Browse content similar to 04/09/2014. Check below for episodes and series from the same categories and more!
Line | From | To | |
---|---|---|---|
his parents last week. Now on BBC News all the latest | :00:00. | 3:59:59 | |
business news live from Singapore. Connecting the smartphone to a game | :00:00. | :00:16. | |
console. We bring you the latest technology from a trade show in | :00:17. | :00:18. | |
Berlin. Dependent on milk. How the rise and | :00:19. | :00:24. | |
fall of global dairy prices are impacting the New Zealand economy. | :00:25. | :00:37. | |
Thank you for joining us. Japan's Sony was one of the first technology | :00:38. | :00:40. | |
companies to release a Bluetooth enabled notification transmitting | :00:41. | :00:47. | |
watch back in 2006. These days, it is still trying to popularise the | :00:48. | :00:50. | |
idea and has just released its latest smartwatch at the technology | :00:51. | :01:00. | |
show in Berlin. It is the first device to run on the new Android | :01:01. | :01:03. | |
wearable operating system and will compete with devices from Samsung | :01:04. | :01:10. | |
among others. In an interview, the Sony chief executive has | :01:11. | :01:12. | |
acknowledged the limitations of the current generation of watches, | :01:13. | :01:15. | |
recognising they are not powerful enough to replace the smartphone. | :01:16. | :01:19. | |
From my perspective, I think that the user experience that will be | :01:20. | :01:22. | |
generally accepted is a combination of a wearable device together with | :01:23. | :01:37. | |
what I would call the mothership. Whether that is a smartphone or not | :01:38. | :01:40. | |
is a different story but I think that to try and incorporate | :01:41. | :01:43. | |
everything into a wearable device by itself, again, looking at battery | :01:44. | :01:46. | |
life, that is another limitation. Unless there are revolutionary | :01:47. | :01:49. | |
advancements in technology, you will have to have a larger device with a | :01:50. | :01:52. | |
larger battery that is going to do the bulk of the computing, the bulk | :01:53. | :01:56. | |
of the communication, perhaps. I think it will be a combination. And, | :01:57. | :02:09. | |
obviously, as technology moves on, we will be offloading a lot of the | :02:10. | :02:12. | |
music onto the smartwatch three so that you won't need the smartphone | :02:13. | :02:16. | |
when you go jogging. But still, the music is relayed. The library still | :02:17. | :02:18. | |
resides in the smartphone. Eventually, we will be able to | :02:19. | :02:22. | |
shrink a computer to something as small as your fingernail. It strikes | :02:23. | :02:25. | |
me that then, the smartwatch will be redundant because it will be bigger | :02:26. | :02:30. | |
than you need. I think that is an evolution we will see just as we saw | :02:31. | :02:34. | |
in an evolution from what we used to call feature phones. Feature phones | :02:35. | :02:37. | |
to smartphones and now combinations between smartphones and wearables. | :02:38. | :02:43. | |
And as technology moves on, we might go from wearables to something that | :02:44. | :03:04. | |
is beyond that. It is an evolutionary process we will see | :03:05. | :03:07. | |
over the years. Let's talk about the new PlayStation Remote Play. This is | :03:08. | :03:10. | |
a controller that you connect a phone to and you can stream a | :03:11. | :03:13. | |
PlayStation game to your screen. It must be a Sony phone, is that | :03:14. | :03:17. | |
correct? For the time being, it has to be an exterior smartphone. Are | :03:18. | :03:20. | |
there any plans to expand this to the Nexus smartphone? We want to | :03:21. | :03:23. | |
make this an experience exclusive to Sony smartphones. It is part of the | :03:24. | :03:26. | |
one Sony philosophy we have, where we are leveraging other businesses | :03:27. | :03:29. | |
to bring an exciting experience to the customers. At some point in the | :03:30. | :03:32. | |
