mr nadella was in indonesia and thailand earlier this week. in the region. hong kong will release its growth figures in the cities finance chief said he was expecting a moderate increase in its gross domestic product. the object of the economy grew between 2.5 and 3.5% in the first three months of the year. hong kong has been look for new ways to boost its growth which includes attracting more tourists. and that's it for this edition of asia business report. thanks for watching. hiya. i'm betty with the catch up. tonight, an update on the hainault attack, a lamar diss track and fka twigs handmade deepfake. let's start in the us, where student protests against the war in gaza are sweeping the country. these are pictures from ucla where counter—protesters attacked a camp set up by pro—palestinian demonstrators. and columbia in new york, where police arrested hundreds of protesters. edgar gomez is a ucla student. there were fights going on, too, like they started hitting each other with sticks. and there were a lot of moments where there were jus

mr nadella was in indonesia and thailand earlier this week.t officials and businesses and announced investments in al that the technology giant will be making in the region. turning to india now, where politicians are recognizing women as a significant force in the ongoing elections. of the country's billion voters, nearly half are women. as more women head to the polling booths political parties are courting them with various pro—women schemes and policies. archana shukla reports from the southern indian state of karnata ka. an exhausting wait. but chitra's daily commute in rural karnataka is easier once she hops on. women ride forfree in buses under a state government scheme. for chitra, it's a ticket to financial freedom. translation: i save at least 1096 to 1596 of my salary - and it helps in managing household expenses. besides, we can now travel for work or pilgrimages without thinking of budget. free bus rides are quite popular in several indian states, especially among lower income groups. this way more women access job opportunities.

mr nadella was in indonesia and thailand earlier this week. in al that the technology giant will be making in the region. johnson &johnson has outlined a new settlement to resolve nearly all of the lawsuits it faces over allegations that its baby powder and other talc products cause cancer. over the next 25 year, j&j will pay roughly $6.5 billion to former customers with ovarian cancer claims. whilst the pharmaceutical giant still maintains its talc powder does not cause cancer, the company is looking to put an end to this costly legal battle. around the world and across the uk, this is bbc news. let's talk about the japanese currency — the yen. it's been hitting the lowest level in 34 years but it's surged against the us dollar in early asian hours. joining me now from our asia business hub is our resident �*yen geek�*, mariko oi. i hope you do not get upset by that but that is out nickname for you. so, did the authorities intervene? are men, can ijust say, i am feeling the love. i did not have to ask, your producer asked me to talk about the

and then -- >> oops. >> reporter: then satya nadella erased that one.et's fast forward to what we're going to expect to see from apple. we saw the android vision for ai on the android side. and we're going to find out in just a few weeks time what that looks like on the iphone. but that's really up to apple. but again, you know, we keep hearing the reports that they're basically have a deal with open ai to provide some of that capability on the iphone. so, you're totally right. that microsoft doesn't make phones and this is a pc-focussed thing for now, but nadella and his team have also said they expect this technology to be everywhere. so that's something to look forward to in just a couple weeks, tyler. >> reporter: steve, thank you very much. steve reporting from microsoft today. >>> now on to a read on the consumer from two key retailers. macy's trading higher while lowe's are lower despite beating on earnings. the ceos of both companies still expressing some caution about the consumer. here to make sense of it all is melissa, retailer and consumer

meanwhile, microsoft's chief executive satya nadella is on the final stop of his trip to southeast asian meeting with officials and businesses, and has made several investment announcements, including pumping $1.7 billion into ai and cloud facilities in indonesia. the tech giant is also opening its first regional data centre in thailand. today he will be in malaysia where he's due to meet the country's prime minister and speak at an artificial intelligence event in kuala lumpur. turning to india now, where politicians are recognizing women as a significant force in the ongoing elections. of the country's billion voters — nearly half are women. as more women head to the polling booths, political parties are courting them with various pro—women schemes and policies. archana shukla reports from the southern indian state of karnata ka. an exhausting wait. but chitra's daily commute in rural karnataka is easier once she hops on. women ride forfree in buses under a state government scheme. for chitra, it's a ticket to financial freedom. translation: i save at least 1096 to 1596 of my salary -

satya nadella with a two point 2 billion-dollar announcement.e's biggest software firm looking to migrate customers from its legacy premises system to the cloud. sap is offering ai services to sweeten the deal and plans to invest more than $1 billion into the technology. joining us exclusively right now, we have scott russell, executive order member and chief revenue officer at sap. thank you for joining us. let's talk about the detail of this billion-dollar investment over the coming two years. can you give us some specifics about what you are developing and what the applications of your developments will be used for? >> sure. there's no doubt the growth of ai, it's real, not hype. it's here to stay. and for businesses who are already on their growth journey and transformation journey to the cloud which we have seen resulting in q1 earnings growing at 25% here in asia pacific and japan growing at 35%, businesses are moving to enabling comp capabilities which you need. that means businesses can use and leverage ai. why is ai so relevant to us? w

