Transcripts For BBCNEWS World 20240704

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facebook, and tiktok. the most popular platforms face the most stringent rules and biggest fines that's because they reach at least 45 million european active users per month that equates to a "significant societal and economic impact". violations could result in fines of up to 6% of their global revenue, or even a temporary ban from the union. margrethe vestager, executive vice president of the european commission, said... "the whole logic of our rules is to ensure that technology serves people and the societies that we live in, not the other way around." the laws will eventually apply to all businesses providing digital services within the bloc, expected to come fully into force in february 202a. joining me is independent technology analyst stephanie hare. lovely to see you. i explained that the european rules are set to protect people, protect users from what? , , ., , ., , protect people, protect users from what? , , . , ., what? the big g group that is going to be protected _ what? the big g group that is going to be protected from _ what? the big g group that is going to be protected from this _ what? the big g group that is going to be protected from this is - to be protected from this is actually children from the age of 13 to 17. you shouldn't have your kids on social media platforms under the age of 13, so in theory, they are already being protected by you the parents. kids from 13 to 17 until now, it's been permissible, not ok but not illegal, due to targeted advertising due to profiling online. very large online platforms cannot do that as of today. as of february 2024, even the smaller companies also have to comply with that. it's great news for kids and for people who care about kids. the second one is something called algorithmic transparency. all these companies have to share how the algorithms work with the eu regulators. we will be able to understand how we know what advertisements are being shown to us, but also how posts are appearing in ourfeed. it's been a mystery until now for most users. has there been much pushback from the tech giant?— has there been much pushback from the tech giant? they always complain about bein: the tech giant? they always complain about being regulated, _ the tech giant? they always complain about being regulated, that's - the tech giant? they always complain about being regulated, that's normal| about being regulated, that's normal in business in general. now pushing back, the two big ones pushing back and the sun and a german company, retailing company. both of them feel there platforms and social media. digital servicing apps and mobile monitoring or about misleading products being sold online. that is going to be taken to court in those company's cases. horse going to be taken to court in those company's cam-— company's cases. how far will this no to company's cases. how far will this go to restere _ company's cases. how far will this go to restore trust _ company's cases. how far will this go to restore trust and _ company's cases. how far will this go to restore trust and big - company's cases. how far will this go to restore trust and big tech i company's cases. how far will this go to restore trust and big tech asi go to restore trust and big tech as the eu argues. i go to restore trust and big tech as the eu argum— the eu argues. i don't know if an one the eu argues. i don't know if anyone using _ the eu argues. i don't know if anyone using big _ the eu argues. i don't know if anyone using big tech - the eu argues. i don't know if anyone using big tech trust i the eu argues. i don't know if anyone using big tech trust ini the eu argues. i don't know if. anyone using big tech trust in it anyone using big tech trust in it any more, wejust anyone using big tech trust in it any more, we just have to. it's anyone using big tech trust in it any more, wejust have to. it's part of being alive. it's a step in the right direction, and yet again it confirms that in the united states or china or here in the uk, the body thatis or china or here in the uk, the body that is leading the european tacking is the european union. henge that is leading the european tacking is the european union.— that is leading the european tacking is the european union. have a great weekend, thanks _ is the european union. have a great weekend, thanks steph. _ energy prices in the uk are set to remain high this winter — above levels seen before the start of the war in the ukraine. britain's energy regulator, 0fgem, announced today that the energy bills of 29 million households would be capped at £1,923 this winter. that's £577 less than last winter, but campaigners have warned that bills are still unaffordably high for some households grappling with the cost—of—living crisis. craig lowrey is a principal consultant at cornwall insight, an independent energy research, analytics and consulting firm. let's start with this briefly, what are the price caps, what do they mean. ' . , , . are the price caps, what do they mean. m , ,. , mean. effectively, the price cap is a maximum _ mean. effectively, the price cap is a maximum amount _ mean. effectively, the price cap is a maximum amount that - mean. effectively, the price cap is a maximum amount that energy l a maximum amount that energy suppliers can charge per unit with every unit of electricity and gas that households use. it's a cap on the dealing charge that appears on their electricity bills. of jam said that every quarter, it is being announced by the regulator this morning for a certain amount of time it was £1900. the morning for a certain amount of time it was 9900-— it was £1900. the prices are lower than last year. _ it was £1900. the prices are lower than last year, but _ it was £1900. the prices are lower than last year, but there - it was £1900. the prices are lower than last year, but there are - it was £1900. the prices are lower than last year, but there are a - it was £1900. the prices are lower than last year, but there are a lot| than last year, but there are a lot of