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Economy Technology

Yellen Eyes Innovation to Battle Cryptocurrency Misuse, Narrow Digital Gaps

By Ytech on Thursday, February 11, 2021

U.S. Treasury Secretary Janet Yellen on Wednesday warned about an “explosion of risk” from digital markets, including the misuse of cryptocurrencies, but said new financial technologies could also help fight crime and reduce inequality.In remarks to a financial sector innovation …

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Economy Technology

Ugandan Government Restores Social Media Sites, Except Facebook

By Ytech on Wednesday, February 10, 2021

Ugandan authorities restored access to the internet Wednesday, a month after blocking it ahead of the January 14 elections. The government said the disruption was needed for security, while critics say it was intended to cut off communication among opponents …

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Economy Technology

Digital Radio Powering Global Communications

By Ytech on Tuesday, February 9, 2021

Many broadcasters are using a variety of digital radio for high quality transmissions reaching faraway lands.  Mike O’Sullivan reports on one format that is starting to play an important role in global communications. …

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Economy Technology

China Appears to Block Popular Clubhouse App

By Ytech on Tuesday, February 9, 2021

After a brief honeymoon, China appears to have blocked a popular, invitation-only audio app called Clubhouse.The iPhone-only app had seen a surge in users over the weekend as users were able to discuss taboo topics like reunification with Taiwan and …

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Economy Technology

Myanmar Internet Providers Block Facebook Services After Government Order

By Ytech on Thursday, February 4, 2021

Internet providers in Myanmar, including state-owned telecom MPT, were blocking access to Facebook Inc.-owned services in the country on Thursday, days after military leaders seized power in a coup.A letter posted online by the Ministry of Communications and Information overnight …

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Economy Technology

Amazon’s Bezos to Step Down as CEO

By Ytech on Tuesday, February 2, 2021

Amazon.com Inc. on Tuesday said founder Jeff Bezos would step down as CEO and become executive chairman, as the company reported its third consecutive record profit and quarterly sales above $100 billion for the first time. The transition, slated for the …

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Economy Technology

Downdetector: Social Media Platform Reddit Hit by Outages in US

By Ytech on Saturday, January 30, 2021

Social media company Reddit was experiencing problems on its website on Saturday, according to outage monitoring website Downdetector.com.   Customers reported trouble logging in and sending messages on its website. The outage affected regions such as New York, Boston and …

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Economy Technology

Facebook Oversight Board Announces First 5 Rulings

By Ytech on Thursday, January 28, 2021

Facebook’s quasi-independent oversight board has ruled the social media company must restore four of five posts that it had taken down.The cases involved Facebook’s policy regarding adult nudity, hate speech and “dangerous individuals.”The oversight board ordered images of female nipples …

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Economy Technology

Facebook Says it Will Permanently Stop Recommending Political Groups to Users

By Ytech on Thursday, January 28, 2021

Facebook Inc’s CEO Mark Zuckerberg said on Wednesday the company would no longer recommend civic and political groups to users of the platform.The social media company said in October that it was temporarily halting recommendations of political groups for U.S. …

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Economy Technology

Facebook’s Profits Surge as Pandemic Fuels Use

By Ytech on Wednesday, January 27, 2021

Facebook’s profits surged in the final three months of last year as people enduring the holidays in a pandemic turned to the leading social network for work and pleasure, the company said Wednesday.Facebook reported a profit of $ 11.2 billion …

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Economy Technology

Internet Outages, Slowdowns Reported from Boston to Washington

By Ytech on Tuesday, January 26, 2021

People from Boston to the Washington area were reporting internet outages or slow service Tuesday. According to Downdetector.com, which tracks outages, users reported problems with Verizon, Google, Zoom, YouTube, Slack and Amazon Web Services. Many of those services have become staples for …

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Economy Technology

Twitter to Crowdsource Content Policing

By Ytech on Monday, January 25, 2021

Twitter on Monday unveiled a new tool it is piloting to combat misinformation. Called Birdwatch, the crowdsourcing tool aims to enlist other Twitter users to vet tweets they think contain misinformation.Instead of deleting an offending tweet or having Twitter attach a warning …

