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Economy Technology

Musk Says Twitter Is Losing Cash Because Advertising Is Down and the Company Is Carrying Heavy Debt

By Ytech on Sunday, July 16, 2023

Elon Musk says Twitter is still losing cash because advertising has dropped by half. In a reply to a tweet offering business advice, Musk tweeted Saturday, “We’re still negative cash flow, due to (about a) 50% drop in advertising revenue …

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Economy Technology

Sources: US Chip CEOs Plan Washington Trip to Talk China Policy

By Ytech on Saturday, July 15, 2023

The chief executives of Intel Corp and Qualcomm Inc are planning to visit Washington next week to discuss China policy, according to two sources familiar with the matter. The executives plan to hold meetings with U.S. officials to talk about …

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Economy Technology

Microsoft: Chinese Hackers Exploited Code Flaw to Steal US Agencies’ Emails 

By Ytech on Friday, July 14, 2023

Microsoft says hackers used a flaw in its code to steal emails from government agencies and other clients.  In a blog post published Friday, the company said that Chinese hackers were able to take advantage of “a validation error in …

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Economy Technology

India to Launch Moonshot Friday

By Ytech on Friday, July 14, 2023

India is set to launch a spacecraft to the moon Friday. If successful, it would make India only the fourth country to do so, after the U.S., the Soviet Union, and China. It will take the $75 million Chandrayaan-3 over …

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Economy Technology

Targeting of State Department, Others in Microsoft Hack ‘Intentional’  

By Ytech on Thursday, July 13, 2023

Hackers, possibly linked to China’s intelligence agencies, are being blamed for a monthlong campaign that breached some unclassified U.S. email systems, allowing them to access to a small number of accounts at the U.S. State Department and a handful of …

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Economy Technology

‘Meta Loses More:’ Zuckerberg Takes Threads Fight to EU

By Ytech on Tuesday, July 11, 2023

U.S. tech titan Mark Zuckerberg has plunged into a high-stakes game of brinkmanship with the European Union by withholding his new Threads app from users in Europe, but analysts say he will struggle to win the fight. Threads, billed as …

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Economy Technology

Europe Signs Off on New Privacy Pact That Allows People’s Data to Keep Flowing to US 

By Ytech on Monday, July 10, 2023

The European Union signed off Monday on a new agreement over the privacy of people’s personal information that gets pinged across the Atlantic, aiming to ease European concerns about electronic spying by American intelligence agencies. The EU-U.S. Data Privacy Framework …

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Economy Technology

New Handbook Highlights Ways to Develop Tech Ethically

By Ytech on Sunday, July 9, 2023

In a world where technology, such as artificial intelligence, is advancing at a rapid pace, what guidance do technology developers have in making the best ethically sound decisions for consumers?  A new handbook, titled “Ethics in the Age of Disruptive …

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Economy Technology

AI Robots at UN Reckon They Could Run the World Better

By Ytech on Saturday, July 8, 2023

A panel of AI-enabled humanoid robots told a United Nations summit Friday that they could eventually run the world better than humans. But the social robots said they felt humans should proceed with caution when embracing the rapidly developing potential …

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Economy Technology

Chinese Regulators Fine Ant Group $985M in Signal That Tech Crackdown May End

By Ytech on Saturday, July 8, 2023

HONG KONG — Chinese regulators are fining Ant Group 7.123 billion yuan ($985 million) for violating regulations in its payments and financial services, an indicator that more than two years of scrutiny and crackdown on the firm that led it …

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Economy Technology

Iran Blocks Public Access to Threads App; Raisi’s Account Created

By Ytech on Friday, July 7, 2023

Just one day after its launch, Threads, the latest social media network, was blocked by the Islamic Republic, denying access to the Iranian population. This action occurred even though an account had been created for Iran President Ebrahim Raisi on …

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Economy Technology

Combat Drone Operator Describes Their Many Uses

By Ytech on Friday, July 7, 2023

Ukraine has been using drones for reconnaissance and attacks since the start of Russia’18s invasion. But sometimes combat drone operators use them to save civilians — or even capture the enemy. Anna Kosstutschenko went to the Donbas region to find …

