and it's a completely different ballgame i want to pick your brain on some technology issue is the u.s. tech shares have been decimated at the same time the u.s. has started a vicious trade war with china targeting a while way in particular how much of this is about wall way competing too well with the u.s. tech sector and how much of it is real. i think quite a lot of it is. you know competition if you like i mean the idea that. a u.s. tech company should be on really as times earnings to my mind as complete lunacy. i just don't understand why it is that we move away from as you put it you know the proper valuation basis except when you get into a financial bubble and putting that to one side there is no doubt that side america there is some very very good competition and particularly from china with far away and i don't think it's any coincidence that suddenly the intelligence agencies round the world are turning on our way and i'm trying to keep my eyes of five g. which is the new mobile standard. hiway are i think at least as good as most of the rest of us say you know not here and eriks

think there's -- huawei issues are what they are those are not the same issues here in the states u.s. tech is okay. >> i disagree with that because i think the chinese will be very wary about bringing in much u.s. technology if they think huawei is under attack and that this isn't going to be lasting. i think the markets are pricing in these trade negotiations, but not pricing in at all perhaps generational nature of u.s.-chinese contest for the commanding -- >> hard to price in unless you put a zero on the chinese business and maybe that's why investors felt more comfortable and netflix and companies with exposure to china lately >> it's impossible to price in but impossible to ignore at the same time. i talked to the national security adviser he says what has to happen we have to be strategic competitors and strategic collaborators at the same time. in history that's never happened been the two leading competitors. >> seems like we're trying to do that with every other country. maybe this could be a template thank you both >>> here's what's ahead on the exchange >> coming up, netflix ral

france's data watchdog has announced it will find u.s. tech giant google fifty million euros for breaching data consent regulations french authorities say google confuse users about which services were available if they did not accept the company's complicated conditions of use. google was accused of securing forced consent through the use of pop up boxes is the largest find to date under the e.u. strict general data protection regulation better known as g d p r. the ousted nissan chief carlos ghosn is pushing again for bail in his financial misconduct case in japan even offering to pay for an ankle bracelet and add nissan stock as collateral. the tokyo district court has already rejected previous bail applications going has been jailed for two months the widely celebrated architect of the renault nissan alliance is accused of underreporting his salary among other charges nissan has removed him as chairman renault is expected to meet later this week to replace him as its chairman and c.e.o. . saying in the auto world legendary rivals b.m.w. an

u.s. tech giants like facebook needed to be reined in for the sake of democracy. germany's economic growth will be considerably lower this year than originally forecast that's according to new government predictions in its annual economic report the government says it expects germany's economy to expand by just one percent in twenty nineteen that marks a sharp drop from the previous one point eight percent the dive is linked to drilling exports by global trade of it and the lack of clarity over braces the rest of demand meanwhile is expected to remain intact. let's go straight to our financial correspondent. for in that studio the car that's the second time the projections were lowered it echoes the sentiment at davos that does that what has changed what's changed your heart is that fewer and fewer business people believe that things like breaks it or the trade conflict between the united states and other places of the world will be temporary up until not very recently many people in germany's business world also here in the financial world said well in terms of b

u.s.-china tech stocks has been increasingly correlated. how closely tied or the fortunes of u.s. d china tech? at the restlooking of the world when it thinks about building businesses. not done a good job to compete with rivals like huawei. apple has not done a good job to dress the next wave of consumers. china is doing that more frequently with private tech companies and public ones. while i think there is investor sentiment, i think china is targeting a part of the world that is still very underpenetrated. emily: you talk about how tim cook needs better ideas and you focus on the shareholder letter which is we cannot change macroeconomic conditions but we are taking other initiatives to improve our results. one such initiative is to trade in a phone at the store. that sounds great, but is that the best you got? >> i agree, that was the only specific strategic change that tim cook mentioned and it was pretty lame, to be honest. it is true that the most important market for apple and other smartphone makers is the replacement market. people who already own iphones are buying the

