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Transcripts For BBCNEWS Asia 20240705



but mark zuckerberg s took off. it s less popular than it used to be with young people, but it says it s still growing. it s the biggest in the world with 2 billion daily users, the most being in india and the us. facebook made the internet political. it was instrumental in movements and has become a key place for campaigning and debating elections around the world, for good and bad. in 2018 facebook agreed with the un report that it said it failed to prevent its platform from being used to incite offline violence. they made personal data global and less personal. they proved collecting our likes and dislikes is extremely lucrative. facebook s company meta takes the lion share of global digital ad money alongside google. but it also proven what can go wrong with all that data collection. facebook has been fined hundreds of millions of dollars, multiple times, for mishandling data. most famously in the cambridge analytical scandal. the kickstart of the dominance of meta. ....

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Transcripts For BBCNEWS Asia 20240705



by the federal chair. fed chair based on the meeting today, i would tell you that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen. mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at three rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david russell at trade station believes that this is the right call telling mejerome powell has no reason to show his hand at this point. the rate decision comes after fresh data showing us economic growth slowed down in the last quarter, but performed much better than forecasters expected. in other news, now to other stories making headli ....

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Transcripts For BBCNEWS Asia 20240705



if you look at the headline numbers. but actually when you look at the actual results and also what companies are telling, there are two factors that matter to us, monetisation and capital expense. they look at monetisation, for example, across the board, we are seeing cloud revenue and contribution is almost like 5% for some of the companies out there. so that gives us comfort. in terms of graphics, clearly companies are spending on it, but in terms of compute, this is one area where they have been quite bullish recently. long story short, despite the future suggesting, we think the bull case for and i we still think is intact. we think that any excess correction in as a buying opportunity. what is the implication buying opportunity. what is the implication of buying opportunity. what is the implication of these buying opportunity. what is the implication of these big - buying opportunity. what is the implication of these big tech i implication of these big tech ....

Windows Services , 61 Billion Dollars , 62 Billion Dollars , 61 Billion , 62 Billion , Advertising Revenue , Google S , 65 5 Billion , Artificial Intelligence , Results Presentations , The Cloud , 66 Billion Dollars , 66 Billion , Tech Companies , Sundeep Gantori A , Tech Equity , Big Tech Companies Pushing , Headline Numbers , Cloud Revenue , Capital Expense , Long Story Short , Buying Opportunity , Bull Case , Excess Correction , Tech I Implication , Big Buying Opportunity ,

Transcripts For BBCNEWS Asia 20240705



getting these comments by the federal chair. federal chair. based on the meetin: federal chair. based on the meeting today, federal chair. based on the meeting today, i federal chair. based on the meeting today, i would - federal chair. based on thei meeting today, i would tell federal chair. based on the - meeting today, i would tell you that i don t think it s likely that i don t think it s likely that the committee will reach a level of confidence by the time of the march meeting to identify march as the time to do that. but that is to be seen stop at mr powell s words disappointed us on wall street who believed that the first cut would potentially happen in march. this is after policymakers back in december hinted at rate cuts in 202a. however, mr powell said officials wanted greater confidence that inflation was falling back to its 2% goal first. with prices coming down but still high and with the economy doing well, david ross let believes that this is the ri ....

Cutting Rates , Central Bank , Fed Chairjerome Powell , Powell S , Borrowing Costs , Rate Cut , Wall Street , Nasdaq Down , Michelle Fleury , Interest Rates , Federal Reserve , North America , New York , Weary Americans , March Of 2022 , Chair Federal , Rate Cuts , David Ross , Jerome Powell , Rate Decision , Ht Cal , Jerome Powell Has , Plane Maker , Dave Calhoun , Mid Air , Serious Challenge ,

Transcripts For BBCNEWS Asia 20240705



on the technology. so, is all that investment starting to pay off? i spoke to ubs tech equity strategist sundeep gantori a little earlier. if you look at the headline numbers, it suggests that results are mixed. but actually when you look at the actual results and also what companies are telling, there are two factors that matter to us, a, monetisation and b, capital expense. they look at monetisation, for example, across the board, we are seeing revenue and contribution is almost like 5% for some of the companies out there. so that gives us comfort. in terms of graphics, clearly companies are spending on it, but in terms of compute, this is one area where they have been quite bullish recently. long story short, despite the future suggesting, we think the bull case for al, we still think is intact. we think that any excess correction is a buying opportunity. what is the implication of these big tech companies pushing more to monetise their investment into ai? what are ....

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