Transcripts For BBCNEWS Asia 20240704 : comparemela.com

Transcripts For BBCNEWS Asia 20240704



the most successful companies. last year sales ofjust iphone made it more than £150 billion in revenues. that much profit, as well as so many customers, tends to attract the attention of government officials. and now the us department ofjustice, along with 16 different states, has filed a lawsuit against apple. apple as much as $1,600 for an iphone as our complaint alleges, apple has maintained a monopoly power in the smartphone market not simply by staying ahead of the competition on the merits, but by violating federal antitrust law. it accuses the company of accessing rival hardware and software features on the iphone. that's gaining an unfair dominance of the market. apple denies the accusations, saying in a statement... leaving apple in the us government headed for a lengthy argument in court over whether the tech giant is protecting its customers or making it difficult for them to leave. even very popular companies that make stuff that we care about have to compete for that loyalty that we have, and that apple isn't doing that. and i think this is the last in four major lawsuits that we're seeing against american tech companies and it is a deliberate attempt to kind of reinvigorate antitrust law enforcement in america. apple argues this case will hurt its ability to create the kind of technology people have come to expect from it. a court will now decide. michelle fleury, bbc news, new york. some say that the department ofjustice will find it difficult to make it hard to find a case. the d0] is treading over the same guest that they did in the past. there's nothing new in this lawsuit. can the doj prove it? it's hard to prove when apple doesn't own more than 55% to 65% of the market. one would argue that it is much closer to 50%. how are they in an anti—trust position when there are so many more android smartphones than in the past. what i think that we're really seeing is that the department ofjustice is saying — we've been hard on international companies. we've had the recent legislation against tiktok and that sale request and now we're going to show that we can also be hard on all of the us companies that we also think have unfair advantages, as they consider them. that's interesting because the us government has been going after huawei, apple's rival in the smartphone market. but my question is, how would you enniate monopolising as opposed to being a successful company? i think they have to prove that there's been active blocking at every point that they made in terms of the imessage, the apple wallet and apple can point to alternatives with all of those. and the real thing is whether the alternatives are fully optimised to work in that. this is similar in the android environment. things with optimised to work with android and not with ios devices. so i don't think that they can prove that the optimising of it my users is anti—trust. what they're going on is blocking. so trying to prove things like imessage has degraded features. and now apple is saying well, we have things like rcs universal profile which makes it better for cross platform profiling. so really, the do] is going to have to step up what they say is anti—trust, because it is not a case where you can say — hey, 95% of the smartphones are apple smartphones. tim cook has opened his newest store in shanghai, country. it is the company's 57th and also the company's 57th that's out in new york city. the opening comes as the tech giant battles falling iphone sales in the country and rising competition from domestic rivals such as huawei. in other news: reddit has ended its first day of trading in new york up almost 50%. investors have been drawn to backing the social media platform, despite it having never turned an annual profit since launching in 2005. reddit said it plans to diversify its revenue streams and invest in artificial intelligence. we got some fresh inflation data from japan this morning showing that consumer prices jumped by 2.8% in february from a year earlier. this was up from 2% injanuary, and past the central bank's target rate. earlier this week, the bank ofjapan abandoned its negative interest rates policy and raised borrowing costs for the first time in 17 years. stefan angrick, a senior economist at moody's analytics, gave us a sense of the road ahead for the japanese economy. japan didn't get inflation because of strongest domestic demand, stronger domestic wage growth. it got better inflation because energy and food prices pick up, and the hope is now that that will stick. that that will shake japan out of this longer term stagnation and leave it with enough escape velocity, to escape inflation domestically. we're seeing signs of that starting to happen with the wage negotiations. but we do not yet have a guarantee that this will actually translate into better economy—wide wage gains and better economy—wide consumption, which is really what the boj needs to tighten interest rates to raise interest rates further. you mentioned wages there. of course, salaries injapan have been somewhat flat for almost