external factors out there that can impact the energy. what if the energy prices go higher? effectively, we saw this in 2021, 2022. there is an increase in the markets because of the rate that suppliers the charge was capped. i think we are continuing to see the level of volatility in the wholesale markets in 2022, but the potential for... that lead to a lot of volatility in the wholesale markets. we are still seeing some underlying dynamics in terms of global dynamics playing out in uk energy bills. thank you craig. well, staying on the subject of lofty energy prices, i spoke to the boss of one of europe's biggest clean energy companies. he told me that the situation this year is a lot better than last year, but things are still fragile. there was was a very turbulent one. so after the attack of russia to ukraine and the disruptions in the gas supplies, energy prices spiked up. the market was in huge turbulence. now it's much calmer. so the forward prices are on completely different lower levels than they were last year. so if nothing else happens and today's market prices prevail, then energy costs will be lower. but i would say that that the markets are very fragile. so we can say that with a little bit of news from somewhere in the world for lng supplies or the likes, the market will react very quickly. prices can jump very quickly up. and we have seen that recently in the nordics as well. a little bit of disruption in transmission, transmission line availability, nuclear availability and so on. prices can jump up massively from close to zero, up to several hundred euros per megawatt hour. and you can see the full interview with markus rauramo, as well as international panel of experts looking forward to how europe and north america's energy markets are prepared for winter, on talking business weekly with me, here on bbc news. india has abundant tech talent. but opportunities for work are often concentrated to just a few urban clusters. this has led to millions migrating to big cities over the last three decades. but zoho, a software unicorn, has been trying to change that by building offices in the most remote corners of the country. nikhil inamdar visited one on india's southern tip. this lush rural landscape on india's southern tip isn't where a techie would typically find his place of work. but vinish did, he works for zoho, a $5 billion tech enterprise which is brought skilled tech jobs close to his rural hamlet. living here means vignish can follow his other big passion, while doing his day job as a busy techie, cultivating a small forest. translation: working here allows me to live near my parents. _ the weather is much nicer and i'm closer to nature. i can do things like creating this forest. india has some of the most crowded cities in the world. 0ffice goers spend hours on the commute to work every day. but zoho believes you don't need to be in the big city to build world—class software. these employees live close to their familiar routes but build products that can compete with silicon valley giants like google, microsoft and salesforce. starting about a decade ago with about six employees, this rural office of zoho houses about 750 techies. it is an initiative that can address a number of our problems. decongesting the big cities, halting rural brain drain, and revival of india's villages and small towns. the local economy of this village has boomed after zoho set up shop. this cafe for instance gets 70% of its business from zoho employees and the company now wants to create 100 village offices across the world. were able to retain people for longer terms. i think that's the biggest value for a company like oui’s. we've always had attrition numbers in single digits, it has been less than ten. great for companies, then. but what about employees? you probably have better quality—of—life personally, that comes at price. there are many push factors that pushes towards looking at urban areas. for one, there's more opportunity. the ability to network, higher pay, so a lot of that end up pushing us towards moving at of villages into big cities. but one in ten indians who moved to the village during the pandemic have not returned to the city. rural offices like zoho's will only enable more to make that choice. that's the big boss waiting to give his speech later. what really stands out as the decorative white plaster walls. they show on eight pictures and dates back 400 years, around 500 people a day have been visiting since it opened. but like the forth rope bridge, the work never really starts. , . . bridge, the work never really starts. , ., . . ., bridge, the work never really starts. , .. _, ., starts. the place will continue to deteriorate. _ starts. the place will continue to deteriorate, it's _ starts. the place will continue to deteriorate, it's not _ starts. the place will continue to deteriorate, it's not getting - starts. the place will continue to deteriorate, it's not getting any| deteriorate, it's not getting any younger like the rest of us. so there will be conservation work to be done in the future. if we hadn't done anything, it would have deteriorated much more quickly. events have been able to allow the public and, it wouldn't been so. hello from the bbc sport centre. the president of the spanish fa luis rubiales says he will not resign. he's been addressing an extraordinary assembly of the nationalfederation in madrid following his conduct at the women's world cup final last sunday. he has apologised for grabbing his crotch in celebration at full time, while standing yards away from the queen of spain and her daughter. he was criticised for kissing one of the players jenny hermoso on the lips during the trophy presentation, he says that was consensual. fifa opened disciplinary proceedings against him yesterday. 0thers others say that something that's clearly unacceptable. it's sad that it ruined what was supposed to be the most special moment in her career and in spain's career. it was ruined by that. not only is it ruined by that. not only is it ruined but also

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