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After making a promise on Twitter, Tesla CEO Elon Musk has sold about 900,000 shares of the electric car maker’s stock, netting over $1.1 billion that will go toward paying tax obligations for stock options. The sales, disclosed in two regulatory filings late Wednesday, will cover tax obligations for stock options granted to Musk in
DetailsThe United States and China surprised the COP26 climate summit in Glasgow on Wednesday with a joint declaration to take action to limit global warming over the next decade. The declaration came as delegates entered the final hours of negotiations to agree on a final text at the conference that will outline how the world
DetailsWhite House officials are on a development-minded world tour and have been scouting several corners of the globe to identify about 50 projects that focus on topics such as climate, health, digital technology and gender equality. Daleep Singh, the deputy national security adviser for international economics, recently wrapped up a tour of West Africa, visiting
DetailsU.S.-based drugmaker Pfizer is seeking to make a booster shot of its COVID-19 vaccine available to all adult Americans 18 years of age and older. Pfizer filed the request Tuesday with the U.S. Food and Drug Administration, citing a new clinical trial involving 10,000 volunteers who received a third injection of the two-dose vaccine, which it
DetailsA coalition of 19 countries including Britain and the United States on Wednesday agreed to create zero emissions shipping trade routes between ports to speed up the decarbonization of the global maritime industry, officials involved said. Shipping, which transports about 90% of world trade, accounts for nearly 3% of the world’s CO2 emissions. U.N. shipping
DetailsFacebook Inc. said on Tuesday it plans to remove detailed ad-targeting options that refer to “sensitive” topics, such as ads based on interactions with content around race, health, religious practices, political beliefs or sexual orientation. The company, which recently changed its name to Meta and which makes the vast majority of its revenue through digital
DetailsFour astronauts returned to Earth on Monday, riding home with SpaceX to end a 200-day space station mission that began last spring. Their capsule streaked through the late night sky like a dazzling meteor before parachuting into the Gulf of Mexico off the coast of Pensacola, Florida. Recovery boats quickly moved in with spotlights. “On behalf of
DetailsAustralia’s electric car industry has criticized the government’s new policy to build thousands of charging stations as “far too little, too late.” The Australian government Tuesday pledged $132 million to speed up the rollout of hydrogen refueling and electric charging stations. The Electric Vehicles Council says an Australian government plan to build electric vehicle charging stations and hydrogen-powered vehicle fueling stations doesn’t include subsidies, tax incentives or minimum fuel standards,
DetailsAn original Apple computer, hand-built by company founders Steve Jobs and Steve Wozniak 45 years ago, goes under the hammer in the United States on Tuesday. The functioning Apple-1, the great, great grandfather of today’s sleek chrome-and-glass Macbooks, is expected to fetch up to $600,000 at an auction in California. The so-called “Chaffey College” Apple-1,
DetailsConnecting everyone in the world to the web will not single-handedly bridge the digital divide, tech experts at the Web Summit said this week, citing other invisible barriers like high costs, low digital literacy and complicated user interfaces. The so-called “digital divide” refers to the gap between those who have access to computers and the
DetailsCybersecurity experts say Microsoft’s recent disclosure that alleged Russian hackers successfully attacked several IT service providers this year is a sign that many U.S. IT companies have underinvested in security measures needed to protect themselves and their customers from intrusions. But a U.S.-based association of IT professionals says the industry’s efforts to combat foreign hacking
DetailsChina now depends almost entirely on its own online content providers, as the number of big foreign companies in the market, such as Yahoo and LinkedIn, keeps dwindling, giving the government a boost in controlling the internet, analysts say. On Monday the Silicon Valley internet service provider Yahoo closed all of its services in China,
DetailsAn Earth-flight giant contributes to NASA’s upcoming moon missions. Plus, words from the next crew to visit the International Space Station and grim news from NASA about the future of food on Earth. VOA’s Arash Arabasadi brings us the Week in Space. …
DetailsSocial media behemoth Facebook is facing public and regulatory scrutiny after the disclosure of thousands of pages of internal documents by a whistleblower who used to work for the company. What are the Facebook papers? After compiling the documents while working as a Facebook product manager, Frances Haugen distributed them to a group of 17
DetailsThe U.S. government has added four foreign technology companies to its restricted companies list, saying they “developed and supplied spyware to foreign governments” and that the spyware was used “to maliciously target government officials, journalists, businesspeople, activists, academics, and embassy workers.” The State Department accused the companies of “engaging in activities contrary to the national
DetailsFacebook says it is shutting down its facial recognition system. Citing “growing societal concerns” about the technology that can automatically identify people in photos and videos, the company says it will continue to work on the technology to try to address issues. “Regulators are still in the process of providing a clear set of rules
DetailsYahoo said it stopped providing services in mainland China because of what it described as a difficult operating environment. The U.S. web services provider said in a statement on its website the move took effect on November 1 “in recognition of the increasingly challenging business and legal environment.” November 1 is the date on which
DetailsTaiwan Semiconductor Manufacturing Company (TSMC), one of the world’s largest chipmakers, has announced plans to build a new plant in Japan, a move experts say may help revive Japan’s declining chipmaking sector and bolster its economic security. The new plant is slated to begin operation in 2024, said CEO C.C. Wei, who announced the expansion.
DetailsGreen energy is the new focus of China’s one-of-a-kind Belt and Road Initiative or BRI, that aims to build a series of infrastructure projects from Asia to Europe. The eco-friendlier version of BRI has caught the attention of some 70 other countries that are getting new infrastructure from the Asian economic powerhouse in exchange for expanding trade. The reset on China’s eight-year-old, $1.2 trillion effort comes
DetailsThe U.S. Senate voted unanimously on Thursday to approve legislation to prevent companies that are deemed security threats, such as Huawei Technologies Co. Ltd. or ZTE Corp., from receiving new equipment licenses from U.S. regulators. The Secure Equipment Act, the latest effort by the U.S. government to crack down on Chinese telecom and tech companies,
DetailsFacebook CEO Mark Zuckerberg said his company is rebranding itself as Meta in an effort to encompass its virtual-reality vision for the future — what Zuckerberg calls the ” metaverse.” Skeptics point out that it also appears to be an attempt to change the subject from the Facebook Papers, a leaked document trove so dubbed by a
DetailsThe State Department is creating a new Bureau of Cyberspace and Digital Policy to focus on tackling cybersecurity challenges at a time of growing threats from opponents. There will also be a new special envoy for critical and emerging technology, who will lead the technology diplomacy agenda with U.S. allies. On Wednesday, Secretary of State
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