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☆ Why one economist says Elon Musk has turned Tesla into a meme stock
▼ + stars: | 2024-05-02 | by ( Filip De Mott | ) www.businessinsider.com time to read: +3 min

The economist thinks the firm no longer keeps up with what CEO Elon Musk promises. Musk really wants Tesla to be a tech company, but it's an automaker, DeLong said. Advertisement"For all the current Tesla shareholders planning to offload their holdings in the next couple of years, everything hinges on the company succeeding as a meme stock, and Musk is diligently working toward that goal," DeLong argued. Last month, investor Roger McNamee warned that the stock would start trading like a car company if shareholders decided that Musk wasn't central to its narrative. In a similar vein, short-seller legend Jim Chanos called Tesla a "hopes and dreams" stock, trading more on Musk than fundamentals.

Persons: J, Bradford DeLong, Elon Musk, Musk, Tesla, DeLong, —, Elon, Roger McNamee, Jim Chanos Organizations: Project Syndicate, Service, UC Berkeley, Street

☆ Musk pay package vote is the real test of Tesla as a meme stock, says Elevation Partners' McNamee
▼ + stars: | 2024-04-17 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMusk pay package vote is the real test of Tesla as a meme stock, says Elevation Partners' McNameeRoger McNamee, Elevation Partners co-founder, joins 'Squawk on the Street' to discuss the latest Tesla news, whether Elon Musk would leave Tesla if he doesn't get the pay package, and more.

Persons: Tesla, McNamee Roger McNamee, Elon Organizations: Partners

☆ Investors need to worry about lawsuits against social media companies: Elevation Partners' McNamee
▼ + stars: | 2024-02-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors need to worry about lawsuits against social media companies: Elevation Partners' McNameeRoger McNamee, Elevation Partners co-founder, joins 'Squawk on the Street' to discuss Mark Zuckerberg's decision to address the parents at Wednesday's Senate hearing on safety in social media, why it's almost certain social media companies will lose recent lawsuits, and more.

Persons: McNamee Roger McNamee, Mark Zuckerberg's Organizations: Partners

☆ Watch CNBC's full interview with Elevation Partners' Roger McNamee
▼ + stars: | 2023-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Elevation Partners' Roger McNameeRoger McNamee, Elevation Partners co-founder, joins 'Squawk on the Street' to discuss the turmoil at OpenAI and more.

Persons: Roger McNamee Roger McNamee Organizations: Partners Locations: OpenAI

☆ OpenAI turmoil: Here's what could be the path forward
▼ + stars: | 2023-11-21 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailOpenAI turmoil: Here's what could be the path forwardRoger McNamee, Elevation Partners co-founder, joins 'Squawk on the Street' to discuss the turmoil at OpenAI and more.

Persons: Roger McNamee Organizations: Partners Locations: OpenAI

The newly-formed Sustainable Media Center is intent on stopping companies from using algorithms to push damaging information to vulnerable youths, dark things like suicide methods. Political Cartoons View All 1199 ImagesThe Sustainable Media Center is not alone in this effort. Waituntil8th.org urges parents to not give children smartphones until they reach the eighth grade, and to keep them off social media until they're at least 16. He said he hoped the group could take some dramatic action to give the social media issue greater visibility. The Sustainable Media Center is working with Columbia University to do a comprehensive review of research on the issue, Rosenbaum said.

Persons: Bradley Tusk, Steven Rosenbaum, ” Rosenbaum, Vivek Murthy, Waituntil8th.org, Josh Golin, Fairplay, ” Golin, Tusk, Leo Hindery Jr, Roger McNamee, “, Eric Gertler, David Hornik, Rosenbaum, Emma Lembke, Zamaan Qureshi, Aidan Kohn, Murphy, Sen, Cory Booker, Booker, ” Tusk, he's, Gen, Golin, it's, ” Organizations: Sustainable Media, Venture, MTV, NYC Media, U.S, Sustainable Media Center, YES, Facebook, U.S . News, New, New Jersey Democrat, Columbia University Locations: U.S, New Jersey

☆ Microsoft stands to profit a lot from the AI regulatory meeting, says Elevation Partner's McNamee
▼ + stars: | 2023-09-13 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMicrosoft stands to profit a lot from the AI regulatory meeting, says Elevation Partner's McNameeRoger McNamee, Elevation Partners co-founder, joins 'Squawk on the Street' to discuss tech CEOs' meeting with senators on Capitol Hill and more.

