Category: Business

A hacker who reportedly posed as the chief executive of a financial institution claims to have obtained access to the more than 80,000-member database of InfraGard, an FBI-run outreach program that shares sensitive information on national security and cybersecurity threats with public officials and private sector individuals who run U.S. critical infrastructure. The hacker posted samples purportedly from the database to an online forum popular with cybercriminals last weekend and said the asking price for the entire database was $50,000.  The hacker made the disclosures to independent cybersecurity journalist Brian Krebs, who broke the story. The hacker called the vetting process surprisingly lax.  The FBI did not immediately respond to a request for comment from The Associated Press. Krebs reported that the agency told him it was aware of a…

Two Ethiopians have filed a lawsuit against Facebook's parent company, Meta, over hate speech they say was allowed and even promoted on the social media platform amid heated rhetoric over their country's deadly Tigray conflict. Former Amnesty International human rights researcher Fisseha Tekle is one petitioner in the case filed Wednesday and the other is the son of university professor Meareg Amare, who was killed weeks after posts on Facebook inciting violence against him. The case was filed in neighboring Kenya, home to the platform's content moderation operations related to Ethiopia. The lawsuit alleges that Meta hasn't hired enough content moderators there, that it uses an algorithm that prioritizes hateful content and that it acts more slowly to crises in Africa than elsewhere in the world. The lawsuit, also backed…

Law enforcement officials and financial services regulators have filed a raft of criminal and civil charges against Sam Bankman-Fried, the founder of the bankrupt cryptocurrency exchange company FTX, alleging wide-ranging fraud that eventually brought down the company, which was valued at $32 billion earlier this year. The Department of Justice on Tuesday morning unsealed an indictment charging Bankman-Fried with eight criminal counts, including conspiracy to commit wire fraud, actual wire fraud, money laundering, and violation of laws governing donations to politicians and political parties. At the request of U.S. prosecutors, Bankman-Fried, 30, was arrested on Monday evening at his home in the Bahamas, where the headquarters of FTX is located. The U.S. and the Bahamas have an extradition treaty, and Bankman-Fried is expected to be transferred to U.S. custody in…

NASA's Orion capsule made a blisteringly fast return from the moon Sunday, parachuting into the Pacific off Mexico to conclude a test flight that should clear the way for astronauts on the next lunar flyby. The incoming capsule hit the atmosphere at Mach 32, or 32 times the speed of sound, and endured reentry temperatures of 5,000 degrees Fahrenheit (2,760 degrees Celsius) before splashing down west of Baja California near Guadalupe Island. A Navy ship quickly moved in to recover the spacecraft and its silent occupants — three test dummies rigged with vibration sensors and radiation monitors. NASA needed a successful splashdown to stay on track for the next Orion flight around the moon, currently targeted for 2024. Four astronauts will make the trip. That will be followed by a…

The Wall Street Journal reports U.S. smartphone giant Apple Inc. is accelerating plans to move some China-based production lines to other southeastern Asian countries such as India and Vietnam. That, analysts said, would represent a significant shift in the so-called de-Sinification of global supply chains after manufacturers become aware of risks of concentrating production in China. China’s zero-COVID policy, which paralyzed some of its supply chains, and its deteriorating business environment would be the major trigger behind the shift, they added. India: the world’s next factory? “China’s anti-virus measures have forced many multinationals, including Apple, to hedge against the risk of disrupted supply chains. Though China is set to ease COVID restrictions, uncertainty remains because these multinationals have had experienced much sudden change of policy there – reasons behind Apple’s…

Taiwanese chip giant TSMC is building a second U.S. facility in the southwest state of Arizona, highlighting the Biden Administration’s push to bring more of the semiconductor supply chain to the United States. But are there enough trained workers there to meet the demand? Michelle Quinn has our story from Arizona, where they are ramping up training for workers and students at all levels. Videographer: Levi Stallings  ...

