president trump, with regards to tech companiez what specifically president trump, with regards to tech companiez what to ecifically president trump, with regards to tech companiez what to do iically president trump, with regards to tech companiez what to do with] president trump, with regards to tech companiez what to do with all paranoia about what to do with all the cameras and tech we have, who owns it, who is controlling it, and that leads onto the story about san francisco putting facial recognition in this is business live from bbc news on hold. extraordinarily interesting area, facial recognition is the big with maryam moshiri and victoria fritz. amazon gets hungry for takeaway meal—delivery services. new technology around the world, it becomes the biggest lots of people working on it, investor in deliveroo's particularly in china, very strong latest fundraising round. and facial recognition, which of live from london, that's our top course uses things like artificial intelligence to make it work. it is very heavily used in china. story on friday the 17th of may. 0bviously, with the kind of surveillance that way and a lot of other countries would not be co mforta ble other countries would not be comfortable with. san francisco has become the first major city to say, listen, we are not going to have it, deliveroo plans to use they have told the police, the local the cash in its fight with arch rivals uber eats, authorities that they cannot use it as the battle of the takeaways heats up. until we have had a public debate, also in the programme, as beijing and washington square andi until we have had a public debate, and i think the public debate is off over the future of chinese telecoms giant huawei. beginning. we have seen it in the we'll cross to our asia business hub uk, we had an item on collect last weekend which showed police using to assess the impact on customers. facial recognition in the streets, it being resisted. —— click. so a

european markets have all opened in negative territory. big public debate about this from whatsapp data hacks technology and how prevalent it to the controversy over should be. i am sure we will have facial recognition, we'll get the lowdown on another frantic week you want to talk about facial in the tech sector. recognition again at some point! any have you seen the story about the resturant manager who mistakenly gave a diner time! a £4,500 bottle of wine? today we want to know, british budget airline easyjet what's the most you have ever has warned of a worsening trading environment. paid for a bottle of wine? it say it will make less money is any wine worth that much? per seat in the second half of the year, partly because of uncertainty caused by brexit. earlier, we spoke to the let us now, use the hashtag company's boss johan lundgren. #bbcbizlive. well, let me just say first of all that no airline would hello and welcome to business live. expect really to make any money in their loss—making winter season takeaway meal delivery services and this is actually a result that is in line are on the menu for amazon. with the expectations that we have. and there's been a number of things the giant online retailer has pumped cash into the uk—based meal that we are really proud of in terms delivery service deliveroo. of the performance for the winter, with record number of customers. the exact sum isn't known, but it makes amazon customer satisfaction with our crew at an all time high. the biggest investor in deliveroo‘s but you're right to say latest investment round. that the the trading environment is tougher out there. deliveroo‘s online platform i think that the uncertainty

uses bikes and motorbikes that's been around brexit to ferry meals from restaurants but also the deterioration to customers and is one of europe's that we've seen fastest—growing tech firms. it serves more than 100 towns in terms of macroeconomic and citites in the uk and factors across europe has operates around europe in countries like france, germany and italy, also, you know, made a difference. as well as the uae and australia. but if you're looking through the summer we have actually booked 3% more passengers for the summer versus at this point last year. so there is an underlying demand, the company says it'll use the new investment but it does have an effect on the pricing. to expand even further overseas. are you still stockpiling parts for your aircraft and here's the irony — in continental europe? this is the second bite at meal—delivery services in the uk for amazon. it closed down its first attempt last year well, what we've done because of competition is that we have created an aoc, from deliveroo. an operating airline in in europe to be able to make sure with us now is our technology that we are brexit ready. correspondent rory cellan—jones. and that means that we also have allow, rory, how are you? thank you spare parts to support that. very much for coming in to take us so we are basically as of 29th march through this story, slightly curious, because amazon's forays into food have not been wholly successful, so why they stand now? flying a programme as if a brexit it is interesting, we rightly think would have happened with no deal,

