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tv   World Business Report  BBC News  March 14, 2024 2:30pm-2:46pm GMT

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behaving like a bandit — china slams us law most carers over their vote to ban tiktok in america. and spacex launches its starship rocket — so far, so good. welcome to our business report. we start with the social media app tiktok. its chief executive has vowed to keep on fighting after the us house of representatives passed a bill that could lead to the app
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being banned in america. shou zi chew released a video on tiktok threatening legal action and warning that if the bill becomes law it will mean the end of tiktok for its 170 million users in the us. here's some of that video. hi, everyone, it's shou here. just wanted to share some thoughts with our us users on the disappointing vote in the house of representatives. there has been a lot of misinformation and i hope to clarify some things. first, thank you to all of our incredible community, you are what makes tiktok so special. thank you for making your voices heard. over the last few years, we have invested to keep your data safe and our platform free from outside manipulation. we have committed that we will continue to do so. this legislation, if signed into law, will lead to a ban on tiktok in the united states. even the bill sponsers admit that is their goal. this bill gives more power to a handful of other social media companies. it will also take billions of dollars out of the pockets of creators and small businesses.
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it will put more than 300,000 american jobs at risk and it will take away your tiktok. that's what the boss makes of it all. in a fresh development, the chinese government has accused american politicians of acting against the principles of fair competition and international trade. with more on that here's our correspondent stephen mcdonell in beijing. china's foreign ministry spokesperson has accused us politicians of adopting the logic of bandits, of essentially stealing or trying to steal this very successful chinese social media platform, tiktok. he said this went against the norms of international trade and was an attempt to suppress an excellent international company. this is, of course, a very complicated matter. the advocates of this bill would argue that tiktok represents a security threat because its parent company, bytedance, here in china, if it were asked by the communist party to pass on data from users,
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it would have to do so according to chinese law. now, that law does exist but that doesn't mean that tiktok has passed on this data or that it's even been asked to do so. but the chinese government, the way they see it, is this surprisingly successful local company that, against all expectations, has developed a social media platform that's been massively successful internationally, at the height of its powers, is now being told, you've got to sell this or shut down in the us. the company doesn't like it and neither does the chinese government. it's going into bat for one of its tech champions and this is the direction it wants to push the chinese economy in and so i think we can expect that, as this bill goes into the senate and as the debate becomes more fierce, there will be more barbs flying back and forth from beijing to washington and all
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the way back here again. that is the response from the china. how was it gone down in the united states? gave us a sense of what business makes it all this because it could be a significant moment in the way that lawmakers getting tough with a big business and it could change for 170 million users in the us? , a, , a, change for 170 million users in the us? z: us? exactly and when you say 170 million users _ us? exactly and when you say 170 million users and _ us? exactly and when you say 170 million users and talk _ us? exactly and when you say 170 million users and talk about - us? exactly and when you say 170 million users and talk about big i million users and talk about big tech here states the first thing i think others who could be a potentially better to buy tiktok at? we think of the big tech companies who already have some muscle in social media and user basis of their own but many of the biggest tech companies here in the united states are already involved in anti—trust lawsuits with the united states government and the ones that aren't
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do see them on the horizon and that makes it hard to think about who would be in a position to take on a property with 170 million users in their user base. 0ne property with 170 million users in their user base. one other business application that is a bit of a left turn here is the narrative we're seeing take hold on capitol hill, the idea that any eventual tiktok ban which is a way of, this needs to get through the senate and be signed into law by president biden and not struck down by the courts if that were to happen — if there one inferential ban here there is a question of whether it would be a boon for facebook. wearing from president trump and decent increasingly echoed on capitol hill. expect to hear more that if the senate take this up. i’m expect to hear more that if the senate take this up.— expect to hear more that if the senate take this up. i'm sure you will keep us _ senate take this up. i'm sure you will keep us posted, _ senate take this up. i'm sure you will keep us posted, thank - senate take this up. i'm sure you will keep us posted, thank you. | we said in the headlines that