After more than half a century, the last Boeing 747 rolled out of a Washington state factory on Tuesday. The 747 jumbo jet has taken on numerous roles — a cargo plane, a commercial aircraft capable of carrying nearly 500 passengers, and the Air Force One presidential aircraft — since it debuted in 1969. It was the largest commercial aircraft in the world and the first with two aisles, and it still towers over most other planes. The plane's design included a second deck extending from the cockpit back over the first third of the plane, giving it a distinctive hump that made the plane instantly recognizable and inspired a nickname, the Whale. More elegantly, the 747 became known as the Queen of the Skies. It took more than 50,000…

U.S. President Joe Biden was in Arizona Tuesday promoting investments in U.S. semiconductor manufacturing. He was joined by officials from the Taiwanese semiconductor giant TSMC, which says it is tripling its Arizona investment. VOA correspondent Michelle Quinn has our story. ...

President Joe Biden's visit Tuesday to a massive construction project in north Phoenix highlighted Arizona's role in a major U.S. policy shift on semiconductor manufacturing. The Biden administration is pushing to boost domestic chips manufacturing with more than $50 billion in subsidies in the new CHIPs and Science Act. The president's visit to the new fabrication facility being built by Taiwanese chips giant TSMC came as the firm announced it would build a second fabrication facility and triple its investment in Phoenix to $40 billion. Biden says it is good news for TSMC's biggest customer, Apple. "These are the most advanced semiconductor chips on the planet. Chips will power iPhones and MacBooks," Biden said. "Apple had to buy all the advanced chips from overseas. Now, they are going to bring…

U.S. President Joe Biden is traveling to Arizona on Tuesday to visit a computer chip facility, underscoring the Grand Canyon state's position in the emerging U.S. semiconductor ecosystem. Biden will visit a Taiwan Semiconductor Manufacturing Co. (TSMC) plant in north Phoenix. He will tour the plant and deliver remarks celebrating his economic plan and the "manufacturing boom" it has caused, White House press secretary Karine Jean-Pierre said during Monday's briefing. TSMC is the world's largest contract manufacturer of semiconductor chips. In August, Biden signed the CHIPS and Science Act, legislation aimed at countering China's massive subsidies to its chip industry. It includes about $52 billion in funding for U.S. companies for the manufacturing of chips, which go into technology like smartphones, electric vehicles, appliances and weapons systems.   Arizona is…

Three Chinese astronauts landed in a northern desert on Sunday after six months working to complete construction of the Tiangong station, a symbol of the country’s ambitious space program, state TV reported. A capsule carrying commander Chen Dong and astronauts Liu Yang and Cai Xuzhe touched down at a landing site in the Gobi Desert in northern China at approximately 8:10 p.m. (1210 GMT), China Central Television reported. Prior to departure, they overlapped for almost five days with three colleagues who arrived Wednesday on the Shenzhou-15 mission for their own six-month stay, marking the first time China had six astronauts in space at the same time. The station’s third and final module docked with the station this month. The astronauts were carried out of the capsule by medical workers about…

With Ukraine scrambling to keep communication lines open during the war, an army of engineers from the country's phone companies has mobilized to help the public and policymakers stay in touch during repeated Russian missile and drone strikes. The engineers, who typically go unseen and unsung in peacetime, often work around the clock to maintain or restore phone service, sometimes braving minefields to do so. After Russian strikes took out the electricity that cellphone towers usually run on, they revved up generators to keep the towers on. "I know our guys – my colleagues – are very exhausted, but they're motivated by the fact that we are doing an important thing," Yuriy Dugnist, an engineer with Ukrainian telecommunications company Kyivstar, said after crunching through 15 centimeters of fresh snow to…

Tech billionaire Elon Musk said his Neuralink company is seeking permission to test its brain implant in people soon. In a "show and tell" presentation livestreamed Wednesday night, Musk said his team is in the process of asking U.S. regulators to allow them to test the device. He said he thinks the company should be able to put the implant in a human brain as part of a clinical trial in about six months, though that timeline is far from certain. Musk's Neuralink is one of many groups working on linking brains to computers, efforts aimed at helping treat brain disorders, overcoming brain injuries and other applications. The field dates to the 1960s, said Rajesh Rao, co-director of the Center for Neurotechnology at the University of Washington. "But it really…

The United States is pushing to regain its position as a center for semiconductor manufacturing and research as part of a Biden administration plan to make the nation less reliant on supply chains in Asia. VOA’s Michelle Quinn reports from the Southwest state of Arizona on competition for billions of dollars in federal funding to bolster domestic chip manufacturing. Additional videographer: Levi Stallings ...

