Portal:Technology

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Technology ("science of craft", from Greek τέχνη, techne, "art, skill, cunning of hand"; and -λογία, -logia) is the sum of techniques, skills, methods, and processes used in the production of goods or services or in the accomplishment of objectives, such as scientific investigation. Technology can be the knowledge of techniques, processes, and the like, or it can be embedded in machines to allow for operation without detailed knowledge of their workings. Systems (e.g. machines) applying technology by taking an input, changing it according to the system's use, and then producing an outcome are referred to as technology systems or technological systems.

The simplest form of technology is the development and use of basic tools. The prehistoric discovery of how to control fire and the later Neolithic Revolution increased the available sources of food, and the invention of the wheel helped humans to travel in and control their environment. Developments in historic times, including the printing press, the telephone, and the Internet, have lessened physical barriers to communication and allowed humans to interact freely on a global scale.

Technology has many effects. It has helped develop more advanced economies (including today's global economy) and has allowed the rise of a leisure class. Many technological processes produce unwanted by-products known as pollution and deplete natural resources to the detriment of Earth's environment. Innovations have always influenced the values of a society and raised new questions in the ethics of technology. Examples include the rise of the notion of efficiency in terms of human productivity, and the challenges of bioethics. (Full article...)

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November 12, 2020 – Economic impact of the COVID-19 pandemic
Finance Minister Nirmala Sitharaman announces a $35.14 billion package to stimulate the economy by boosting jobs, consumer demand, manufacturing, agriculture and exports hit by the COVID-19 pandemic. She said the package includes 9 billion rupees ($121 million) for development of a vaccine by the government’s biotechnology department. (ABC News)
October 26, 2020 –
Chinese financial technology firm Ant Group debuts on the Hong Kong and Shanghai Stock Exchanges, with its IPO worth up to US$34.4 billion. This surpasses Saudi Aramco, whose IPO was worth US$29.4 billion, as the strongest debut on a stock exchange. Jack Ma, whose company Alibaba Group is backing the debut, is expected to become the richest man in China as a result. (BBC)
September 19, 2020 – Internet censorship in the United States, China–United States trade war
Chinese technology company ByteDance announces a proposed joint deal with American corporations Oracle and Walmart to continue the operation of its video-sharing social networking service TikTok in the United States under the name Tiktok Global. U.S. President Donald Trump recognizes the proposal, having threatened to ban the service in suspicion of Chinese espionage should ByteDance have failed to reach a deal with an American firm. (AFP via The Hindu) (NPR)

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