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spacex's starship rocket launched spacex's sta rship rocket launched from spacex's starship rocket launched from a texas. this will be elon musk s company s third venture into space ? the first of which wasn t so successful, it exploded 4 minutes after lift—off. we are now getting confirmation that spacex has lost a ship on atmospheric re—entry at the end of a third test flight so it wasn't a third test flight so it wasn't a third time lucky as far as that spacex at launch was concerned. but what potentially could we learn from it and what does it mean for the tech world and where is the profit to be made from this sort of space exploration? joining me now is technology journalist, chris stokel—walker. that line that spacex has confirmed the loss of starship but went further than the other two, so is this progress? i further than the other two, so is this progress?— this progress? i think it is. the first two flamed _ this progress? i think it is. the first two flamed out _ this progress? i think it is. the i first two flamed out spectacularly and this one has ticked off some successes. several kilometres of
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altitude further and faster than ever before, it got through several stages and actually got into orbit. the re—entry proved to be the issue. without some hints that may be something was a little bit wrong because we lost telemetry data and a little bit of video feed but it does suggest that things are progressing and for elon musk, who is trying to run this company is almost a service userfor nasa, run this company is almost a service user for nasa, that is a significant moment. i think one step back but maybe two steps forward. therefore took to be about _ maybe two steps forward. therefore took to be about the _ maybe two steps forward. therefore took to be about the possible - took to be about the possible implications, one assumes this will be eventually successful, what does this unlock in terms of commercial opportunities for space? this this unlock in terms of commercial opportunities for space?— this unlock in terms of commercial opportunities for space? this is the starshi- opportunities for space? this is the starship system — opportunities for space? this is the starship system that _ opportunities for space? this is the starship system that is _ opportunities for space? this is the l starship system that is developed by spacex, designed to be a reusable rockets, a way of getting about
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cargo and people into space outside of earth's orbit. 0ne cargo and people into space outside of earth's orbit. one of the things we've seen over the last decade or more is that nasa, the european space agency and more national space agencies that are government funded have drawn back funding for these kinds of efforts. budgets get tighter and things are getting more difficult. in their place we are seeing private enterprises like spacex certain to offer those services. for spacex, if they manage to get this right, it's the fulfilment of a multi—billion dollar contract with nasa that would involve them essentially shipping people and cargo up into space for regular missions that happen. i think the ultimate goal is that this will be part of nasa's moon programme. the big goals it will eventually get back onto the moon
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and nasa cannot do that by themselves any more so spacex will themselves any more so spacex will them out. ., ~ , ., themselves any more so spacex will them out. ., ~ i. ., ., ,, them out. thank you for that. spacex confirmed they _ them out. thank you for that. spacex confirmed they have _ them out. thank you for that. spacex confirmed they have lost _ them out. thank you for that. spacex confirmed they have lost the - confirmed they have lost the starship rocket during re—entry at the end of the third test flight. there are now making the call that they have lost it and confirmation coming to us from it that that bird launch effort, successful in the sense that it went further than any other two, sense that it went further than any othertwo, has sense that it went further than any other two, has now been lost. now the details are one of the big challenges for society that is contending with ageing, were all getting older. generations of today are living much older than their grandparents. an average baby born today should expecgt to live to 73. it's near enough doubled in the past 100 years. now of course this creates burdens on welfare and healthcare. but also opportunities. naturally, you see disparities
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between rich countries and poor. here's how global life expectancy has changed since 1950. injapan, it's now approaching 85 years old. in the us, it's around 80 and it's close to that, 79, in china. in india, the world's most populous country, it's 72 years old. and in sub—saharan africa, it's generally much lower. in the central african nation of chad, for example, one of the world's poorest countries, life expectancy is just under 5a years old. and that, tragically, in a country where one in ten children will die before their fifth birthday. earlier, i spoke to andrew scott — author of a new book about building a better society for healthier, longer lives. he's also a professor of economics at london business school. i asked him whether an ageing population is an opportunity or a threat for the world.
