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tv   Business - News  Deutsche Welle  May 4, 2021 8:15am-8:31am CEST

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and accusations of irregularities. the latest on that story as developments. in the meantime thank you so much for joining us my colleague benson's dillon is up next with a business update as always mark our web site t w dot com i'm serious kelly in berlin thanks for watching. the full. training troops. that you love. she would extruded you don't fit glitter glitter glitter. the fight against prejudice and cold case boy i did nothing and just getting up. for
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breaking. your little stores on the big stage. it's struck me 17. w. . the clash between apple and epic heats up the blockbuster trial could change the world of mobile take and mean cheaper apps for ops. and is it game over for the giants of the sea across the suez canal blockages show that big is not always fair. i've been fizzling let's do business this could have epic consequences for consumers and developers the attorney of epic games the maker of the hit game fortnight accused the. apple of turning its apps tore into
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a monopoly walled garden that lured in developers and users and then squeezed money out of them apple's lawyer said it's no more of a no play than a grocery market that sells goods competing with other shops and that it's secure and integrated ecosystem is there to protect the privacy reliability and quality consumers want. to meet the guy taking on apple the most valuable company in the world by market capitalization it's tim sweeney c.e.o. of epic games creator of the fortnight video game his legal arguments are packed into 20 boxes using apple's own internal documents epic games attorney katherine forest accused of turning its online marketplace into a digital walled garden monopoly that lures in developers and users then squeezes money out of them by charging a whopping 30 percent commission for sales on its op store apple fired back telling the judge that epic suit is part of
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a self-proclaimed war against mobile platform fees that defies the law and the facts. i think epic has a good argument that apple's policies are exclusionary and that they're anti-competitive and so you know based only on what i've seen so far i think the epic has a good case. epic games wants developers to be able to offer competing up stores if epic wins the case apple would lose a crucial part of its business model. to stop this happening apple will send c.e.o. tim cook to testify during the trial he's expected to argue that apple's fees are not unusual there are similar fees on playstation x. box and google play stores. it's hard to tell which way the case could go the verdict is expected by the end of may. well let's check in with chelsea delaney our frankfurt correspondent chelsea what do you reckon who has the better argument
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epic or apple. well we're just on the 2nd day of the case so it's going to take a while before we really see the full range of arguments and even after the case is decided we're likely to see years of appeals from both sides no matter which way it goes but in any any way this this this case is decided it's going to really break new ground in terms of antitrust law really the question that's at stake is what is a monopoly in the digital age this is a question that we haven't really seen decided by by court so far so apple is saying that it's not a monopoly because you know you could also get a fortnight from that big games on a playstation on an x.-box epic says that that's really not the case because apple has complete control over their own devices and what can be downloaded on there so this is a bit of a technical argument but it's going to have really big implications for for
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smartphone makers and for really the entire digital ecosystem what would it going to be the implications for us to record. well of course at the end of the day this is a case that is expected to impact consumers what i think is saying is that apple's practices make apps more expensive and make them more exclusionary that they consumer choice so if this case is rules and ethics favor we could see for example apple having to open up their app store having to offer. the option of using their own payment systems it's unclear if this will actually lower the prices of apps for consumers but that's $1.00 thing that app developers are saying could happen if apple loses this case chose to do with the 1st from pretty good thank you. now let's take a closer look at some of the other business stories making headlines at least 19
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people have died and hundreds wounded in protests in the colombian capital bogota over a tax reform plan the government has been forced to withdraw the proposal aimed at shoring up state spending it's been heavily criticized for punishing the middle classes during this economic crisis. the march of cryptocurrency continues e-bay says it's open to cryptocurrency payment options c.e.o. jamie i had known he said in an interview with c.m. b.c. that the company has expanded its range of payments to include apple or google pay and will continue to check out alternatives such as crypto conferences. the outlook for germany's car industry is at a 2 year high according to the economic institute business said event among german or of makers almost doubled in april of $1000.00 downturn hit the same the hot comic is now expect the man to increase. to another epic story now a massive container ship that got stuck in
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a canal and blocked global called us it went on for a week holding billions of dollars in maritime trade the shipping company wants the owners of the congo to share the cost of the damages you can understand why when you take a look at the bill. the ever given may no longer be stuck in this was but it's hardly home free it's still detained as the egyptian government demands $916000000.00 in compensation from the ship owners it's another number on top of an already have the price tag from the grounding. so we estimated the cost of this $1.00 strip since you between $30.00 and $50000000000.00 so you really reach beyond that we are very tiny little things in the world the global trade in that you know a ship that is the cause you know could actually block some big that looks like a very well or. the incident shone a spotlight on how big ships have gotten in the last decades as they link
