we start with the social media app tiktok because its ceo has vowed to keep on fighting after the us house of representatives passed a bill that could see the app banned in america. shou zi chew released a video on tiktok threatening legal action and warning that if the bill becomes law it will mean the end of tiktok for its 170 million users in the us. we'll hearfrom him injust a moment, but first, here's our us business correspondent erin delmore who has been following developments on capitol hill. the houseboat sets the stage for what could become an ultimatum to tiktok chinese owned company bytedance. selby avenue or it will be banned. there is a way to go between here and there. it needs to go through this and it faces an uncertain future. the senate majority leader has been noncommittal about whether he will bring it up for a vote. some studies are only about to vote against it. if it does move through the senate, president biden that he will sign it. components of the bill argue tiktok is a national security threat. and the app 170 million us users are vulnerable to data theft by the chinese government. the priority is national security and chinese axis to millions of americans mines. it is with the primary issue is. i americans mines. it is with the primary issue is.— primary issue is. i betrayed us when you _ primary issue is. i betrayed us when you deal— primary issue is. i betrayed us when you deal with _ primary issue is. i betrayed us when you deal with an - primary issue is. i betrayed us when you deal with an issue . when you deal with an issue like that? yes, there are trade—offs. like that? yes, there are trade-offs-_ like that? yes, there are trade-offs. , , trade-offs. president trump used to back _ trade-offs. president trump used to back this _ trade-offs. president trump used to back this idea - trade-offs. president trump used to back this idea but i trade-offs. president trump | used to back this idea but has changed his tune. while this is imposes privacy concerns, banning the app would be a boom for facebook which he calls an enemy of the people. with that, national security can use speech and euthanasia becomes a campaign issue. protesters took to capitol hill on wednesday in support of tiktok. do to capitol hill on wednesday in support of tiktok.— support of tiktok. do you have any concerns — support of tiktok. do you have any concerns about _ support of tiktok. do you have any concerns about china - any concerns about china tapping into people �*s phones, the security risks from china? absolutely not. had concerns about — absolutely not. had concerns about china would be the said concerns _ about china would be the said concerns right here in america. the issues _ concerns right here in america. the issues remain, if i didn't sign the bill into law, it will be suddenly challenged in the court. i thought they would need the chinese government and they said no. even if equipped ad, the question of who would buy it. all of the major us tech companies are in the midst of anti—trust laws with walkways likely once, they give the nation are purchasing a platform with 170 million users are unlikely. individuals, companies or groups could take it up but passed deals have fallen apart. if the bill becomes law and tiktok is not sold in around six months, it will be blocked from us app stores and internet service providers. let's hear more from the boss. well, as you've been hearing tiktok chief executive shou zi chew has vowed to keep fighting to save the platform in the us. here's some of what he posted a few hours ago let's go to santa monica california and speak to jasmine enberg, principal analyst for social media at the consultants emarketer. good to have you on the programme. what do you think is tiktok a threat to national security? it tiktok a threat to national security?— tiktok a threat to national securi ? , , ., i. security? it depends who you ask. security? it depends who you ask- right — security? it depends who you ask. right now— security? it depends who you ask. right now what - security? it depends who you ask. right now what i - security? it depends who you ask. right now what i can - security? it depends who you j ask. right now what i can say is we are closer than ever to a tiktok band and we have ever in the us. there are several reasons for this. one is the momentum for holding the platforms accountable for real—world harm, especially against young people which are heavy users of tiktok, at an all—time high. we are also in an election year that adds a sense of urgency to all of this and urgency is something we saw in the house with how swiftly it passed the bill. i do think the bill will face more hurdles in the senate. even though we are closer than we have ever been to a tiktok band, he was still a lot of ifs and things that need to happen before this could become reality. it that need to happen before this could become reality.— could become reality. if we look at investors _ could become reality. if we look at investors in - could become reality. if we look at investors in tiktok, j look at investors in tiktok, they are powerful organisations. some are u.s.