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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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May212022 by TechmanNo Comments

China’s COVID Lockdowns May Affect iPhone Shipments

All, Business, News, Technology
The Apple Store at Union Square, the heart of San Francisco’s upscale tourist district, had drawn more than 30 customers within a few minutes of opening Friday morning. Visitors, couples and even a preschool-age boy browsed the atrium packed with iPhone 13s and watches to…


May202022 by TechmanNo Comments

Scanning the Corpse’s Face: Ukrainians Using Facial Recognition Technology to Identify Russian Soldiers

All, Business, News, Technology
The Ukrainian government is using facial recognition software to identify Russian soldiers captured and dead. VOA's Julie Taboh spoke with one software company CEO and an official with the Ukrainian national police about how the technology is contributing to the war effort ...


May202022 by TechmanNo Comments

Canada to Ban Huawei and ZTE From 5G Networks

All, Business, News, Technology
Canada will ban Chinese telecommunications giants Huawei and ZTE from its 5G wireless networks because of national security concerns, officials said Thursday.  The long-awaited move follows those of the United States and other key allies and comes on the heels of a diplomatic row between…


May202022 by TechmanNo Comments

Twitter Policy Aims to Clear Fog of War Misinformation

All, Business, News, Technology
Twitter is stepping up its fight against misinformation with a new policy cracking down on posts that spread potentially dangerous false stories. The change is part of a broader effort to promote accurate information during times of conflict or crisis.  Starting Thursday, the platform will…


May172022 by TechmanNo Comments

Nigeria Becoming Destination for Africa’s Promising Tech Startups

All, Business, News, Technology
In February, the Nigerian technology startup CrowdForce announced a big break: It had received $3.6 million from investors to expand its financial services operations to many more underserved communities.   Co-founder and Chief Executive Officer Tomi Ayorinde said new funding will boost its mobile agent network from…


May172022 by TechmanNo Comments

Musk: Doubt About Spam Accounts Could Scuttle Twitter Deal

All, Business, News, Technology
Tesla CEO Elon Musk says his deal to buy Twitter can't move forward unless the company shows public proof that less than 5% of the accounts on the social media platform are fake or spam. Musk made the comment in a reply to another user…


May162022 by TechmanNo Comments

Convicted Killer Turned Tech Whiz Confronts His Sordid Past

All, Business, News, Technology
When he was 20 years old, Harel Hershtik planned and executed a murder, a crime that a quarter of a century later is still widely remembered for its grisly details. Today, he is the brains behind an Israeli health-tech startup, poised to make millions of…


May162022 by TechmanNo Comments

IBM: 6 Black Colleges Getting Cybersecurity Centers

All, Business, News, Technology
Six historically Black universities in five Southern states will be getting the first IBM cybersecurity centers aimed at training underrepresented communities, the company said. The schools are Xavier University of Louisiana, that state's Southern University System, North Carolina A&T, South Carolina State, Clark Atlanta and…


May132022 by TechmanNo Comments

The Next New Thing: Companies Are Building the ‘Metaverse’ but What Is It?

All, Business, News, Technology
The “metaverse” has been touted as the next digital shift, 3-dimensional online spaces where people will shop, work, play games, and go to concerts. VOA’s Michelle Quinn is looking at what the Metaverse is or might be. VOA footage and video editing by Matt Dibble.…


May132022 by TechmanNo Comments

US, China Vie for Africa Mobile Phone Sector

All, Business, News, Technology
Africa, in recent years, has become the new frontier where China and the United States, the world’s two biggest economic superpowers, are competing for influence in a key industry: telecommunications. This week, Ethiopia celebrated the launch of a 5G network powered by China’s telecom giant…


May132022 by TechmanNo Comments

Musk Says $44-billion Twitter Deal Temporarily On Hold

All, Business, News, Technology
Elon Musk said on Friday his $44-billion deal for Twitter Inc was temporarily on hold, citing pending details on spam and fake accounts. "Twitter deal temporarily on hold pending details supporting calculation that spam/fake accounts do indeed represent less than 5% of users," Musk said…


May112022 by TechmanNo Comments

Bill Gates Says He Has COVID-19, Experiencing Mild Symptoms 

All, Business, News, Technology
Microsoft co-founder Bill Gates said Tuesday he has tested positive for COVID-19 and is experiencing mild symptoms.  Via Twitter, the billionaire philanthropist said he will isolate until he is again healthy.  "I'm fortunate to be vaccinated and boosted and have access to testing and great…


May102022 by TechmanNo Comments

Elon Musk Says He’d Reinstate Trump’s Twitter Account

All, Business, News, Technology
Elon Musk on Tuesday said he would reinstate former President Donald Trump's Twitter account.  The Tesla CEO who's vying to buy Twitter and take it private for a reported price tag of $44 billion made the comment at the Financial Times Future of the Car…


May92022 by TechmanNo Comments

Biden Starts Program to Provide Discounted Internet Service in US

All, Business, News, Technology
The Biden administration announced on Monday that 20 internet companies have agreed to provide discounted service to people with low incomes, a program that could effectively make tens of millions of households across the U.S. eligible for free service through an already existing federal subsidy.…