mr nadella was in indonesia and thailand earlier this week.nced investments in al that the technology giant will be making in the region. around the world and across the uk, this is bbc news. you are live with bbc news. let's turn to india next where the general election is underway. under prime minister narendra modi's 10 year rule in india, he and his ruling party, the bjp have been accused of singling out india's minority communities, especially muslims. at a political rally last week, mr modi said the country's main opposition party would redistribute people's wealth and property to muslims, if elected. it has many of india's minority groups worried about their future. 0ur south asia correspondent, samira hussain is in kerala. the prime minister received quite a bit of backlash from opposition parties and from the muslim community saying those comments were the equivalent of hate speech. it gives you an idea of some of the divisive language that is being used here. but it's not everywhere as i found out on one particular st corner in keral

anti-test is not the issue the top of the mountain is nadella. renaissance and we're going to look back, this is meta 18 months ago. the point is like sentiment awful from an institutional perspective, retail skeptical, but this will be another flex the muscles moment for apple over the next 12 to 18 months. >> talk to you then, if not before thanks. >> thank you. >> still to come the names to bet on here if you do believe that consumer spending is here to stay. plus, what ceos are seeing on main street, that's coming up next as we go to break the biggest gainers on the s&p this week what a week it's been for solar and retail with cks deerin there as well. stay with us i can't believe you corporate types are still at it. just stop calling each other rock stars. and using workday to put finance and h.r. on one platform. tim, you are a rock star. using responsible ai doesn't make you a rock star. it kinda does. you are not rock stars. (clears throat) okay. most of you are not rock stars. oooh. data driven insights, and large language models. oh, th

ceo satya nadella rereelvealingt they call co-pilot pcs and we've been talking for much of the year and bavesically claiming ta these pcs will spur the big upgrade of pcs and they expect to sell 50 million aipcs across different manufacturers throughout the year and just some new additions here. this is going to obviously focus around the co-pilot assistant. these computers will be made by a variety of manufacturers and not just microsoft, but we're expecting to hear from hp, dell and so forth and also a big part of this is going to be open ai you might remember ai released its new model gpt 40 and that's the one that lets you have a natural conversation and they give an interesting demo when they had a chat about the minecraft game and chatgpt giving tips for the game and just one example of how they see ai playing into the device and that was also a big question going into this event. the hardware is easy to understand, kelly, that you can make these pcs as powerf as you want, but if it doesn't have compelling software and what these pcs can do on the ai front that will spur these upg

for microsoft and nadella, it's clear, they are in the lead when it comes to ai with you saw it fromast week. this is showing what's going into the broader ecosystem i believe this is the start for monetization what could be an incremental 20, $25 billion annually that gets put into revenue. >> that's the microsoft perspective. what is the apple perspective as far as you see it? >> i think this is going to be a renaissance of growth for cook and cupertino. the openai partnership which we believe is going to be announced, that's the start of it, but going to be an ai app store that apple introduces along with ai coming in iphone 16 this will be the most important event for apple in the last decade. >> you called it a shot across the bow to apple but glowing about what apple will do in its own right, reconcile those two >> i think microsoft recognizes the biggest fear, apple, which has been behind on ai, now starts to go after the consumer. microsoft wants to own that. now i personally believe microsoft owns enterprise and we've seen that from a copilot perspective, but they know they'

. >>> microsoft betting bigger on asia with the $2 billion digital infrastructure in asia satya nadella>>> and sk hynix says it is l. s almost sold out of chips. >>> and tesla job cuts hits the summer interns after getting offers revoked weeks before the internships were set to start. >>> and back to the trading day head investors are digesting what the fed said yesterday jim cramer says you should take jay powell at his word as inflation remains stubborn. >> all we wanted was the all-clear sign and we can thank fed chief jay powell for giving us one today when he spoke after the market committee ended and left rates unchanged did he say you can go buy, buy, buy? of course not. he is the fed chief. he may as well done so. >> join me now is nicholas, head of u.s. equities at columbia >> frank, good to see you here. >> i'm trying to learn the european pronunciations. nick, you heard what jim cramer had to say did the fed give the buy signal to investors >> i think what the fed said was positive it is positive because what the chairman did was take the tell risk off the table and at least