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Economy Technology

What Is Threads? Questions About Meta’s New Twitter Rival, Answered

By Ytech on Friday, July 7, 2023

Threads, a text-based app built by Meta to rival Twitter, is live. The app, billed as the text version of Meta’s photo-sharing platform Instagram, became available Wednesday night to users in more than 100 countries — including the U.S., Britain, …

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Economy Technology

Meta’s New Twitter Competitor, Threads, Boasts Tens of Millions of Sign-Ups

By Ytech on Friday, July 7, 2023

Tens of millions of people have signed up for Meta’s new app, Threads, as it aims to challenge competitor platform Twitter. Threads launched on Wednesday in the United States and in more than 100 other countries. In a Thursday morning …

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Economy Technology

Meta Launches Threads App, a Challenger to Twitter

By Ytech on Thursday, July 6, 2023

Facebook behemoth Meta officially launched Threads, its text-based rival to Twitter, on Wednesday — but its release in Europe has been delayed over data privacy concerns.  Threads is the biggest challenger yet to Elon Musk-owned Twitter, which has seen a …

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Economy Technology

Indian Court’s Dismissal of Twitter’s Petition Sparks Concerns About Free Online Speech

By Ytech on Wednesday, July 5, 2023

In India, a recent court judgement that dismissed a legal petition by Twitter challenging the federal government’s orders to block tweets and accounts is a setback for free speech, according to digital rights activists.   The Karnataka High Court, which delivered …

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Economy Technology

Twitter Chaos Leaves Door Open for Meta’s Rival App

By Ytech on Tuesday, July 4, 2023

Elon Musk spent the weekend further alienating Twitter users with more drastic changes to the social media giant, and he is facing a new challenge as tech nemesis Mark Zuckerberg prepares to launch a rival app this week.   Zuckerberg’s …

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Economy Technology

LogOn: White House Expanding Affordable High-Speed Internet Access

By Ytech on Tuesday, July 4, 2023

U.S. President Joe Biden says he wants every American to have access to high-speed internet. VOA’s Julie Taboh has our story about the United States’ more than $40 billion-dollar investment to expand the service. …

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Economy Technology

Sweden Orders Four Companies to Stop Using Google Tool

By Ytech on Monday, July 3, 2023

STOCKHOLM, SWEDEN — Sweden on Monday ordered four companies to stop using a Google tool that measures and analyzes web traffic, as doing so transfers personal data to the United States. One company was fined the equivalent of more than $1.1 million.  …

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Economy Technology

In US, 5G Wireless Signals Could Disrupt Flights Starting This Weekend

By Ytech on Sunday, July 2, 2023

Airline passengers who have endured tens of thousands of weather-related flight delays this week could face a new source of disruptions starting Saturday, when wireless providers are expected to power up new 5G systems near major airports. Aviation groups have …

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Economy Technology

In AI Tussle, Twitter Restricts Number of Posts Users Can Read

By Ytech on Saturday, July 1, 2023

Elon Musk announced Saturday that Twitter would temporarily restrict how many tweets users could read per day, in a move meant to tamp down on the use of the site’s data by artificial intelligence companies.  The platform is limiting verified …

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Economy Technology

FBI Turning to Social Media to Track Traitors

By Ytech on Saturday, July 1, 2023

If you logged onto social media over the past few months, you may have seen it – a video of the Russian Embassy on a gray, overcast day in Washington with the sounds of passing cars and buses in the …

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Economy Technology

Chipmaker TSMC Says Supplier Was Targeted in Cyberattack

By Ytech on Friday, June 30, 2023

Taiwan Semiconductor Manufacturing Co. said Friday that a cybersecurity incident involving one of its IT hardware suppliers has led to the leak of the vendor’s company data.  “TSMC has recently been aware that one of our IT hardware suppliers experienced …

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Economy Technology

Chinese, Russian Firms to Build Lithium Plants in Bolivia

By Ytech on Thursday, June 29, 2023

LA PAZ, BOLIVIA – Chinese and Russian companies will invest more than $1.4 billion in the extraction of lithium in Bolivia, one of the countries with the largest reserves of the mineral used in electric car batteries, the government in La …

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