0:00:00 > 0:00:06Live from London, that's our top story on Thursday, 4th January.
0:00:35 > 0:00:38Computer chips made by Intel have been shown to have serious security
0:00:38 > 0:00:41flaws but those made by ARM and AMD are also affected, we'll tell
0:00:41 > 0:00:42you everything you need to know.
0:00:42 > 0:00:43Also in the programme.
0:00:43 > 0:00:46A week after Iran's protests kicked off the authorities declare victory
0:00:46 > 0:00:48but the economic worries haven't gone away.
0:00:48 > 0:00:51Japan closes at a 26 year high. This is Europe and how it is trading
0:00:51 > 0:00:51right now.
0:00:51 > 0:00:53This is Europe and how it is trading right now.
0:00:53 > 0:00:54And taking homework online.
0:00:54 > 0:00:58We'll speak to the former teacher whose using to technology to make it
0:00:58 > 0:01:00easier for students to give in their work and
0:01:00 > 0:01:04teachers to mark it.
0:01:04 > 0:01:08So will it bring an end to excuses like "My dog ate it, sir"?
0:01:08 > 0:01:10Today we want to know.
0:01:10 > 0:01:13With the floating of Spotify set to be worth billions -
0:01:13 > 0:01:14have you embraced the music streaming revolution?
0:01:14 > 0:01:17Or are you still using an iPod, CDs or vinyl?
0:01:17 > 0:01:25Just use the hashtag BBCBizLive.
0:01:29 > 0:01:34Hello and welcome to Business Live.
0:01:34 > 0:01:39So many of you have been in touch already about the Spotify story so
0:01:39 > 0:01:42keep your comments coming in and we will fill you in on what you have
0:01:42 > 0:01:47been saying as the programme progresses.
0:01:47 > 0:01:50Let us start with the story regarding Intel.
0:01:50 > 0:01:52Let us start with the story regarding Intel.
0:01:52 > 0:01:54Nearly all the world's computers worldwide have been exposed
0:01:54 > 0:01:56to security flaws which leave them vulnerable to attacks by hackers.
0:01:56 > 0:01:59Many smartphones and tablets are also affected by the flaw in
0:01:59 > 0:02:02the chips which power the devices.
0:02:02 > 0:02:06There are two separate security flaws, known
0:02:06 > 0:02:07as Meltdown and Spectre.
0:02:07 > 0:02:12Meltdown affects Intel chips, they're the most popular by far,
0:02:12 > 0:02:14and are in around 1.35 billion personal computers worldwide
0:02:14 > 0:02:17as well as internet servers.
0:02:17 > 0:02:21Spectre potentially has a wider reach.
0:02:21 > 0:02:23It affects chips in smartphones, tablets and computers powered
0:02:23 > 0:02:33by Intel, ARM and AMD.
0:02:33 > 0:02:37Fixes are being rolled out, but some researchers have claimed
0:02:37 > 0:02:39they could slow down computer systems by as much as 30%
0:02:39 > 0:02:44but Intel believes these claims are exaggerated.
0:02:44 > 0:02:46Let's get more on this with our technology
0:02:46 > 0:02:48correspondent Rory Cellan Jones.
