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Month: March 2019

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Mar252019 by TechmanNo Comments

Chances of UN Banning Killer Robots Looking Increasingly Remote

All, News, Technology
The Campaign to Stop Killer Robots warns chances of achieving a U.N. treaty banning the development, production and use of fully autonomous lethal weapons, also known as killer robots, are looking increasingly remote.  Experts from some 80 countries are attending a weeklong meeting to discuss…


Mar252019 by BusmanNo Comments

Chairman of India’s Ailing Jet Airways Resigns

All, Business, News
The chairman of India's private Jet Airways has quit amid mounting financial woes which have forced it to suspend 14 international routes and ground more than 80 planes. A statement by the airline says its board on Monday accepted the resignations of Chairman Naresh Goyal,…


Mar252019 by BusmanNo Comments

EU Fines Nike for Blocking Cross-border Sales of Soccer Merchandise

All, Business, News
U.S. sportswear maker Nike was hit with a 12.5 million euro ($14.14 million) fine on Monday for blocking cross-border sales of soccer merchandise of some of Europe's best-known clubs, the latest EU sanction against such restrictions. The European Commission said Nike's illegal practices occurred between…


Mar252019 by TechmanNo Comments

Apple Spotlights Services with TV, Gaming and Credit Card Offerings

All, News, Technology
Apple attempted to reintroduce itself on Monday as an entertainment and financial services company that also makes iPhones as it launched a streaming television service, a credit card and an online gaming arcade. The world's second-most valuable technology company lifted the curtain on a television…


Mar252019 by TechmanNo Comments

Ethiopian Airlines Chief: ‘Many Questions’ Remain About Boeing Aircraft

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The head of Ethiopian Airlines said "many questions on the B-737 MAX airplane remain without answers" and he pledged "full and transparent cooperation to discover what went wrong." "Until we have answers, putting one more life at risk is too much," CEO Tewolde Gebremariam said…


Mar232019 by BusmanNo Comments

How US States Are Richer Than Some Foreign Nations

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The United States is an economic powerhouse. As the largest economy in the world, the U.S. produced $20.5 trillion worth of goods and services — known as its Gross Domestic Product (GDP) — in 2018. That's impressive when you consider that the total GDP for…


Mar222019 by BusmanNo Comments

US Government Posts $234 Billion Deficit in February

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The U.S. federal government posted a $234 billion budget deficit in February, according to data released Friday by the Treasury Department. Analysts polled by Reuters had expected a $227 billion deficit for the month. The Treasury said federal spending in February was $401 billion, up…


Mar222019 by TechmanNo Comments

US Official: China’s Race to 5G Raises Global Security Concerns

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Michael R. Wessel is a commissioner of the U.S.-China Economic and Security Review Commission, a U.S. government organization that investigates the national security implications of trade and economic relationship between the U.S. and China. He recently discussed with VOA his concerns about China’s race to…


Mar222019 by BusmanNo Comments

GM Announces Jobs, Electric Vehicle After Trump Criticism

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Less than a week after a series of critical tweets from the president over an Ohio plant closure, General Motors is announcing plans to add 400 jobs and build a new electric vehicle at a factory north of Detroit. The company says it will spend…


Mar212019 by TechmanNo Comments

US House to Vote in April to Reinstate Net Neutrality Rules

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The Democratic-led U.S. House of Representatives will vote in April on a bill to reinstate landmark net neutrality rules repealed by the Federal Communications Commission under President Donald Trump.  House Majority Leader Steny Hoyer of Maryland said in a letter to colleagues on Thursday, seen by Reuters, that lawmakers would…


Mar212019 by BusmanNo Comments

Malaysian Leader in Pakistan to Sign $900M in Investment Deals 

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Malaysian Prime Minister Mahathir Mohamad arrived Thursday in Pakistan on an official three-day visit, where his high-powered delegation is expected to finalize investment deals worth nearly $900 million, officials said.    The Malaysian leader will also be the chief guest at the Pakistan Day military parade Saturday,…


Mar212019 by TechmanNo Comments

Facebook Left Millions of Passwords Readable by Employees

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Facebook left millions of user passwords readable by its employees for years, the company said Thursday, an acknowledgement it offered after a security researcher posted about the issue online. By storing passwords in readable plain text, Facebook violated fundamental computer-security practices. Those call for organizations…


Mar212019 by BusmanNo Comments

US Labor Market Solid; Manufacturing Sector Slowing

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The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to still strong labor market conditions, though the pace of job growth has slowed after last year's robust gains. Other data on Thursday showed a measure of factory activity…


Mar212019 by BusmanNo Comments

US Negotiators to Visit China Next Week for New Round of Trade Talks

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China says a high-ranking U.S. delegation will travel to Beijing next week to resume negotiations aimed at resolving the ongoing trade war between the world's two leading economies. Commerce Ministry spokesman Gao Feng announced Thursday that U.S. Trade Representative Robert Lighthizer and Treasury Secretary Steven…