Persons: Partner's McNamee Roger McNamee Organizations: Microsoft, Partners, Capitol

☆ What Meta's Threads app means for Twitter, social media and Meta's own profits
▼ + stars: | 2023-07-13 | by ( Samantha Subin | ) www.cnbc.com time to read: +6 min

Meta Platforms made headlines last week with the launch of Threads , a text-based social media app challenging Twitter and pitting two heavyweight technology leaders against one another. "It's a land grab right now, right now, it's PR," said Paul Meeks, portfolio manager at Independent Solutions Wealth Management. Evercore ISI's Mark Mahaney wrote in a recent note that Threads "poses very little downside" risk to Meta's business, offering "upside optionality" for revenues and profits. Headwinds to Twitter Morfe broadly, Threads may rattle the social media industry and, over the long haul, snatch up some competitor's cherished advertisers. To be sure, Elevation Partners co-founder Roger McNamee said Meta and Threads face a long, uphill climb.

Persons: Mark Zuckerberg, Meta, Meta hasn't, Adam Mosseri, it's, Paul Meeks, Meeks, Evercore, Mark Mahaney, Gene Munster, Mark Douglas, MNTN, CNBC's, Matthew Prince, Musk's, Alex Spiro, Roger McNamee Organizations: European Union, Twitter, PR, Independent Solutions Wealth Management, Meta, Facebook, Elon, Partners

☆ Threads is the perfect situation at the perfect time for Meta, says Elevation Partner's McNamee
▼ + stars: | 2023-07-10 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThreads is the perfect situation at the perfect time for Meta, says Elevation Partner's McNameeRoger McNamee, Elevation Partners co-founder and early Facebook and Google investor, joins 'Squawk on the Street' to discuss McNamee's take on Threads and what it means for Meta, whether Threads is after the same news audience, and more.

Persons: Partner's McNamee Roger McNamee Organizations: Meta, Partners, Google

☆ Meta hits fresh 52-week high as 100M sign up for its Threads platform. Here's how to play the stock
▼ + stars: | 2023-07-10 | by ( Christina Falso | ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta hits fresh 52-week high as 100M sign up for its Threads platform. Here's how to play the stockJim Cramer, Joe Terranova of Virtus Investment Partners, Steve Weiss of Short Hills Capital and Roger McNamee of Elevation Partners discussed Meta's new platform Threads after it passed 100 million users and the stock hit a new 52-week high.

Persons: Jim Cramer, Joe Terranova, Steve Weiss, Roger McNamee Organizations: Virtus Investment Partners, Short Hills Capital, Partners

☆ Bad news for the Fed: American workers are becoming less productive
▼ + stars: | 2023-06-14 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

But what does the Fed mean when it talks about labor markets and their impact on inflation? What’s happening: At its most basic level, labor productivity is a measure of the value of the goods and services produced by a company compared with the amount of labor used to produce that output. Labor productivity decreased 2.1% in the first quarter of 2023, the US Bureau of Labor Statistics reported earlier this month. The silver lining: The good news is technological innovations typically drive upturns in productivity and AI could be such an innovation. Absolutely not,” Yellen said, echoing the joint statement leaders from the Group of Seven made at last month’s summit in Japan.

Persons: Lisa Shalett, ”, Lisa Cook, Joseph Brusuelas, Sundar Pichai, aren’t, Jeffrey Sonnenfeld, Richard Blumenthal, “, Doug McMillon, Roger McNamee, Steven Spielberg, Vito Corleone, Janet Yellen, ” Yellen, Elisabeth Buchwald, Yellen, Biden Organizations: CNN Business, Bell, New York CNN — Federal Reserve, Morgan Stanley Wealth Management, Fed, Labor, US Bureau of Labor Statistics, BLS, McKinsey Global Institute, Federal, RSM US, of America, Google, Yale School, Management’s, Leadership Institute, Walmart, Technology, Financial, International Monetary Fund, Inter, American Development Bank group’s, African Development Fund, IMF Locations: New York, United States, Michigan, Connecticut, China, Japan

☆ There's no evidence today's AI tech will improve our daily lives, says Elevation's Roger McNamee
▼ + stars: | 2023-05-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThere's no evidence today's AI tech will improve our daily lives, says Elevation's Roger McNameeRoger McNamee, Elevation Partners co-founder, joins 'Squawk on the Street' to discuss the significant comparisons between crypto and AI, if the market is rewarding any company related to AI, and how business models would change with artificial intelligence.