—based. they will not be happy about this, the value of their investment massively reducing if it is banned in the states. ., , ., ., ., states. there would be a lot of beneficiaries _ states. there would be a lot of beneficiaries also _ states. there would be a lot of beneficiaries also of _ states. there would be a lot of beneficiaries also of a - states. there would be a lot of beneficiaries also of a tiktok l beneficiaries also of a tiktok band, there is a long list of companies that would potentially benefit, matter being one of them. 0rdering preliminary analysis and if the ad dollars spent on tiktok were reallocated, metal would get a fair share. to be fair, reallocated, metal would get a fairshare. to be fair, we reallocated, metal would get a fair share. to be fair, we are predicting tiktok would break in about $9 billion in us ad revenue this year. any growth that matter would see would be incremental. there are other companies that would benefit from this as well, whether it is snapchat or ctp players or retail media players, all of which are in competition with tiktok right now. 0bviously tiktok right now. obviously the company has been told to sell so they can still operate in the united states to an american company or whatever. how likely is that, given they have given them a six—month window to do so? it is not likely bytedance will agree to a self inhibited, will it will be hard to buy a buyer. there are a lot of companies interested in getting their hands on tiktok particularly the big take players that have deep pockets but many of those companies, google, amazon, microsoft, wool bay �*s big anti—trust issues. mall players that might want some of those tiktok magic, thinking about snapchat, really cannot afford it. also the potential of a private buyer but that has not necessarily gone so well for twitter. i do think walmart could be a good fit or tiktok. however, considering how the walmart 0racle deal fell through, walmart 0racle dealfell through, in 2020, i do not see how feasible that could be. briefly, to what extent will this become an election issue? it will take time because it has to get through the house, the senate and beyond that the legal challenges. we heard what donald trump thinks about this, 170 million users in the us, thatis 170 million users in the us, that is a lot of votes. it is an election issue. it will depend on who the president of the white house is. tiktok uses are not going to be happy about are not going to be happy about a ban. they love the app, spent an enormous amount of time on app. close to 5 million minutes within 2024 based on our estimates. what has been interesting as one of tiktok �*s biggest lines of defence against this bill has been mobilising users and creators who already come out in full force. that has backfired to some extent which is actually something unpredicted in march of 2023 when we were also talking about a tiktok band because in some ways it emboldens components of this bill and confirms their arguments that tiktok has a massive influence on the american public. really interesting. we will keep a close eye. thank you for your thoughts. to the uk now where foreign governments will be banned from owning uk newspapers and news magazines under a new law to be debated next week. the uk government has added an amendment to the law, following criticism of a takeover bid for the daily telegraph and spectator by a united arab emirates—backed investment firm, redbird imi. a spokesperson for the uae—funded group said they were "extremely disappointed by today's development". let's bring in chris beauchamp chief market analyst at the online trading platform id. hello. this is quite interesting. uk government is arguing they make this amendment and the changes they will debate next week because they are protecting press freedom in the uk. it they are protecting press freedom in the uk. it does mark a chance freedom in the uk. it does mark a change from — freedom in the uk. it does mark a change from the _ freedom in the uk. it does mark a change from the uk _ freedom in the uk. it does mark a change from the uk which - freedom in the uk. it does mark a change from the uk which has| a change from the uk which has been seen as one of the most generous jurisdictions to allow foreign ownership. the key thing as is or state ownership. and the government have large stake in the fund and clearly is go right into the heart of government was the question of whether you should allow this because it will set a precedent. might not be a major issue now with current investors but in the future, raises the possibility of others having a stake in british newspapers. the thinking _ british newspapers. the thinking is _ british newspapers. the thinking is this - british newspapers. the thinking is this is - british newspapers. the thinking is this is likely to passed through parliament and become law?— become law? certainly this is the case that _ become law? certainly this is the case that labour - become law? certainly this is the case that labour would i become law? certainly this is i the case that labour would drop the case that labour would drop the amendment to push the prime minister into action anyway. looks like he has been backed into a corner. this has come with discontent from the tory party. the telegraph been key organs of the tory party and a lot of never subscribe. it is gone to the heart of government as well. , , ., as well. interesting. it is an election _ as well. interesting. it is an election year _ as well. interesting. it is an election year and _ as well. interesting. it is an election year and is - as well. interesting. it is an election year and is that - as well. interesting. it is an i election year and is that time when the ruling government and opposition really want to get the right headlines in the press and the telegraph, you could argue, may be happy with his headlines.— his headlines. yes, exactly. it is the kind _ his headlines. yes, exactly. it is the kind of _ his headlines. yes, exactly. it is the kind of thing _ his headlines. yes, exactly. it is the kind of thing that - is the kind of thing that butters the credentials and that we are sitting full business and maintaining the landscape of british media and maintaining the free voice and thatis maintaining the free voice and that is the key thing they will stress when the stars to go through parliament. the telegraph _ through parliament. the telegraph needs - through parliament. the telegraph needs a - through parliament. the telegraph needs a new financial backer. if it is not bad but i am a investment group, who will it be? a lot of speculation into who is interested in to the telegraph.