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Economy Technology

Senate Passes Bill to Boost US Tech Industry, Counter Rivals

By Ytech on Wednesday, June 9, 2021

The Senate overwhelmingly approved a bill Tuesday that aims to boost U.S. semiconductor production and the development of artificial intelligence and other technology in the face of growing international competition, most notably from China. The 68-32 vote for the bill demonstrates …

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Economy Technology

How a Fake FBI-Encrypted Device Ensnared Criminals Around the World

By Ytech on Tuesday, June 8, 2021

The global sting operation billed as “Trojan Shield” that led to the arrests of hundreds of criminals this week began with the takedown of an encrypted device maker catering to drug traffickers around the world.  In 2018, the FBI dismantled …

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Economy Technology

Pipeline Executive Felt Cornered by Ransomware Attack

By Ytech on Tuesday, June 8, 2021

The top executive for the biggest fuel pipeline operator in the United States told lawmakers he felt like he had no choice but to pay off hackers after a ransomware attack shut down operations along the East Coast. Testifying Tuesday before …

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Economy Technology

Internet Outage Hits Major Websites

By Ytech on Tuesday, June 8, 2021

A number of major websites could not be reached early Tuesday because of an outage at the cloud services company Fastly.The affected sites included news agencies CNN, The Guardian and The New York Times, streaming platform Twitch, and the British …

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Economy Technology

US Snatches Back Ransom from Colonial Pipeline Hackers

By Ytech on Tuesday, June 8, 2021

U.S. law enforcement officials say they have hit back at the Russian-based criminal network that caused gas pipelines to shut down across parts of the country last month, seizing much of the multimillion-dollar ransom payment before it could be used.The …

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Economy Technology

Apple’s ‘Private Relay’ Will Not Be Available in China, Elsewhere

By Ytech on Tuesday, June 8, 2021

Apple on Monday said a new “private relay” feature designed to obscure a user’s web browsing behavior from internet service providers and advertisers will not be available in China for regulatory reasons.The feature was one of a number of privacy …

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Economy Technology

Possible First Use of AI-Armed Drones Triggers Alarm Bells

By Ytech on Monday, June 7, 2021

Western military experts are assessing whether an autonomous drone operated by artificial intelligence, or AI, killed people — in Libya last year — for the first time without a human controller directing it remotely to do so.   A report …

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Economy Technology

China Blocks Several Cryptocurrency-related Social Media Accounts Amid Crackdown

By Ytech on Monday, June 7, 2021

A slew of crypto-related accounts in China’s Twitter-like Weibo platform were blocked over the weekend, as Beijing stepped up a crackdown on bitcoin trading and mining. More actions are expected, including linking illegal crypto activities in China more directly with the country’s criminal law, according to …

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Economy Technology

Microsoft Says ‘Tank Man’ Image Blocking Due to Human Error

By Ytech on Sunday, June 6, 2021

Microsoft Corp. blamed “accidental human error” for its Bing search engine briefly not showing image results for the search term “tank man” on the anniversary of the bloody military crackdown in Beijing’s Tiananmen Square in 1989.Users in different parts of …

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Economy Technology

Global War on Ransomware? Hurdles Hinder US Response

By Ytech on Sunday, June 6, 2021

Foreign keyboard criminals with scant fear of repercussions have paralyzed U.S. schools and hospitals, leaked highly sensitive police files, triggered fuel shortages and, most recently, threatened global food supply chains.Escalating havoc caused by ransomware gangs raises an obvious question: Why …

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Economy Technology

Millions of Nigerian Twitter Users Blocked as Ban Takes Hold 

By Ytech on Saturday, June 5, 2021

Millions of Nigerians struggled Saturday to access Twitter, a day after authorities suspended the service in response to the company’s deletion of a tweet by President Muhammadu Buhari for violating its terms of service.The Twitter ban took effect Saturday morning. …

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Economy Technology

US Law Enforcement Eager to Dig Into Your Car Data

By Ytech on Saturday, June 5, 2021

Do you know how much data your car is collecting? VOA’s Veronica Balderas Iglesias reports on how law enforcement agencies in the U.S. are among those eager to dig into the automobile data gold mines. Camera: Veronica Balderas Iglesias   …

