Alphabet CFO Ruth Porat: Davos Day 1 5/23/22

At the first in-person World Economic Forum since 2020, global leaders gather in Davos, Switzerland to discuss the future of politics, culture, and business. Andrew Ross Sorkin is on the hillside in the Alps for a rare sit-down interview with Alphabet CFO Ruth Porat; they cover fears of an economic slowdown, U.S. content moderation policies, and tech’s rough year in the markets. Plus, President Biden says that the U.S. would get involved militarily to defend Taiwan if China tries to take it by force. CNBC’s Beijing Bureau Chief Eunice Yoon reports China’s Foreign Ministry expressed “strong dissatisfaction and firm opposition” to the remarks, and Yoon highlights the implications of Biden’s Indo-Pacific trade pact for foreign investment in China. In this episode: Eunice Yoon, @onlyyoontv Joe Kernen, @JoeSquawk Andrew Ross Sorkin, @andrewrsorkin Becky Quick, @BeckyQuick Cameron Costa, @CameronCostaNY