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tv   Business - News  Deutsche Welle  March 24, 2023 5:45pm-6:01pm CET

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just work of small companies around the world who feed the algorithm. we'll take a look at one of them. i'm seeing directly in berlin, welcome to our show. tensions are growing between beijing and washington over the fate of tick tock in the us. china warning thursday against u. s. efforts to ban the popular app or force parent company bite, dance to divest its u. s. operations. and that came just before shoji chew c e o of by dance, which is the company behind tick tock testify. the congress that the ap had no significant ties to badging calls for washington to act on the social media gathered steam after that testimony. the issue is the latest source of tension between the 2 nations. and clifford coon and my colleague joins me for more on that. clifford, let's start with his testimony. there was, this is highly anticipated. a lot of people talking about how this would go, how did it go? well, i think it's fair to say it didn't go well for, for tick tock or its parent company by dance. it was basically, they done
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a lot of preparation. they'd install the ceo who, who looks in many ways like he's, he's a chat g p t version of, of the. so, you know, exactly, you know, he's, he's, he's singapore in, so he's not mainland chinese. he's harvard, goldman sachs, you know, he's got these excellent credentials. he's a great appointment and they hope that by that that they can basically present a much more progressive, a much less china people's republic of china aspect to the company. and instead he faces grilling and i mean tech ceo's never do well in these congressional hearings . i think it's probably fair to say, but he still, he, he evaded questions. he was, he found it difficult to answer things. for example, was asked about shinji young. now i know a lot of ceo's are being asked to have the western chinese province are muslim. minorities are oppressed exactly. yeah. and he was asked about whether there was persecution of the weaker muslims there. and he kind of dodge the issue and try to
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focus on the content of that that's in the, in the app. so other western companies have done this. volkswagen has done this in germany. they've also said that there's no labor violations of their plants in, in change young. but it's just one of those examples of things where he really, he really faced a grilling and didn't come up with the goods you use, the word installed as if he's not the real face of this company. is there anything that you could've said to reassure congress in this case? i think there's been a lot of things. i mean, since the trump donald trump, basically try to put tick tock up for sale a few years ago. and then he changed his mind also because the chinese stood up, the chinese government basically they love the algorithm that runs tick tock. and that row that runs the in which is the chinese version of to talk because tick tock is actually found in china itself. and they so it, rather than give up their crown jewel, which is the tick tock algorithm, they basically put on the list of band export items. and which they,
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at which point to talk that we're, we're not going for sale and then trump moved on anyway. now the biden administration has revive the has revive these things, but forcing to talk to, to divest. so i think that basically, against that kind of backdrop, we've also had very spying allegations against them that they've admitted that they, they use their software to. they used to talk software to, to follow some journalists from both both feet and several employees of the company . we should say at least that's what the company itself. yeah, yeah. of both feet and financial times and they've since apologize and employees have been fired. but it's got this, this air of espionage suspicion corporate corporate espionage. so for a little you could say, let's listen in this case to what china said, following a testimony. if you play that may vary in the u. s. should respect the principles of the market economy and fair competition. it should stop unreasonably suppressing companies from other countries and provide an open fare and non discriminatory
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environment for investment and operation. or at a spokeswoman for the chinese foreign ministry there, when we set aside sort of the weirdness of the fact they're talking about free market principles, the communist party there in china. where does tick tock fit over all in the general trade dispute picture between us and china that we've seen in recent years? well, i think what we saw yesterday was kind of an unfair tick tock is positioned, is that the center of what is increasingly a battle ground between the u. s. and china? we're seeing it now. we've seen in geopolitical terms, over issues like taiwan and, and, and now we're seeing it in the corporate world. it's really stepping up. it began with, wow, way for the tech telecoms gear provider while way, which is has strong links to chinese government and approve problematic around the world and tick tock in some ways. is a much more public version of this. it's the public face, a much more public face for this corporate competition that we're seeing now between the u. s. and china and its ideological competition. it's basically you're
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seeing 2 very, very different styles of corporate governance coming head to head. you know, critics, i pointed out that western tech firms also have issues with transparency when it comes to data security or their data policies to the algorithms perhaps, perhaps. and that also there have been instances of western tech employees using the algorithms to target reporters. for example, or other firms, i should say, i don't, these people have a point that this is sort of strange that this chinese company really comes in the spotlights when there are similar examples with western tech firms. well i think, i think the big difference is, is transparency. um facebook marks arkenberg has been, he's been one of the tech ceo's is perform poorly in front of a congressional commission before. and when you bring, when you bring people up, you know, you see before these, you can see that they do indeed have a point. but am at the same time, there's no transparency and there's that people are, are not sure whether the chinese government can just reach in and take whatever