The International Energy Agency says 13% of cars sold worldwide this year will be electric. Mike O’Sullivan reports from Los Angeles that consumer demand for electric vehicles is increasing as the industry overcomes technical hurdles. ...

The Biden administration has banned approvals of new telecommunications equipment from China's Huawei Technologies HWT.UL and ZTE 000063.SZ because they pose "an unacceptable risk" to U.S. national security. The U.S. Federal Communications Commission (FCC) said Friday it had adopted the final rules, which also bar the sale or import of equipment made by China's surveillance equipment maker Dahua Technology Co 002236.SZ, video surveillance firm Hangzhou Hikvision Digital Technology Co Ltd 002415.SZ and telecoms firm Hytera Communications Corp Ltd 002583.SZ. The move represents Washington's latest crackdown on the Chinese tech giants amid fears that Beijing could use Chinese tech companies to spy on Americans. "These new rules are an important part of our ongoing actions to protect the American people from national security threats involving telecommunications," FCC Chairperson Jessica Rosenworcel said…

Elon Musk said Friday that Twitter plans to relaunch its premium service that will offer different colored check marks to accounts next week, in a fresh move to revamp the service after a previous attempt backfired. It's the latest change to the social media platform that the billionaire Tesla CEO bought last month for $44 billion, coming a day after Musk said he would grant "amnesty" for suspended accounts and causing yet more uncertainty for users. Twitter previously suspended the premium service, which under Musk granted blue-check labels to anyone paying $8 a month, because of a wave of imposter accounts. Originally, the blue check was given to government entities, corporations, celebrities and journalists verified by the platform to prevent impersonation. In the latest version, companies will get a gold…

Twitter took longer to review hateful content and removed less of it in 2022 compared with the previous year, according to European Union data released Thursday. The EU figures were published as part of an annual evaluation of online platforms' compliance with the 27-nation bloc's code of conduct on disinformation. Twitter wasn't alone; most other tech companies signed up to the voluntary code also scored worse. But the figures could foreshadow trouble for Twitter in complying with the EU's tough new online rules after owner Elon Musk fired many of the platform's 7,500 full-time workers and an untold number of contractors responsible for content moderation and other crucial tasks. The EU report, carried out over six weeks in the spring, found Twitter assessed just over half of the notifications it…

Elon Musk reinstated Donald Trump's account on Twitter on Saturday, reversing a ban that has kept the former president off the social media site since a pro-Trump mob attacked the U.S. Capitol on Jan. 6, 2021, as Congress was poised to certify Joe Biden's election victory. Musk made the announcement in the evening after holding a poll that asked Twitter users to click "yes" or "no" on whether Trump's account should be restored. The "yes" vote won, with 51.8%. "The people have spoken. Trump will be reinstated. Vox Populi, Vox Dei," Musk tweeted, using a Latin phrase meaning "the voice of the people, the voice of God." Shortly afterward, Trump's account, which had earlier appeared as suspended, reappeared on the platform complete with his former tweets, more than 59,000 of…

Authorities in Botswana are reporting increased thefts of lithium batteries from mobile phone towers amid a surge in global demand for the battery in electric vehicles. The southern African nation's biggest mobile network operator says it has lost more than $100,000 worth of lithium batteries in the past week alone. Botswana police spokesperson Diteko Motube said most of the stolen batteries are being smuggled across the border to Zimbabwe. Motube said five suspects from Zimbabwe and a Botswanan national were arrested this week while in possession of batteries worth more than $100,000. The batteries were stolen from Botswana’s leading mobile network service provider, Mascom. Company spokesperson Tebogo Lebotse-Sebego said the thefts are derailing their service delivery. "This issue is certainly a crisis and it is affecting our quality of services…

NASA once again makes moonshot history. Plus, the space agency’s astronauts take a stroll, and a piece of tragic space history found by accident. VOA’s Arash Arabasadi brings us The Week in Space.   ...

