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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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Apr182023 by TechmanNo Comments

Apple Inc Bets Big on India as It Opens First Flagship Store

All, Business, News, Technology
Apple Inc. opened its first flagship store in India in a much-anticipated launch Tuesday that highlights the company's growing aspirations to expand in the country it also hopes to turn into a potential manufacturing hub. The company's CEO Tim Cook posed for photos with a…


Apr182023 by TechmanNo Comments

Elon Musk Says He Will Launch Rival to Microsoft-backed ChatGPT

All, Business, News, Technology
Billionaire Elon Musk said on Monday he will launch an artificial intelligence (AI) platform that he calls "TruthGPT" to challenge the offerings from Microsoft and Google. He criticized Microsoft-backed OpenAI, the firm behind chatbot sensation ChatGPT, of "training the AI to lie" and said OpenAI…


Apr172023 by TechmanNo Comments

SpaceX Postpones Debut Flight of Starship Rocket System

All, Business, News, Technology
Elon Musk's SpaceX on Monday called off a highly anticipated launch of its powerful new Starship rocket, delaying the first uncrewed test flight of the vehicle into space. The two-stage rocketship, standing taller than the Statue of Liberty at 394 feet (120 m) high, originally…


Apr172023 by TechmanNo Comments

Japan’s Sega to Buy Finnish Angry Birds Maker Rovio

All, Business, News, Technology
Japanese video games group Sega has offered to buy Angry Birds maker Rovio, valuing the Finnish company at over $770 million, the companies said Monday.    "Combining the strengths of Rovio and Sega presents an incredibly exciting future," Alexandre Pelletier-Normand, CEO of Rovio, said in a…


Apr172023 by TechmanNo Comments

‘Big Sponge’: New CO2 Tech Taps Oceans to Tackle Global Warming

All, Business, News, Technology
Floating in the port of Los Angeles, a strange-looking barge covered with pipes and tanks contains a concept that scientists hope to make waves: a new way to use the ocean as a vast carbon dioxide sponge to tackle global warming. Scientists from University of…


Apr162023 by TechmanNo Comments

Europe’s Most Powerful Nuclear Reactor Kicks Off in Finland 

All, Business, News, Technology
Information in this article is confirmed with other sources and may be used without attribution to The Associated Press in broadcasts — websites still must use the attribution. The News Center has no plans currently to match it.   (With AP Photo)    Europe's Most Powerful…


Apr132023 by TechmanNo Comments

New US Proposal on Vehicle Emissions Seeks to Boost EV Sales

All, Business, News, Technology
The U.S. Environmental Protection Agency this week released proposals for the most aggressive vehicle emission standards in the country’s history, with the expectation that electric cars will account for two of every three cars being produced in the U.S. by 2032. Keith Kocinski reports. ...


Apr132023 by TechmanNo Comments

First Image of Black Hole Gets Makeover With AI 

All, Business, News, Technology
The first image of a black hole captured four years ago revealed a fuzzy, fiery doughnut-shaped object. Now, researchers have used artificial intelligence to give that cosmic beauty shot a touch-up. The updated picture, published Thursday in the Astrophysical Journal Letters, keeps the original shape,…


Apr122023 by TechmanNo Comments

ChatGPT Could Return to Italy if OpenAI Complies With Rules

All, Business, News, Technology
ChatGPT could return to Italy soon if its maker, OpenAI, complies with measures to satisfy regulators who had imposed a temporary ban on the artificial intelligence software over privacy worries. The Italian data protection authority on Wednesday outlined a raft of requirements that OpenAI will…


Apr122023 by TechmanNo Comments

New US Electric Vehicle Rule Would Speed Supply Chain Changes

All, Business, News, Technology
A Biden administration proposal would force U.S. automakers to sharply increase their production of electric cars and trucks over the next decade, lending greater urgency to the effort to build raw material supply chains that reduce the industry’s dependence on China. The Environmental Protection Agency…