three decades now. we are, as you said, starting to see big companies raising salaries. but what about smaller companies? the tentative shorter results, the spring range negotiation results that we got last week — they weigh large companies a little bit more. so as time goes on, that number will go down because small and medium sized firms are going to release their results and they're typically not able to quite keep up with the pay gains that large firms are giving their employees. but we need them to keep up with the very good pay gains in companies, because only then will with we have certainty that it is will stick. so this is the prerequisite that the boj needs to see in order to tighten it further. we need to bring smes along. they account for about two thirds of output and two thirds of employment. and so they need to come to the party. india is one of the fastest growing major economies in the world. it's minting new millionaires every month. but with growing prosperity — asia's third largest economy is also battling historic levels of inequality, according to a new report. nikhil inamdar has the details from mumbai. the new study says that it is at a 100—year high and the share of india's stock i% at 40.1% is share of india's stock i% at a0.i% is also at its highest historical levels, beating even developed economies such as the us. the paper was published by noted economists like the french nobel laureate. it pointed towards the income tax system, which may be regressive when viewed from the lens of net wealth, they say. so what can be done? the authors have proposed a supertax of 2% on the net wealth of the wealthiest 167 families in india to fight this inequality. it could yield up to 0.5% of national income and revenue, which they say can be used for public investments in health, education and nutrition. the distribution of economic growth in india has significant implications for global inequality dynamics according to the lab, given india's massive size and population. let's take a quick look at the markets before we go. the nikkei is up. they are taking their cue from wall street where we saw the record level close for two days in a row after the federal reserve, america's central bank, has reassured investors that rate cuts are coming. of course, reddit shares doing really well but nike down after disappointing earningses. that is it for this edition of the programme. thank you so much for watching and have a lovely weekend. here is the catch up. tonight, dodgy fillers in scotland. another rent rise. and snow leopards at chester zoo. our top story. fillers gone wrong. expers are warning that scotland is now the worst country in europe for unqualified beautitions, injecting customers with cosmetic treatments. summer has more on this. health care professionals say that people are coming to harm because there are no laws to stop anyone from advertising on social media, offering treatments like fillers. in scotland, there is no ban on under—18s getting these treatments. in 2021, it became illegal in england to get botox orfillers under 18. so, people from outside of scotland travelled there to get the cosmetic fillers done under 18 approximate no questions asked. with no questions asked. the scottish government says they're looking at the rules but there's no set date for a change. next, to rent prices where the average cost of rent in uk has increased by 9% over the past year. this is the highest annual increase since records began in 2015. and this increase is in all parts of the uk. london renters saw the rent increase taking the average rent price to £2,000 a month. time now to leave you with ten seconds of chester zoo welcoming their first ever snow leopards. they said that they hope that they would have cubs together in the future. i mean, that has to happen! just imagine how adorable the babies would be! and you're all caught up now. see you later. hello and welcome to sportsday — i'm gavin ramjaun. wales get the job done against finland, but there's one more hurdle before they can seal their spot at this summer's euros. we speak to jannick sinner on how being a grand slam champion changes his approach. and lightning louis impresses at the nfl trials will his gamble to leave welsh rugby pay off? hello there, and welcome along to the programme. we're under way as a busy period of international football commences — including vital european championship playoff semi—finals. wales are nowjust one more win away from sealing their spot in germany. they beat finland comprehensively in cardiff — an early david brooks goal settled the nerves. they were two up thanks to neco williams. finland's teemu pukki pulled one back for the visitors. but wales, with the home crowd behind them, were out of sight in the second half. brennanjohnson and then a late danieljames goal, giving them a a—1win. they'll now play poland for a place at the euros on tuesday night. we wanted to start the game fast. come out of the traps and we certainly did with an early goal which settled us a little bit. understandably, good teams then to take control of the game and they came into it a little bit.

