tv Business Today BBC News January 22, 2025 3:30am-3:45am GMT
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for months, even years, openai, the maker of chatgpt, has been raising finance to build the massive computing power, data centres that its artificial intelligence technological needs. in the past, its part in the project has been microsoft which is also its largest shareholders. now, openai is bringing other major backers on board. at the white house, oracle and softbank appeared with president trump as he announced that they will enter a joint venture with openai called stargate. stargate will initially open a data centre in texas and be open to other investors, mr trump claims the deal is evident of his success in building america's ai infrastructure. claims the ceos were obtained to endorse. this monument undertaken is a resounding declaration
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of confidence in america's potential under a new president. let me be a new president, i didn't say what they did. so i appreciate that, fellas _ we wouldn't be able to do this without you, mr president - and we love that we get to. thank you, mr president, we couldn't do this without you. it was suitably impossible. the ambition is for stargate to raise up to $500 million for data centres over the course of mr trump's a second term. one of his first actions on taking office in 2a hours earlier, was to resend his predecessorjoe biden�*s plans for artificial intelligence. let's get more now on some of the other news coming out of the white house as during donald trump's full first day in office. the president has said he's open to close—ally elon musk buying the wildly popular short video app tiktok. on monday, he signed an executive order to delay the enforcement of a biden—era law that forces tiktok�*s owner to sell its us business or be banned. mariko oi has been following the story. mariko, does this latest
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comment come as a surprise? yes and no because if you rememberjust last week, there remember just last week, there was rememberjust last week, there was a report in bloomberg news agency that say that chinese officials may be interested in selling tiktok to elon musk. at the time, tiktok flatley will get out, telling the bbc that it shouldn't be expected to comment on pure fiction. the report said chinese officials, not tiktok�*s, the link that tiktok has repeatedly denied and interestingly, on monday, china's foreign ministry also changed its tone saying that private companies can make their own decisions about selling or merging so basically, reversing their previous comment that it opposes tiktok being sold to a foreign buyer. meanwhile, mr trump who was the first want to called for a ban of tiktok during his first term, he was asked whether his open to it must combine tiktok and this is what he said. i would be if you wanted to buy
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it. so what i'm thinking about saying to somebody is buy it and give half to the united states of america. half and we'll give you the permit. and they'll have a great partner, the united states. mind you, we don't know whether elon musk is interested in buying tiktok and there are other interested parties as well. most notably, mr beast a famous youtube and content creator, he posted last week on a desk that he was interested in buying tiktok, found it a bit like a joke but then since then, his lawyer has confirmed thatis then, his lawyer has confirmed that is quite serious about it and on monday, he posted a video apparently from his private jet saying that he was on his way to make a final bid to buy tiktok so we will find out what happens to that but meanwhile, other rival social media platforms like instagram and x, they have been scrambling to rule out a feature, hoping to lure the content creators while tiktok continues facing this uncertain future. ., ., .,
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president trump is also considering a 10% tariff on goods imported from china from the beginning of february. trump said the move would be in response to fentanyl being sent from china to mexico and canada. the president has yet to announce any new tariffs but he hinted at imposing a 25 percent duty on canada and mexico as early as february 1st. with the threat of new tarriffs — many countries are now working out how they will approach economic relations with the new administration. tomas philipson, is the former acting chair of the council of economic advisers under trump — he explains how he would advise trade partners on how to deal with the new president. the real issue is actually, they're willing to forgo trade with the us and that is very unlikely, particularly on neighbouring countries way this thread has now being imposed in canada and mexico, canada has about 80% of the exports going to us, mexico is about 65% so they cannot afford a trade war
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which is, pretty clearly understood essentially. so the question is, how did they deal with the possibility of not that they such an economic kid, most likely what will happen, they will fall in line, the threat is out there now is because they are not securely boarded. the border to the us which is one of the president's main objectives, you know, predict we will see a lot more pressure on those two countries. away from president trump — earnings season is in full swing in the us, with netflix reporting its results for the october to december quarter. the streaming giant outperformed analysts expectations by adding a record 18.9 million subscribers during the holiday period. those numbers were helped by a whole batch of new content, with two back—to—back nfl games, ajake paul vs mike tyson boxing match, and the return of squid game. jonathan giegengack is founder and principal at hub entertainment research — he gave his reaction this record quarter.