future, we may look at expanding that, but we do not have any plans | :03:33. | :03:38. | |
for such an announcement right now. And for more information, you can | :03:39. | :03:51. | |
visit our website. Philips, Samsung and others have | :03:52. | :03:55. | |
been fined a total of more than $180 million by the European Commission | :03:56. | :03:58. | |
for fixing prices of chips used in smartphones. The electronic giants | :03:59. | :04:03. | |
were found guilty of colluding on prices, contracts and capacity | :04:04. | :04:07. | |
between 2003 and 2005. Phillips has rejected the charge. They have said | :04:08. | :04:20. | |
they will appeal. Meanwhile, a joint venture between Hitachi and | :04:21. | :04:22. | |
Mitsubishi avoided a fine for revealing the existence of the | :04:23. | :04:24. | |
cartel. Between stolen nude celebrity | :04:25. | :04:26. | |
pictures, payment fraud and hacker attacks, cybersecurity is something | :04:27. | :04:28. | |
that concerns an increasing number of people. Can security companies | :04:29. | :04:39. | |
learn anything from the spy agencies? One person who knows is | :04:40. | :04:43. | |
the former chief officer for the CIA. He now works in the private | :04:44. | :04:51. | |
sector and is in town for a cybersecurity conference. I asked | :04:52. | :04:55. | |
him earlier what the key would be to keeping things safe in the cyber | :04:56. | :04:58. | |
world. It is all about your data and you have to classify it into | :04:59. | :05:03. | |
different categories. Some of your data is absolutely vital to your | :05:04. | :05:05. | |
corporation or your government agency, whatever you happen to be. | :05:06. | :05:10. | |
That data has to be protected very differently to the rest of your | :05:11. | :05:13. | |
data. How safe and secure is the Cloud? It depends on how it is | :05:14. | :05:26. | |
implemented. There is not one Cloud provider that is any more secure | :05:27. | :05:34. | |
than another. The important thing is that the consumer of the Cloud, | :05:35. | :05:37. | |
whether it is a country, a bank, individual people or whatever, they | :05:38. | :05:40. | |
have to take measures to protect their individual data as they put it | :05:41. | :05:47. | |
in the cloud. `` Cloud. Encryption becomes vital and with encryption | :05:48. | :05:56. | |
comes key management. You have to have a robust key management system | :05:57. | :06:00. | |
and you have to make sure that you have the keys in your own | :06:01. | :06:02. | |
corporation, rather than giving the keys to the Cloud. What are your | :06:03. | :06:05. | |
concerns about cybersecurity going forward? It is a never ending issue. | :06:06. | :06:07. | |
It is not like you can do ten things It is not like you can do ten things | :06:08. | :06:14. | |
and be finished forever. There will always be people circumventing the | :06:15. | :06:17. | |
back stops that people put in place from a security standpoint. | :06:18. | :06:21. | |
Competing power increases daily, so very poor encryption algorithms get | :06:22. | :06:25. | |
broken easily. For individual users like you and me, what should we be | :06:26. | :06:40. | |
aware of? That there are people out there who want to steal your data | :06:41. | :06:44. | |
and who will do almost anything they can to be able to do that so they | :06:45. | :06:47. | |
can exploit your identity or your friends or use your purchasing power | :06:48. | :06:57. | |
and things like that. Fewer economies are as dependent on | :06:58. | :07:00. | |
milk, cheese and butter as New Zealand's and that could be bad news | :07:01. | :07:04. | |
because dairy prices fell 6% in August. In fact, they are now 40% | :07:05. | :07:07. | |
lower than they were at the same time last year. Global prices have | :07:08. | :07:10. | |
been falling since February and now sits near two year low levels. | :07:11. | :07:23. | |
Our reporter reports how this decline is impacting the New Zealand | :07:24. | :07:30. | |
