amol rajan, bbc news. from new ai from new alto a collaboration with apple. google from new al to a collaboration with apple. google unveils plans for its future at a conference in silicon valley. disney's newly returned boss makes strides in returning its streaming visit business back to profit saying we are on the right path. hello there and welcome to the asia business report. google has announced that it report. google has announced thatitis report. google has announced that it is rolling out ai report. google has announced that it is rolling out al to its core search at its annual developer conference in silicon valley, this move comes after

microsoft incorporated chatgpt microsoft incorporated chatg pt into microsoft incorporated chatgpt into its being search engine earlier this year. the company also announced a new folding frame. we have more from the conference. this is google�*s big tech annualjamboree. big tech annual jamboree. google�*s big tech annualjamboree. google�*s opportunity to furnish its artificial intelligence credentials and show off its latest products. since chatgpt was launched by open ai last year it has been widely regarded that google will court on the hop. they did not realise it would be that successful and since then they have been playing catch up. this was an opportunity for google to show off its artificial intelligence and, frankly, there were no big announcements here today. we did get were a series of intermittent announcements regarding ai, for example, its flagship chat lot, card will be rolled out across 118 countries and territories and they also announced a partnership with

adobe five flight to create an ai image generator that will be connected to bard. there were plenty of other announcements. for example they announced a new phone that is foldable at the cost of 1800 dollars. lots of people here were wowed by that news and at the same time that news and at the same time thatis that news and at the same time that is a very, very expensive price point. it will be interesting to see how well that sells. james clayton reporting there. staying with tech, microsoft says it will not raise salaries for full—time employees this year because of difficult economic conditions. like many other tech giants earlier this year it announced massive layoffs letting go of 10,000 staff. the company does say it will continue with its bonuses, and promotions. latertoday continue with its bonuses, and promotions. later today china's biggest online retailer is set to unveil its financial report card for the first quarter of this year and analysts expect to see a boost in earnings after official data showing a

rebound in official sales over the last two months. we also saw an uptick in spending. revenues from domestic tourism doubling from pre— pandemic levels. and it looks like the big spenders are also back. last month a luxury band lvmh reported a 17% increase in q1 revenue from one year earlier and in part that was driven by sales in china. but can this pent—up demand be sustained? we spoke earlier about this. you definitely _ spoke earlier about this. you definitely do _ spoke earlier about this. you definitely do not _ spoke earlier about this. 7m. definitely do not want spoke earlier about this. 7m, definitely do not want to underestimate the strength of the pent—up demand after three years of lockdown. people do want to spend. but i also do not think that we should overestimate the sustainability of pent—up demand and eventually will fade away,

especially when the fundamentals stay weak at this moment, when we look at the first quarter, income growth is low and income —— and essentially consumers are drawing on their savings. that cannot last forever. and despite some positive economic data i have noticed that the youth unemployment rate has been quite high. how much pressure does that put on overall consumer spending in the country? when you look at youth, the younger generation are the ones who like to spend so that high youth unemployment will definitely put a drag on consumption. an then when graduation season comes we have 9 million college graduates who may face this very weak labour market. i think that will not go very well for consumer confidence in general. from the

world's second _ confidence in general. from the world's second biggest - confidence in general. from the | world's second biggest economy to its largest and there is some good news. us inflation has gone below 5% for the first time in two years coming in at 4.9% in time in two years coming in at a.9% in the time in two years coming in at 4.9% in the 12 time in two years coming in at a.9% in the 12 months to april. that marks the 10th month in a row the price rises have slowed and prices for new cars and airline tickets drove the fall. it is still a long way from the 2% target of the federal reserve. the central bank has been raising interest rates to try and control inflation. disney's latest financial results show that the media giant has made some progress in cutting its losses from streaming, even though the number of subscribers to disney plus has been falling. this is the first set of quarterly results since bob iger returned to lead the company. he is trying to slash cost by $5.5 billion this year. the bbc�*s north american business correspondent has more. disney said that losses _

correspondent has more. disney said that losses in _ correspondent has more. disney said that losses in its _ said that losses in its streaming business totalled $659 million. pm streaming business totalled $659 million. �* , ., $659 million. an improvement from one year— $659 million. an improvement from one year earlier. - $659 million. an improvement from one year earlier. the - from one year earlier. the progress was largely down to price increases introduced last december. since his return as chief executive, bob iger has made restoring profitability of his online video offering a top priority. during a call with investors he said they were on the right path to streaming profitability, even with the right to strike that make writers strike going on now. in 2019 when it launched it enjoy explosive growth but costs ballooned. by spending less on bringing in new customers, disney makes more money off each one but its subscriber numbers have fallen. the service has roughly 158 million subscribers around the world, down 2% from december with most of that loss coming from ultra low price subscriptions in india. now while all streamers face the challenge of how to make the money, disney does have one big advantage, its theme parks and they continue

to do very well. profits at the parks experiences and products this division were up 22%. in some relief to the indian struggling airlines, they have been granted bring crop see protection. 0ur reporter explains what this means for go first airline one of the top budget carriers. go first voluntary insolvency petition has been admitted. the ruling was historic saying it prevented a viable airline from becoming unviable. it forces a moratorium on the airlines assets which means that releases —— those who lease go first aircraft cannot send them back. they had filed for bankruptcy last week after reporting losses due to what

