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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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Feb242025 by TechmanNo Comments

Apple to build 23,200-square meter facility in Texas

All, Business, News, Technology
U.S. tech giant Apple has announced plans to create some 20,000 jobs and invest $500 billion over the next four years in the United States.  Apple says it will expand teams and facilities in nine states across the country and that it aims to open…


Feb242025 by TechmanNo Comments

Australia fines Telegram for delay in answering child abuse, terror questions

All, Business, News, Technology
Sydney — Australia's online safety regulator fined messaging platform Telegram about $640,000 on Monday for its delay in answering questions about measures the app took to prevent the spread of child abuse and violent extremist material. The eSafety Commission in March 2024 sought responses from social…


Feb232025 by TechmanNo Comments

Rich in cash, Japan automaker Toyota builds city to test futuristic mobility

All, Business, News, Technology
SUSONO — Woven City near Mount Fuji is where Japanese automaker Toyota plans to test everyday living with robotics, artificial intelligence and autonomous zero-emissions transportation. Daisuke Toyoda, an executive in charge of the project from the automaker's founding family, stressed it's not "a smart city." "We're…


Feb202025 by TechmanNo Comments

VOA Mandarin: How will China help developing countries promote AI?

All, Business, News, Technology
After China’s DeepSeek gained global recognition, some argue that the U.S.-China rivalry in AI may be upended. In addition, the Chinese Communist Party is actively offering to help developing countries strengthen their AI capacity building. Observers said that China is selling its AI software to…


Feb202025 by TechmanNo Comments

EU approves $960 million in German aid for Infineon chips plant

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BRUSSELS — The European Commission said Thursday it had approved 920 million-euro of German state aid, or $960 million, to Infineon Technologies for the construction of a new semiconductor manufacturing plant in Dresden. The measure will allow Infineon to complete the MEGAFAB-DD project, which will be…


Feb192025 by TechmanNo Comments

VOA Mandarin: Chinese netizens prefer DeepSeek to Musk’s Grok 3

All, Business, News, Technology
WASHINGTON — Chinese social media users are not impressed by the newly released AI model Grok 3 by Elon Musk's xAI, retaining their preference and support for DeepSeek, the free China-made AI model that rivals leading Western competitors while costing significantly less to train. Click here…


Feb192025 by TechmanNo Comments

Does AI detect breast cancer better than doctors can?

All, Business, News, Technology
A recent study found doctors were able to detect breast cancer more often when they used artificial intelligence to help read mammogram results. As VOA’s Dora Mekouar reports, AI helped boost the breast cancer detection rate by more than 17%. ...


Feb192025 by TechmanNo Comments

Solar refrigerators in Kenya reduce food waste

All, Business, News, Technology
NAIROBI, KENYA — Milk and egg vendor Caroline Mukundi has lost a lot of her stock in her years of selling fresh food at a Nairobi market. Mukundi said she had no way to keep food fresh, and the cost of refrigerating was out of reach.…


Feb182025 by TechmanNo Comments

Philippines reports intrusions targeting intelligence data

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Manila, Philippines — The Philippines has detected foreign attempts to access intelligence data, but its cyber minister said on Tuesday no breaches have been recorded so far. Attempts to steal data are wide-ranging, said minister for information and communications Ivan Uy. Advanced Persistent Threats or APTs…


Feb172025 by TechmanNo Comments

New downloads of DeepSeek suspended in South Korea, data protection agency says

All, Business, News, Technology
SEOUL, SOUTH KOREA — South Korea's data protection authority on Monday said new downloads of the Chinese AI app DeepSeek had been suspended in the country after DeepSeek acknowledged failing to take into account some of the agency's rules on protecting personal data. The service of…


Feb152025 by TechmanNo Comments

No need for one country to control chip industry, Taiwan official says

All, Business, News, Technology
TAIPEI, TAIWAN — There is no need for one country to control the semiconductor industry, which is complex and needs a division of labor, Taiwan's top technology official said on Saturday after U.S. President Donald Trump criticized the island's chip dominance. Trump repeated claims on Thursday…


Feb142025 by TechmanNo Comments

Taiwan pledges chip talks and investment in bid to ease Trump’s concerns 

All, Business, News, Technology
TAIPEI — Taiwan President Lai Ching-te pledged on Friday to talk with the United States about President Donald Trump’s concerns over the chip industry and to increase U.S. investment and buy more from the country, while also spending more on defense. Trump spoke critically about Taiwan…


Feb142025 by TechmanNo Comments

Google drops pledge against AI for weapons, surveillance

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Technology company Google recently broke with its long-standing policy against developing AI weapons. VOA's Matt Dibble has more from Silicon Valley. ...


Feb132025 by TechmanNo Comments

Global AI race is on, world leaders say at Paris summit

All, Business, News, Technology
At this week’s Artificial Intelligence Action Summit in Paris, world leaders and technologists gathered to discuss the rapidly evolving field of generative artificial intelligence. Many are eager to join the global AI race, while others are proceeding with caution. Tina Trinh reports. ...


Feb132025 by TechmanNo Comments

Chinese apps face scrutiny in US but users keep scrolling 

All, Business, News, Technology
Seoul — As a high school junior in the Maryland suburbs of Washington, Daneel Kutsenko never gave much thought to China. Last month, though, as the U.S. government prepared to ban TikTok – citing national security concerns about its Chinese ownership – Kutsenko downloaded RedNote, another…


Feb122025 by TechmanNo Comments

Vance stakes claim to US leadership in AI

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U.S. Vice President J.D. Vance on Tuesday vowed that the United States would maintain its leadership position in the development of advanced artificial intelligence and warned leaders of other countries not to adopt regulatory standards that might "kill" the new technology "just as it's taking…


Feb112025 by TechmanNo Comments

Europe announces plans to ease AI regulations in bid to become heavyweight

All, Business, News, Technology
Europe says it will ease regulations on artificial intelligence at a key AI summit in Paris on Feb. 11, 2025, that brought together the U.S. and other global tech giants and politicians. But some experts see bigger challenges stalling the bloc’s ambitions to be an…


Feb112025 by TechmanNo Comments

Vance tells Europeans that heavy regulation could kill AI 

All, Business, News, Technology
Paris — U.S. Vice President JD Vance told Europeans on Tuesday their "massive" regulations on artificial intelligence could strangle the technology, and rejected content moderation as "authoritarian censorship." The mood on AI has shifted as the technology takes root, from one of concerns around safety to…


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

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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

All, Business, News, Technology
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

All, Business, News, Technology
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…


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