— into who is interested in to the telegraph. there is some competition _ the telegraph. there is some competition concerns - the telegraph. there is some competition concerns coming the telegraph. there is some i competition concerns coming in. it opens up a bigger discussion about the uk. interesting accountants at a time when newspapers, although still strong in the uk, you could argue it continues to climb, others have been taken over. people consume news in different ways. this is the issue that has the propensity to crumble on a lot further. absolutely. thank you. talk to you again soon. to asia now where electronics giant foxconn reports results in the next hour or so. you may not have heard of the taiwan—based firm — but the chances are you use one of its products. foxconn makes devices under contract for some planning of the world's biggest brands — including apple, microsoft and sony. it has already warned this year will be a tough one as the cost of living crisis and political upheaval affects consumer spending on gadgets. let's speak to ben yeh, an analyst at the tech research company canalys in the taiwanese capital taipei. good to see you again. fox, has warned times are tough, what are we to say when it reports its results?— its results? for the first quarter. _ its results? for the first quarter. i _ its results? for the first quarter, i think - its results? for the first quarter, i think apple . its results? for the first i quarter, i think apple new iphone launch has improved their earnings well. based on research, we see first quarter apple shipments as increased around 6% to 7% year over year. that certainly helps. 0verall, that certainly helps. overall, we see smart phone and pc are still in a challenging environment. their performance based on the announced results are still declining. we are in the midway point of recovery, pretty positive right now. apple �*s iphone sales fall by 24 sent in the first six weeks of the year. i 24 sent in the first six weeks of the year-— 24 sent in the first six weeks of the year. i really important market for — of the year. i really important market for foxconn _ of the year. i really important market for foxconn because i market for foxconn because apple, doesn't it account bombers half of its sales? —— for over. i bombers half of its sales? -- for over-— for over. i think apple is still able _ for over. i think apple is still able to _ for over. i think apple is still able to keep - for over. i think apple is still able to keep their. for over. i think apple is - still able to keep their stress around the globe. we are still looking at shipment stay stable this year. looking at shipment stay stable this ear. ., .., looking at shipment stay stable this ear. ., ., ., ., this year. foxconn a lot of it was in mainland _ this year. foxconn a lot of it was in mainland china - this year. foxconn a lot of it was in mainland china but. this year. foxconn a lot of it i was in mainland china but has now moved some to india because of the risk of growing restrictions on china's access to chip technology. do you see that happening more and more into the future? foxconn will move away from china? it is into the future? foxconn will move away from china? it is not 'ust their move away from china? it is not just their issue. _ move away from china? it is not just their issue. a _ move away from china? it is not just their issue. a lot _ move away from china? it is not just their issue. a lot of - just their issue. a lot of manufacturers are diversifying their manufacturing to different countries. foxconn, we see they are still moving more allocations to factories in india and vietnam. i think they are going to continue but i don't think it is going to be “p i don't think it is going to be up the great. i don't think it is going to be up the great-— let's get some of the day's other news 110w. shareholder activists are calling on nestle to reduce its reliance on unhealthy food products — containing high levels of salt, sugar and fats. they say they are worried about regulatory and legal risks to the global food giant, as well as its impact on public health. the resolution will be put to a vote at nestle's annual general meeting on april 18. more than 11,500 stores were closed down in the uk last year, according to a report by accountants pwc, driven by more business moving online and the high profile failures of the wilko, lloyds pharmacy and paperchase chains. that far outweighed the number of new units opened some 9100 which were dominated by coffee drive—throughs, bubble tea shops and fast food restaurants, mostly located outside city centres. the figures add up to a net loss of 5000 stores or 14 per day coming up: countdown for elon musk�*s giant starship as it prepares for its latest test flight. will it be third time lucky? around the world and across the uk. this is bbc news. life on the road. sleeping under the stars, waking up to birdsong. being a band well is simply down to the housing crisis. circumstances, cost of living, the rent in bristol is insane. i paid £70 a month to live a mess. ~ . . ., ., , mess. according to the city council. — mess. according to the city council, the _ mess. according to the city council, the number - mess. according to the city council, the number of - mess. according to the city i council, the number of people living in bands and caravans in the city has gone from 150 pre— pandemic to around 600 today. last year people on the road side removed on after the council detained junction following complaints. with the cost—of—living crisis showing little sign of easing, it is unlikely bristol �*s manuals will be hitting the road anytime soon. you're live with bbc news. to the global economy now because three months into the new year businesses are still facing a lot of uncertainty due to the ongoing conflict in the middle east and the prolonged war between russia and ukraine, not to mention dozens of elections around the world. but according to logistics giant dhl and a report they commissioned with nyu stern school of business, the flow of goods around the world is still increasing. my colleague steve lai has been speaking tojohn pearson — chief executive of dhl express. if we look at the trade between geopolitical trading blocs, it is essentially the same as all the other reports. a