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Category: Business

Economy and business news. Business is the practice of making one’s living or making money by producing or buying and selling products (such as goods and services). It’s also “any activity or enterprise entered into for profit.” A business entity is not necessarily separate from the owner and the creditors can hold the owner liable for debts the business has acquired. The taxation system for businesses is different from that of the corporates. A business structure does not allow for corporate tax rates. The proprietor is personally taxed on all income from the business

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Jun152023 by TechmanNo Comments

Chinese EV Makers Make Progress in Bid to Dominate British Market

All, Business, News, Technology
Chinese manufacturers of electric vehicles are stepping up their push to dominate the European market. As Amy Guttman reports from London, they are making progress in Britain, where car shoppers are eager to buy the lower-cost electric cars that Chinese automakers are offering. ...


Jun152023 by TechmanNo Comments

Bill Gates Visits China for Health, Development Talks

All, Business, News, Technology
Microsoft Founder Bill Gates was in China on Thursday for what he said were meetings with global health and development partners who have worked with his charitable foundation. "Solving problems like climate change, health inequity and food insecurity requires innovation," Gates tweeted. "From developing malaria…


Jun152023 by TechmanNo Comments

Cambodian Facial Recognition Effort Raises Fears of Misuse

All, Business, News, Technology
Experts are raising concerns that a recent Cambodian government order allocating around $1 million to a local company for a facial recognition technology project could pave the way for the technology to be used against citizens and human rights defenders. The order, signed by Prime…


Jun142023 by TechmanNo Comments

As Deepfake Fraud Permeates China, Authorities Target Political Challenges Posed By AI

All, Business, News, Technology
Chinese authorities are cracking down on political and fraud cases driven by deepfakes, created with face- and voice-changing software that tricks targets into believing they are video chatting with a loved one or another trusted person. How good are the deepfakes? Good enough to trick…


Jun142023 by TechmanNo Comments

Bill Gates in China to Meet President Xi on Friday – Sources 

All, Business, News, Technology
Bill Gates, Microsoft Corp's co-founder, is set to meet Chinese President Xi Jinping on Friday during his visit to China, two people with knowledge of the matter said. The meeting will mark Xi's first meeting with a foreign private entrepreneur in recent years. The people…


Jun142023 by TechmanNo Comments

EU Lawmakers Vote for Tougher AI Rules as Draft Moves to Final Stage

All, Business, News, Technology
EU lawmakers on Wednesday voted for tougher landmark draft artificial intelligence rules that include a ban on the use of the technology in biometric surveillance and for generative AI systems like ChatGPT to disclose AI-generated content. The lawmakers agreed to the amendments to the draft…


Jun142023 by TechmanNo Comments

EU Regulators Order Google To Break up Digital Ad Business Over Competition Concerns

All, Business, News, Technology
European Union antitrust regulators took aim at Google's lucrative digital advertising business in an unprecedented decision ordering the tech giant to sell off some of its ad business to address competition concerns. The European Commission, the bloc's executive branch and top antitrust enforcer, said that…


Jun132023 by TechmanNo Comments

Big Amazon Cloud Services Recovering After Outage Hits Thousands of Users

All, Business, News, Technology
Amazon.com said cloud services offered by its unit Amazon Web Services were recovering after a big disruption on Tuesday affected websites of the New York Metropolitan Transportation Authority and The Boston Globe, among others. Several hours after Downdetector.com started showing reports of outages, Amazon said…


Jun132023 by TechmanNo Comments

McCartney: ‘Final Beatles Record’ Out This Year Aided by AI

All, Business, News, Technology
A "final Beatles record", created with the help of artificial intelligence, will be released later this year, Paul McCartney told the BBC in an interview broadcast on Tuesday. "It was a demo that John (Lennon) had, and that we worked on, and we just finished…