0:02:48 > 0:02:53So it seems like we have a programme. One for us, two for
0:02:53 > 0:02:57Intel. Let us talk about us first, have we got a problem, how big is
0:02:57 > 0:03:02it?I love the fact that cyber security industry calls these two
0:03:02 > 0:03:07meltdown and spectre. Nothing to scare anybody at all. This is, this
0:03:07 > 0:03:11is very serious, the industry has known about it for some month, what
0:03:11 > 0:03:15happens is they are discovered and there is a race to fix them before
0:03:15 > 0:03:20they become public, so, They are annoyed it has come out. What this
0:03:20 > 0:03:23is, is a flaw which could enable somebody with malicious intent to
0:03:23 > 0:03:29get into the heart of a computer, places where you are not supposed to
0:03:29 > 0:03:33be able to get, where secure information such as passwords, the
0:03:33 > 0:03:39Crown jewels are kept, so that is why there is such concern. But there
0:03:39 > 0:03:44has been this effort goes on over many months to fix this flaw, in all
0:03:44 > 0:03:48of these different chip designs, I think it is quite far advanced. The
0:03:48 > 0:03:51security patches are already being rolled out, we should see more over
0:03:51 > 0:03:55the coming days and obviously the instruction is, if you get a note
0:03:55 > 0:03:59saying update your computer, do it. OK, what about Intel, how big a
0:03:59 > 0:04:05problem for them is it?It is less of a problem we first thought. When
0:04:05 > 0:04:09this first merging a news site that broke this yesterday, and it was
0:04:09 > 0:04:14thought to be just about Intel, and other chip makers were walking round
0:04:14 > 0:04:21looking pleased with themselves, then, late last night we had Google
0:04:21 > 0:04:26security blog, pretty respected, came out with this line it actually
0:04:26 > 0:04:32after fectd effected AMD, a big rival chip maker and ARM who designs
0:04:32 > 0:04:36the chips that go into mobile phones. A huge hit on Intel share
0:04:36 > 0:04:40price, at one point it was down 5%, others were soaring upwards, we will
0:04:40 > 0:04:45see the pain is spread more evenly. ? One last question, as far as we
0:04:45 > 0:04:50know, nobody has made use of this vulnerability, has anyone hacked? We
0:04:50 > 0:04:57are just open at the moment? It is a potential vulnerability, the UK's
0:04:57 > 0:05:00national cyber security centre, stressed as far as we know nobody so
0:05:00 > 0:05:01far has managed to exploit this flaw.
0:05:01 > 0:05:08Thank you. Are you off tomorrow?I am getting on a plane to go to...
0:05:08 > 0:05:16Las Vegas.What some would regard Aztec heaven, the show in Las Vegas.
0:05:16 > 0:05:20The next time we will see Rory it will be there. We look forward to
0:05:20 > 0:05:22hearing about it.
0:05:22 > 0:05:23We look forward to hearing about it.
0:05:23 > 0:05:26Let's take a look at some of the other stories making the news.
0:05:26 > 0:05:29The world's most popular music streaming company Spotify is widely
0:05:29 > 0:05:31reported to have approached US regulators to list
0:05:31 > 0:05:33its shares publicly on the New York Stock Exchange.
0:05:33 > 0:05:36According to Axios and Bloomberg, the firm hopes to launch its shares
0:05:36 > 0:05:38in the first three months of the year.
0:05:38 > 0:05:41The company could be worth as much as $15bn and has declined
0:05:41 > 0:05:50to comment on the reports.
0:05:50 > 0:05:52Electric car maker Tesla has again pushed back production targets
0:05:52 > 0:05:53for its mass-market Model three.
0:05:53 > 0:05:57Tesla now says it will hit 5000 cars per week at the end
0:05:57 > 0:05:59of the second quarter - instead of at the end
0:05:59 > 0:06:04of the first quarter as per their previous announcement.
0:06:05 > 0:06:07As tech heaven, the show in Las Vegas. The next time we will see
0:06:07 > 0:06:10Rory it will be there. We look forward to hearing about it.
0:06:10 > 0:06:12Manchester City have more financial firepower than any other club in
0:06:12 > 0:06:20world football accuse coring to a new ranking by soccer X. It is owned
0:06:20 > 0:06:24by Sheikh Mansour, who has invested heavily in the team since he took it
0:06:24 > 0:06:28over almost a decade ago.
0:06:28 > 0:06:31Next, Iran, where the head of the Revolutionary Guards has
0:06:31 > 0:06:33declared the defeat of 'sedition' in the country.
0:06:33 > 0:06:35He's referring of course to a wave of anti-government protests
0:06:35 > 0:06:36which began last week.
