tv Asia Business Report BBC News July 5, 2023 1:30am-1:45am BST
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the owner of facebook years up to launch its rival platform to twitter as the social media giant battles with latest controversy. plus, china sees its car exportsjump in the first five months of this year and it's partly because of the war in ukraine. either. welcome to asia business report with me, marika oi. it's been described as twitter�*s august that yet. matt apps new app is called threads to be launched
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thursday but already available for preorder on the app store. the screen apps show a dashboard similar to that of twitter apps meta which owns facebook says threads will be part of its instagram platform so it'll be connected to hundreds of millions of accounts to begin with. but the 3pp accounts to begin with. but the app already been criticised for the amount of data it may collect. principal analyst explained why threads could be a serious threat to twitter. it's a massive threat if you think about twitter and only has one of 50 million active users. if you see what's going on with facebook and instagram, we are talking 2.9 6 billion users are left with a sensible terms. 50 million is the number we used to say mass adoption of technology has occurred, chatgpt acted in 30 days, facebook live in 2a hours. mark zuckerberg get 50 million users and probably less than hours and probably less than hours and properly 150 million users in less than two months. that means it's — in less than two months. that means it's a _ in less than two months. that means it's a direct _ in less than two months. that means it's a direct threat - in less than two months. that means it's a direct threat to twitter. at the same time some users aren't happy with written restrictions like the number of
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tweets you can look at. why is anyone mastering this? {jut tweets you can look at. why is anyone mastering this?- anyone mastering this? out of the challenges _ anyone mastering this? out of the challenges twitter - anyone mastering this? out of the challenges twitter is - anyone mastering this? out of the challenges twitter is the i the challenges twitter is the last publicly available data set out there and that means you don't normally have the login to access twitter. that ended about 48 hours ago and that meant everybody was scraping twitter data defied social feeds to get things that could trade artificial intelligence and machine language models and that he wanted to put an end to. there were two things going on. one, really about keeping ai out of his public domain, the second was different. there is an internal problem with the software creating a recursive loop which means something of them had in the performance of them had in the performance of the software that they had to limit the number of users. both happen at the same time from what our sources say and why there were some limits going on but that's led to people to go to blue sky and a lot of interested folks going to this new facebook product, threads. part of the reason for that is it's got similar architecture
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as mastodon, being used to power things like twitter and other social networks. figs power things like twitter and other social networks. as you had, ray _ other social networks. as you had. ray and _ other social networks. as you had. ray and i _ other social networks. as you had, ray and i talked - other social networks. as you had, ray and i talked about l had, ray and i talked about twitter�*s new temporary twitter cap and the company was like new chief executive defending the move, tweeting that with a mission like twitter you need to make big moves to keep strengthening the platform. twitter said only a small percentage of its users have been affected by this new limit, with minimal impact on advertising. let's turn to china because it has overtaken japan as the world's biggest car exporter. their numbers surged 80%, year—on—year in the first five months of 2023 thanks to a jump in sales to russia following its invasion of ukraine. combustion engines represent the majority of these exports but there is also growing global momentum behind
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china's electric cars. earlier i spoke to bill russo of consulting company auto mobility who gave us his reaction on the numbers. that's a ma'or reaction on the numbers. that's a major good — reaction on the numbers. that's a major good guide _ reaction on the numbers. that's a major good guide for- reaction on the numbers. that's a major good guide for this - a major good guide for this yearin a major good guide for this year in terms of the tailwind for china but it is been on the rise for the last three years since 2020. chinese exports have more than tripled, quadrupled if you look at the full year this year. a lot of what's driving it is frankly the slowdown in demand in china which creates a whole lot of excess capacity in china for producing cars which the pressure that is relieved by exporting to other countries. talked about weakening domestic demand and we've been getting quite a lot of weak economic data from china. how worried are you that especially things like high unemployment rate among youth could affect car sales going forward? but certainly _ sales going forward? but certainly a _ sales going forward? but certainly a drug - sales going forward? elf certainly a drug and about. last year we had supply chain
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restrictions which constrained the growth of the market, but frankly since 2017 the market for automobiles has not been a global market, it pete that year at 28.9 million, last year was 26.9 million so the demand has gone down and in particular the shift to electrification has caused the gasoline powered vehicles to decline significantly. that puts a lot of pressure on the factories that appeared up to sell those vehicles and if you can't sell them in china, the outlook for other markets.— them in china, the outlook for other markets. you mentioned the shift to _ other markets. you mentioned the shift to electric _ other markets. you mentioned the shift to electric cars - other markets. you mentioned the shift to electric cars so - the shift to electric cars so does that mean the majority of those cars exported are still combustion engines?- those cars exported are still combustion engines? more than three quarters. _ combustion engines? more than three quarters. i _ combustion engines? more than three quarters. i think— combustion engines? more than three quarters. i think the - three quarters. i think the world is waiting for the affordable chinese tvs to arrive before that happens you get a lot of affordable gasoline powered vehicles —— evs. seven of the top ten chinese exporters are state