of amazon is one of the most because the european commission have now put into legislation that they're protecting the traffic rights and the uk government has successful technology companies in to reciprocate that. the world, but food delivery has what proportion therefore been one area where it was late and of your aircraft and your crew now have austrian registration? it failed. here in london, tried to out of the number of aircraft, ta ke it failed. here in london, tried to take ona there have been total of it failed. here in london, tried to take on a pretty well established market, you have got deliveroo, you about 330, now 135 of those would be registered have got uber eats, which was led to in the european airline. the market, and you have gotjust so what we've done is that we shifted and also then pilot licenses and cabin crew out eat, three pretty well funded businesses all going after that to stations over to that agency to make sure that we can also fly market. amazon came along with its intra—european flights as we would need amazon restaurants offering, which proved an attractive, and it retreated. so it is having another go. we don't know how much of this to do comes a brexit. chunk of money which has gone into deliveroo this morning, we don't talk about some of the other stories know how much of it is from amazon, this friday, sha nti we believe pretty well all of it, they are being pretty secretive about it, but they are just saying, we wa nt talk about some of the other stories this friday, shanti joins us from about it, but they are just saying, we want to be here, we have got the codes, it is friday and nearly nine money, why shouldn't we?” o'clock, so let's talk about wine! we want to be here, we have got the money, why shouldn't we? i suppose fairenough, money, why shouldn't we? i suppose fair enough, they have raised this is a great advertisement for something like $1 billion since they launched back in 2013, when they hawksmoor manchester, a restaurant chain, and one of the restaurants in

we re launched back in 2013, when they were looking for funding. what do manchester, the hapless waiter... they want to do with all this cash? 0r waiters, we don't know! well, these businesses, think of it in the same way as uber‘s business, the customer ordered a £260 bottle they are a massive bet that one day of bordeaux but accidentally brought you will dominate a very new, very back a £4500 bottle of wine, nobody fast growing market, and that is an was any wiser until the manager expensive business, people lose an awful lot of money. we have seen how realised the mistake and tweeted much money uber has lost on cars and about it,? realised the mistake and tweeted about it, ? there are lots of talking about it, ? there are lots of talking is now putting a lot of money into about the fact wine, is it worth the restaurant business too. deliveroo will have to have very deep pockets if it is to win this that much money? would you pay that titanic battle, and amazon coming in much for a bottle of wine now? behind it is a huge boost, obviously. and the thinking behind don't be ridiculous! if you are a this, of course, is to spread this billion, it is not that much money, network, the logistics network — but but with wine, things are worth what when you think about the workers, people are willing to pay. you have all the people around the world who vintages where only a couple of are employed as drivers, employed hundred bottles come out, it has been around for 300 years, it has for deliveroo, it really changes the that pedigree, and the more bottles game, doesn't it, in terms of the get drunk, the supply shrinks, and gig economy and normal contracts? this is the spread of amazon that we china is one of the areas where have seen, their influence on the there is a lot of growing demand for

working world. they are part of this wine consumption. saw more of an whole new world, which some people investment than drinking it, if i say is great, where people have had a bottle of wine worth that much, i would casualised work, more flexible work. had a bottle of wine worth that much, iwould keep had a bottle of wine worth that much, i would keep it in my cellar! 0thers pray to god you don't have a flood! casualised work, more flexible work. others say it is a downward trend, people having less secure jobs, you have got a seller?! it is horrible, it is an old others say it is a downward trend, people having less securejobs, and generally not great working victorian house! we have had lots of conditions. but it is a phenomenon thatis conditions. but it is a phenomenon that is growing, and his food tweets about this, aside from delivery market is pretty important for that it certainly is, i know, we sommeliers, who are extensively trained, most of us wouldn't know the difference between a £4000 and a hope that you will be coming back later to take us through similar stories. go get yourself a coffee! £45 bottle of wine. another person says, i once heard of an expert who let's take a look at some of when asked which is the best wine, the other stories making the news. facebook has removed hundreds of social media accounts and banned they replied, the best one is the an israeli firm due to wine you like. about £250, catwoman "co—ordinated inauthentic behaviour" mainly targeting africa. the social network says the fake accounts often posted on political news, has been spending, it was very good, including on elections in various countries. but i would never go above that facebook has faced rising criticism amount. iam for failing to stamp out but i would never go above that amount. i am glad to hear that eve ryo ne amount. i am glad to hear that everyone has limits! my chances, i misinformation on its platform. wa nt everyone has limits! my chances, i want bought a $12 bottle of wine, it boeing has completed development was the cheapest wine i wasn't of a software update ashamed to bring, i have never paid

