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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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Mar72021 by TechmanNo Comments

Twitter Founder’s Auction of First Tweet Draws $2 Million Bid 

All, Business, News, Technology
Twitter CEO Jack Dorsey is selling his first tweet at auction, with bidding Saturday reaching $2 million in a sign of the appetite for virtual objects authenticated through blockchain technology."just setting up my twttr," Dorsey tweeted on March 21, 2006.On Friday he posted a link…


Mar52021 by TechmanNo Comments

World Semiconductor Shortage Raises Taiwan’s Bargaining Power with US

All, Business, News, Technology
U.S. President Joe Biden’s order to secure semiconductor supply chains for high-tech hardware production offers a commercial boost to Taiwan, one of the world’s biggest providers of chips, and gives Taipei new weight in any free-trade talks, analysts say.Biden signed an executive order Feb. 24…


Mar52021 by TechmanNo Comments

US Tech Competition With China Draws Bipartisan Support

All, Business, News, Technology
This week a U.S.-government backed commission of technology experts completed a three-year review of the country’s artificial intelligence capabilities, urging the development of a new national technology strategy to stay competitive with China.The National Security Commission on Artificial Intelligence (NSCAI) has been studying how artificial…


Mar32021 by TechmanNo Comments

Vietnam Tapping Hackers to Silence Critics, Experts Warn

All, Business, News, Technology
An international advocacy group's claim that the Vietnamese government has tapped hackers to target activists shows that the communist Southeast Asian state is widening the use of technology to quash its biggest opponents, experts believe. Ocean Lotus, a shadowy group suspected of working with the Vietnamese…


Mar32021 by TechmanNo Comments

Learning a Dog’s Many Moods … With a Smart Collar

All, Business, News, Technology
From a smart dog collar that can tell you your pet’s emotional state to toys that automatically move, the pet tech industry is growing, especially during the pandemic when many people staying at home have been adopting dogs and cats.  VOA’s Elizabeth Lee has more on…


Feb282021 by TechmanNo Comments

What Is Clubhouse and Why Did It Get So Popular?

All, Business, News, Technology
There’s a new player in the social media webspace: it’s called Clubhouse. But unlike other social media platforms this one isn’t open to just anyone. Mariia Prus looked into why the platform got so popular so fast. Camera: Oleksii Osyka ...


Feb272021 by TechmanNo Comments

US Judge Approves $650M Facebook Privacy Lawsuit Settlement

All, Business, News, Technology
A federal judge on Friday approved a $650 million settlement of a privacy lawsuit against Facebook for allegedly using photo face-tagging and other biometric data without the permission of its users.U.S. District Judge James Donato approved the deal in a class-action lawsuit that was filed…


Feb262021 by TechmanNo Comments

Carter Center Targets Online Threats in Ethiopia

All, Business, News, Technology
With internet access increasing in many emerging democracies, use of social media is changing the ways that candidates and voters interact.  It’s also changing how the non-profit U.S.-based Carter Center assesses elections. As VOA’s Kane Farabaugh reports, monitoring online disinformation and threats to prevent political…


Feb262021 by TechmanNo Comments

Tech Executives Warn Full Extent of US Cyber Breach Still Unknown

All, Business, News, Technology
U.S. lawmakers launched an investigation this week into the December 2020 SolarWinds hack that included a breach of many private and U.S. government computer systems. As VOA's congressional correspondent Katherine Gypson reports, tech leaders are telling lawmakers the full scope of the breach is still…


Feb252021 by TechmanNo Comments

ByteDance Agrees to $92 Million Privacy Settlement with US TikTok Users

All, Business, News, Technology
ByteDance has agreed to a $92 million class-action settlement over data privacy claims from some U.S. TikTok users, according to documents filed Thursday in U.S. District Court in Illinois. ByteDance, the Chinese company that owns the short video app that has more than 100 million U.S.…


Feb202021 by TechmanNo Comments

COVID Conspiracy Disinformation Campaign Has Had Vast Reach, Study Finds

All, Business, News, Technology
It took just three months for the rumor that the coronavirus that causes COVID-19 was engineered as a bioweapon to spread from the fringes of the Chinese internet and take root in millions of people's minds.By March 2020, belief that the virus had been human-made…


Feb202021 by TechmanNo Comments

Google Fires 2nd AI Ethics Leader as Dispute Over Research, Diversity Grows

All, Business, News, Technology
Alphabet Inc.'s Google fired staff scientist Margaret Mitchell on Friday, they both said, a move that fanned company divisions on academic freedom and diversity that were on display since its December dismissal of AI ethics researcher Timnit Gebru.Google said in a statement that Mitchell violated…


Feb192021 by TechmanNo Comments

Suspected Russian Hack Fuels New US Action on Cybersecurity 

All, Business, News, Technology
Jolted by a sweeping hack that may have revealed government and corporate secrets to Russia, U.S. officials are scrambling to reinforce the nation's cyber defenses and recognizing that an agency created two years ago to protect America's networks and infrastructure lacks the money, tools and…


Feb192021 by TechmanNo Comments

China Blocked Clubhouse App Fearing Uncontrolled Public Discourse

All, Business, News, Technology
For a brief time before Beijing banned the audio chat app Clubhouse, tech-savvy Chinese joined global discussions on taboo topics — Beijing’s placement of Uighurs in concentration camps in Xinjiang, Hong Kong’s pro-democracy movement and the 1989 Tiananmen Square protests — absorbing perspectives and information…