imports terrorists but last week we reported that for example u.s. tech heavyweight apple is under this dispute as well is there now enough incentive to bury the hatch. so i would say that the evidence builds up that both sides are actually facing huge costs from that from that conflict it might be true of the economic cost is larger in bridging that in washington but it is also true that the political cost of all that is very sizable in the united states as well the u.s. president has a lot of attention to the the nam itself the stock exchange and here we have seen weeks of trouble so that means that the you has despite maybe facing this smaller economic costs are facing the higher political cost of that makes makes of them maybe ready for compromise. director of the usual center for international economics thank you for your insight you're well well twenty nine teams still feels pretty fresh and that might be just the right attitude to check out the latest tech gadgets while starting tuesday the consumer electronics show in las vegas will once again sho

government to determine how big a threat an individual would pose to the rigid regime those who said u.s. tech john's like facebook needed to be reigned in for the sake of democracy. germany's evil business confidence index has fallen for the fifth months in a row analysts predicted it would decline but it's been falling faster than expected also germany's economic growth this year will be considerably lower than originally forecast that's according to fresh government predictions in its annual report up next wednesday the government says that it's germany's economy to expand by only one percent this year the dives into twenty willing exports forced by global trade conflict and the lack of clarity over brits is the message demand meanwhile is expected to remain intact. vodafone one of the world's largest mobile carriers says it is currently not buying why a network hardware for the european market or more governments here and europe op lanny to stop mobile network operators from partnering with a chinese company to build five g. mobile networks for digs of chief among them the u.s. say the com

government to use algorithms to determine how big a threat an individual poses to the regime also said u.s. tech giants like facebook needed to be reined in for the sake of democracy. and staying with the tech sector and its challenges microsoft's search engine being is back online in china after being inaccessible for two days authorities have no reason gave no reason for the disruption which had raised fears of increasing government censorship chinese filters already blocked access to sites like facebook and google the country's leadership says services operating beyond its control are a threat to national security being complies with chinese government censorship by excluding certain foreign websites from search results. and that's our show thanks for watching have a successful day. a legend a constable in the sleep number of the funder known for going to be a fence. would drain the most potent shall good human the funds love the function the scorn and the success of the fair will come of the. idea oh shit now the. law next on g.w. . montreal international talk show before journalists discuss

issues in china that would really open the road for u.s. teche focus across ceos that i speak to. lauren: dan ives, riley walters, thank you for joining us this morning. cheryl: let's move to viacom right now. they are making another move into the world of online streaming. lauren: tracee carrasco has that story and other headlines making news. hi, tracee. tracee: viacom purchased the video streaming service, pluto tv, for about $340 million. the move allows viacom to increase the digital audience for its programming while givenning mtv an advertising platform. it boosts viacom's digital video capacity. viacom up about 20% so far this year. lauren: a lot of people say i'm done with social media, facebook deleted, twitter deleted, but not really. tracee: may not matter. recently published research from the university of vermont shows social media sites like twitter and facebook can be used to extract information about the preferences of former users, just by monitoring their contacts. anything from a political affiliation to purchasing practices,

u.s. and chinese negotiators seem to be making some progress. tech shares were also higher. by the ose, the industrial average rose by 256 points to 23,787. the nasdaq was up 73 and the s&p added 24. but the rise in the market isn't necessarily because o good news. i mean, yes, there was some and it helped. but there were also negative headlines out today. the interesting thing is, that the market isn responding to the bad stuff like it did just a few wks ago. b pisani starts us off tonight. >> so far the action this week is telling us ln awful of bad news has already been priced into the market. it just keeps costng. ks were up in europe and the u.s. despite news that was not or great. the big is earnings. samsung said fourth quarter operating profit would drop 29%. that's wor than analysts expected. they cited mounting uncertainty and lackluster demand in theme ry business. yikes. maybe apple's announcement cutting first quarter guidance wasn't a one-off. samsung is a global oucompany. a third of its revenue comes from the u.s. and latin america, 13% from korea, 15 from ch

u.s. can beat tech companies, but we do think the europeans can.he european approach is completely different and we are seeing that effect on these companies. we look to our european friends a lotorce these things more than here in the u.s. it's something microsoft dealt with a decade and a half ago and it hurt the company for almost a decade before it started growing again. this is a legitimate risk and one that probably should be looked at because they are such dominant forces. as an investor, you have to own these companies for the long-term at this point. ask -- let's to talk about tesla. askingion from a viewer for your estimates for the full year, for q4 and the full year of 2019. our estimates are pretty imprecise when it comes to tesla. obviously their business is changing so rapidly. we spec somewhere around $25 billion on revenue. 350,000 ev cars and at others.0,000 revenue will probably be around $25 billion. we hope and expect they will even or at a slight operating margin through the year as they invest heavily into their growth, espec

