Chinese Leader to Dutch PM: Restricting Technology Access Won’t Stop China’s Advance

All, Business, News, Technology
BEIJING — Chinese leader Xi Jinping told visiting Dutch Prime Minister Mark Rutte on Wednesday that attempts to restrict China's access to technology will not stop the country's advance.  The Netherlands imposed export licensing requirements in 2023 on the sale of machinery that can make advanced processor chips. The move came after the United States blocked Chinese access to advanced chips and the equipment to make them, citing security concerns, and urged its allies to follow suit.  An online report from state broadcaster CCTV did not mention the chip machinery, but quoted Xi as saying that the creation of scientific and technological barriers and the fragmentation of the industrial and supply chains will lead to division and confrontation.  "The Chinese people also have the right to legitimate development, and no force…
Read More

Vietnamese Automaker VinFast to Start Selling EVs in Thailand

All, Business, News, Technology
Bangkok — Vietnamese automaker VinFast announced Tuesday that it plans to sell its electric vehicles in Thailand and said it had tied up with auto dealers to open showrooms in the country. VinFast, which only began exporting its EVs last year, faces stiff competition in Thailand from Chinese automakers like BYD. Tesla also recently entered the fray. All were displaying their latest models at the Bangkok International Motor Show. The Thai EV market is small but growing fast, buoyed by incentives and subsidies from the government. The country of more than 70 million plans to convert 30% of the 2.5 million vehicles it makes annually into EVs by 2030. VinFast hopes to start selling both its electric scooters and electric SUVs in the country in the next two months, Vu Dang…
Read More

US Aims to Tap Domestic Lithium Supply Without Chinese Products

All, Business, News, Technology
washington — Earlier this month, the U.S. Department of Energy announced a record conditional loan of $2.26 billion to tap the largest known lithium reserves in North America. The loan is an important step in an effort by the U.S. government to reduce reliance on China for the metal used to make batteries. Analysts, however, say that it may be too late to move away from reliance on China completely when it comes to metal processing and the production of batteries. The DOE’s Loan Programs Office (LPO) says the funds, if approved after review, will help the Lithium Americas Corp. construct a lithium carbonate processing plant at the Thacker Pass mine project in Humboldt County, Nevada. The LPO says the project would help “secure reliable, sustainable domestic supply chains for critical…
Read More

Critics Slam Apple CEO Tim Cook for Laudatory Remarks in China

All, Business, News, Technology
 Washington — Tim Cook, CEO of the American technology giant Apple, is facing criticism at home over laudatory remarks he made about China during a recent visit to try to boost sagging iPhone sales in the lucrative market.  Cook was in Shanghai for the opening of China's largest Apple retail store on Friday and met with Chinese political and business people. He praised China for being "so vibrant and so dynamic," in remarks widely quoted by state media and Foreign Ministry spokesperson Hua Chunying.    The new Apple store took seven years and cost over 80 million yuan (roughly $11.1 million) to build. It is said to be the second largest in the world and the largest in Asia, and it is staffed by about 150 people.  Thursday evening, at least…
Read More

Florida’s Governor Signs One of Country’s Most Restrictive Social Media Bans for Minors

All, Business, News, Technology
TALLAHASSEE, Florida — Florida will have one of the country's most restrictive social media bans for minors — if it withstands expected legal challenges — under a bill signed by Republican Florida Governor Ron DeSantis on Monday.  The bill will ban social media accounts for children under 14 and require parental permission for 15- and 16-year-olds. It was slightly watered down from a proposal DeSantis vetoed earlier this month, a week before the annual legislative session ended. The new law was Republican Speaker Paul Renner’s top legislative priority. It takes effect January 1.  “A child in their brain development doesn’t have the ability to know that they’re being sucked into these addictive technologies and to see the harm and step away from it, and because of that we have to step…
Read More

US Vice President: Banning TikTok ‘Not at All the Goal’

All, Business, News, Technology
 Austin, Texas — U.S. Vice President Kamala Harris said the Biden administration has no intention to ban TikTok, the popular short video application from Chinese company ByteDance.  Harris told ABC’s “This Week” program on Sunday that a ban was “not at all the goal or the purpose of this conversation.”    The White House urged the Senate last week to swiftly advance a bill that would force ByteDance to sell TikTok over privacy and national security concerns within six months or face a ban.   U.S. officials and lawmakers worry that the Chinese government could access American consumers’ data on the platform, which could also be used to push a pro-Beijing agenda. ByteDance denies it would provide such private data to the Chinese government, despite reports indicating it could be at risk. The…
Read More

