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us, you are in time for the top business stories. we start in the us where, as you ve been hearing in the last few hours, meta, the owner of facebook, instagram and whatsapp, has launched its widely anticipated new conversation app, threads. it allows users to create posts of up to 500 characters and is being seen as a clear rival to twitter. threads is available to download in more than 100 countries around the world, including here in the uk, but not as yet in the european union because of concerns over privacy regulations. meta boss mark zuckerberg says 5 million users have already signed up to threads in the first four hours. and many tech industry watchers say it poses a very real threat to twitter. i think threads will pose a huge threat to twitter because it is coming from the matter and instagram family of apps. instagram has 2 million users compared to around 250 million of twitter so about ten times bigger already. of twitter so about ten times biggeralready. ....
to discuss, not least for their ongoing disputes over trade, technology, taiwan, and fentanyl. the bbc s james clayton is in san francisco and he s filed this report with the latest. apec has started here and it is a huge moment for the city of san francisco, the biggest summit to be held here since the united nations charter was signed here in 1916. this is a huge economic summit. you are talking about more than 50% of all of the world s trade belongs to the 21 nations who will be attending here this week. and we are talking about 40% of the world s population. so it is a big economic conference, but by far the biggest ticket item here is the meeting between president biden and his counterpart in china, xijinping. relations between those two nations have not been good as late. they last met last year in indonesia and since then you have had that moment where the american government shot down the chinese spy balloon and flaming tensions in the south china sea and also j ....
to discuss, not least their ongoing disputes over trade, technology, taiwan, and fentanyl. the bbc s james clayton is in san francisco and he s filed this report. apec has started here and it is a huge moment for the city of san francisco, the biggest summit to be held here since the united nations charter was signed here in 1916. this is a huge economic summit. you are talking about more than 50% of all of the world s trade belongs to the 21 nations who will be attending here this week. and we are talking about 40% of the world s population. so it is a big economic conference, but by far the biggest ticket item here is the meeting between president biden and his counterpart in china, president xijinping. relations between those two nations have not been good as late. they last met last year in indonesia and since then you have had that moment where the american government shot down a chinese spy balloon and flaming tensions in the south china sea and also joe biden ram ....