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tv   Business - News  Deutsche Welle  January 6, 2023 12:15am-12:28am CET

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canada, and is by likely going to be the vain that becomes dominant across europe. in a few we sell. the western germany have announced plans to deliver albert vehicles to you credit german made mata, n u. s. bill bradley fighting vehicles, concern to be on the line with that is all the news for now. up next. can the latest gadgets helped in the economic malaise, a cheering for that? and i'll be back with more news headlines at the top of the out for me and the team here and building. thanks for your company station with how about taking a few. you could even take a chance on what rearing to ah, don't expect to happy ending with hello guys. this is
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the 77 percent. the platform with issues and share. i did talk to tuffy young people clearly have the solution. good, future loans. the 77 percent every weekend on d. w. they offs, shortages inflation, can the tech industry truck off the economic gloom? the c e. s tech conferences back. we'll speak to a correspondent who's there in las vegas. also coming up. u. s. regulate, proposes the end of non compete clause is allowing workers to take then know how to competitive will get the view from new york and kashmir. has long been synonymous with fine cloth. but what does the future hold for families who produce the regions most famous fabrics? it's that time again, d w a business welcome. c s kicked off today. the conferences tax 1st big event
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every year and impact firms in the us and abroad have taken a hit lately as they struggle to cope with high inflation and roll back a binge of hiring during a pandemic. still this year, c s is also a play ground for the cutting edge and the quality of the tech world. south driving strollers and artificial intelligence, monitoring babies. digital applications penetrate our everyday lives in evermore ways. and of course, the constant search for new horizons, for example, augmented reality links, the digital and analog worlds. these glasses would built in screens, promise users a better way of dealing with common problems. this is our step into the a our world and has a couple of very interesting functions like real time translation. so you can have a face to face conversation with me. and even if you don't speak the same language
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is automatically translates with subtitles. but these are difficult times. the biggest american tech companies took a hammering and 2022 stock market values plummeted. ad revenues dwindled, and investors have become picky. some experts believe the or may provide a form of salvation. your. it's something that's gonna creep into our lives, but we're talking about in 510 years in a right now it's just people are very into the are they love this products in the are trying all different things to live in dislike virtual world where they're not constricted in the same way they are in the real world. and this is what the c e s is all about. and, and our lucky correspond stuff on siemens is in las vegas with mall. i see that on you popped up for us. that's very nice of you. c s is always full of new launches. i know, and it may be, could tell us a bit about what's managed to cut through the noise this year, and i guess you're sitting in one of them now. i know i say exactly,
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that's what i do. i'm sitting in a concept car developed in collaboration. let me get out of here on the without having my head developed by 31 engineers or time autonomy reveal engineers from crumbs is the 1st concept car, future concept car ever with actually having right shares in mind and a ramp for people with disabilities. so that's what is that means for the overall picture is it software meets hardware. and in a symbiotic relationship, every thing you can think of which has to do with transport or with cars is basically a supercomputer. now example sony for example, him teamed up with honda also and or we looked at this sir. it's basically a playstation on 4 wheels, of course everything, e, v, electrical vehicles, that's a tough thing, reality and extended reality. all of this mergers together. he and this is what
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stands out this year due to any sense of the struggles that the taken history is going through right now at the conference. cuz we've had lay offs in the industry, massive inflation, causing customers to put off tech purchases. what do you see in person c. as after the pandemic, without the necessity of wearing a mask, nobody's doing this anymore. and it is packed, and the interest is huge. augmented reality, virtual reality, the tech industry. you're absolutely right. amazon laying off thousands of people sales force, microsoft, meta, soccer, burke, et cetera, et cetera. they're all laying off people because of the uncertainty next year of the markets, right? nobody knows that recession fierce, et cetera. here you don't feel any of this. consumers are interested in the latest tech. is it all go? where does it all lead to? what looks, what does look our future looked like? and what can technology do to really and hence, and better our msm down the conference floor. i want to bring up meta again that you mentioned that last year there was