economy. When dairy accounts for nearly one third of exports, spilt | :07:31. | :07:33. | |
milk might be cause for a few tears. New Zealand has roughly as many cows | :07:34. | :07:37. | |
as people and its exports nearly 90% of its dairy products. When prices | :07:38. | :07:40. | |
slump, it is bad news. If low prices persist, the money that the | :07:41. | :07:43. | |
country's dairy cooperative Fonterra returns to its members could be | :07:44. | :07:46. | |
lower and that takes money straight out of the economy. Russian | :07:47. | :07:48. | |
sanctions are partly to blame. They have begun to affect the global | :07:49. | :07:52. | |
supply and that has had a knock`on effect even on the far side of the | :07:53. | :07:55. | |
world. In particular, skimmed milk powder has dropped in price by more | :07:56. | :07:58. | |
than 25% since sanctions were announced. Even though beef and | :07:59. | :08:11. | |
aluminium prices partially offset the slump in dairy prices, the ANZ | :08:12. | :08:14. | |
Bank's commodity price index fell by 3.3% month on month in August. | :08:15. | :08:17. | |
Prices for New Zealand's exports now sit at a 17 month low. | :08:18. | :08:25. | |
Malaysia has a growing economy and is trying to foster an investor | :08:26. | :08:29. | |
friendly environment. The capital has to compete with business hubs | :08:30. | :08:34. | |
like Singapore. How is Singapore doing? The city's investment body | :08:35. | :08:40. | |
wants to attract 100 major multinational companies to set up | :08:41. | :08:43. | |
shop in the capital and they have met 40% of that target. Earlier, I | :08:44. | :08:47. | |
spoke with the chief executive of the investment body, who explained | :08:48. | :08:55. | |
more about the organisation. Attracting regional headquarters to | :08:56. | :08:57. | |
Kuala Lumpur is very important because it is at the heart of | :08:58. | :09:02. | |
economic activity in the region. When these multinational companies | :09:03. | :09:05. | |
invest in Kuala Lumpur and in other cities around the region, is it a | :09:06. | :09:10. | |
level playing field? Or are multinationals only allowed to open | :09:11. | :09:12. | |
businesses that will not compete directly with Malaysian | :09:13. | :09:17. | |
conglomerates? The multinationals are very good with engaging with the | :09:18. | :09:21. | |
whole ecosystem. They do partnerships with local companies as | :09:22. | :09:24. | |
they set up their regional headquarters. They do partnerships | :09:25. | :09:33. | |
with our universities, for example. They engage very well. And they take | :09:34. | :09:37. | |
advantage of our ecosystem as they set up their headquarters in Kuala | :09:38. | :09:40. | |
Lumpur. You have business finance, oil and gas companies setting up | :09:41. | :09:45. | |
their regional hubs in Malaysia. Any particular sectors or skill sets the | :09:46. | :09:48. | |
government is looking to bring in but has not had much success with? | :09:49. | :09:53. | |
We are moving up the value chain. These initiatives create more | :09:54. | :09:56. | |
high`value jobs, so we are constantly building the talent pool. | :09:57. | :09:58. | |
The engineering space, the technology sector, the finance | :09:59. | :10:04. | |
sector. We already have a large talent pool anyway, so this is a | :10:05. | :10:07. | |
constant initiative from our government to build on that. We have | :10:08. | :10:13. | |
10,000 graduates annually. Thank you. Let's have a look at the Asian | :10:14. | :10:26. | |
markets. Stocks slipped overnight. Thank you for investing more time | :10:27. | :10:36. | |
with us. Goodbye for now. This is BBC News, I'm Mike Embley. | :10:37. | :10:41. | |
The headlines: The family of the American journalist Steven Sotloff | :10:42. | :10:43. | |
have given their first public reaction since a video, appearing to | :10:44. | :10:46. | |
show his murder, was released by Islamic State militants. They said | :10:47. | :10:50. | |
Mr Sotloff was "no hero" ` just someone who wanted | :10:51. | :10:51. |