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Month: July 2017

Britain Hails Spanish Investment as Sign of Confidence in Economy

07/13/2017 Ranbiz

Spanish companies will commit millions of pounds of investment to Britain on Thursday, the British government said, as it seeks to limit the economic impact of leaving the European Union.…

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Tensions Rise in Silicon Valley Over Trump Decision

07/13/2017 RanIT

Silicon Valley is reeling over a decision this week by the Trump administration to delay and most likely kill a new avenue for entrepreneurs to come to the U.S. The…

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Tanzania’s Women Street Cooks Hope for Safety, Loans

07/13/2017 Ranbiz

It’s nearly midday at the bustling Tegeta bus terminal in Tanzania’s biggest city and Olivia Mbiku is busy preparing ugali – a popular maize meal – beef stew and vegetables…

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Brazil House Speaker Stands Up to President on Labor Reform

07/12/2017 Ranbiz

The speaker of Brazil’s lower house vowed Wednesday to fight any changes President Michel Temer makes to a labor reform bill passed by the Senate, highlighting new tension between longtime…

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French Court Annuls Google’s $1.27 Billion Back Tax Bill

07/12/2017 RanIT

A French court annulled a 1.1 billion-euro ($1.27 billion) tax adjustment imposed on Google by France’s tax authorities, saying Wednesday that the way the California firm operates in France allows…

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Tech Firms Protest Proposed Changes to US Net Neutrality Rules

07/12/2017 RanIT

Facebook, Twitter, Alphabet and dozens of other major technology companies protested online on Wednesday against proposed changes to U.S. net neutrality rules that prohibit broadband providers from giving or selling…

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Iraq Plans to Offer New Exploration Rights for Oil, Gas

07/12/2017 Ranbiz

Iraq says it will offer new oil and gas exploration rights as it looks to boost energy revenues to fund its war against the Islamic State group and shore up…

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Yellen Words to be Parsed for Clues to Rates, Her Future

07/12/2017 Ranbiz

When Janet Yellen delivers her testimony on the Federal Reserve’s semiannual report to Congress on Wednesday, investors may listen as much for clues to her own future – and the…

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Solar Panels Have Become Major Source of Energy in Ravaged Syrian Communities

07/12/2017 RanIT

Environmentalists promote solar energy as an option to reduce pollution, but in places without a central electricity supply solar panels can be a practical solution. They are frequently used by…

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High Tech Gives Wimbledon a New Look

07/12/2017 RanIT

Not all the action now underway at Wimbledon is on the tennis court. In back rooms on the tournament site, technology is taking the matches to a whole new level.…

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Takata Announces Another Recall of Air Bags

07/12/2017 Ranbiz

Japanese car parts company Takata on Tuesday recalled another 2.7 million air bags that it previously thought were safe. The recall affects certain Ford, Mazda and Nissan cars from the…

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With Boko Haram Threat Receding, Nigeria Allows Fishing to Resume in Lake Chad

07/12/2017 Ranbiz

Three years ago, at the peak of the Boko Haram insurgency, Nigerian soldiers stopped all fishing activities in the country’s section of Lake Chad. Militants had infiltrated the ranks of…

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Coal Plan Sparks Ire as Myanmar Struggles to Keep Lights On

07/12/2017 Ranbiz

Opposition to a planned $3 billion coal-fired power plant in eastern Myanmar is highlighting the challenges facing Aung San Suu Kyi’s government in crafting a coherent energy policy in one…

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Intel Introduces New Chips in Bid for Data Center Business

07/12/2017 RanIT

Intel Corp. on Tuesday announced a new line of microprocessors for data centers, setting up a battle with Advanced Micro Devices and others for the lucrative business of supplying the…

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Twitter Hires ex-Goldman Managing Director as CFO

07/12/2017 RanIT

Twitter on Tuesday hired Ned Segal, senior vice president of finance at Intuit and a former managing director at Goldman Sachs Group, as its chief financial officer beginning in late…

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Report: Small Satellites Driving Space Industry Growth

07/12/2017 RanIT

Small satellites used for observing conditions on the earth are the fastest growing segment of the $260.5 billion global satellite industry, the Satellite Industries Association said in an annual report…

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Get on Twitter, @Lagarde Tells Policymakers

07/11/2017 Ranbiz

How do you explain the European Central Bank’s capital key in 140 characters? Or the U.S. Federal Reserve’s dot plot? Difficult. But International Monetary Fund chief Christine Lagarde wants the…

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Microsoft Eyes TV White Spaces to Boost Internet in Rural America

07/11/2017 RanIT

Microsoft wants to extend broadband services to rural America by using the buffer zones separating individual television channels in the airwaves. Microsoft plans to partner with rural telecommunications providers in…

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Thailand Greenlights First Phase of $5.5-bln Railway Project with China

07/11/2017 Ranbiz

Thailand’s Cabinet on Tuesday approved construction of the first phase of a $5.5-billion railway project to link the industrial eastern seaboard with southern China through landlocked Laos, as part of…

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41 Percent of Americans Have Experienced Online Harassment

07/11/2017 RanIT

Forty-one percent of Americans say they’ve experienced online harassment, a new survey says. According to the Pew Research Center, that number is up from 2014, the last time they did…

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Silicon ValleyLeave a comment

Despite Winning Freedom, Many Former Fishing Slaves Struggle

07/11/2017 Ranbiz

On the day they were freed from slavery, the fishermen hugged, high-fived and sprinted through a stinging rain to line up so they wouldn’t be left behind. But even as…

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Congress May Bar States From Setting Self-driving Car Rules

07/11/2017 RanIT

U.S. House Republicans expect to introduce bills later this week that would bar states from setting their own rules for self-driving cars and take other steps to remove obstacles to…

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Russia Calls EU-Ukraine Pact ‘Exemplary’ Breach of WTO Rules

07/11/2017 Ranbiz

Russia has indicated a potential new legal salvo in its trade war with Ukraine and the European Union, telling the World Trade Organization that a trade deal between Kiev and…

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Trial Begins in Japan for CEO of Failed Bitcoin Exchange Mt. Gox

07/11/2017 Ranbiz

The former chief executive officer of the failed Bitcoin exchange Mt. Gox pleaded not guilty to charges that he stole hundreds of millions of dollars’ worth of the virtual currency.…

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Whiskey Byproduct Will Power Cars

07/11/2017 RanIT

Every now and then, it pays to revisit abandoned methods for using a waste product of an industrial process. Researchers in Scotland found a profitable way to use byproducts of…

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Spyware in Mexico Targeted International Experts Critical of Government

07/11/2017 RanIT

Investigators said Monday that targets of high-tech spying in Mexico included an international group of experts backed by the Organization of American States who had criticized the government’s probe into…

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