TikTok Bill Faces Uncertain Fate in Senate

All, Business, News, Technology
WASHINGTON — The young voices in the messages left for North Carolina Senator Thom Tillis were laughing, but the words were ominous. “OK, listen, if you ban TikTok I will find you and shoot you,” one said, giggling and talking over other young voices in the background. “I’ll shoot you and find you and cut you into pieces.” Another threatened to kill Tillis, and then take their own life. Tillis’s office says it has received around 1,000 calls about TikTok since the House passed legislation this month that would ban the popular app if its China-based owner doesn’t sell its stake. TikTok has been urging its users — many of whom are young — to call their representatives, even providing an easy link to the phone numbers. “The government will take…
Read More

At UN, Nations Cooperate Toward Safe, Trustworthy AI Systems

All, Business, News, Technology
United Nations — The U.N. General Assembly adopted by consensus Thursday a first-of-its-kind resolution addressing the potential of artificial intelligence to accelerate progress toward sustainable development, while emphasizing the need for safe, secure and trustworthy AI systems. The initiative, led by the United States, seeks to manage AI’s risks while utilizing its benefits. “Today as the U.N. and AI finally intersect, we have the opportunity and the responsibility to choose as one united global community to govern this technology rather than to let it govern us,” said U.S. Ambassador Linda Thomas-Greenfield. “So let us reaffirm that AI will be created and deployed through the lens of humanity and dignity, safety and security, human rights and fundamental freedoms.” The Biden administration said it took more than three months to negotiate what it…
Read More

Reddit, the Self-Anointed ‘Front Page of the Internet,’ Jumps 55% in Wall Street Debut

All, Business, News, Technology
NEW YORK — Reddit soared in its Wall Street debut as investors pushed the valued of the company close to $9 billion seconds after it began trading on the New York Stock Exchange. Reddit, which priced its IPO at $34 a share, debuted Thursday afternoon at $47 a share. The going price has climbed even higher since, with shares for the self-anointed "front page of the internet" soaring more than 55% as of around 1:20 p.m. ET. The IPO will test the quirky company's ability to overcome a nearly 20-year history colored by uninterrupted losses, management turmoil and occasional user backlashes to build a sustainable business. "The supply is pretty limited and there's strong demand, so my sense is that this is going to be a hot IPO," Reena Aggarwal, director…
Read More

US Takes On Apple in Antitrust Lawsuit

All, Business, News, Technology
Washington — The U.S. Department of Justice on Thursday sued Apple, the first major antitrust effort against the iPhone maker by the Biden administration, alleging it monopolized smartphone markets.   Apple joins a list of major tech companies sued by U.S. regulators, including Alphabet's  Google, Meta Platforms and Amazon.com across the administrations of both former President Donald Trump and President Joe Biden. "Consumers should not have to pay higher prices because companies violate the antitrust laws," Attorney General Merrick Garland said in a statement. "If left unchallenged, Apple will only continue to strengthen its smartphone monopoly." The Justice Department alleges that Apple uses its market power to get more money from consumers, developers, content creators, artists, publishers, small businesses and merchants. The civil lawsuit accuses Apple of an illegal monopoly on…
Read More

Biden Administration Unveils Strict Auto Standards to Speed Electric Shift 

All, Business, News, Technology
New York — President Joe Biden's administration announced Wednesday revised pollution standards for cars and trucks meant to accelerate the U.S. auto industry's shift to electric to mitigate climate change. The rules set ambitious emission reductions for 2032 but are moderated somewhat compared with preliminary standards unveiled last April. Following carmaker criticism, the final rules give manufacturers greater flexibility and ease the benchmarks in the first three years. Those shifts were criticized as a sop to corporations from at least one environmental group, even as the final rule won praise from other leading NGOs focused on climate change. The final rules — which were described by administration official as "the strongest ever" and would likely be undone if Republican Donald Trump defeats Biden in November — still require a nearly 50%…
Read More

Efforts by US to Crack Down on TikTok Spark Backlash Against Israel

All, Business, News, Technology
Washington — The initial backlash came quickly. Within hours of last week’s vote in the House of Representatives approving legislation that could lead to a ban of the popular TikTok app in the United States, anger and outrage poured onto multiple social media platforms. Some of the anger targeted U.S. lawmakers who supported the bill. Some focused on China. And a number of social media accounts, some with large followings, put the blame on Israel and pro-Jewish groups in the United States. “A foreign government is influencing the 2024 election,” Briahna Joy Gray posted on X. “I'm not talking about China, but Israel,” added the former national press secretary for Senator Bernie Sanders’ 2020 presidential campaign.   Jake Shields, a former mixed martial arts fighter who has used social media in…
Read More

Biden to Tout Government Investing $8.5 Billion in Intel’s Computer Chip Plants in Four States  

