:00:00. > :00:10.Now for the latest financial news with Sally Bundock
:00:11. > :00:19.Yahoo's accused of secretly scanning millions of e-mails of behalf
:00:20. > :00:27.And Google takes on Apple and Samsung launching a smartphone
:00:28. > :00:35.with artificial intelligence at its heart.
:00:36. > :00:45.Also in the programme, a special report looking
:00:46. > :00:48.at the problems faced by foreign business owners in China.
:00:49. > :00:56.The internet giant, Yahoo, secretly scanned millions
:00:57. > :00:59.of its users' e-mail accounts on behalf of the US government
:01:00. > :01:01.according to the Reuters news agency.
:01:02. > :01:04.It's report suggests the company secretly built custom software
:01:05. > :01:08.The news comes after Yahoo was bought for $5 billion
:01:09. > :01:11.Our North America technology correspondent, Dave Lee,
:01:12. > :01:26.Yahoo May have hoped its troubles were behind it when it finally
:01:27. > :01:33.penned that deal to sell itself to the rise in. But since then it has
:01:34. > :01:37.just been bad news for this company. Two weeks ago we had the company was
:01:38. > :01:43.hit by a huge cyber breach, the biggest in history, affecting half a
:01:44. > :01:46.billion of its users. Now we have been told they themselves may have
:01:47. > :01:49.been complicit in creating secret software to monitor information
:01:50. > :01:55.being sent through their e-mail accounts. It was looking for certain
:01:56. > :01:58.strings of words or characters and communicated that the US
:01:59. > :02:05.intelligence services. We do not know what they were looking for. But
:02:06. > :02:12.it was done in the 15. They are saying it is simply a US company
:02:13. > :02:21.abiding by US law. For Verizon, the potential new owner of Yahoo, they
:02:22. > :02:23.refused to comment at all. BBC News, San Francisco.
:02:24. > :02:26.In the meantime, Google has showcased two new smartphones
:02:27. > :02:29.and a whole host of other devices, in what the company describes
:02:30. > :02:34.The search engine provider gave us a glimpse of its so-called "home
:02:35. > :02:36.It's a voice activated device which uses artificial intelligence
:02:37. > :02:44.Our technology correspondent, Rory Cellan-Jones, has the details.
:02:45. > :02:50.OK, Google, why is Google getting into hardware? It is the software
:02:51. > :02:55.giant whose name defines Internet search. But now Google wants to be
:02:56. > :02:58.big in hardware. For the first time, it is launching two high-end
:02:59. > :03:05.smartphones it has designed itself. It claims they have the best cameras
:03:06. > :03:08.on the market. By the way, unlike the new iPhone from Apple, they also
:03:09. > :03:14.had the new headphones socket. Perhaps more significant is Google
:03:15. > :03:19.Home, a voice controlled intelligent speaker designed to be at the centre
:03:20. > :03:26.of your smart household. Play the trailer on the living room. What
:03:27. > :03:31.this is doing is incredibly difficult, using the national
:03:32. > :03:35.language processing to understand what I say and machine learning to
:03:36. > :03:39.understand my intent, then it is looking in a knowledge graph to find
:03:40. > :03:43.something that matches that, a movie trailer, then goes to YouTube to
:03:44. > :03:49.find the actual streaming video, then it looks for what it should
:03:50. > :03:50.stream at two, the TV in the same room as the person.
:03:51. > :03:52.That was Michael Sundermeyer, Director of User Experience
:03:53. > :03:54.at Google, talking us through Google Home.
:03:55. > :04:04.Matti Littunen is from the research company, Enders Analysis.
:04:05. > :04:12.Good morning. Good morning, Sally your thoughts. The phones to begin
:04:13. > :04:18.with. What do you think? The first thing that pops out of the phones is
:04:19. > :04:22.the price. They are expensive devices compared to other Google
:04:23. > :04:28.hardware bucks out there just launched. These are clearly top of
:04:29. > :04:34.the line smartphones. Google is absolutely making clear this is a
:04:35. > :04:38.showcase of what is possible at the top end of the Android experience.
:04:39. > :04:45.It is going head-to-head with Apple in terms of price. Why would I get a
:04:46. > :04:49.Google phone instead of an iPhone seven? The features are the hardware
:04:50. > :04:55.being on par with iPhones. On top of that, you have exclusive access to
:04:56. > :05:00.some Google services before they are deployed on other Android devices.
:05:01. > :05:07.Of course, artificial intelligence in this instance is part of the big
:05:08. > :05:12.push. You have Siri on the iPhone. Is this more intelligent on Google?
