and action packed life. anything's possible as long as an empty coffee and his friends can dream of his movie theater in kenya has done refugee camp. his life story may have ground to a halt. twenty seven years ago but there's no holding back his dreams. thank you for working cinema to adopt the sorts may twenty seventh on the t w. a i in new privacy features take center stage at the first day of google i o. the firm's annual developer conference for the search giant has some bigger issues to address. also in the show google and other tech companies like facebook facebook rowing demands that they've hit digital tax because they're a business case for it to talk about

a con of us who isn't in favor of such attacks. and diesel transport trucks are big polluters and germany is testing a new highway lane for electric hybrid trucks. welcome to business i'm stephen beard's in berlin google apple amazon and many other big players in the tech scene are facing harsh criticism for their tax avoidance strategies they're all making full use of loopholes and tax law and picking lower tax countries for their headquarters and the european commission has ordered apple and amazon to pay back taxes in the past but the e.u. has yet to agree on a block wide digital tax on average companies in traditional sectors in the european union such as car makers pharmaceuticals chemical manufacturers pay around twenty three percent or attacks tech companies by comparison like facebook or google they pay only about nine and a half percent tax on average in the e.u. that's why many countries such as france and austria are suggesting going it alone on a special digital tax. now we'll come back to that just

a moment but speaking of tech firms google's highly anticipated io developers conference has kicked off presenting a raft of shiny new offerings including new pixel phones and augmented reality for google search results but the the conference comes at a time of increased consciousness around privacy and security concerns take a look. at virtual shock on the stage during a demo and you tool allowing google lands to read out a text or sign and translated search bar information for cardholders all customers using in mountain view california the search giant showcased in three d. and the man to reality effect to make searching a much more meaningful and helpful we are moving from a company that helps you finances to a company that helps you get things done as positive message this year however the conference comes and meet the most tumultuous time in google's history with

a whole industry facing inturn no criticism regulatory concerns and blowback over privacy abuse and misinformation there is a lot at stake for google and even more to address for its c.e.o. . one of them privacy. we strongly believe that privacy and security are for everyone not just a few. but you know our work on privacy and security for never done and we want to do more to stay ahead of constantly evolving user expectations. convey the google community was excited about its new products and the new fast so google assisted but for that company the real challenge will be to keep growing and history experiencing mounting competition and growing criticism. designs and let's talk more about tech firms in taxation i'm joined now by clemens forrest president of germany's info institute where later today the international monetary fund will

present a new paper on this topic lemons joins us from munich suppose your institute is opposed to a digital tax why. the digital tax proposal is the unilateral introduction of a tax on turn over it is totally incompetent but with the international tax system so it is true that digitalization raises difficulties in the tax system but the digital tax proposal by the european commission is the wrong answer that's why we are against it and you are making the business argument here but are you losing the popular argument that is the one of inequality the people angered over tax dodgers and in the words of bruno lemaire front france's finance minister that they want fiscal justice. we're not making the business argument this is about the economy as a whole we have an international tax system that has clear rules on who taxes what and list tax system says companies are taxed where they develop their products

where their produce they are not taxed at least not through the corporate tax where they're sell their goods and the open commission alice says google serves its services in europe we want to tax those services the services are already taxed with a value added tax and now the european commission wants to introduce an additional tax this is like introducing a tariff and would lead to countermeasures by the us what we really have here is a conflict about taxing right so who has the right to tax google the it is primarily the us now the us allows google to avoid u.s. taxes that's the real problem here but this is not a problem the european commission can solve if the americans don't want to collect taxes from google that's that problem do you believe do you believe there is a case to be made for alternative forms of taxation however given this. argument of inequality and fairness there are other options besides a digital tax or they're not. absolutely so it is correct that tax avoidance by

multinational firms and digital print in particular tax for direct runs is a big problem these companies can easily shift their ip to tax havens because this is immaterial property and something needs to be done about that that's true but we need other measures in particular source taxes on license payments or other payments to these tax havens one big problem is that the european union is not coordinated so we have rules preventing individual countries from fighting this tax avoidance and we need to change those rules not introduce a new tax a tax by the way that would collect very little revenue or that. better than the revenue eight hundred million pajama ne less than five billion fall that you as a whole the digital tax doesn't solve the tax avoidance problem we need to reform the international corporate tax system to address that problem all right of course a lot of that will hinge on the political willingness of the e.u.

