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Twitter's Dorsey auctions first ever tweet as digital memorabilia

Twitter's Dorsey auctions first ever tweet as digital memorabilia

REUTERS 2021-03-07 09:57:46

“just setting up my twttr” - the first ever tweet on the platform is up for sale after Twitter boss Jack Dorsey listed his famous post as a unique digital signature on a website for sellin...

Facebook being proped for 'systemic' racial bias in hiring, promotions

Facebook being proped for 'systemic' racial bias in hiring, promotions

REUTERS 2021-03-07 09:35:08

A US agency investigating Facebook Inc for racial bias in hiring and promotions has designated the probe as “systemic,” attorneys for three job applicants and a manager who claim the compa...

Over 20,000 US organisations compromised through Microsoft flaw

Over 20,000 US organisations compromised through Microsoft flaw

REUTERS 2021-03-07 09:31:36

More than 20,000 US organisations have been compromised through a back door installed via recently patched flaws in Microsoft Corp’s email software, a person familiar with the US government&rsqu...

Bangladesh seeks China fund to address rural-urban digital divide

Bangladesh seeks China fund to address rural-urban digital divide

MIR MOSTAFIZUR RAHAMAN 2021-03-07 08:47:50

Bangladesh has sought Chinese investment for a Tk 30-billion project that aims at reducing the 'digital divide'. Finance ministry has recently written to the Chinese government in this regard. The p...

NBR to cross-check wealth statements for detecting tax evasion

NBR to cross-check wealth statements for detecting tax evasion

DOULOT AKTER MALA 2021-03-07 08:17:34

Wealth statements, furnished by taxpayers in their income tax and VAT returns, will be cross-checked from now on to detect possible tax evasion, according to a recent decision of the National Board of...

US agency probes Facebook for 'systemic' racial bias in hiring, promotions

US agency probes Facebook for 'systemic' racial bias in hiring, promotions

-- 2021-03-06 17:56:44

A US agency investigating Facebook Inc for racial bias in hiring and promotions has designated the probe as “systemic,” attorneys for three job applicants and a manager who claim the compa...

SpaceX Starship rocket prototype blows up

SpaceX Starship rocket prototype blows up

-- 2021-03-06 10:40:00

The third time appeared to be the charm for Elon Musk’s Starship rocket - until it wasn’t. The latest heavy-duty launch vehicle prototype from SpaceX soared flawlessly into the sky in a h...

Microsoft email software hack spreads, experts brace for more impact

Microsoft email software hack spreads, experts brace for more impact

-- 2021-03-06 10:31:16

More than 20,000 US organisations have been compromised through a back door installed via recently patched flaws in Microsoft Corp’s email software, a person familiar with the US government&rsqu...

Twitter explores 'undo send' feature for paying users

Twitter explores 'undo send' feature for paying users

-- 2021-03-06 10:07:46

Twitter Inc is testing an “undo send” function that would give users a short time to withdraw a tweet before it is posted, the company confirmed on Friday. App researcher Jane Manchun Won...

Dhaka eyes extended WB support in two years

Dhaka eyes extended WB support in two years

FHM HUMAYAN KABIR 2021-03-06 08:17:08

Bangladesh may get extended support from the World Bank as it has planned to front-load $82-billion IDA-19 aid package in two years from the current three-year cycle. In a recent IDA borrowers' repre...

Bangladesh is becoming South Asia’s economic bull case: WSJ

Bangladesh is becoming South Asia’s economic bull case: WSJ

-- 2021-03-05 17:29:38

Bangladesh has won plaudits from The Wall Street Journal for the economic strides it has made in recent years in the wake of its graduation from the UN's least-developed-country categorisation. The S...

Alien 'super-Earth' may offer clues about atmospheres on distant worlds

Alien 'super-Earth' may offer clues about atmospheres on distant worlds

-- 2021-03-05 14:32:48

Scientists have spotted a planet orbiting a star relatively near our solar system that may offer a prime opportunity to study the atmosphere of a rocky Earth-like alien world - the type of research th...

E-commerce in Bangladesh mostly untaxed still: NBR chief

E-commerce in Bangladesh mostly untaxed still: NBR chief

FE REPORT 2021-03-05 10:57:47

Despite rapid expansion of the e-commerce industry in the country, there hasn't been any effective mechanism to trace and collect revenue from the sector. "It is very difficult to bring the industry...

Bangladesh government's borrowings overshoot target by  almost 30pc in June-Jan

Bangladesh government's borrowings overshoot target by almost 30pc in June-Jan

FE Report 2021-03-05 10:44:44

The government's net borrowing from the state-sponsored savings instruments stood at Tk 257.02 billion in the first seven months of fiscal year (FY) 2020-21, according to official statistics. The amo...