0:06:36 > 0:06:38But the economic issues behind them haven't gone away.
0:06:38 > 0:06:48This is Iran's economic growth rate over the past decade.
0:06:48 > 0:06:50You can see how it has struggled because of international sanctions -
0:06:50 > 0:06:54and then been boosted since the deal over Iran's nuclear programme
0:06:54 > 0:06:57The problem is - many people have yet to feel the benefit.
0:06:57 > 0:06:58According to a BBC Persian investigation -
0:06:58 > 0:07:01living standards have fallen sharply over the last decade -
0:07:01 > 0:07:03with the average household budget down to £12,500.
0:07:03 > 0:07:04France-based TV presenter Sanam Shantyaei has
0:07:04 > 0:07:05just returned from Iran.
0:07:05 > 0:07:10She told the BBC the economy is the main grievance for many people.
0:07:14 > 0:07:17Ording to a new ranking by Soccer X. It is owned by Sheikh Mansour, who
0:07:17 > 0:07:20has invested heavily in the team since he took it over almost a
0:07:20 > 0:07:22decade ago. The price of Stanle goods has been
0:07:22 > 0:07:31soaring compared to people's incomes. Let us talk to a Middle
0:07:31 > 0:07:37East analyst. Those things, is that the reason we have problemsThe main
0:07:37 > 0:07:40driver is certainly economic grow vanses, I think you can --
0:07:40 > 0:07:44grievance, you can summarise them in two point, firstly the nuclear deal,
0:07:44 > 0:07:52which came into effect in early 2016, raised expectations
0:07:52 > 0:07:55significantly, the President sold it as something that would reinvigorate
0:07:55 > 0:08:01the economy and boost living standards, while economic growth has
0:08:01 > 0:08:05rebounded living standards haven't matched that.Isn't it too soon,
0:08:05 > 0:08:09given the fact that international trade sanctions were only lifted
0:08:09 > 0:08:14recently.That is a good point. Things take time but the trouble
0:08:14 > 0:08:18with the recovery that has happened is that it is mostly been in the oil
0:08:18 > 0:08:23and gas sector, which is not labour intensive so it doesn't necessarily
0:08:23 > 0:08:27help boost employment, one of the key inissues ssmIs the Government
0:08:27 > 0:08:33aware and it is doing something about this?The Government is aware
0:08:33 > 0:08:38but there is a contradiction between the authorities in Iran. The
0:08:38 > 0:08:44President is keen to introduce economic reforms, but of course,
0:08:44 > 0:08:47there is the Conservative establishment within the theocratic
0:08:47 > 0:08:52regime that contradicts these.As well, many have said that one of the
0:08:52 > 0:08:58major issues for the economy is the banking system, the financial
0:08:58 > 0:09:02services and the fact they are so far behind?The banking system has
0:09:02 > 0:09:08its own problems domestically, there is a lot of bad debt, a lack of
0:09:08 > 0:09:11transparency, but sanction, US sanctions are still inhibiting the
0:09:11 > 0:09:21banking sector.We will leave it there, thank you.
0:09:21 > 0:09:24China's Didi Chuxing is going to be at loggerheads with US giant Uber
0:09:24 > 0:09:26in Brazil, after buying out local firm 99 Taxis
0:09:26 > 0:09:27for a reported $600 million.
0:09:27 > 0:09:30With more on the significance of this deal, Robin Brant
0:09:30 > 0:09:32is in Shanghai.
