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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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Feb42025 by TechmanNo Comments

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

All, Business, News, Technology
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

All, Business, News, Technology
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…


Jan232025 by TechmanNo Comments

Trump signals aggressive stance as US races China in AI development

All, Business, News, Technology
Before he had been in office for 48 hours, President Donald Trump sent a clear signal that to outpace China, his administration will be pursuing an aggressive agenda when it comes to pushing the United States forward on the development of artificial intelligence and the…


Jan222025 by TechmanNo Comments

TikTok’s US reprieve comes as other countries limit social media use

All, Business, News, Technology
Singapore — TikTok’s short-lived shutdown in the United States has opened a wider debate in other countries regarding access to popular social media platforms by children. TikTok went dark temporarily Sunday in the U.S. after a new law banning it went into effect. The law required…


Jan222025 by TechmanNo Comments

TikTok’s US survival hinges on President Trump

All, Business, News, Technology
Millions of U.S. TikTok users are looking to newly sworn-in President Donald Trump, who has given the app’s Chinese parent, ByteDance, 75 days to strike a deal with a U.S. buyer. ...


Jan222025 by TechmanNo Comments

Trump highlights partnership investing $500B in AI

All, Business, News, Technology
WASHINGTON — President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle and SoftBank.  The new entity, Stargate, will start building data centers and the electricity generation…


Jan202025 by TechmanNo Comments

 TikTok restores US services after Trump promise to delay ban  

All, Business, News, Technology
Washington — TikTok restored services to users in the United States on Sunday after briefly blocking access due to a U.S. law banning the social media platform based on national security concerns.  The situation played out amid the change in U.S. administrations as President-elect Donald Trump…


Jan202025 by TechmanNo Comments

India’s ‘digital arrest’ scammers stealing savings of citizens

All, Business, News, Technology
Bengaluru, India — Within five hours, while sitting at home in India, retired professor Kamta Prasad Singh handed over his hard-earned savings to online fraudsters impersonating police. The cybercrime known as "digital arrest" — where fraudsters pose online as law enforcement officials and order people to…


Jan202025 by TechmanNo Comments

How TikTok grew from a fun app for teens into a potential national security threat

All, Business, News, Technology
SAN FRANCISCO — If it feels like TikTok has been around forever, that's probably because it has, at least if you're measuring via internet time. What's now in question is whether it will be around much longer and, if so, in what form? Starting in 2017,…


Jan192025 by TechmanNo Comments

TikTok: it’s restoring service to US users based on Trump’s promised executive order 

All, Business, News, Technology
Washington — TikTok said Sunday it was restoring service to users in the United States after the popular video-sharing platform went dark in response to a federal ban that President-elect Donald Trump said he would try to pause by executive order on his first day in…


Jan192025 by TechmanNo Comments

TikTok goes dark for US users; company pins hope on Trump

All, Business, News, Technology
WASHINGTON — TikTok stopped working in the United States late on Saturday and disappeared from Apple and Google app stores ahead of a law that takes effect Sunday requiring the shutdown of the app used by 170 million Americans. President-elect Donald Trump said earlier in the…


Jan182025 by TechmanNo Comments

SpaceX says fire could have caused Starship to break, spew debris near Caribbean

All, Business, News, Technology
SpaceX says a fire might have caused its Starship to break during liftoff and send trails of flaming debris near the Caribbean. SpaceX's Elon Musk said preliminary indications are that leaking fuel built up pressure in the cavity above the engine firewall. The resulting fire…


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