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 of confidence in america's potential under a new president.

let me be a new president, i didn't say it, they did. so i appreciate that, fellas _ we wouldn't be able . to do this without you, mr president and i'm i thrilled that we get to. thank you, mr president, we couldn't do this without you. it would simply be 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 comment come as a surprise?

just last week, there was a report by bloomberg saying that chinese officials may be interested in selling tiktok to elon musk, at the time, tiktok flatley ruled that out, telling the bbc that it shouldn't be expected to respond to pure fiction as they called it. tiktok has repeatedly said that it's not up for sale. interestingly, on monday, china's foreign ministry has said that private companies can make their own decisions about selling or merging basically reversing their previous comment that it was opposing the sale of tiktok to a foreign buyer. meanwhile, mrtrump who was the first want to coal for a ban of tiktok during his first term, he was asked whether he was open to elon musk mine tiktok and this is what he said. i would be if he wanted to buy 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, very famous youtube and content creator for tiktok. very famous youtube and content creatorfortiktok. he very famous youtube and content creator for tiktok. he posted on eggs last week that he was interested in buying tiktok but he sounded a bit like thatjoke and since then, his lawyers has confirmed that he was can serious 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�*s we will find out what happens to the pub meanwhile, all the rival social media platforms like instagram and x have been scrambling to all out a new feature trying to law those content creators while tiktok continues facing its uncertain future. ., ., , continues facing its uncertain future. ., ., ., . , ., future. have to watch this one, thank yom _ 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. markets in china have dropped on the news, with the hang seng index down over one percent. --1%. president trump has yet to announce any new tariffs but he hinted at imposing a 25% 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 where 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 which is, pretty clearly

understood essentially. so the question is, how did they deal with the possibility of not that they such an economic kit, most likely what will happen, they will fall in line, the reason that threat is out there now is because they are not secure border. 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. i was shocked at how many

subscribers they added. you mentioned that it was the most ever had 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 fact that there were able to best that in 2025 when there was no pandemic going on and when they have a lot more competition, a lot more 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 slip 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

games, they've had some award shows and it's an imporant thing to branch out to and get the international sports content and taken market outside the us which some of the broadcasters here have more difficulty doing. and the biggest reason is that it's really unique content so, netflix has lots of original shows 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 done 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 sign up. you see them go from strength to strength, would 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 against which defray all the costs of this content getting more and more expensive especially when you look

at the cost of sports rates which is something that all the networks are looking for 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 putting that to netflix again. some of the competitive edge but also getting a revenue strea m 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 things with and they 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 the world economic forum in davos and football iconn david beckham is making his first ever appearance at the event. the former england captain has received a humanitarian award for his work with the children's charity unicef. beckham said he was attending the event to be "the voice of children" and said his charity work was "one of the most important

things in his life". our 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 be here 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 intelligence infrastructure project that could see ioos of billions of dollars pumped

into the technology. and that's it for this edition of business today. thanks for watching.

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. 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.

hello and welcome to sportsday with me gavin ramjaun. a thriller in the champions league as barcelona comeback to defeat benfica in the final moments. alex hartley says she has been given "the cold shoulder" by england players at the women's ashes because of comments the former spinner made about the team's fitness. and we're in rome for the launch of this years six nations with ireland starting their bid to defend their back to back titles. 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. but the comeback was on — raphinha pulled one back, before another benfica goal. robert lewandowski scored a second penalty, before eric garcia levelled at 4—4. raphinha's 96th minute winner sealed an incredible 5—4 win for the la liga side and keeps them in with a chance of topping the group phase. it had been liverpool looking the most likely to seal their place in the last 16, as group stage winners, before that result came in. harvey elliott scored the second, in a 2—1 win over lille at anfield, for their seventh consecutive win in the competition. mo salah had earlier scored his 50th european goal for liverpool, for the opener. they're still top, but barcelona now still three points behind. elsewhere, atletico madrid moved third in the table — after beating fellow top eight side leverkusen. they had a man sent off early on too — julian alvarez scored twice, including a 90th—minute winner — in the 2—1 victory. wins also for atalanta, monaco, bologna, psv and stuttgart. let's hear now though, from the group phase leaders, it's liverpool boss arne slot.