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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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Mar162020 by TechmanNo Comments

Reports: US Health & Human Services Department Hacked

All, Business, News, Technology
The U.S. Health and Human Services (HHS) department suffered a cyberattack Sunday night, according to news reports.The attack, first reported by Bloomberg, took place as the United States is enacted new measures to quell the spread of the novel coronavirus.Sources say the attack was geared…


Mar142020 by TechmanNo Comments

Apple to Close Retail Stores Worldwide, Except Greater China, Until March 27

All, Business, News, Technology
Apple Inc said late on Friday it will close all its retail stores, except those in Greater China, for the next two weeks to minimize the risk of coronavirus transmission."We will be closing all of our retail stores outside of Greater China until March 27,"…


Mar142020 by TechmanNo Comments

Bill Gates Says He Is Stepping Down From Microsoft Board

All, Business, News, Technology
Microsoft co-founder Bill Gates said Friday he is stepping down from the company's board to focus on philanthropy.Gates was Microsoft's CEO until 2000 and since then has gradually scaled back his involvement in the company he started with Paul Allen in 1975.He transitioned out of…


Mar132020 by TechmanNo Comments

Pentagon Reconsiders Microsoft Contract After Amazon Protest

All, Business, News, Technology
The Pentagon is reconsidering its awarding of a major cloud computing contract to Microsoft after rival tech giant Amazon protested what it called a flawed bidding process.U.S. government lawyers said in a court filing this week that the Defense Department "wishes to reconsider its award…


Mar122020 by TechmanNo Comments

US Senators Seek to Ban Federal Employees From Using TikTok on Their Phones

All, Business, News, Technology
Two Republican senators on Thursday introduced a bill aimed at banning federal employees from using Chinese social media app TikTok on their government-issued phones, amid growing national security concerns around the collection and sharing of data on U.S. users with China's government.The bill by Senators…


Mar112020 by TechmanNo Comments

US Needs Top Cyber Coordinator, Better Hacker ‘Deterrence’: Panel

All, Business, News, Technology
The US needs a top-level cybersecurity coordinator and a better strategy of "deterrence" to protect against hackers and other cyber threats, a congressionally mandated commission said Wednesday.Defense in cyberspace requires a series of government reforms and policies to strike back at attackers, according to the…


Mar92020 by TechmanNo Comments

SpaceX’s 20th Station Shipment Arrives With Candy, Science

All, Business, News, Technology
A SpaceX cargo ship arrived at the International Space Station on Monday, delivering the company's 20th batch of gear and treats.The Dragon capsule reached the orbiting lab after launching late Friday night. NASA astronauts Andrew Morgan and Jessica Meir used the station's robot arm to…


Mar72020 by TechmanNo Comments

Tangled Web of Russia’s Cyber Underground Further Exposed in US Hacker Trial

All, Business, News, Technology
In March 2012, a 25-year-old Russian computer whiz named Yevgeny Nikulin sat with several others in a conference room in a hotel in eastern Moscow. A video taken by a Ukrainian named Oleksandr Ieremenko showed them discussing plans for an Internet cafe business and other…


Mar52020 by TechmanNo Comments

China’s Uighurs Trapped in Factory Toiling for Tech Titans

All, Business, News, Technology
In a lively Muslim quarter of Nanchang city, a sprawling Chinese factory turns out computer screens, cameras and fingerprint scanners for a supplier to international tech giants such as Apple and Lenovo. Throughout the neighborhood, women in headscarves stroll through the streets, and Arabic signs…


Mar52020 by TechmanNo Comments

US Senator Proposes TikTok Ban for Government Workers

All, Business, News, Technology
A U.S. senator is introducing legislation that would ban government employees from using the social media app TikTok on their government devices.Josh Hawley, a Republican representing the state of Missouri, said at a hearing Wednesday the data the Chinese-owned app collects and the potential for…


Mar52020 by TechmanNo Comments

Latvia Joins US in Call for ‘Trustworthy’ 5G Hardware

All, Business, News, Technology
The United States appears to have found a new partner in its drive to discourage European allies from building their 5G telecommunication networks with Chinese equipment.In a joint declaration last week, the U.S. and the Baltic nation of Latvia agreed to encourage the use of…


Mar52020 by TechmanNo Comments

Artificial Intelligence Monitors and May Protect Firefighters

All, Business, News, Technology
Firefighters who run into burning buildings or attack wildfires face considerable risks despite their protective gear.  Until recent trials in Spain, central command centers had no way to monitor the health of their teams.  VOA’s Arash Arabasadi reports that recently changed because of one inventive…


Mar52020 by TechmanNo Comments

Twitter Staff Told to Work From Home Over Virus Fears

All, Business, News, Technology
Twitter staff across the world were asked to work from home starting Monday in an effort to stop the spread of the deadly new coronavirus epidemic.At the same time, thousands of staff at Google's European headquarters in Ireland were told to stay away for the…


Feb262020 by TechmanNo Comments

Technology Serves Up Hot Meals for Hungry Kids in Kenya

All, Business, News, Technology
Technology is finally able to make food appear. With help from a local NGO, hungry kids in Kenya can now get a hot lunch for a few pennies with just a tap of their wrists. It happens using short-range Wi-Fi, as VOA's Arash Arabasadi reports.…