and ceo satya nadella calls them the fastest, most ready windows pc. which makes sense, because ai is only about half a year old. welcome to both of you, steve. >> hello, youssif, fresh off the stage from this big copilot pc announcement. we knew there was going to be more ai features and really focused on hardware. i guess my question for you is, now that we have this ai pc moment happening with you, you guys are calling it pc moment. what are you telling the people who you said this is going to be an upgrade moment for a lot of people. when people are looking at these devices and say i may have bought a computer two or three years ago during the pandemic, why do they need to upgrade again now? >> first of all, the computers they have today will be great, and we're bringing things like copilot to these pcs. these are the most advanced pc's we've of will. their faster than a mac book by a long wile. you can get essentially a photographic memory of anything you've ever seen on your pc called recall. you can create in realtime with ai. fast, private, and

microsoft is making a massive investment in malaysia, ceo satya nadella announced today.h giant will spend more than $2 billion over the next four years on a new cloud and artificial intelligence infrastructure in the southeast asian country. microsoft is looking for support for its ai development around the world. >> around 2.5 million people in asean getting skilled in ai. we will have more than 200,000 people in malaysia getting skilled in ai. so it's exciting to see that. >> earlier this week, microsoft also announced billion dollar projects in indonesia and thailand. >> a bill that would put more funding towards menopause is getting some star power. backing actress halle berry joined lawmakers at capitol hill to unveil a new bill that would increase federal research and public knowledge about menopause. the bipartisan legislation is promoted by berry, who calls herself a champion for women's health. >> the shame has to be taken out of menopause. we have to talk about this very normal part of our life that happens. our doctors can't even say the word to us, let alone

. >> you look at nadella and obviously apple and cook, this will be a really battle that plays out goingfter that trillion dollar spend. >> if siri becomes powered by chatgpt i would default to using that all the time. what's google's answer to that? >> i don't think they have that answer yet. they're talking about a search assistant and what that could be. but the nightmare for google, what keeps sindar up at night, it's cook getting together. they launch, that's not good for google. they wanted to be front and center in terms of gemini. and i think that's an important dynamic that's playing out here who is going to monetize. >> maybe in fairness to them, google might argue it has the better position with enterprise with its tools in the cloud, reliability, capability, simple scale but with the consumer, if this voice usage disrupts me going to google, i don't know how google can answer that. >> and i think that is the biggest challenge. and that's what they're really trying to showcase today that this technology is going to be so good that your not going to bypass that. you'll hear nex

third microsoft, 97% rally got plenty to do with ceo satya nadella's decision to go all in on his cloudrastructure business called azure. oh, it was a gutsy bet going up against amazon for web services. but it's paid off. most recently the aggressive posture toward ai with a big investment in openai has put microsoft in pole smorks say driver's seat in the artificial intelligence race. it's one of the few companies besides nvidia that has an actual ai profit center. fourth, david solomon's taken some real heat for some of his term at the helm of goldman sachs. but the stock has given you a 96% gain during the dow's run from 30,000 to 40,000. those that spew negativity are way out of whack with reality here. by returning goldman to its roots focusing on the wealthiest of the wealthy while staying on top of m&a and ipos he's rolled back the previous agenda when the company was trying to pivot to the consumer, regular people, which blew up in their face because that was never what goldman sachs was about to begin with. he used to be rough around the edges but he's a good business person wh

nadella has said. >> reporter: yeah, scott.s our artificial intelligence, of course, and just a slew of announcements coming out. most of them are wonky and focus on the developers that are here. about 4,000 of them i'm told. high level here, just some consumer facing stuff, co- pilot, which is, of course, the most important ai software product that they are actually selling. that's getting an update. they are calling it kind of a project manager version. it's called team co-pilot, meaning whereas before co-pilot worked on an individual basis, now it can manage groups or manage even your entire organization. but a lot of today focused on openai and that latest gpt 4.0 version that openai just shared last week. that's the one where you could have a sort of natural language conversation, it's multi-modal, meaning it could interpret images, text, and voice. but of course, there was that controversy, the scarlett johansson thing, where they had to take down the voice that sounded like her. scarlett johansson saying they didn't use

satya nadella said during the trial that such default settings are the only things that matter to consumerst the department of justice lawyers to raise questions. if this product is so much better, why do they pay apple tens of billions to be the default choice the decision from the judge is not expected until over the summer observers say the ruling could change the tech giant's business in years to come one potential beneficiary could be apple which could see an opening to offer a search product of its own the irony is that apple is subject to its own anti-trust lawsuit from the department of justice. >> eamon, do you say the government's fighting an old war and not the next war given a.i. you are talking about search and it seems in the next year or two, search is going to turn into a.i. and we are talking about a new cast of characters >> reporter: that's the criticism. you are talking about display advertising and search engines and things from the very early 2000s in terms of technology it really is a to tal tran transformation based on a.i. that is what google would say. the governme

