alphabet and meta. and microsoft samsung and intel. the technology sector has been enjoyed rapid growth during the pandemic but now they are operating in a high interest rate environment. they have also been cost cutting measures. meta, for example, has had to announce that this month it will cut 10,000 more jobs and that is on top of the 11,000 that the company let go last november. danzig is a deputy chief investment officer at richard burnside advisors and he now says that he is not optimistic about technology stocks in the united states. i don t really see any reason to expect anything different from what we have seen both from these companies over the past couple of quarters but also from the companies we have only heard from his earnings season. i think what is clear is growth is slowing and this is hurting these companies notjust on the front of the profitability front of the profitability front which i think is front and centre for markets. we were talkin: and cent
hands for a quarter of $1 million. hands for a quarter of $1 m“lion- hands for a quarter of $1 million. ., ., , ., million. live from our studio in singapore. million. live from our studio in singapore, this million. live from our studio in singapore, this is - million. live from our studio in singapore, this is bbc - million. live from our studio i in singapore, this is bbc news. it s newsday. welcome to bbc news, broadcasting to viewers in the uk and around the world. will begin in sudan where british diplomats and their families have been airlifted to british diplomats and theirfamilies have been airlifted to safety from khartoum, the capital of sudan, as fighting between rival military factions enters a second week. the ministry of defence in london confirmed that embassy staff had been brought out under cover of darkness, and the united states has carried out a similar operation. there s no word yet on how other british nationals will be able to leave the count
and intel. they face now inflation fears as well as operating in a higher interest rate environment. they have also been cost cutting, putting cost cutting measures in. dancers are key is a debited dancers vicki says he is not optimistic about technology stocks in the united states. dan suzuki. i don t really see any reason to expect anything different from what we have seen both from these companies over the past couple of quarters but also from the companies we have only heard from his earnings season. i think what is clear is growth is slowing and this is hurting these companies notjust on the revenue front but the profitability front which i think is front and centre for markets. we were talking about meta layoffs and other big companies, also the collapse of the silicon valley bank. do you think that maybe this is finally, the pay might be over in the next quarter? the pain might be over. nothing i m seeing in the data is really suggesting that. again, wejust he
most of those being evacuated are diplomats and their families. spain, germany and italy are among other countries still evacuating people they say they ve successfully got hundreds of people out already. the us and uk have already flown diplomats out as well as canada. its prime minister, justin trudeau, tweeted that canadian officials in nearby countries have also been mobilized to help he says they re stationed in nearby djibouti which has a french and american military base. sudan s army has been fighting a rival paramilitary group, the rsf, for more than a week and this is what khartoum looks like right now. over the weekend, the violence intensified this city has been under constant shelling making evacuations difficult. here s the uk s defence secretary. it was dangerous and precarious but nevertheless we managed to use both see one 30s and a 400 aircraft to go in, and collect our diplomats and their residence and fly out to safety. and while foreign na
let s get down to business. america s supreme court is set to hear two cases back to back that could reshape the internet. the first is gonzalez vs google. the second case being heard on wednesday is twitter vs taamneh. both deal with whether tech platforms should have legal immunity for what their users choose to post. for more, here s our north america business correspondent michelle fleury. should tech companies be held liable for harmful content promoted by their algorithms? that is the question being put before america s top court. eight years ago, gonzalez, 23 year old exchange student was killed by ices gunmen in paris. the family in seeking justice for her death is targeting google s video platform, youtube, alleging that by distributing terrorist training videos on its side, the tech giant acted as a recruiting platform for isis, in violation of us laws about helping terrorists. at the centre of this landmark as is a federal court forged in the earliest days of today