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tv   Business - News  Deutsche Welle  April 5, 2018 1:15pm-1:30pm CEST

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is going to. tell you no good today nothing would change you know the banks the money and so watch the language of a bank running. for speaking the truth global news that matters g.w. made for mines. every journey begins with the first step and every living creature the first word and which can be called the cohesive germany to germany.
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why not. it's simple online on the role model for a. soft. d w z e learning course speak german may be seen. as all much worse over and facebook social media. over thirty million viewers a profile is more than previously thought have been compromised in the recent data breach or get the latest from our tech correspondent. also on the program the united states dials down its regarding pure dish tariffs against china starts around me on the hope that a trade war could be canceled after all and a new fast train link could prove to be a real game changer for people. traveling from london to amsterdam. this is
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a business on first of call the welcome over tens of millions of users more than previously can't lamed are affected by the recent privacy scandal at facebook the social media network revealed that eighty seven million profiles may have been exposed in the cambridge analytic got data grab facing the worst crisis and its history facebook now says it will restrict the data that other parties can use. it is potentially the worst privacy scandal involving any social network and facebook has admitted its role on its corporate blog in a post the social media giant reveal changes to its privacy policy it also released figures about where users affected by the cambridge analytical privacies gundel came from the us was the most affected but millions elsewhere those whose data may have been improperly shared after the u.s. uses in the philippines indonesia the u.k. and mexico are among the most affected we can focus enough on preventing it and
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thinking through how people could use these tools to do harm as well and that goes for. foreign interference election beach in addition to developers and data privacy . we're going to take a broad enough view of what our responsibilities and i was this huge mistake it was it was my mate. and this date that marks second birth will have to answer for in front of leading lawmakers in the u.s. on april ten and eleven the social media giants the whole will be testifying before the u.s. congress he will likely talk about how facebook uses and protects user data and its plans to limit user data accessible to other companies but with the social media giant not changing what it collects and shares some lawmakers may not be satisfied . so there is a lot to unpack here with me in the studio is my colleague to ponder general who.
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initially facebook said fifty million users were affected by this scandal now it says it's eighty seven million years how did that number change well obviously facebook didn't know how many people were affected all wasn't willing to say it at the beginning and that's what happened so obviously everybody is getting to find out the extent of this privacy breach if you can call it that. the fact is that facebook has also said that the two millett two billion users on facebook can assume that they are data has been perhaps compromised at some point and so that's something that could affect anyone who is on facebook right now that's certainly not good news while facebook and veiled a new privacy policy trying to explain more clearly to users the data that it gathers but it doesn't actually change what it collects and shares in light of the scandal why not why not well i think obviously the people at facebook can explain that better but experts broadly say that's the you know the bread and butter of
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apple's business strategy to date the fact they have oldest data and that they can actually share it with whom ever they want and in this case of course something went wrong because the people who had they had trusted to maybe not take this data where doing just exactly that and that's what they're trying to change and now there's obviously been a lack of oversight you know from facebook. in with because we've trusted them with our data for those on it anyway like myself and that's been the main issue here is really a major trust issue at this point as well and what have been reactions to this most recent revelations well of course a lot of people are just socked by the numbers. report here in germany if anyone don't download the app associated or linked to convert analytic sixty five people don't know that in germany but apparently three hundred thousand people may have had their information compromised in one way or the other through those sixty five is that we're going from that assuming that by thousand people you know more
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may have an effect from each one person so one thing leads quickly to the other exactly ok what can facebook users do now about this whole issue well on april ninth which is the coming monday facebook is going to publish a link and that will allow users to know first of all of the wealth effect by the original article scandal and then of course they can also get information about which apps are accessing their information at this point and change that so that's something that everybody can wake up to do on monday morning on a monday that is exactly what we have to wait a few days it's about time some people might say to ponder to thank you so much. u.s. officials have signaled possible wiggle room in the trade spat with china u.s. trade secretary wilbur ross said he would like to reach a trade agreement with china soon and the president's economic adviser larry kudlow questioned whether the announced terrorist whatever take effect stock markets in