Jun132023 by TechmanNo Comments

India Denies Dorsey’s Claims It Threatened to Shut Down Twitter

All, Business, News, Technology
India threatened to shut Twitter down unless it complied with orders to restrict accounts critical of the government's handling of farmer protests, co-founder Jack Dorsey said, an accusation Prime Minister Narendra Modi's government called an "outright lie." Dorsey, who quit as Twitter CEO in 2021,…


Jun122023 by TechmanNo Comments

UN Chief Considering Watchdog Agency for AI   

All, Business, News, Technology
U.N. Secretary-General Antonio Guterres said Monday that he will appoint a scientific advisory body in the coming days that will include outside experts on artificial intelligence, and said he is open to the idea of creating a new U.N. agency that would focus on AI.…


Jun122023 by TechmanNo Comments

Startup Firm Leads Kenya into World of High-Tech Manufacturing

All, Business, News, Technology
A three-year-old startup company is leading Kenya into the world of high-tech manufacturing, building a sophisticated workforce capable of making the semiconductors and nanotechnology products that operate modern devices from mobile phones to refrigerators. VOA's Africa correspondent Mariama Diallo visited the plant and has this…


Jun112023 by TechmanNo Comments

AI Chatbots Offer Comfort to the Bereaved

All, Business, News, Technology
Staying in touch with a loved one after their death is the promise of several start-ups using the powers of artificial intelligence, though not without raising ethical questions. Ryu Sun-yun sits in front of a microphone and a giant screen, where her husband, who died…


Jun82023 by TechmanNo Comments

Apple, Defying the Times, Stays Quiet on AI

All, Business, News, Technology
Resisting the hype, Apple defied most predictions this week and made no mention of artificial intelligence when it unveiled its latest slate of new products, including its Vision Pro mixed reality headset. Generative AI has become the tech world's biggest buzzword since Microsoft-backed OpenAI released…


Jun62023 by TechmanNo Comments

Financial Institutions in US, East Asia Spoofed by Suspected North Korean Hackers

All, Business, News, Technology
There are renewed concerns North Korea’s army of hackers is targeting financial institutions to prop up the regime in Pyongyang and possibly fund its weapons programs. A report published Tuesday by the cybersecurity firm Recorded Future finds North Korean aligned actors have been spoofing well-known…


Jun62023 by TechmanNo Comments

Japan, Australia, US to Fund Undersea Cable Connection in Micronesia to Counter China’s Influence

All, Business, News, Technology
Japan announced Tuesday that it joined the United States and Australia in signing a $95 million undersea cable project that will connect East Micronesia island nations to improve networks in the Indo-Pacific region where China is increasingly expanding its influence. The approximately 2,250-kilometer (1,400-mile) undersea…


Jun62023 by TechmanNo Comments

Could Artificial Intelligence Help Stop Trade in Goods Made From Child, Forced Labor?

All, Business, News, Technology
The U.S. Department of Homeland Security is looking at how artificial intelligence can be used to help identify goods made with child or forced labor and prevent those goods from entering the country. VOA’s Julie Taboh has more. VOA footage by Adam Greenbaum. ...


Jun62023 by TechmanNo Comments

Musk Says China Detailed Plans to Regulate AI

All, Business, News, Technology
Top Chinese officials told Elon Musk about plans to launch new regulations on artificial intelligence on his recent trip to the Asian giant, the tech billionaire said Monday, in his first comments on the two-day visit. The Twitter owner and Tesla CEO — one of…


Jun52023 by TechmanNo Comments

Is It Real or Made by AI? Europe Wants a Label as It Fights Disinformation 

All, Business, News, Technology
The European Union is pushing online platforms like Google and Meta to step up the fight against false information by adding labels to text, photos and other content generated by artificial intelligence, a top official said Monday. EU Commission Vice President Vera Jourova said the…


Jun52023 by TechmanNo Comments

App Offering Government Services to Ukrainians Expands Reach

All, Business, News, Technology
In collaboration with the Ukrainian government, the U.S. Agency for International Development, or USAID, has created an app that connects Ukrainians with their government so they can access public services — and use of the app's code has expanded to different countries. Iryna Matviichuk has…


