Meta Platforms Inc. issued a gloomy forecast after recording its first ever quarterly drop in revenue Wednesday, with recession fears and competitive pressures weighing on its digital ads sales.  Shares of the Menlo Park, California-based company were down about 4.6% in extended trading.  The company said it expected third-quarter revenue to be in the range … continue reading -> “Meta Posts First Revenue Drop as Inflation Throttles Ad Sales”

The U.S. Senate has passed a $280 billion initiative that would boost domestic production of microchips and provide support for a key industry that competes with overseas countries including China. VOA’s Congressional Correspondent Katherine Gypson reports. …

The U.S. Senate voted 64-32 on Tuesday to advance legislation to dramatically boost U.S. semiconductor manufacturing in a bid to make the domestic industry more competitive with China. The legislation provides about $52 billion in government subsidies for U.S. semiconductor production as well as an investment tax credit for chip plants estimated to be worth … continue reading -> “US Senate Votes to Advance Sweeping Semiconductor Industry Bill”

A bill to boost semiconductor production in the United States has managed to do nearly the unthinkable — unite the democratic socialist Sen. Bernie Sanders and the fiscally conservative right. The bill making its way through the Senate is a top priority of the Biden administration. It would add about $79 billion to the deficit … continue reading -> “Semiconductor Bill Unites US Politicians From Left, Right — in Opposition”

From his small office in Singapore, Kelvin Pang is ready to wager a $23 million payday that the worst of the chip shortage is not over for automakers – at least in China. Pang has bought 62,000 microcontrollers, chips that help control a range of functions from car engines and transmissions to electric vehicle power … continue reading -> “How China Became Ground Zero for the Auto Chip Shortage”

The Senate this week took a key step toward passing a bill meant to provide $52 billion in subsidies to the semiconductor industry in the United States, part of an effort that lawmakers have characterized as protecting the country from supply shortages such as those that struck during the coronavirus pandemic. The bill, called the … continue reading -> “US Congress Moves Toward $52 Billion in Subsidies for Semiconductor Firms”

Twitter appeared to be working again after a widespread outage earlier Thursday. The site Downdetector.com, which logs service outages, reported it was the first such outage since February and impacted people in the United States, the United Kingdom, Mexico, Brazil, Italy and others. Starting around 8 a.m. on the U.S. East Coast, many users received … continue reading -> “Twitter Suffers Widespread Outage”

Cryptocurrencies use an enormous amount of energy, and as the industry grows rapidly, so do concerns about its impact on the climate. Matt Dibble has the story. …

Twitter sued Tesla CEO Elon Musk on Tuesday to force him to complete the $44 billion acquisition of the social media company.  Musk and Twitter have been bracing for a legal fight since the billionaire said on Friday he was backing off of his April agreement to buy the company.  Twitter’s lawsuit opens with a … continue reading -> “Twitter Sues to Force Musk to Complete His $44B Acquisition”

The U.S. space agency NASA released the set of the first full-color images from the James Webb Space Telescope Tuesday, a day after sharing a full-color picture of stars and galaxies deeper into the cosmos than ever seen before. Watch here: U.S. President Joe Biden said the telescope offered “a new window into the history … continue reading -> “NASA Releases More Images from Most Powerful Space Telescope”

As the U.S. reels from a surge of recent mass shootings, some technologists are focusing on how to prevent casualties. VOA’s Julie Taboh spoke with a couple of entrepreneurs who have developed gun-detecting technologies. …

Shares of Twitter slid more than 6% in the first day of trading after billionaire Elon Musk said that he was abandoning his $44 billion bid for the company and the social media platform vowed to challenge Musk in court to uphold the agreement.  Twitter is now preparing to sue Musk in Delaware where the … continue reading -> “Looming Musk-Twitter Legal Battle Hammers Company Shares”

As Uber aggressively pushed into markets around the world, the ride-sharing service lobbied political leaders to relax labor and taxi laws, used a “kill switch” to thwart regulators and law enforcement, channeled money through Bermuda and other tax havens and considered portraying violence against its drivers as a way to gain public sympathy, according to … continue reading -> “Report: Uber Lobbied, Used ‘Stealth’ Tech to Block Scrutiny”