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the united states europe and asia posted gains on the news. earlier i asked the german economic institute who would have to back down first for this dispute it . well with difficulty. i think to donald trump and his and administration know try to maneuver themselves into a negotiation position with china on this topic go for an intellectual property property rights and threatening terrorists is one of the options to negotiate this and might this have just been the right strategy here i mean because there haven't been other countries that have been lamenting china's trade practices and the theft of intellectual property so is it could this be the right way to go this strong and aggressive position well i think diplomacy would be of use the better because if you threaten something and nothing happens you have to fulfill your threat in order
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to be credible so this threatens the trade war. potentially global skate and this is really dangerous also obviously for the export oriented german economy so it's a dangerous way to walk right i mean you mentioned germany here it is a big trade partner both with the united states and china is there the the danger of germany being crushed in the middle here well obviously the. trade negotiator trade tradition ship between china and the u.s. is direct germany is not directly involved but if there's a trade war if there was a trade war obviously germany would be affected because growth would decline in china and put potentially over the medium term in the u.s. as well and both are important export partners of germany and of the united states not only has a big trade deficit with china but with germany as well do you think do you feel
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that pressure on german foreign trade or foreign trade will increase further down the line. well we heard already some indications of that donald trump has already threatened to impose tariffs on german automobiles. well this hopefully is only a threat so far as also the steel tariffs now are. exempted from them at least for the time being so i think as i said in the outset donald trump tries to threaten to put threatened threats into the room in order to get in the ocean position as far as europe is concerned he also wants the european union to increase the defense spending for his for instance. of the german economic institute thank you for insight. spanish police have arrested former h.s.b.c.
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employee adam ate five chani after he was convicted of industrial espionage in absentia the man who claims to be a whistleblower johnny fled to geneva with files that were later leaked to the media they were allegedly proving tax evasion by h.s.b.c. clients is accused of an authorized acquisition of data financial espionage violating swiss bank and business secrecy rules. now this connection could be a real game changer the first direct train from london to amsterdam has completed its maiden journey it took less than four hours now rail service operator eurostar hopes its new route will entice boast both business and leisure presenters to switch from air to rail travel from city center to city center just as fast as fly . the platform at london's simpang chris was mostly filled with officialdom just before the first amsterdam bound euro study pondered
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a low small party of tourists also managed to get on board for an on time departure . the london amsterdam route is yours does first network expansion since one thousand nine hundred ninety four when the trains began connecting various cities in france and belgium the amsterdam service is aimed at passengers who would normally fly. look at our experience in other markets in paris and brussels seem to the customer doesn't value an alternative that we see them or which is the airlines having a stranglehold on this marketplace so what customers are given to the city center to city center the fast service with great trains you know with wife board and great at the table the response we get is yes. customers do take it up the first train to amsterdam made it almost on time but return passengers to london face delays due to a train change in brussels the u.k.
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is not part of the e.u.'s passport free shipping in zone and right now there are no separate international boarding areas in amsterdam and rotterdam making passport control in brussels a must for u.k. bound passengers. but if you get to see some nice countryside along the way it might just be worth the trouble that's our show for now for more simply follow us on social media check out our website that's t w dot com slash posts for now thanks for watching and here's a look at how world markets are trading at this hour. cut cut cut cut cut cut cut cut.
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cut. cut cut cut cut cut cut. cut cut. cut. cut. cut. cut. by linux as an supergirl or weapons are a guitar templates and shortly she's fighting against drugs for a second. about half of all u.k. residents want britain to stay in the area you know so much is not about to quit she believes in miracles and superpowers. to douglas.
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enter the conflict zones fronting the powerful this week on conflict zone i mean somebody to talk to rob to come back six months myself took his moving club to be a k.p. she speaks full apology on soon as the government assumes military operations in syria and continues to crack down on civil liberties. just principles. in sixty minutes p.w. play. the home for saving global until does tell stories of creative people and innovative projects around the world. to protect the climate and green energy solutions by global ideas mean by a new series of global three thousand on d w and online. w. true diversity. where the world of science is at home in many languages.
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on the top program to go and bury me. now with our innovations magazine for any. of us from every week and always looking to the future w. dot com science and research. oh and a very warm welcome indeed to focus on europe with me peace at craven now right wing populist setting the agenda in many european countries there and see migration and see islam and and.

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