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tv   Business - News  Deutsche Welle  April 26, 2022 12:15pm-12:30pm CEST

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site it's d, w dot com for a company. ah, we got some hot tips for your bucket list. ah, magic corner check. hot spot for food and some great cultural memorials to boot d w, travel off we go to own or not to own. what about a sharing economy instead of a change in thinking is
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changing the economy to create something new the economics magazine lead in germany on d w. ah, ah, what can, what will $44000000000.00 do? you must wants to take over twitter and turn it into what he calls a haven for free speech. what's behind that? and is it a wise idea? we're going to next. we're also the show. we take a look at how the e u is trying to strengthen its relations with india. the hope the deli will loosen . it's ties with russia in return on frisk over. welcome to the program. twitter has accepted a take over bid from e long musk,
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the at times controversial tesla c e o is putting on the table a called $44000000000.00 for the social media platform. he's already announced that he'll be taking the company private and move that has his critics up in arms. miss graham, mister musk bills himself as a champion of free speech, but some analysts sworn that his plan to remove all moderation on the site could open the floodgates for dis, information and abuse on one of the world's most important social media platforms. so twitter is one of the world's leading social networks with more than 400000000 active users who post more than half a 1000000 tweets every minutes. but twitter has struggled to post a profit. it has, had, has had more nat lost and profits over the last decade, including 222-020-2021. last year. it posted the net loss
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of $221000000.00. now, despite these losses, twitter has a market valuation of $33000000000.00 in on mosque offered $44000000000.00 to take it over. and that has many asking if the millionaire is paying too much for the social media firm. or if he seeing an opportunity that many have missed over the last decade. so there's quite a lot to unpack here. let's do that with erik jensen. he's an associate professor of sociology at war university. he joins me from crabby and tyler and good to have you on the show. eric, you know, unless wants to turn twitter and tape into what he calls a haven for free speech. what do you make of that? yeah, i mean, it is a little bit concerning when you think about what that means in practice. so in practice, if what he's imagining, which is what people assume that you poll the existing efforts to try to reduce the
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amount of use of speech on twitter or the amount of this information, particularly around the health issues like of 19, you know, there, there has been some headway made on twitter in terms of removing some of the worst elements. well, there's still an enormous amount of problematic content on twitter. and so if we roll that back, that doesn't mean that there's better free speech availability. if you have the loudest voices able to shout down and abuse others and to not participating, that's not really free speech. i want to put up a, a quote here, a by twitter seo jack dorsey, for years to see who said ellen's goal of creating a platform that is maximally trusted and broadly inclusive is the right one. this is the right path. i believe it with all my heart. now if you believe that a twitter under ellen musk will be dialing back all these moderation features.
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what do you make of that quote? yeah, i mean it's, it's kind of the optimistic take. i mean, there are some reasons to be optimistic because moving twitter to private does allow for some moves that should have been done a long time ago. like seriously cleaning up the amount of bots and fake accounts to occur on twitter i, which is another priority. the mosque mentioned that could be a really positive move if he's willing to do it. presumably, one of the reasons twitter has been slow to do that in the past is that if we cleared out all of the think accounts and all of the box, actually twitters number of active users will probably be a lot lower. and that would be a big problem for a publicly traded social media company, but it's something that a private twitter could do. so there are some reasons to be optimistic care,
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a speaking of attractiveness and of a privately owned or rather a twitter that's been taken off the stock exchange. i turned a private is that more attractive to companies to put on ads on twitter. i mean, it really depends on how things play out. i think if it becomes a kind of anything goes like just kind of rife with abuse and, and all kinds of, you know, racism and horrible things happening on the platform that will be something really scary for advertisers. they'll run. but if it is a kind of cleaning out all of the fake accounts and creating a kind of scenario where you can really believe that the people you're engaging with on twitter are real people. that will also be attractive to advertisers who don't want to be wasting their investment on advertising to box or fake accounts. erik jensen of warrick university. thank you for your thoughts.
