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Transcripts For BBCNEWS Business 20240702

stores and selling more phones. it overtook apple as the second most popular smartphone maker in china during the first quarter of the year the company s iphone sales rose 52% compared to a year ago. it s according to data from a research company affiliated with the chinese government. that entity, the titan democrat doesn t track apple specifically. instead it measures the increase in foreign branded shipments. but in the foreign branded game, apple is the main player. and apple is the main player. and apple could see more gains from may it s been discounting select models which could lead to more sales. openai has formed a new safety committee responsible for evaluating its artificial intelligence models. the oversight teams first task will be to assess openai s current safety practices over the next 90 days, before giving their recommendations to the board. once the board has reviewed the findings, openai will share them publicly. all this comes as the company begins

What might the Sam Bankman-Fried trial mean for banks?

What might the Sam Bankman-Fried trial mean for banks?
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Transcripts for MSNBC The 11th Hour With Stephanie Ruhle 20240604 04:16:00

gentleman s top lieutenants just did that. and the other is my cooperating in the investigation and prosecution of others. and i assume that s precisely what they re going to do. so, if they were caught, and they had done something wrong, and they have criminal exposure, and they want to sort of lessen the impact, then you plead guilty and you cooperate. and that s bad news for the guy who is left holding the bag. or to use another metaphor, the guy who is still standing when the music stops. that seems to be mr. bankman-fried. he has top lieutenants now cooperating against him. that makes for a very bad day. the music has stopped. and for sam, the party is absolutely over. gentlemen, we are 15 minutes in. and you absolutely made us smarter on a host of topics tonight. thank you for joining us. luke broadwater, clint watts, and chuck rosenberg. when we come back, former u.s. ambassador to ukraine bill taylor is here on president zelenskyy s historic address to

Transcripts for MSNBC The 11th Hour With Stephanie Ruhle 20240604 04:15:00

likely to see tomorrow when this 800 plus-page report is released. one more topic before we go, chuck. sam bateman freed, the former head of ftx, landed back in the united just outside new york city. and tonight, two of his closest associates have played guilty to two charges of fraud. we wonder how did they get this guy so quickly? well, it s not that hard when your two closest associates flipped so quickly on you. this cannot be good for him, right? not good at all. and credit to the southern district of new york, the fbi, for moving this case so quickly. you know, if you have done something wrong, and you had information to offer to the justice department and the fbi that can lead to the prosecution of someone else, give it. here s why it matters, stephanie. there s two ways to get credit if you are a criminal. one is by pleading guilty and accepting responsibility. and to your point, two of this

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