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manufacturing from asia to growing consumption in the west today's larger ships are able to hold around 24000 containers. so as consumption grows in trade volumes increase design means ships are going to get bigger and definitely it seems as if container ships right now have also filed somewhat of a maximum at least if we go also by. that record amount of the. 45. ships were ordered and most of those were basically and the size of 15000 and not 232-4000 that was there was to prefer that size 4 for investors no one is placing orders by the end of last year but the follow ups are one part of the story the goods they carry are another the grounding delayed deliveries at a time or the pandemic already caused shortages of parts and products leaving
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companies grappling with their supply chain it's a complex affair and resorting to something very complicated trip because you can't move to soloist in an orchestra but you get on the forfeit i want to go to start. rebuilding the know how the 1st structure how do you compete if you order that takes time. but other industry observers say there's a larger discussion to be had beyond the paths that bring products to consumers it's less about thinking about resiliency or localizing supply chains than about reducing consumption about building supply chain models that are not as reliable constant constant growth big ships little waterways and supply chains that span the world and the effects from the every given incident are still creating ripples because shipping is the strain called a modern capitalism together governments business is consumers and regulators need to decide what lessons to derive from it and how best to act as
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a result. well the ship was on its way to rotterdam in the netherlands when he bought stock at storm joins us from there he is founder and c.e.o. of avian containers an online shop for the sector our reporter ginnell described shipping as a string holding together modern capitalism isn't that delicate a matter. i think you can say that we're relying totally with our economy or whole 'd society. and i think that's what we have just experienced once more you know so does the japanese ship on a stand a chance of getting the owners of all that cargo who paid for it to be shipped and as the waiting for it and i'm sure they've got costs of their own to think about as well to help out with this astronomical damages bill. i'm not a legal expert but what we see happening right now he sees things we couldn't imagine before and i think to give it
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a try and if you have your cargo on the ship and you want to guard cargo to be released and i think you have an interest there to get the ship moving again you're right we haven't seen this before and this is also highlighted the global supply crisis that's hit so many manufacturers at the moment because of the pandemic as well which you reckon is going to drag on tell me what do you know that. well it all started when cope it broke out last year with chinese ports closing blank shadings are shipping lines ports got congested it's and all flow of containers across the globe has been disrupted and. it will take time to billings out again so we see shortages in areas in the world like in europe because containers are immediately moved back to china at the moment and this will take time and it's hard to say how much time it will take. assured her but it could
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easily take until the end of this year because we do now have a vaccine and things are looking up and orders are also moving in that direction do you think though that this could spark an entire rethink about how business is done how the contain a business is also done and supply chains operate. i think it's important that we as we become aware of inefficiencies and improvements we can make so for instance one in every 3 containers is moved empty and i think it's said that you are way still full of c o 2 emissions but also costs for repositioning containers there's a lot to be gained and a lot to be improved and i think i think this is kind of a wake of coal that we all 'd should be working on this group is it game over for these gigantic container ships no i would not say that it's not so easy i
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think what you see is that everybody's working in infix better instead they're used to and i think we just realized that we just can't all do think that's that everything will continue as we are used to thinks can change and we should become more aware of how we are doing things and there are some big challenges in its own and it seems sustainability for instance we need to we need to improve innovates and and. move forward from contain a c.e.o. ed stone thank you very much for being on the show today you're welcome thank you. finally over half of all italians say pizza is their favorite dish and now they can get their hands on one even quicker and you pizza vending machine and road spits them out in just 3 minutes and they only cost a few years demand for contacts free pizza has exploded during the pandemic this automated solution may be blasphemy in italy the home of the pizza but it doesn't
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look bad. so it may nice having you here in the w. i've been fizzling nice doing business with you. what does it actually mean to these going to ask me. travel to the northern beaches embrace and just days before scotland's general election. than think about. how they feel about the cause of the united kingdom. proves he's guilty crazy to.
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