who promised customers worldwide that his ftx crypto exchange was the safe and easy way to get into cryptocurrencies. his businesses brought him great wealth. at one point he was worth $26 billion and propelled him into an a—list social network of celebrities, some of whom he paid to endorse. with ftc�*s, have everything i need to buy, sell and trade crypto safely. my goal has been to find ways to have positive impact on the world. my goal has been to find ways to have positive impact on the world. he charmed washington politicians by calling for greater regulation in the crypto industry and made donations to their campaigns. he also adopted the mantle of a responsible leader in an industry rife with misconduct. but it turns out the fortune, the business, the image were built on a lie. the great success story was, in fact, a great fraud. bankman—fried now faces decades in prison. during four weeks of testimony, prosecutors told jurors that the 31 —year—old bankman—fried apparent success belied a pyramid of deceit. they said he used stolen money to prop up the investment fund he founded and to purchase real estate and to fund his lavish lifestyle. three of bankman—fried close friends and business partners, including his ex—girlfriend, pleaded guilty to financial crimes and testified against him. what do you have to say to sam? bankman—fried pleaded not guilty to all charges and took the stand in his own defense to no avail. the government won this case by putting a lot of pressure on cooperators, getting deals with them very early on and trying this case in a very streamlined way, instead of overcomplicating the case, turning it into some complicated crypto case. they tried it as a garden variety fraud in a very streamlined manner, and i think that ultimately led to the conviction here. that's this extraordinary fall from grace may be more than just personal. sam bankman—fried's guilt could severely damage the reputation of the wider crypto sector worldwide. erin delmore, bbc news, new york. for more on that verdict and the stunning collapse of ftx, you can check out the articles on our website, bbc .com or download our app. in other news making headlines this morning... the boss of streaming service hbo has apologised for asking employees to set up fake social media accounts to hit back at tv critics. casey bloys�*s apology comes after a rolling stone report alleging the ceo had sent text messages discussing what he called a "secret army" to respond to negative reviews. some of the better—known shows created by hbo include succession, the last of us, the white lotus, and euphoria. us regulators have accused amazon's chiefjeff bezos of ordering employees to flood its search results with irrelevant ads to drive up advertising profits. that was revealed in a new version of a complaint filed by the us federal trade commission on thursday. the regulator and 17 other states had filed an anti—trust lawsuit against the company late septemeber, accusing it of using its monopoly to increase prices across the web. an amazon spokesperson is "grossly misleading and taken out of context." australia's prime minister anthony albanese will travel to china this weekend, where he will meet president xijinping and other chinese officials. the visit appears to signal an easing in the strained relationship between australia and its largest trading partner. our asia business correspondent nick marsh sent this report. # just the two of us. # we can make it if we try. china and australia are two countries that need each other, but recently they've not been getting on. they've had bus stops over bali. quarrels over coal. they've had beef over beef. for a while it didn't seem good. but recently, things have begun to improve. it's a bit of a funny relationship, so let's take a look at what's going on. # the don't make no flowers rule. first, australia needs china before this latest rift. nearly half of australia's exports went to china. so when china started putting restrictions on australian goods, businesses and their workers took a $20 billion hit. true, you can sell things like barley, wine and coal to other countries. but why would you go to all of that effort when the chinese market is right there to do? and a second, china needs australia. that's because china builds a lot. you want to build a new airport? well, australia is the global leader in iron ore production. you want to build batteries for evs? australia's got half of the world's lithium supply. these kinds of crucial commodities were never on china's tariff lists. and australia knows why beijing might be the economic superpower in this relationship. but canberra does hold some of the cards. # i hear the crystal raindrops fall. and lastly, the united states is actually going to be crucial to all of this because make no mistake, when push comes to shove, australia is really on the american side of the superpower struggle. don't forget it was the first country in the world to ban huawei's sg. just to give you one example. now the us is pretty demanding on its allies and naturally this is going to put a strain on the relationship between australia and china. this recent normalisation of ties between the two countries does show that they want to keep things purely business. but with all these external pressures, the question is whether they're going to be able to keep it. just the two of them. tech giant apple has reported mixed results for the quarter ending september. sales did beat wall street's expectations, but they're still down from the same period last year. but there are some brightspots in iphone apple faces increasing opposition in china one of its biggest markets. maker's other businesses, as our north america business correspondent michelle fleury reports. apple sales dropped the worlds most available company reported revenue of eight and a half million dollars to three months to the end of september, down i% to the end of september, down i% from a year ago. this is the fourth consecutive quarter of year—over—year decline. there was a drop in sales in hardware products, especially computers