Facebook, at a Crossroads: Early Investor Reid Hoffman

Squawk Pod

As Facebook combats leaked internal documents and growing concerns from users and lawmakers alike, early investor and LinkedIn co-founder Reid Hoffman retains hope that the platform will deliver on its potential to do more good than harm. In a wide-ranging interview, Hoffman discusses Apple’s privacy changes and technology’s potential to streamline a struggling supply chain. House Speaker Nancy Pelosi says Democrats are close to finalizing an agreement on the social safety net plan that would allow for the bipartisan infrastructure bill to move forward. CNBC’s Ylan Mui reports on the agreement. Also on the Hill, Democrats are taking aim at billionaires and their unrealized capital gains with a new wealth-tax plan. Plus, CNBC’s Eamon Javers reports that Microsoft says it’s identified another wave of cyber attacks by the Russian intelligence service, similar to last year’s devastating SolarWinds hack.
In this episode:
Reid Hoffman, @reidhoffman
Ylan Mui, @ylanmui
Eamon Javers, @EamonJavers
Joe Kernen, @JoeSquawk

Andrew Ross Sorkin, @andrewrsorkin