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Month: June 2017

Experts: Fake News, Propaganda, Disinformation Has Always Existed

06/13/2017 RanIT

Fake news, propaganda and disinformation has always existed. What sets today apart from years gone by is its rapid dissemination and global reach, experts say.  Concerns raised by the instant…

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Uber CEO Takes Leave of Absence Amid Controversies

06/13/2017 Ranbiz

Uber’s embattled CEO Travis Kalanick announced Tuesday that he is taking a leave of absence from the company for an unspecified amount of time. He made the announcement to employees…

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Apple Issues $1B Green Bond After Trump’s Paris Climate Exit

06/13/2017 RanIT

Apple Inc. offered a $1 billion bond dedicated to financing clean energy and environmental projects on Tuesday, the first corporate green bond offered since President Donald Trump withdrew the United…

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GM Says It Has Made 130 Self-driving Bolts

06/13/2017 RanIT

General Motors says it has built 130 self-driving Chevrolet Bolt electric cars at a factory in suburban Detroit. The cars are equipped with GM’s second-generation self-driving software and equipment. They…

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Trump Administration Looks to Curb CFPB Powers, Change Bank Rules

06/13/2017 Ranbiz

The Trump administration is proposing to curb the authority of the consumer finance watchdog created following the economic crisis as it drives toward easing restrictions on banks and financial institutions.…

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Augmented Reality for Children’s Coloring Books

06/13/2017 RanIT

Augmented reality is slowly entering everyday life, and Swiss researchers say it can be used to study children’s behavior. A new app for tablet computers helps them study whether playing…

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Business Confidence Plummets as Political Crisis Grips Britain

06/13/2017 Ranbiz

Britain’s descent into political crisis just days before Brexit talks begin has sapped confidence among business leaders and infuriated bosses who were already grappling with the fallout from the vote…

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Treasury: Trump Has Plan If Debt Limit Not Raised by August

06/13/2017 Ranbiz

The Trump administration has a backup plan to keep the government from defaulting on its financial obligations even if Congress misses an August deadline to raise the debt limit, Treasury…

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Israel Reduces Power Supply to Gaza, as Abbas Pressures Hamas

06/13/2017 Ranbiz

Israel will reduce electricity supplies to the Gaza Strip after the Palestinian Authority limited how much it pays for power to the enclave run by Hamas, Israeli officials said Monday.…

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Brazil’s Crisis Stalling Economic Reforms Seen as Crucial

06/13/2017 Ranbiz

Work longer hours. Get fewer benefits. Retire years later. Those are the ingredients of the bitter medicine Brazilians are being asked to swallow as a cure for the country’s moribund,…

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Cybersecurity Firms Warn of Malware That Could Cause Power Outages

06/12/2017 RanIT

Two cybersecurity firms said they have uncovered malicious software that they believe caused a December 2016 Ukraine power outage, warning that the malware could be easily modified to harm critical…

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Researchers Say Power-grid-wrecking Software Discovered

06/12/2017 RanIT

Researchers say they’ve discovered a worrying breed of power grid-wrecking software, saying the program was likely responsible for a brief blackout that hit Kyiv, Ukraine, late last year.   Slovakia-based…

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US Top Court Rules for Microsoft in Xbox Class Action Fight

06/12/2017 RanIT

The U.S. Supreme Court on Monday ruled in favor of Microsoft Corp in its bid to fend off class action claims by Xbox 360 owners who said the popular video…

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GE CEO Immelt Stepping Down, Flannery to Take Over Role

06/12/2017 Ranbiz

General Electric says Jeff Immelt is stepping down as CEO. John Flannery, president and CEO of the conglomerate’s health care unit, will take over the post in August.   The…

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Bangladesh Trains Girls to Fight Online Predators

06/12/2017 RanIT

Bangladesh has begun training thousands of school girls to protect them from being blackmailed or harassed online following an alarming rise in cybercrimes.  The Information & Communication Technology (ICT) Division…

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Uber Discussing Leave for CEO, Reports Say

06/11/2017 Ranbiz

The board of Uber was meeting Sunday to consider placing the CEO of the ride-hailing company on leave, according The New York Times and other news outlets.   The Times…

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Data Gathering Turns Zurich into Virtual City

06/11/2017 RanIT

Do you ever wonder what could be done with all of those street views and Instagram photos of your favorite city? Well, a group of technical experts has taken all…

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New Google Project Digitizes World’s Top Fashion Archives

06/10/2017 RanIT

Anyone who has waited on a long, snaking line to get into a fashion exhibit at a top museum knows just how popular they’ve become — and more broadly, how…

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US Commerce Chief Seen Imposing Mexico Sugar Deal Over Industry Objections

06/09/2017 Ranbiz

U.S. Commerce Secretary Wilbur Ross is likely to impose a new sugar trade deal with Mexico even if final revisions to it fail to win support from the U.S. industry,…

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L’Oreal Set to Sell The Body Shop to Brazil’s Natura in $1.1B Deal

06/09/2017 Ranbiz

French cosmetics and luxury goods group L’Oreal has started exclusive talks to sell The Body Shop business to Brazilian makeup company Natura Cosmeticos in a possible 1 billion euros ($1.1…

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Apple CEO to MIT Grads: Tech Without Values is Worthless

06/09/2017 RanIT

Science is worthless if it isn’t motivated by basic human values and the desire to help people, Apple CEO Tim Cook told graduates of the Massachusetts Institute of Technology on…

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Japan’s SoftBank Buys Robotics Leader Boston Dynamics From Alphabet

06/09/2017 RanIT

Japanese internet, solar and technology company SoftBank Group Corp. is buying robotics pioneer Boston Dynamics from Alphabet Inc., Google’s parent. Terms of the deal, announced Friday, including when it might…

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SE Asia Urged to Step Up Cooperation in Fight Against Cybercrime

06/09/2017 RanIT

Asia Pacific nations are facing rising challenges posed by cybercrime and security breaches amid escalating economic costs from cyber attacks. Regional businesses and governments say policy reforms are needed against…

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China Bike-Share Revolution Brings Convenience, Headaches

06/09/2017 Ranbiz

Thanks to an explosion of bike share apps and providers, China is rediscovering its love of bicycles. In cities across the country and in the capital of Beijing, a colorful…

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Documentary "Zero Days" a Warning of Wide Scale Cyberattacks

06/09/2017 RanIT

The recent attack by the computer virus WannaCry infected more than 230,000 computers in more than 150 countries. It is not clear who is behind it, but the attack was…

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Chinese Consumers Falling in Love with Gadgets

06/09/2017 RanIT

China’s open policy toward technology firms is rapidly transforming its society into a Western-style consumer environment, ever hungry for new gadgets. As a casual visitor at this year’s Shanghai Consumer…

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