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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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Nov172022 by TechmanNo Comments

NASA’s Mighty Moon Rocket at Long Last Launches

All, Business, News, Technology
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.   ...


Nov172022 by TechmanNo Comments

Taiwan’s APEC Envoy at the Center of Processor Chip Tension

All, Business, News, Technology
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…


Nov172022 by TechmanNo Comments

With Twitter’s Human Rights Team Gone, Some Experts Say Users’ Safety Jeopardized

All, Business, News, Technology
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. ...


Nov162022 by TechmanNo Comments

EXPLAINER: Nasa’s New Mega Moon Rocket, Orion Crew Capsule

All, Business, News, Technology
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,…


Nov162022 by TechmanNo Comments

FBI Says It has ‘National Security Concerns’ About TikTok

All, Business, News, Technology
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…


Nov142022 by TechmanNo Comments

40 States Settle Google Location-tracking Charges for $392 Million

All, Business, News, Technology
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…


Nov142022 by TechmanNo Comments

Musk Touches on Twitter Criticism, Workload at G20 Forum

All, Business, News, Technology
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…


Nov142022 by TechmanNo Comments

Musk’s Latest Twitter Cuts: Outsourced Content Moderators

All, Business, News, Technology
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…


Nov132022 by TechmanNo Comments

Researchers Identify More Potential Hydro Energy Storage Sites 

All, Business, News, Technology
Australian researchers have identified 1,500 additional locations across the country that could be used as pumped storage hydropower facilities. They have said it should reduce Australia’s reliance on fossil fuels. Academics at the Australian National University have said pumped storage hydropower is a “low-cost, mass…


Nov112022 by TechmanNo Comments

Musk Halts Twitter’s Blue Check Fee Program Amid Flood of Impostors

All, Business, News, Technology
Twitter paused its recently announced $8 blue check subscription service Friday as fake accounts mushroomed and new owner Elon Musk brought back the "official" badge to some users of the social media platform. The coveted blue check mark was previously reserved for verified accounts of…


Nov112022 by TechmanNo Comments

Crypto Firm FTX Files for Bankruptcy, Bankman-Fried Exits

All, Business, News, Technology
Crypto exchange FTX filed for U.S. bankruptcy proceedings on Friday and founder Sam Bankman-Fried stepped down as CEO, in a stunning downfall that has sent shock waves through markets and drawn calls for better regulation of the digital industry. The distressed crypto trading platform had…


Nov102022 by TechmanNo Comments

Meta Layoffs Deepen Silicon Valley’s Jobs Losses

All, Business, News, Technology
The widespread retrenchment in the U.S. technology industry has thrown thousands of workers in Silicon Valley out of work, a trend greatly amplified on Wednesday by Meta Platforms, the parent company of Facebook, which announced it would eliminate 13% of its workforce, amounting to more…


Nov82022 by TechmanNo Comments

As Midterm Elections Near, Twitter Turmoil Raises Misinformation Concerns

All, Business, News, Technology
Tech billionaire Elon Musk’s takeover of Twitter comes as the U.S. holds midterm elections this week, with observers warning that online misinformation about the credibility of the electoral process can have real-world effects. Is Twitter, under Musk, ready? Tina Trinh reports. Michelle Quinn contributed. ...


Nov72022 by TechmanNo Comments

Facebook Parent Company Meta Reportedly Planning Large-scale Layoffs

All, Business, News, Technology
Facebook parent company Meta is preparing to begin large-scale layoffs this week, according to U.S. media reports.  The layoffs, which were first reported by The Wall Street Journal, are expected to affect thousands of employees and would be the company's first job cuts of this…


Nov72022 by TechmanNo Comments

Facebook Parent Meta Is Preparing Large-scale Layoffs This Week, Say Media

All, Business, News, Technology
Meta Platforms Inc. is planning to begin large-scale layoffs this week that will affect thousands of employees, The Wall Street Journal reported on Sunday, citing people familiar with the matter, with an announcement planned as early as Wednesday. Meta declined to comment on the WSJ…


Nov62022 by TechmanNo Comments

South Korea’s DRX Crowned League of Legends World Champions

All, Business, News, Technology
South Korean team DRX were crowned League of Legends world champions on Saturday after scoring a surprise 3-2 victory over compatriots T1 in a thrilling final of the eSports tournament in San Francisco. T1, the most successful team in eSports history, started as favorites and…


