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Month: January 2018

New York to Probe Firms that Sells Fake Social Media Followers

01/29/2018 RanIT

New York State Attorney General Eric Schneiderman has launched an investigation of a firm that allegedly sold millions of fake followers to social media users. The company, Devumi, sold more…

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IKEA Furniture Magnate Ingvar Kamprad Dies at 91

01/28/2018 Ranbiz

Ingvar Kamprad, who founded Sweden’s IKEA furniture brand and transformed it into a worldwide business empire, has died at the age of 91. Kamprad died Saturday of pneumonia in the…

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Mumbai’s Dharavi Breaks Stereotypes of Slum for Foreign Tourists

01/28/2018 Ranbiz

Why has Mumbai’s largest slum, which packs some one million people in about two square kilometers, emerged as an unlikely stop for foreign tourists? The draw is not images of…

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Trump Lauds US Economic Performance

01/28/2018 Ranbiz

U.S. President Donald Trump touted the continued growth of the U.S. economy on Sunday, saying it is “better than it has been in many decades.” “Businesses are coming back to…

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Scientists Create a New Type of Hologram

01/28/2018 RanIT

Projecting three-dimensional (3D) images in thin air, called holography, moved from science fiction to reality a long time ago. But this type of graphic display is not in wide use…

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Using Technology to Teach Not Distract

01/28/2018 RanIT

Incorporating technology into learning can sometimes be a slippery slope toward computer distraction. That’s why some of the best new educational tools work in the real and the virtual world.…

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Coincheck to Return $425M in Virtual Money Lost to Hackers

01/28/2018 RanIT

Tokyo-based cryptocurrency exchange Coincheck Inc said Sunday it would return about 46.3 billion yen ($425 million) of the virtual money it lost to hackers two days ago in one of…

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EPA Puts Brakes on Approval Process for Gold, Copper Mine

01/27/2018 Ranbiz

In a surprise move, the U.S. Environmental Protection Agency reversed itself Friday and stopped the approval process for the proposed Pebble Mine copper and gold mine project in southwest Alaska’s…

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Pacific Trade Deal Will Move Forward Without the US

01/27/2018 Ranbiz

President Donald Trump’s “America First” policy on trade aims to reverse decades of lopsided exchange by withdrawing from international trade deals, renegotiating others and raising tariffs on foreign-made goods destined…

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Enthusiast Builds a Steam-powered SUV

01/27/2018 RanIT

Although long replaced by more efficient types of engines, steam-powered machines still have a certain appeal, and not just for museum-goers. In Britain, the country that gave us both the…

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Alaska Delegation Wants Some Waters Out of Drilling Plan

01/27/2018 Ranbiz

Alaska’s all-Republican congressional delegation three weeks ago praised Interior Secretary Ryan Zinke after he announced nearly all federal waters off the state’s coast could be offered for petroleum lease sales.…

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US Trade Body Backs Canadian Plane Maker Bombardier Against Boeing

01/27/2018 Ranbiz

A U.S. trade commission on Friday handed an unexpected victory to Bombardier Inc. against Boeing Co., in a ruling that allows the Canadian company to sell its newest jets to U.S. airlines without…

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Trump Warns Rivals About Trade Practices in Davos Speech

01/26/2018 Ranbiz

President Donald Trump has warned that the United States will no longer tolerate unfair trade practices and will always put America first in future trade deals. Giving the closing speech…

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Tokyo-based Cryptocurrency Exchange Hacked, $530 Million Lost

01/26/2018 Ranbiz

Coincheck, a major cryptocurrency trading exchange in Tokyo, has been hacked into and has lost about $534 million worth of virtual money, national broadcaster NHK reported on Friday. Coincheck posted…

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Analysts Skeptical of China’s Boast on Industrial Performance

01/26/2018 Ranbiz

The Chinese government recently claimed that 98 major state-run industries have turned in the best industrial and financial performance in 2017 compared to the past five years. These companies, which…

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Trump Defends ‘America First’ Policy at Davos Forum

01/26/2018 Ranbiz

In a strong defense of his “America First” policies, U.S. President Donald Trump on Friday told a gathering of global business and political luminaries that the world would benefit from…

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Report Sees Profit in Restoring Degraded Land

01/26/2018 Ranbiz

There’s money to be made planting trees, according to a new report. Around the world, an area larger than all of South America has been deforested, eroded, drained or salinized.…

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A Cheap Test for Potable Water

01/26/2018 RanIT

According to the World Health Organization, 2.1 billion people do not have access to safe drinking water. Many of them rely on wells and streams, making testing the water for…

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Despite Sanctions, N. Korea Reportedly Exported Coal to S. Korea,  Japan via Russia

01/26/2018 Ranbiz

North Korea shipped coal to Russia last year which was then delivered to South Korea and Japan in a likely violation of U.N. sanctions, three Western European intelligence sources said.…

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Nutella Riots Spread Across France

01/26/2018 Ranbiz

Grocery shopping went a little nuts in France when a supermarket chain deeply discounted jars of Nutella. Aficionados of the chocolate hazelnut spread jostled and fought each other when the…

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Melinda Gates Launches Initiative to Reduce Poverty With New Technology

01/25/2018 RanIT

Melinda Gates has launched a high-level international commission to spark new thinking on how developing countries can best harness new technologies to reduce poverty. The wife of Microsoft founder and…

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At Davos Forum, Trump Threatens to Cut Aid to Palestinians

01/25/2018 Ranbiz

U.S. President Donald Trump has questioned whether peace talks between the Israelis and Palestinians will ever resume. Trump made the remarks in a meeting with Israeli Prime Minister Benjamin Netanyahu…

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US, Mexican Unions to File NAFTA Complaint Over Labor Bill

01/25/2018 Ranbiz

U.S. and Mexican unions will formally complain to the U.S. Labor Department on Thursday that Mexico continues to violate NAFTA’s weak labor standards, a move that they hope will persuade…

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Puerto Rico Warns of 11 Percent GDP Drop in new Fiscal Plan

01/25/2018 Ranbiz

Puerto Rico’s governor submitted a revised fiscal plan overnight Thursday that estimates the U.S. Caribbean territory’s economy will shrink by 11 percent and its population drop by nearly 8 percent…

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A Girl, a Stranger, and a Quest for Justice in China

01/25/2018 RanIT

The young woman, new to the grind of Chinese factory life, knew the man who called himself Kalen only by the photo on his chat profile. It showed him with…

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China Pledges to Further Open Up Economy at Davos

01/25/2018 Ranbiz

A top economic adviser and trusted aid of Chinese leader Xi Jinping has promised that reforms are coming to China this year and adds that some could even “exceed expectations.”…

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