tv Business - News Deutsche Welle August 8, 2018 1:02am-1:15am CEST
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sanctions i don't think so the exodus of foreign companies from iran begins with renewed view with sanctions taking hold. facebook tries to explain its way out of what sounds like the next data scandal involving banks. and the digital dumpster how it's them is unclogging city streets with smart bids. lets do business actually doing business with iran just got tricky. many multinationals do business with both the u.s. and around the president or trump says it's either or. european companies are in a tough bind washington says firms that do business with iran will be excluded from the u.s. market the e.u. has responded with legislation that bans european companies from complying with the
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sanctions brussels sent a clear signal. we believe that it is and it has to be up to. the europeans in this case to decide with whom to trade with major corporations like air bus undying decided to quit operations in iran instead of risking sanctions themselves but medium sized companies cannot afford to give up the market and brussels is still hoping that washington won't proceed with sanctions twenty you companies can is the softness the money the hope is that americans won't sanction european companies or otherwise disadvantage them but the more they do that the more we have to protect our business with credit or investment guarantees which of treats. could it got in it's gotten t. in the new you law provides recourse to any european companies hit by u.s. sanctions but even if they can claim compensation for any losses incurred many of them are still stuck between a rock and a hard place. more on that let's go to
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a correspondent on wall street. sophie how much of a further strain will this be on transatlantic ties in your opinion. well i would say a lot at the moment the other countries all faced tough decisions now on whether to continue trading was tehran and risk u.s. penalties or to fall in line with the charm but ministration before sanctions on oil are due to take effect in six months the white house's policy has faced a lot of resistance from your of friends germany britain they all want to preserve the iran do even without the united states so now the e.u. is trying to get exemptions for domestic companies and it is not clear yet if the white house is going to agree the u.s. treasury said in a statement that the sake of argument would evaluate and make determinations with respect to a significant reduction in exemptions but companies seeking such exemptions were
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advised to reduce the volume of their crude purchases from the iraq during the one hundred eighty day wind down period critics are saying now trampas estimating the situation for basically everyone for basically every country involved in it would you say it's clear that. what the u.s. government ultimate goal in sanctioning iran is. i think that's hard to say clearly washington is intensifying the pressure on iran let's hear what the national security adviser had to say john bolton said the administration's approach to iran and by the way north korea was the same maximum pressure on both governments to give up their persecute to live rubel nuclear weapons but a woman left to talk to see if the needers are going to find a way out and a side effect with a big impact would be a rise in oil prices and supply would become more scars left iranian oil in the
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market maybe american oil producers would benefit but all in all this is just part of triumph way of negotiating with other countries with pressure being brought up being the elephant basically in the china shop off international diplomacy and main quite a mess that shop so future matzke thanks for your analysis. trading on tesla stock was told to choose day following a tweet by its c.e.o. do you know musk roach he plans to take the electric company private and has secured the funds to purchase it four hundred twenty dollars a share what about you the company at seventy billion dollars just like shares surged by eleven percent before the trading hold lost is under pressure to prove he can turn around the loss making operation going private would allow him to circumvent scrutiny by the market and regulate. facebook continues to cause concern about how private doctor is the reports the sprawling media company has been trying
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to get its hands on out by county tests. the dust is yet to settle on the facebook cambridge analytical scandal in which the data of millions of users were harvested to further political agendas and now facebook wants to collect detailed information on bans clients to broaden its range of services and increase user engagement on its messenger app which has one point three billion users the wall street journal says facebook has approached several major banks including j.p. morgan chase and citigroup but many of them have turned it down they don't want to pass client account data on to facebook facebook has denied its asking banks who clients account data it says it simply works with banks to offer uses a connection to check their account balance or chat with the back. editor in chief at motherboard deutschland mucks joins us now. and what should we actually
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believe this time i do remember that last battle it wasn't all that long ago true true we keep talking about facebook on this show right well i think we have to remember that knows such thing going on as a facebook representative and a banking representative meeting in a dr raj and exchanging secret of hard drives. no dodgy video it's not really about what the a wall street journal headline kind of suggests that facebook is giving access to their users and then asking for the banking data of the banks and it was especially only what u.s. banks they don't know all of our banking history by now what this is about though is facebook trying to become more and more of a platform where you do all your daily dealings on banking and financial transactions honestly one of those so does want you to spend more time on the platform so they get more of your data so we would need our bank details at the end of the day wouldn't it whether or not from the banks all from us but i guess it's
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the point that they have to ask us and our banks exactly well interestingly we're talking about facebook messenger which is process a. that's not been talked about so much but it is one of the essential tools when it comes to product development and they already have a feature called marketplace we can purchase things and so it's only natural for facebook to try to do more with messenger and if you want to opt in on messenger was. doing yo yo financial dealings on on messenger then yes you will end your banking details you will enter what you do on your bank account and then facebook will know that so actually getting your history of banking transactions not that interesting for facebook but having a perspective to have your data that there is a natural development if you were to opt in yes it sounds like what they're trying to do is copy the chinese apps that have mustered this system of retaining customers and making sure they stay in that one app and do everything to pieces
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telephone with friends and update their bank accounts yeah you probably referring to one of the most popular chinese apps called we chat and i think the silicon valley has been doing this all along if you remember for example amazon it started as a book company and now they sell everything what do they not sell so facebook is just following that same strategy of trying to become an integrated platform for everything and yes that should concern data privacy as well and everyone who wants to use facebook should have that in mind. it's not that simple as with the chinese model because facebook is not as they state related company like. to thank you very much for coming in extremely interesting stuff thank you. if you're further through amsterdam you'll know it's like a game of super mario brothers you have to have one foot on the brake at all times that there are all sorts of digital solutions to the traffic. amsterdam is doing everything it can to prevent cars from driving into the city center the traffic is
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still a problem that's because it's not just cars filling up the streets as a garbage collector robert slow but explains. itself the situation in amsterdam has just gotten worse with the increasing number of tourists you've got to be even more careful. with so many street cars taxis cyclists and pedestrians on the road it helps to keep the number of trash collecting trips to a minimum so these garbage trucks only go out as needed when the underground bins that store residents trash throughout the city are full but how do trash collectors like robert know when these bins need emptying. he can see it on his tablet it's link to sensors inside the trash bins and calculate the most efficient route before he sets out that. work has gotten a lot easier in the past ten years we used to collect garbage bags and throw them into the trucks now we operate a crame we don't get dirty and we're
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a lot more efficient. we were assured that. this is still a pilot project but because it's so successful the plan is to use the system across amsterdam leonia viren from the city's public works department is now looking for a company to carry out the job which offers many benefits. then all the big and the amount of garbage varies. for example in the some others less of it he says and we can also let our people take vacation. planning is especially important since we don't have enough garbage truck drivers. the plan with a debate over a may. roberts work has been truly enhanced thanks to artificial intelligence. you know ten years ago i couldn't have imagined that i'd one day look at a tablet to see how much garbage is in containers. and so today you know with jobs
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time for an upgrade. funny clothes all buy. a house with no roof. or design highlights you can make yourself. tips and tricks that will turn your home a special. upgrade yourself with t w interior design channel on you to. cut. hello and welcome to kino favorites now you might think the us would have the edge when it comes to crime and suspense and that germany wouldn't even get a look at.
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