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Month: September 2017

Amid Increased International Sanctions, North Korea Turns to Bitcoin for Cash

09/24/2017 Ranbiz

North Korea’s cash-strapped regime has long sought workarounds to the increasingly harsh international sanctions aimed at tightening the financial noose around its nuclear and missile programs.   Now, according to…

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Official Criticizes London’s Move to Take Uber’s License

09/23/2017 RanIT

A British government minister has criticized the London authorities for deciding to strip Uber of its taxi license, a major setback to the U.S. technology firm that has become a…

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US Tech Companies Under Scrutiny in White House Russia Probe

09/22/2017 RanIT

Inside a converted port terminal, thousands of tech entrepreneurs gathered this week to pitch their ideas at TechCrunch Disrupt, an annual event that focuses on emerging technologies. But this is…

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London to End Uber Ride Hailing App Over ‘Security Implications’

09/22/2017 RanIT

Transport officials in London say they will not renew Uber’s license to operate in the city due to “a lack of corporate responsibility” in dealing with the ride hailing app’s…

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Solar Boom or Bust? Companies Seek Tariffs on Solar Imports

09/22/2017 Ranbiz

Cheap solar panels imported from China and other countries have led to a boom in the U.S. solar industry, where rooftop and other installations have surged 10-fold since 2011. But…

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Tech Under Scrutiny in Russian Investigation

09/22/2017 RanIT

The tech industry pitches itself as a force for good, connecting the world and helping information flow freely. But Silicon Valley is under increasing scrutiny with reports that people in…

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Mercedes-Benz to Invest $1 Billion in US Electric Car Plant 

09/22/2017 Ranbiz

German carmaker Mercedes-Benz has announced plans to invest $1 billion to start making electric vehicles at its manufacturing plant in the southern U.S. state of Alabama. The luxury automaker said…

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Next Round of NAFTA Talks Take on Thornier Issues

09/22/2017 Ranbiz

The United States will present new proposals and begin to weigh into thornier issues of the North American Free Trade Agreement in the third round of negotiations starting in Ottawa…

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Rohingya Crisis Dents Myanmar Hopes of Western Investment Boom

09/22/2017 Ranbiz

When officials from Myanmar’s commercial capital Yangon toured six European countries in June, they were hoping to drum up investment in transport, energy and education. Instead, they were bombarded with…

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China’s Small Factories Fear ‘Rail Armageddon’ with Orders to Ditch Trucks

09/22/2017 Ranbiz

Thousands of small factories in China, making everything from steel to chemicals, are scrambling for access to the country’s clogged rail network as Beijing curbs the use of diesel trucks…

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Trafficking, Debt Bondage Rampant in Thai Fishing Industry, Study Finds

09/21/2017 Ranbiz

More than a third of migrant fishermen in Thailand clearly were victims of trafficking over the past five years, and even more workers in the industry were possibly trafficked as…

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Iraqis Track Abandoned Homes With Digital Tools

09/21/2017 RanIT

In camps across northern Iraq, people forced from their homes by Islamic State militants are using their phones to track what is happening to their properties, according to researchers who…

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Facebook to Release Russia Ads, Beef Up Election ‘Integrity’

09/21/2017 RanIT

Facebook is slowly acknowledging the outsized — if unintended 0151— role it played in the 2016 U.S. presidential elections.   Bowing to pressure from lawmakers and the public, the company…

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Review: iTunes Video Upgrade Makes New Apple TV Worth It

09/21/2017 RanIT

It might seem odd to review the new Apple TV streaming device — one specifically designed to display super-sharp video known as 4K — without actually owning a 4K TV.…

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The ATM at 50: How It’s Changed Consumer Behavior

09/21/2017 Ranbiz

An automated teller machine. The cash machine. In Britain, a cashpoint. ATMs, known for spitting out $20 bills (and imposing fees if you pick the wrong one), turn 50 years…

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French Protesters Stage Fresh Protests to Macron’s Labor Law

09/21/2017 Ranbiz

French labor unions staged fresh protests against President Emmanuel Macron’s contested labor law reforms Thursday — a day before he adopts them by executive order.   The nationwide action backed by…

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Claims for US Jobless Aid Fall as Hurricane Impact Recedes

09/21/2017 Ranbiz

The number of Americans seeking unemployment benefits dropped by 23,000 last week to 259,000 as the economic impact of Hurricane Harvey began to fade.   The Labor Department said Thursday…

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Fed Agency Urging Corporate Cybersecurity Upgrades Hacked

09/21/2017 Ranbiz

The federal agency responsible for ensuring that markets function as they should and for protecting investors was hacked last year and the intruders may have used the nonpublic information they…

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Standard & Poor’s Cuts China Credit Rating, Citing Debt

09/21/2017 Ranbiz

The Standard & Poor’s rating agency cut China’s credit rating Thursday due to its rising debts, highlighting challenges faced by Communist leaders as they cope with slowing economic growth. The…

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Passive Polygraph Takes Lie Detection into 21st Century

09/21/2017 RanIT

A ‘passive polygraph,’ developed by SilvertLogic Labs in Seattle, Washington, is a high-tech version of the lie-detector test. Faith Lapidus explains how it works. …

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Google Bets Big on Hardware With HTC Buy

09/21/2017 RanIT

Google is biting off a big piece of device manufacturer HTC for $1.1 billion to expand its efforts to build phones, speakers and other gadgets equipped with its arsenal of…

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Nevada Lab: Quake-resistant Bridge Design Tests Well

09/21/2017 RanIT

Scientists at a Nevada earthquake lab Wednesday tested new bridge designs with connectors they say are innovative and created to better withstand violent temblors and speed reconstruction efforts after major…

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Fed Keeps US Rates Steady, to Start Portfolio Drawdown in October

09/20/2017 Ranbiz

The U.S. Federal Reserve left interest rates unchanged on Wednesday but signaled it still expects one more increase by the end of the year despite a recent bout of low…

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Internet Firms Say Removing Extremist Content Within Hours Is Huge Challenge

09/20/2017 RanIT

Removing extremist content from the internet within a few hours of it appearing poses “an enormous technological and scientific challenge,” Google’s general counsel will say later Wednesday to European leaders…

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US Advises Banks to Watch for Venezuelan Corruption

09/20/2017 Ranbiz

The U.S. Treasury is advising banks to be on the lookout for suspicious financial activity involving corrupt Venezuelan officials as the Trump administration tightens its financial noose around President Nicolas…

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EU, Canada Launch Free Trade Agreement While Britain Eyes Own Deal

09/20/2017 Ranbiz

The European Union and Canada will begin cutting import duties from Thursday on thousands of products and services in a reminder to Britain of the work it will take to…

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