk with intel that report came out before the bell yesterday afternoon so the stock popped and now it's coming back down so it's not far off where it was before the earnings came out carl, i just really think that when it comes to these two companies investors need to zero in and think fundamentally what these companies are and perhaps what they should be. >> yeah, jon, i'm looking at a report this morning that is a boutique research firm that reiterates 55 for intel. we're worried about being behind in process technology, they say. turns intel into ibm i know you know pat gellsinger well why is the focu

i'm jon fortt with carl quintanilla and deirdre bosa we will have in-depth coverage first, twitter, facebooknd many other companies either banning or suspending donald trump from their platforms after he directed a mob of his supporters to the u.s. olently attacked it. shares of twitter down sharply on the news of the trump ban and apple, google and amazon all taking various moves to push alternative social network p parler off their platform saying they weren't doing enough to curb violence. it is quite a setup to this week >> that's where we're going to start with our next guest, co-founder cara swisher. good morning it's good to have you. welcome. >> thank you >> i guess let's zero in on twitter because there's been so much chewed on over the weekend at-large about social media. >> sure. >> what is twitter's future without the president? >> that's a big question a lot of these companies have spent time tolerating this kind of behavior and also helps, as i have said many times, enragement -- engagement equals enragement it's a great way to get news i recently -- my son who is 19 years old,

i'm jon fortt with carl quintanilla and deirdre bosa the reddit rebellion is where we're going to starts morning. gamestop resuming its rally now up 73% plus. amc also up 56%. blackberry up about 10%. survey of the shorts our next guest is saying the recent reddit trade is, quote, the messy middle of a revolution early robinhood investor and inside.com founder joins us now. jason, what a story. what an investment for you, i'm sure you say you are off skiing but now you're back paying attention to the story there's a conspiracy theory brought out by winklevoss yesterday. >> i have no information on that and good luck with the winklevoss twins and trading bitcoin. they're heroes to me i'm joking i don't know that they know what they're talking about. i would disregard whatever they say. it is an interesting turn of events and, yes, that's a blizzard behind me this has tipped over into the consciousness of everybody on the lift in front of me people were talking about should they buy gamestop. i kid you not. this was a 15-year-old kid and parents and they're talking shorts i was like, you

i'm jon fortt with carl quintanilla and deirdre bosa this hour it is fundamentals versus mechanics, gamestoper than higher, now lower again. american airlines higher amc halted earlier it's lost about half of its value since yesterday's close and at the same time strong earnings from apple and facebook showing big tech has plenty of gas in the tank. maybe justifying these stretched valuations, deirdre. i am plenty on twitter, linkedin, people angry of being locked out to trade freely in some of these positions they have taken over the last few days it is a difficult space out there when the rules, or at least the duels, keep changing >> yeah, indeed. it's extending past reddit i have four screens in front of me never been so grateful because it's hard to track all of the conversations going on in different platforms. that's where we're going to start this morning mobile brokerages like robinhood are under pressure after restricting trades in gamestop kate, as i was saying, it's not just on reddit anymore but even in the last few minutes robinhood has been slammed this is gaining momentum >>

to break down the big tech future under the biden administration is deirdre and danny, and so deirdre bosa, first to you. what are you hearing is job one from the biden administration with regards to big tech >> the short answer tbd, but how i would describe the relationship perhaps is that biden's relationship with big tech is cozy, but far from comfortable. biden is reportedly looking at a number of candidates who have worked with big tech and have experienced either as consultants or lobbyists to go into the administration and agency and looking at a woman who reportedly consulted on amazon's whole foods deal and more than $13 billion acquisition to potentially lead the anti-trust unit at the doj which is leading questions and the momentum that has been achieved in the last few years of cracking down on big tech and, you know, alleged anti-monopoly power has taken off, and no matter how many people he has that have relationships with big tech, you cannot stop the momentum, and brian, you showed some of the performances of big tech over the last few weeks and months, they have been under

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deirdre bosa, bob pins and julia boorstin for "rapid fire." >>> still ahead, always fall back on winning long-term themes that's how jim cramer says to approach any market selloffs one of his key themes for 2021 is sbeeiler security we've got his picks in the space next and watch us live on the go using the cnbc app any time. we're back in a couple ♪ - [narrator] if you're thinking about going to school online, southern new hampshire university is where you belong. we've been online for more than 25 years and have helped thousands of students reach their goals. as a nonprofit university, we believe access to high quality education should be available to everyone. that's why we offer some of the lowest tuition rates in the nation, and haven't raised tuition in nearly a decade. so no matter where you want to go, snhu can help you get there. visit snhu.edu today. >>> welcome back take a look at the cyber security etf hack. it's up more than 80% from the march lows and amid a shift to remote work during the pandemic. jim cramer made the industry one of its top ten investment themes for the y

including payments start-up striper taking additional steps in light of last wednesday's events deirdre bosa has more. >> cutting off the trump campaign's money flows that's arguably one of the most sequential moves by tech because it cuts off a lucrative source of income. that's what stripe did paypal and shopify also taking action they no longer sell trump official merchandise paypal deactivated accounts of groups who were using the platform to coordinate payments to those who funded the rioters' actions. amazon went a step further and took the app off the internet all together by cutting off its cloud computing power and citing violent posts. parler suing citing unlawful business interference. airbnb is out with a statement saying it will uphold its community policies and ban violent hate group members when they learn of souch memberships. >> thanks for all of those angles so much to discuss julia, i wanted to come to you first for twitter and facebook in particular, are there any tones from their statements that suggest they are apologizing for what part, small or otherwise, they have --

deirdre bosa, what do you see. >> the stock was up as much as 5% coming down. and top lines. eps at 52 cents per share versus an employment 47 cent. revenue coming in at $3.24 billion. that's also above the $3 billion that was expected. gross margins of 45%, in line with estimates we are digging through guidance at the moment. q 1 revenue guidance was toward the lower end. that may have been why the stock has come off its initial gapes we will continue the look into it but guys as you know, it has been an outperformer in the chip space. on the call we are looking for a progress update on the zi links acquisition and we will bring you more as we get it. >> paul hickey, what did you make of some of the numbers crossing at the moment >> i think the semis are an interesting area to watch here mike was talking about how they have underperformed over the past few days after a really impressive start to the year with your seeing weakness heading into the earnings reports. if these stocks don't rally on these reports tomorrow i think it is again more of this sector rot

i'm jon fortt with carl quintanilla and deirdre bosa amazon's head of devices joins us as we close outeland security chad wolf will join us one of the most interesting voices in streaming, there's this movement in consumer tech of upstarts nipping at netflix's heels and disney plus and tiktok are major names. >> and that is where we will start this hour. julia boorstin joins us now with kevin mayer in an exclusive interview and, julia, this is his first since taki

i'm jon fortt with carl quintanilla and deirdre bosa the reddit rebellion is where we're going to startamestop resuming its rally now up 73% plus. amc also up 56%. blackberry up about 10%. survey of the shorts our next guest is saying the recent reddit trade is, quote, the messy middle of a revolution early robinhood investor and inside.com founder joins us now. jason, what a story. what an in