Taiwan's envoy to a gathering of Asia-Pacific leaders is the 91-year-old billionaire founder of a computer chip manufacturing giant that operated behind the scenes for decades before being thrust into the center of U.S.-Chinese tension over technology and security. Morris Chang's hybrid role highlights the clash between Taiwan's status as one of China's top tech suppliers and Beijing's threats to attack the self-ruled island democracy of 22 million people, which the mainland's ruling Communist Party says it part of its territory. Taiwan's decision to send Chang instead of a political leader to the Asia-Pacific Economic Cooperation summit in Thailand reflects the island's unusual status. The United States and other governments have agreed to Chinese demands not to have official relations with Taiwan or have their leaders meet its president. Chang…

With Twitter’s human rights team eliminated, legal experts voice alarm about what it could mean for users around the world. Tina Trinh reports. Camera: Daniel Brody. ...

NASA is kicking off its new moon program with a test flight of a brand-new rocket and capsule. Liftoff was slated for early Wednesday from Kennedy Space Center in Florida. The test flight aims to send an empty crew capsule into a far-flung lunar orbit, 50 years after NASA's famed Apollo moonshots. The project is years late and billions over budget. The price tag for the test flight: more than $4 billion. A rundown of the new rocket and capsule, part of NASA's Artemis program, named after Apollo's mythological twin sister: Rocket power At 322 feet (98 meters), the new rocket is shorter and slimmer than the Saturn V rockets that hurled 24 Apollo astronauts to the moon a half-century ago. But it's mightier, packing 8.8 million pounds (4 million…

FBI Director Christopher Wray said on Tuesday that the bureau has "national security concerns" about popular short-form video hosting app TikTok as the Chinese-owned company seeks U.S. government approval to continue operating in the country. Speaking during a U.S. House of Representatives Homeland Security Committee hearing on "worldwide threats to the homeland," Wray said the FBI's concerns about TikTok include "the possibility that the Chinese government could use it to control data collection on millions of users." There is also concern, Wray said in response to a question, that the Chinese government could "control the recommendation algorithm, which could be used for influence operations ... or to control software on millions of devices, which gives the opportunity to potentially technically compromise personal devices." In written testimony, Wray called the foreign…

Search giant Google has agreed to a $391.5 million settlement with 40 states to resolve an investigation into how the company tracked users' locations, state attorneys general announced Monday.  The states' investigation was sparked by a 2018 Associated Press story, which found that Google continued to track people's location data even after they opted out of such tracking by disabling a feature the company called "location history."  The attorneys general called the settlement a historic win for consumers, and the largest multistate settlement in U.S history dealing with privacy.  It comes at a time of mounting unease over privacy and surveillance by tech companies that has drawn growing outrage from politicians and scrutiny by regulators. The Supreme Court's ruling in June ending the constitutional protections for abortion raised potential privacy…

It’s not easy being Elon Musk. That was the message the new Twitter owner and billionaire head of Tesla and SpaceX had for younger people who might seek to emulate his entrepreneurial success. “Be careful what you wish for,” Musk told a business forum in Bali on Monday when asked what an up-and-coming “Elon Musk of the East” should focus on. “I’m not sure how many people would actually like to be me. They would like to be what they imagine being me, which is not the same,” he continued. “I mean, the amount that I torture myself, is the next level, frankly.” Musk was speaking at the B-20 business forum ahead of a summit of the Group of 20 leading economies taking place on the Indonesian resort island. He…

Twitter's new owner Elon Musk is further gutting the teams that battle misinformation on the social media platform as outsourced moderators learned over the weekend they were out of a job. Twitter and other big social media firms have relied heavily on contractors to track hate and enforce rules against harmful content. But many of those content watchdogs have now headed out the door, first when Twitter fired much of its full-time workforce by email on Nov. 4 and now as it moves to eliminate an untold number of contract jobs. Melissa Ingle, who worked at Twitter as a contractor for more than a year, was one of a number of contractors who said they were terminated Saturday. She said she's concerned that there's going to be an increase in…