hurry a nod to their fallen friend, but while death and grief may be all over the new release, the band are keeping going. ah, that tradition. it's out there day. it's clear that even after 4 decades and the loss of a beloved friend, they just can't get enough with the w business. he's up next. don't go, ah, what is a homework of civilization, a reflection of our society, a spiritual awakening. passion,

an entire universe of culture, a new episode, each week, part to $21.00. on d, w. a global ideas is on its way to bring you more conservation. how do we make cities greener? how can we protect habitats? we can make a difference. global ideas, environmental series in global 3000 on d, w, and online. ah, is it time up for take talk the social media app, c e. o. testifying to u. s. congress at stake, the potential banning of the app in the united states will get the word from washington. also coming up, ford says it's electric cars division is burning through bill. but can the car

company convince investors it's still in the driving seat? our correspondent on wall street has the answers, and brazil says it's making gains in the fight against the legal gold mining for the faith community, say the damage is already done. it's that time again dw business welcome. is it a harmless video sharing app or a means for the chinese communist party to track your movements and spread propaganda? the head of tick tock was on the defensive in washington speaking before a u. s. congressional committee. c. e. o. show chew faced intense questioning by law makers who fear that beijing is using the app to hoover up sensitive data on millions of americans. to said that the aps owner bite dance as a private company that does not work for the chinese government, but admitted china based employees would be forced to cooperate with state intelligence. agencies. should have an siemens has been following the story from

washington for us, and dan ives, as a tech analyst from wed bush securities should have. and let's start with you. set the scene for us. how did the hearing today go for mr. chu? well, it's re, frank, i don't know anybody who wanted to be in the shoes of mister shoe. i for sure, wasn't willing to do this. why? because it was really aggressive. it was a proverbial blood bath almost. um i, i think he didn't even stand a chance and why? because there were some really unified democrats, as well as republicans in this committee drive to really almost put this into absurdity at some point. it didn't really matter what the tick tock c o said at the end. it was all about proving that there is no independence of tick tock at no guarantee. it will ever be totally independent from the chinese

parent company by dance. and that is a concern for a lot of law makers. of course there's a ton of other issues which they could have asked any other tech company. instagram, twitter, or facebook slash matter is cetera. but it is all and was all about that. and they were aggressive and they didn't that go and at the, at the end it seemed like really it doesn't really matter. and it didn't matter was that tick tock, c o said it was a done deal. they don't trust a tick tock and they kind of want it bent and done. you've described his testimony as a disaster. how serious is this for take talk. so i don't think there's a disaster and it sets the scene where a tick tock likely is going to get back in the us and you're forced to be sold or spun off. i think there were just no concrete answers on the data around china. and i think you walked tight room and this is ultimately something in where i being now in the clock struck midnight from tick tock. 7 in the u. s. current form. and then

how justified are the concerns of the committee? i think clearly there's no us china, cold tech, we're going on. they become the person child. there are with gentlemen concerns around the data, the access, the don't know where it all to my employees and i think, you know, you come out of this, i think ultimately more questions than answers in terms of weeks from the china beijing data component. ok. but then pick talks, pledge to separate us citizens data, saying all of the servers would be based in the us and overseen by a 3rd party. in this case, the computing from oracle. don't you think that would be enough to lay the concerns of lawmakers? book has studied for years. right. and i think that's really the next step in terms the ruling from there about how secure that would be or call it's one of the best

brand stalwarts within the us. so that's really, that was their sort of way to sort of rectify the situation, but he was like, the way this is playing out that that's probably not going to awesomely alive. there's theory next. the issues here. so you mentioned city as the committee on foreign investment in the united states that interviewed or, or heard the testimony from mr to just now stephan. i'd like to go back to you the final word. what happens next in this case? well, there will be more questions from the committee members or forwards via email, or in any other means to of the, to clark c e. o. and he has a tied time for him to answer those. and then there will be at some point, maybe another hearing or if the committee decides they heard enough a recommendation to put a put possible ben a to vote on the, on the floor to the house house of representatives. keep in mind, and this is what everybody needs to keep in mind. those committee hearings are

serving a political purpose for the committee members who are playing of course, and use this as a platform to play, to their own constituencies and to rally their troops. but keep, also in mind, and that's the bigger picture. this all matters also for 2020 for the presidential elections because the national security, china is an adverse her adversary to the united states. as the other year said, tech cold tech course between u. s. and, and a china, these are top topics in the presidential election, 2024. so they have it. that is also why president biden in the white house and by new administration says we sell it or you get bent and uncertain future for take talking today certainly didn't help stephens siemens in washington and dan, i'm in sunny california. thank you very much. staying in the us, ford says it's electric vehicle division has lost $3000000000.00 over the past 2