Related Keywords

Apple , Company , Department Ofjustice , Lawsuit , Us , Smartphone Market , Tech Giant , Landmark Lawsuit , Shares , Lower , Claims , Iphone , People , Michelle Fleury , Sort , New York , Bbc , Around The World , A Billion , Bit , It Didn T , Android , Parents , Anything Else , Anything , Of , Reason , Family , Rest , One , American Tech Companies , Customers , Sales , Revenues , Attention , States , Government Officials , Profit , 16 , 50 Billion , 150 Billion , Complaint , Monopoly Power , 1600 , 600 , Competition , Features , Merits , Rival Hardware , Software , Violating Federal Antitrust Law , Market , Accusations , Statement , Dominance , Court , Government , Argument , Stuff , Loyalty , Isn T , Case , Lawsuits , Last , Attempt , Technology , Kind , Ability , Antitrust Law Enforcement In America , Four , Say , Bbc News , Doj , Nothing , Doesn T , Guest , The D0 , 55 , Smartphones , Position , 50 , 65 , Companies , Wall , Sale , Tiktok , Legislation , Request , Huawei , Question , Advantages , Enniate Monopolising , Blocking , Wallet , Terms , Point , Imessage , Things , Alternatives , Devices , The Real Thing , Android Environment , Ios , Users , Optimising , Do , Rcs Universal Profile , Cross Platform Profiling , 95 , Tim Cook , Shanghai , Store , Opening , Tech Giant Battles Falling Iphone Sales , 57 , Reddit , Rivals , News , Trading , Investors , Revenue , Artificial Intelligence , Social Media Platform , Japan , Consumer Prices , Inflation Data , 2005 , Bank Ofjapan , Target Rate , Central Bank , Injanuary , 2 8 , 2 , Stefan Angrick , Economy , Borrowing Costs , Interest Rates Policy , Road , Sense , Japanese , Moody S Analytics , 17 , Inflation , Food Prices , Hope , Didn T , Wage Growth , Demand , Energy , Term , Wage Negotiations , Stagnation , Escape Velocity , Signs , Interest Rates , Guarantee , Wages , Consumption , Wage Gains , Boj , Salaries , Course , Results , Spring Range Negotiation Results , Three , Firms , Pay , Number , Certainty , Employees , Gains , Prerequisite , Order , Output , Smes , Two , Given India , Economies , Inequality , Employment , Party , World , Levels , Millionaires , Prosperity Asia , Study , Report , Details , Nikhil Inamdar , Mumbai , Share , Stock , I , 100 , 40 1 , Wealth , Economists , Paper , Income Tax System , Lens , Authors , French , Nobel Laureate , Income , Families , Supertax , 167 , 0 5 , Investments , Distribution , Health , Size , Growth , Education , Nutrition , Lab , Population , Implications , Global Inequality Dynamics , Cue , Markets , Level , Nikkei , Look , Record , Row , Wall Street , Programme , Edition , Reserve , Rate Cuts , Earningses , America , Nike , Weekend , Rent , Chester Zoo , Scotland , Snow Leopards , Rise , Dodgy Fillers , Fillers , Treatments , Warning , Country , Story , Europe , Unqualified Beautitions , Expers , Health Care Professionals , Laws , Ban , Advertising , Anyone , Social Media , Botox Orfillers , England , 18 , 2021 , No Questions , Questions , Outside , Increase , Scottish Government , Prices , Cost , Records , Set , Change , Rules , Uk , 2015 , 9 , Price , Renters , Parts , London , 000 , Ten , 2000 , Cubs , Babies , Wales , Spot , Euros , Job , Hurdle , Hello , Finland , Gavin Ramjaun , Sportsday , Jannick Sinner , Champion , Approach , Gamble , Rugby , Lightning , Trials , Grand Slam , Leave Welsh , Nfl , Way , Goal , Football , Playoff Semi Finals , Nerves , Win , Commences Including Vital European Championship , Germany , Cardiff , David Brooks , Out Of Sight , Thanks , Back , Visitors , Home , Half , Place , Neco Williams , Brennanjohnson , Teemu Pukki , Poland , 1 , Teams , Game , Control , Traps ,