and other nations work together that was clinton's foes of the evil institute joining us live from munich we apologize there for some of the pictures problems with the pictures now onto other news speaking of taxes the new york times says president trump quote appears to have lost more money than nearly any other individual american taxpayer the paper says it has acquired tax records showing trump's businesses lost more than one billion dollars between one thousand nine hundred eighty five and one thousand nine hundred four and says that allowed him to avoid paying income taxes for eight of those years report comes the day after treasury secretary stephen the denied democratic lawmakers request for trump's tax returns saying the requests threaten taxpayer privacy. and over to germany were siemens says that it will spin off its gas and power division in an i.p.o. next year the former core division which employs forty four thousand workers has come under increasing pressure in recent years as many countries move to

a new book energy such as when solar power and the gas and power unit generated only three hundred seventy seven million euros profit last year making it seem as least lucrative division the company plans to focus on digital industries and smart infrastructure as well as its health and mobility unit. let's talk a little more about this with our financial correspondent frankfurt conrad who is a. misinterpret the market for the turbine business. to some extent maybe stephen but we also have to consider that competition in this business is so crass that sims seem has simply realized that it will never be able to reach the margins it used to reach in the past remember five years ago siemens tried in vain to take over the power division the turbine business of. a business that was then bought by general electric since then general electric is facing

enormous problems in many of its businesses and that means that in this competition when it comes to poet turbines general electric is operating in a way that sealants now says it simply doesn't want to compete with that's something that siemens had to address and of course general electric is not the only competitor here all of them he touchy for example to have to fight with overcapacity over capacities and shrinking margins conrad who isn't joining us there from frankfurt thank you conrad loud diesel guzzling polluting trucks are a common sight on german roads and the numbers are only increasing but a solution might be in sight germany has just opened its first electric highway for hybrid trucks testing the technology on both sides of a five kilometer stretch south of frankfurt the highway allows trucks to draw electric power from overhead cables it's the first such tests on a public road in germany and will run until twenty twenty two. and here's

a look at the new hybrid trucks that are operating along that test route. for andreas patterson electric trucks are nothing new he works for the swedish manufacturer scania which has been developing in building electric trucks for a number of years this new model gets its power from overhead contact lines using a pantograph. the silence there is a difference. when you turn off the internal combustion engine or go electric. you still have a little noise from the tires of course but you have no way of brazen and no sign sound from the days of that. there are five kilometers of overhead contract lines in each direction on this stretch of the outer band with tests on the way in northern and southern germany. this is standardized the highway they've all teachers the same all over the height is the same so this truck can also go on the swedish road and they can also go on the road saying. about it oh well

connected to the overhead lines of trucks battery charges so it needs much less battery volume than a purely better retrieve in each truck. the battery is physical sizes from here to here and about sixty centimeters deep the rest of the box is cooling and power electronics to keep the battery cool or warm depending on the weather outside in a few weeks find logistics companies will start delivering goods via the highway the overhead line will save companies time you have to move the end but here i have the possibility to load the view and during operation i can make my delivery my pickup truck back to the loading location and can load again at the same time basically if you do it right the battery is never empty and you never need to plug in the vehicles battery or refuel diesel between trips like i need to that's

a huge advantage that michelin is just full until today. this music or electro trucks running off the overhead contract lines are quiet and environmentally friendly but they're only one element in finding alternatives to fossil fuel. drivers that ride or staging a strike in the us and some cities around the world on wednesday in advance of the company's initial public offering this friday companies drivers however complain that their income is too low or typically expects them to use their own cars and pay for their own gas and insurance to return drivers want a larger cut of their fares. and that's it for me in the business m c thanks as always for watching.

some time in the twenty six. great granddaughter. in around half a century. your world will be around two degrees moment.

inevitably sea levels rise fire at least one meter innocent. we're going to have some climate impacts maturing greater than what we see oh maybe. it's really frightening. why aren't people more concerned. a little yellow. towards me thirty first t.w. . i love. the news from well the sun here's what's coming up. today our special guest. he's the founder of a radical record label puts the office in shall. we

bring you the gantry a gigantic creative life in london. and we take a look at a man who tried to bring heaven down to a late abstract artist also prenup. but joining me straight away is. the boss of. this is a classical record company which is a bit special because it's a nonprofit making co-operative which puts the office in charge it sounds wonderful . but how does it work because you have to make some money to pay people who work for you of course we have a team of fifteen effect that we have to pay and that is a talent obviously but the goal with with all to take was to find a way of making. something in the world of something which is not really of the world soul music which is priceless which is not transactional which is as

a value completely different from commercial value. but in some way finding a way to.