Mar202019 by BusmanNo Comments

Federal Reserve Foresees No Interest Rate Hikes in 2019

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The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, dramatically underscoring its plan to be “patient” about any further increases. The Fed said it was keeping its benchmark rate — which can influence everything from mortgages to…


Mar202019 by BusmanNo Comments

Even With Trade Deal, US Tariffs on China Could Remain

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U.S. tariffs on China are likely to remain in place for a while even if a trade deal is reached, President Donald Trump told reporters on Wednesday. “The deal is coming along nicely,” the president said about the ongoing trade talks with Beijing, noting U.S.…


Mar202019 by BusmanNo Comments

BMW Warns Profits Will Fall Due to Costs, Trade Uncertainty

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German automaker BMW said Wednesday that profits in 2019 would be “well below” last year’s and that it planned to cut 12 billion euros ($13.6 billion) in costs by the end of 2022 to offset spending on new technology. The company said profits would be…


Mar202019 by BusmanNo Comments

Mexico President Talks US Investment With Trump Son-in-Law

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Mexican President Andres Manuel Lopez Obrador says talks with White House senior adviser Jared Kushner have led to advances toward an agreement that would have the U.S. government guarantee some $10 billion in development investments for Mexico and Central America. Lopez Obrador said Wednesday that…


Mar202019 by TechmanNo Comments

EU Fines Google $1.7 Billion for Abusing Online Ads Market

All, News, Technology
European Union regulators have hit Google with a 1.49 billion euro ($1.68 billion) fine for abusing its dominant role in online advertising. It's the third time the commission has slapped Google with an antitrust penalty, following multibillion-dollar fines resulting from separate probes into two other…


Mar202019 by TechmanNo Comments

Robotics Company Creates an All Purpose Robot ‘Platform’

All, News, Technology
A robotics company hopes to bring a robot into every home and business, using a proprietary robotic platform—that can be programmed and tweaked for a wide variety of users and uses. Deana Mitchell takes a look at one of the world's most customizable robots. It's…


Mar202019 by TechmanNo Comments

Trump Accuses Twitter, Facebook, Google of Siding with ‘Radical Left Democrats’

All, News, Technology
U.S. President Donald Trump has accused social media outlets, including Facebook, Google and Twitter, of being biased, and suggested that the situation needs scrutiny. In answer to a reporter at the White House Tuesday, Trump said digital platforms tend to suppress Republican and conservative views.…


Mar202019 by BusmanNo Comments

Mexico, Brazil Reach Light-vehicle Free Trade Agreement

All, Business, News
Mexico's government said on Tuesday it had reached an agreement with Brazil on the free trade of light vehicles, subject to a 40 percent regional content requirement, paving the way for more open commerce between Latin America's two biggest economies. The agreement takes effect on…


Mar202019 by TechmanNo Comments

Goodbye Console? Google Launches Game-streaming Platform

All, News, Technology
Google on Tuesday unveiled a video-game streaming platform called Stadia, positioning itself to take on the traditional video-game business. The platform will store a game-playing session in the cloud and lets players jump across devices operating on Google's Chrome browser and Chrome OS, such as…


Mar192019 by BusmanNo Comments

GM to Invest $2.7B in Sao Paulo, Brazil Factories Over 5 Years

All, Business, News
General Motors said on Tuesday it would invest $2.7 billion in two Brazilian factories over the next five years, sparing them from a shakeup of the automaker's operations, a decision hailed by the governor of Brazil's largest state. Sao Paolo state Governor Joao Doria told…


Mar192019 by TechmanNo Comments

Trump Renews Attack Alleging Social Media’s Political Bias

All, News, Technology
U.S. President Donald Trump on Tuesday accused social media platforms Facebook, YouTube and Twitter of favoring his Democratic opponents over him and his fellow Republicans. "But fear not, we will win anyway, just like we did before! #MAGA," he said in a tweet. MAGA refers…


Mar192019 by BusmanNo Comments

Saudi Arabia Invests $23 Billion to Improve Living in Riyadh

All, Business, News
Saudi Arabia said on Tuesday it would spend 86 billion riyals ($23 billion) to boost the quality of life in the capital Riyadh, increasing green space and recreational areas and installing 1,000 works of art across the city. The four projects unveiled are part of…


Mar192019 by TechmanNo Comments

In Thai Election, New ‘War Room’ Polices Social Media

All, News, Technology
In Thailand's election "war room," authorities scroll through thousands of social media posts, looking for violations of laws restricting political parties' campaigning on social media that activists say are among the most prohibitive in the world. The monitors are on the look-out for posts that…


Mar192019 by TechmanNo Comments

S. Korea Alert System Warns ‘Smartphone Zombies’ of Traffic

All, News, Technology
A city in South Korea, which has the world's highest smartphone penetration rate, has installed flickering lights and laser beams at a road crossing to warn "smartphone zombies" to look up and drivers to slow down, in the hope of preventing accidents. The designers of…


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