:05:13. > :05:16.You could say that. It is better at answering follow-up queries. It is
:05:17. > :05:21.better at figuring out the context of the user. What does the user
:05:22. > :05:31.wanting the situation, in this user case? In those ways, yes, Google is
:05:32. > :05:35.better. And the Google Home device has got a lot of attention. It does
:05:36. > :05:40.mean it is fairly cheap and you can eliminate many cables in your home.
:05:41. > :05:45.It can be attractive. But I would be concerned about privacy. That is a
:05:46. > :05:49.key question for consumers. Google has made much about how it makes
:05:50. > :05:53.they do it collect anonymous and how strong the encryption is for the
:05:54. > :05:57.data. But the fact we have the assistant on ever increasing amounts
:05:58. > :06:01.of devices at home and on smartphones and the Google is
:06:02. > :06:05.fundamentally anti- advertising business, consumers should be asking
:06:06. > :06:16.questions about what this means for them. -- an advertising. And this is
:06:17. > :06:23.on the date Yahoo Is accused of selling our data on. Yes, they said
:06:24. > :06:28.they were never asked for that level of access from the US government and
:06:29. > :06:31.had they said that they would have said no. Google has ways of
:06:32. > :06:39.preventing this level of government access. But, it does raise the
:06:40. > :06:43.question, when the Internet expands into more and more devices in our
:06:44. > :06:48.homes and lives, how is the data collected and how can we control
:06:49. > :06:54.what is collected... And who is looking at it? Exactly. Thank you
:06:55. > :07:00.for your time and your opinions. And let's have a conversation on line.
:07:01. > :07:00.Share your thoughts about these devices.
:07:01. > :07:03.Now, throughout this week, we've been looking at trade
:07:04. > :07:06.and its impact around the world and one nation that has relied
:07:07. > :07:08.heavily on exports to international markets is China.
:07:09. > :07:11.But, almost four decades after the world's second largest
:07:12. > :07:14.economy opened up to overseas trade, US representatives have told the BBC
:07:15. > :07:17.that it's not a level playing field for foreign companies
:07:18. > :07:34.When President Xi Jinping posted world leaders last month, he told
:07:35. > :07:40.the G20 about the need for open and transparent global trade. -- hosted.
:07:41. > :07:45.It is some way off. There is still a strong feeling for foreign companies
:07:46. > :07:49.be decks are stacked against them. This could refer to access the
:07:50. > :07:54.capital by some big Chinese players and the industrial policies that
:07:55. > :07:59.favour Chinese policies in some areas. China started opening up its
:08:00. > :08:05.economy almost 40 years ago. Robots too much of the work now. Joint
:08:06. > :08:12.ventures like this one between the UK's Jaguar Land Rover and a Chinese
:08:13. > :08:16.company are the only way for some. How is it for foreigners without $1
:08:17. > :08:21.billion to invest? People like this New Zealander, Justin, have been
:08:22. > :08:28.able to set up here on the own since China joins the WTO in 2001. They
:08:29. > :08:32.will be interested in what you are doing more often. They are always
:08:33. > :08:37.generally very friendly and helpful to deal with. But they are quite
:08:38. > :08:40.keen to up why all the rules. If there is a fine Jude Law some kind
:08:41. > :08:48.of non-compliance, they are definitely very key to apply that
:08:49. > :08:52.one. -- fine due for some. With local authorities, we don't see that
:08:53. > :08:56.at all. Opening up to the world has helped make China a rich country,
:08:57. > :09:00.but much of the country remains closed to foreigners. Some of the
:09:01. > :09:13.biggest names that have excelled here face one serious problem. This
:09:14. > :09:20.is exactly the type of thing that drives companies mad. Fake goods are
:09:21. > :09:25.ubiquitous here. Protecting international property remains a
:09:26. > :09:28.challenge in China. What is this? Some technology firms even keep
:09:29. > :09:34.their best kept secrets out of the country, all of which makes trading
:09:35. > :09:44.in China different to trading with China. No trade trading in China. It
:09:45. > :09:51.is a public holiday. Elsewhere we do have trade. Gains in Japan with a
:09:52. > :09:55.weaker yen. The pound is grabbing all the attention at the moment. I
:09:56. > :10:15.can't show it to you... Grow quickly. See you soon.
:10:16. > :10:22.Diane James is stepping down just 18 days after she got the job. She
:10:23. > :10:25.succeeded Nigel Farage on the 16th of September after he quit following
:10:26. > :10:26.the UK's vote to leave the