and let's say in europe where france is data watchdog has announced it will find u.s. tech giant google fifty million euros for breaching data consent regulations french authorities say google confused users about which services were available if they did not accept the company's complicated conditions of use google was accused of securing force content through these the pop up boxes is the largest find to date under the e.u. strict general data protection regulation better known as g.d.p. r. and his or one of the top stories we're following for you. british prime minister to raise the may has presented her backup plan for private rejecting calls for delays of britain's departure from the e.u. beyond the end of march she says she will hold more talks with her coalition partners and with the e.u. on the divorce deal. millions of people in the americas and in northern europe were able to view a total lunar eclipse the moon was fully obscure for about an hour before lighting up again a red glow. and you're watching the news from berlin after a short break friends will be back

imports but last week we reported that for example u.s. tech heavyweight apple is a king under this dispute as well is there now enough incentive to bury the hatch. so i would say that the evidence builds up that both sides actually facing huge costs from that from that conflict it might be true of the economic cost is larger in bridging that in washington but it is also true that the political cost of all that is very sizable in the united states as well the u.s. president has a lot of attention to the damage that the stock exchange and here we have seen weeks of trouble so that means that the u.s. despite maybe facing this smaller economic costs are facing the higher political cost of that makes me so they may be ready for compromise. director of the evil center for international economics thank you for your insight you're well and for some more market reaction let's bring in our financial correspondent only bartz early investors in asia were pretty hopeful that these talks will bear fruit what's the word on the frankfurt trading floor yeah t

amid the trade war with washington which has seen a rise in tariffs on cars important from the u.s. . tech rivals apple and samsung are cooperating on at least one front they have struck a deal that will see i choose video content made available on samsung smart t.v.'s apple plans to offer more services to reduce its dependence on i phone sales last week it says plummeted after it lowered its outlook to two weak demand for i phones in china to deal with the world's biggest t.v. maker could help apple expand its reach. and the consumer electronics show in las vegas will showcase the most recent developments in the tech sector from tomorrow official intelligence will attract a lot of attention it's being fed into more and more hardware from autonomous cars to spot household help us this robot gets upset when it can't help with chores. like folding towels but there's another machine for that just one of the many highlights from the twenty eighteen consumer electronics show which also featured. and do a back for hips. artificial intelligence remain a major focus at this year's c s in las vegas

government to use algorithms to determine how big a threat an individual poses to the regime he also said u.s. tech giants like facebook needed to be reined in for the sake of democracy. and here's a reminder of the top stories we're following for you at this hour and battled venezuelan leader nicolas maduro has to fight international calls to step down after the military and key allies including russia and china dismissed an attempt to oust him and germany's foreign minister who set out his plan for the country's two year term on the united nations security council he told me that climate change women's rights and this all moment efforts would be key concerns for germany during its tenure. you're watching the news coming to you live from berlin we have a fresh bulletin coming up at the top of the hour in the meantime for all the latest news and information go ahead and check out our web site that's to double you don't go for now from the me and the entire team here in berlin thanks for watching and have a good day. alleging the constable the sleep number the funder known for going to be a fence. w

government to use algorithms to determine how big a threat an individual poses to the regime also said u.s. tech giants like facebook needed to be reined in for the sake of democracy. and expect a tear and a shot at world cup for a dempsey for german sport that's right we're talking about a very special sport here christophe germany is currently co-hosting the world championships in a sport that many in the english speaking world may not be familiar with and that's handball arenas have been packed with fans from around the world excitement is building here in germany ahead of the country's semifinal clash against norway tonight i the main train station in the northern german city of kiel. fans turned out in droves to watch germany's last game here on a big screen they have little doubts about who's going to win the tournament. it's a good take eyes are great they're playing brilliantly well can i say we're going to be world champions. the tournament's issues really popular in germany more people have been following the german team's games on t.v. than top matches in the football league. that's b