Apr122023 by TechmanNo Comments

In US, National Public Radio Abandons Twitter

All, Business, News, Technology
Broadcaster National Public Radio said Wednesday it would no longer post its news content on 52 official Twitter accounts in protest of the social media site labeling the independent U.S. news agency as "government-funded media."  NPR is the first major news organization to go silent…


Apr122023 by TechmanNo Comments

Musk Says Owning Twitter ‘Painful’ But Needed To Be Done

All, Business, News, Technology
Billionaire Elon Musk has told the BBC that running Twitter has been "quite painful" but that the social media company is now roughly breaking even after he acquired it late last year. In an interview also streamed live late Tuesday on Twitter Spaces, Musk discussed…


Apr112023 by TechmanNo Comments

China Unveils Proposed New Law Overseeing Artificial Intelligence Products

All, Business, News, Technology
China’s internet regulator has unveiled a proposed law that will require makers of new artificial intelligence, or AI, products to submit to security assessments before public release. The draft law released Tuesday by the Cyberspace Administration of China says that content generated by future AI…


Apr112023 by TechmanNo Comments

Australia Aims to Make Industry More Resilient Against Cyberattacks

All, Business, News, Technology
The Australian government is asking major banks and other institutions to take part in 'wargaming' exercises to test how they would respond to cyber-attacks. It follows recent mass data theft attacks on several large companies, which compromised the data of millions of Australians.      Australia…


Apr112023 by TechmanNo Comments

News Presenter Generated with AI Appears in Kuwait

All, Business, News, Technology
A Kuwaiti media outlet has unveiled a virtual news presenter generated using artificial intelligence, with plans for it to read online bulletins.    "Fedha" appeared on the Twitter account of the Kuwait News website Saturday as an image of a woman, her light-colored hair uncovered, wearing…


Apr92023 by TechmanNo Comments

Reports: Tesla Plans Shanghai Factory for Power Storage

All, Business, News, Technology
Electric car maker Tesla Inc. plans to build a factory in Shanghai to produce power-storage devices for sale worldwide, state media reported Sunday. Plans call for annual production of 10,000 Megapack units, according to the Xinhua News Agency and state television. They said the company…


Apr92023 by TechmanNo Comments

Mayor in Australia Ready to Sue over Alleged AI Chatbot Defamation

All, Business, News, Technology
A mayor in Australia’s Victoria state said Friday he may sue the artificial intelligence writing tool ChatGPT after it falsely claimed he’d served time in prison for bribery.  Hepburn Shire Council Mayor Brian Hood was incorrectly identified as the guilty party in a corruption case…


Apr72023 by TechmanNo Comments

Samsung Cutting Memory Chip Production as Profit Slides

All, Business, News, Technology
Samsung Electronics said Friday it is cutting the production of its computer memory chips in an apparent effort to reduce inventory as it forecasted another quarter of sluggish profit.  The South Korean technology giant, in a regulatory filing, said it has been reducing the production…


Apr62023 by TechmanNo Comments

Artemis Crew Looking Forward to Restarting NASA’s Moon Program

All, Business, News, Technology
The last time humans were on the moon was in 1972. Now NASA is preparing to set foot back on the moon in 2025, if all goes as scheduled. VOA’s Alexander Kruglyakov spoke with the crew that will take part in the first of those…


Apr62023 by TechmanNo Comments

FBI Targets Users in Crackdown on Darknet Marketplaces

All, Business, News, Technology
Darknet users, beware: If you frequent criminal marketplaces in the internet’s underbelly, think again. Chances are you’re in the FBI’s crosshairs.  The FBI is cracking down on sites that peddle everything from guns to stolen personal data, and it is not only going after the…


Apr52023 by TechmanNo Comments

Is Social Media Bad for Kids? What We Know

All, Business, News, Technology
The push to legally restrict children’s access to social media in the United States is gaining steam. So far, however, researchers say there are both negative and positive aspects of minors using the platforms, as VOA’s Veronica Balderas Iglesias found out. ...