Feb182021 by TechmanNo Comments

Facebook Dubbed ‘Bully’ as Backlash Grows over Dispute with Australia

All, Business, News, Technology
An international backlash was growing Thursday to Facebook blocking users of its platform in Australia from viewing or sharing links to domestic and international news stories, with the social media giant accused of behaving like a “bully.” Facebook’s move to block the content ahead of…


Feb182021 by TechmanNo Comments

Facebook Bans Australian Users From Sharing News in Dispute Over New Law

All, Business, News, Technology
Facebook is blocking Australian users from sharing or viewing news content amid a dispute over a proposed law.  Australia wants tech giants like Facebook and Google to pay for the content reposted from news outlets.“A bombshell decision” is how Facebook’s move is being reported in…


Feb182021 by TechmanNo Comments

Explainer: What’s Up Between Google, Facebook and Australia?

All, Business, News, Technology
For two decades, global news outlets have complained internet companies are getting rich at their expense, selling advertising linked to their reports without sharing revenue. Now, Australia is joining France and other governments in pushing Google, Facebook and other internet giants to pay. That might…


Feb182021 by TechmanNo Comments

Facebook Blocks Australians from Viewing, Sharing News Content

All, Business, News, Technology
Facebook has blocked Australian account holders from viewing or sharing all news content over a dispute with a government proposal to make digital giants pay domestic news outlets for their content.Thursday’s move by the U.S.-based social media company was made despite ongoing negotiations between Facebook…


Feb182021 by TechmanNo Comments

Facebook Blocks Australians From Accessing News on Platform

All, Business, News, Technology
Facebook announced Thursday it has blocked Australians from viewing and sharing news on the platform because of proposed laws in the country to make digital giants pay for journalism.Australian publishers can continue to publish news content on Facebook, but links and posts can't be viewed…


Feb182021 by TechmanNo Comments

Three North Koreans Indicted in Sony Hack

All, Business, News, Technology
The U.S. Justice Department has indicted three North Korean computer programmers for trying to extort and steal more than $1.3 billion as part of a global cyber scheme that included the 2014 hack of Sony Pictures Entertainment.A Canadian American who allegedly laundered some of the…


Feb172021 by TechmanNo Comments

Three North Koreans Charged in Sony Hack

All, Business, News, Technology
The U.S. Justice Department on Wednesday indicted three North Koreans for their alleged role in the 2014 hack of Sony Pictures Entertainment, a scheme that involved efforts to steal and extort more than $1.3 billion in cash and cryptocurrency.A Canadian American who allegedly laundered some…


Feb162021 by TechmanNo Comments

Robotic Toys Teach Language, Science Skills

All, Business, News, Technology
A slew of attractive toy robots on the market today are teaching children important language and science, technology, engineering and math skills, while keeping them entertained. VOA’s Julie Taboh has more.Producer: Julie Taboh/Adam Greenbaum      ...


Feb162021 by TechmanNo Comments

Google to Pay Australia Media Company to Host News Material

All, Business, News, Technology
The information technology giant Google has agreed to pay an Australian media company to host news material ahead of a planned mandatory bargaining code. Google’s deal with Seven West Media, which publishes the Perth-based West Australian newspaper and other titles, is the first of seven such arrangements the tech giant…


Feb162021 by TechmanNo Comments

Parler, Controversial Social Media Service, Comes Back Online

All, Business, News, Technology
Parler, a social media service popular with American right-wing users that virtually vanished shortly after the U.S. Capitol riot, relaunched on Monday and said its new platform was built on “sustainable, independent technology.”Known as an alternative to Twitter, Parler has struggled after Amazon stripped it…


Feb152021 by TechmanNo Comments

NASA Rover Faces ‘7 Minutes of Terror’ Before Landing on Mars 

All, Business, News, Technology
When NASA's Mars rover Perseverance, a robotic astrobiology lab packed inside a space capsule, hits the final stretch of its seven-month journey from Earth this week, it is set to emit a radio alert as it streaks into the thin Martian atmosphere.   By the time that…


Feb122021 by TechmanNo Comments

Biden Team Seeks Pause in US WeChat Ban Litigation

All, Business, News, Technology
The Biden administration asked a U.S. court Thursday to suspend litigation connected to former President Donald Trump's proposed ban on WeChat while it reviews the policy. The Justice Department filed a request with the U.S. Court of Appeals seeking a suspension of the case. That followed action…


Feb122021 by TechmanNo Comments

Microsoft Backs Search Engines Paying for News Worldwide

All, Business, News, Technology
Microsoft on Thursday lobbied for other countries to follow Australia's lead in calling for news outlets to be paid for stories published online, a move opposed by Facebook and Google.Microsoft last week offered to fill the void if rival Google follows through on a threat…


Feb112021 by TechmanNo Comments

Amid Tussle with Twitter, India Warns Social Media Giants

All, Business, News, Technology
India has warned social media giants to comply with local laws or face action amid an escalating dispute with Twitter over the government’s demand that hundreds of accounts be blocked.   Information and Technology Minister Ravi Shankar Prasad told parliament Thursday that “if social media…


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