we have seen even in the most recent trading session u.s. techeing segment leaders, if you will, in the stock rally at the start of the year. are some of the headwinds we had last year behind us given that we are still looking for a resolution when it comes to things like trade? willthink that tech continue to grow. tech drives the u.s. and global economy. it creates lower costs. it helps people, businesses run more efficiently, so i think we still have a long runway for technology growth. >> tesla has been under pressure . they had a mixed bag. how do you think about the stock and its valuation at this moment? >> i like the car and the ceo and the company. unfortunately, these stock has been hard to buy or recommend to clients. i think there is the issue of , which is an issue for the company. there is still incredible demand for the car. more electric cars coming on the market will help them because overall everybody will just sell more electric cars, so i think the company has its fits and starts as far as continuing to ramp up production, but

use algorithms to turn to determine how big a threat an individual poses to the regime also said u.s. tech giants like facebook needed to be reined in for the sake of democracy. photo phone one of the world's largest mobile carriers says it will pause its purchases of huawei network hardware for the european market and more and more governments in europe are holding bans to stop mobile network operators from partnering with a chinese company to build five g. mobile networks critics of huawei chief among them the u.s. says the company's a trojan horse for beijing making it a security risk while we of course denies any connection with the chinese government germany's business confidence index has fallen for the fifth month in a row analysts predicted it would decline but it's been falling faster than expected also germany's economic growth this year will be considerably lower than originally forecast that according to fresh government predictions in its annual report out next wednesday the government says it expects germany's economy to expand by only one percent this year divers linked to t

tech stocks. the blue is u.s., the white is china.en shows a measure of correlation, which over the last several months [indiscernible] has been increasingly correlated. have closely tied -- closely tied are the fortunes -- how closely tied are the u.s. and china stocks? >>--even if the smartphone market, apple has not done a good job to compete with local rivals as they attack new blocks like indonesia, southeast asia, where those operators are even a 10th of a price of apple while offering similar tech specs. i think chinese companies more more frequently, you see that with private tech companies as well as public once. while i think there is investor china is, i think targeting part of the world that is still under traded from a technology perspective and offers a lot of upside. emily: you talk about how tim cook needs better ideas and you focus on the shareholder letter which is we cannot change macroeconomic conditions but we are taking other initiatives to improve our results. one such initiative is to trade in a phone at the st

u.s. and china. joining us to discuss in washington, our reporter who covers financial investigations and also our bloomberg tech who has been following huawei. this certainly marks an escalation. >> we found out from the u.s. officials in the ongoing process that this investigation has been going on for years. this covers quite a few areas. one area is this i.p. theft issue, allegations that they stole intellectual property from t-mobile. that photographs and even a piece of a robot that helps mimic smartphone use was stolen from t-mobile. that's part of it. another part of it is the arrest of c.f.o. and she was arrested several months ago and they are charging that she was conspiring to commit bank fraud. that they used a subsidiary called sky com to root deals with iran and breaking u.s. sanctions against iran. now there are 13 counts in the indictment in brooklyn and two affiliates face charges in washington state. a lot of information we're just hearing now. >> and the deadline for the united states to send an extradition request to canada to bring her back to the united states is coming up in a couple days

government to use algorithms to determine how big a threat an individual poses to the regime he also said u.s. tech giants like facebook needed to be reined in for the sake of democracy. germany's economic growth this year will be considerably lower than ordinary forecast that's according to new government predictions in its annual economic report out next wednesday the government says it expects germany's economy to expand by just one percent in twenty nineteen that marks a sharp drop from the previous prediction last fall government analysts forecast growth of one point eight percent the dive is going to dribbling exports caused by global trade disputes and the lack of clarity over that message demand meanwhile is expected to remain intact. it's back to brian now in an unlikely voice protesting against poland's government that's right christoph and the poll in our last month's fatal stabbing of the liberal marrow of danske is draw attention to the country's political faultlines and its simmering culture wars especially when it comes to rock music black metal bad but he meant has come under fire f

