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Now becky quick. We begin with the weather we cant change it or improve it, though we can complain about it but as Steve Liesman found thanks to big data and supercomputers meteorologists could make predictions with greater accuracy and that could have a huge impact on local economy. Better weather is this weeks cover story. Reporter in develops companies, our smartphones warn us, but people around the globe lack even basic forecasts. But with super compute going ibm launched graph, a forecasting model. It says that graph will provide accurate forecasts not for a few places, but for the entire world. This model is named after the ancient god that ruled the super sky. It puts 12 trillion pieces of weather data every day for 26 million location around the world. The super computer is so fast, this massive model provides new forecasts every hour were getting down to kind of the Cellu ....
Tool when it comes to predicting travel tie ups and potential wildfires and potential opportunities in the space economy industry. It is estimated to reach 1 trillion. First our top story. The eu antitrust chief has made a name for herself as a tough regulator who is not afraid to go after big tack. Wednesdaywednesday big tech. She said eu will still push a digital tax even if a big push at oecd fails. She was asked how europes revelatory posture on technology is different than the u. S. And china. First and foremost to promote what we have going for ourselves already because in the businesstobusiness environment you find a lot of impressive tack. You find engineers and research and an impressive start up environment and the willingness to balance all the possibilities. Talk about innovation but we hear from u. S. Companies the reason youre focused on taxation is because we have not seen real invasion europe. You agree with that and is that fair . We have not seen real innovation in eu ....
Space economy industry. It is estimated to reach 1 trillion. First our top story. The e. U. s antitrust chief has made a name for herself as a tough regulator who is not afraid to go after big tech. Wednesday, she told bloomberg that the e. U. Will still pursue a digital tax even if a big push at oecd fails. Maria tadeo talked to her in france, where she was asked how europes revelatory posture on regulatory posture on technology is different than the u. S. And china. Maria first and foremost, to promote what we have going for ourselves already because in the businesstobusiness environment you find a lot of impressive tech. You find engineers and research and an impressive start up environment and the willingness to balance all the possibilities. You are talking about innovation, but we do here many times from u. S. Companies the reason youre focused on taxation is because we have not seen real invasion europe. Innovation in europe. Do you agree and is that fair . That is not fair, not ....
Post nine at the New York Stock ExchangeCarl Quintanilla is off, jon fortt is on assignment but were going to begin with wework losses balloons to 1. 25 billion in the last quarter. Roger mcnamee joins us, along with Business Inside henry blodget. Good morning roger, i will start with you losses at wework, the turmoil continues. The thing that scarce me about we work, it could be a trigger of other issues in the market it is huge the scale of investing in unicorns that were i think at best unproven, maybe at worst not real businesses is such that as the stuff implodes, it could take softbank with it. Softbank is big enough to trigger all kinds of issues for the market. Youre scaring people saying it could take softbank with it significant losses, no doubt thats a few steps down the road the saudis are 45 bil ....
And today were having to talk coming up on afternoon record highes last year live all the sport. According to the world about the issue in cricket. Meteorological organisation. England slip to defeat in the first test against new zealand sadly, not for the first time over but in the process, pace bowler the last few months, jofra archer says he was subjected were talking about racist abuse to racist abuse from an spectator from fans rather joy at the ballot box than the sport itself. As he left the field. Pro democracy supporters celebrate well tell you what he and a as they win overwhelmingly this time its in cricket, in hong kongs local elections. New Zealand Cricket have had to say where england fast bowler the territorys leader carrie lam has said she will reflect seriously on the incident at 2 30. Jofra archer says he was targetted on the clear message sent by voters. Thanks. As he left the field on the final day of englands ....