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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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Jan122021 by TechmanNo Comments

Parler Social Network Sues Amazon After Ban

All, Business, News, Technology
Social media platform Parler has sued Amazon in response to being removed from Amazon Web Services (AWS), the company's web hosting services. Calling the deplatforming a "death blow," Parler said Amazon engaged in antitrust violations, breached its contract with Parler and interfered with the company's business…


Jan122021 by TechmanNo Comments

Facebook Shuts Down Accounts Linked to Ugandan Information Ministry 

All, Business, News, Technology
Facebook has shut down several accounts of a network in Uganda linked to the country’s Ministry of Information. The social media company accused the network of using fake accounts to promote the ruling party and the president.The Facebook accounts shut down were allegedly linked to…


Jan112021 by TechmanNo Comments

Facebook Shuts Down Ugandan Government-Linked Accounts Ahead of General Election 

All, Business, News, Technology
Facebook has taken down several accounts linked to the government of Ugandan President Yoweri Museveni, saying they were being used to manipulate public opinion ahead of this week’s presidential election.   The U.S.-based social media giant said Monday it linked the network of accounts to…


Jan112021 by TechmanNo Comments

Parler Social Network Service Loses Web Hosting

All, Business, News, Technology
Parler, a social network service popular with conservatives, went offline Monday after its web hosting service Amazon suspended it for allowing posts that encourage violence.   Before the site went down, Parler CEO John Matze accused Amazon and other tech giants of a “war on…


Jan102021 by TechmanNo Comments

Apple, Amazon Suspend Parler Social Network from App Store, Web Hosting Service

All, Business, News, Technology
Apple Inc and Amazon.com Inc have suspended Parler from their respective App Store and web hosting service, saying the social networking service popular with many right-leaning social media users has not taken adequate measures to prevent the spread of posts inciting violence.The action by Apple…


Jan92021 by TechmanNo Comments

Twitter Bans Trump, Removes Tweet by Iran’s Khamenei on Same Day, Sparking ‘Double Standards’ Backlash

All, Business, News, Technology
U.S. tech giant Twitter took sharply different actions against the leaders of the U.S. and Iran on Friday, permanently banning President Donald Trump’s personal account while removing one tweet from Ayatollah Ali Khamenei’s apparent English account and suspending new posts on it.The greater severity of…


Jan92021 by TechmanNo Comments

Google Suspends Parler App From Its Play Store; Apple Gives 24-hour Warning 

All, Business, News, Technology
Alphabet's Google on Friday suspended the Parler social networking app from its Play Store until the app adds robust content moderation, while Apple gave the service 24 hours to submit a detailed moderation plan.Parler is a social network to which many supporters of President Donald…


Jan82021 by TechmanNo Comments

Giant US Consumer Tech Show Goes On — Online

All, Business, News, Technology
As a major showcase for the latest innovations in consumer technology, the Consumer Electronics Show typically draws over 170,000 attendees from all over the world. But this year, it's going all digital for the first time in its history. VOA's Tina Trinh reports. Produced by:…


Jan82021 by TechmanNo Comments

COVID Pandemic Pushes Companies to Start VR Training

All, Business, News, Technology
With in-person coaching off the table because of the COVID pandemic, hundreds of companies nationwide are using virtual reality training to help employees master some essential skills. Maxim Moskalkov has the story.Camera: Aleksandr Bergan     ...


Jan82021 by TechmanNo Comments

Facebook Suspends Trump’s Account in Wake of US Capitol Violence

All, Business, News, Technology
Facebook CEO Mark Zuckerberg said Thursday President Donald Trump’s Facebook and Instagram accounts will be suspended at least through Inauguration Day in the wake of violence by the president’s supporters that erupted Wednesday at the U.S. Capitol.“We believe the risks of allowing the President to…


Jan72021 by TechmanNo Comments

Facebook, YouTube Pull Trump Video; Twitter Locks Trump Account

All, Business, News, Technology
Facebook and Alphabet’s YouTube took down a video from President Donald Trump on Wednesday that continued to make the baseless claim the election was fraudulent as he told supporters who had stormed the U.S. Capitol to go home.Twitter restricted users from retweeting the video "due…


Jan62021 by TechmanNo Comments

US Justice Department Confirms It Was Victim of SolarWinds Hack

All, Business, News, Technology
The U.S. Department of Justice confirmed on Wednesday that it had been the victim of a massive hacking operation linked to Russian intelligence.  In a statement, Justice Department spokesman Marc Raimondi said about 3% of the agency’s email accounts appeared to have been compromised, although…


Jan62021 by TechmanNo Comments

SolarWinds Hack ‘Likely Russian’, US Intelligence Confirms

All, Business, News, Technology
U.S. intelligence officials investigating last month's massive cybersecurity breach that impacted thousands of companies and dozens of government agencies warn the hack is part of an ongoing intelligence operation, likely being carried out by Russia. The public conclusion, shared Tuesday by the Federal Bureau of Investigation…


Jan62021 by TechmanNo Comments

US Intelligence Confirms SolarWinds Hack ‘Likely Russian’

All, Business, News, Technology
U.S. intelligence officials investigating last month's massive cybersecurity breach that impacted thousands of companies and dozens of government agencies warn the hack is part of an ongoing intelligence operation, likely being carried out by Russia. The public conclusion, shared Tuesday by the Federal Bureau of Investigation…