withdrawing and also maintaining an aggressive stance so that in the region as well what's the status of u.s. tech like now as they say off to john bolton as well that tenet says that when he got snubbed by president at eleven. well they're not good and they're going to get worse and they would have been getting worse even without today's tweet but now they certainly will get worse the pentagon hundreds. defense minister mattis had done a very good job of trying to keep the turks and gazed in very close and the conversations over months and years to manage the relationship the work of ambassador jim jeffrey was intended to accomplish that same kind of objective i'm afraid this tweet if it's taken seriously in the turks will treat it as if it were serious will just make this the relations more difficult and make the year ahead for both countries extremely extremely difficult we've had contradictory statements from various members of the town of administration in your mind is there a coordinated strategy from the white house. i think there is a strategy of personality to be honest with you there's m

of the there are business dealings that israel has with ireland and in directly there are as many u.s. tech companies that like google apple and facebook to name a few now they might have to reconsider their sort of reliance on irish tax breaks have pushed by the sort of pro israel u.s. administration. yes that is a concern that has been expressed here on the government's side and it is a serious issue all right because we have become very dependent on these and international high tech companies american based high tech companies in fact only yesterday or the day before their facebook announced that they're going to be hiring a thousand new people here so not only do we get tax from them because we charge a lower rate on attract them on that basis but also they provide a lot of employment so it's a very could be very serious for the irish economy was there what happens and what the fallout is in the coming days the modelling debate and thanks so much for joining us from dublin. let's go back to athens where greek politicians have ratified in agreement changing the name of its neighbor maced

and that is not always good for u.s. tech companies. >> number one, it sounds great that we could sell the trillion dollars worth of goods to the chinese. i haven't heard a word about protecting intellectual property. if were not dealing with that they'll be enormous criticism. can any of you remember the last time the chinese kept a deal with us for much of anything let alone a six-year term to buy this stuff? i don't trust it. when those start i think you'll find that people react to that in the market. >> we have breaking news. we are joined by white house economic counselor, larry car drove. thank you for coming out in the cold. it is before the storm. let's talk about a storm. >> it's a great day to be a live. >> it seems things are working out well. has china conceded adult points so that were not going to have to raise tariffs on march 1? >> it's impossible to answer that question. we made progress with china and the deputies meeting in beijing last week. nothing has been resolved. nothing on contract. i want to be an

this is the first penalty for u.s. tech giants under new privacy rules.e business reports three times a day on the sale and radio network. the national left-wing media under fire for condemning a high school student from kentucky, who they claim taunted a native native american. >> david: the media wasted little time targeting a high school student, nick sandman. the high school student and native american groups were attending separate demonstrations before the viral confrontation. tammy bruce, washington times columnist and foxbusiness contributor. good to see you both. >> tammy, first you. this incident says so much about where we are as a nation right now. where the mainstream media is, where liberal politicians are, what is it stays to you? >> it move because of social media. you have edited video tape. you have confirmation bias. this happened just within a day or so of the buzzfeed article being debunked. you hear what you want to hear. things are created that reinforce the narrative. facts don't matter. it is something they had on 60 minutes. they

investment that's really damaging for china's ability to catch up because china needs access to u.s. techit needs access to u.s. intermediate inputs. silicon chips without it, big companies like zte, are struggling nearly went under that's the unspoken about, but much more devastated effect of being cut off from the world's biggest market >> got you >> yes, of course, trade hurts, but i think at the moment no one is winning, dom. the impact may be bigger for china in the medium term >> a lot at stake. thank you for that >>> well, still ahead on the show, microsoft misses that stock in the red today. we're going to dig into what went wrong last quarter and later on get ready for another big earnings day it is the busiest day of earnings season. we will break down the key names you need to watch, krug amazon after the day's closing bell stk ouicarnd worldwide exchange will be right back 6 so grant met his insurance: you are caller number 12. which didn't quite cover the steinway. but what if he'd met pure insurance? owned by members. he'd have met: lisa, your member advocate. who'd introduc

tech and big data. i also want lastly to say a word about is it true, some have contended that the european union is simply suing the u.s. big tech firms because they are so successful. i want to say a resounding no. to start at the beginning, the two systems did grow from different roots. the united states system beginning in 1890. it grew from an idea that there was huge raw power among the trust. it wanted to condemn the power. simply against the power so all people could compete on their merits. the system changed quite dramatically with the regular tour administration in the 1980s in which the u.s. system became concerned with efficiency. in my view it has led into a great conservatism. especially at the u.s. supreme court. especially in matters of monopolization. with the court gives great difference to the dominant firm. and wants to unleash the conduct of the dominant firm except in a very small margin. the european union has different roots. it has roots, and one thing and needing peace in europe. doing that by economics in establishing a community of free movement. the threats in establishing or challenges in

