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Month: June 2017

Tech Innovations for Developing Countries

06/28/2017 RanIT

While technological revolution is changing much of the world, there are still areas that have seen only very small benefits, or none at all. There, people still live without electricity,…

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Ready or Not, Indian Businesses Brace for Biggest-ever Tax Reform

06/28/2017 Ranbiz

Businessman Pankaj Jain is so worried about the impending launch of a new sales tax in India that he is thinking of shutting down his tiny textile factory for a…

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EU Hits Google With $2.7B Fine for Abusing Weaker Rivals

06/28/2017 Ranbiz

European regulators fined Google a record 2.42 billion euros ($2.72 billion) for abusing its dominance of the online search market in a case that could be just the opening salvo…

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AP Explains: What is Ransomware?

06/28/2017 RanIT

Computers around the world were locked up and users’ files held for ransom in a cyberattack Tuesday that paralyzed some hospitals, government offices and major multinational corporations. Here’s a look…

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Trump Hails ‘Energy Revolution’ as Exports Surge

06/28/2017 Ranbiz

President Donald Trump on Tuesday hailed an energy revolution marked by surging U.S. exports of oil and natural gas. Trump cited a series of steps the administration has taken to…

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Arab Sanctions Put Crimp in Doha Hotels’ Business

06/27/2017 Ranbiz

A boycott imposed by four Arab nations that accuse Qatar of supporting terrorism is squeezing the tourism sector, and Doha’s hotels, which would normally be full in the Eid al-Fitr…

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US Commerce Secretary: US, Europe Should Have Trade Accord

06/27/2017 Ranbiz

U.S. Commerce Secretary Wilbur Ross said Tuesday that the United States and the European Union should have a free trade agreement, and German Chancellor Angela Merkel called for work on…

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Not Just for Gamers and Techies, HoloLens Gets Down to Business

06/27/2017 RanIT

Tech enthusiasts may be drawn to HoloLens, the head-mounted holographic computer from Microsoft, but company executives say businesses also should consider how it can help improve their bottom line. The…

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Facebook Announces It Now Has 2 Billion Users

06/27/2017 RanIT

Facebook announced Tuesday that it now has more than 2 billion users. Facebook, which was a social website available only to Harvard University students when it was launched in 2004,…

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EU Fines Google $2.7 Billion

06/27/2017 RanIT

EU antitrust regulators fined Google $2.7 billion Tuesday for unfairly boosting search results for its online shopping service. The European Union said Google began efforts in 2008 to boost the…

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Asserting ‘Dominance,’ Trump Seeks Boost for US Energy Exports

06/27/2017 Ranbiz

President Donald Trump on Thursday will lay out his plan for reducing regulations to boost already-abundant U.S. production of oil, natural gas and coal and export it around the world,…

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Move to Rename Harlem Neighborhood Sparks Outrage Over Erasing Black History

06/27/2017 Ranbiz

New York City real estate companies’ attempts to rename a Harlem neighborhood “SoHa” have enraged longtime residents of the historically black enclave, who say the move erases the community’s rich…

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Food Prize Laureate: Future of African Youth Lies in Agriculture, Not Europe

06/27/2017 Ranbiz

Making agriculture profitable and “cool” for young people in Africa is key to lifting millions out of poverty and stemming migration to Europe, said the president of the African Development…

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Trial of Chinese Billionaire in UN Bribery Case Opens

06/27/2017 Ranbiz

Jury selection began Monday in the trial of a Chinese billionaire accused of bribing United Nations diplomats to gain their approval of a U.N. conference center he wanted to build.…

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Study: 10 Percent of Fish Caught in Oceans Get Dumped

06/27/2017 Ranbiz

Fishing fleets dump about 10 percent of the fish they catch back into the ocean in an “enormous waste” of low-value fish despite some progress in limiting discards in recent…

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Pakistani Farmers Get Tips via Text

06/27/2017 RanIT

The latest farm tools on the job in Pakistan are cell phones and satellites. A new program is using satellite data to estimate how much water a field needs, and…

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Social Media Giants Join Together to Fight Terrorist Content

06/26/2017 RanIT

Social media giants Facebook, Twitter, YouTube and Microsoft say they are forming a working group to remove terrorist content from their platforms. The global technology companies announced Monday they are…

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Saudi Business Cheers Leadership Shift, Frets Over Reform, Region

06/26/2017 Ranbiz

The promotion of Saudi Arabia’s top economic reformer to crown prince has cheered business leaders who believe it will open up new opportunities. But they worry about officials’ ability to…

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How the Federal Reserve Serves US Foreign Intelligence

06/26/2017 Ranbiz

The Federal Reserve’s little-known role housing the assets of other central banks comes with a unique benefit to the United States: It serves as a source of foreign intelligence for…

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Study Shows Drone Investment Soars

06/26/2017 Ranbiz

A study by aviation experts says the number of non-military drones will grow very quickly over the next 10 years, as investment soars and capability improves. Drones are unmanned aircraft, remotely…

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Vietnam Faces New Oil Dispute With China After Beijing Cuts Visit Short

06/26/2017 Ranbiz

China and Vietnam face a stiff new test in avoiding a showdown over undersea oil drilling after Beijing cut short a high-level meeting last week, but experts say the two…

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Air Bag Maker Takata Files For Bankruptcy in Japan, US

06/26/2017 Ranbiz

Japanese air bag maker Takata Corp. has filed for bankruptcy protection in Tokyo and the U.S., overwhelmed by lawsuits and recall costs related to its production of faulty air bag…

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SpaceX Launches 10 Satellites

06/25/2017 RanIT

A SpaceX rocket carried 10 communications satellites into orbit from California on Sunday, two days after the company successfully launched a satellite from Florida. The Falcon 9 rocket blasted off…

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Debt, Protectionism Could Drag Down Improving Global Economy

06/25/2017 Ranbiz

The global economy has picked up and prospects for the next few months are the best in a long time.   But the recovery is maturing and faces risks from…

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Spyware to Tap Into Smartphones Puts Users’ Rights at Risk

06/25/2017 RanIT

Governments around the world are using surveillance software that taps into individual smartphones, taking screenshots, reading email and tracking users’ movements, according to security experts and civil liberties groups. The…

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Ford’s China Move Casts New Cloud on Mexican Automaking

06/24/2017 Ranbiz

A second U-turn this year by Ford Motor Co. in Mexico has raised the specter of Chinese competition for local carmaking, adding to pressure on the industry after repeated threats…

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