Feb242020 by TechmanNo Comments

Britain’s Top Cop Calls for Law on Police Use of Artificial Intelligence

All, Business, News, Technology
Britain's most senior police officer on Monday called on the government to create a legal framework for police use of new technologies such as artificial intelligence.Speaking about live facial recognition, which police in London started using in January, London police chief Cressida Dick said that…


Feb242020 by TechmanNo Comments

NASA Says Pioneering Black Mathematician Katherine Johnson Has Died

All, Business, News, Technology
NASA says Katherine Johnson, a mathematician who worked on NASA's early space missions and was portrayed in the film “Hidden Figures,” about pioneering black female aerospace workers, has died.     In a Monday morning tweet, the space agency said it celebrates her 101 years…


Feb202020 by TechmanNo Comments

New Mexico Sues Google over Collection of Children’s Data

All, Business, News, Technology
New Mexico's attorney general sued Google Thursday over allegations the tech company is illegally collecting personal data generated by children in violation of federal and state laws.The lawsuit filed in U.S. District Court in Albuquerque claims Google is using its education services package that is…


Feb202020 by TechmanNo Comments

Google Updates Terms in Plain Language After EU Scrutiny

All, Business, News, Technology
Google is attempting to make sure people know exactly what they're signing up for when they use its online services — though that will still mean reading a lengthy document.The company updated its terms of service on Thursday — its largest update to the general…


Feb192020 by TechmanNo Comments

Barr Asks: Should Facebook, Google Be Liable for User Posts?

All, Business, News, Technology
U.S. Attorney General William Barr on Wednesday questioned whether Facebook, Google and other major online platforms still need the immunity from legal liability that has prevented them from being sued over material their users post. "No longer are tech companies the underdog upstarts. They have become titans," Barr said at a…


Feb192020 by TechmanNo Comments

US Judge Dismisses Huawei Lawsuit Over Government Contracts Ban

All, Business, News, Technology
A federal judge in Texas has dismissed Chinese tech giant Huawei's lawsuit challenging a U.S. law that bars the government and its contractors from using Huawei equipment because of security concerns.The lawsuit, filed last March, sought to declare the law unconstitutional. Huawei argued the law…


Feb182020 by TechmanNo Comments

Spain Looks to Adopt Digital Tax That Has Angered the US

All, Business, News, Technology
Spain’s government approved Tuesday the introduction of new taxes on digital business and stock market transactions, following similar steps by other European countries.The Cabinet agreed at its weekly meeting to adopt the so-called Google tax and Tobin tax. The measures still require parliament’s approval.Finance Minister…


Feb182020 by TechmanNo Comments

As The Digital World Occupies More of Our Time, Wellness Guides Emerge

All, Business, News, Technology
As some of the negative effects of life lived online become more apparent, “digital wellness” groups are promoting ways to maintain healthy lifestyles. Deana Mitchell reports  ...


Feb172020 by TechmanNo Comments

Program Strives to Help Women Students in Tech Feel Less Isolated

All, Business, News, Technology
Women and minorities pursuing computer science degrees often feel alone and isolated, since the field is overwhelmingly dominated by men. While about 60 percent of all 2017 bachelor’s degree recipients in the U.S. were women, only about 20 percent of Computer and Information Science bachelor’s…


Feb172020 by TechmanNo Comments

Facebook Warns of Risks to Innovation, Freedom of Expression ahead of EU Rules

All, Business, News, Technology
Facebook warned of threats to innovation and freedom of expression on Monday, ahead of the release of a raft of rules by the European Union this week and in coming months to rein in U.S. tech giants and Chinese companies.The social media giant laid out…


Feb172020 by TechmanNo Comments

Innovative Program Empowers Female Students in Technology

All, Business, News, Technology
Women and minorities pursuing computer science degrees often feel alone and isolated, since the field is overwhelmingly dominated by men. While about 60 percent of all 2017 bachelor’s degree recipients in the U.S. were women, only about 20 percent of Computer and Information Science bachelor’s…


Feb162020 by TechmanNo Comments

The Story of A Modern Teenage Cyborg

All, Business, News, Technology
It seems inevitable that in this era of smart technology people would begin to think of ways to make their tech part of their body. Today, people have the ability to change themselves in new and unprecedented ways – and a 19-year-old Kai Landre is…


Feb142020 by TechmanNo Comments

Facebook to Allow Paid Political Messages That Aren’t Ads

All, Business, News, Technology
Facebook decided Friday to allow a type of paid political message that had sidestepped many of the social network's rules governing political ads. Its policy change came days after presidential candidate Michael Bloomberg exploited a loophole to run such humorous messages promoting his campaign on the accounts…


Feb142020 by TechmanNo Comments

Zuckerberg Accepts That Facebook May Have to Pay More Taxes

All, Business, News, Technology
Facebook CEO Mark Zuckerberg plans to throw his support behind international reforms that would require Silicon Valley tech giants to pay more tax in Europe.      The billionaire social network founder is due to meet members of the European Union's executive Commission in Brussels…


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