0:09:32 > 0:09:41Good to see you. So is that big deal and is Uber worried?Yes it is is a
0:09:41 > 0:09:46big deal, because this company is making its first big step in a
0:09:46 > 0:09:51foreign market. Didi we are hearing is looking to go into Mexico as well
0:09:51 > 0:09:56and possibly employ drivers there under its own branding, so this move
0:09:56 > 0:10:01in Brazil is a significant step in the Latin American market. It
0:10:01 > 0:10:06reminds us of these big expansions that these big privately held
0:10:06 > 0:10:12Chinese tech companies have. Have. Didi's COO says it is a top
0:10:12 > 0:10:17priority. It is only four years old. They have managed to raise $4
0:10:17 > 0:10:21billion in its last investment round last year, a young company but one
0:10:21 > 0:10:26with huge global ambitionings. It is a reminder as well of what China is
0:10:26 > 0:10:30trying to do in terms of its globe presence. The company is is a good
0:10:30 > 0:10:35example here, perhaps we will see more of the initial tie up, it has
0:10:35 > 0:10:39strategic partnerships with seven other... In certain markets and what
0:10:39 > 0:10:46it does it goes in and ties up and buys them later, is that going to
0:10:46 > 0:10:50happen in India or Europe? Almost certainly.We will watch this space.
0:10:50 > 0:10:56Let us look at the financial markets. It was a really good
0:10:56 > 0:11:02session in Asia, Japan closing at 23506. A 3.26 gain for the markets
0:11:02 > 0:11:07in Tokyo, the first day of trading in Japan, in 2018, that is a 26 year
0:11:07 > 0:11:12high. All this follows in Asia throughout, and also it follows a
0:11:12 > 0:11:18record breaker the night before, particularly for the SNP500. There
0:11:18 > 0:11:22is so much momentum in the markets. Let us look at Europe. We have a
0:11:22 > 0:11:26sense of how things are going. You can see they are up. Germany up at
0:11:26 > 0:11:32the moment. There is lots of issues at play, we have oil prices rising,
0:11:32 > 0:11:38we had a weaker yen in Japan, we have a big report out Friday
0:11:38 > 0:11:41tomorrow, US December employment data which is very important, of
0:11:41 > 0:11:45global attention, so let us look ahead to today on Wall Street. Here
0:11:45 > 0:11:50is Samara.The eastern part of US and Canada has been living under
0:11:50 > 0:11:56cold temperatures for the last ten day, and now, the same area is
0:11:56 > 0:12:00expecting a winter storm so intense, it has been called a bomb cyclone,
0:12:00 > 0:12:05with snow and strong winds that could take out trees and power line,
0:12:05 > 0:12:10that means people who are out spending money will likely be buying
0:12:10 > 0:12:13shovels and heater, hopefully the ADP national employment report will
0:12:13 > 0:12:19warm the hearts of Wall Street. It is expected to show that US private
0:12:19 > 0:12:23employers added 190,000 jobs in the month of December, finally the US
0:12:23 > 0:12:28drug store chain wall green is expected to report an increase in
0:12:28 > 0:12:31its first quarter profit, helped by a boost in sales of prescription
0:12:31 > 0:12:37drugs.
0:12:37 > 0:12:38Joining us is Maike Currie, Investment Director
0:12:39 > 0:12:41at Fidelity International.
0:12:41 > 0:12:45So Japan, off with a bang? Absolutely.What is the reason
0:12:45 > 0:12:50behind? It?We knowed that that a strong second half after the
0:12:50 > 0:12:54re-election of the Prime Minister, and we just seeing a continuation of
0:12:54 > 0:12:58that. Germany, the strong results out of Germany and the US, strong
0:12:58 > 0:13:03manufacturing data is playing a role, but also, Japan is benefits
0:13:03 > 0:13:08from the weaker yen, this is an export driven economy. It benefits
0:13:08 > 0:13:12when the currency is weaker.As well of course Japan has been shut till
0:13:12 > 0:13:16now, since the end of last year, so it is kind of catching up because
0:13:16 > 0:13:20America and Europe has been open for a few days and we have been seeing
0:13:20 > 0:13:25them going up and up. Tell us about oil as well. That not breaking new
0:13:25 > 0:13:31ground but certainly, round $66 a barrel?The question is whether will
0:13:31 > 0:13:37oil find the balance? Probably between $60-70, we have tensions in
0:13:37 > 0:13:40Iran, we have tensions between Saudi Arabia and Iran, but also, global
0:13:40 > 0:13:44growth is picking up, on the demands side we are getting that coming
0:13:44 > 0:13:49through.But, doesn't round about this level, I would have thought it
0:13:49 > 0:13:54was more like closer to $60 that they start opening the taps.That is
0:13:54 > 0:13:59is a good point. The Shell producers have been nimble in picking up
0:13:59 > 0:14:03protection as soon as the oil price picks up and that threat remains
0:14:03 > 0:14:08there. Opec has been more disciplined in putting the kerbs on.
