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Carmakers Differ Widely on When Self-driving Cars Arrive

Carmakers and suppliers gave widely differing timelines Thursday for the introduction of self-driving vehicles, showing the uncertainties surrounding the technology as well as a split between cautious established players and bullish new entrants. Chipmaker Nvidia, facing direct competition with the world’s top chipmaker after Intel’s $15 billion deal to buy …

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Latin America Relying More on Costly Imported Fuel

Latin American countries are becoming more reliant on costly fuel imports amid floundering efforts to bolster domestic oil output and expand refinery capacity. Incomplete reform projects and budget cuts that have stalled investments are aggravating the situation for many Latin American countries. For refiners in the United States, it is …

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No Better Time to Be an Entrepreneur, Says Key Investor

Under the Trump administration, there will likely be challenges for the U.S. tech industry when it comes to attracting foreign talent.  But it’s never been a better time to start a company, said Dave McClure, a prominent Silicon Valley venture capitalist. “The general trend for start-ups under Trump or anyone else is …

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At G-20, US Vows to Walk its Tough Trade Talk

U.S. President Donald Trump has vowed to get tough on trade partners like China, Mexico and Germany. Now his Treasury chief, Steven Mnuchin, will get his first opportunity to confront them all in one room. The meeting of the 20 most powerful economies’ finance ministers in Germany this week is …

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Saudi Arabia, China Sign Deals Worth $65 Billion

China and Saudi Arabia Thursday signed memorandums of understanding and letters of intent potentially worth about $65 billion during Saudi King Salman’s visit to Beijing, a senior Chinese diplomat said. Deputy Chinese Foreign Minister Zhang Ming said the agreements involved investment, energy, space and other areas, but did not give …

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China Raises Short-term Interest Rates Again

China’s central bank raised short-term interest rates for the third time in as many months Thursday, a day after the end of the annual session of parliament where leaders warned that tackling debt risks would be a top policy priority this year.  The move came hours after the U.S. Federal …

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McDonald’s Tests Mobile Ordering Before National Rollout

McDonald’s has started testing mobile order-and-pay after acknowledging the ordering process in its restaurants can be “stressful.” The company says it will gather feedback from the test before launching the option nationally toward the end of the year. It says mobile order-and-pay is now available at 29 stores in Monterey …

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2 Popular Messaging Apps Vulnerable to Hackers

Those encrypted messaging apps you may have been using to avoid prying eyes had a major flaw that could have allowed access to hackers, according to a cybersecurity firm. According to Check Point Software Technologies, both Telegram and WhatsApp, which is owned by Facebook, were vulnerable. The company said it …

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China Anxious About Trade War With US

China is warning about the possible impact of a trade war with the United States, even as the world’s two biggest economies take steps to map out relations under the administration of President Donald Trump. Speaking at an annual news conference Wednesday, at the end of high-level political meetings in …

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Hacker Spaces Offer More Than the Sum of Their Tools

Hacking means tinkering, whether with computers, woodworking or really anything. Tinkerers around the world come together at hacker-spaces, to share tools, camaraderie and expertise. Shelley Schlender takes us to a hacker space in Oakland, California, called Ace Monster Toys, where members lend each other a “hacking” hand. …

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Why Bangalore Doesn’t Need Silicon Valley

Visitors to Bangalore, India, these days can see street art, have beer at local microbreweries or take an Uber ride to a distant neighborhood to meet with venture capitalists about a recent startup that grabbed their attention. Gone are the days of a city dominated by call centers and American …

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Facebook Bars Developers from Using Data for Surveillance

Facebook barred software developers on Monday from using the massive social network’s data to create surveillance tools, closing off a process that had been exploited by U.S. police departments to track protesters. Facebook, its Instagram unit and rival Twitter came under fire last year from privacy advocates after the American …

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FBI Official to Tech Word: Try to Understand Us

So what was the FBI doing at the South by Southwest Conference and Festivals in Austin, Texas, primarily known for music, movies and interactive media? James Baker, the Federal Bureau of Investigation’s general counsel, took the stage at a hotel in Austin, Texas, on Monday to present a human face …

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Converting Heat Into Electricity

Humankind wastes a lot of energy, but thanks to new technologies, it is increasingly affordable to harvest and use it. At a recent energy summit in Washington, one of the participating commercial firms exhibited photovoltaic cells that turn waste heat into electricity. VOA’s George Putic reports. …

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