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tv   Business - News  Deutsche Welle  January 7, 2022 12:15am-12:31am CET

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more than a dozen staff in isolating span id is the 7th premier league coach to test positive and recently crowds of 10 doubt in the spanish capital madrid for the annual parade. mocking the christian faced of epiphany, families watched flights carrying figures dressed as 3 kings who in bible story brought gifts to the infant. jesus city released just 7000 tickets this time to keep visit the numbers down. and to prevent a scramble, no candy was thrown into the crowd on this occasion. it watching daily news up next trance takes on big tech, hitting google and facebook with major find that's in business ease with janelle delilah on. after a short break for her, i'm just kinda, i think that's hard and in the end is a me, you are not
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a lot us to you and more we will send you back. are you familiar with this smudges? reliance as of if, what's your story. ready i mean, wasn't, i wasn't women, especially victims of violence, seen a lot of them take part and send us your story. we are trying always to understand this new culture. so you are not a visitor, not the guests. you want to become a citizen in phil migrants, your platform for reliable information. ah, a record fine for google and facebook face is it so french you later say the big
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tat firms broke rules on consent for cookies. and we take you to thin city where the world's biggest consumer electronic show is in full swing. we'll get the latest from c s in las vegas. this is the w visit. i'm janelle de milan unwelcome in the latest move by european regulators to rein in tech giants. france has had google and facebook with major finds 150000000 euros for google. 60000000 for facebook. the tech giants are being penalized for making it difficult for users to reject cookies online trackers that that aid targeted advertising. users need only hit a single button to immediately accept cookies on google and facebook. but rejecting the online tracking requires several clicks. that's the decision of frances national commission for information technology and freedom or c and i l who impose record finds on the tech giants the data privacy watchdog slap google with
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a 150000000 euro fine. be using a previous cookie related fine of a 100000000 euros against the company. a year ago, facebook was hit with a 60000000 euro penalty to see, and i'll also threatened daily finds of a 100000 euros. if the u. s. online giants don't make it simpler for users and france to refuse cookies. within 3 months, the regulators said users were being nudged towards saying yes, which meant they weren't freely giving their consent, a violation of french data protection rules. google said it would change its practices in accordance with a decision. we're now joined by emily taylor. she is the c o of oxford information labs, and the editor of chatham houses journal of cyber policy. welcome emily. now 150000000 euros is a drop in the bucket for google face looks fine, is even less. do these fines go far enough towards behavioral change?
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in your opinion? i think they have to be seen in the context of what else is going on in a there is a raft of legislation being put forward by the e will, thirty's, covering all sorts of matters from security to digital content. and there's an almost endless round of litigation appeals and, and so on. and so while these fines, i mean it is a lot of money for you and me, that would be a lot of money. but these platforms, a huge, of course, but i think there is a general sort of sense of attrition here. but underlying it is our big concerns about the market power of these platforms. now looking at the content of this case, what difference does being able to reject cookies actually make in internet users lives? i think that the is so cookies are there and perform
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a variety of functions. actually, it's a technical level. they make websites work they, they make things like food filling in possible. and so there are there of cookies that have a functional quality that, that you know, you just can't do without them. but is really these advertising cookies that, that allow platforms to, to, to know a lot about users and what they're doing on mine. so what difference would it make? it would fulfilled religion, legislative or objective of empowering us as users to have more control over what happens to our data. a report by the british competition and markets authority found that only 13 percent of people really willingly would have shared their data in return for relevant advertising. and yet there's a huge gap between that statistic and what people really do. less than 5 percent of
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us actually adjust our privacy settings or to now these latest moves, of course, are within the context of a broader european pushed to regulate tech giants more stringently. the of the sense that it's working at all maybe not yet, but gradually i think all of the layers will build up. however, this is complicated that these ecosystems of vast and the danger is that legislation and regulation just makes the uses life us as people more complicated, more confusing without really getting towards those legislative goals of empowering us overall data, making companies respect our privacy and security and so is going to be a long journey. i think we're not there yet, not by far. but i think we are clearly on the journey and the days where people said you can't regulate the internet all well and truly over emily taylor. she's
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the ceo of oxford information labs and editor of chatham houses a journal of cyber policy. thank you very much. now, a speaking of target hasn't been the best way for the sector attack stocks around the world declined sharply after the u. s. federal reserve signal then earlier interest rate like than expected, but to day markets for more, mis yann's quarter, of course, joins us now. yes, that is the pressure easing off. well, the heat is still on even at janell. if the heat is not as hot as it has been on a wednesday when not the accomplice at last, about 3 percent in value. well, i mean, the federal reserve did not just in that there might be more interest increases coming, but actually that they might, but it might start selling a bunch pretty soon. we had some comments from james bullard on thursday. that is the head of the federal reserve in st. louis. and he basically said that once the interest rates start, so we'll,