0:14:08 > 0:14:12What about Iran, what effect is that having on oil?We have the
0:14:12 > 0:14:16anti-Government protest you spoke about earlier, so that is putting
0:14:16 > 0:14:22some pressure on oil but the big player is to peck cartel, they have
0:14:22 > 0:14:27been disciplined and decided to curb production for all of 2018.OK. Stay
0:14:27 > 0:14:32round. We will be talking about newspapers later and also about what
0:14:32 > 0:14:43you listen do your music on? Vinyl? No, no.CD?Streaming.All right.
0:14:43 > 0:14:49Still to come. Taking homework on line we will speak to the former
0:14:49 > 0:14:55teacher who is using technology to make it easier for students to give
0:14:55 > 0:14:59in homework and for teachers to keep track of it.
0:14:59 > 0:15:01You're with Business Live from BBC News.
0:15:03 > 0:15:07Have you ever raged about having to use a self-checkout till
0:15:07 > 0:15:13in a shop, rather than being served by a human being?
0:15:13 > 0:15:14You may have to get used to it.
0:15:14 > 0:15:17A new report is warning that some minimum wage jobs -
0:15:17 > 0:15:19including cashiers and shop assistants - could be replaced
0:15:19 > 0:15:28by machines or computers.
0:15:28 > 0:15:30Agnes Norris Keiller, Research Economist from IFS
0:15:30 > 0:15:33joins us from the newsroom.
0:15:33 > 0:15:38What have you found? What are you predicting?Good morning. In this
0:15:38 > 0:15:42latest piece of work we look at the sort of people who are doing jobs
0:15:42 > 0:15:46which are paid at the minimum wage. In the next two years, the minimum
0:15:46 > 0:15:51wage is set to rise substantially. While people who are currently paid
0:15:51 > 0:16:01the minimum wage are currently employed in personal servants --
0:16:01 > 0:16:07services like
0:16:12 > 0:16:17people currently work in personal services like care work which are
0:16:17 > 0:16:25difficult for machines to do.Do you think this will push wages up
0:16:25 > 0:16:30because you cannot automate these jobs?Yes, typically we think some
0:16:30 > 0:16:34on's wage is determined by how easily a new employer can choose
0:16:34 > 0:16:39between a work or a machine. Because the lowest paid doing jobs which are
0:16:39 > 0:16:43hard for computers to do, that has insulated them against technological
0:16:43 > 0:16:48change. However, over the next two years, if the minimum wage rises and
0:16:48 > 0:16:52covers more people, the jobs there's minimum wage workers are doing might
0:16:52 > 0:17:03be easier for computers
0:17:08 > 0:17:10to do, so we might the increase in unemployment, rather than an
0:17:10 > 0:17:12increase in the wages of low-wage workers.Interesting. Agnes, thank
0:17:12 > 0:17:14you. On our website our economics editor Kamal Ahmed has also written
0:17:14 > 0:17:17about this report and the analysis of how it affects us all.
0:17:17 > 0:17:21And there is also a story about house prices which rose by 6.2%
0:17:21 > 0:17:26across the UK but the nationwide is warning that the situation varies
0:17:26 > 0:17:31depending on where you are. In London, prices are 55% above where
0:17:31 > 0:17:37they were in 2007, but in certain areas, including West London, you
0:17:37 > 0:17:48will find that prices have been falling.