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i was shocked at how many subscribers they added. you mentioned that there was a most evenhanded in a quarter but it's important to remember the last time they set a record dring covid when everyone was forced to go inside and watch tv. the table to best that in 2025 when there was no pandemic going on and when they have a lot more competition, of the streaming platform and they had back then, i think it's really, really impressive and exactly what wall street was looking for. what do you put it out to? you mentioned several things, they have a good sleep of the content but the thing that truly paying for them is the best they had made on sports and online event so you mentioned the tyson—paul fight, they had those two nfl
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games, they've had some award shows and take the international sports content and taken market outside the us which some of the broadcasters you have more difficulty doing. and the biggest reason is that it's really unique content so, netflix has lots of regional show but so does every of streaming platform but if you want to watch the nfl, there is only one of those and wwe, only one of those so i think now they've lived on a good job at creating a destination and event destination for lots of their current members and lots of people that haven't had reason to assignment. you see things go from strength to strength, other competitors going to make a dent then? they are continuing to lengthen their lead and the bigger the lead gets, the harder it is for everybody else to catch up because they have the scale and the number of subscribers that gives them a much larger revenue stream
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against which defray all the costs of this continent getting more and more expensive especially when you look at the cost of sports rates which is something that all the sports rates are now so i do think that the other competitors have their work cut out for them and also think we will see a symbiotic relationship where other companies took all the content back from netflix and start that to netflix again. some of the competitive edge begetting a revenue stream by putting the shops and the platform that is a skill that they just cannot compete with. quick thoughts on take and trump when it comes to streaming. i think it'll be a big year for mergers, a lot of big companies that are at bargain basement prices, a lot of big tech companies that have bottomless wallets to buy things with them will find an administration that a lot more lenient about these kinds of mergers so i think we will see a lot of consultation going through 2025. to davos and former football star david beckham is making his debut at the world economic forum. he was awarded a humanitarian
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award for his work with the un childrens' fund unicef — and spoke about the importance of his charitable work with children. the bbc�*s economics editor faisal islam caught up with him after the award ceremony. it's incredibly humbling to get an award for something that i've been so inspired by over the years, you know, working with unicef is one of my most important things, most important aspects of my life so to receive an award for something that i enjoy doing, i get inspired by is incredible. it's my first time at davos and to be here for a couple of days or this whole week that people are here, that leaders are here, that very important people are going to behere this week that can make change, for me to be here for the voice of children is really important. before we go, a recap of our top story and on his first full day in the white house donald trump has beenjoined by the bosses of openai, oracle and the japanese investment fund softbank. they have announced plans for a huge new us artificial
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hey, i'm lucy with the catch up. tonight — trump's back in the white house, elon musk faces backlash and a deadly fire in turkiye. it's donald trump's first full day as president for the second time, so let's talk about what he's done so far. he's pardoned many of his supporters who were arrested in the capitol riots in 2021. he's asked for the cost of living to be addressed. he's declared the es will only recognise two sexes — male and female. he's halter diversity equity and inclusion programmes. he signed off on withdrawing from the paris climate agreement. and on the topic of the climate and fossilfuels, here's what he said. i will also declare a national energy emergency. we will drill, baby, drill. there's been outrage over a gesture elon musk made at donald trump's inauguration. he made this one—arm gesture during a speech celebrating trump's return to office. lots of people on x have competed to nazi salutes. elon musk posted this response on his account.
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and in other news, dozens of people have been killed in a fire at a ski resort in turkiye. at least two people died after trying to jump to safety. over 200 people were staying there. and we knew some of the news tonight's been heavy so we though we would leave you with ten seconds of something a bit lighter. it was announced that these baby pandas will make their public debut in hong kong in february, day after they turn to six months old. and a public naming event is being called to decide what to call them. that's us. have a good one.
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hello and welcome to sportsday hello and welcome to sportsday with me gavin ramjaun. with me gavin ramjaun. a thriller in the champions a thriller in the champions league as barcelona comeback league as barcelona comeback to defeat benfica in the final moments. to defeat benfica in the final moments. alex hartley says she has been alex hartley says she has been given "the cold shoulder" given "the cold shoulder" by england players by england players at the women's ashes because of comments at the women's ashes because of comments the former spinner made the former spinner made about the team's fitness. about the team's fitness. and we're in rome for and we're in rome for the launch of this years the launch of this years six nations with ireland six nations with ireland starting their bid to defend starting their bid to defend their back to back titles. their back to back titles. raphinha pulled one back, hello there, and welcome along to the programme. and one place to start, and that's in the champions league, which has seen a real rollercoaster of a match, between benfica and barcelona. it looked as though barca were heading for defeat on a rainy evening in lisbon. they were 3—1 down afterjust half an hour, vangelis pavlidis scoring a hat—trick for benfica.
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