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Economy Technology

Nigeria Suspends Twitter Over President’s Deleted Tweet

By Ytech on Saturday, June 5, 2021

Nigeria’s government said Friday it was suspending Twitter indefinitely in Africa’s most populous nation, a day after the company deleted a controversial tweet President Muhammadu Buhari made about a secessionist movement.It was not immediately clear when the suspension would go …

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Economy Technology

Facebook Suspends Trump for at Least Two Years

By Ytech on Friday, June 4, 2021

Facebook said Friday it would suspend Donald Trump’s accounts for at least two years, retaining a ban on the former U.S. president that it imposed after determining he incited the deadly January 6 insurrection at the U.S. Capitol. “At the end …

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Economy Technology

Reports: Facebook to End Rule Exemptions for Politicians

By Ytech on Friday, June 4, 2021

Facebook plans to end a contentious policy championed by CEO Mark Zuckerberg that exempted politicians from certain moderation rules on its site, according to several news reports.The company’s rationale for that policy held that the speech of political leaders is …

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Economy Technology

Twitter Announces New Premium Services 

By Ytech on Thursday, June 3, 2021

Twitter announced a new premium service for users in Canada and Australia that allows paying users to adjust tweets, among other features.Called Twitter Blue, the service allows users to preview and modify a tweet up to 30 seconds before publishing …

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Economy Technology

White House Urges US Companies to Protect Against Ransomware

By Ytech on Thursday, June 3, 2021

The White House on Thursday urged American businesses to take new precautions to combat disruptive ransomware attacks that have increasingly hobbled companies throughout Western economies.Jen Psaki, President Joe Biden’s press secretary, urged private industry to harden access to their computer …

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Economy Technology

EU Introduces ‘Digital Wallet’ to Store Official Documents

By Ytech on Thursday, June 3, 2021

The European Union (EU) Thursday unveiled its plans for a digital ID wallet that would hold all official documents residents would need to allow them access to the information at home or anywhere across the 27-nation bloc.   At a …

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Economy Technology

South Korea Adopts Smart Technology on Public Transportation for Visually Impaired

By Ytech on Wednesday, June 2, 2021

Cities around the world are installing new technology that connects to the personal devices of pedestrians, drivers, and riders on public transportation. Some cities are using these systems to make transportation easier for people with disabilities, such as those who …

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Economy Technology

New Smart Tech Helps Visually Impaired South Koreans Increase Mobility

By Ytech on Tuesday, June 1, 2021

South Korea’s second largest city is using new, inclusive technology to bring down barriers to mobility for people who are blind.Park Hyoung-bae glides his long, white cane along a strip of raised yellow blocks that form a trail through an …

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Economy Technology

Busan Adopts Smart Technology on Public Transportation for Visually Impaired South Koreans

By Ytech on Tuesday, June 1, 2021

Cities around the world are installing new technology that connects to the personal devices of pedestrians, drivers, and riders on public transportation. Some cities are using these systems to make transportation easier for people with disabilities, such as those who …

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Economy Technology

Cyberattack Forces World’s Largest Meat Supplier to Shut Down Operations

By Ytech on Tuesday, June 1, 2021

JBS Foods, the world’s largest meat supplier, has been forced to shut down operations in Australia and North America Monday, as the company has been a target of a cyberattack over the weekend, according to officials at its headquarters in Brazil. Authorities said they are working …

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Economy Technology

Busan Adopts Smart Technology for Visually Impaired on Public Transportation

By Ytech on Tuesday, June 1, 2021

Cities around the world are installing new technology that connects to the personal devices of pedestrians, drivers, and riders on public transportation. Some cities are using these systems to make transportation easier for people with disabilities, such as those who …

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Economy Technology

World’s Largest Meat Supplier a Target Cyberattack

By Ytech on Tuesday, June 1, 2021

JBS Foods, the world’s largest meat supplier, has been forced to shut down operations in Australia and North America Monday, as the company has been a target of a cyberattack over the weekend, according to officials at its headquarters in Brazil. Authorities said they are working …

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