got to go and insists he is innocent and accord in tokyo the former nissan boss fully denied accusations he committed tax fraud. also on the show as officials from china and the u.s. continue their negotiations in beijing will see how american companies are trying not to lose valuable chinese customers because of a trade war. and the c.e.o.'s electronics show in las vegas looks into the tech future despite the global trade dispute. it's time for business on the w how you know it's good to have you with us got to go on was considered a legend in the automotive industry seen as a visionary and credited with turning nissan into a powerhouse that was until he was arrested charged with financial crimes two months on he's now finally had his first hearing in court but his lawyers say it could be another half year before his case goes to trial. cameras ready

they were waiting but carlos gone never had a chance to make his case to the media a police bus delivered him to the talk your district court handcuffed and with a rope around his waist. was described as thin he is set to last more than ten kilos over his last two months in prison the charges tax avoidance and under reporting his salary in documents prepared for investors. and you knew coming out of the mr going concluded his statement saying he is innocent and there was no evidence or grounds but his been wrongly accused and detained him and he must. industry sources have long speculated whether the charges against poland were real or whether there was foul play go on has forged an alliance between french comic of the north and japanese competitors new sun and mitsubishi for years he has been criticised for giving it an all too much power within the group some in the

industry say the future of the company is at stake. let me have that and yes there are three possibilities for the future of the alliance there's the status quo but that seems difficult to envision today they might go further into the alliance with an outright merger or takeover of one of the two companies all will see a rebalancing but today who can say what will happen perhaps we have reached the limits of this alliance as it was conceived at the beginning that. now carlos gone is out at both japanese automakers he is still chief executive of. corporate news now and in an ever changing leadership position amazon has now surpassed microsoft as the most valuable publicly traded company in the u.s. it's a further sign that a seesaw stock market continues to reshuffle corporate america picking or. really let loose volatility on global equity markets has seen technology and internet

stocks jockeying for leadership for weeks now but shares in e-commerce behemoths amazon jumped three point four percent on monday on data favorable to retailers that pushed it ahead of microsoft by market capitalization so amazon is now the world's largest public company where seven hundred ninety seven billion dollars more than the g.d.p. of switzerland that now puts microsoft in second position after the shuffle. alphabet the parent company of google is now in third and apple which topped the list for years has slipped into fourth place the i phone maker had a market capitalization of one point one trillion dollars only last fall but shares nosedive last week when it lowered its sales outlook based on we could a man in china and speaking of tech giant samsung delivered disappointing earnings

figures on tuesday as it reported a big drop in profits they were down by nearly one third in the last quarter the first straw up in two years the south korean smartphone maker is now facing tough chinese competition while demand for its components has softened and the trade tensions between the u.s. and china samsung also warn that this this this quarter won't live up to its projections. meanwhile american and chinese representatives are continuing their discussions about trade relations the stakes for companies from both sides are high goods from chinese mass production have long conquered shelves of western electronics and toy stores and in china u.s. brands like starbucks gillette or nike have to vote at customers now the ongoing dispute among political leaders could erode the loyal base with unforeseen consequences for business. the chinese buy more consumer products from america than they do from any other foreign country including japan and south korea american

brands have grown to be such a status symbol in china's growing middle class that many cannot imagine life without them. young could imo trade between the two countries has reached far and wide and people in both countries cannot live without the other nations products the us cannot live without china and china cannot live without us products either. but that sentiment is tempered by the growing popularity of chinese made products which often cost only a fraction of the u.s. competitor. to. its agreements cannot be made i'll have my own preference of choice in terms of famous brands of us close to me their prices are already pretty expensive if trade agreements are cooperation cannot be made i will prefer to buy our local brands instead. yeah. but at the moment china remains vital to many u.s. brands that could give china the upper hand in this week's negotiations with