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owned, not ev disruptors. be yod, arguably the most powerful ev company in the world, even in the top ten this just year, neither so far this year, so they haven't prioritised exports yet because they've had enough domestic demand. that's likely to change as the market saturates. companies will look for other places to sell. you mentioned _ for other places to sell. you mentioned to _ for other places to sell. you mentioned to be _ for other places to sell. you mentioned to be yod - for other places to sell. you mentioned to be yod and other chinese makers. could they be a serious matter companies like tesla? , ., ., , serious matter companies like tesla? , ., ., tesla? tesla, as the global ev leader, tesla? tesla, as the global ev leader. they — tesla? tesla, as the global ev leader, they had _ tesla? tesla, as the global ev leader, they had the _ tesla? tesla, as the global ev leader, they had the second i leader, they had the second best quarter ever but if you look at the aggregate, in china mainland they haven't been prioritising other markets. they outsell tesla by a significant number in china and globally. so i think byd would it begins to become a global company, becomes the lightest ev company in the world with a very short span of time. the
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row over _ very short span of time. the row over the _ very short span of time. the row over the future - very short span of time. the row over the future of - very short span of time. the row over the future of super secure messaging is picking up the pace this week. the uk has tightened protections and its landmark online safety belt, a move that could impact technologies and encryption. some activists say that there is a need for this to protect children and others say the move could impact the privacy for billions of users. joe tidy has more. what that much, i am message, and read messages and signal, the rise of super secure messaging known as and encryption is undeniable. telegram messenger also offer the future by choice. by the end of 2023 matter max has bourgue medication through messenger be and to unencrypted as standard. if messenger be and to unencrypted as standard-— as standard. if privacy mike focused messaging - as standard. if privacy mike | focused messaging platform as standard. if privacy mike - focused messaging platform must be lifted. , . . . be lifted. instagram direct with will soon _ be lifted. instagram direct with will soon follow - be lifted. instagram direct with will soon follow and l with will soon follow and twitter is building the future into its bat. private experts celebrate the trade with
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government increasingly concerned, but why? it's because of how clever the secure technology is. let's say that i am the server of internet company and these people are trying to send messages. sending readable information over the internet is a pretty bad idea. it is aptly messages could read them so these days nearly all information we share over the internet adapted which means it is scrambled and therefore protected from prying eyes. a bit like putting a note in a locked box, the managers are protected when they leave us, processed by the app server and sent onto the recipient. but with most forms of encryption the company can unscramble the data. they have the keys to read our messages. sometimes they share them with others like the police. hackers can also access our unsecured data by reaching internet companies. and encryption goes a step further. messages are included but only the sender and receiver have access to the keys. it's like sending a box
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that only you have the kid open. the messages are protected even from the app company which means end—t—end encryption protects your tax, media and cause, internet companies, hackers and even police. companies, hackers and even olice. , . , companies, hackers and even olice. , ., , police. this means we could really exercise _ police. this means we could really exercise freedom - police. this means we could really exercise freedom of l really exercise freedom of expression, right to privacy without fear of unwarranted surveillance whether by the private sector or public sector. private sector or public sector-— sector. but the rise of end-t-end _ sector. but the rise of end-t-end encryption| sector. but the rise of. end-t-end encryption is sector. but the rise of- end-t-end encryption is being end—t—end encryption is being challenged by governments around the world. as they fortify those countries led by the uk with online safety, campaign against the technology. many other countries also expressed concerns. countries also expressed concerns-— countries also expressed concerns. ., , ., concerns. some are exploring their own _ concerns. some are exploring their own laws _ concerns. some are exploring their own laws to _ concerns. some are exploring their own laws to block - concerns. some are exploring their own laws to block it. - their own laws to block it. what's concerning is that if platforms make the design choice to roll out end—to—end encryption, we risk losing the vast majority of that data that's used to find perpetrators and protect children.— perpetrators and protect children. , , . , , children. many security forces and politicians _ children. many security forces and politicians around - children. many security forces and politicians around the - and politicians around the world are calling on tech
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companies introduce some of technical back door to end—to—end lifted up max. the way for police to get access to messages if they suspect criminal activity. messages if they suspect criminalactivity. but messages if they suspect criminal activity. but tech firms argue that any tampering will harm security. as the stalemate heats up, companies are threatening to stop their apps in countries like the uk if bands are issued. joe tidy, bbc news. before we go let's show you how japan bbc news. before we go let's show you howjapan pose bbc news. before we go let's show you how japan pose like nikkei is doing. profit—taking going on, down about 1% on monday it did add that the highest level in 33 years after very strong survey by the country's bank of japan we had a number of strong data that are showing signs economy is recovering steadily but of course there are also keeping an eye on the japanese yen which has been weakening and there is speculation of intervention. that's it for the programme. thank you so much for watching.