0:17:51 > 0:17:59Our top story today, tech firms are rushing to fix major bugs in
0:17:59 > 0:18:03computer chips which means hackers could get our personal data.
0:18:03 > 0:18:07Let's have a quick look at the market.
0:18:11 > 0:18:15All the markets are benefiting from rises in Japan which itself
0:18:15 > 0:18:21benefited from rises in the United States.
0:18:21 > 0:18:23When choosing a career, becoming a teacher can be a very
0:18:23 > 0:18:26rewarding profession.
0:18:26 > 0:18:28However, many find the job stressful and are overworked.
0:18:28 > 0:18:31In a bid to tackle this, more and more schools
0:18:31 > 0:18:32are using online programmes to alleviate some
0:18:32 > 0:18:41of those pressures.
0:18:41 > 0:18:43According to some analysts, the global e-Learning market
0:18:43 > 0:18:44could be worth $325 billion by 2025.
0:18:44 > 0:18:47In India alone, the online education industry is expected rise by 800%
0:18:47 > 0:18:48over the next three years.
0:18:48 > 0:18:51And in China, the country currently has 90 million students using online
0:18:51 > 0:18:56software for educational purposes.
0:18:56 > 0:19:01Satchel is one example of a company which works with students,
0:19:01 > 0:19:03teachers and tutors to provide a range of services including
0:19:03 > 0:19:12interactive resources and online homework submission.
0:19:12 > 0:19:17I know it well. My son uses the system at his school.
0:19:17 > 0:19:20Other products are available, or we have to say.
0:19:20 > 0:19:25They are indeed but not at my son's school.
0:19:25 > 0:19:33We're joined by Naimish Gohil, CEO and co-founder of Satchel.
0:19:33 > 0:19:38Just tell us what your product is capable of doing?Our software makes
0:19:38 > 0:19:45it easy for teachers to set homework and parents can see the homework
0:19:45 > 0:19:50without having to rely on their children. They can have this
0:19:50 > 0:19:53information ahead of time. I think the big benefit is they can stay
0:19:53 > 0:19:58informed and be ahead of the curve so they can be involved in their
0:19:58 > 0:20:03child's education.I have to say, it sounds like a no-brainer. I'm amazed
0:20:03 > 0:20:10this was not done years ago but your company has been around a while, but
0:20:10 > 0:20:16I'm amazed there is not more competition in this market?Icon
0:20:16 > 0:20:25from this world. I used to be a teacher.But you are also an
0:20:25 > 0:20:31engineer?Have an engineering background so I was able to merge my
0:20:31 > 0:20:34engineering and teaching skills. When you are a teacher in the
0:20:34 > 0:20:38trenches, you don't have time to learn how to use lots of new
0:20:38 > 0:20:41technology. It should be like electricity. You should just press
0:20:41 > 0:20:47the switch and it will work. I think that has been one of our big
0:20:47 > 0:20:52strengths.I have to agree with you. I am useless when it comes to
0:20:52 > 0:20:56technology that I can use this and I can keep an eye on what my son is up
0:20:56 > 0:21:01to or what he is not up to, but it does not improve his performance. It
0:21:01 > 0:21:05just tells me what he's doing or what he was not doing. I wish there
0:21:05 > 0:21:09was something out there that would make in work harder or better or
0:21:09 > 0:21:14improve?That is a very valid question. From our side, technology
0:21:14 > 0:21:19like this can hopefully free up teachers' time and if we can do that
0:21:19 > 0:21:24it means they can spend more time creating relevant quality homework,
0:21:24 > 0:21:29so when students are spending outside school, it is worthwhile and
0:21:29 > 0:21:33they are more interested and engaged in it.How much competition is
0:21:33 > 0:21:39there? How far right you getting into this market? How much further
0:21:39 > 0:21:43is there to go?In the UK we are used by more than one in three
0:21:43 > 0:21:48secondary schools in the UK. We have customers in 23 countries outside
0:21:48 > 0:21:52the UK. What is exciting and beneficial for the industry as a
0:21:52 > 0:21:57whole, we see lots of technology from other education providers and
0:21:57 > 0:22:01other teachers, but are building solutions that can hopefully impact
0:22:01 > 0:22:06the whole industry.The way you make money as the school pays you an
0:22:06 > 0:22:17annual subscription for this service. But I would expect the
0:22:17 > 0:22:20school then to make some savings. So my son has got the system that we
0:22:20 > 0:22:23are talking about, but also he has this big fat homework diary where he
0:22:23 > 0:22:25physically write stuff in there as well. You would think the schools
0:22:25 > 0:22:28would make some sort of savings but they'll still using old tech and new
0:22:28 > 0:22:32tech?... Yes, we are starting to see that more and more. As schools
0:22:32 > 0:22:37become more and more comfortable with technology, we are finding over
0:22:37 > 0:22:40time they reduced the amount of money they spend on physical
0:22:40 > 0:22:46products like diaries. Naimish Gohil from Satchel, thank
0:22:46 > 0:22:50you for joining us.