on their rate hiking path the nasdaq also seeing a major pullback in december the valuations of u.s. tech stocks coming into focus under a huge amount of scrutiny. the tech sector, in addition to riding high valuations, also facing unprecedented scrutiny when it comes to things like data privacy and security a huge number of idiosyncratic sector specific stories in combination with thesedzheadwinds that investors are concerned about as we look to the first day of trading in the u.s. in a couple hours time, we're coming off a violent, violent end to 2018 >> 2018 saw volatility shake up markets as trade tensions between the u.s. and china increased and central banks moved to end ultra loose monetary policy, but some strategists are still optimistic at the start of the new year as seema mody reports >>> global markets were rocked by volatility in 2018. here's what to expect in the year ahead first, buckle your seat belt tariff uncertainty will continue to drive overseas markets. china's shanghai is the worst performing major stock market in 2018 thanks largely to the u.s./china trade dispute

u.s. in terms of actions against china's largest tech company. e on the national security front to push the allies from the u.s. to block while way technology -- while huaweihnology -- technology. ordi: this is either awkward strategic timing, a couple days away from the chinese delegation arriving in washington. for trade talks, how will this play out? the wilbur ross came out at press conference and made a point of saying these charges were separate from the ongoing trade negotiations. but for many in the u.s., while is symptomatic of chinese nefarious attempts to lead in technology. they describe it as a company that gets an official state toking and is trying dominate in next-generation technology. it is hard to see how the case does not lead into these talks. trump muddied the waters by telling reuters he would consider waiting into the case if he thought it would help get a trade deal between china and the u.s. did something of a u-turn on z pe, as well, and soft inductions around the company. side, it could be to move these top forwards and

china head winds have hurt apple but i think that's why right now cook is speaking for a lot of u.s. technies tonight where investors are focused. given nvidia and intel, china is the key and apple is caught in the crossfire. i do think backlash impact versus pricing is what investors are trying to parse out. >> steve, my read given what we heard from nvidia about high end gaming chips being on the slowdown, what we heard from intel seems less an apple specific issue than it did three or four weeks ago. what's your sense of that? >> i think there's a number of things going on. china is weak for everybody. there's question with nvidia and others whether hyper scalers are slowing purchases, which doesn't effect apple too much. the other issue that is apple specific or relative to their market is the consumer market. we call it watch the gap we're in a bit of a gap period in terms of new consumer technology we see 5g, foldable phones, ar glasses which cook refers to, but it is still a few years away, and apple is not likely to be a leader in the next set of phones for fall. there are a numbe

haidi: it is a big week for tech earnings in the u.s. and in asia. more importance given the u.s. war negotiations and apple warning earlier this month. .ooking at what we can expect apple has essentially become a china story. stephen: we are looking at smartphone demand and chip demand. tech has seen some weakness following the january 2 apple warning. don't let the rally we saw late last week in the philadelphia semiconductor index -- it rallied 8% -- basically on lam research and texas instrument's getting better than expected or better than feared. that lifted sentiment but don't expect that to last too long. we are expecting a second quarter in a row where tech results trail the water -- trail the broader market. qualcomm and tesla, results coming up. that is wednesday. apple, already lowered its first-quarter outlook january 2. the focus is on the conference call with tim cook and company up for second-quarter guidance. tim cook has cited economic weakness in china. also on the fourth quarter call apple announced it would no longer disclose ipad, iphone and mac unit sales. t

lots of business-to-business tech, not just social media, which has been particular in the u.s.. lot of potential the re. it is an expensive sector. given the growth, we think it is worth it. matt: where do you think european tech stocks are going to go? can they keep up, european stocks in general are truly unloved by global investors? sharon: completely. we had our conference in hong kong, where we have 500 investors, and we asked them their favorite region and we only had 5% of those saying europe was their favorite region. there may have been of a home bias because asia was buy for the majority favorite region, but still the 5% favoring europe is really small. we did a similar conference in london and found very few favoring europe. the issue for europe is slow growth, slow potential growth, weaker data, and the lack of policy opportunity and flexibility that the ecb has. all those things come together and make people nervous about europe. i do think the data we had recently, which has been very weak, will probably stabilize and improving little bit. there is the potential for