for its 737 max plane, which was grounded following two more than $5 for my own drinking. fatal crashes within five months. that is pretty cheap! anyway, shanti the us plane maker says it has flown the 737 max with the updated software i that is pretty cheap! anyway, shanti , what is the cheapest and most on 207 flights. expensive you have bought?“ , what is the cheapest and most expensive you have bought? if you go the federal aviation administration to aldi in germany, 3 euros? do you expects boeing to submit the upgrade for certification next week. rescue talks between the uk government 90, and british steel will resume later. to aldi in germany, 3 euros? do you go, add in germany, thanks for watching, happy friday, bye—bye! the firm admitted on tuesday it needed further government cash to address "brexit—related issues" after seeking a £100 million hello there. loan in april. we've started this morning british steel is the uk's with a lot more clouds second largest steel firm, compared to the last few days, employing 11,500 people and with that some outbreaks and about 20,000 indirectly of rain be moving their way from east to west. now through today it's going to stay quite cloudy, via its supply chain. a few bright spells though across northern parts and also a few showers. this is the satellite imagery chinese telecoms giant huawei through the morning. you can see a lot more cloud around, has hit back at a move to ban it it's been moving its way from doing business with us firms. in from the east on a rather brisk easterly wind, and it will continue it has warned it will affect "tens of thousands" ofjobs to bring some showers this afternoon at its us suppliers across southern areas of england and south wales. this main bulk of rain

and do "significant economic harm" clears away to the west. some sunny spells, though, to us companies. for northern england, across scotland and northern those concerns have sent shares ireland. of us chipmakers down sharply. and that's actually where you have monica millerjoins us the highest temperatures today, about 18 or 19 degrees around the glasgow area and the far northwest. now from singapore. elsewhere, temperatures typically about 13 to 17 degrees celsius, chillier than that on the north sea coasts. what exactly do we know in terms of now through tonight, more rain spreads in across scotland, the far east of england. huawei's response here? well, i mean, at this point we are all showery rain more likely looking really follow huawei's the further south you are. it's not going to be a cold night. response, and it was rather short temperatures getting no lower yesterday, but markets in asia are than about eight to ten degrees. but into the weekend in the red today, with increasingly it's going to remain tough words from china on the trade quite cloudy, really, low pressure down towards the mediterranean, that's what's influencing the weather dispute. the state newspaper invoked at the moment, and it'sjust the spirit of patriotic wars of the bringing that easterly wind, and with it quite a bit of cloud past saying the rift would never and also some showers. bring china down and at the heart of so over the weekend there'll be more of that cloud to come, theissueis showers or longer spells of rain bring china down and at the heart of the issue is temporary. its shares across northern areas, are down more than 6% today, and as particularly on saturday, you mentioned, it is starting to but also some sunny spells. have an impact on other chip makers let's have a look at the details for saturday,

- qualcomm, for example, which earned around 5% of its revenue from some showers and longer spells of rain across scotland, elsewhere there'll be a rash of showers developing huawei, saw revenues drop by about into the afternoon, some could be heavy, but also there'll be some sunny spells developing. 496. huawei, saw revenues drop by about 4%. broad come, another supplier, temperatures getting up to fell more than 2% in new york. we about 13 to 18 degrees celsius. are also looking at the japanese but that area of low pressure is still with us as we go into sunday. response, they are terribly concerned, and their gdp numbers are so there's not going to be a great expected to come out on monday, we deal of change during sunday, perhaps not as many showers and perhaps a little bit warmer during sunday, will see whether this is having an especially where you get some sunshine, so feeling quite pleasant impact on them. moniker, thank you in any sunny spells. very much. asian stocks not liking the tough temperatures in the south east rising a little bit, talk from china on the ongoing further north, as i said, trade spat with the us. there was some respite there'll be quite a bit of cloud, from the gloom and worry showers most likely across northern in the shape of stronger economic parts of the uk, data from the us. but even here 16 to 18 celsius. japanese stocks were lifted by sony after it and microsoft announced a partnership on video games streaming, despite being where you get a bit of brightness, fierce competitors. that still feel quite pleasant. and then into next week, overall, though, trade temperatures hovering tensions worries mean that even with that rise, in the high teens and the low 20s, japanese stocks plenty of fine and settled weather are down on the week. in terms of european stocks, they actually going through next week. high pressure starting to rebuild itself across the uk. have opened in negative territory, wa nt to have opened in negative territory, bye for now. want to look out for is easyjet, it shares, the last time i checked, we re

