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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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Sep22022 by TechmanNo Comments

E-Commerce Company Jumia Launches Drone Deliveries in Ghana

All, Business, News, Technology
Africa's largest e-commerce company, Jumia, launched the first commercial drone delivery service on the continent this week, offering delivery of products across Ghana. After more than three months of testing in the town of Omenaku, Jumia and California-based instant-delivery service Zipline have started delivering products…


Sep12022 by TechmanNo Comments

Twitter Tests Long-Awaited Edit Button, Will Roll Out to Paid Subscribers

All, Business, News, Technology
Twitter is internally testing a widely requested edit button, a feature that will be rolled out to paid subscribers in the coming weeks, the social media company said Thursday. For years, Twitter users have demanded the ability to edit their tweets after publishing in order…


Aug312022 by TechmanNo Comments

VOA Interview NASA Astronaut Victor Glover

All, Business, News, Technology
VOA's Kane Farabaugh spoke with NASA Astronaut Victor Glover ahead of Monday's scheduled Artemis launch from Cape Canaveral, Florida. While the launch was postponed, NASA's quest to return to the moon and eventually send humans to Mars remains a priority for the U.S. space agency.…


Aug302022 by TechmanNo Comments

Musk Cites Whistleblower as New Reason to Exit Twitter Deal

All, Business, News, Technology
Elon Musk and Twitter lobbed salvos at each other Tuesday in the latest round of legal filings over the billionaire Tesla CEO's efforts to rescind his offer to buy the social media platform.  Musk filed more paperwork to terminate his agreement to buy Twitter, this…


Aug302022 by TechmanNo Comments

Excitement Over Cryptocurrency Tinged With Fear

All, Business, News, Technology
The price of Bitcoin and other cryptocurrencies has fallen dramatically in recent months. Still, many investors are excited about the future of digital currencies despite the risks. VOA’s Michelle Quinn reports from San Francisco. ...


Aug292022 by TechmanNo Comments

Elon Musk Subpoenas Twitter Whistleblower Ahead of Trial

All, Business, News, Technology
Elon Musk's legal team is demanding to hear from Twitter's whistleblowing former security chief, who could help bolster Musk's case for backing out of a $44 billion deal to buy the social media company.  Former Twitter executive Peiter Zatko — also known by his hacker…


Aug292022 by TechmanNo Comments

US Navy Turns to Driverless Ships for Indo-Pacific Strategy

All, Business, News, Technology
As the U.S. military continues to consider China’s military strength in the Indo-Pacific region, the U.S. Navy is turning to driverless ships to multiply its forces. VOA’s Jessica Stone takes us along for a closer look at this military innovation. Camera: Keith Lane ...


Aug282022 by TechmanNo Comments

NASA Moon Rocket on Track for Launch Despite Lightning Hits 

All, Business, News, Technology
NASA's new moon rocket remained on track to blast off on a crucial test flight Monday, despite a series of lightning strikes at the launch pad. The 322-foot (98-meter) Space Launch System rocket is the most powerful ever built by NASA. It's poised to send…


Aug262022 by TechmanNo Comments

California Phasing Out Gas Vehicles in Climate Change Fight 

All, Business, News, Technology
California set itself on a path Thursday to end the era of gas-powered cars, with air regulators adopting the world's most stringent rules for transitioning to zero-emission vehicles. The move by the California Air Resources Board to have all new cars, pickup trucks and SUVs…


Aug262022 by TechmanNo Comments

For First Time, Facebook, Twitter Take Down Pro-US Influence Operation

All, Business, News, Technology
This summer, for the first time, Facebook and Twitter removed a network of fake user accounts promoting pro-Western policy positions to foreign audiences and critical of Russia, China and Iran, according to a new report. The accounts, which violated the companies' terms of service, "used…


Aug232022 by TechmanNo Comments

Ukrainian Company Repairs Broken Drones to Help Military

All, Business, News, Technology
Unmanned aerial vehicles, or drones, are playing a huge part in the war in Ukraine. But keeping them in the air can be challenging. One Ukrainian company is doing just that and more. Kateryna Markova has the story. Camera - Viktor Petrovych. ...


Aug192022 by TechmanNo Comments

‘Silicon Lifeline’: Report Reveals Western Technology Guiding Russia’s Weapons in Ukraine

All, Business, News, Technology
Microelectronics produced in the United States and allied countries are crucial components of Russian weapons systems used in the Ukraine invasion, according to a report by Britain’s Royal United Services Institute. The RUSI report, Silicon Lifeline: Western Electronics as the Heart of Russia’s War Machine,…


Aug172022 by TechmanNo Comments

India’s Vast Rural Areas Plug into Digital Economy

All, Business, News, Technology
In India, an initiative to bring internet access across the country has helped millions plug into new digital technologies. One of them is a payments system that is transforming the way business is being done in the vast rural areas of the country. Anjana Pasricha…


Aug122022 by TechmanNo Comments

Ukraine Cyber Chief Visits ‘Black Hat’ Hacker Meeting in Las Vegas

All, Business, News, Technology
Ukraine's top cyber official addressed a room full of security experts at a hackers convention following a two-day trip from Kyiv to a casino in Las Vegas. During his unannounced visit, Victor Zhora, deputy head of Ukraine's State Special Communications Service, told the so-called Black…


