to google means to find out all there is to know. how many friends do you officially have now? 175 million. within four degrees of me are 700,000 people. who is barack obama? the answer is right there on my facebook page. if you like hilarious, shocking, embarrassing videos i like turtles. chances are you spend a lot time on youtube. leave britney alone! what we re creating is a stage for everyone to be seen. we re in a very wonderful time right now where the innovations really are driving the technology right into the center of our lives. this should be simpler, more powerful, faster. of course the big story tonight is i have an ipad. in focus tonight, the communication innovations that await us as we head into the 21st century. we re in for the communications ride of our lives. the coming year sees cell phones small enough to hide in your pocket. the promise of videophones is coming true. tiny hand-size computers that know y
quarter of this year the bank s last quarter before it had to be rescued by swiss rival ubs. and they illustrate the scale of the crisis which was around the corner. between january and march, credit suisse made a pre tax loss of nearly $1.5 billion. to add to its woes, a massive amount of deposits were withdrawn in the three month period. total outflow was nearly $69 billion. and to remind you what happened next, when there were fresh doubts about the stability of the banking industry a few weeks ago, investors became increasingly fearful for the future of credit suisse. it was eventually bought by its swiss rival, ubs, in what was described as an emergency rescue. the $3 billion price tag was a mere fraction of what the bank would have previously been valued. let s get more now from russ mould, investment director at aj bell. worryingly for the bank, desposits are still being withdrawn. how significant is that? hello, yes, they did say they feel that the outflows are st
last little while we have heard that israel has proposed hosting the rival sudanese leaders for talks. so the israeli foreign ministry are just saying that any last little while, just that one sentence, a whole flurry of international efforts to get a truce. all of them have failed so far, but israel now proposing hosting rival sudanese leaders for talks, so we will keep an eye on that development. whilst we were hearing from andrew mitchell in the house of commons, we were also getting the latest views from us secretary of state. worth going through the key conclusions he has been talking about because he says the state department continues to be, in close communication with us citizens to provide information on possible departure routes, including americans travelling overland in the un convoy to port sudan. dozens of american nationals, he says, have expressed interest in leaving sudan. he also has said that the sudanese people are not giving up on the democratic future an
the arrival of online shopping has had such a destructive force on the retail sector for those who have failed to adapt quick enough and i think what is significant or the reason people are kind of paying so much attention specifically to bed bath & beyond is because it was at one time known for being such a leader in its area. it was what was known as a category killer. so if you look back to the 1990s in american retail, you had a lot of shops that specialise in one specific category. in this case, it was mainly, the name implies, bed and bath, but they also owned babies r us, so specialising in items babies. at the time, you also saw other retailers in that category like david s bridal, which is another store that recently filed for bankruptcy. what is happening is that consumer tastes have shifted online and these kind of more legacy retailers have failed to adapt. they have tried various things over the years. i mean, i rememberspeaking
its appeal has very much obviously faded. , ., ., its appeal has very much obviously faded. , ., ., ~ . faded. let s get more from michelle fleu who faded. let s get more from michelle fleury who has faded. let s get more from michelle fleury who has been faded. let s get more from michelle fleury who has been following - faded. let s get more from michelle fleury who has been following the i fleury who has been following the story from new york. what it s all go wrong? i think it is a common story, we have heard it before. the internet and online shopping e55entially has done for this company. it wasn t able to adapt enough and i think when you look back, its heyday wa5 enough and i think when you look back, its heyday was back in the 19905 and the early to thousands and it was known as a leader in the kind of retailer that was considered a category killer because it specialised in one area. in this case, bed and bath, as the name suggested. and much like another rival, david s