hello and welcome to asia business report. i'm mariko oi. we begin in the us where regulators are taking aim at one of the most renowned names in the artificial intelligence space — chatgpt. the federal trade commission has opened an investigation, saying it's looking into whether the popular chatbot harmed consumers by publishing false information. the ceo of openai, the company that created chatgpt, has since reacted to news of this investigation. sam altman said his company protects user privacy. michelle fleury has more. the artificial intelligence company openai is facing a probe by us regulators. the trade commission sent it after asking for more information about its privacy and data security practices. the agency also wants to know if the ai

tour harm people by having false information about them. since it launched there's been a lot of noise about openai. it gives humanlike responses to basic queries and will dramatically change the way we get information online. it's already the subject of fierce debate, including the accuracy of some responses and whether the company violated authors rights when it was a train in the technology. this spring, converse congress hosted sam altman and he called for regulation to be draughted for the emerging industry. now.. speaking of regulators. . not everyone believes they will have the ability to keep artificial intelligence in check. that's sir martin sorrell�*s case. the man who's built the world's biggest advertising company has been speaking to the bbc�*s aaron heslehurst.. and he's also said advertising companies need to self—regulate on the ethics of using the technology.

we've already taken a position that, for example, we won't alter pictures. let's say we had a white actor. we wouldn't convert that white actor to a black actor or vice versa. so we have already put into place ethical protocols that we think are important. this comes back to the self regulation point. i mean, it is hopeless for the regulator, in my view, to believe that he or she can keep up with this. what the governments have to do and regulators have to do is to put pressure on the tech companies to behave in a totally responsible way. having said that, there will always be bad actors. do i think that in next year's american presidential election, some nefarious people will be using al to generate fake images or orfake ads orfake interventions? yes, i think that will happen. but are you saying, martin, are you also saying then that you don't believe that the world will be able to get together and globally

regulate this technology? no, i think these we've seen it. for example, the american regulator is trying to unravel a deal that google did with doubleclick ten years ago. so the regulator tends to always be reactive and looking backwards. i mean, they lack the resources to do that. if the government was prepared to pile infinite resources into it in terms of people and knowledge and data, maybe there might be. but what they have to do is to work with the industry. you can catch the full interview on talking business this weekend. well.. let's focus on another a—i chatbot now , alphabet�*s bard. the google parent company says the chatbot is expanding to europe and brazil, easing worries about overseas regulatory issues. bard's launch in the european union had been held up until now by local privacy regulators.

but google said it had met watchdogs to reassure them on issues relating to transparency, choice and control. alphabet shares closed more than 4.7% higher on news of bard's expansion. and us regulators are not giving up their fight to block the largest ever merger in the gaming industry. the federal trade commission has asked a court to order microsoft to hold off on closing its $69 billion purchase of "call of duty" maker activision blizzard. earlier in the week, a federaljudge ruled in microsoft's favour, saying the regulators failed to prove the deal violated competition laws. the ftc has appealed that decision. now onto us earnings.. jp morgan chase and citibank are due to report second quarter results later today. analysts will be looking for balance sheet strength. after the failures of several small lenders earlier this year. thomas hayes is the chairman

of great hill capital and he expects some positive surprises for investors in the banking sector. right now the estimated bank earnings are plus 7% revenue growth which is the highest of all sectors in the s&p 500. i think we will see some guy down on net interest income because of the higherfor longer of the higher for longer interest of the higherfor longer interest rate environment we are in moving forward. however, i also think that has been priced in. the stocks have been degraded. three years ago they were treating an average 12 times now it's eight times the amount. as we know the secret to happiness is low excitations i do think the expert patients are pretty low tomorrow and they may be up to beat. that's interesting _ they may be up to beat. that's interesting here. _ they may be up to beat. that's interesting here. at _ they may be up to beat. that's interesting here. at the - they may be up to beat. that's interesting here. at the same | interesting here. at the same time, there have been worries about the banking sector after the collapse of some smaller lenders. do you expect some of the bigger lenders exposure to

the bigger lenders exposure to the smaller lenders when they report results? it’s the smaller lenders when they report results?— report results? it's her rear view mirror _ report results? it's her rear view mirror story. - report results? it's her rear view mirror story. even - report results? it's her rear view mirror story. even if . report results? it's her rear i view mirror story. even if they take some type of appearance it will be one and backward looking and the market would be able to look through that. what it would be interested in is net interest income and in the case of the big banks, with capital markets reopening and deal flow capital markets reopening and dealflow reopening, it capital markets reopening and deal flow reopening, it was shut down last year in 02 and 03, we might see some improvement in 02 and maybe some in 03 as capital markets come back. some in 03 as capital markets come back-— come back. interest rates is something _ come back. interest rates is something everyone - come back. interest rates is something everyone is - come back. interest rates is - something everyone is watching, what are the other challenges facing the sector. figs what are the other challenges facing the sector.— facing the sector. as it remits to commercial _ facing the sector. as it remits to commercial real— facing the sector. as it remits to commercial real estate, i to commercial real estate, there may be difficulty in relation to office properties, some others may do well but then be overestimated the danger in a properties but underestimate and be properties. they have been