Aug112022 by TechmanNo Comments

Facebook Use Plunges Among US Teens, Survey Finds

All, Business, News, Technology
U.S. teens have left Facebook in droves over the past seven years, preferring to spend time at video-sharing venues YouTube and TikTok, according to a Pew Research Center survey data out Wednesday. TikTok has "emerged as a top social media platform for U.S. teens" while…


Aug102022 by TechmanNo Comments

Race for Semiconductors Influences Taiwan Conflict 

All, Business, News, Technology
China has blocked many of Taiwan’s exports in retaliation for U.S. House Speaker Nancy Pelosi’s visit to Taiwan on August 2, but certain goods including semiconductors and high-tech products have been spared because of China’s reliance on those products from Taiwan, experts say. “It is…


Aug92022 by TechmanNo Comments

Biden Signs Semiconductor Bill Boosting US Competitiveness

All, Business, News, Technology
U.S. President Joe Biden has signed the CHIPS and Science Act, which aims to boost U.S. competitiveness against China by allocating billions of dollars toward domestic semiconductor manufacturing and scientific research. “The United States must lead the world in the production of these advanced chips.…


Aug82022 by TechmanNo Comments

Australia to Permit Offshore Wind Farms 

All, Business, News, Technology
Offshore wind farms are to be permitted for the first time in Australia. The Climate Change Minister Chris Bowen has declared part of the Victoria coast an offshore wind zone and a 60-day community consultation process will soon begin. The Australian government has designated the…


Aug32022 by TechmanNo Comments

Biden Celebrates Semiconductor Legislation to Boost US Competitiveness Against China

All, Business, News, Technology
US President Joe Biden virtually joined Michigan Governor Gretchen Whitmer on Tuesday to celebrate the CHIPS and Science Act, which aims to boost US competitiveness against China by allocating billions of dollars toward domestic semiconductor manufacturing and research. White House Bureau Chief Patsy Widakuswara has…


Aug12022 by TechmanNo Comments

Kenyan Ministers Say Government Not Banning Facebook

All, Business, News, Technology
Kenyan ministers said the government has no intention of banning Facebook despite a watchdog last week accusing the social media platform of failing to stop hate speech ahead of Aug. 9 elections. Kenya’s National Cohesion and Integration Commission (NCIC) last week gave Facebook one week…


Jul302022 by TechmanNo Comments

US, Japan to Set Up Research Center for Next Semiconductors

All, Business, News, Technology
The United States and Japan launched a new high-level economic dialogue Friday aimed at pushing back against China and countering the disruption caused by Russia's invasion of Ukraine. The two longtime allies agreed to establish a new joint research center for next-generation semiconductors during the…


Jul292022 by TechmanNo Comments

Congress OKs Bill to Aid Computer Chip Firms, Counter China 

All, Business, News, Technology
The House on Thursday passed a $280 billion package to boost the semiconductor industry and scientific research in a bid to create more high-tech jobs in the United States and help it better compete with international rivals, namely China.  The House approved the bill by…


Jul292022 by TechmanNo Comments

US Probes Cyber Breach of Federal Court Records System

All, Business, News, Technology
The U.S. Justice Department is investigating a cyber breach involving the federal court records management system, the department's top national security attorney told lawmakers Thursday. Matt Olsen, head of the Justice Department's National Security Division, alluded to the threat of cyberattacks by foreign nations as…


Jul282022 by TechmanNo Comments

Twitter Accepts Oct. 17 Trial but Is Concerned Musk Will Try to Delay

All, Business, News, Technology
 Twitter Inc. does not object to Elon Musk's proposal to start a trial on October 17 over Musk's bid to walk away from his $44 billion acquisition deal but the social media company wants a commitment to complete the trial in five days, Twitter said…


Jul282022 by TechmanNo Comments

Meta Posts First Revenue Drop as Inflation Throttles Ad Sales

All, Business, News, Technology
Meta Platforms Inc. issued a gloomy forecast after recording its first ever quarterly drop in revenue Wednesday, with recession fears and competitive pressures weighing on its digital ads sales.  Shares of the Menlo Park, California-based company were down about 4.6% in extended trading.  The company…


Jul272022 by TechmanNo Comments

US Senate Advances Bill to Boost Microchip Production

All, Business, News, Technology
The U.S. Senate has passed a $280 billion initiative that would boost domestic production of microchips and provide support for a key industry that competes with overseas countries including China. VOA’s Congressional Correspondent Katherine Gypson reports. ...


Jul262022 by TechmanNo Comments

US Senate Votes to Advance Sweeping Semiconductor Industry Bill

All, Business, News, Technology
The U.S. Senate voted 64-32 on Tuesday to advance legislation to dramatically boost U.S. semiconductor manufacturing in a bid to make the domestic industry more competitive with China. The legislation provides about $52 billion in government subsidies for U.S. semiconductor production as well as an…


Jul242022 by TechmanNo Comments

Semiconductor Bill Unites US Politicians From Left, Right — in Opposition

All, Business, News, Technology
A bill to boost semiconductor production in the United States has managed to do nearly the unthinkable — unite the democratic socialist Sen. Bernie Sanders and the fiscally conservative right. The bill making its way through the Senate is a top priority of the Biden…


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