Apr52023 by TechmanNo Comments

US Chip Controls Threaten China’s Technology Ambitions

All, Business, News, Technology
Furious at U.S. efforts that cut off access to technology to make advanced computer chips, China's leaders appear to be struggling to figure out how to retaliate without hurting their own ambitions in telecoms, artificial intelligence and other industries. Chinese leader Xi Jinping's government sees…


Apr52023 by TechmanNo Comments

Biden Eyes AI Dangers, Says Tech Companies Must Make Sure Products are Safe

All, Business, News, Technology
U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence (AI) is dangerous, but underscored that technology companies had a responsibility to ensure their products were safe before making them public.  Biden told science and technology advisers that AI could…


Apr42023 by TechmanNo Comments

US-Trained Woman Teaching Digital Skills to Children in Rural Kenya

All, Business, News, Technology
The digital divide is one of the biggest challenges to education in sub-Saharan Africa, where the United Nations says nearly 90% of students lack access to household computers, and 82% to the internet. In Kenya, the aid group TechLit Africa aims to change that by…


Apr42023 by TechmanNo Comments

Ukraine’s Destruction Brought to Life Through Virtual Reality Exhibit

All, Business, News, Technology
An exhibition currently on display in Poland uses virtual reality to show the level of destruction Russia’s war has brought on Ukraine. For some visitors, the VR videos that can be viewed at the "Through the War" display have been overwhelming. Lesia Bakalets reports from…


Apr42023 by TechmanNo Comments

TikTok Fined $15.9M by UK Watchdog for Misuse of Kids’ Data

All, Business, News, Technology
Britain’s privacy watchdog hit TikTok with a multimillion-dollar penalty Tuesday for misusing children's data and violating other protections for users' personal information. The Information Commissioner's Office said it issued a fine of $15.9 million to the short-video sharing app, which is wildly popular with young…


Apr42023 by TechmanNo Comments

Australia Bans TikTok on Government Devices

All, Business, News, Technology
Australia said Tuesday it will ban TikTok on government devices, joining a growing list of Western nations cracking down on the Chinese-owned app due to national security fears.    Attorney-General Mark Dreyfus said the decision followed advice from the country's intelligence agencies and would begin "as…


Apr42023 by TechmanNo Comments

Virgin Orbit Files for Bankruptcy, Seeks Buyer

All, Business, News, Technology
Virgin Orbit, the satellite launch company founded by Richard Branson, has filed for Chapter 11 bankruptcy and will sell the business, the firm said in a statement Tuesday.    The California-based company said last week it was laying off 85% of its employees — around 675 people — to…


Posts pagination

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top

  • Governments Agree on Rules for Implementing Climate Accord
    Governments Agree on Rules for Implementing Climate Accord
  • US Supreme Court Ruling Could Trigger Anti-Abortion Laws in at Least 13 States
    US Supreme Court Ruling Could Trigger Anti-Abortion Laws in at Least 13 States
  • Tesla Says Vehicle in Deadly Crash Was on Autopilot 
    Tesla Says Vehicle in Deadly Crash Was on Autopilot 
  • Where Are We in COVID-19 Vaccine Race? 
    Where Are We in COVID-19 Vaccine Race? 
  • Hong Kong Residents Grapple with Tourism Boom
    Hong Kong Residents Grapple with Tourism Boom
  • UN Calls on Social Media Giants to Control Platforms Used to Lure African Migrants
    UN Calls on Social Media Giants to Control Platforms Used to Lure African Migrants
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    US, Russia Energy Officials to Meet, Discuss Natural Gas
  • Updating Software, Shaping History: New Imperial Era Name Looms Large in Japan
    Updating Software, Shaping History: New Imperial Era Name Looms Large in Japan
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    Trump Visits 'Rodent Infested Mess' Baltimore
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    How Deaf Community Solved Online Education Resource Shortage

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