All, Business, News, Technology
Washington — The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona, Ohio, New Mexico and Oregon.  President Joe Biden plans to talk up the investment on Wednesday as he visits Intel's campus in Chandler, Arizona, which could be a decisive swing state in November’s election. He has often said that not enough voters know about his economic policies and suggested that more would support him if they did know.  Commerce Secretary Gina Raimondo said the deal reached through her department would put the United States in a position to produce 20% of the world's most advanced chips by 2030, up from the current level of zero. The United States designs advanced…
Read More

Q&A: TikTok Owner Is Essentially ‘Subsidiary’ of China’s Communist Party, US Lawmaker Says  

All, Business, News, Technology
washington — The U.S. House of Representatives passed a bill March 13 that, if enacted into law, would give ByteDance, the Chinese owner of the TikTok social media app, 180 days to divest its U.S. assets or face a ban over concerns about national security, including Beijing's ability to access Americans' private information through the company ByteDance denies it would provide such private data to the Chinese government, despite reports indicating such information could be at risk. VOA sat down on the day the bill passed with Republican Representative Mario Diaz-Balart of Florida, chairman of the House Appropriations subcommittee on state, foreign operations and related programs, and co-chair of the Congressional Taiwan Caucus, to hear why he supported the bill and why he's calling for faster military support for Taiwan, the self-ruled…
Read More

US Supreme Court Examines Government Efforts to Curb Online Misinformation

All, Business, News, Technology
Washington — The US Supreme Court was hearing arguments on Monday in a social media case involving free speech rights and government efforts to curb misinformation online. The case stems from a lawsuit brought by the Republican attorneys general of Louisiana and Missouri, who allege that government officials went too far in their efforts to get platforms to combat vaccine and election misinformation. A lower court last year restricted some top officials and agencies of President Joe Biden's administration from meeting and communicating with social media companies to moderate their content. The ruling was a win for conservative advocates who allege that the government pressured or colluded with platforms such as Facebook and Twitter to censor right-leaning content under the guise of fighting misinformation. The order applied to a slew of…
Read More

Back to the Moon – Part 1

All, Business, News, Technology
After the Apollo program ended, the US took a long hiatus from lunar exploration. What happened during this time, and what has NASA been doing? This documentary by the Voice of America's Russian service explores the multiple attempts to return to the Moon, the space developments that laid the foundation for future concepts, and the birth of the Artemis lunar program. ...
Read More

US Sanctions Network Smuggling American Tech to Iran’s Central Bank

All, Business, News, Technology
Washington — The U.S. Treasury Department unveiled sanctions against a network of companies and individuals for facilitating illegal technology transfers from dozens of U.S. firms to Iranian entities, including the country's central bank.  The sanctions relate to Informatics Services Corporation (ISC), the technology arm of the Central Bank of Iran (CBI), the Treasury Department said in a statement Friday.   It also sanctioned a number of alleged ISC subsidiaries and front companies based in Turkey and the United Arab Emirates, and three individuals allegedly linked to them including Pouria Mirdamadi, a French-Iranian dual national.  Brian Nelson, the U.S. Treasury undersecretary for terrorism and financial intelligence, said the CBI "has played a critical role" in providing financial support to Lebanon's Hezbollah and the foreign arm of Iran's Islamic Revolutionary Guard Corps, known as…
Read More

World’s Largest Drone Maker Expands in US Amid Rights Abuse Allegations  

All, Business, News, Technology
washington — Chinese drone maker DJI is expanding in the U.S. with its first flagship store in New York City amid allegations of links to human rights abuses and ties to China’s military. DJI’s “first concept” North American store on New York’s Fifth Avenue welcomes customers into a futuristic, minimalist space to shop. The company describes itself on its website as “the world's leader in civil drones and creative camera technology.” "We continue to see growing consumer demand throughout North America as we expand our consumer product portfolio," said Christina Zhang, senior director of corporate strategy at DJI. Headquartered in Shenzhen, China, the company was founded in 2006. DJI, also known as Da Jiang Innovations, has become the world’s largest drone maker, having achieved global dominance in less than 20 years.…
Read More

Spacex Hoping to Launch Starship Farther in 3rd Test Flight

All, Business, News, Technology
BOCA CHICA, Texas — SpaceX's Starship, a futuristic vehicle designed to eventually carry astronauts to the moon and beyond, was poised for a third uncrewed test launch Thursday that Elon Musk's company hopes will carry it farther than before, even if it ends up exploding once again in flight. The spacecraft, mounted atop its towering Super Heavy rocket booster, was due for liftoff as early as 8 a.m. EDT from SpaceX's Starbase launch site on the Gulf of Mexico near Boca Chica, Texas. The U.S. Federal Aviation Administration just granted a license for the test flight on Wednesday afternoon. Unlike the first two test flights last year, aimed mainly at demonstrating that the spacecraft's two stages can separate after launch, the third test flight will involve an attempt to open Starship's…
Read More