they called faulty engines that force them to ground a huge section of their fleet. under the circumstances these are welcome developments for go first but certainly not the best developments for the people leasing planes because they cannot make recoveries as in crups the proceedings have now kicked in. the ruling from the court on wednesday also said that the 7000 strong workforce cannot be laid off at this stage but experts say that while this is a welcome development under the circumstances, it is still going to be a challenging effort for go first to try and set their house in order. if you are a car company whose brand is based on the roar of a powerful engine and the whiff of petrol, how do you cope when there is a push to the future for new silent electric cars? that is the pickle ferrari finds itself in now. the company is due to produce its first supercar powered by batteries in two years but it

says it will continue to make its traditional cars for now. our reporter sat down with the 0ur reporter sat down with the company's chief executive. the essence of _ company's chief executive. the essence of ferrari _ company's chief executive. the essence of ferrari is _ company's chief executive. tue: essence of ferrari is a company's chief executive. tte: essence of ferrari is a luxury brand and when you develop a luxury brand you talk about brand that touches the client's soul. so you may attach that to a lifestyle, to racing, to a car so luxury is in essence that touches the core of the people. that touches the core of the eo - le. ., , ., , people. you will be developing combustion — people. you will be developing combustion engine _ people. you will be developing combustion engine cars - people. you will be developing combustion engine cars but. people. you will be developing i combustion engine cars but here in the uk those cars are going to be banned from 2035. does that mean that at some point in the future much of your range will be banned from the uk? they will not be sold? the reason why we have three sorts of cars allows us to incorporate regulation all over the world. for

incorporate regulation all over the world-— the world. for me and many others who _ the world. for me and many others who like _ the world. for me and many others who like cars, - the world. for me and many others who like cars, ferrari j others who like cars, ferrari is about the enormous engine raw. that makes the car as much as the paint scheme. how will you replace that feeling in an electric vehicle that does not make noise?— electric vehicle that does not make noise? when you are in a ferrari you _ make noise? when you are in a ferrari you experience - make noise? when you are in a ferrari you experience ferrari l ferrari you experience ferrari in a different way. you experience with your eyes and your ears and your full body. when it comes to the sound, people believe that an electric engine, electrical engines without motors, it is has no sound. it has a sound and that is the inner part. that is what we want to extract and make specific for our car.- specific for our car. staying with cars. _ specific for our car. staying with cars, the _ specific for our car. staying with cars, the japanese - with cars, the japanese carmaker toyota has posted full—year results that are better—than—expected yesterday. it made more than $18 billion for the fiscal year which was a drop on the year earlier. it also raised its forecast going

forward with analysts saying it appears the industry is overcoming the supply chain issue. that is it for the show, thank you so much for watching. three months ago alex was issued with a section 21 eviction notice after complaining about mould in the property she was renting in birmingham. she left before it reached the courts. the 27—year—old does not want to be identified because of the stigma attached to evictions and she feels embarrassed but the whole situation. irate and she feels embarrassed but the whole situation.— the whole situation. we were never told — the whole situation. we were never told explicitly - the whole situation. we were never told explicitly the - never told explicitly the reason they decided it was too expensive and unsafe and they wanted us out. it made me feel more insecure about the future.

section 21 orders allow landlords to repossess a property without having to establish that the tenant is at fault, giving them two months notice. 0ur fault, giving them two months notice. our investigation found that the number issued in the west midlands rose by 172% in one year. the government says a renter�*s reform bill will brought forward in this parliament. no fault evictions will be abolished. ministers say all tenants will be given greater security in their homes and empowered to challenge poor conditions and reasonable rent rises. back in birmingham, alex has found a new flat and says it is more expensive and further away from family and friends. hey this is the catch up. tonight, eurovision fund, irma takes flight and a furry

caller. ajury has takes flight and a furry caller. a jury has found that the former president donald trump sexually abused a magazine columnist in a new york department store in the 19905. york department store in the 1990s. they ordered him to pay ejean 1990s. they ordered him to pay e jean carroll around 1990s. they ordered him to pay ejean carroll around $5 e jean carroll around $5 million ejean carroll around $5 million in damages. it is the first time he has been found legally responsible for a sexual assault. and some other stories for you now. uber uses in the uk will soon be able to book flights. the company say they want to create a door—to—door travel solution for their customers and this could even be in place by summer. and eurovision started in liverpool last night and 15 acts competed for a place in saturday's final. ten countries are through to the next including norway, sweden and portugal. and that is not all. actress and comedian katherine tate will reveal the uk jury's favourite act during saturday's

final. and time now to leave you with ten seconds of unwelcome visitors. brace yourself for this one. look at this very brave bear caught on camera ringing a doorbell at a house in west virginia in the united states. do0rbell house in west virginia in the united states. doorbell rings that is definitely the last visitor i would want late at night. you are all caught up now. have a good night.

hello, i'm mark edwards from the bbc sports centre. coming up on our programme, heading into the final. inter milan beat fierce rivals ac milan 2—0 in the first leg of their champions league last four tie. more disappointment for delhi — capitulation from the capitals as they lose again in the ipl while the super kings march on.

and the weather wreaks havoc on stage five