Squawk Pod Bribery Laws, Elon Musk vs. Sam Altman, & Beyond a Ceasefire 2/11/25
Feb 11, 2025
Amos Hochstein, a former Biden senior advisor, shares insights on the fragile ceasefire in the Israel-Hamas conflict and the urgent humanitarian needs. Dr. Scott Gottlieb, former FDA commissioner, examines the alarming potential impacts of proposed NIH funding cuts on public health research. The conversation also touches on Elon Musk's ambitious $97.4 billion bid for OpenAI and tensions with CEO Sam Altman, and President Trump's pause on anti-bribery law enforcement, raising ethical concerns in international business.
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Musk's OpenAI Bid
- Elon Musk offered $97.4 billion for OpenAI, aiming to make it open-source again.
- OpenAI CEO Sam Altman jokingly countered with a $9.7 billion offer for Twitter.
FCPA Paused
- Trump paused enforcement of the Foreign Corrupt Practices Act (FCPA).
- He claims it disadvantages US firms against foreign competitors who bribe freely.
Hamas Postpones Release
- Hamas postponed its hostage release, blaming Israel for breaching the ceasefire.
- Amos Hochstein believes Hamas is flexing its power and wants to discuss phase two.