© 2024 Vimarsana
Transcripts For BBCNEWS Asia 20240704 : Comparemela.com

Transcripts For BBCNEWS Asia 20240704

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the most successful companies. last year sales ofjust iphone made it more than £150 billion in revenues. that much profit, as well as so many customers, tends to attract the attention of government officials. and now the us department ofjustice, along with 16 different states, has filed a lawsuit against apple. apple as much as $1,600 for an iphone as our complaint alleges, apple has maintained a monopoly power in the smartphone market not simply by staying ahead of the competition on the merits, but by violating federal antitrust law. it accuses the company of accessing rival hardware and software features on the iphone. that's gaining an unfair dominance of the market. apple denies the accusations, saying in a statement... leaving apple in the us government headed for a lengthy argument in court over whether the tech giant is protecting its customers or making it difficult for them to leave. even very popular companies that make stuff that we care about have to compete for that loyalty that we have, and that apple isn't doing that. and i think this is the last in four major lawsuits that we're seeing against american tech companies and it is a deliberate attempt to kind of reinvigorate antitrust law enforcement in america. apple argues this case will hurt its ability to create the kind of technology people have come to expect from it. a court will now decide. michelle fleury, bbc news, new york. some say that the department ofjustice will find it difficult to make it hard to find a case. the d0] is treading over the same guest that they did in the past. there's nothing new in this lawsuit. can the doj prove it? it's hard to prove when apple doesn't own more than 55% to 65% of the market. one would argue that it is much closer to 50%. how are they in an anti—trust position when there are so many more android smartphones than in the past. what i think that we're really seeing is that the department ofjustice is saying — we've been hard on international companies. we've had the recent legislation against tiktok and that sale request and now we're going to show that we can also be hard on all of the us companies that we also think have unfair advantages, as they consider them. that's interesting because the us government has been going after huawei, apple's rival in the smartphone market. but my question is, how would you enniate monopolising as opposed to being a successful company? i think they have to prove that there's been active blocking at every point that they made in terms of the imessage, the apple wallet and apple can point to alternatives with all of those. and the real thing is whether the alternatives are fully optimised to work in that. this is similar in the android environment. things with optimised to work with android and not with ios devices. so i don't think that they can prove that the optimising of it my users is anti—trust. what they're going on is blocking. so trying to prove things like imessage has degraded features. and now apple is saying well, we have things like rcs universal profile which makes it better for cross platform profiling. so really, the do] is going to have to step up what they say is anti—trust, because it is not a case where you can say — hey, 95% of the smartphones are apple smartphones. tim cook has opened his newest store in shanghai, country. it is the company's 57th and also the company's 57th that's out in new york city. the opening comes as the tech giant battles falling iphone sales in the country and rising competition from domestic rivals such as huawei. in other news: reddit has ended its first day of trading in new york up almost 50%. investors have been drawn to backing the social media platform, despite it having never turned an annual profit since launching in 2005. reddit said it plans to diversify its revenue streams and invest in artificial intelligence. we got some fresh inflation data from japan this morning showing that consumer prices jumped by 2.8% in february from a year earlier. this was up from 2% injanuary, and past the central bank's target rate. earlier this week, the bank ofjapan abandoned its negative interest rates policy and raised borrowing costs for the first time in 17 years. stefan angrick, a senior economist at moody's analytics, gave us a sense of the road ahead for the japanese economy. japan didn't get inflation because of strongest domestic demand, stronger domestic wage growth. it got better inflation because energy and food prices pick up, and the hope is now that that will stick. that that will shake japan out of this longer term stagnation and leave it with enough escape velocity, to escape inflation domestically. we're seeing signs of that starting to happen with the wage negotiations. but we do not yet have a guarantee that this will actually translate into better economy—wide wage gains and better economy—wide consumption, which is really what the boj needs to tighten interest rates to raise interest rates further. you mentioned wages there. of course, salaries injapan