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maybe the freshly set up trade and technology council will do the trick, the european union and to boost ties with india. the blog on that not only wants to increase commerce and sharing of technology, but also to encourage the country's prime minister and remedy to reduce indian links to russia, which is india's main weapons supplier. oh, european commission president lafond alliance pays her respects at memorial to indian independence hero. mahatma gandhi. the west was rattled when india sided with china in backing rushes, invasion of ukraine on a visit to new delhi, the europeans now hope to at least keep trade and tech co operation on track. clear vitamin d y e r strong supporters of international and
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oh, we have oh, a challenging china's india's leading trading partner with 12 percent of total indian trade. that's followed by the u. s. with 11.7 percent. the e u is in 3rd place with $62800000000.00 euros worth of trade or 11 percent of total indian trade. this will be the 1st such technical agreement for india and the 2nd for the youth. so far it's only set up a similar mechanism with the u. s. d. you hopes that trade can keep the relationship between india and europe warm that get more this from d w as charo cartucker in delhi charo. what does this joint trade and technology council entail? well, it's a, it's a one of a kind of arrangement as was the wonderland herself announced that you only has one
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pitcher, inventor and that is with a us. so she kind of, you know, underline how significant it is that the european union has opened the arrangement with india. now this is largely to sort out all bottlenecks on trade and technology collaboration issues. and significantly, what she mentioned was, this is going to be a sort of an institution that will take care of political bottlenecks in the deepening of the trade and technology relationship. remember chris, and then you have been trying to finalize an f d a for a very long time that have been several bottlenecks which are largely political calls. so what it appears that this days that this, the, the, the objective of this kind of an arrangement is to, is to steer is to provide a political steer. the free is that on the land use to the trade and technology relationship between india and chris, tara. the underlying question though, is, is this council? is it likely to help shift india's stands towards russia?
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i mean, india is foreign minister says the country is prepared to take a much bigger role in global affairs. well, chris, as i see it this, and each one seems to have twin objectives. one is a close to 2 to give the necessary push to the long term india, your trade relationship, which has been as, as wonderland mentioned, which has a lot of potential that is get to be unlocked. and of course, in the immediate term, it is aimed at attracting india to sort of reconsider is downs towards russia as far as the ukraine war is concerned. whether it will have that effect on the situation on the ground in new delhi or not. that remains to be seen so far. the indications from delhi have been that there has really been no reconsideration of the standing. yes, pretty much in the same position as, as it has meaning since february end chris,
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the one who calls her relationship with india as it seeks the strength and ties with partners other than russia and china. what is india looking for when it comes to the huge r o? well, chris india has been looking at the you as an export partner as already, i think the 3rd largest, 3rd largest export partner. but india wants to market to open up much more. the free data agreement between the india and u has been languishing because there have been several points on which consensus has been wanting from both from certain things that you has been pushing for. and it has been reluctant to agree to them. and then there are certain things like geographical indicators which india has been pushing for and which has been reluctant to grant. so this is something that india has in mind unlocking the potential of the trade relationship between india and chris w. charo carton,
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k on deleon, char, thank you. as rosy cheese flee the war ukraine, men are responsible for the bloodshed. there aren't feeling the effects. they might in fact be lounging with caviar and champagne. some of them here and the german capital sanctions should be having exactly these people, the wealthy man closest to the russian leader flooding report. but hunting down which properties in germany are owned by russian. oligarchs is harder than many have been hoping a quiet side street in berlin. the war in ukraine seems far away from here. but these 2 buildings proof that it may not be very far after all, whether the buildings belong to russian. oligarchs is unclear. finance expert christ of power feather believes that the sanctions and russia can hardly be implemented in the real estate sector since in berlin. as far as i know, no real estate has been frozen and affected by these sanctions at all in berlin.
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because we don't even know who owns these properties. this is the indian being her . that's the case with 6 berlin, real estate companies, they in turn belong to 3 other companies that are registered in the british virgin islands. no information is being shared about who is behind these companies. berlin has been popular with russia investors for years. private individuals and companies have invested about 442000000 euros in real estate here since 2011. germany has had a transparency register since 2018 companies are supposed to identify their true owner to this agency, but many still on follow through authorities. i helpless yamisha kind of good. we have no agencies that have the legal man. they detect the asset psych to sniff him out like a bloodhound. it's not regulated in germany. unlike in italy, whether godaddy finance or started confiscating yachts and villas,
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once sanctions were imposed and the social for now for more checkout website at the d. w dot com slash business or the d. w. news, youtube channel cross cobra roland. thanks for watching. every self a successful with we've got some hot tips for your bucket list, a magic corner. hot spot for food and some great cultural memorials to boot w travel off. we go. imagine how many portion of love us are now in the world right now. climate change event story. this is my flex the way from just one week. how much was can really get
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we still have time to go. i'm doing all with his subscriber all morning. he was like oh d w news live from berlin. i'm nicole really good to have you with us. and antonio terrace, the united nations secretary general is said to meet vladimir putin to day in moscow and as the highest profile peace mission since the war began before.

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