shares, the last time i checked, were up nearly 3% despite the fact that the airline is warning of tougher trading environment. victoria spoke to the boss, we will hear from victoria spoke to the boss, we will hearfrom him later in the programme. michelle fleury has the latest from wall street. another tech—leaning money—losing company is set to go public this friday. luckin coffee, the chinese challenger to starbucks, makes its debut at the nasdaq and is shaping up to be a big deal, shares priced at the high end of the range, suggesting that investors are thirsty for a piece of the action. but it's yet to make a profit, and according to paperwork filed with us financial regulators, its operating expenses last year were three times its net revenue. meanwhile, with the intensifying trade war between the us and china, investors will be watching to see what the world's largest tractor manufacturer has to say. deering company is expected to report a rise in second—quarter revenue. and how strong is the american consumer, given this week's disappointing retail sales figures? we should get some indication when the university of michigan releases its consumer sentiment index for may.

joining us is shanti kelemen, senior portfolio manager at coutts. thanks very much for coming in, shall we talked about baidu? their results are sharply down, the first big loss since 2005. yes, they reported their first loss in quite a long time, and we have seen the chinese economy is slowing down, you're watching bbc news at 9 with me, annita mcveigh. advertising is an easy thing to cut, the headlines. and their primary revenue is talks between the government advertising. it was in sharp and labour to try to come up with a brexit deal are about to end contrast to the other big chinese without an agreement. it comes as theresa may agrees firms which reported quite good earnings this week. let's talk about to set a timetable for her to step down as prime minister, pi nte rest, earnings this week. let's talk about after the next commons vote pinterest, a big name in the us and on brexit in a few weeks' time. across the world in terms of going online, getting ideas from other one hundred people have died from knife wounds so far this year — people, and it recently became a public company and exposed set of the youngest victim was 14 year—old

jaden moodie, from east london. results as a public company disappointing, shares down pretty for the first time in the uk doctors massively. yes, fell about 2096 have successfully used keyhole surgery to treat a baby with spina bifida while it was yesterday, so pinterest is not as still inside the womb. big as facebook, and it went public earlier this year quite quietly, and i have good user growth, so they have about 290 million people on their platform, but what investors are worried about is revenue is not growing quite as quickly as they thought it would, and i are also worried about how you make money, so they would like to see pinterest have shopping through the website, which they don't currently do, and it is not clear if that is going to happen sooner or if it might take several years to develop. we have seen a lot of these companies making themselves public, floating, and it is the whole argument of profit versus growth, what is more important, and it sounds like growth is winning. they are putting the focus on growing the user base, they wa nt focus on growing the user base, they want more people in europe and elsewhere, and it is the idea of

getting your locked income are committed to using their platform, and addicted to it, then they will try to make money off you. they worry is that if there are too many adverts, you might lose subscribers. interesting, come back in a bid to talk about the papers and fine wine! 0r cheap talk about the papers and fine wine! 0rcheap wine, talk about the papers and fine wine! 0r cheap wine, whatever takes your fancy! 0na 0r cheap wine, whatever takes your fancy! on a friday it is usually cheaper for fancy! on a friday it is usually cheaperfor me, fancy! on a friday it is usually cheaper for me, but anyway...! still to come: whatsapp has been hitting the headlines this week, because of a huge data breach. but it's not the only tech story that's been causing ripples around the world. 0ur correspondent rory cellan—jones will be here to talk us through a hectic week in tech news. you're with business live from bbc news. there is no denying that the british high street is struggling, as competitions intensifies, habits change and costs rise. so what can be done to make things better? today the town of altringham,

