A Crisis in Tech?
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 3 April 2018
⏱️ 18 minutes
🧾️ Download transcript
Summary
As shares tumble and talk of regulation increases, we ask whether Facebook, Google and Amazon are facing a crisis.
High-profile data breaches, falling user numbers and presidential questions over tax affairs have upped the pressure on these corporate giants in recent weeks. Bilal Hafeez, from the Japanese investment bank Nomura, tells us why he thinks their tech bubble is bursting.
Another troubled tech firm, Uber, is under pressure once again - Jeremy Wagstaff tells us that this time it is from rivals in Southeast Asia.
Plus, we take to the skies with real-life Iron Man Richard Browning, founder of tech start-up Gravity, who has set a world record in his jet-powered suit.
(Picture: A man holding a smartphone showing Facebook's logo. Credit: Kirill Kudryavtsev, Getty Images.)
Transcript
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| 0:00.0 | Coming soon. |
| 0:02.1 | Who was she? |
| 0:03.3 | What is she doing here? |
| 0:04.7 | A major new podcast series. |
| 0:06.7 | I've noticed her. |
| 0:07.8 | Was she a spy? |
| 0:08.8 | Death in Ice Valley. |
| 0:10.7 | Do all this identities? |
| 0:12.0 | A 47-year-old mystery. |
| 0:14.0 | It was like a cover-up. |
| 0:16.4 | Search for Death in Ice Valley, wherever you find your podcasts. |
| 0:19.8 | You can hear the preview now. |
| 0:21.4 | Subscribe now and you won't miss the first episode. |
| 0:28.0 | Hello, I'm Ed Butler and welcome to Business Daily from the BBC. |
| 0:36.5 | Coming up, a crisis in technology, could Facebook and others be looking at tighter regulation? |
| 0:43.3 | I think particularly with political advertising, there will either be a requirement or they will voluntarily decide to disclose who's behind those ads. |
| 0:54.5 | Also on the program, the real-life rocket man. |
| 0:57.4 | He takes off, he lands, but can his business clean up? |
| 1:05.8 | Just thought I'd tidy the area up a bit while I was at it. |
| 1:09.3 | It's the world's most expensive and aggressive leafblower it is. |
| 1:12.6 | That's all in Business Daily from the BBC. |
| 1:18.5 | So are we facing a possible global backlash against technology, |
... |
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