0:22:50 > 0:22:53In a moment we'll take a look through the business pages but first
0:22:53 > 0:22:56here's a quick reminder of how to get in touch with us.
0:22:56 > 0:23:00Stay up-to-date with all the day's business news, as it happens on the
0:23:00 > 0:23:04BBC's Business Live page. There is insight and analysis from our team
0:23:04 > 0:23:08of editors around the globe and we want to hear from you. Get involved
0:23:08 > 0:23:15on the BBC's Business Live web page. We are on Twitter and you can find
0:23:15 > 0:23:23us on Facebook. Business Live, on TV and online. What you need to know
0:23:23 > 0:23:25when you need to know.
0:23:25 > 0:23:27What other business stories has the media been
0:23:27 > 0:23:28taking an interest in?
0:23:28 > 0:23:35Maike Currie is joining us again to discuss.
0:23:35 > 0:23:42Spotify, the big one. That seems to be getting everybody excited. Are
0:23:42 > 0:23:45you excited?I am excited. It is interesting because we will see more
0:23:45 > 0:23:49and more of these digital players list on the main stock exchange is.
0:23:49 > 0:23:55It is tricky to value these companies and we will see some
0:23:55 > 0:24:03comparisons with the company like Snapchat which listed at a boom but
0:24:03 > 0:24:11since then the share price has fallen.We have a tweet but I am
0:24:11 > 0:24:17logging into Twitter as we speak. Technology is not my strength! James
0:24:17 > 0:24:22says I keep my vinyl as a souvenir. I still listen to old CDs now and
0:24:22 > 0:24:28then. Quite a few of you have told me that you still have cassettes.I
0:24:28 > 0:24:33love cassettes but you have to have a good machine to listen on.Ryan
0:24:33 > 0:24:37says I never use Spotify but I use Apple music mostly with their
0:24:37 > 0:24:43download option, customise channels and he has a long list of streaming
0:24:43 > 0:24:54services.This person says vinyl cannot be replicated digitally.
0:24:54 > 0:25:00Another story, this story about Norway, I really like. I am not
0:25:00 > 0:25:06surprised at all to hear that Norway is the country with the most hybrid
0:25:06 > 0:25:11or electric cars on the roads. Norway has a name of having hybrid
0:25:11 > 0:25:17or electric cars by 2025, so just in a few years' time, to reduce
0:25:17 > 0:25:22pollution. They give generous tax breaks and people who buy these cars
0:25:22 > 0:25:27get the benefit of free ferries and toll fares. Norway is the biggest
0:25:27 > 0:25:32producer of oil in Western Europe. The government now has two claw-back
0:25:32 > 0:25:35on all these subsidies and ways of encouraging people to use electric,
0:25:35 > 0:25:38because they have been so successful?
0:25:38 > 0:25:42Her razor Norway!