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a lot of bars around augmented and virtual reality products. and since then met her, which one i'm betting big on that. do you sense of as a shift in the mood away from that kind of tag? what people say not at all the industry mentored reality, virtual reality, virtual reality devices, you can wear glasses and handsets and so on. the industry really thinks that this is the future. okay. customers of apparently have a little bit of a hard time to really embrace this. but, you know, give it another 235 years and who knows where we are, then maybe we're talking about the next big thing, but so far, med averse virtual reality in all the applications. real life application for studying for are driving that thing. but sitting in the kitchen or milk in the cows in the barn, for example. so men of earth, virtual real, the augmented reality. it's all, it's going to come. the industry wants it to come and i think it's going to happen
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. okay. and excited, stefan siemens there, who can hardly believe he's being paid for this. thank you very much. stefan salad . take a quick look at some other global business stories making news. we had it there from stefan e commerce giant. amazon says it will cut more than $18000.00 jobs from us during the pandemic. as reasons for layoffs. some of the terminations will take place in europe. the company said, amazon announced 10000 job cuts. also, on top of that, in november, the federal trade commission has proposed the banning of non compete clauses. the move would allow workers to take jobs at rival companies or start competing businesses without the threat of being sued by their former employers. the f t c says they clauses are exploitative and undermine fair competition. and the ends court has more in that story for us from new york. hence, why does the f t c c non compete causes such a big issue and work is quicker. our debate for quite some time. i mean originally
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this sir, non compete clause was a thought for a high paid high ranking executive so that they don't leave the company to a competitor for example, and then take a trade secret with them. so those non competes agreements basically mean that after you leave the job to a year, but then actually more and more a workers also in the lower payment segment and also got so those are non compete clause as mirror and business that is hindering and innovation. and that's where the f t c a comes in, so the heat is on, so to speak. and the chamber of commerce already are threatened to, to challenge legally. and if the f t c, a really gets rid of this non compete process, is he, why does this company feel that it needs to lay off even more work has after they already had a wave of layoffs in november? well, come up with more lay off some as well, especially in the tech industry that industry,
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especially in the digital word word. we saw so much hiring and the year 2020, and 21 amazon alone. and those 2 years hired around 800000. your workers doubling the workforce within a challenging environment with the economic growth globally cooling. so therefore, amazon is cutting more workers than originally planned and quarter in new york. thank you very much. and moving on now to kashmir, the area is known for its fine cloth and carpets, but the industry there has struggled during the pandemic. now, the local government and artisans are teaming up to breathe new life into the industry and some rather innovative ways. are artisans, studios, and ups that radiate with the skill and talent of indian controlled kashmir. here tourists can browse through handmade garbage as of pandemic, stagnation shop owners are hoping for better seals in the months ahead.
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as we work with you to sustain our families with this little amount of push me not making as a laborious profession, an entire family gets consumed with this work. despite putting so much efforts and hard work in the real benefit doesn't reach us. the middle men are making huge profits while we get paid only the days. earnings local, okay. might. i spoke to walk on, your mom was through the door. and so the government introduced to kraft safari to promote these businesses, but bought to was a decline in the craft sector, could mean jeopardizing the jobs of over 200000 people who live in the area. it's a last ditch effort to revive the industry. many are keen to spread the word i say why not? because you know, of people like us, whoever, certain regions, social media and people see us to all the world. we have were people who follow us for the work we do and we showcase cushion we'd arts crafts. and as we said that
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you know, the resort county shore, we saw wood carving with an added bonus to visitors can meet the artists behind the products and see how these items were made. the government and locals hope that's it's a dw business, thanks for watching. the one of the was vladimir putin is fighting. who didn't chief target in russia has been like, say, the bombing my guess this week or next island london is one of the valleys associates email, a shortcut. the group is made meeting and shaming. thousands of officials supporting more in ukraine. but how far will that dent hooton's power conflict zone? next, on d, w, a major world a little bit better with t. these entrepreneurs are providing all traditions, organic quality,
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address climate friendly as possible. t new ideas for a traditional drink. in 60 minutes on d. w with sometimes to b. c. i cheated out tv. what's making the headline to stand? what's behind d. w, news africa. they show the issues in the continent. life is slowly getting back to normal here on the street to give you enough reports on the inside. our cars funds is on the ground report. d, w is africa every friday on d w. a
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conflict in ukraine is only one of the was glad.
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