american trade representatives who cannot afford to have the chinese stop filling up on u.s. products. all right let's take a deeper look into these negotiations for that i'm now joined by our financial correspondent on wall street has a reason and reason good night to you now investors had been rather skeptical these talks would make a big difference and yet we are seeing the markets rather higher why the optimism. well here we needed to keep the mind out for a while we saw no advancement at all in trade negotiations i've heard also we've increased. from both sides and constant criticism from tromso somehow is refreshing from our new best to return perspective to see the u.s. president claiming that the talks are going very well while negotiators seem them to be more when there are differences and that said even progress has been made on issues including protégés as u.s. goods and services differences that remain one main challenge is figuring out how

to make sure we fulfill its could mean the men say especially when it comes to issues like pressuring foreign partners into transferring technology against their will protecting intellectual property or don't subsidies made by the government towards domestic companies and all of these issues that you mentioned also affect tech companies they are however recovering from recent losses including apple can we expect these ups and downs we've seen to stop. i think it's a very to say the volatility especially among the tech companies is here to stay but discerning to an experience to words. to those on a team also cheap into the third into stocks so now we are seeing some investors taking advantage of it that said in the case of awful for example troubles with softness the i phone sales probably will continue saying these consumers seem to be favoring local brands but it also indicates all facebook golf and or amazon we can still not rule out some regulation coming from washington especially when it comes

to protection or even trying to break up some of their operations to reduce its power and influence so as for now though it seems the biggest tech stocks are experiencing a comeback but there is still have to prove it's here to stay and we're only at the beginning of this week thank you very much as a result of giving us the latest from new york. and we stay in the u.s. from the other coast to us vegas now where the first big tech event of the year is taking place whether self driving rolling or self walking it's all there at the consumer electronics show a growing number of traditionally non tech companies have also set up shop at c.e. as trying to give their product line a digital make over. i catching self driving cars connected to the driver's home device is one of the trends last week that he wanted and for b.m.w. an opportunity to go the extra mile presenting its driver less motorcycle for the first time in public the more we think there's going to be doing and for is

certainly a motorcycle that's connected to marvin but it also helps writers be better writers and also safer writers the stuff lee can be the main thing behind us kids robots a rubber clone for the folder i share of electric skateboards smart beauty devices it's one of the biggest tech shows featuring startups alongside to establish companies c.s. is expected to draw more than one hundred eighty thousand visits most hoping for a chance to see the kind of tech likely to dominate consumer suggest that the themes we expect to emerge this week are artificial intelligence you'll see a lot of products powered or enabled bit by ai meaning that voice recognition and facial recognition things like that five g. connectivity which is one hundred times faster than four g. l.t.e. with forty five hundred exhibits worse the show is expecting from our program for. today and the overall by tends to be optimistic on the tech can solve problems

that's what the industry's message seems to be this year in the sequence. but still of course the c.s. is taking place against the backdrop of the u.s. china trade war and its potential to cause harm to the tech sector earlier i asked u.c. santa of their strategic communications director of the consumer technology association the organizers of c.b.s. whether that is actually weighing in on the atmosphere there. we're having day one today and the mood is exciting it's thrilling it's the opening day of the show we have over four thousand attendees at four thousand exhibitors one hundred eighty thousand attendees coming so the energies here. trade is always going to be a topic of mine because no one likes the uncertainty of paying extra taxes for their products and though we're aware that the tech industry is going to pay one billion dollars more every month in a trade war is resolved to china the full c.s. and full circle we have studs of exhibitors here and the energy is very high. we'll

follow it along that's it for business to buy. the.

hijacking the news. more are going wrong the news is being hijacked journalism itself has become a scripted reality show it's not just good vs evil us vs them why and why. in countries like russia or china or turkey people or toluca and if you're a journalist figure and you try to give me on that you are facing scare tactics intimidation. and i wonder is that where we're headed as well. my responsibility as a journalist is to give me your arm to smoke and mirrors it's not just about me prayer and balance or be neutral. it's about being truthful. when he was born golf and i were getting up. i was issued when i arrived here i slept with six people in

a room. it was hard. i even got white hairs that. language head telling us this gets me and they go but it's mickey took in truck loads of say you want to know their story might spur fighting and reliable information for margaret's. germany state by state. the most colorful. the liveliest. the most traditional. find it all at any time. check in with a web special. take a tour of germany by state. on g.w. dot com come.