miss simple projects helping the people feel better. visiting brussels city museum spanish tourist maria gomez carmona says she uses art therapy as self help. when i'm feeling bad or sad when of lacking a bad mood, i usually go to the prem, seeing the muddy. and it helps me deputy mayor who by says she hopes once the project wraps up in march. the positive feedback she's already receiving will lead to wider adoption of this treatment to brighten spirits throughout belgium and beyond. and that's it for now. um next, spicer, thanks for watching. ah, ah. we've got to understand that globalization works, but he does not reach more than 30 percent of the world population. very simple.

that facility that's very convenient for the chinese. after all, the port will be for their excuse of use, but i am the mediterranean as potomac. kind of great sarcophagus. if anything he was proud of it was to be a steal worker like his grandparents and his parents. this is his business. do come here for life. well, the winners and losers. globalization, where do we stand? starts january 5th on d, w. ah, trouble for the chinese app, tick, tock, more reports. today the tech giant could be forced to sell it's american business. it's just one of many problems threatening the future of the popular social media platform ad with winter officially. here we check out how prepared germany is to keep how holds warm and businesses going as the warrant ukraine continues to effect

gas applies. i'm been puzzling lester business. the wall street journal is reporting that the forced sale of tech talks american business could be closer. the committee on foreign and best method, the u. s. is supposedly discussing the move. it follows you security concerns over the app tick talks. chinese parent company by dance admitted staff had tracked journalists locations to dig up sources, tick tock says it's since fired the employees in another hurdle. american lawmakers have included a proposal in a key spending bill to ban federal employees from using the app that may not affect many uses, but could scare off advertises of moron what this could mean for the wildly popular rap. i'm joined by my colleague cassandra soon, cassandra, these rumors have been going around for a long time about a forced sale. what's new this time? right?

the other shoe drops last week, so to speak, when by dance admitted that employees had been tracking journalists to try to dig up some of the sources as you just said. and previously there had been these rumors swirling, but tick tock insisted for a long time that these weren't in the cars that these rumors were based on what the app was capable of. but it was not something that tick tock was going to engage in that now we know that that's not true, that the employees were using location data on the app to try to track to talk employees that i thought might be a spilling or leaking to journalists who are reporting on the platform, how likely would a forced sale of its u. s. business on b? it's a hard to say at this point right now we're falling reporting from the wall street journal and the for sale is being considered by the very powerful us committee on foreign investment. there are several different representatives from different parts of the government that are part of this committee. and right now, the pentagon and the justice department are pro forcing the sale. they say that

there's a potential security risk by allowing beijing to have access to so much data on so many americans. but the treasury department representative on the committee is opposed to it. they say that such a for sale could be challenged in court. and so they're trying to find a different solution, but this idea of a for sale while speculative right now comes as 19 of the 50 us states have passed partial bands on the use of tick tock on government phones and computers. so this is something that's picking up steam of the u. s. a. the big spending bill that's coming out of the u. s. right now to that includes a provision right now that president biden could sign any day that would also ban of use of this app on federal phones and networks. the whole idea of course, is to save usda on you where serve as not, not in china, but what's this all going to do to advertise us? that's where tick tock gets all that money. exactly right. now i was looking at some recent estimates or does estimates right now that tick tock made at

$13000000000.00 with a b and ad revenue in 2022. but tick tock is the newest kid on the block when it comes to social media platforms that businesses are putting their ad revenues into . so any kind of hit to its reputation at this point could actually be a pretty big hit. so at the moment, we're still trying to get a sense of what these partial bands are meaning. so if a for sale, if more comes out about that, that could be a much bigger blow. so thank you very much for coming in for big tech. just got bigger and bigger over the past decade until the bubble burst this year. apple microsoft alphabet, amazon and meta, have lost 3 trillion dollars in market value. the easiest way to cut costs, cut staff, a plane crash, pricing for impact metaphors for a struggling tech industry. the cartoonist used to work as a software engineer for twitter until he was unceremoniously fired from the social

media network in november. it was fairly fast and efficient and a bit brutal. i lost access to all of my company stuff. i didn't get any, any warning. i didn't get any email or phone call initially. i got them afterwards . he's far from the only employee terminated without notice. nearly a $150000.00 in the american tech industry were fired this year. even at titans like microsoft, amazon, and facebook. during the pandemic tech companies were raking in reco profits. money was no object. you had companies adding, in some cases, thousands or tens of thousands of employees on a sequential basis. and then suddenly realizing that in fact, the global economy was slowing. and so was their business all the golden days in silicon valley over. it's still unclear how the current economic wave will wash