have been somewhat flat for almost three decades now. we are, as you said, starting to see big companies raising salaries. but what about smaller companies? the tentative shorter results, the spring range negotiation results that we got last week — they weigh large companies a little bit more. so as time goes on, that number will go down because small and medium sized firms are going to release their results and they're typically not able to quite keep up with the pay gains that large firms are giving their employees. but we need them to keep up with the very good pay gains in companies, because only then will with we have certainty that it is will stick. so this is the prerequisite that the boj needs to see in order to tighten it further. we need to bring smes along. they account for about two thirds of output and two thirds of employment. and so they need to come to the party. india is one of the fastest growing major economies in the world. it's minting new millionaires every month. but with growing prosperity — asia's third largest economy is also battling historic levels of inequality, according to a new report. nikhil inamdar has the details from mumbai. the new study says that it is at a 100—year high and the share of india's stock i% at 40.1% is share of india's stock i% at a0.i% is also at its highest historical levels, beating even developed economies such as the us. the paper was published by noted economists like the french nobel laureate. it pointed towards the income tax system, which may be regressive when viewed from the lens of net wealth, they say. so what can be done? the authors have proposed a supertax of 2% on the net wealth of the wealthiest 167 families in india to fight this inequality. it could yield up to 0.5% of national income and revenue, which they say can be used for public investments in health, education and nutrition. the distribution of economic growth in india has significant implications for global inequality dynamics according to the lab, given india's massive size and population. let's take a quick look at the markets before we go. the nikkei is up. they are taking their cue from wall street where we saw the record level close for two days in a row after the federal reserve, america's central bank, has reassured investors that rate cuts are coming. of course, reddit shares doing really well but nike down after disappointing earningses. that is it for this edition of the programme. thank you so much for watching and have a lovely weekend. here is the catch up. tonight, dodgy fillers in scotland. another rent rise. and snow leopards at chester zoo. our top story. fillers gone wrong. expers are warning that scotland is now the worst country in europe for unqualified beautitions, injecting customers with cosmetic treatments. summer has more on this. health care professionals say that people are coming to harm because there are no laws to stop anyone from advertising on social media, offering treatments like fillers. in scotland, there is no ban on under—18s getting these treatments. in 2021, it became illegal in england to get botox orfillers under 18. so, people from outside of scotland travelled there to get the cosmetic fillers done under 18 approximate no questions asked. with no questions asked. the scottish government says they're looking at the rules but there's no set date for a change. next, to rent prices where the average cost of rent in uk has increased by 9% over the past year. this is the highest annual increase since records began in 2015. and this increase is in all parts of the uk. london renters saw the rent increase taking the average rent price to £2,000 a month. time now to leave you with ten seconds of chester zoo welcoming their first ever snow leopards. they said that they hope that they would have cubs together in the future. i mean, that has to happen! just imagine how adorable the babies would be! and you're all caught up now. see you later. hello and welcome to sportsday — i'm gavin ramjaun. wales get the job done against finland, but there's one more hurdle before they can seal their spot at this summer's euros. we speak to jannick sinner on how being a grand slam champion changes his approach. and lightning louis impresses at the nfl trials will his gamble to leave welsh rugby pay off? hello there, and welcome along to the programme. we're under way as a busy period of international football commences — including vital european championship playoff semi—finals. wales are nowjust one more win away from sealing their spot in germany. they beat finland comprehensively in cardiff — an early david brooks goal settled the nerves. they were two up thanks to neco williams. finland's teemu pukki pulled one back for the visitors. but wales, with the home crowd behind them, were out of sight in the second half. brennanjohnson and then a late danieljames goal, giving them a a—1win. they'll now play poland for a place at the euros on tuesday night. we wanted to start the game fast. come out of the traps and we certainly did with an early goal which settled us a little bit. understandably, good teams then to take control of the game and they came into it a little bit.

