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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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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…


Apr252022 by TechmanNo Comments

Twitter’s Board Negotiates with Elon Musk Over Bid to Buy Platform

All, Business, News, Technology
The board of Twitter is negotiating with Tesla CEO Elon Musk over his bid to buy the social media giant.  Media reports Monday said the two sides are close to reaching a deal.   Musk recently announced that he wants to buy the platform and…


Apr212022 by TechmanNo Comments

Elon Musk Appears to Have Secured Financing for Twitter Tender Offer

All, Business, News, Technology
According to papers filed with U.S. securities regulators, billionaire Elon Musk appears ready to continue his bid to take over Twitter, this time via a tender offer that would bypass the company's board and offer to buy stock directly from shareholders.  Twitter's board of directors…


Apr182022 by TechmanNo Comments

Tesla Stockholders Ask Judge to Silence Musk in Fraud Case 

All, Business, News, Technology
A group of Tesla shareholders suing CEO Elon Musk over some 2018 tweets about taking the company private is asking a federal judge to order Musk to stop commenting on the case.  Lawyers for stockholders of the Austin, Texas-based company also say in court documents…


Apr172022 by TechmanNo Comments

US Intelligence Satellite Launched From California

All, Business, News, Technology
A classified satellite for the U.S. National Reconnaissance Office was launched into space from California on Sunday.  The NROL-85 satellite lifted off at 6:13 a.m. local time from Vandenberg Space Force Base aboard a two-stage SpaceX Falcon 9 rocket.  It was the first mission by…


Apr162022 by TechmanNo Comments

How Audiences in Authoritarian Countries Can Bypass Censorship

All, Business, News, Technology
Russia is clamping down on news and the internet. Overseas media organizations and activists are finding new ways in. ...


Apr162022 by TechmanNo Comments

Ransomware Attacks: Hackers Endanger Critical US Infrastructure    

All, Business, News, Technology
Even before Russia’s invasion of Ukraine, U.S. officials warned about cyberattacks originating in Russia against critical American infrastructure. Now, U.S. security agencies are increasingly cracking down on the networks used by cybercriminals, including for ransomware attacks. Dino Jahic has the story, narrated by Anna Rice. …


Apr152022 by TechmanNo Comments

Twitter Opts for ‘Poison Pill’ to Repel Elon Musk Takeover 

All, Business, News, Technology
Twitter's board of directors on Friday voted unanimously to use a tactic called a "poison pill" to fend off Elon Musk's attempt to take over the company. In such a defensive tactic, all Twitter shareholders except Musk could buy more shares at a discount. This…


Apr152022 by TechmanNo Comments

Musk Spells Out How He Would Change Twitter

All, Business, News, Technology
Hours after announcing his $43 billion hostile takeover bid for Twitter, business magnate Elon Musk laid out some of his goals for the social media giant, including an edit button that would let users amend ill-considered tweets. Musk made the comments on the concluding day…


Apr142022 by TechmanNo Comments

Elon Musk Offers to Buy Twitter 

All, Business, News, Technology
Businessman Elon Musk has offered to buy Twitter, saying the social media giant “needs to be transformed as a private company.” "I invested in Twitter as I believe in its potential to be the platform for free speech around the globe, and I believe free…


Apr132022 by TechmanNo Comments

Russian Netflix Users Sue Streaming Giant for Leaving Market – RIA

All, Business, News, Technology
Russian users of Netflix NFLX.O have launched a class action lawsuit against the streaming giant for leaving the Russian market, demanding 60 million roubles ($726,000) in compensation, the RIA news agency reported on Wednesday.  Netflix Inc said in March that it suspended its service in…


Apr132022 by TechmanNo Comments

Former California Executive Gets Prison for $1 Billion Solar Fraud

All, Business, News, Technology
A former energy executive in California who took part in $1 billion solar power fraud that bilked Warren Buffett's company and many others was sentenced Tuesday to six years in federal prison and ordered to pay $624 million in restitution. Robert A. Karmann, 55, of…


Apr132022 by TechmanNo Comments

Elon Musk Accused of Breaking Law While Buying Twitter Stock

All, Business, News, Technology
Elon Musk's huge Twitter investment took a new twist Tuesday with the filing of a lawsuit alleging that the colorful billionaire illegally delayed disclosing his stake in the social media company so he could buy more shares at lower prices. The complaint in New York…


Apr122022 by TechmanNo Comments

Companies and Celebrities Jump into NFT Craze

All, Business, News, Technology
The world of nonfungible tokens, or NFTs is getting a boost from companies and celebrities, who are making the digital products. But the nascent technology comes with risks. Tina Trinh reports. ...


