NBC has its “Today” franchise in the morning, and, increasingly, sibling CNBC has its growing coterie of “Squawk” programs.
The NBCUniversal-owned business-news network said it would launch an hourlong program devoted to highlighting technology news. “Squawk Alley,” which will air at 11 a.m. starting May 19, will examine what the network called “the intersection of Wall Street and technology.”
Carl Quintanilla, a CNBC veteran who has been hosting the three-hour “Sqwawk on the Street” starting at 9 a.m, will also host “Squawk Alley,” as the former show will be trimmed back to two hours.
He will be joined by Jon Fortt, CNBC’s on-air tech editor, and reporter Kayla Tausche, who will start a new beat examining the big-money backers of technology ventures. The show will be able to draw upon CNBC reporters on the ground in Los Angeles and in the Bay Area. “Squawk Alley” will also offer reporting and analysis from tech-news site Re/code, in which parent NBCUniversal owns a minority stake.
“With technology infusing nearly every business story, ‘Squawk Alley’ will be the place where stories of innovation and disruption collide with capital markets and the global economy,” said Nikhil Deogun, senior VP and editor-in-chief of CNBC Business News, in a prepared statement.
“Squawk Alley” will continue to cover the general stock market as news demands, the network said.
CNBC’s “Squawk Box,” which airs from 6-9 a.m., started on CNBC in 1995, anchored by Joe Kernen, who continues to appear on that program, and the late Mark Haines. Quintanilla joined the early-morning program in 2005. “Squawk on the Street” debuted in 2005 and starts at 9 a.m.