tesla and netflix report

quarterly earnings. two major names in the us tech sector. we'll hear from its chief executive. hello and welcome to asia business report. we begin with netflix because the streaming giant's shares have dropped more than 8% after the bell. mike proulx is forrester�*s research director and he noted of new customers.

six millino new ads is an incredible number and it is in large part due to the crackdown on password sharing. so the launch of the programme is absolutely a success and why they're going to lunch it in additional countries of. can you tell us about looking forward? because there is a massive strike that is going on in i know these numbers don't reject this, but what do you project if they don't have any production in the pipeline? netflix, and the same cannot be said for its competition, because of the fact that the company has such a large international footprint. this will provide an element of air cover to keep it fresh with new programmes, new shows, new movies while things play out in hollywood.

vehicle maker has also just released its quarterly results, and its shares are also slightly in the red in after hours trading. the company's report card showed tesla's profit margins were squeezed by chief executive elon musk�*s with rival auto—makers. earlier, i spoke to digital economy expert of cutting prices. they didn't come as a big surprise, but there is certainly cause for concern. this feels like a price war with new long—term strategy to raise margins if tesla wins the war. delivery numbers were great, revenues are at record highs, but gross margins are at the lowest they've ever been. the operating margin

has dropped below 10%. and the reason why this is of concern is that in order to justify its market cap, tesla's earnings have to grow by big multiple like 5—7 times. i wonder if tesla is hurting its long—term prospects by trying to appease wall street short hitting the 2 million target. the 2 to lion target. the 2 to india arget. the 2 to india where google has breached charges are lower demanding it charges are lower in add feed to disney's streaming service. they said it was a temporary measure but this could pose a significant challenge to google�*s payment model. a day after an indian court ruled that google should receive commission for in add purchases in disney's app, the giant has said the measure is temporary and only valid by legal proceedings against it

play out. google earlier charge developers like disney are 15 to 30% fee for in app purchases but a lower service charge of ii to 26% but a lower service charge of ii to 26% was introduced after anti—trust directive ruled against the company and forced it to allow third—party payments on the play store. disney was among the most high—profile companies that challenged google�*s billing system arguing it was willing to remove the app didn't comply. but it is one of a doesn't companies who have mounted a legal challenge over theissue mounted a legal challenge over the issue arguing that google�*s new billing system was just a cloaked version of its early one. experts say the new ruling poses a significant challenge to google�*s payments business model and comes on the back of a $275 million fine charge by india's competition watchdog for abusive market dominance and anti—competitive conduct.

the fifa women's world cup kicks off today in sydney and auckland with australia against ireland and norway the tournament will last a month and draws teams from each continent. our business reporter this morning katie silver has more on the story. there is a lot of enthusiasm about what this might bring for the future of the about what this might bring for the future of th are supposed to tonight's game are supposed to be held in the sydney football stadium, but they had to move after 80,000 tickets were it after 80,000 tickets were sold. people are desperately trying to buy tickets on the market and it is second—hand market and it is generating a lot of enthusiasm for the sport as well as the idea it may to more idea it may lead to more investment going forward. this is something i the is something i spoke to the coach of their women's football team, the sydney fc, the biggest and most important club in the country club level. he said it is going to lead to a huge investment going forward.

take a listen. it will be enormous for australian football. in time, football. in the short time, there is ticket sales for the kids and parents coming to the game so the stadiums will be kids and parents coming to the game 5 terms .tadiums will be kids and parents coming to the game 5 terms of diums will be kids and parents coming to the game 5 terms of longer vill be kids and parents coming to the game 5 terms of longer term, full. in terms of longer term, hopefully more fans coming to the games, the air leak and more sponsorship that comes into the game, which means it can go back kids in can go back to the kids in terms of infrastructure which is huge as well. did we see that when the lionesses won the euros? i think there was a game with chelsea and arsenal with 70,000 people. it's huge. you can see on social media everywhere. sam kerr was there. you're on the coaching staff of the matildas ten years ago what have you seen in ten years? obviously, quality has improved.

matildas as a brand has been huge. everyone knows matildas and sam kerr. the amount of pay they get's increased, they travel first class now when they go away. just little things, but an enormous change. to get what they deserve. we're going to see that going forward. much excitement about what this is going to bring for the sport. we've also seen around the city huge advertisements both for the cup as well as for the sponsors. no doubt generating more income. it's one of the most hotly anticipated films of the summer — barbie the movie. it's part of a wider business strategy by barbie�*s 0ur reporter dougal shaw has been speaking to their ceo. # close your eyes and find...

this is part of the strategy to evolve matell from being a company that was being... people who buy our product are notjust consumers, they are fans. and my heels are on the ground. feet? were you taking a bit of a risk with the barbie brand? in the film, they do make fun of barbie for being a superficial character, a bit naive. it's a big, bold comedy with heart. it's about self—discovery, empowerment and brings

0ur idea was to partner with the best in the business. when you do that, magic happens. you guys ever think about dying? do you think you really have enough brands to do that? we have one of the strongest portfolios of franchises in the world, a very diverse and varied with different demographics from barbie to hot wheels, and many, many more. the opportunity for us is to connect with fans in many different ways and continue to evolve our offering forfans. do you think mattel will still be making physical plastic dolls in ten years�* time?

we absolutely believe in physical play. physical play is here to stay, and the toy industry is growing. it's an important part of children's development. kids touch it, they hug it, they go to the bed as they are aspirational. the beauty for mattel, we can expand our business and that is the excitement we have in ourjourney. and that's it for this edition of asia business report. thanks for watching.

he was hooked on heroin from 14. , ., .., he was hooked on heroin from 14- i know — he was hooked on heroin from 14. i know them _ he was hooked on heroin from 14. i know them by _ he was hooked on heroin from 14. know them by the ad the diazepam, valium or xanax. the concern is people are buying them online thinking the pharmaceutical products. the latest figures suggest there were 61 wales were 61 drug deaths in wales involving these tablets. it is something that drugs charities are concerned about. the problem with these drugs, they are not real.— are not real. testing done here at this lab _ are not real. testing done here at this lab run _ are not real. testing done here at this lab run - many i health wales has found many drugs bought online are often not what they claim to be. in samples they tested five samples they tested contained something different to what they were sold contained something different to what they wr turned his life vinnie has now turned his life around and has been clean of

drugs out he can make by speaking out he can make more people realise the dangers of drugs them of drugs and of buying them online. for more stories from across the uk, head to the bbc news website. tonight, dan wooton speaks out. graduation proposal. gigi hadid was arrested and fined in the cayman islands earlier this month over cannabis possession. the 28—year—old and her friend were detained after the luggage was searched as they arrived on a private jet for a holiday they pleaded guilty in court and paid a fine but no conviction was recorded. legally in new york with a medical license.

some other stories for you now, presenter, dan wooton, has denied criminality in relation to allegations against him. some reports claim he offered media colleagues money he said on his tv so he has made errors and next up, police in nevada have confirmed they carried out a search warrant this week in connection with the unsolved killing of rapper, tupac. detectives carried out a search at a home in las vegas where he was gunned back in september 1996. they didn't provide any more details of the search, no arrests have been made and no suspects are currently in custody. and finally, there are more soaring temperatures across southern europe, north america and asia. wildfires are also ongoing in greece and the swiss alps. warnings do mean the heat poses a threat to everyone. proposal at newcastle uni. her boyfriend proposed to her. luckily, she said yes.

no, don't you reckon? and you're all caught up now, see you later. hello and welcome to sportsday, i'm betty glover.

new zealand and australia get ready to host the biggest