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Transcripts For BBCNEWS Asia Business Report 20240706

this confirms the view that digital advertisers are betting on well established platforms, such as facebook and instagram, in the face of challenging economic conditions. those concerns have led meta and other tech giants to embark on a cost cutting campaign that has so far resulted in 150,000 lay offs across the sector. earlier i spoke with ray wang, the founder of the tech advisory firm constellation research and he told me that meta has managed to keep eyeballs on its platforms and advertisers know that. yeah, they showed the digital ad winter is thawing and that is a really important piece. what you mentioned earlier was important, advertisers are flocking to the big platforms. if you don t have the users and the eyeballs, they are not going to be there and what meta showed was that they were able to keep their monthly active users still at 2.99 billion, almost 3 billion, intact, and were able to drive sales up 3% and give a queue to guidance that was much higher between

Transcripts For FOXNEWS The Story With Martha MacCallum 20240706

watch how president biden reacted to that. the members of this community were singled out because of their religious affiliation. now three young children are dead. three educators are dead. you believe that christians were targeted? i have no idea. josh hawley believes they were. what to you say to that? i probably don t then. i m joking. i have no idea. martha: well, laugh about that and saying that if that s what josh hawley thinks, he probably disagrees. we ll get into that with katie pavlich and fox news contributor and geraldo rivera, co-host of the five and fox news correspondent at large. great to have you with us right now. katie, let me start with you. what did you think of that response from the president in that sound bite? well, it came after the president s first response to this horrific situation when he talked about ice cream at the white house during his first remarks about this situation. so i think it shows that he s clearly more interest

Transcripts for BBCNEWS Asia Business Report 20240604 01:37:00

declines from a day earlier after the bank said customers had pulled $100 billion in deposits in march. first republic has been under pressure since a series of us bank failures last month sparked fears of a wider crisis. chinese police have visited the office of the us management and consultancy firm bain & company in shanghai and questioned its staff. a statement from bain s spokesman said the company is cooperating with chinese authorities but offered no further information. chinese authorities last month raided the office of the american corporate due diligence firm mince group and traders are increasingly pessimistic about their prospects there according to a survey by the american chamber of commerce in china. to india now because the country is estimated to overtake china as the world s most populous country by the end of april, with more than 1.4 billion

Transcripts for FOXNEWS The Story With Martha MacCallum 20240604 19:58:00

factor. china and russia will determine events in the world. that is an arrogance that was coupled with so many other bad developments this moment. martha: when things first started to open up between the u.s. and china, a lot of american workers that went to china, went to hong kong. having small story, but that caught our attention. the mince group is a due diligence group. china took in the workers of this group. nobody knows what happened to these people after they raided the offices in beijing. no one has heard from them since. this means essentially china knows that its numbers that its reporting to the world on its economy, they ve been exaggerated. china didn t grow 3.0% last year. probably contracted 1 or 2%. if you have these due diligence groups out there, people will find out about it. that s why china is cracking

Transcripts for FOXNEWS The Story With Martha MacCallum 20240604 19:59:00

down on them. they don t want us to know. they need our money right now and they don t want to us know the situation there, which is the reason why they detained everybody from the mince group. martha: those people go where? someplace in the chinese detention state. we don t know. martha: one men you re in your office in beijing and the next minute you re being basically pulled away from your desk and taken out. we re seeing similar things that happen to a japanese worker as you said. these are scary times. you know, what is your last thought on that, gorden, before we let people gee? this is the most consequential point in history because we have two very malicious large dangerous actors and the united states, which is normally the backstop for peace and order is now not tensioning like it should. biden doesn t know what s going on. he doesn t want to acknowledge it. things can fall apart fast. martha: a strong final

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