French President Emmanuel Macron says his country will invest $76 million in African startups, saying innovation on the continent is key to meeting challenges ranging from climate change to terrorism. He spoke Thursday at a technology fair in Paris showcasing African talent this year. It is hard to miss the …
Even though the United States is one of the richest and most technologically advanced countries in the world, about 45 million Americans live below the poverty line. In Buffalo, New York, a once-prosperous city that has fallen on hard-times, one-third of its residents live in poverty. As Olga Loginova reports, …
Germany’s struggling Deutsche Bank is slashing thousands of jobs as it reshapes its stocks trading operation and refocuses its global investment banking business on its European base. The bank said Thursday it would cut its workforce from 97,000 to “well below” 90,000 and that the reductions were underway. It said …
Oceanographers often say we know much more about the surface of the Moon and Mars than we do about nearly 70 percent of our own planet. That is because most of the Earth is covered in water, most of it deeper than 200 meters. There are several initiatives to map …
Amazon, Starbucks, Vulcan and other companies have pledged a total of more than $350,000 toward an effort to repeal Seattle’s newly passed tax on large employers intended to combat homelessness. Just days after the Seattle City Council approved the levy, the No Tax On Jobs campaign, a coalition of businesses, …
This week marks six months since Zimbabwe President Emmerson Mnangagwa took office, after Robert Mugabe gave in to military pressure and resigned. During the weekend, the 75-year-old Mnangagwa told supporters that since he took over, a lot had improved. He says Zimbabwe’s annual foreign direct investment had been around $400 …
Twitter says it’s adding special labels to tweets from some U.S. political candidates ahead of this year’s midterm elections. Twitter says the move is to provide users with “authentic information” and prevent spoofed and fake accounts from fooling users. The labels will include what office a person is running for …
Ethiopia’s state-run telecoms monopoly has agreed to allow some local firms to provide internet services through its infrastructure, a move seen as spurring competition and expanding the data market, officials said. Ethio Telecom has more than 16 million subscribers of internet services in the country of over 100 million people. …
Turkey’s currency has fallen to a record low against the dollar amid concerns about an outflow of investor capital and the country’s ability to manage the situation. The lira weakened to over 4.80 per dollar on Wednesday, down some 5 percent since the previous day. The drop puts pressure …
French President Emmanuel Macron is taking on Facebook CEO Mark Zuckerberg and other internet giants at a Paris meeting to discuss tax and data protection and how they could use their global influence for the public good. Macron on Wednesday welcomed Zuckerberg and the leaders of dozens of other tech …
The dangers posed by cybercrime are on the rise across the globe – with high profile incidents like the recent ‘Wannacry’ ransomware attack an example of the growing threat. As the adoption of Internet and mobile technology grows, cyber experts say Africa is particularly at risk, as the continent’s cyber …
Households are feeling more stable, small businesses are making money and many expect to expand and hire in the coming year, signs of continued optimism in two key parts of the economy, the Federal Reserve reported Tuesday in a pair of annual surveys. Among more than 8,000 small businesses and …
The Trump administration is preparing to publish on Thursday long-delayed proposed rule changes for the export of U.S. firearms, a State Department official said on Tuesday. The rule changes would move the oversight of commercial firearm exports from the U.S. Department of State to the Department of Commerce. The action …
U.S. civil liberties groups on Tuesday called on Amazon.com Inc. to stop offering facial recognition services to governments, warning that the software could be used to target immigrants and people of color unfairly. More than 40 groups sent a letter to Amazon Chief Executive Officer Jeff Bezos saying technology from the company’s cloud computing …
Facebook Chief Executive Mark Zuckerberg apologized to EU lawmakers on Tuesday, saying the company had not done enough to prevent misuse of the social network and that regulation is “important and inevitable.” Meeting the leaders of the European Parliament, Zuckerberg stressed the importance of Europeans to Facebook and said he …
U.S. President Donald Trump said Tuesday “there is no deal” yet to lift the seven-year ban on the sale of American-made components to the giant Chinese telecommunications company ZTE, but that there might be a settlement as part of ongoing trade talks between the world’s two biggest economies. Trump told …
Glancing constantly at his rear view mirror, truck driver “El Flaco” journeys the highways of Mexico haunted by the memory of when he was kidnapped with his security detail by bandits disguised as police officers two years ago. Back then, El Flaco, who spoke on condition of anonymity for fear …
Supervised by young engineers, workers at the start-up company Chakr Innovation in New Delhi cut and weld sheets of metal to make devices that will capture black plumes of smoke from diesel generators and convert it into ink. In a cabin, young engineers pore over drawings and hunch over computers as …
Grocery stores in the U.S. are locked in a fierce battle for customers who often demand the convenience of home deliveries. Automation is increasingly becoming part of the competitive equation. When U.S. mail-order retail giant Amazon shook up the supermarket industry with its purchase of Whole Foods, America’s second biggest …
A man was killed when the Tesla automobile he was driving veered off a road, crashed through a fence and plunged into a pond, authorities said Monday. California Highway Patrol spokesman Daniel Jacowitz said rescuers pulled the Tesla Model S from the pond early Monday and found the man’s body …
U.S. President Donald Trump says American farmers will be big beneficiaries of more trade with China. “Under our potential deal with China, they will purchase from our Great American Farmers practically as much as our Farmers can produce,” Trump said Monday on Twitter. In another comment, he said China “has …
Lisa Meyer’s hair salon is a cozy place where her mother serves homemade macaroons, children climb on chairs and customers chat above the whirr of hairdryers. Most of the time Meyer is focused on hairstyles, color trends and keeping up with appointments. But now she’s worried about how the European …
A European Parliament meeting on Tuesday with Facebook CEO Mark Zuckerberg will be broadcast live, parliamentary officials and the company said on Monday after controversy over plans for a closed-door hearing. Parliament President Antonio Tajani, who was criticized by legislators and some senior EU officials over arrangements for the discussion …
China’s state media are playing up what it says is a trade war truce and de-escalation in tensions after negotiators from Washington and Beijing agreed to hold off on tariffs and “substantially reduce” the U.S. trade deficit. However, economists and business leaders argue that there is more to managing the relationship …
China launched a relay satellite early on Monday designed to establish a communication link between earth and a planned lunar probe that will explore the dark side of the moon, the official Xinhua news agency said. Citing the China National Space Administration, Xinhua said the satellite was launched at 5:28 …
Washington is digesting China’s stated intention to purchase more American goods and reduce the trade imbalance between the two countries. VOA’s Michael Bowman reports, last week’s talks between U.S. and Chinese negotiators did not yield specific commitments from Beijing in dollar figures, sparking criticism from some lawmakers in Washington. …