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Month: March 2018

Facebook’s Zuckerberg: ‘We Need to Step Up’ to Protect User Data  

03/21/2018 RanIT

Facebook founder Mark Zuckerberg has released a statement about the social network’s part in an illegal data collection scandal.  “We have a responsibility to protect your data, and if we…

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Facebook Founder: We Made a Mistake in Trying to Protect User Data

03/21/2018 RanIT

Facebook founder Mark Zuckerberg said in a rare television interview Wednesday that Facebook clearly made a mistake in its part in an illegal data collection scandal. “This was a major…

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US, EU to Launch Fresh Round of Talks to Settle Trade Spats 

03/21/2018 Ranbiz

The U.S. and the European Union are set to engage in a new round of talks to resolve trade disputes, including those over U.S.-proposed tariffs on steel and aluminum imports.…

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US Central Bank Slightly Bumps Up Interest Rate

03/21/2018 Ranbiz

Top officials of the U.S. central bank raised the key interest rate slightly Wednesday, amid strong job gains and moderate economic growth.  The rate is one-quarter of a percentage point…

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Record-Size US Offshore Oil Lease Sale Draws Modest Bidding

03/21/2018 Ranbiz

The largest lease sale in American history in the offshore Gulf of Mexico yielded $124.76 million in winning bids Wednesday, a modest response to the Trump administration’s effort to pump…

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EXCLUSIVE: Kaspersky Lab Plans Swiss Data Center to Combat Spying Allegations: Documents

03/21/2018 RanIT

Moscow-based Kaspersky Lab plans to open a data center in Switzerland to address Western government concerns that Russia exploits its anti-virus software to spy on customers, according to internal documents…

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New Technology Being Developed for Pacemakers

03/21/2018 RanIT

When you are watching a television show and see someone get their heart shocked back into a rhythm, you will see their entire body rise up in the air. That’s…

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In Lab, 3-D Printing Cuts Costs, Manufacturing Time of Heat Exchangers

03/21/2018 RanIT

Heat exchangers are some of the most widely used energy-transfer devices, helping cool everything from car engines to power plants. At the recent ARPA-e conference, organized by the U.S. Department…

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China Tests Unmanned Tanks in Modernization Push

03/21/2018 RanIT

China is testing unmanned tanks that could be equipped with artificial intelligence, a state-run newspaper said Wednesday, as the country continues with its military modernization program. State television showed images…

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Peter Peterson, Billionaire and Philanthropist, Dies at 91

03/21/2018 Ranbiz

Peter G. Peterson, a billionaire and business executive who became one of the most prominent voices to argue for entitlement reform and reducing the U.S. national debt, died of natural…

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Can Self-Driving Cars Withstand First Fatality?

03/21/2018 RanIT

The deadly collision between an Uber autonomous vehicle and a pedestrian near Phoenix is bringing calls for tougher self-driving regulations, but advocates for a hands-off approach say big changes aren’t…

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Report: Women Short-Changed on Commercial Land Deals in Africa

03/21/2018 Ranbiz

Women are often short-changed compared to men when communities are compensated or resettled during commercial land deals in Africa, and governments should take action to rectify that, researchers said Tuesday.…

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Breaking Up With Facebook Harder Than It Looks

03/21/2018 RanIT

Facebook’s latest privacy scandal, involving Trump campaign consultants who allegedly stole data on tens of millions of users in order to influence elections, has some people reconsidering their relationship status…

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Trump Tariffs Set Off Industry Scramble for Exemptions

03/21/2018 Ranbiz

When Commerce Secretary Wilbur Ross held up a can of Campbell’s soup in a CNBC interview to make the case that the Trump administration’s steel and aluminum tariffs were “no…

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Zuckerberg Asked to Testify in UK; Data Firm’s CEO Suspended

03/21/2018 RanIT

A British parliamentary committee on Tuesday summoned Facebook CEO Mark Zuckerberg to answer questions as authorities stepped up efforts to determine if the personal data of social-media users has been…

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G-20 Sees Need for ‘Dialogue,’ Fails to Defuse Trade War Threat

03/21/2018 Ranbiz

The world’s financial leaders rejected protectionism Tuesday and urged “further dialogue” on trade, but failed to blunt the threat of a trade war days before U.S. metals tariffs take effect…

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Border Wall, Tunnel Tussle Hold Up Sweeping US Spending Bill

03/20/2018 Ranbiz

President Donald Trump will reap a huge budget increase for the military while Democrats cement wins on infrastructure and other domestic programs that they failed to get under President Barack…

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Google Launches News Initiative to Combat Fake News

03/20/2018 RanIT

Alphabet’s Google is launching the Google News Initiative to weed out fake news online and during breaking news situations, it said in a blog post Tuesday. Google said it plans…

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Crash Marks 1st Death Involving Fully Autonomous Vehicle

03/20/2018 RanIT

A fatal pedestrian crash involving a self-driving Uber SUV in a Phoenix suburb could have far-reaching consequences for the new technology as automakers and other companies race to be the…

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Scandal-hit Weinstein Co. Files for Bankruptcy Protection

03/20/2018 Ranbiz

The Weinstein Co. filed for bankruptcy protection on Monday with a buyout offer in hand from a private equity firm, the latest twist in its efforts to survive the sexual…

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Uganda Experiments with Using Insects for Livestock Feed

03/20/2018 RanIT

The rising production of livestock feed, such as soy, gobbles up more and more valuable agricultural land that could be used to feed people. So farmers in Uganda are being…

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US States Fight Trump Drill Plan With Local Bans

03/20/2018 Ranbiz

Some coastal states opposed to President Donald Trump’s plan to allow oil and gas drilling off most of the nation’s coastline are fighting back with proposed state laws designed to…

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Cuba Opens Wholesale Market to Sell Basic Staples

03/20/2018 Ranbiz

Cuba has opened up its first wholesale market in an economy dominated by government-run enterprises.   State-run newspaper Granma says the market is part of an ongoing effort to “reorganize”…

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New York Councilman Investigating Kushner Real Estate Company

03/20/2018 Ranbiz

A New York City councilman and a tenants’ rights group said they will investigate allegations that the real estate company formerly controlled by Jared Kushner, a presidential adviser and President…

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Colombia Proposes IMF Assistance for Venezuelan Refugees

03/20/2018 Ranbiz

Colombia proposed on Monday that the International Monetary Fund provide assistance to help several hundred thousand Venezuelan refugees who have fled an economic and political crisis to  neighboring countries, officials…

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Self-Driving Car Hits and Kills Pedestrian Outside of Phoenix

03/19/2018 RanIT

A self-driving car has hit and killed a woman in the southwestern United States in what is believed to be the first fatal pedestrian crash involving the new technology. Police…

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