Vietnam's cloth import rises over two months

Vietnam's cloth import rises over two months

-- 2021-03-05 10:38:10

Vietnam spent nearly 1.9 billion US dollars importing cloth in the first two months of this year, posting a year-on-year rise of 17.6 per cent, according to the country's General Statistics Office on...

Expert body recommended for addressing post-LDC challenges

Expert body recommended for addressing post-LDC challenges

FE Report 2021-03-05 10:36:23

Trade experts and economists suggested on Thursday that the government form a central committee, comprising specialists from private and public sectors, to devise ways for weathering challenges in the...

China restores GDP growth target after economic rebound

China restores GDP growth target after economic rebound

REUTERS 2021-03-05 08:39:11

China on Friday restored its annual economic growth target, setting it at above 6.0 per cent, and pledged to create more jobs in cities than last year, as the world’s second-biggest economy emer...

Govt in comfortable spending position after economy averts crashing during pandemic

Govt in comfortable spending position after economy averts crashing during pandemic

UNB 2021-03-04 19:01:29

With the world economy stricken by the economic crisis brought on by the Covid-19 pandemic, the Bangladeshi economic engine has shown itself to be rather resilient in facing down the crisis and keepin...

Global reduction to increase 10-fold to meet Paris Agreement goals, study says

Global reduction to increase 10-fold to meet Paris Agreement goals, study says

-- 2021-03-04 17:13:18

Sixty-four countries reduced their fossil carbon-dioxide emissions during the period between 2016 and 2019, but the rate of global reduction needs to increase tenfold to meet the Paris Agreement goals...

Google won't use other web tracking tools

Google won't use other web tracking tools

-- 2021-03-04 14:17:22

Alphabet Inc’s Google will not build or use alternate tools to track web browsing traffic once it begins phasing out existing technology from its Chrome browser next year, it said in a blog post...

Facebook removes Thai military-linked information influencing accounts

Facebook removes Thai military-linked information influencing accounts

-- 2021-03-04 12:38:09

Facebook Inc has taken down 185 accounts and groups engaged in an information-influencing operation in Thailand run by the military, the company said on Wednesday, the first time it has removed Thai a...

US private payrolls miss expectations

US private payrolls miss expectations

-- 2021-03-04 12:13:36

US private payrolls increased less than expected in February amid job losses in manufacturing and construction, suggesting the labour market was struggling to regain speed despite the nation’s i...

Exports slightly drop in July-Feb period

Exports slightly drop in July-Feb period

FE REPORT 2021-03-04 08:01:49

The country's earnings from export of merchandise goods during the first eight months of the current fiscal year (FY), 2020-21, fell short of the strategic target by 3.61 per cent and reached US$ 25.8...

DCCI urges revenue board to reduce corporate tax

DCCI urges revenue board to reduce corporate tax

FE REPORT 2021-03-04 07:54:30

The Dhaka Chamber of Commerce and Industry (DCCI) on Wednesday proposed a gradual cut in the corporate tax rates, starting from the next fiscal year (FY). As per the plan, the chamber sought a 2.5 pe...

Zoom down for more than a thousand users

Zoom down for more than a thousand users

Reuters 2021-03-03 23:11:23

Zoom Video Communications Inc’s video-conferencing platform was down for more than a thousand users on Wednesday, according to outage tracking website Downtector.com. Downdetector showed there...

Big economies agree to boost IMF funding

Big economies agree to boost IMF funding

-- 2021-03-03 10:39:55

G20 major economies have agreed to raise International Monetary Fund reserves with a new allocation of the fund’s own special drawing rights (SDRs) currency, the IMF’s head said on Tuesday...

NEC approves Tk 1.98t revised ADP for FY21

NEC approves Tk 1.98t revised ADP for FY21

-- 2021-03-02 18:23:54

The National Economic Council (NEC) on Tuesday approved Tk 1.98 trillion (197,643 crore) revised Annual Development Programme (RADP) for the current fiscal year, downsizing the original ADP size of Tk...

US panel recommends export 'choke points' to prevent Chinese dominance in semiconductors

US panel recommends export 'choke points' to prevent Chinese dominance in semiconductors

-- 2021-03-02 10:28:15

A US national security commission has recommended Congress tighten up “choke points” on chipmaking technology to prevent China from overtaking the United States in semiconductors in the co...

US Democrats backpedal on raising minimum wage, but hopes for hike alive

US Democrats backpedal on raising minimum wage, but hopes for hike alive

-- 2021-03-02 09:55:06

The US Senate will start debating President Joe Biden’s $1.9 trillion coronavirus relief bill this week, Senate Majority Leader Chuck Schumer said on Monday after Democrats backed down from an e...

Sky begins to clear over US economy

Sky begins to clear over US economy

Reuters 2021-03-02 09:52:03

Despite the US economy’s near miss with a depression last year and an ongoing coronavirus pandemic that has brought travel to a virtual halt, Jeff Hurst, the chief executive of vacation rental f...