Related Keywords

Apple , Company , Department Ofjustice , Lawsuit , Us , Smartphone Market , Tech Giant , Landmark Lawsuit , Shares , Lower , Claims , Iphone , People , Michelle Fleury , Sort , New York , Bbc , Around The World , A Billion , Bit , It Didn T , Android , Parents , Anything Else , Anything , Of , Reason , Family , Rest , One , American Tech Companies , Customers , Sales , Revenues , Attention , States , Government Officials , Profit , 16 , 50 Billion , 150 Billion , Complaint , Monopoly Power , 1600 , 600 , Competition , Features , Merits , Rival Hardware , Software , Violating Federal Antitrust Law , Market , Accusations , Statement , Dominance , Court , Government , Argument , Stuff , Loyalty , Isn T , Case , Lawsuits , Last , Attempt , Technology , Kind , Ability , Antitrust Law Enforcement In America , Four , Say , Bbc News , Doj , Nothing , Doesn T , Guest , The D0 , 55 , Smartphones , Position , 50 , 65 , Companies , Wall , Sale , Tiktok , Legislation , Request , Huawei , Question , Advantages , Enniate Monopolising , Blocking , Wallet , Terms , Point , Imessage , Things , Alternatives , Devices , The Real Thing , Android Environment , Ios , Users , Optimising , Do , Rcs Universal Profile , Cross Platform Profiling , 95 , Tim Cook , Shanghai , Store , Opening , Tech Giant Battles Falling Iphone Sales , 57 , Reddit , Rivals , News , Trading , Investors , Revenue , Artificial Intelligence , Social Media Platform , Japan , Consumer Prices , Inflation Data , 2005 , Bank Ofjapan , Target Rate , Central Bank , Injanuary , 2 8 , 2 , Stefan Angrick , Economy , Borrowing Costs , Interest Rates Policy , Road , Sense , Japanese , Moody S Analytics , 17 , Inflation , Food Prices , Hope , Didn T , Wage Growth , Demand , Energy , Term , Wage Negotiations , Stagnation , Escape Velocity , Signs , Interest Rates , Guarantee , Wages , Consumption , Wage Gains , Boj , Salaries , Course , Results , Spring Range Negotiation Results , Three , Firms , Pay , Number , Certainty , Employees , Gains , Prerequisite , Order , Output , Smes , Two , Given India , Economies , Inequality , Employment , Party , World , Levels , Millionaires , Prosperity Asia , Study , Report , Details , Nikhil Inamdar , Mumbai , Share , Stock , I , 100 , 40 1 , Wealth , Economists , Paper , Income Tax System , Lens , Authors , French , Nobel Laureate , Income , Families , Supertax , 167 , 0 5 , Investments , Distribution , Health , Size , Growth , Education , Nutrition , Lab , Population , Implications , Global Inequality Dynamics , Cue , Markets , Level , Nikkei , Look , Record , Row , Wall Street , Programme , Edition , Reserve , Rate Cuts , Earningses , America , Nike , Weekend , Rent , Chester Zoo , Scotland , Snow Leopards , Rise , Dodgy Fillers , Fillers , Treatments , Warning , Country , Story , Europe , Unqualified Beautitions , Expers , Health Care Professionals , Laws , Ban , Advertising , Anyone , Social Media , Botox Orfillers , England , 18 , 2021 , No Questions , Questions , Outside , Increase , Scottish Government , Prices , Cost , Records , Set , Change , Rules , Uk , 2015 , 9 , Price , Renters , Parts , London , 000 , Ten , 2000 , Cubs , Babies , Wales , Spot , Euros , Job , Hurdle , Hello , Finland , Gavin Ramjaun , Sportsday , Jannick Sinner , Champion , Approach , Gamble , Rugby , Lightning , Trials , Grand Slam , Leave Welsh , Nfl , Way , Goal , Football , Playoff Semi Finals , Nerves , Win , Commences Including Vital European Championship , Germany , Cardiff , David Brooks , Out Of Sight , Thanks , Back , Visitors , Home , Half , Place , Neco Williams , Brennanjohnson , Teemu Pukki , Poland , 1 , Teams , Game , Control , Traps ,

© 2024 Vimarsana

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