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Month: May 2017

Experts: Africa ‘Hemorrhaging’ Billions in Illicit Financial Flows

05/26/2017 Ranbiz

Africa loses an estimated $50 billion a year to illicit financial flows, leaving governments strapped for cash and dependent on development aid. The continent is “hemorrhaging” money because of the…

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Cassini Spacecraft Facing Glorious Death

05/26/2017 RanIT

It took seven years for the deep-space probe Cassini to reach Saturn. Since 2005 it has been studying the planet and its moons, sending troves of photos and information. As…

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Illinois Company Among Hundreds Supporting NASA Mission to Mars

05/26/2017 RanIT

A budget proposal by the Trump administration in March outlines a commitment to the National Aeronautics and Space Administration’s (NASA) effort to send astronauts to Mars. About $3.7 billion is…

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Fitness Trackers Bad at Measuring Calories Burned, Study Says

05/25/2017 RanIT

It’s probably not a good idea to decide what to eat based on how many calories your wearable fitness tracker says you’ve burned, according to a new study. Researchers at…

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OPEC, Non-OPEC Nations Poised to Extend Output Cuts

05/25/2017 Ranbiz

OPEC and other oil nations meeting Thursday appeared set to extend their production cuts in an effort to shore up prices. But the intended impact could be short-lived. That’s due…

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Computer Wins 2nd Game Against Chinese Go Champion

05/25/2017 RanIT

A computer beat China’s top player of go, one of the last games machines have yet to master, for a second time Thursday in a competition authorities limited the Chinese…

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New Zealand-Launched Rocket Reaches Space, Not Orbit

05/25/2017 RanIT

California-based company Rocket Lab said Thursday it had launched a test rocket into space from its New Zealand launch pad, although the rocket didn’t reach orbit as hoped.    The…

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China Expands Globally Amid Concerns Over its Mercantilist Policies

05/25/2017 Ranbiz

China recently rolled out a global economic initiative known as One Belt, One Road, named after the ancient Silk Road. Chinese President Xi Jinping says the initiative is aimed at…

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New Generation of Companies Looks to Create New Kind of Plant-based Food

05/25/2017 RanIT

In a San Francisco kitchen, chefs are re-creating everyday foods, such as eggs, mayonnaise, salad dressings and cookies from unconventional sources.  “Playing with ingredients that are totally different in the…

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Using the Internet to Monitor the Elderly at Home

05/25/2017 RanIT

According to the National Institutes of Health, 17 percent of people around the world will be 65 or older by 2050. Currently it is just more than 8 percent. That…

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Virtual Reality Lets Us Travel in Space and Time

05/25/2017 RanIT

An increasing number of museums and exhibition halls around the world use virtual reality technology to transport visitors to different spaces and different time. London’s Somerset House recently opened a…

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Africa Day 2017: Harnessing Demographic Dividend Through Investment in Youth

05/25/2017 Ranbiz

Africa is now the continent with the largest percentage of people under 35 years-old. Experts say that presents both opportunities and challenges. Harnessing the demographic dividend through investments in youth…

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Treasury Chief Says US Reviewing Iran’s Aircraft Licenses

05/25/2017 Ranbiz

U.S. Treasury Secretary Steven Mnuchin said on Wednesday that his department is reviewing licenses for Boeing Co and Airbus to sell aircraft to Iran, telling lawmakers he will increase sanctions…

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Instagram, Snapchat Rated ‘Worst’ Platforms for Young People

05/24/2017 RanIT

Instagram and Snapchat are the worst social media platform for young people’s mental health, and YouTube is the most positive, a new study suggests. The ranking comes in a report…

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Amazon Founder Gives $1 Million to Support Press Freedom

05/24/2017 RanIT

Amazon founder Jeff Bezos has promised to donate $1 million to support press freedom, the Reporters Committee for Freedom of the Press announced Tuesday. “This generous gift will help us…

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Moody’s Cuts China Credit Rating One Notch

05/24/2017 Ranbiz

Moody’s Investors Service downgraded China’s credit rating Wednesday – from Aa3 (Double A-3) to A1 – saying it expects China’s economy to erode in coming years as growth slows and…

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More Robots to Take Over Humans’ Jobs

05/24/2017 RanIT

According to a recent analysis, in about 15 years, depending on the country, up to 38 percent of jobs performed by humans may be turned over to robots. Experts who…

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E-vision Glasses Enhance Vision for the Legally Blind

05/24/2017 RanIT

There are an estimated 39 million blind people in the world. Another 200 million, people like Julissa Marquez, are visually impaired. A knife attack left her with a less than…

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Youth Robotics Contest Promotes Innovation for Africa Economic Growth

05/23/2017 RanIT

Several hundred middle school and high school students from Senegal and surrounding countries spent last week in Dakar building robots. Organizers of the annual robotics competition say the goal is…

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US Sues Fiat Chrysler Over Emissions Cheating Accusations

05/23/2017 Ranbiz

The U.S. government has filed a civil lawsuit against automaker Fiat Chrysler, saying the company has used illegal software to fake emission results on its diesel vehicles. The civil complaint…

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Tattoos Talk and Play Music

05/23/2017 RanIT

A tattoo artist in California has created what many of us can’t imagine — a tattoo that also produces sound. Artist Nate Siggard inks audio soundwaves onto the skin that…

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Proposed Trump Budget: More Military; Less for Social Programs

05/23/2017 Ranbiz

U.S. President Donald Trump is proposing major changes in the way Washington’s $4.1 trillion budget is spent, with more money for the military, border security, and veterans. The just-published budget…

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Google Aims to Connect Online Ads to Real-World Sales

05/23/2017 Ranbiz

Google already monitors your online shopping – but now it’s also keeping an eye on what you’re buying in real-world stores as part of its latest effort to sell more…

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Hopes Growing China May Ease Informal South Korea Sanctions

05/23/2017 Ranbiz

South Korea’s recent election of liberal politician Moon Jae-in as the country’s new president has triggered a shift in China’s approach to relations with Seoul. After months of harsh criticism…

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Health Care Ranks Near Top of CEO Pay Trends, Again

05/23/2017 Ranbiz

Pay checks have remained healthy for executives in the health care industry. A year after earning the highest compensation of any industry, health care remained close to the top in…

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Proposed Trump Budget Spares Old-age Programs, Slashes Other Items

05/23/2017 Ranbiz

President Donald Trump is proposing to balance the federal budget within 10 years by slashing many social programs, including some that help the poor pay for food and medical care,…

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