years and it says it expects to lose another 3000000000 dollars this year with more to come after that it's as the losses stem from necessary investments as it brings production facilities online in the us, telling investors to see the car maker like a startup. and teddy austro is in new york with more on this forest. teddy. how does ford explain this massive loss? well, you're right daniel. this is a massive loss in the department of the company, bigger than the last 2 years of losses combined, certainly sent the stock down about 2 percent. that ford is trying to make the case that this is the cost of doing business. after all, ford is one of several automakers that are vying for a top spot in the green energy transition. they would like to be selling only 0 emission cars by 2040. now they're doing this through investment investment, big $50000000000.00 through the end of 2026. now this is in developing new models.

this is and building factories that actually build these cars as well as the electric batteries that fuel them. now it's important to know that ford actually isn't losing money. this is the, this has to do with their e v department. they are expecting to do better than last year, just among their combustion engine vehicles. so they're doing fine overall. but what's fords plan to start turning around is e v manufacturing business? well, let's remember, the tesla actually lost money for the 1st decade of its existence and now is the top e v manufacturer. ford is number 2 and has a long way to go. they are trying to jump started through these investments of this start up like department. it's actually a part of a larger shakeup at the company. they're trying to fund these investments through their combustion engine, vehicle sales, but of course they have stiff competition. us automakers, foreign automakers,

and of course tesla and a big hurdle will be the cost of batteries which are sky high. they will hope that to see them decrease, but they're quite optimistic for saying that they will be manufacturing $2000000.00 automobiles, electric vehicles per year by the end of 2026. and they're hoping for pretty hefty profit margins will test. are always argue that it was more of a tech serve, and now he was ford is doing the same. teddy austro on the new york stock exchange . thank you. illegal gold mining has long been a problem. in brazil, a new government agency is now fighting back and report so that is making good progress. but for many indigenous communities in particular, it's a stubborn scourge. and they're worried that the damage has already been done. brazil's federal police are calling it a new era in the battle against environmental crime and in defense of indigenous people in the rain forest. the newly created environment and amazon department of

the federal police says it ousted nearly all of the illegal gold minors from the yano mommy people's territory in northern brazil. illegal gold and other mineral mining has devastated the region which is about the size of portugal. not just polluting rivers and scaring off wild game. miners have also threatened indigenous people with firearms. that's all lead to higher numbers of malaria, malnutrition illnesses and dad's. or what is so central to the convention. they are 180 communities and approximately 14 or 15000 general mummy people in a state of emergency stuff. jim, a federal police say they focused on seizing equipment, including dredging raf, speedboats, and plains equipment is often also destroyed. please say this engine was used. any legal gold mining authorities say they've confiscated $1.00 kilos of gold and it's

gold and other precious metals that bring illegal miners like this one to the region illegally. mind source is account for roughly half of the gold exported by brazil. the government is considering laws to crack down on gold laundering, but that would require electronic receipts. i should, but he sees it the hell. we need a structure that isn't based on good faith seizure, battiata. it has to be on the approval for origin and a robust legal tracking system through text document suited the, the hash, the lead cow are thought vague, and the police were well support whenever there was suspicion that legal parameters were not fun. oh boy said go over once. yes, the gifts spot, arms, leg and foot off in beach. indigenous people are suffering immensely due to illegal mining how well a federal police say they are now conducting an investigation and to what could be

a genocide of the yano mommy population. but many miners have not been arrested, and the fear is they'll move on to other regions of the amazon to continue their you legal operations. before we go, a reminder of our top story take talk ceo as appeared to for us congressional committee to answer questions about the apps use of use a data the lawmakers are considering whether to recommend an outright ban of the app in the us and you're up to date with a d w business from me and the team here in berlin. thank you very much for watching climate neutral by 2045. germany's public transport system is going green. is a good bye to the old bus sleep. no, they're converting to electric energy which presents

a technical challenge. is it worth it for the climate? absolutely. but what about for businesses made in germany? d. w. and in the plight of the pinnacle in trading in endangered species in africa and asia. my grandma, some people consider their meat to be a delicacy, and their skills are used in popular remedies. the black market trade is flourishing . this report follows trafficking routes from the congo to vietnam. with on d w. o. ah, you become a ready know who's with

hackers and paralyzing your societies? computers that out you and governments that go crazy for your data. we explain how these technologies work, how they can go in for, and that's how they can also go terribly. watch it now on youtube, a know once upon a time with bank for consider to some of the safest places to park your cash.