Jun12023 by TechmanNo Comments

Amazon to Pay $31 Million in Privacy Violation Penalties for Alexa Voice Assistant, Ring Camera

All, Business, News, Technology
Amazon agreed Wednesday to pay a $25 million civil penalty to settle Federal Trade Commission allegations it violated a child privacy law and deceived parents by keeping for years kids' voice and location data recorded by its popular Alexa voice assistant. Separately, the company agreed…


Jun12023 by TechmanNo Comments

China Eyes Spain in Drive to Conquer European EV Market

All, Business, News, Technology
The International Energy Agency says Chinese car manufacturers are emerging as a major force in the global electric car market, with more than 50% of all electric cars on roads worldwide now produced in China. Spain is the second-largest vehicle manufacturer in Europe after Germany…


Jun12023 by TechmanNo Comments

SpaceX’s Starlink Wins Pentagon Contract for Satellite Services for Ukraine

All, Business, News, Technology
SpaceX's Starlink, the satellite communications service started by billionaire Elon Musk, now has a Defense Department contract to buy those satellite services for Ukraine, the Pentagon said Thursday.   "We continue to work with a range of global partners to ensure Ukraine has the resilient…


Jun12023 by TechmanNo Comments

China’s Micron Chips Ban Is Litmus Test for South Korea

All, Business, News, Technology
The semiconductor trade war between Washington and Beijing may ensnare Seoul as South Korea must decide between backing its closest ally or embracing a lucrative export opportunity presented by China, its top trading partner.  The decision will reveal how closely South Korea is aligned with…


May312023 by TechmanNo Comments

Key US Official Calls for Tech Companies to ‘Do Something’ About AI

All, Business, News, Technology
The director of the leading U.S. cybersecurity agency has a message for scientists and top technology company officials who are warning that artificial intelligence could lead to the end of humankind: Take action. “If you actually think that these capabilities can lead to extinction of…


May302023 by TechmanNo Comments

Theranos Founder Elizabeth Holmes Starts 11-year Sentence for Blood-Testing Hoax

All, Business, News, Technology
Disgraced Theranos CEO Elizabeth Holmes is in custody at a Texas prison where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about greed and hubris in Silicon Valley, according to the Federal Bureau of Prisons. Holmes, 39,…


May272023 by TechmanNo Comments

US Commerce Secretary: US ‘Won’t Tolerate’ China’s Ban on Micron Chips

All, Business, News, Technology
The United States "won't tolerate" China's effective ban on purchases of Micron Technology MU.O memory chips and is working closely with allies to address such "economic coercion," U.S. Commerce Secretary Gina Raimondo said Saturday. Raimondo told a news conference after a meeting of trade ministers…


May272023 by TechmanNo Comments

China, South Korea Agree to Strengthen Talks on Chip Industry

All, Business, News, Technology
China and South Korea have agreed to strengthen dialog and cooperation on semiconductor industry supply chains, amid broader global concerns over chip supplies, sanctions and national security, China's commerce minister said. Wang Wentao met with South Korean Trade Minister Ahn Duk-geun on the sidelines of…


Posts pagination

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top

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    Study: Britain Must Vaccinate 2 Million a Week to Prevent Third COVID-19 Wave
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    China Launches Data Security Initiative
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    Russia Demands Compensation for US Tariffs on Aluminum, Steel
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    Macao to Extend City Lockdown, Casino Closure
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    Winners, Losers of Trump's Solar Panel Tariff
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    China Gears Up to Retaliate Against US Tariffs
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    Cuban Flagship Airline's Woes Deepen After Crash
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    WSJ: Google Hid Protracted Data Leak to Avoid Consequences
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    Foreign-Born Workers Powering Silicon Valley's Startup Success
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