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Economy Technology

Twitter Bans Suspect Iran Account After Post Threatens Trump

By Ytech on Saturday, January 23, 2021

Twitter said Friday it has permanently banned an account that some in Iran believe is linked to the office of the country’s supreme leader after a posting that seemed to threaten former President Donald Trump.In the image posted by the …

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Economy Technology

Judge Says Amazon Won’t Have to Restore Parler Web Service

By Ytech on Friday, January 22, 2021

Amazon won’t be forced to immediately restore web service to Parler after a federal judge ruled Thursday against a plea to reinstate the fast-growing social media app, which is favored by followers of former President Donald Trump.U.S. District Judge Barbara …

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Economy Technology

Google Seals Content Payment Deal with French News Publishers

By Ytech on Friday, January 22, 2021

Google and a French publishers lobby said Thursday that they had agreed to a copyright framework for the U.S. tech giant to pay news publishers for content online, a first for Europe.The move paves the way for individual licensing agreements …

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Economy Technology

Facebook Oversight Panel to Review Suspension of Trump’s Accounts 

By Ytech on Thursday, January 21, 2021

Facebook’s independent oversight board said Thursday that it had accepted the company’s request to review its decision to suspend the accounts of former President Donald Trump.The U.S. social media giant blocked Trump’s access to his Facebook and Instagram accounts after …

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Economy Technology

Twitter Says It Locked Account of China’s US Embassy Over Xinjiang-Related Tweet

By Ytech on Thursday, January 21, 2021

Twitter has locked the account of China’s U.S. embassy for a tweet that defended China’s policies in the Xinjiang region, which the U.S. social media platform said violated the firm’s policy against “dehumanization.” The Chinese Embassy account, @ChineseEmbinUS, posted a tweet …

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Economy Technology

Official US Government Social Media Accounts Switch to New Administration

By Ytech on Thursday, January 21, 2021

When Joe Biden was sworn in as the 46th U.S. president Wednesday, he inherited several social media accounts, including the @POTUS, @WhiteHouse, @FLOTUS and @VP Twitter accounts.    Unlike after the last inauguration in 2017, when then-President Barack Obama’s followers …

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Economy Technology

Palestinian High-Tech Sector Takes Off

By Ytech on Wednesday, January 20, 2021

In the West Bank and Gaza Strip, dozens of Palestinian high-tech startups are flourishing. Some are branches of international companies, others are all Palestinian. High-tech also offers new possibilities for Israeli-Palestinian cooperation. Linda Gradstein reports for VOA from Jerusalem. Camera: …

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Economy Technology

Skirting the Water: An Electric Bike Opens Up New Horizons for Bikers

By Ytech on Tuesday, January 19, 2021

Take a ride on a new kind of bike — one that skirts across lakes and waterways – powered by an electric engine and a battery. Michelle Quinn got a ride.Camera: Michelle Quinn    Producer: Rob Raffaele    …

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Economy Technology

Turkey Hits Twitter, Pinterest with Advertising Bans

By Ytech on Tuesday, January 19, 2021

Turkey imposed advertising bans Tuesday on Twitter, Periscope and Pinterest for not complying with a new law requiring social media companies to appoint a local representative to handle content removal orders.   The rules that went into effect in October …

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Economy Technology

Parler Partially Reappears with Support from Russian Technology Firm

By Ytech on Tuesday, January 19, 2021

Parler, a social media website and app popular with the American far right, has partially returned online with the help of a Russian-owned technology company.Parler vanished from the internet when dropped by Amazon Inc.’s hosting arm and other partners for …

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Economy Technology

Should Social Media Platforms Lose Legal Protection?

By Ytech on Monday, January 18, 2021

The decision by social media giants to police more content, along with banning U.S. President Donald Trump and some of his supporters from posting, is intensifying a debate in Europe over how to regulate platforms such as Facebook and Twitter.The …

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Economy Technology

Europe’s Populists Fearful of Social Media Restrictions

By Ytech on Thursday, January 14, 2021

Europe’s populist leaders are outraged by the decision of U.S. social-media giants to block U.S. President Donald Trump from posting on their sites. They fear Facebook, Twitter and other major social media companies could start banning them, too.     …

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