lot of nervousness in the us and china are decoupling. what i will say there is what people do not realise is the extent to which they were coupled over the last two decades. extraordinary levels of trade happening between china and the usa. 0ver between china and the usa. over the last eight or nine years, that has reduced by about 25%. some tariffs and discussions have happened but it is now at a level that is commenced with many other trading partners. for all the rhetoric and i will describe it as negative narrative about protectionism, nationalism, nearshore income fracturing, often say each and every day somewhere there is a trade deal being written. hour trade deal being written. how important _ trade deal being written. how important is _ trade deal being written. how important is china's _ trade deal being written. hm“ important is china's economic health minute comes to sparring on globalisation? i health minute comes to sparring on globalisation?— on globalisation? i think china continues to _ on globalisation? i think china continues to be _ on globalisation? i think china continues to be the _ on globalisation? i think china continues to be the great - on globalisation? i think china | continues to be the great force it is in terms of manufacturing and quality of that manufacturing. there is some diversification, complementary activity happening. as some have coined the phrase, the next china is definitely china. artificial intelligence disrupting all sorts of things. how is it checking things up at dhl? ~ ., ., how is it checking things up at dhl? . ., ., ., how is it checking things up at dhl? ~ ., ., ., ., dhl? we have to move at the riaht dhl? we have to move at the right place- — dhl? we have to move at the right place- we _ dhl? we have to move at the right place. we can _ dhl? we have to move at the right place. we can over - dhl? we have to move at the| right place. we can over invest in some elements of technology, this technology and not necessarily get the return. we have to be very focused on what is the benefit for our customer, the benefit for our employee and what is the benefit of operation efficiency. those are the very same questions we asked ourselves when we embarked upon this digitalisation journey. talking about connectedness and globalisation, what are you most optimistic about for the year ahead? that most optimistic about for the year ahead?— most optimistic about for the year ahead? at this time, the re ort year ahead? at this time, the report makes _ year ahead? at this time, the report makes something - year ahead? at this time, the report makes something very| report makes something very clear. we are here to publish the report, extremely positive and the sentiment towards current and mid and long—term sentiment towards globalisation and all aspects of that, here and all aspects of that, here and now, we're also talking at and now, we're also talking at a time of the global economy and global trade is relatively weak. the two together point to me the fact that spring will come, things will be covered, people will start buying, selling, trading, repairing, shipping, sending samples and so on and so forth and get back to what they do. finally to the business of space, because in a few hours time the most powerful rocket ever built the starship belonging to elon musk�*s spacex will blast off on another test flight. the reusable starship is central to plans to take humans back to the moon and eventually to mars. but spacex will be hoping it's a case of third time lucky. on its first test last april the starship had to self—destruct when it span out of control. the second in november was more successful, it reached the edge of space but had to be destroyed when it stopped sending back data before it was able to complete an orbit and return to earth. let's cross to montreal and speak to kevin 0'connell, chief executive of space consultants space economy rising. good to have you on the programme. i be going to stay up programme. i be going to stay up and watch this happen? what are your thoughts? i up and watch this happen? what are your thoughts?— are your thoughts? i am indeed. this is one _ are your thoughts? i am indeed. this is one of _ are your thoughts? i am indeed. this is one of the _ are your thoughts? i am indeed. this is one of the most - this is one of the most potentially transformative developments in the space economy. we are going to keep an eye on it, space enthusiasts around the world will watch this one very carefully. do we think it will — this one very carefully. do we think it will be _ this one very carefully. do we think it will be third _ this one very carefully. do we think it will be third time - think it will be third time lucky this time? presumably each test, learn and develop and reform.— each test, learn and develop and reform. ,, , ., ., and reform. space expands a lot of time talking _ and reform. space expands a lot of time talking about _ and reform. space expands a lot of time talking about actual- of time talking about actual development and learning from failures and that is a characteristic across the space community. learning, understanding what went right, what went wrong and they give themselves up and trying once again. we are probably going to see improvements on rocket specifically and hopefully the third time will be the charm. how much do you think is this costing space x?