May52022 by TechmanNo Comments

Musk Gets $7B Backing for Twitter Bid From Tech Heavyweights

All, Business, News, Technology
Billionaire Elon Musk has strengthened the equity stake of his offer to buy Twitter with commitments of more than $7 billion from a range of investors, including Silicon Valley heavy hitters like Oracle co-founder Larry Ellison. Other investors include Sequoia Capital Fund, which pledged $800…


May42022 by TechmanNo Comments

Automakers, Appliance Manufacturers Struggle to Find Computer Chips Amid Shortage

All, Business, News, Technology
Cars stuck on the assembly line. Delays in the delivery of dishwashers, refrigerators and game consoles. Consumers and businesses are feeling the pinch of the semiconductor shortage. The war in Ukraine could make the situation worse. Michelle Quinn reports. ...


May32022 by TechmanNo Comments

Technology Helps Find One of the World’s Most Sought-After Shipwrecks 

All, Business, News, Technology
Satellite imagery and underwater robotics are among the technologies that played a crucial role in the recent discovery of the Endurance, renowned explorer Ernest Shackleton’s ship that sank in frozen Antarctic waters in 1915. VOA’s Julie Taboh has more. ...


May22022 by TechmanNo Comments

US Company Produces Drones for Ukrainian Armed Forces

All, Business, News, Technology
BRINC, a company based in Seattle, Washington, is producing special drones to assist Ukraine's armed forces. The drones are used in search and rescue missions and can provide eyes in places where it's too dangerous to send people. Khrystyna Shevchenko has the story, narrated by Anna Rice.…


May22022 by TechmanNo Comments

EU Says Apple Pay May Violate EU Antitrust Laws

All, Business, News, Technology
The European Union on Monday accused Apple of abusing its dominant Apple Pay market position to prevent other companies from competing in contactless payment technologies.  "Apple has built a closed ecosystem around its devices and its operating system, iOS. And Apple controls the gates to…


Apr292022 by TechmanNo Comments

Google Adds Ways to Keep Personal Info Private in Searches

All, Business, News, Technology
Google has expanded options for keeping personal information private from online searches. The company said Friday it will let people request that more types of content such as personal contact information like phone numbers, email and physical addresses be removed from search results. The new…


Apr282022 by TechmanNo Comments

New Kenyan Fish Marketing App Aims to Reduce Sexual Exploitation of Women Fishmongers

All, Business, News, Technology
An application developed in Kenya to improve the marketing of fish caught in Lake Victoria is helping women fishmongers fend off sex-for-fish exploitation by fishermen. The Aquarech app allows traders to buy fish without having to negotiate with fishermen – as Ruud Elmendorp reports from…


Apr272022 by TechmanNo Comments

Musk’s Twitter Ambitions Likely to Collide with Europe’s Tech Rules 

All, Business, News, Technology
A hands-off approach to moderating content at Elon Musk's Twitter could clash with ambitious new laws in Europe meant to protect users from disinformation, hate speech and other harmful material.  Musk, who describes himself as a "free speech absolutist," pledged to buy Twitter for $44…


Apr272022 by TechmanNo Comments

Elon Musk Quest to Scrap Deal Over 2018 Tweets is Rejected

All, Business, News, Technology
Elon Musk's request to scrap a settlement with securities regulators over 2018 tweets claiming he had the funding to take Tesla private was denied by a federal judge in New York. Judge Lewis Liman on Wednesday also denied a motion to nullify subpoenas of Musk…


Apr272022 by TechmanNo Comments

Google Investment to Help Solve Africa’s Tech Problems

All, Business, News, Technology
California-based Google wants to get a bigger share of Africa's growing online population, which is expected to top 800 million by 2030.    The internet search giant announced this month it is setting up its first product development center on the continent, to be based…


Apr262022 by TechmanNo Comments

US Laboratory Innovating Electronic Vehicle Technology 

All, Business, News, Technology
Many of the technological advances in lithium ion batteries that now power many electric vehicles began in a laboratory just outside Chicago’s city limits decades ago.  VOA’s Kane Farabaugh reports on new innovations at Argonne National Laboratory preparing for the next-generation needs of drivers. Camera:…


Apr262022 by TechmanNo Comments

Robotics Company Makes Sensor-Packed Filmmaking Equipment  

All, Business, News, Technology
Sensor-packed robots are changing how movies and commercials are made. Deana Mitchell has the story. ...


Apr262022 by TechmanNo Comments

More Free Speech or More Misinformation? Reactions Mixed to Twitter Sale 

All, Business, News, Technology
Tesla CEO Elon Musk’s $44 billion deal to buy Twitter Monday met mixed reactions as observers speculated how digital speech on the service might change under his leadership.  Musk, a prolific Twitter user who has criticized Twitter's management in tweets, said in the press release…


Apr262022 by TechmanNo Comments

 Twitter CEO Says Company Direction Uncertain After Musk Deal 

All, Business, News, Technology
Twitter CEO Parag Agrawal told employees Monday that he is uncertain of the direction the company will go after Tesla CEO Elon Musk takes over.     Musk reached an agreement Monday to buy Twitter for $44 billion, promising to make the platform more supportive of…


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