Business Weekly
Business Daily
BBC
4.4 • 816 Ratings
🗓️ 19 December 2020
⏱️ 50 minutes
🧾️ Download transcript
Summary
On Business Weekly this week, we examine the potential big trouble for Big Tech. Regulatory bodies around the world are looking to tighten the rules that govern the digital world. Concerned by issues relating to both the web content and the business conduct of some of the big technology companies, legislators from the US to the EU are trying to re-write the digital laws. We look at what this could mean in practice for Silicon Valley. We also look at dry ice – how it works and the important role it will carry out in the distribution of the Pfizer Covid-19 vaccine, as well as the possible implications that could have for drinks industry. Plus, while Zoom business meetings are all the rage now, how long before virtual reality takes them to the next level? And we discuss the joy of traditional Christmas correspondence and find out why young people are starting to send greetings cards again. Business Weekly is presented by Lucy Burton and produced by Matthew Davies.
Transcript
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| 0:00.0 | Hi, if a week is a long time in politics, a day is a long time in business at the moment, |
| 0:06.1 | and it can be exhausting trying to keep up with all the latest developments. |
| 0:10.1 | That's why we've interrupted your Business Daily pod feed to bring you Business Weekly, |
| 0:14.4 | a new weekend programme which brings you an hour of the most interesting, inspiring and thought-provoking stories you might have missed from the BBC's business team. |
| 0:27.6 | Hello, a very warm welcome to Business Weekly. I'm Lucy Burton, and on the show today, we'll be looking at the controversial practice of exporting live animals for slaughter. |
| 0:38.2 | Campaigners say it's cruel, and the UK is planning to ban it once the current trading arrangements with the EU come to an end on December 31st. |
| 0:46.6 | We'll be asking farmers what they make of the potential ban. |
| 0:50.0 | We'll also be looking at one of the big challenges facing the distributors of the Pfizer and |
| 0:54.4 | Beyond Tech vaccine, how to keep the precious vials freezing cold. And we'll hear about the |
| 1:00.3 | surprising knock-on effect this might have on some of our favourite drinks. We'll also be playing |
| 1:05.3 | around with virtual reality headsets and trying out a new kind of business meeting. But before we do |
| 1:10.5 | that, let's take a look |
| 1:11.9 | at one of the biggest stories of the week, and that's the news that the net seems to be tightening |
| 1:16.5 | around some of the world's biggest tech companies. Campaigners and politicians have been |
| 1:20.9 | increasingly concerned about the rise in online hate speech, bullying, fake news and fake goods. |
| 1:27.7 | Allegations of tax avoidance and anti-competitive behaviour by the big tech companies |
| 1:32.2 | haven't helped the situation. |
| 1:34.4 | And some feel that the online world is functioning a bit like the Wild West. |
| 1:39.0 | In the US, parallel lawsuits have been bought against Facebook by the government and 48 states, |
| 1:45.3 | accusing the social network of anti-competitive behaviour. The New York Attorney General, who's leading the charge, |
| 1:50.6 | says Facebook harmed consumers and small businesses by illegally crushing competition. One of the big |
| 1:56.7 | problems is that most laws that supposedly govern internet firms date back 20 years or so, long before |
... |
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