— costing space x? hard to say. s-uacin costing space x? hard to say. spacing still— costing space x? hard to say. spacing still a _ costing space x? hard to say. spacing still a private - spacing still a private company. investing a tremendous amount into this capability but also huge expectations. we are looking at viewers of this programme will understand space is about economics and in addition to many other things and what the starship is promising is a reduction in costs of launch from what historically were as much as $100,000 per kilogram to what is now targeting about $200 per kilogram. if not even lower than that, if there is a large cadence of launch. there are huge expectations on this rocket and a lot of money being poured into it. not only by the government but by space x proper. government but by space x ro er. , ., , government but by space x ro er. , . , ., proper. the years we have talkin: proper. the years we have talking space _ proper. the years we have talking space tourism - proper. the years we have talking space tourism and | proper. the years we have - talking space tourism and some have even signed up to go. when do you think that might be reality? do you think that might be reali ? ,, . ., , do you think that might be reali ? ., , , reality? space tourism is reality? space tourism is reality right _ reality? space tourism is reality right now. - reality? space tourism is i reality right now. relatively small numbers. the real promise is we look at the research community, the demand for projects from the imagination of scientists and entrepreneurs and others. the demand is off the chart. i think the early markets are really about conducting research in the microgravity department and learning as we prepared to go back to the moon permanently and sustainably under the artifice accords. 36 signatories that want to do that. using the moon as a launchpad to get tomorrow's. and continuing to develop incredible capabilities in corporate that improve our lives on earth. a huge amount of expectation on this particular rocket because it will increase accessibility and lower the cost of going to space. the business of space. if you could go to maurice, would you? —— mars. i if you could go to maurice, would you? -- mars. i have talked about _ would you? -- mars. i have talked about the _ would you? -- mars. i have talked about the difficulty l would you? -- mars. i havel talked about the difficulty on the human body of going but i am delighted to help everybody else that wants to go there. i else that wants to go there. i am with the 100%. having to enable what i want to keep my feet on planet earth. thank you for your time, feet on planet earth. thank you foryourtime, good feet on planet earth. thank you for your time, good to talk to you. really interesting and so much to walk —— watch out for. the starship launch, will they see success this time? thank you so much for your company. plenty more on our website. have a lovely date and i will see you very soon. hello there. the rain has been pouring down on wednesday in snowdonia, in wales — there was about a third of a month's worth of rain injust 12 hours. things are not looking quite so dramatic over the next few days. there will be some further wet weather, rain or showers, and for many parts of the country, it's going to be mild — particularly across england and wales, where we've seen the milder air coming from a long way south. things are a little bit chillier to the north, in northern scotland. in between, we've got the weather front — that's been bringing the rain, but that's moving northwards, taking wet weather into scotland and northern ireland. there's the wet weather that we've got in northern ireland and southern scotland — that moves its way northwards. for england and wales, there may be a bit more sunshine arriving in a southerly breeze before those showers push across from the west. but we're introducing some slightly drier air from france, hence the cloud breaking up more than it did on wednesday. and so, temperatures could reach 16, even 17 celsius. quite chilly underneath that rain, though, in the central belt of scotland. and that wet weather is still around as we head into thursday evening. that low pressure will slowly pull away — we've got another one waiting in the wings here, as we head towards the weekend. but this is how friday looks, and we've got wet weather in scotland sinking into northern england. a bit of snow over the mountains. we see some heavier showers developing further south, particularly in the south—east of england, with the risk of thunder. drier, though, for northern ireland becoming drier in scotland, but we're getting a northerly wind here — hence the temperatures will be dropping a bit through the day. won't be quite as warm in the south—east, but still temperatures of 13—14 celsius. as that area of low pressure moves away, things will calm down just for a while before the next weather system pushes in from the atlantic. but ahead of that, we'll have clear skies and light winds, so it's going to be cold. and there may be a frost around as well, particularly in scotland, with temperatures down as low as —3 or so. and there may be 1—2 mist and fog patches, too — but those will lift. we'll have some sunshine for a while, but we've got the weather system coming in from the atlantic — the cloud will tend to increase, rain for northern ireland coming into south west scotland, wales, and the south—west of england. eastern areas still generally dry, but after that cold start, it'll only be around seven celsius in north east scotland. most of the rain over the weekend will actually be on saturday night. and then, as we head into the early part of next week, it looks like it could be a bit drier, and it should stay on the mild side. good morning, welcome to breakfast with naga munchetty and charlie stayt. 0ur headlines today. a new government definition of extremism will be used to cut ties or funding to certain organisations. diane abbott accuses both the conservatives and labour of failing to tackle racism in politics after alleged racist comments were made about her by a tory donor. lost chances, the children of sub—postmasters caught up in the post office scandal tell how their lives have been impacted by the miscarriage ofjustice. they're a garden pest we want to get rid of but now wildlife charities are urging gardeners to make friends with slugs and snails. in sport, the undisputed king of cheltenham willie mullins celebrates his 100th winner at the festival, and it's a family affair, as his son patrick wins the race that brings up this history making milestone. good morning. we have rain across the northern half of the