traded down in assumption of this. now to thailand where businesses are watching and waiting for a new government to be in place. it's been two months after national polls — which signalled strongly for change. but the progressive alliance that won the general election has been blocked from forming a government after the military appointed senate rejected its candidate for prime minister. earlier i spoke to richard yarrow. he's a fellow at the kennedy school of government at harvard and he told me this situation is creating a great deal of uncertainty for businesses. i think businesses, like many people, are disappointed the government has not been formed yet. it has been two months since the election. it's been many years since the last government was formed from a democratic vote in thailand. i was at parliament yesterday and saw many people were disappointed at the outcome, which did not result in a new

prime minister, and i think in particular there is concern that there will be growing uncertainty for the country in lots of directions.— uncertainty for the country in lots of directions. you mention uncertainty- — lots of directions. you mention uncertainty. what _ lots of directions. you mention uncertainty. what are - lots of directions. you mention uncertainty. what are they - uncertainty. what are they concerned about? are they concerned about? are they concerned people might start to protest, it may be? that this could drag on for weeks or months?— could drag on for weeks or months? ., , ,.,,, , months? the worst possible scenario is _ months? the worst possible scenario is mass _ months? the worst possible scenario is mass process - months? the worst possible | scenario is mass process and potential violence. scenario is mass process and potentialviolence. i scenario is mass process and potential violence. i do not think it's likely but even beside the worst possible scenarios, there is uncertainty over the national budget for tile and over the next year and hope will be implemented, the direction of major infrastructure projects. our high—speed red from thailand into laos and china. and major improvements into the city of bangkok. i lack of clarity over government policy. [30 government policy. do businesses _ government policy. do businesses like -

government policy. do businesses like him as a leader was mark i think it depends what sectors you ask. if you're a small business _ what sectors you ask. if you're a small business it _ what sectors you ask. if you're a small business it in - what sectors you ask. if you're a small business it in the - what sectors you ask. if you're a small business it in the i - a small business it in the i called the sector you might like the changes that he is been there but if your big business they might like it. microsoft says chinese hackers have gained access this certain information in government agencies. there's been no information given as to where these government agencies are place but microsoft has notified government about the attack was of commons was amongst the individuals impacted by the breach. news media has also said the state department was among the agencies affected and secretary blink and has brought this up during the meeting with chinese diplomat.

and before we go some sad news for those who appreciate cracking open a nice cold one on friday and saturday nights. a beer—maker founded in san francisco in 1896 is closing down. anchor brewing company says it's america's "fi rst" craft brewer. more recently, it had been dubbed the "godfather" of america's craft beer renaissance. and that's it for this edition of asia business report. thanks for watching. bbc news bringing you different stories from across the uk. i'm chris parks, and it's my wedding day. i'm getting married, so i immediately want to have landed this skydive. no pressure. i served in afghanistan. unfortunately, i lost my left leg and received the gunshot and the right side of my body. the training for this started roughly 18 months ago, and most of that is being accuracy landings. the sky is a big place. you have a lot of room for error in the sky. what really is crucially

important is that you get the landings correct, that everybody�*s safe, the holding area as well. everybody�*s following each other and they should. all of them, including chris, have landed safely. i'vejust sky dived into my wedding at on a beautiful sunday morning. they hope they have a new world record for the largest wedding party made up of groom and groomsmen to skydive into a wedding venue. afterthat, it's time to get married. most stressful part of the day so far? no, i'm calm, cool and collected. jumping out of the plane was infinitely more stressful than this. i've been ready for this for a very long time. what do you think about him doing this? no. chris is allowed to have a little fancy thing in the day. i get the big fancy dress and he gets the fancy skydive. so i love it, though. i used to skydive and i'm just happy that he's happy doing it. and as long as they're safe, they can do it whenever. more stories from across the uk. head to the bbc news website. hello.

i'm jack with the catchup. tonight. pay rises for the public sector, a heat wave in europe, and a bit of pink carpet glamour. we're going to start with pay rises for loads of workers in the public sector. police and prison officers will receive 7% whilst teaching unions are recommending their members accept a rise of 6.5%percent. junior doctors have been offered a 6% rise, but the british medical association says the pay rise would not end the doctor's dispute with the government. in fact, junior doctors are on strike from today until next tuesday in their longest ever walk—out over how much they're paid. thousands of planned appointments will be pushed back while doctors scheduled to do them will be moved over to emergency care before they go on strike next thursday and friday. the prime minister says the pay offers are final. a couple of other stories to bring you then. and if you're considering jetting off this summer, you might want to reconsider parts of europe and north west africa as people living

there are struggling with record breaking temperatures in parts of greece, spain, france, croatia and turkey. temperatures are expected to pass a0 degrees celsius. and in italy, temperatures could reach as high as a8.8. and stars took to the red carpet for the european premiere of barbie last night. the film features margot robbie as barbie and ryan gosling as ken and follows the pair as they leave barbie land behind and travel to the real world. we can see it on the big screen from the 21st ofjuly. tonight. i'm going to leave you with ten seconds of success because katie price's son, harvey prices, won a guinness world record for this, the world's longest drawing ofa train. it's massive coming in at over 21 metres and taking four weeks to complete. you're all caught up now. see you later.

hello and welcome to hello and welcome to sportsday — i'm marc edwards sportsday — i'm marc edwards from the bbc sport centre, from the bbc sport centre, here's what's coming here's what's coming up on our show. up on our show. simply 0nstoppable! !! simply 0nstoppable! !! 0ns jabeur is into her second 0ns jabeur is into her second consecutive wimbledon final consecutive wimbledon final after beating aryna sabalenka in the last four. the everton and england midfielder delle ali gives an emotional interview about his childhood abuse and addiction to sleeping pills