alphabay and hansa we re investigation.and hansa were linked to drug trade, stolen data and weapons trade. shares in ebay have fallen about 5% in after—hours trade after they warned that profits could fall for this quarter below analyst estimates. they are spending big on marketing and revamping their platforms to attract more shoppers. it is striving to compete with rivals like amazon. microsoft has had a revenue jump amazon. microsoft has had a revenue jump in the three months tojune. it saw shares rise in after hours trade. however, they are laying off thousands of workers from the global sales tea m thousands of workers from the global sales team in a bid to boost its cloud division. the microsoft ceo has confronted one of the biggest challenges of the sector, taking a company that was dominant in one market and retooling it for new markets. its original moneyspinner is steadily losing value. in microsoft's case, windows softwa re value. in microsoft's case, windows software was at the heart of the original computer rev

the alphabay and hansa sites had been linked with trade in drugs, weapons, counterfeit goods and stolennvolved police in america and europe. angus crawford has the story. hidden, illegal and hugely profitable, hansa and alphabay, from drugs to guns, credit cards to counterfeit goods. now closed permanently, thanks to operation bearnet. good morning, this is the largest, dark market web—based take—down in world history. announced in washington to celebrate the work of police in the us and in europe for shutting down 40,000 illegal sellers. this is two of the top three marketplaces. we've taken out the infrastructure supporting the trading of 350,000 different types of illegal drugs and other illicit commodities, so this is a big impact. dark websites cannot be found on google, but only by using the specialist tor search engine. messages are encrypted and anonymous, payments by virtual currency like bitcoin, almost untraceable. buyers log on, choose a product and have it delivered to their door. tonight, more than 30 sites are still operating. 40,000 vendors put out of business. it is a h

hansa and alphabay — from drugs to guns, credit cards to counterfeit goods.good morning. this is the largest, dark market web—based take—down in world history. announced in washington, to celebrate the work of police in the us and in europe, for shutting down 40,000 illegal sellers. this is two of the top three marketplaces. we've taken out the infrastructure supporting the trading of 350,000 different types of illegal drugs and other illicit commodities, so this is a big impact. dark web sites can't be found on google, but only by using the specialist tor search engine. messages are encrypted and anonymous, payments by virtual currency like bitcoin, almost untraceable. buyers log on, choose a product and have it delivered to their door. tonight, more than 30 sites are still operating. 40,000 vendors put out of business. it's a huge result for law enforcement, but buyers will always find new suppliers. it's taken me about 20 seconds to register on this dark web market. it's now offering me anything from cannabis, to speed, to cocaine. for computer experts tha

the alphabay and hansa sites had been associated with the trade in drugs, weapons, counterfeit goodsidden, illegal and hugely profitable, hansa and alphabay, from drugs to guns, credit cards to counterfeit goods. now closed permanently, thanks to operation bearnet. good morning, this is the largest, dark market web—based take—down in world history. announced in washington to celebrate the work of police in the us and in europe for shutting down 40,000 illegal sellers. this is two of the top three marketplaces. we‘ve taken out the infrastructure supporting the trading of 350,000 different types of illegal drugs and other illicit commodities, so this is a big impact. dark websites cannot be found on google, but only by using a specialist search engine. messages are encrypted and anonymous, payments by virtual currency like bitcoin, almost untraceable. buyers log on, choose a product and have it delivered to their door. tonight, more than 30 sites are still operating. 40,000 vendors put out of business. it is a huge result for law enforcement, but buyers will always find new suppliers.

the two websites in question are alphabay and hansa. what you now find if you manage to access either website. this is because of co—ordinated action by law enforcement agencies in the us and europe. this is the us attorney jeff sessions earlier. today, the department ofjustice announces the ta kedown today, the department ofjustice announces the takedown of the dark web market alphabay. this is the largest dark market web takedown in world history. alpha bay largest dark market web takedown in world history. alphabay staff member claimed that this group serviced more than 40,000 illegal lenders, people who sell illegal products, for more than 200,000 customers —— vendors. by far most of this activity was in illegal drugs, pouring fuel on the fire of the national drug epidemic. you may be wondering have there been lots of arrests as well. the bbc‘s gary o'donoghue was in the press briefing andi o'donoghue was in the press briefing and i spoke to him earlier. that have been a few arrests. the guy who ran alpha bay which have been a few a

the national arbitration form which is an industry funded group of attorneys where they select they hansa lect who goes into that form into that panel of groups and so you have one person one person deciding what is your compensation if any and ninety some odd percent of the time folks lose but number two what are your rights so it's really it is the in caps relation of the american kangaroo court is the arbitration clause system so in other words the thief steals money from you the corporate thief steals money from you one way or another if you're falling through your credit card that your bank through your stock whatever it may be your stock account they steal money from you and then the faith gets to pick the people who are going to decide whether they did anything wrong it is those that get a right is that accurate that's a good that's exactly right and what's even worse is it can turn it it can turn on the other side too so in other words what are your rights it gets a kompany now say is this has happened to many servicemen and women who've served overseas what happens say if there's

but also they took another site down, hansa, a third dark web market, and before they took it down theyobserved it for a month, they knew what was happening in the underground market and probably identified thousands of its users who are now identified. >> did all of the users move to the other site? >> this is kind of the trap that the international forces, the fbi, dea, europol and then weeks later shut down the very largest site and that sort of sent all of the largest site's users, alpha bay's sites users, able to watch them do some transactions, probably gain the oiferg details of many more users that way. that was certainly part of their intention and i thought it created a kind of psychological impact. there is a fear that the dark web users are everywhere. >> sreenivasan: if they are buying and selling physical products, they have to go to a place in the real world right? if you are buying something you have to get physical control of it. the different authorities say now i know i've got your address. >> reporter: in theory, when you buy drugs on the dark web you encrypt the add

alphabay and hansa, who operate on the so—called dark web, were closed after a joint operation between general says it shows the dark net is no place to hide. sir vince cable is the new leader of the liberal democrats. the former business secretary was elected to the job after no—one decided to run against him. the 74—year—old has replaced former leader tim farron, who stood down after the election. in his first speech as leader he called for an "exit from brexit". here's our political correspondent vicki young, her report contains flash photography. and our liberal democrat leader, vince cable. most would be relaxing into retirement at the age of 7a but not sir vince cable. he is still burning with ambition and fighting forbidden to stay in the european union. what we now need is an exit from brexit. we must consult the british public at the end of the process , british public at the end of the process, to put to them the choice, do you wish to accept what is coming down the track, jumping off a cliff and hoping there's a tree to catch you? ordo and hoping there's a tree to catch you?