Apr112022 by TechmanNo Comments

Twitter’s Top Shareholder Elon Musk Decides Not to Join Board

All, Business, News, Technology
Twitter Inc’s biggest shareholder, Elon Musk, has decided not to join its board, Chief Executive Parag Agrawal said late on Sunday.  Musk, who calls himself a free-speech absolutist and has been critical of Twitter, disclosed a 9.1% stake on April 4 and said he plans…


Apr72022 by TechmanNo Comments

JD.com Founder Richard Liu Leaves CEO Post

All, Business, News, Technology
Chinese e-commerce company JD.com said Thursday that its founder Richard Liu has left his position as CEO, the latest Chinese billionaire founder to step aside amid increased government scrutiny of the country’s technology industry. Liu will hand over the reins to JD.com’s president Xu Lei,…


Apr62022 by TechmanNo Comments

Twitter to Start Testing Long-Awaited Edit Feature Soon

All, Business, News, Technology
Twitter said on Tuesday it will begin testing a new edit feature in the coming months, surprising its users on the same day it said Tesla boss Elon Musk would join the social media company's board.  Jay Sullivan, Twitter's head of consumer products, said in…


Apr52022 by TechmanNo Comments

Elon Musk Named to Twitter Board After Acquiring Massive Stock Share

All, Business, News, Technology
A day after it was revealed he owned the largest stake in Twitter, slightly more than 9% of shares, Elon Musk has joined the company’s board of directors. The Tesla and SpaceX founder will be on the board until at least 2024, according to a…


Apr52022 by TechmanNo Comments

Drones Aim to Deliver Meals, Medicines to People’s Backyards

All, Business, News, Technology
In the U.S., some restaurants and medical supply stores are turning to drones to deliver food, medicine, and other essential goods to people’s homes. VOA’s Julie Taboh has more. ...


Apr12022 by TechmanNo Comments

Bypassing Digital Iron Curtain, Activists Message Millions in Russia

All, Business, News, Technology
The Kremlin’s clampdown on news of the war in Ukraine has hackers and volunteers from around the world are sending messages directly to Russian citizens' phones to keep them informed. Matt Dibble has the story. ...


Mar302022 by TechmanNo Comments

Kenya Gets Huawei-Linked Chinese Communications Cable

All, Business, News, Technology
China has connected a high-speed, multimillion-dollar, 15,000-kilometer undersea cable to Kenya, as Beijing advances what's been dubbed its "digital silk road," and Africa seeks the infrastructure it badly needs for better internet connectivity.   Chinese giant Huawei is a shareholder in the $425-million PEACE cable,…


Mar292022 by TechmanNo Comments

Fighting Food Waste: Technology Tells Restaurants What They Are Throwing Away

All, Business, News, Technology
Up to 40% of food in the U.S. is discarded. But as VOA’s Julie Taboh reports, a company in the Netherlands has come up with technology that can help reduce food waste in industrial kitchens. Camera: Tina Trinh, Orbisk;          Produced by Julie Taboh, Adam Greenbaum ...


Mar252022 by TechmanNo Comments

EU Negotiators Agree on Landmark Law to Curb Big Tech

All, Business, News, Technology
Negotiators from the European Parliament and EU member states agreed Thursday on a landmark law to curb the market dominance of U.S. big tech giants such as Google, Meta, Amazon and Apple. Meeting in Brussels, the lawmakers nailed down a long list of do's and…


Mar252022 by TechmanNo Comments

Russian Agents Charged With Targeting US Nuclear Plant, Saudi Oil Refinery

All, Business, News, Technology
U.S. and British officials on Thursday accused the Russian government of running a yearslong campaign to hack into critical infrastructure, including an American nuclear plant and a Saudi oil refinery. The announcement was paired with the unsealing of criminal charges against four Russian government officials,…


Mar242022 by TechmanNo Comments

Seattle-Based Teenager Designed Relocation Website for Ukrainian Refugees

All, Business, News, Technology
Seattle-based teenager Avi Schiffmann is doing what he can to help Ukrainian refugees. He has launched a website that helps refugees find safe places to stay, matching refugees with people willing to share their homes. Anush Avetisyan has the story, narrated by Anna Rice. ...


Mar232022 by TechmanNo Comments

Hackers Hit Authentication Firm Okta; Customers ‘May Have Been Impacted’ 

All, Business, News, Technology
Okta whose authentication services are used by companies including Fedex and Moody's to provide access to their networks, said on Tuesday that it had been hit by hackers and that some customers may have been affected. The scope of the breach is still unclear, but…


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