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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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Feb112025 by TechmanNo Comments

EU’s AI push to get $50 billion boost, EU’s von der Leyen says

All, Business, News, Technology
PARIS — Europe will invest an additional $51.5 billion to bolster the bloc's artificial intelligence ambition, European Commission Ursula von der Leyen said on Tuesday. It will come on top of the European AI Champions Initiative, that has already pledged 150 billion euros from providers, investors…


Feb112025 by TechmanNo Comments

France seeks AI boom, urges EU investment in the sector

All, Business, News, Technology
French President Emmanuel Macron wants Europe to become a leader in the artificial intelligence (AI) sector, he told a global summit of AI and political leaders in Paris Monday where he announced that France’s private sector has invested nearly $113 billion in French AI. Financial…


Feb112025 by TechmanNo Comments

Musk-led group makes $97.4 billion bid for control of OpenAI

All, Business, News, Technology
A consortium led by Elon Musk said Monday it has offered $97.4 billion to buy the nonprofit that controls OpenAI, another salvo in the billionaire's fight to block the artificial intelligence startup from transitioning to a for-profit firm. Musk's bid is likely to ratchet up…


Feb102025 by TechmanNo Comments

On sidelines of AI Summit in Paris, unions denounce its harmful effects

All, Business, News, Technology
PARIS — In front of political and tech leaders gathered at a summit in Paris, French President Emmanuel Macron called for a strategy on Monday to make up for the delay in France and Europe in investing in artificial intelligence (AI) but was faced with a…


Feb102025 by TechmanNo Comments

High-stakes AI summit in Paris: World leaders, tech titans and challenging diplomatic talks

All, Business, News, Technology
PARIS — Major world leaders are meeting for an AI summit in Paris, where challenging diplomatic talks are expected as tech titans fight for dominance in the fast-moving technology industry. Heads of state, top government officials, CEOs and scientists from around 100 countries are participating in…


Feb72025 by TechmanNo Comments

Trump signals his support for cryptocurrency

All, Business, News, Technology
U.S. President Donald Trump says he wants to make the United States the cryptocurrency capital of the world. He is putting his plan into place in the early weeks of his second presidential term. VOA's Michelle Quinn has the story. ...


Feb72025 by TechmanNo Comments

VOA Mandarin: China’s DeepSeek banned by several countries out of censorship fear 

All, Business, News, Technology
Several governments, including the U.S., Taiwan and Australia, have banned the use of China’s AI software DeepSeek on official devices. Analysts say these restrictions are justified, as tests show DeepSeek not only collects excessive user data but also filters sensitive topics and promotes Chinese government…


Feb62025 by TechmanNo Comments

Robots learn problem-solving from each other, internet

All, Business, News, Technology
Robots with reasoning power are becoming a reality thanks to massive amounts of training data and breakthroughs in artificial intelligence. VOA's Matt Dibble visits a lab where robots are learning to solve problems themselves. Cameras: Matt Dibble, Tina Trinh. ...


Feb62025 by TechmanNo Comments

House lawmakers push to ban AI app DeepSeek from US government devices

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WASHINGTON — A bipartisan duo in the U.S. House is proposing legislation to ban the Chinese artificial intelligence app DeepSeek from federal devices, similar to the policy already in place for the popular social media platform TikTok. Lawmakers Josh Gottheimer, a Democrat from New Jersey, and…


Feb52025 by TechmanNo Comments

Former Google engineer faces new US charges he stole AI secrets for Chinese companies

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U.S. prosecutors on Tuesday unveiled an expanded 14-count indictment accusing former Google software engineer Linwei Ding of stealing artificial intelligence trade secrets to benefit two Chinese companies he was secretly working for.  Ding, 38, a Chinese national, was charged by a federal grand jury in…


Feb42025 by TechmanNo Comments

France pitches AI summit as ‘wake-up call’ for Europe

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PARIS — France hosts top tech players next week at an artificial intelligence summit meant as a "wake-up call" for Europe as it struggles with AI challenges from the United States and China. Players from across the sector and representatives from 80 nations will gather in…


Feb22025 by TechmanNo Comments

UK to become 1st country to criminalize AI child abuse tools

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LONDON — Britain will become the first country to introduce laws against AI tools used to generate sexual abuse images, the government announced Saturday. The government will make it illegal to possess, create or distribute AI tools designed to generate sexualized images of children, punishable by…


Jan312025 by TechmanNo Comments

DeepSeek vs. ChatGPT fuels debate over AI building blocks

All, Business, News, Technology
SEOUL, SOUTH KOREA — When Chinese startup DeepSeek released its AI model this month, it was hailed as a breakthrough, a sign that China’s artificial intelligence companies could compete with their Silicon Valley counterparts using fewer resources. The narrative was clear: DeepSeek had done more with…


Jan312025 by TechmanNo Comments

Nigerian initiative paves way for deaf inclusion in tech

All, Business, News, Technology
An estimated nine million Nigerians are deaf or have hearing impairments, and many cope with discrimination that limits their access to education and employment. But one initiative is working to change that — empowering deaf people with tech skills to improve their career prospects. Timothy…


Jan302025 by TechmanNo Comments

Microsoft, Meta CEOs defend hefty AI spending after DeepSeek stuns tech world

All, Business, News, Technology
Days after Chinese upstart DeepSeek revealed a breakthrough in cheap AI computing that shook the U.S. technology industry, the chief executives of Microsoft and Meta defended massive spending that they said was key to staying competitive in the new field. DeepSeek's quick progress has stirred…


Jan302025 by TechmanNo Comments

Chinese app shakes up AI race

All, Business, News, Technology
A small Chinese company sent shockwaves around the tech world this week with news that it has created a high-performing artificial intelligence system with less computing power and at a lower cost than ones made by U.S. tech giants. Michelle Quinn reports. ...


