The ftse is down, and the spanish market, all down following what happened yesterday. And well be getting the inside track on the big tech stories of the week, including the ongoing row over russian hacking in the us. Rory cellanjones will be here to talk about his exclusive interview with the founder of Kaspersky Labs later in the programme. So today we want to know, how safe do you feel online . And do you trust Internet Security companies . Let us know, just use the hashtag, bbcbizlive. Hello and welcome to business live. We start in the estonian capital tallinn, where European Union finance ministers are gathering this weekend. Top of the agenda are plans for a shake up of the way huge tech firms, the likes of google, facebook, apple and amazon, pay taxes. The giants of the so called Digital Economy have faced criticism in europe forfailing to pay what some see as their fair share of tax. So whats being proposed . Well, the plan is to make the Companies Pay tax wherever in the eu t
President trump said that the soldier knew what he signed up for. He tells bloomberg is motivated to serve the country. Reports ofalled their disagreements they can is. And former president george w. Bush addressed a poor and a forum. That bigotry and White Supremacy and any form is blasphemy against the american creed. He also says bullying and prejudice set the national time. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Bloomberg technology is next. Emily i am emily chang, and this is bloomberg technology. Coming up, lyft gets 1 billion for its war chest in a funding round with alphabet leading the charge. Why the google parent is riding shotgun with the startup in the race against uber. Plus, apples iphone plans come under scrutiny after a report says the company slashed orders for the iphone 8 by half. We put the strategy of launching two smartphones weeks apart under the microscope.
In chief of Bloomberg Businessweek, megan murphy. We take a look at japanese manufacturers, setting practices around the world, but those practices are now in question. Megan this comes from the kobe steel scandal. Kobe steel has been shown to have falsified standards and products they shipped Companies Like boeing, mitsubishi. The scandal has drawn up this broader issue going back to olympus. Iesve had japanese compan rocked by these scandals. Iconic backbone of the country, why are they being forced into these mistakes and scandals . Whats the pressure . China. Julia for cost reasons and the laws have changed as well. Doeshistleblower law that mean people are willing to come forward and go we have problems here . Megan when any scandal at a Japanese Company breaks, we are all familiar with this public apology Company Executives bowing. Its part of the culture that when you make mistakes, you own up to it. You are almost never seen or heard from again. This whistleblower law has contr
Carol we are here with the editorinchief megan murphy. In the business section, we take a look at japanese manufacturers, long felt in all held in awe for their practices but those practices now in question. Megan a steel manufacturer has been showing to use falsified specifications and companies that they had products that they have shipped. The scandal has drawn up, this broader issue in recent years, going back to olympus. We have had these Japanese Companies rocked by abuse scandals and what mystery delves into is what are the pressures on these manufacturing companies. The backbone of the country. Why are they being forced into these kinds of scandals . What is the pressure . And the answer is tried up. Julia four cost answer is china. Julia for cost reasons but also for whistleblower laws. Megan every scandal at a Japanese Company when it breaks, we are familiar with the public apology and public humiliation, Company Officials bowing and being contrite. It is such a part of the c
For their practices but those practices now in question. Megan a steel manufacturer has been showing to use falsified specifications and companies that they had products that they have shipped. The scandal has drawn up, this broader issue in recent years, going back to olympus. We have had these Japanese Companies rocked by abuse scandals and what mystery delves into is what are the pressures on these manufacturing companies. The backbone of the country. Why are they being forced into these kinds of scandals . What is the pressure . Answer is china. Julia for cost reasons but also for whistleblower laws. Megan every scandal at a Japanese Company when it breaks, we are familiar with the public apology and public humiliation, Company Officials bowing and being contrite. It is such a part of the culture that when you make a mistake you will not do it in your almost never heard from again. Executives are pushed out and the whistleblower law is vetted to this because people feel more dutybo