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we'll be erase that that could already happen in march. that almost at the same time the fed could also start selling a bond. and that is a much more aggressive aggressive stance than a wall street has been expecting. we did see technology, she has recover quite a bit in the thursday session. but then after those remarks from james bullard, we did see some pressure coming up specially and technology shares and talking about technology shares, the big catch fun. some actually told tech stocks in the past. couple of trading dates with the speed that we have not seen in a decade. thank you. our markets barometer again quarter there for us. thank you very much. now to some of the other global business stories making news. german consumer prices rose by 3 point one percent last year, the highest inflation rate and 28 years, rising energy prices and the end of a temporary reduction in the value added tax help drive the search. and the cost of
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living supply bottlenecks and shortages have also weighed on consumers. because our airwaves is demanding more than $600000000.00 in compensation from playmaker air bus over surface flaws. on a 350 jetliners, the gulf carrier says the damage included blistered paint, cracked window frames and erosion of a layer of lightning protection. the 2 have locked in a dispute. for months. the only cron search has caused several crew is operators including the region and royal caribbean to cancel upcoming for a series of covered $900.00 outbreaks on cruise ships has disrupted the operations and many regions of the world. some for some firms are putting cruises on hold for months or the entire season. the world's largest consumer electronic show has returned to las vegas despite record numbers of corona virus cases in the us, 2 years after the last in person,
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t. s. tech companies have had plenty of time to come up with new ideas. our report, our staff and simons, check them out for us. ah, las vegas? the strip, the casinos, the flare sin city wants you to know it's back in business despite an ongoing corona virus. varian pandemic. the city is well coming back a former staple, and cash cow, the consumer electronics show, or c e s. one of the largest and most anticipated trade fairs of its kind. it's been 2 years since we've had a live event. and there's been so much an innovation that has happened, but it was also very important for us to do the right protocols. and so we made the decision in earlier the summer that everybody was going to have to be vaccinated to come to see us. we layered additional protocols like testing, making sure people were wearing masks and doors, but many critics warned. the c. s could become as supers freda event, despite those measures, some big names in the industry,
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bailed and are no shows at this. he has show he relatively unfazed by all of that around 2000 smaller and midsize companies who worked through the night and until the last minute to make sure that they were ready for the 1st in person c. s. in 2 years. we knew that c s 2022 was going to be a little bit different because we knew that not everybody was going to be able to travel las vegas. but what was important for us was to continue to have an events where we could bring the smaller and midsize companies together. he last minute competing, moving, preparing and improvising c s camps. in the end it all pays off. say exhibitors and visitors are like ah, a lot to say. well want to say overwhelming lower than a little bit. yes. ah, ah, it's, it's definitely different. normally you would be able to stand here and have a conversation, right. if you've been here a number of years, this is significantly lighter traffic. but for someone who like me,
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who likes to actually come and see things, this is probably the best way to prevent ah, never going to happen are veterans. you're going to write a roller coaster, you're going to go shopping, you're going to go to a concert. oh, with a headset. yeah. and you know, what's nice about that? i won't have to put our mascara. so what are the top themes and innovations at this year? see if it's all about the new old or improved or virtual reality be are and augmented reality. a are on another level. we are at a hungarian company here, y'all, and i'm going to try this sir. motion simulator, brand new, and fancy. so let's see how this will work. ah, so this is really immerse is really cool. i bet every gamer will love that and who
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is into flying will of that, do i crash that thing in about 30 seconds so i shouldn't be seeking a career as a pilot. that's for sure. what that is. a cool thing. yeah. the other hard topic this year, health tech, as in the ultimate massage chair, that now more of this all vital signs, but that could cost you as much as a small car. apropos cars, the r a r wearable device, this modern app technology, more computing power and technology, full immersion experiences. and yes, electrical vehicles and ease scooters eat everything. it all will be one sometime in the future. thanks for watching. ah ah, into the conflict with sebastian in america scores of donald
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dunn for sophia boston president has been subpoenaed by the congressional committee investigating the january set to the pot on the counter. my guest is one of them. jacob miller was a senior advisor, worked with trump, campaign remains close to the former president joins me from new york, a d, w, and the future of human kind depends on saving nature. an increasing number of authors and artists are convinced of this in their recording their experiences in their books. save the world in 60 minutes on d w. oh,
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hello guys. this is the 77 percent. the platform for africa. you to be speech issues and share ideas you know, or this channel. we are not afraid to happen. delicate because population is growing . and young people clearly have the solution. the future belongs to you. is 77 percent. now every weekend on d w i don't have anything to hide. you absolutely nothing about what was going on january sex with regard to the protesters with a breach on capitol hill. did you know in advance of john.

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