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bringing you different stories from across the uk. amongst these professional musicians from the orchestra 0pera north, students from the royal northern college of music here in manchester. it's a spectacular form of learning in manchester. it's a spectacularform of learning on thejob. the spectacularform of learning on the job. the college spectacularform of learning on thejob. the college became spectacularform of learning on the job. the college became the royal northern college of music in 1973, founded by sir charles halley 80 years earlier. today students come from 60 countries studying in schools dedicated to disciplines like strings, percussion, popular music, musical history is important here as well. but one day and plan with the opera will be lizzie who wants to work as a musical therapist with young people and marcus is from brazil. . , people and marcus is from brazil. ., , . ., , brazil. really exciting for us all to be able _
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brazil. really exciting for us all to be able to _ brazil. really exciting for us all to be able to perform - all to be able to perform alongside industry professionals. alongside industry rofessionals. ~ professionals. when i tell eo - le professionals. when i tell people i _ professionals. when i tell people i was _ professionals. when i tell people i was moving - professionals. when i tell people i was moving to i professionals. when i tell. people i was moving to the professionals. when i tell - people i was moving to the uk, people — people i was moving to the uk, people asked that i was going to london but i was going to manchester. we to london but i was going to manchester.— to london but i was going to manchester. ~ ., . , manchester. we have incredible orchestra. _ manchester. we have incredible orchestra, and _ manchester. we have incredible orchestra, and things _ manchester. we have incredible orchestra, and things like - manchester. we have incredible orchestra, and things like the i orchestra, and things like the ms chester— orchestra, and things like the ms chester collective. - orchestra, and things like the ms chester collective. but. orchestra, and things like thel ms chester collective. but the really — ms chester collective. but the really buzzing _ ms chester collective. but the really buzzing classical - ms chester collective. but the really buzzing classical scene. | really buzzing classical scene. the real — really buzzing classical scene. the real college _ really buzzing classical scene. the real college because - really buzzing classical scene. the real college because my. the real college because my 50th anniversary celebrations, note with manchester international festival on 8 july. more stories from across the uk, go to the bbc news website. hey, iam hey, i am is off with a catch up. tonight, rivalled that with. rental nightmares. a trip to arnhem land. —— memory lane. another no social media app if you have any space left on your phone. this is threads, due to go live on thursday, described as a textbased conversation app these screenshots show a
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dashboard that looks a bit similar to another huge social giant, twitter. threads is owned by meta which you might know is the company behind facebook and instagram. meta says the app will be linked to instagram but it appears to be free. it follows another vatican weekly twitter after billionaire owner elon musk announced a cap on how many people could see each day. popular user dashboard tweetdeck will also go behind a pay wall in 30 days. if you are rod tucker properly know how tough things are now, from rent increases to difficulty finding a place. the bbc has found that thousands of rental ads say children and pat aren't welcome. it's not illegal but it can make things harder for certain groups. one homelessness charity shelter says 1—in—5 families are barred because of their children. this includes many single parents. mps are considering more protections for renters in
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england. they'll be part of a bill that is currently in the house of commons called the renters' reform bill. for ten seconds of a pretty sight in that is, in fact. you are all caught l of now. see you later. that is, in fact. you are all caught l of a w. see you later. that is, in fact. you are all caught l of a pretty you later. that is, in fact. you are all caught l of a pretty sight ater. that is, in fact. you are all the sky it is called a full caught l of a pretty sight in er. seconds of a pretty sight in the sky it is called a full buck supermoon and looks a bit buck supermoon and looks a bit bigger and brighter than normal bigger and brighter than normal because it is closer to earth because it is closer to earth than usual. 21,000 kilometres, than usual. 21,000 kilometres, thatis, than usual. 21,000 kilometres, that is, in fact. you are all caught up now. see you later. because it is closer to earth than usual. 21,000 are 'netres, because it is closer to earth than usual. 21,000 are all tres, that is, in fact. you are all caught up now. see you later.
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