00:00Hello everybody, alright we saw one major story come out of New York this week and that's
00:06Facebook.
00:07Now if you haven't seen the news already, Facebook's Mark Zuckerberg is talking about
00:11merging Instagram, Facebook Messenger, and WhatsApp.
00:16Now a lot of people might think this is a good idea.
00:18They're going to rebuild the entire infrastructure so that all three apps will work together.
00:22Now don't worry, the apps will still be there a few months from now when they introduce
00:26this new plan.
00:27So you don't have to worry about losing your Instagram feed or your previous messages.
00:32There is some concerns, however, because Facebook has been at the forefront of a lot of the
00:37privacy issues we've seen out in the cyber world very recently.
00:41And there's concerns about merging these three could open people up to new types of
00:46privacy violation.
00:47However, on Facebook's side, there is some good news.
00:50They have said that they do want to put end-to-end encryption across all the apps.
00:54So that means you should be secure.
00:56However, this is not without controversy.
00:58If you remember over the last year, we've seen both the former heads of Instagram and
01:03WhatsApp both leave Facebook because they were unhappy with Mark Zuckerberg's activity
01:08in their particular apps.
01:10We'll have to see where this goes, so keep checking back.
01:13Right now, it's just in planning stages, but it looks like more likely Facebook will go
01:18ahead with this.
01:19All right, in local news, we have some major oil announcements.
01:23This morning, AdNoc announced that they were giving two concessions to an Italian and an
01:28Austrian firm, that's Eni from Italy and OMV from Austria, who will have concessions in
01:34both a joint trading company and in an oil refinery company.
01:39This total deal is worth about $5.8 billion, and it's going to help both companies, or
01:46all three companies, build up a lot their overall refinery process.
01:51Third thing we're looking at this week, and this is not really going to have so much of
01:54a bigger impact here, but a global impact.
01:57Two things.
01:58One, Theresa May is hitting the road with her upcoming Brexit deal.
02:01She's got 60 days now, two months, to try to sell the Brexit deal she has to the parliament,
02:07or they're just crashing out of the European Union without a deal.
02:10The second thing is the U.S. government is back and open and ready for business again
02:14after the 35-day layoff.
02:16Now, what does that mean here?
02:18Not much, but it could boost investor confidence around the world.
02:22Maybe you see stock rise over the next few days.
02:25However, don't get too far ahead of yourselves.
02:27There could be an act two here.
02:29Donald Trump has threatened, unless he gets the money for his border wall and he's still
02:32asking for almost $5 billion, he could shut down the government again in as little as
02:37three weeks, or he could possibly even declare a national emergency, and then who knows what
02:41will happen at that point.
02:42All right, so a lot of stuff going on this week.
02:45Please keep checking back to gulfnews.com for the latest updates.
02:48Thanks for watching.
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