Jan62021 by TechmanNo Comments

Trump Bans Transactions with 8 Chinese Apps Including Alipay

All, Business, News, Technology
U.S. President Donald Trump on Tuesday signed an executive order banning transactions with eight Chinese software applications, including Ant Group's Alipay, the White House said, escalating tensions with Beijing before President-elect Joe Biden takes office this month. The order, first reported by Reuters, tasks the Commerce…


Jan52021 by TechmanNo Comments

Online Collaboration Tool Slack Suffers Global Outage

All, Business, News, Technology
Online communication and collaboration service Slack reported a global outage Monday, as millions returned to work after the Christmas and New Year’s holidays."Our team is currently investigating, and we're sorry for any troubles this may be causing," Slack said in a statement.Slack has seen its…


Jan42021 by TechmanNo Comments

Google Employees Form Workers’ Union in United States

All, Business, News, Technology
More than 200 Google employees in the United States have formed a workers' union, the elected leaders of the union wrote in a New York Times opinion piece on Monday.   The "Alphabet Workers Union" aims to ensure that employees work at a fair wage,…


Dec312020 by TechmanNo Comments

SolarWinds Hackers Accessed Microsoft Source Code, Microsoft Says

All, Business, News, Technology
The hacking group behind the SolarWinds compromise was able to break into Microsoft Corp. and access some of its source code, Microsoft said Thursday. In a blog post, Microsoft said its investigation into the SolarWinds breach had turned up irregularities with a "small number of internal…


Dec282020 by TechmanNo Comments

US Approves Delivery Drones Over Populated Areas

All, Business, News, Technology
In the not-so-distant future, America's evening skies could be filled with the buzzing sounds of delivery drones.On Monday, the Federal Aviation Administration (FAA) approved the use of delivery drones over populated areas at night. Many see the move as the next step to widespread adoption of…


Dec262020 by TechmanNo Comments

Pandemic Helper? Technology Succeeds, Falls Short During the Crisis

All, Business, News, Technology
People around the world turned to technology to help them get through the pandemic, but in some key ways tech fell short. Michelle Quinn reports.Videographer:  Deana Mitchell, Matt Dibble ...


Dec242020 by TechmanNo Comments

Suspected Russian Hackers Used Microsoft Vendors to Breach Customers 

All, Business, News, Technology
The suspected Russian hackers behind the worst U.S. cyberattack in years used reseller access to Microsoft Corp. services to penetrate targets that had no compromised network software from SolarWinds Corp., investigators said.Updates to SolarWinds' Orion software were the only known point of entry until Thursday, when…


Dec242020 by TechmanNo Comments

SolarWinds Hackers ‘Impacting’ State, Local Governments, US Cyber Agency Says

All, Business, News, Technology
The U.S. cybersecurity agency said on Wednesday that a sprawling cyber espionage campaign made public earlier this month is affecting state and local governments, although it released few additional details.The hacking campaign, which used U.S. tech company SolarWinds as a springboard to penetrate federal government…


Dec232020 by TechmanNo Comments

Twitter Followers of US Government Accounts Won’t Transfer to Biden

All, Business, News, Technology
Twitter said Tuesday it would not automatically transfer the millions of followers of official Trump administration accounts to the incoming Biden administration but instead would give users the option to continue or not. The move affects followers of government-led accounts such as @WhiteHouse and @POTUS, which…


Dec212020 by TechmanNo Comments

US Lawmakers to Allocate Nearly $2B to Replace Chinese Telecom Equipment, Source Says

All, Business, News, Technology
U.S. lawmakers are expected to endorse $1.9 billion to fund a program to remove telecom network equipment that the U.S. government says poses national security risks as part of a year-end spending bill and COVID-19 bill, a source briefed on the matter said on Sunday.Lawmakers…


Dec182020 by TechmanNo Comments

Growing Calls for US to Retaliate for Massive Cyber Hack

All, Business, News, Technology
U.S. lawmakers briefed on the massive cybersecurity breach that has impacted government agencies and the private sector are calling for the country to act, warning that so far, all evidence is pointing to Russia as the culprit. The admonitions, from both Republicans and Democrats, follow warnings…


Dec182020 by TechmanNo Comments

China Turns Up Heat on Country’s Tech Giants

All, Business, News, Technology
In recent weeks, Chinese regulators have cracked down on some of the country's biggest and most powerful technology companies, illustrating the immense market power of these companies, which has drawn concern from the government. On Monday, the State Administration for Market Regulation (SAMR), China's top market…


Dec182020 by TechmanNo Comments

Alibaba Facial Recognition Tech Specifically Picks Out Uighur Minority, Report Shows

All, Business, News, Technology
Technology giant Alibaba Group Holding Ltd. has facial recognition technology that can specifically pick out members of China's Uighur minority, surveillance industry researcher IPVM said in a report. Alibaba itself said it was dismayed a unit developed software that can tag ethnicity in videos, and that…


Dec172020 by TechmanNo Comments

38 States Sue Google Over Antitrust Complaints

All, Business, News, Technology
The lawsuits against Alphabet Inc.'s Google continue to pile up. On December 17, 38 states filed a joint antitrust complaint that accuses the tech giant of expanding its search monopoly through smart speakers, televisions and cars, according to Reuters. It is the third major lawsuit against…


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