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Transcripts For BBCNEWS Asia 20240703

Divest its part in its company or it will be banned. So what were looking at now, this is the breakdown. We have the owners, bytedance with a 20 stake in the company. 60 is owned by Institutional Investors including Us Investment firms such as susquehanna and Sequoia Capital and 20 is owned by employees around the world. However, chinas, Secretary Has said they will oppose the sale of bytedance and seek to block a transfer of its technology. We heard from bytedance, from tiktok, rather, who said the media app ban would trample freedom of speech. Media app ban would trample freedom of speech. Thank you for getting freedom of speech. Thank you for getting us freedom of speech. Thank you for getting us across freedom of speech. Thank you for getting us across that, for getting us across that, monica. We will be watching developments in the middle east very closely after last fridays strike on a raft iran. Us officials have claimed israel was behind the Missile Attack on military targets i

Transcripts For BBCNEWS Asia 20240703

Information. At this bill means is that they will have come if it passes, they will have up to a year to sell its shares or it will be banned in the us. find will be banned in the us. And e es will be banned in the us. And eyes tiktok will be banned in the us. And eyes tiktok responded . As. Will be banned in the us. And | eyes tiktok responded . As his conversation eyes tiktok responded . As his conversation has eyes tiktok responded . As his conversation has been eyes tiktok responded . As his| conversation has been bubbling along, they say it will stifle free speech for its users and it also heard of users who use the platform to promote their products. The company argues that tiktok creates 24 billion of the us economy and also, chinas Commerce Secretary is spoken out saying that they will not sell their shares and they will not be handing over they will not be handing over the Technology Behind it. Weve been watching the developments in the middle east very closely, after last fr

Transcripts for BBCNEWS Asia Business Report 20240604 01:34:00

Weapons. Therefore in the longer run we will see the sort of conflagration which will cause meltdowns and the economic problems that go with that. But for the moment it is clear that israel has allowed iran room to back down but saying very clearly iran if you strike our territory, there is no more Proxy Veil of deniable responsibility. We rip that veil apart. You strike us and we will strike you directly on your territory in iran. What is the us s role in this conflict given it is an Election Year . I conflict given it is an Election Year . Conflict given it is an Election Ear . ~ , Election Year . I think the us are satisfied Election Year . I think the us are satisfied with Election Year . I think the us are satisfied with that. Election year . I think the us are satisfied with that. The | Election Year . I think the us i are satisfied with that. The us role will remain defensive for israel but it will not take part in offensive actions like what happened over the weekend. That wil

Transcripts for BBCNEWS Asia Business Report 20240604 23:30:00

this goes to the senate which will take this bill up in the next couple of days and president biden in the past has said of this bill lands on his desk, you will sign it. washington lawmakers are divided by many things but on this particular issue, republicans and democrats have given a bipartisan support at the heart of this issue is their concern over tick tock s chinese owner but is worried thanis chinese owner but is worried than is the national security concerns because they re worried that the data from us users will wind up in the hands of the chinese government. they re also concerned that the chinese government is using it as a platform to promote their propaganda and to many of the users who were young and uses a primary source of their

Transcripts for BBCNEWS Asia Business Report 20240604 23:35:00

actions. they remain the policy and givejoe biden enough room to say, i m supporting israel but i m not involved in the offensive actions and i m critical of the human rights issues involved in the warfare against hamas. issues involved in the warfare against hamas. your remarks on what they ll against hamas. your remarks on what they ll be against hamas. your remarks on what they ll be doing against hamas. your remarks on what they ll be doing with - what they ll be doing with interest rates and mature outlook on that?- interest rates and mature outlook on that? you still get cuts in interest outlook on that? you still get cuts in interest rates - outlook on that? you still get cuts in interest rates but - cuts in interest rates but there ll be two or three but they will be delayed because they will be delayed because they need further convincing and the last mile and it has been i i and the last mile and it has been 1 1 and they do not have that yet. it will be slower, possi

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