and ipods, and the market in china remain shaky, revenue stone 2.5% from a year ago. apple faces renewed competition from chinese foreign maker. their sales are slightly better on iphones, slightly better than wall street was affected. it services business, such as apple pay. it services business, such as apple pay, apple tv, and apple news, revenue passed 22 billions for a first time, an impressive figure but still less than half than what the company make from selling smartphones, which is why investors are carefully watching what the company says about that. indians love to travel and a new study is proving just that. new findings show that the country has made a quicker recovery after covid compared to most asian nations when it comes to those travelling abroad. the bbc�*s arunoday mukharji has the details. outbound travel touched 61% of the pre—pandemic travel market, with india registering 13 million trips abroad last year. and this figure could actually touch 80—90 million trips abroad by 2040. this is according to a mckinsey and company study. what's interesting is that most indian travellers, 70% of them, still want to go nearby. so basically flights which are less than four hours are preferred. so distance is a factor. and also countries where there is an indian diaspora is also another important factor. that's why countries in the middle east are very popular, followed by south asia. for those wanting to travel further, the us and europe of course remain the usual favorites. and in terms of new places of interest, australia, indonesia and turkey seem to be a newer trend for indians. the findings also say that indians are making their decisions on where to go based on a few critical factors. one, connectivity. how easy is it to get there? affordability, popularity, and also most importantly, how easy is it actually to get a visa to go to that destination? before we go... taylor swift and beyonce are the gifts that keep on giving — espeically to companies! ticketmaster's parent company live nation entertainment has reported its strongest results everfollowing massive sell—outs at taylor swift and beyonce concerts. revenue for the company in thejuly to september quarterjumped more than 30% from a year ago — a majority of that coming from ticket and merchandising sales for their live concert events. and that boost will likely extend to next year. and that's it for this edition of asia business report. thanks for watching. bbc news bringing you different stories from around the world. clocking up the kilometres is 37—year—old mum is about to take on her latest ultra running challenge. i try and find as many hills as i can, and ijust, yeah find the most beautiful places in core more to run. places in cornwall to run. julia is from a family of runners but it's only when she started fundraising for a hospice that cared for her grandad that she really got the bug. i trained to run my first marathon and i loved it and i like running a lot. it was about five years ago that i entered my first ultra and from there, it's just grown and grown and, yes, i love see what new things i can push myself into. believe it or not 80 to 100 kilometres is her ideal distance. apparently, you can still run quite fast. she is representing great britain in the world championships in austria in summer. 6,500 metres of climbing in some amazingly beautiful mountains, it was so, so hard. i think the hardest race i've ever done. but it was the best feeling to finish because not only was i in the great britain vest but my son was at the finish my mum and dad came and sister was as well. it wasjust magic. hey i'm steven with the catchup. tonight, glastonbury ticket delays, mental health and football and the christmas countdown. we're starting with storm ciaran. strong winds have been doing lots of damage in parts of the uk. thousands of people in southern england have lost power, and some flights have been cancelled. on the channel islands, schools have been closed, roofs ripped off homes, and there's been hailstones bigger than golf balls. this is the pretty scary moment. a bedroom window was blown in onjersey while a woman and her baby were sleeping. lots of problems in parts of wales, too. this caravan park has been evacuated after warnings that heavy floods could pose a risk to life. there are still warnings in place across the uk. you can follow all the latest on the bbc news website and app. some other stories now. and if you fancy going to glastonbury next year, you're going to have to wait a bit longer to get your tickets. the sale has been pushed back by two weeks as some people with old pro files say theirs have been deleted without being told. and england stars beth mead and ben chilwell are leading a new campaign to tackle mental health issues in football. mead says she had some very dark moments after losing her mum to cancer. create the space is hoping to help players at all levels on and off the pitch. and time to leave you with 10 seconds of christmas. yes, we know it's only the start of november, but the lights have been switched on on oxford street in london. look how good they look. what do you reckon? a bit too early. i'm kind of ready for it, i wont lie. you're all caught up now. have a good one. hello and welcome to sportsday with me, olly foster. mumbai magic. india are the first team through to the cricket world cup semi finals... there's a four day party in south africa as the springboks take the webb ellis cup around the country and ajax are finally on the up, with their first league win since the start of the season welcome to sportsday on bbc news. india have made it seven wins out of seven at the cricket world cup to become the first side through to the semi—finals. it was no ordinary win for the hosts, they blew sri lanka away in mumbai, winning by a colossal 302 runs. joe wilson was watching. 0k. nobody in mumbai expected india to lose, but this victory was a statement. india's batting was propelled by virat kohli, inevitably, especially in a partnership with shubman gill,

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