In the us courtroom as he defends the origins of facebooks Virtual Reality headset. Weighing up the wish list Business Leaders give us their take on theresa mays plans for brexit, as the pound starts to sink again. Welcome to World Business report. Im sally bundock. We will be live in davos in just a moment to speak to the boss of wpp about what theresa may had to say on tuesday. Facebook founder Mark Zuckerberg has denied allegations his companys Virtual Reality unit stole its technology from a rivalfirm. He faced hours of tough questioning in a us court on tuesday. Our north America Technology reporter dave lee provided more details about the case. Mark zuckerberg was on the stand wearing not his typical grey t shirt but a full suit and tie and while he was there his Company Facebook was accused of essentially stealing technology from a firm which works very closely with oculus, that oculus. They say it was their input that may be oculus headset and early success that may be oculus h
The World Economic forum in davos to get the inside track on how the worlds biggest institutions are dealing with the challenges of Cyber Security. The chief Technology Officer at Bank Of America will be joining us. Also Cambridge University is recruiting a professor of lego. So we want to know if the ubiquitous Building Blocks are now more than just childs play . Are you a Master Builder . Let us know. Just use the hashtag bbcbizlive. Today, for the first time ever, a Freight Train from china will arrive in the uk. It wasnt intended as a symbolic statement, but with the british Prime Minister now confirming the uk must leave the european Single Market, the trains arrival does illustrate that post Brexit Britain may need to look further afield for its trading partners. Theresa may used her much anticipated speech yesterday to announce the uks priorities for upcoming brexit negotiations. Leaving the Single Market means britain will lose the right to trade with the European Union without
Is a classic stealth rally. It happened very slowly. We saw material Stocks Energy stocks moving up. 41, advancing to the declining stocks throughout the day its gotten better. Slowly to the close. Its just not the kind of year that has felt like a record high year yet. If things change and we should mention the dow itself is only 100 points off. It helps that cisco is having a great day. Semiconductors have had a great month as well. Meanwhile, tesla is running out of juice. They hit hard the founder says his Company Still will be worth as much as apple, remember apples worth 700 billion right now. He says thats what tesla will be worth in ten years time. Were going to look at tesla and apple and figure out which youd be better off owning for the next decade. The government seizing the personal Bank Accounts of Small Business owners without justification or accountability. This didnt happen in venezuela or cuba or russia but right here in the United States. The irs is now facing incre
We are here at the European Headquarters in london. Coming up on the program, we go behind the scenes of pro cycling. Were going to take you on a tour with the leader of the top team in the Tour De France to make sure what may to find out what makes him tick. The new car for royalty and the superrich. We begin with a bloomberg tv exclusive. Over the weekend, we were speaking with frances finance europe economic conference and he said he would like to see less dominance of the dollar. We sell ourselves aircraft in dollars. Is that really necessary . I do not think so. Airbus can sell it to air france in euros. It would create stability for airbus and air france. So we can avoid this Exchange Rate risk. Euro really be an alternative to the dollar considering that 60 of the reserves of Central Banks are in dollars . Diminish financing costs in our economy by labeling more than other currencies. This is not a fight against dollar imperialism. ,he goal is to fight stability to reflect the f
Alkemy Capital Investments plc (LON:ALK) shares its audited Annual Report for 2024. Learn about their investments in critical minerals and sustainable practices.