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like climate change and ai, can adapt to ensure it is a good or a bad future. something quite right because changed as long as you said, global life expectancy is now a a70 for the first time in human history and the young can expect to become old, most of them. what now begins as a second longevity revolution, have to change how we age. were to invest more in our future we have to ensure we are healthier for longer, productive for longer and engage for longer. were to change how we live and how we support ourselves. find and how we support ourselves. and this is about _ and how we support ourselves. and this is about a _ and how we support ourselves. and this is about a change in the mind—set of what ageing means? it feels even now an old—fashioned concept that we might get to 60, 65 and we then suddenly stop being a contributor to society through work and our lives and would become a burden, you start drawing a pension and therefore become a burden on the state. that has to change, doesn't
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it? we can contribute much longer. talking about an ageing society focuses on ageing people, we need to focuses on ageing people, we need to focus on longevity society that says we are becoming old, how do we age better? but have a problem where we underestimate the capacity of older people and underestimate the capacity of our later life and we at it. this then brings the outcomes we fear. it is a terrible thing, this ageing society narrative which was taken one of the greatest achievements of the 20th century, fewer children dying in earlier years, fewer parents snatched away in my life, more grandparents to see their grandchildren and we say it's a problem. it is a wonderful opportunity but now had to reconstruct cited to make the most of that. jus reconstruct cited to make the most of that. g , _, ., ., .,, ., of that. jus confirmation as we have been telling — of that. jus confirmation as we have been telling you _ of that. jus confirmation as we have been telling you that _ of that. jus confirmation as we have been telling you that spacex - of that. jus confirmation as we have been telling you that spacex are - of that. jus confirmation as we have l been telling you that spacex are now saying it has lost its starship, it said it has lost its starship,
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excited nearly completed an entire third test flight on its third try, making it further than before. we'll see you very soon, bye—bye. small steps but this is a giant leap forjane. bone cancer meant part of her pelvis including her entire hip had to be removed. the operation saved her life but left her with limited mobility. the saved her life but left her with limited mobility.— saved her life but left her with limited mobility. saved her life but left her with limited mobili . , ., limited mobility. the surgeon said i would always _ limited mobility. the surgeon said i would always need _ limited mobility. the surgeon said i would always need crutches - limited mobility. the surgeon said i would always need crutches or - limited mobility. the surgeon said i would always need crutches or a . would always need crutches or a wheelchair. when he gave us the diagnosis with a bit and again, that's it. . �* , diagnosis with a bit and again, that's it. ., �* , , ., ., that's it. chain's husband paul had other ideas- _ that's it. chain's husband paul had other ideas. a _ that's it. chain's husband paul had other ideas. a retired _ that's it. chain's husband paul had other ideas. a retired salesman i that's it. chain's husband paul had l other ideas. a retired salesman with no engineering experience and are encouraged to work in, he took on a considerable challenge. what encouraged to work in, he took on a considerable challenge.—
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encouraged to work in, he took on a considerable challenge. what you had to t considerable challenge. what you had tot and considerable challenge. what you had to try and do — considerable challenge. what you had to try and do was _ considerable challenge. what you had to try and do was recreate _ considerable challenge. what you had to try and do was recreate the - considerable challenge. what you had to try and do was recreate the human | to try and do was recreate the human hip, which_ to try and do was recreate the human hip, which is— to try and do was recreate the human hip, which is an incredibly complex joint _ hip, which is an incredibly complex joint. jane — hip, which is an incredibly complex joint. jane lost all of the attachment points where muscles are connected _ attachment points where muscles are connected to the skeleton so what we had to— connected to the skeleton so what we had to do— connected to the skeleton so what we had to do was create a true exoskeleton._ had to do was create a true exoskeleton. , ., ., , ., exoskeleton. the plan was that the rice exoskeleton. the plan was that the price would — exoskeleton. the plan was that the price would enable _ exoskeleton. the plan was that the price would enable jane _ exoskeleton. the plan was that the price would enable jane it - exoskeleton. the plan was that the price would enable jane it to - exoskeleton. the plan was that the price would enable jane it to walk l price would enable jane it to walk using just one crutch. but things have gone even better than they hoped. i have gone even better than they ho ed. .., have gone even better than they ho ed. .. ., have gone even better than they hoed. ., ., ~ ., hoped. i can now walk unaided in the rice hoped. i can now walk unaided in the price whipple- _ hoped. i can now walk unaided in the price whipple. it's _ hoped. i can now walk unaided in the price whipple. it's early _ hoped. i can now walk unaided in the price whipple. it's early days - hoped. i can now walk unaided in the price whipple. it's early days and - hoped. i can now walk unaided in the price whipple. it's early days and i i price whipple. it's early days and i am working slowly and methodically and hoping to perfect on there so i can walk greater distances unaided but with the brace on.
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high low, this is the latest sports news live from the bbc sport centre. we start with golf and justin thomas ince says that the players championship which is under way in florida still has a really strong field despite many of�*s big names are being absent because theyjoined the liv tour. rory mcilroy has raised concern fans are losing interest because the fragmented nature of the sport but while he has lamented the big names missing from the championship, thomas is not as worried. it’s the championship, thomas is not as worried. �* , , , , worried. it's still the biggest field in goal _ worried. it's still the biggest field in goal for _ worried. it's still the biggest field in goal for recent - worried. it's still the biggest|
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field in goal for recent years. worried. it's still the biggest - field in goal for recent years. you can always make the argument that the other

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