The big Silicon Valley Tech Companies had a hugely successful 2020, prompting more questions about their overwhelming dominance in financial and business terms. From san francisco, James Clayton reports. There have been winners and losers from this pandemic, and some of the biggest winners are also some of the Richest Companies in the world, based around san francisco. Take here at apple, last week, the Company Posted record Quarterly Sales of more than £80 billion. At that rate, during this 2. 5 minute news report, apple will have done 1. 5 million worth of sales. Big tech has had an astonishingly profitable pandemic. We all turned to technology more during the pandemic. Its as simple as that. We were doing more things online than ever before, from gaming to shopping, to seeing our doctor, you know, theyre not charities. Laughter you know, they are making money out of, you know, what theyre enabling. But some believe that making so much money at a time of Economic Hardship shows that
Captain sir tom moore was a hero in the truest sense of the word. In the dark days of the Second World War fought for freedom and in the face of this countrys deepest post war crisis, he united us all. Well be paying tribute to sir tom who died in hospital after Testing Positive for coronavirus. Also tonight following concerns about delaying the second dose new analysis of the astrazeneca vaccine shows the first jab is effective for up to 12 weeks. Pupils in scotland are told theyll start heading back to the classroom from the end of this month. Jeff bezos, one of the worlds richest men, who created amazon, is to step down from the leading role as Chief Executive. And coming up in sport, on bbc news. A huge win for Sheffield United in the battle of the bottom two. Well bring you the latest from the premier league. Commentator absolutely priceless for Sheffield United good evening. Her majesty the queen and the Prime Minister borisjohnson have led the many tributes to captain sir tom mo
hello and welcome. new zealand s government has become the latest to ban tiktok on devices with access to its parliamentary network, due to security concerns. this is because of fears that the chinese owned app passes information about users to the chinese government, something the owners, bytedance, deny. earlier on thursday, the uk followed the united states, and the european commission, in banning the app from sensitive government devices. china says it s a politically motivated decision, not one based on facts. our news reporter, azadeh moshiri, joins us now. why governments are so worried? given by lbs is a chinese company that owns tiktok, governments are concerned that user could be violated and uses personal information can be passed on to the chinese government bytedance. but bytedance and tiktok deny this, saying there is nowhere the chinese government can get its hands on the data, but this is why governments are so concerned, it is because the extent of data t
hello there. we begin in the us where, in an extraordinary move to contain panic in the banking system, 11 of america s biggest financial institutions have agreed to a $30 billion bailout for first republic. shares in first republic plunged, as investors worry that it could be the next to fail. it follows the stunning collapse of two other specialist lenders, including silicon valley bank. samira hussain reports from new york. the collapse of two us banks have spooked investors who are now left wondering which bank could be the next to fail. that s been putting a ton of pressure on smaller regional banks. depositors at first republic have withdrawn billions of dollars and the regional banks share price has been cut in half. now the biggest of the american banks have stepped in, led by the likes ofjpmorgan and citigroup, 11 companies have agreed to make $30 billion of uninsured deposits in first republic. they have done this in the hope that it will be enough to shore up conf
After missing key targets. And spotify s chief tells the bbc why the Audio Streaming Giant will not ban content created by artificial intelligence. Before we move on, lets return to those live pictures from the last few minutes, because these are just from a few minutes ago, these the recorded pictures of President Biden arriving in michigan, he is heading to detroit, as i was saying in the headlines, tojoin a to detroit, as i was saying in the headlines, to join a striking to detroit, as i was saying in the headlines, Tojoin A Striking car workers, a really important moment, because this would be the first time a sitting us president joins a picket line. Let me take you to the live pictures because the president just arriving, you can see, Air Force One there on the tarmac, and it is going to be interesting over the next couple of days because we have the president doing this, we have the president doing this, we have donald trump heading to the same venue, to michigan as well, to add