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information you want. i think that's ultimately what it comes down to. or i clue for kuhn and it'll be business. thank you very much. i left her now to some of the other global business stories making headlines. are i staying in china authorities? they're rated the officers of us corporate due diligence, firm mince group, and attained 5 local staff. the news comes amid a deterioration in us china relations and months of diplomatic tensions. the rate of men's group offices is likely to raise concerns among foreign companies, their u. s. prosecutors are investigating swiss banking giants, u b. s, and credit suisse, or allegedly helping russian oligarchs. evade sanctions. the to lenders, fe, significant vines, if the justice department finds evidence against them. us authorities began investigations before the beginning of the recent banking crisis, which saw you b. us agree to take over credit suisse. germany is bracing for severe transport
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delays and disruptions on monday. the country's 2 major trade unions verde and e v g have announced a nationwide public transport strike for it is now demanding a more than 10 percent pay raise for public sector workers. a chat, g p t being bar, just some of the most prominent consumer facing ai applications out there. but how do they get so advance? well, there's a learning process and that takes constant feeding of the job. and that work often tedious, is done far away from silicon valley, and it's created a small industry of its own. take a look. rashni is one of some, 200 women who work at this data center in southern india. the 25 year olds job as a data worker and bob's feeding algorithms with new information. this just seems like a given a, giving an individuality to me. they are. i feel as an into that like,
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i am earning know i'm a dependent and i'm her freedom of a like a financial freedom is something different. if he had ex meetings in her company employs more than 700 people who all graduated from good schools. that's a must because the company deals with large international customers to we're teaching the human in diligence, to a machine that is simply called artificial intelligence. we also use machine learning, for example, it got to be totally will as safe driving. got it is called autonomous driving. so in order to do to this machine or disco, how to drive in the profit, what is human? what is wrong? what is the weakest realty to them? issues by labeling annotating on the corolla, there's been an increase in a i companies and they're drawing interest from foreign firms. it's attractive because costs are lower. a young professional earned $250.00 euros per month on average. but branding challenges remain for companies trying to pitch their workers
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as serious competitors to others on the international market. it is not true that these workers are a low skilled workers, that it's not true. many of them i work with many workers in bulgarian syrian and nurtured tina. and many of them have degrees. they have a decrease in computing and i t r, computer science and so on. so it is not. it's just that they don't have the opportunity to work it better just so they do dis, ah, as a way to make ends meet as a company in folks is breaking the industry mold by offering sick pay an maternity leave while rationing still lives with her family. she finds the benefits appealing, we could see for ourselves when we can get a better life for our family. so this is elise will basically fietta combating other companies. and this hasn't been the standard and global ai data work. but
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with the sector growing 25 per cent annually, things are slowly changing for the workers who feed machines with information. hundreds of thousands of russians have left their home since the beginning of the war. one destination is georgia, where russians can enter and earn the right to work without complication. tens of thousands are staying in the black sea city of but to me there's a look at one recent immigrant. but to me, georgia, a place of refuge for thousands of russians. one of them is maria and i t specialist from st. petersburg. she and many other refugees say they're against pu and, and the russian warn ukraine. she supports russian opposition. politician alexis, of all me. but after his poisoning and imprisonment, she sees no future in russia and putting a little possible to hold demonstrations in georgia in russia,
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they would immediately throw you in prison. records in, in georgia is her temporary adopted country. getting in was easy. russian citizens don't need a visa. maria rents an apartment with a kitchen, bathroom, and bedroom for about $500.00 euros a month. betty shares the flat with her maria is financially stable in st. petersburg. she was well paid, working as a programmer for an american company. here she works for a new client based in israel, george and makes it simple for refugees to gain a foothold. residents and work permits are issued within a few days. rosa, yada walter. i registered as a sole proprietor yet good. all of that. it's very easy and takes a day or 2 because taxation for small businesses also very low, only one percent of income for the sward. that's a unique situation and very attractive for i t specialists decide to move. it's also the reason why many programmers come here. there are tens of thousands of us
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often requiring on the south campus. many of the countries young talent are fleeing to other places and turning their backs on putin. right, that's our show for now. we'll be back later with more headlines. in the meantime, check us out a line d, w dot com slash business. we're also on youtube under the dw news channel i'm seeing here is it like to watch with ah, with
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ah, it inspired by a free man, incontinent base thing with creativity. needs artists, designers, and cultural icons that within lifestyle ada comics are as diverse and exciting as the continent itself. with in 30 minutes on d. w. and the plight of the penguin trading and endangered species in africa and asia library. among 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.
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good morning. see the world as you've never seen it before. describe now t d w document. ah ah ah, this is dw slide from berlin. you lee, this try to calm down financial markets. at the end of the brussel summit, german chancellor and others hail what they call stable banks and tougher regulations. meanwhile, shares and thought back suddenly tumbled, also coming up. germany's foreign minister promised to support.

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