government to use algorithms to determine how big a threat an individual posed to the regime he also said u.s. tech giants like facebook needed to be reined in for the sake of democracies. germany's business confidence index has fallen for the fifth month in a row analysts predicted it would decline but it's been falling faster than expected the president of the institute for economic research claimants phil said the latest data definitely shows the german economy is in a downturn the index came in at ninety nine point one down nearly two points on the month before that's significantly lower than expected and its lowest level since february twenty sixth. and that's your business back to terry thanks. fell a long time ally of us present donald trump has been arrested in the united states roger stone has been charged with obstruction of justice witness tampering and making false statements so it was an advisor to donald trump during the two thousand and sixteen election campaign the charges stem from the office of u.s. special counsel robert mamma which has been investigating whether the trump campai

it's the largest penalty of this kind against a u.s. tech company.rance's data protection watchdog says google lacks transparency and isn't clear in how it tells users about handling their personal data now, the regulator also says google failed to properly get users' consent for targeted ads. the e.u.'s general data protection regulation or gdpr went into effect last may. it gives regulators the power to impose fines of up to 4% of global revenue for violations. the french authority is known for its strict interpretation of privacy rules and has favored a tough approach from u.s. intent companies. in a statement google says they expect high standards of transparency and control from us we're deeply committed to meeting those expectations and the consent requirements of the gdpr google says it's studying the decision, brian, to determine the next steps back over to you >> all right, kate rogers. good morning, kate see you in a bit thank you. >> thank you >>> today's one big stock you must watch is ubs. the swiss bank reporting a jump in full year pro

and let's stay in europe where france's data watchdog has announced it will find u.s. tech giant google fifty million euros for breaching data consent regulations french authorities say google confuse users about which services were available if they did not accept the company's complicated conditions of use google was accused of securing forced consent through the use of pop up boxes it is the largest find to date under the e.u. strict general data protection regulation or g d p r. and back to phil west more news thanks david we'll take a look at some of the stories making news around the world russia has threatened to retaliate after the you put sanctions on its military intelligence chiefs of the nerve agent attack she is with the. russian double agents that it is individuals were and. hated in the attempted murder of. his daughter in the british town of salzburg last year. taxi drivers in madrid of go on strike calling for stricter regulations against riot hailing services like and cab the five which operate on the different licenses they join the tribes in barcelona wh

u.s. manufacturing. tech experts we talked to said apple is likely to rebound because it has a strong team in place. >>> a second serial tiger is being held at the san mateo county dale jail. investigate tail are amber lee that he flew into the area and what is described as a spray- cation. rep like this is youtube video of people claiming to be members of get hectik, a prolific gang of taggers based in australia. the group appears to promote evangelism of trains, duties on videos. >> it's bizarre. a psychiatrist could analyze it and say there is not something ticking right upstairs. >> reporter: steve wagstaff has tried one suspected number of get hectik with vandalism. he's accused of spray painting graffiti on board trains. what they were parked at the agency yard. >> obviously a thrillseeker who obviously get some sort of strange pleasure by damaging vehicles. >> reporter: wagstaffe says a 33-year-old is wanted by law enforcement in australia, where he is suspect of evangelizing trains were 15 years. >> n

u.s. based tech heavy nasdaq are more than half way to bear territory so how should investors prepare for twenty nineteen stay tuned to boom bust as always and buckle your seatbelt. we know circle back briefly to a story that feels strangely appropriate for the end of twenty eight seen a fifty point one percent stake in gatwick airport the second busiest airport in the united kingdom and its busiest in europe has been sold to the airport management subsidiary of vinci say a france for two point nine billion euros the airport was sold even as the drone citing reports that caused the grounding of more than a thousand scheduled flights from gatwick over three days starting on december nineteenth remain unexplained over the weekend the police chief of sussex giles' york apologized to a husband and wife who were held by his force for thirty six hours before being released and cleared a suspicion and they got what case in another indication of the current level of confusion chief york denied the drones flown by police had caught. as the security scare and said the police do believe that on auth