Persons: Elevation's Roger McNamee Roger McNamee Organizations: Partners

☆ Meta's longer term issues are really concerning, says Elevation's Roger McNamee
▼ + stars: | 2023-04-26 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMeta's longer term issues are really concerning, says Elevation's Roger McNameeRoger McNamee, Elevation Partners co-founder, joins 'CNBC Special: Taking Stock 2023' to discuss Meta's big beat as its stock surges after hours.

☆ We need to take time to get AI right, says Elevation's Roger McNamee
▼ + stars: | 2023-04-05 | by ( ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWe need to take time to get AI right, says Elevation's Roger McNameeElevation Partner's co-founder Roger McNamee joins 'Squawk on the Street' to discuss concerns about expanding A.I. capacities, President Biden's call for safety measures prior to making A.I. tools public, and the international A.I.

☆ Biden and Republican senators join forces in attack on Big Tech at Supreme Court
▼ + stars: | 2023-02-18 | by ( Lawrence Hurley | David Ingram | ) www.cnbc.com time to read: +7 min

A person walks in front of the U.S. Supreme Court building during rainy weather, in Washington, U.S. January 17, 2023. WASHINGTON — President Joe Biden and some of his most prominent Republican adversaries in Congress have become allies, of sorts, in an upcoming Supreme Court showdown between Big Tech and its critics. Biden took a shot at tech companies in his State of the Union address earlier this month, although he did not mention Section 230. "I think this is an opportunity for the Supreme Court to disentangle some of the knots that the courts themselves have woven here into the law," he said in an interview. "The rhetoric is that these are bad powerful tech companies that are harming ordinary people and causing a lot of harm and injustice," Rathi said.

☆ Watch CNBC's full interview with Roger McNamee
▼ + stars: | 2023-01-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Roger McNameeRoger McNamee, Elevation Partners co-founder and early Facebook investor, joins 'Squawk on the Street' to discuss big tech's January rally and his thoughts on some big tech names.

☆ The best thing the media could do right now is deprive Musk of attention, says Elevation Partners' McNamee
▼ + stars: | 2022-12-22 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailThe best thing the media could do right now is deprive Musk of attention, says Elevation Partners' McNameeRoger McNamee, Elevation Partners, joins 'Squawk on the Street' to discuss mistakes the media is currently making while covering Elon Musk, his thoughts toward recent actions by Musk and more.

☆ A Silicon Valley investor says Elon Musk's move to abruptly suspend journalists on Twitter is 'a direct attack' by the CEO 'on journalism'
▼ + stars: | 2022-12-17 | by ( Taylor Ardrey | ) www.businessinsider.com time to read: +3 min

A Silicon Valley investor blasted Elon Musk's decision to suspend several journalists on Twitter. "Elon Musk does not believe in journalism," businessman Roger McNamee told MSNBC. The accounts of the journalists, who the Twitter CEO claimed doxxed him, have been reinstated. "This has become a trope among billionaires in Silicon Valley. "I think in this particular case, what we have going on here is a direct attack by Elon Musk on journalism and, by extension, on democracy," McNamee told MSNBC.

☆ Investors should expect this Activision deal will go through, says Roger McNamee
▼ + stars: | 2022-12-09 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should expect this Activision deal will go through, says Roger McNameeRoger McNamee, Elevation Partners co-founder, joins 'Squawk on the Street' to discuss if McNamee thinks the FTC is in the right with its lawsuit against Microsoft and how the anti-trust may need to change more.

☆ Elevation's Roger McNamee weighs in on what will become of Musk's Twitter
▼ + stars: | 2022-10-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElevation's Roger McNamee weighs in on what will become of Musk's TwitterRoger McNamee, early investor in Google and Facebook, joins 'Squawk on the Street' to discuss the motivation behind Musk's acquisition of Twitter, his plans for developing the platform and the current state of Twitter's value.

☆ Elevation Partners' Roger McNamee discusses Meta headwinds from TikTok, Apple and the metaverse
▼ + stars: | 2022-10-26 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailElevation Partners' Roger McNamee discusses Meta headwinds from TikTok, Apple and the metaverseRoger McNamee, Elevation Partners, joins 'Closing Bell' to discuss Meta stock, current headwinds and the company's outlook.

☆ Companies need to manufacture much closer to North America in next bull market, says Elevation's McNamee
▼ + stars: | 2022-09-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCompanies need to manufacture much closer to North America in next bull market, says Elevation's McNameeRoger McNamee, Elevation Partners co-founder and early Facebook investor, joins 'Squawk on the Street' to discuss his investing outlook amid today's current market environment, what's changed about the investing environment and what he's seeing in the private markets.

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