Millions of Canadians found out Friday what it is like to live without access to the internet and mobile phone service. Rogers Communications, the country’s largest mobile and internet provider, experienced a major outage, beginning Friday morning and lasting most of the day. The outage affected retailers, credit card and debit transactions, court proceedings, government … continue reading -> “Millions of Canadians Lose Mobile, Internet Services”

Twitter said Thursday it removes more than 1 million spam and bot accounts every day. The removals come as Tesla founder Elon Musk, who is in the process of acquiring the company, continues to pressure Twitter to reduce spam accounts. He has threatened to cancel the $44 billion deal if Twitter cannot prove spam and … continue reading -> “Twitter Claims It Is Removing 1 Million Spam Accounts Daily”

Many people struggle with feelings of loneliness and social isolation. For some, a robot companion might make a difference, and states like New York are starting to provide them to residents free of charge. VOA’s Julie Taboh has more. Videographer: Adam Greenbaum Produced by: Julie Taboh, Adam Greenbaum …

A rural town in central Texas is home to the largest bitcoin mining facility in North America, bringing jobs and welcomed vitality into the community. But critics warn the operations are part of a volatile new industry. Deana Mitchell has the story. …

Elon Musk’s deployment of thousands of Starlink satellite internet terminals to Ukraine has been a major help for the country in its fight against Russia. VOA’s Russia Service has the story. …

Instagram is blocking posts that mention abortion from public view, in some cases requiring its users to confirm their age before letting them view posts that offer up information about the procedure.  Over the last day, several Instagram accounts run by abortion rights advocacy groups have found their posts or stories hidden with a warning … continue reading -> “Instagram Hides Some Posts That Mention Abortion”

Future waves of COVID-19 might be predicted using internet search data, according to a study published in the journal Scientific Reports. In the study, researchers watched the number of COVID-related Google searches made across the country and used that information, together with conventional COVID-19 metrics such as confirmed cases, to predict hospital admission rates weeks … continue reading -> “Scientists’ Model Uses Google Search Data to Forecast COVID Hospitalizations”

This week, the Group of Seven leaders launched a $600 billion global infrastructure initiative they say will compete with China’s Belt and Road Initiative. VOA White House correspondent Anita Powell reports from Telfs, Austria, with reporting from Patsy Widakuswara in Washington. …

NASA, the National Aeronautics and Space Administration, has successfully completed its first rocket launch from a commercial space facility outside of the United States. A 13-meter rocket blasted off Monday from a site in the Australian outback. A 13-meter sub-orbital rocket took off from the newly built Arnhem Space Centre in Australia’s Northern Territory Monday. … continue reading -> “NASA Completes Historic Rocket Launch in Outback Australia “

Coinciding with unrelenting cyberattacks against Ukraine, state-backed Russian hackers have engaged in “strategic espionage” against governments, think tanks, businesses and aid groups in 42 countries supporting Kyiv, Microsoft said in a report Wednesday. “Since the start of the war, the Russian targeting [of Ukraine’s allies] has been successful 29 percent of the time,” Microsoft President … continue reading -> “Microsoft: Russian Cyber Spying Targets 42 Ukraine Allies”

Twitter’s board has recommended unanimously that shareholders approve the proposed $44 billion sale of the company to billionaire and Tesla CEO Elon Musk, according to a regulatory filing Tuesday. Musk reiterated his desire to move forward with the acquisition last week during a virtual meeting with Twitter employees, though shares of Twitter remain far below … continue reading -> “Elon Musk’s $44 Billion Twitter Deal Gets Board Endorsement”

“I’m in a cryptocurrency chat group at work,” software engineer Adam Hickey of San Diego, California told VOA. Over the last few days, Hickey said, members of the group have been writing things like, “Bloodbath” and, “Are we still good?” “It shook me, honestly,” he admitted. “I just had to stop looking at my balance. … continue reading -> “Investors Coping With Cryptocurrency Plunge “