Nov62022 by TechmanNo Comments

UN Urges Musk to Ensure Twitter Respects Human Rights

All, Business, News, Technology
U.N. rights chief Volker Turk on Saturday urged Twitter's new owner, Elon Musk, to make respect for human rights central to the social network after he sacked around half the company's employees. Reports of Musk laying off the platform's entire human rights team were "not,…


Nov52022 by TechmanNo Comments

Twitter Offers $7.99 Monthly Subscription That Includes Checkmark

All, Business, News, Technology
Twitter on Saturday launched a subscription service for $7.99 a month that includes a blue check now given only to verified accounts as new owner Elon Musk overhauls the platform's verification system just ahead of the U.S. midterm elections. In an update to Apple iOS…


Nov52022 by TechmanNo Comments

Widespread Twitter Layoffs Begin, Worry Advertisers, Civic Groups

All, Business, News, Technology
Twitter began widespread layoffs Friday as new owner Elon Musk overhauls the company, raising grave concerns about chaos enveloping the platform and its ability to fight disinformation just days ahead of the U.S. midterm elections. The speed and size of the cuts also opened Musk…


Nov42022 by TechmanNo Comments

Twitter Temporarily Closes Offices as Layoffs Begin

All, Business, News, Technology
Twitter Inc temporarily closed its offices on Friday after telling employees they would be informed by email later in the day about whether they are being laid off. The move follows a week of uncertainty about the company's future under new owner Elon Musk. The…


Nov22022 by TechmanNo Comments

UN: Agricultural Automation Can Boost Global Food Production

All, Business, News, Technology
A new U.N. report finds agricultural automation can boost global food production and be a boon for small-scale farmers in developing countries. The U.N. Food and Agriculture Organization, FAO, has just released The State of Food and Agriculture 2022 report. The report’s authors said automation…


Nov12022 by TechmanNo Comments

LogOn: Experts Worry Digital Footprints Will Incriminate US Patients Seeking Abortions

All, Business, News, Technology
The U.S. Supreme Court’s overturning of protections for abortion rights has intensified scrutiny of the personal data that technology firms collect. For women who live in states where most abortions are now illegal, their smartphones and devices could be used against them. Tina Trinh reports.…


Nov12022 by TechmanNo Comments

Agromovil App Connects Small Farmers With Buyers

All, Business, News, Technology
Small farmers produce about one-third of the world's food. Yet they lack global visibility and face many obstacles getting their crops to larger markets.  A new app is helping to change that for some farmers in Africa. VOA’s Julie Taboh has more. Camera, production: Adam Greenbaum ...


Nov12022 by TechmanNo Comments

Observers: China’s Chip Talent Hurdle Worsens After Layoffs at US Firm Marvell

All, Business, News, Technology
Santa Clara, California-based chip producer Marvell Technology has confirmed that it is eliminating research and development staffs in China – the third U.S. chipmaker that has done so this year as the U.S.-China tech rivalry intensifies. Observers say this will hobble China’s chip ambitions and…


Oct282022 by TechmanNo Comments

Timeline of Billionaire Elon Musk’s Bid to Control Twitter

All, Business, News, Technology
On Oct. 4, Elon Musk reversed himself and offered to honor his original proposal to buy Twitter for $44 billion — a deal he had spent the previous several months trying to wriggle out of. He posted a video of himself arriving at Twitter headquarters…


Oct282022 by TechmanNo Comments

Elon Musk Completes $44 Billion Acquisition of Twitter

All, Business, News, Technology
Elon Musk became Twitter Inc's new owner on Thursday, firing top executives he had accused of misleading him and providing little clarity over how he will achieve the lofty ambitions he has outlined for the influential social media platform. The CEO of electric car maker…


Oct272022 by TechmanNo Comments

US Rolls Out Voluntary Cybersecurity Goals

All, Business, News, Technology
The United States is trying to make it easier for companies and organizations to bolster their cybersecurity in the face of growing attacks aimed at crippling their operations, stealing their data or demanding ransom payments. Officials with the Department of Homeland Security and the Cybersecurity…


Oct272022 by TechmanNo Comments

Musk Says He Doesn’t Seek ‘Free-for-All Hellscape’ for Twitter

All, Business, News, Technology
Elon Musk is telling Twitter advertisers he is buying the platform to "help humanity" and doesn't want it to become a "free-for-all hellscape" where anything can be said with no consequences. The message to advertisers posted Thursday on Twitter came a day before Musk's deadline…


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