the information first reported the news and says that microsoft's ceo satya nadella is concerned about potential conflict with its open ai partnership. microsoft has invested more than $13 billion in open ai. >>> nearly 2 million bottles of fiji water sold on amazon are part of a recall. the u.s. food and drug administration said fiji found elevated levels of manganese and bacteria in 79,000 cases of the water sold between february 1st and march 3rd. 99% of the affected bottles never even left the warehouse. >>> and one of john lennon's guitars from his time with the beatles just sold for $2.9 million aft auction. that makes it one of the most valuable pieces of beatles memorabilia. the 12 string acoustic guitar known as the hootenanny was believed to be lost for over 50 years until it was discovered in someone's attic in england. it was used in the recording of the albums help and rubber soul. kate, would your husband have paid that much? >> absolutely not. >> father's day is coming up. that could be a good gift. >>> coming up, are you in the market for a new home? the resurging trend

so is broadcom, by the way >> nadella on "good morning america" today when we come back cramer's "madh," a lot of names we haven't fureinheeno t. tus t red stay with us i can't believe you corporate types are still calling each other rock stars. you're a rock star. we're all rock stars. oooo look look at my data driven insights, i'm a rock star. great job putting finance and hr on one platform with workday. thank you! guys, can you keep it down. i'm working. you people are (guitar noises). hand over the air guitar. i've got another one. it's a beautiful... ...day to fly. wooooo! >>> take a look at laggards to start the morning. uber is number two there we just mentioned the bookings number, roughly in line, you could argue, but mostly the guidance for q2 bookings ends up being a bit light. we'll keep an eye on that name, which looks to open down about 8% opening bell is coming up in a few moments, and don't forget, you can catch us any time, anywhere, just listen to and follow the "squawk on the street: opening bell" podcast. ♪ (alarm sound) ♪ amelia, turn off alarm. amelia, weather.

a big keynote with satya nadella and his top executives as well >>> steve what do you make of ai pcs?a pc what is the catalyst for them and the potential of the size of the market here? >> yeah. that's the hope, right, sara, that this kind of idea of even if we're just marketing them as ai pcs, people are going to run out there and want to upgrade because of that. but like i said, they really have to prove a use case, why is an ai computer, what can this computer do i couldn't do with a computer i bought last year? that's the sales pitch they need to clarify and explain because right now, it's just very limited we know, for example, a lot of ai stuff we've been using, chatgpt and anthropic, perplexity, happens on the internet you don't need special hardware to do that the question becomes, what are they going to have in the operating system side that can convince people to buy it? carl >> perfect segue for our next -- say if '23 was the year of ai hype, '24 may be the year of disillusionment. joining us jerry marcus an ai expert and book of "taming silicon valley we can ensure ai work

nadella, sievert, who's brand-new, meegd chose, very forwardly, by the way, chose laxman, so i don'think that this goes further unless, david, you can tell me, does an elliott move in here? does ackman move in here, who was there before? does someone -- does pepsi move in? does nestle or those type of things that just because of antitrust might as well just forget about? >> i mean, it's awfully hard to imagine multihundred billion dollar deals, even if it adds up on paper. you're probably going to get challenged in some way, what you're describing. it would be fascinating. but -- and activism, jim, you're got to have a plan. to your point, it's not likely trying to sell the company. a plan from an execution standpoint that's going to somehow create value. is that obvious at this point? >> not at all. and i think that one of the things that is -- that i think howard may be trying to do is simply get the board to try to help more about what's going on, and it's not clear that what's going on is anything other than the fact that the numbers were so horrible, that howard was shocked, lik

satya nadella looks smart. ground work a decade ago and it is paying off. >> final piece on the apple piece of it. speculation of the apple deal. how deep do you think ultimately the a.i. assistant, if it is powered by openai, could ultimately work inside an apple phone if it is not apple's i mean, what you want to be able to do is say, uber, get me a ca this second. not just get me the song on spotify in a sophisticated way and go deep into the app with siri, you cannot go deep into the app >> that is interesting this the idea of the a.i. agent. bill gates has written about it decades ago. who needs an app it is all voice and all yourself that could be a threat to apple and the app store model. apple enabled their a.i. system to tap into that with a phone you described. >> joe and becky and i are having lunch tomorrow and wednesday. it makes the reservation and sends joe and becky the invite email. it figures out you are across town >> it is shocked you would sit down for lunch with joe. >> it would do all the