in greater manchester, is trialing the first high street perfect day, which organisers hope can be rolled out across the country to become the one day a year when every high street looks and feels the best it possibly can. the person behind the idea is sirjohn timpson, chairman of timpson, the shoe repair and key—cutting business, and hejoins us now from our salford studio. should i high street not be perfect every day? it is not really practical! i have got the idea of the perfect day from our business, because it is something we have been using for about ten years. we nominate one day in the air as being our perfect day, because i think it is reasonable to expect, even the least tidy, fastidious person to get it right one day a year, and that brings standards up. if you are expected people to do it all the time, it doesn't work. it has made a big difference to us, and it could be helpful to the high street, which

is why altrincham is having a go, i was there early in the week, and i'm going later today, and there has been an awful lot of activity going on to make it absolutely spot on for today as their very first perfect day. this isjust one part of, just one practical thing we could do today, part of the high street report i produced before christmas. imean, i report i produced before christmas. i mean, i think that the most important thing that needs to be done is for town centres, to locally plan their future, so they have got a hub which is right for the shopping public in 20 years' time, and that is notjust about shops, it is about bringing more residential property into the centre, having things other than shops, like medical services and leisure

services, entertainment, a whole range of things which create a proper hub, bring people back into the town centre. that is very important for the community. rents, yes, right certainly, all part of the story, but the future planning is the big one. is 0k, the story, but the future planning is the big one. is ok, so the story, but the future planning is the big one. is 0k, sojohn timson, thank you forjoining us on bbc news. your're watching business live. our top story: amazon has made a big new investment in uk—based meal delivery service deliveroo just a year after scrapping its own takeaway service. deliveroo plans to use the new cash in its battle with arch rival uber eats as it expands overseas. a quick look at how the markets are faring. well, european trade is a little bit dicey today, it followed a pretty rocky start over in asian trade, there are, of course, there is lingering concerns about the trade war between the united states and

china, and there was comments that we re china, and there was comments that were picked up by chinese state media about huawei and hitting back on some of those bands that the trump administration has been talking about over the last week or so. the phrase "whatsapp targeted attack" was something no whatsapp user wanted to see in a headline this week. the company's pr department had a busy week after the messaging app was targeted by hackers. well, our technology correspondent rory cellan—jones is here to tell us more about this story and some of ones you might have missed. talk us through, for anyone who hasn't been around the news over the last week, what happened with what's 7 last week, what happened with what's up? i wasjust last week, what happened with what's sjust trying last week, what happened with what's up? i wasjust trying to whatsapp victoria, ifailed! up? i wasjust trying to whatsapp victoria, i failed! this was a very sophisticated breach that their owners discovered, which would have allowed attackers to install spywa re, software that allowed attackers to install spyware, software that monitored everything you did, via just a

missed call on whatsapp. andrew really gives us an insight into this huge battle that is under way between the technology companies, like facebook and whatsapp, and not just criminals, but governments and spy just criminals, but governments and spy agencies that are trying desperately to crack that encrypted servers. the whole premise of whatsapp is that it is secret, that is why1.5 whatsapp is that it is secret, that is why 1.5 billion whatsapp is that it is secret, that is why1.5 billion people use it, it is why1.5 billion people use it, it is secure and secret, and that makes ita is secure and secret, and that makes it a very big target, and a company that has been identified as probably being behind this attack, israel's nso group, it specialises in offering governments and intelligence agencies the ability to monitor phones in this way, the accusation is that technology has been available also to repressive governments to track human rights activists, so a really interesting and quite scary insight into how even the most secure communications may not be that secure. and also

how, you know, business pitches work may not be that secure. and also how, yo industries, liness pitches work may not be that secure. and also how, yo industries, you s pitches work may not be that secure. and also how, yo industries, you know, es work may not be that secure. and also how, yo industries, you know, if! work may not be that secure. and also how, yo industries, you know, if the rk in some industries, you know, if the israelis are also offering the ability to consult on this, as well as potentially attack, that is interesting. yeah, cyber security, both defence and attack side of it, it isa both defence and attack side of it, it is a multi—billion dollar industry, it is very important to governments and two technology companies basically fighting them. let's talk about huawei, because as a lwa ys let's talk about huawei, because as always in the news, this week a national emergency declared by president trump, with regards to 00:18:38,188 --> 4294966103:13:29,430 tech companies, not specifically