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Economy Technology

Looming Musk-Twitter Legal Battle Hammers Company Shares

By Ytech on Monday, July 11, 2022

Shares of Twitter slid more than 6% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court …

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Economy Technology

Report: Uber Lobbied, Used ‘Stealth’ Tech to Block Scrutiny

By Ytech on Sunday, July 10, 2022

As Uber aggressively pushed into markets around the world, the ride-sharing service lobbied political leaders to relax labor and taxi laws, used a “kill switch” to thwart regulators and law enforcement, channeled money through Bermuda and other tax havens and …

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Economy Technology

Millions of Canadians Lose Mobile, Internet Services

By Ytech on Saturday, July 9, 2022

Millions of Canadians found out Friday what it is like to live without access to the internet and mobile phone service. Rogers Communications, the country’s largest mobile and internet provider, experienced a major outage, beginning Friday morning and lasting most …

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Economy Technology

Twitter Claims It Is Removing 1 Million Spam Accounts Daily

By Ytech on Thursday, July 7, 2022

Twitter said Thursday it removes more than 1 million spam and bot accounts every day. The removals come as Tesla founder Elon Musk, who is in the process of acquiring the company, continues to pressure Twitter to reduce spam accounts. …

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Economy Technology

LogOn: Companion Robot Responds to User’s Emotional Cues, Health Needs

By Ytech on Tuesday, July 5, 2022

Many people struggle with feelings of loneliness and social isolation. For some, a robot companion might make a difference, and states like New York are starting to provide them to residents free of charge. VOA’s Julie Taboh has more. Videographer: …

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Economy Technology

The Bitcoin Boom: Rural Texas Town Welcomes Bitcoin Mining

By Ytech on Saturday, July 2, 2022

A rural town in central Texas is home to the largest bitcoin mining facility in North America, bringing jobs and welcomed vitality into the community. But critics warn the operations are part of a volatile new industry. Deana Mitchell has …

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Economy Technology

How Elon Musk’s Starlink Is Helping Ukraine During War With Russia

By Ytech on Friday, July 1, 2022

Elon Musk’s deployment of thousands of Starlink satellite internet terminals to Ukraine has been a major help for the country in its fight against Russia. VOA’s Russia Service has the story. …

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Economy Technology

Instagram Hides Some Posts That Mention Abortion

By Ytech on Thursday, June 30, 2022

Instagram is blocking posts that mention abortion from public view, in some cases requiring its users to confirm their age before letting them view posts that offer up information about the procedure.  Over the last day, several Instagram accounts run …

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Economy Technology

Scientists’ Model Uses Google Search Data to Forecast COVID Hospitalizations

By Ytech on Wednesday, June 29, 2022

Future waves of COVID-19 might be predicted using internet search data, according to a study published in the journal Scientific Reports. In the study, researchers watched the number of COVID-related Google searches made across the country and used that information, …

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Economy Technology

Biden Offers Alternative to China Development Juggernaut at G7 Summit

By Ytech on Wednesday, June 29, 2022

This week, the Group of Seven leaders launched a $600 billion global infrastructure initiative they say will compete with China’s Belt and Road Initiative. VOA White House correspondent Anita Powell reports from Telfs, Austria, with reporting from Patsy Widakuswara in …

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Economy Technology

NASA Completes Historic Rocket Launch in Outback Australia 

By Ytech on Monday, June 27, 2022

NASA, the National Aeronautics and Space Administration, has successfully completed its first rocket launch from a commercial space facility outside of the United States. A 13-meter rocket blasted off Monday from a site in the Australian outback. A 13-meter sub-orbital …

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Economy Technology

Microsoft: Russian Cyber Spying Targets 42 Ukraine Allies

By Ytech on Wednesday, June 22, 2022

Coinciding with unrelenting cyberattacks against Ukraine, state-backed Russian hackers have engaged in “strategic espionage” against governments, think tanks, businesses and aid groups in 42 countries supporting Kyiv, Microsoft said in a report Wednesday. “Since the start of the war, the …

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Economy Technology

Elon Musk’s $44 Billion Twitter Deal Gets Board Endorsement

By Ytech on Tuesday, June 21, 2022

Twitter’s board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a regulatory filing Tuesday. Musk reiterated his desire to move forward with the acquisition last …

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Economy Technology

Investors Coping With Cryptocurrency Plunge 

By Ytech on Tuesday, June 21, 2022

“I’m in a cryptocurrency chat group at work,” software engineer Adam Hickey of San Diego, California told VOA. Over the last few days, Hickey said, members of the group have been writing things like, “Bloodbath” and, “Are we still good?” …

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Economy Technology

Cartier and Amazon Target Knock-offs in US Lawsuits

By Ytech on Wednesday, June 15, 2022

Amazon and Cartier joined forces Wednesday in U.S. court to accuse a social media influencer of working with Chinese firms to sell knock-offs of the luxury brand’s jewelry on the e-commerce giant’s site.  The online personality used sites like Instagram …

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Economy Technology

Study: Facebook Fails to Catch East Africa Extremist Content

By Ytech on Wednesday, June 15, 2022

A new study has found that Facebook has failed to catch Islamic State group and al-Shabab extremist content in posts aimed at East Africa as the region remains under threat from violent attacks and Kenya prepares to vote in a …

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Economy Technology

LogOn: Companies Are Building the ‘Metaverse’ but What Is It?

By Ytech on Tuesday, June 14, 2022

Often touted as the next digital shift, the metaverse comprises three-dimensional online spaces where people can work, shop, play games, go to concerts and so on. Michelle Quinn on what the metaverse is — or might be. …

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Economy Technology

SIPRI STUDY: World Headed for New Era of Nuclear Rearmament

By Ytech on Monday, June 13, 2022

After 35 years of decline, the number of nuclear weapons in the world is set to rise in the coming decade as global tensions flare amid Russia’s war in Ukraine, researchers said Monday.   The nine nuclear powers — Britain, China, …

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Economy Technology

LogOn: Robot Software Makes Machinery ‘Smart’

By Ytech on Tuesday, June 7, 2022

Robots have long been used in manufacturing and other applications that need precise, fast and repeatable tasks. But making smart robots takes software. From Boulder, Colorado, Shelley Schlender reports. …

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Economy Technology

Musk Threatens to Kill Twitter Deal Over Fake Account Data

By Ytech on Monday, June 6, 2022

Elon Musk accused Twitter of “actively resisting and thwarting his information rights,” as the Tesla founder attempts to get information about fake and spam accounts on the platform. The accusation came in a letter Musk sent to Twitter Monday in …

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Economy Technology

Autonomous Mayflower Reaches American Shores — in Canada 

By Ytech on Monday, June 6, 2022

A crewless robotic boat that had tried to retrace the 1620 sea voyage of the Mayflower has finally reached the shores of North America — this time in Canada instead of the Massachusetts coast where its namesake landed more than …

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Economy Technology

Explainer: What Is Bitcoin Mining? 

By Ytech on Thursday, June 2, 2022

For many, grasping the concept behind cryptocurrencies is difficult enough. But let’s try to take a closer look into how they work. Matt Dibble explains. …

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Economy Technology

Big Data and Farmers Create Instant Wetlands to Help Migrating Birds

By Ytech on Thursday, June 2, 2022

Guided by data from a bird-watching app, conservationists and farmers are creating instant wetlands for birds travelling thousands of miles. Matt Dibble has the story …

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Economy Technology

LogOn: DNA Molecules May Ease Future Data Storage Crunch

By Ytech on Tuesday, May 31, 2022

Researchers say DNA can replace hard drives to help store the world’s ever-increasing digital output. Matt Dibble has the story    …

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