over the valley, but one thing is, certain. the industries image of optimistic c o's pushing an unstoppable force for growth, has itself been disrupted. or tech analyst scottish mit does not believe silicon valley's days are over. she's been living there for 8 years, helped make ebay and be what it is today and is direct of a growth at a start up. she says there's an upside to all the firings and i think there will be a redistribution. i'm actually over the past decade assessment extremely hard for any company that was not met our google amazon, or like a very big brand name employer. and could just pay any salary to, to the candidates, to hire anyone. and now that the bigger companies are reducing their cost and their workforce because they have over hired over the past years. it's actually

a huge opportunity for smaller companies in the tech industry to pick up this, this great talent. and even for some people who maybe were quite comfortable, maybe not super happy or highly motivated, but just couldn't walk away from their, their comfortable situation with their salary and all the benefits that came with that. and now they see the opportunity to start their own company to join a smaller start up, maybe take on some more risk. but i think that's a great opportunity for the entire tech ecosystem. so easy, right? the big tech is over. it's time for the little guys. what about all that advertising revenue, though that's been flowing to big tech? will that flow now to some of the new competition through some of the little guys actually do hope so. i definitely see advertising dollars flowing more into

performance and add a lot more. social media adds a lot more social and video. so there, there is actually a shift in that direction as well. influencers are also new trends and anything that can be measured and that is more up to date. and where will all of this leave big tech because as far as competition goes, i can see quite a lot of those big terms. big firms cannibalizing each other and themselves amazon cloud computing, google getting, you know, the game. netflix is no longer learn amazon an apple trying to do the same job. where will that will lead? yeah, i think they used opportunity right now they, they actually have quite a lot of talent. so there's a little bit more pressure with declining revenue to actually still continue to grow as a company and to grow their, their profits. so they have to maybe face in words and kind of clear their house.

and once that is done, i can see some of them making very different bets from each other. right. so facebook, metal is betting on the met averse, and others are going in different directions. some may have to reinvent themselves . alphabet, for example, google's parent company, they have quite a lot of companies, some very, they're innovative. so i think the broader their portfolio, the better they, they might be set up for the future. interesting stuff scottish me thank you very much for joining us and thanks for the analysis. thank you. energy security has been headline use here in germany. ever since russia invaded ukraine, europe's biggest economy is heavily dependent on gas deliveries for moscow. that's why supply is here, have been scrambling to philip reserved. germany gas storage facilities never attracted much attention before. now they're at the center of public debate

and for good reason, the countries energy security depends on them this winter. for german businesses like this break factory in bavaria production is dictated by the levels of germany's gas reserves. that's the major thing. and we, we check that almost every day and we're, it's, it's how we run our business. you know, we need it without gas. the ovens here, stay cold, the gas go through these yellow line right through here, into the oven. and then the it here inside the brick, you can see the fire, it fires the brakes. so the brake burn, full reserves and sure steady brake production, even during the winter months when germany imports less gas than it uses

just a few kilometers from the brake factory and vive us back lies germany's deepest gas storage facility. it's a porous rock gas storage and what's above ground is just the tip, the most important part, life 3000 meters below their the gas stored and porous rock. that's millions of years old. it soaks up the gas like a sponge impermeable rocks and water around it. act like a natural barrier and prevent leaks. the gas levels are closely monitored at all times to more to can talk to learn when to today we're at 99.2 percent. it takes about 150 days to fill or empty the storage facility in this way, the very fast back gas storage could supply up to 300000 households with gas for one year. most of the time we come the uneasy question in the back of my

mind is what if we have a really cold winter? because if it's really cold, we'll have problems even when the reservoirs full that could see flames go out and factories close. despite jeremy state of the art storage facilities that you're up to date on all the big business stories i've been puzzling, it's been a pleasure doing business with he is the youngest, among the greatest, the canadian pianist, john leash etzky ah, leads audiences into the unknown, exploring its boundaries ah,

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the way from just one week. how much can really get we still have time to go. i'm going all with flex with his subscriber all morning was like someone else to the hardwood tb highlights of selected for you you every week in your inbox. so describe now oh, i love my life on stage and i love sharing music this audience. ah, i always give it my all every single concert and a 100 times a year. that sometimes can be a little bit much.