Jan302025 by TechmanNo Comments

Generative AI makes Chinese, Iranian hackers more efficient, report says

All, Business, News, Technology
A report issued Wednesday by Google found that hackers from numerous countries, particularly China, Iran and North Korea, have been using the company’s artificial intelligence-enabled Gemini chatbot to supercharge cyberattacks against targets in the United States. The company found — so far, at least —…


Jan292025 by TechmanNo Comments

Truth struggles against propaganda and censorship on China’s DeepSeek AI

All, Business, News, Technology
Washington — Just one week after its initial release, China’s new artificial intelligence assistant, DeepSeek, has shocked American financial markets, technology companies and consumers, rocking confidence in America's lead on emerging large-language models. The tool caused a nearly $1 trillion loss in market value for U.S.-based…


Jan282025 by TechmanNo Comments

AI technology helps boost forest conservation in Kenya

All, Business, News, Technology
Conservationists in Kenya are using an artificial intelligence-powered application to monitor forest degradation and launch reforestation. The data collected by the application is also used to project the amount of carbon that can be stored by a growing patch of forest. Juma Majanga reports from…


Jan282025 by TechmanNo Comments

China’s DeepSeek AI rattles Wall Street, but questions remain

All, Business, News, Technology
Chinese researchers backed by a Hangzhou-based hedge fund recently released a new version of a large language model (LLM) called DeepSeek-R1 that rivals the capabilities of the most advanced U.S.-built products but reportedly does so with fewer computing resources and at much lower cost. High…


Jan282025 by TechmanNo Comments

VOA Mandarin: What is Stargate? Is China catching up in AI?

All, Business, News, Technology
The multibillion-dollar Stargate Project announced by U.S. President Donald Trump will focus on building data centers with the goal of turning the U.S. into a computing power empire, according to experts. Some believe the significant boost in U.S. computational capabilities will widen the gap with…


Jan272025 by TechmanNo Comments

DeepSeek’s ‘Sputnik moment’ prompts investors to sell big AI players 

All, Business, News, Technology
LONDON/SINGAPORE — Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on Western companies' dominance in this sector.  Startup DeepSeek last week launched a free assistant it says uses…


Jan262025 by TechmanNo Comments

Kenyan tech firm turns plastic waste into 3D images; boosts learning, cuts emissions

All, Business, News, Technology
Plastic waste accounts for 10 to 12 percent of all solid waste in Kenya, according to the United Nations Environmental Program. A Kenyan tech company is using plastic waste to print 3D models that help college students with their learning while reducing damage to the…


Jan262025 by TechmanNo Comments

Trump discussing TikTok purchase with multiple people; decision in 30 days

All, Business, News, Technology
ABOARD AIR FORCE ONE — U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular app's future in the next 30 days. "I have spoken to many people about TikTok…


Jan252025 by TechmanNo Comments

Big Tech wants data centers plugged into power plants; utilities balk

All, Business, News, Technology
HARRISBURG, PENNSYLVANIA — Looking for a quick fix for their fast-growing electricity diets, tech giants are increasingly looking to strike deals with power plant owners to plug in directly, avoiding a potentially longer and more expensive process of hooking into a fraying electric grid that serves…


Jan252025 by TechmanNo Comments

App provides immediate fire information to Los Angeles residents

All, Business, News, Technology
OAKLAND, CALIFORNIA — From his home in northern California, Nick Russell, a former farm manager, is monitoring the Los Angeles-area fires. He knows that about 600 kilometers south, people in Los Angeles are relying on his team’s live neighborhood-by-neighborhood updates on fire outbreaks, smoke direction, surface…


Jan232025 by TechmanNo Comments

Trump signs executive orders on AI, cryptocurrency and issues more pardons

All, Business, News, Technology
WASHINGTON — U.S. President Donald Trump on Thursday signed an executive order related to AI to "make America the world capital in artificial intelligence," his aide told reporters in the White House's Oval Office. The order sets a 180-day deadline for an Artificial Intelligence Action Plan…


Jan232025 by TechmanNo Comments

UK watchdog targets Apple, Google mobile ecosystems with new digital market powers

All, Business, News, Technology
London — Google's Android and Apple's iOS are facing fresh scrutiny from Britain's competition watchdog, which announced investigations Thursday targeting the two tech giants' mobile phone ecosystems under new powers to crack down on digital market abuses.  The Competition and Markets Authority said it launched separate…


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