Beijings new security laws for any time it appears in the industry. And food for the souls of underprivileged kids in the form of dance we need a ballet teacher in nigeria who offers lessons for free and some of the students who say dancing has changed a lot. To answer. Im sumi so its going to its great to have you with us we start with some breaking news german prosecutors say they have arrested the former chief executive and 2 Board Members of the payments processor wire card as part of fraud investigations marcus brown and the Board Members were detained in munich investigators say the 3 are suspected of faking income to inflate the companys Balance Sheet wire card went bankrupt after were dealing a nearly 2000000000 euro hole in its accounts last month the scandal has triggered criticism of germanys financial oversight and let the calls for the government to explain how much it knew about wire cards dubious accounting practices. Lets bring indeed up use financial correspondent shal
Houston texas thats as the Trump Administration orders it is to close it citing concerns over us intellectual property where the diplomats are burning sensitive documents. Like the women and children stranded by the collapse of the socalled Islamic State many of them are european citizens to hear from a frenchman fighting to bring his daughter and grandson home. And food for the souls of underprivileged kids in the form of dance we need a ballet teacher nigeria who offers lessons for free and some of the students who say dancing has changed their lives. Im simply so much going to thank you for joining us and we start out with some breaking news german prosecutors say they have arrested the former chief executive and 2 Board Members of the payments process. Company wire card as part of fraud investigations marcus brown and the Board Members were detained in munich investigators say the 3 are suspected of faking income to inflate the companys Balance Sheet wire card went bankrupt after r
Data, that amazon does not use that data for its own benefit, and im now hearing you say, well, youre not so sure thats going on. And the issue that were concerned with here is very simple. You have access to data that far exceeds the sellers on your platforms with whom you compete. You can track consumer habits, interests, even what consumers clicked on but didnt buy. You have access to entirety of sellers pricing and inventory information past, present and future, and you dictate the participation of thirdparty sellers on your platform. So you can set the rules of the game for your competitors but not actually follow those same rules for yourself. Do you think thats fair to the mom and pop thirdparty businesses who are trying to sell on your platform . I appreciate that question, and i like it a lot because i really want a chance to address that. I am are proud of what weve done for thirdparty sellers on this platform. We started our thirdparty platform 20 years ago, and we had zero
Thanks for taking my question, you added a sentence into the statement about the course of the economy depends on the path of the virus is this do you feel this idea or view is not widely enough understood do you feel you had warned back in may that too early reopening or cautious reopening might harm the economy do you feel that message is not heard and some of these reopenings took place perhaps sooner than they should have i think we feel that it might be the most central fact or the most central driver of the economy is the virus were seeing that again. You saw that during the lockdown when we got cases way down you saw the economy reopening. You saw spending go up and hiring go up now that the cases have spiked again. Again, the early data, highfrequency data suggests that theres a slower pace of growth at least for now. We dont know how deep or how long that will be. Its such an important sentence, we just decided that it needed to be in our post meeting statement. Its so fundame
How quickly the situation can stand traumatic defeat here a sickly we are here to try and save the holiday. We play straight down holidays twice we normally would be in greece right now were trying to help and to provide answers whether someone is sick or not. Meanwhile im speechless and feel powerless. Also on the day of german payment processor why a card in crisis with billions of euros missing from the Balance Sheets so that regulators been asleep on the job its a shame that Something Like that happened and that starts with looking at the complete failure of the Senior Management private and public and it is including my own. Who have not been effective enough. To trigger Something Like that happening. To Health Officials in germanys Western State of north rhinewestphalia are conducting mass coronavirus testing after reimposing lockdown measures on hundreds of thousands of people the decision follows a major spike in infections that have made processing the plant a germany also fac