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Month: April 2018

Facebook CEO Says Regulation of Internet Sector ‘Inevitable’

04/11/2018 RanIT

Facebook CEO Mark Zuckerberg told lawmakers Wednesday the internet sector will need some form of regulation. After weathering heated questions from two Senate panels, Facebook CEO Mark Zuckerberg returned to…

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Solar Surge Threatens Hydro Future on Mekong 

04/11/2018 Ranbiz

Thousands of megawatts of wind and solar energy contracts in the Mekong region of Southeast Asia have been signed, seriously challenging the financial viability of major hydropower projects on the…

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Zuckerberg Vows to Step Up Facebook Effort to Block Hate Speech in Myanmar

04/11/2018 RanIT

Facebook Chief Executive Mark Zuckerberg said on Tuesday his company would step up efforts to block hate messages in Myanmar as he faced questioning by the U.S. Congress about electoral…

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Farmers Fret Over Trump’s Trade Tactics

04/11/2018 Ranbiz

The increasing trade tensions between the United States and China has rattled farmers in the American heartland, the place where many of the products on which China seeks to impose…

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DC Water Utility Goes Underground to Divert Raw Sewage

04/11/2018 RanIT

Dumping sewage into a local river is common practice in some of America’s older cities.  With the benefits of modern engineering, cities like Washington D.C. will soon be able to…

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Zuckerberg Apologizes for Data Breach, Promises Change

04/11/2018 RanIT

Facebook CEO Mark Zuckerberg testified on Capitol Hill for the first time Tuesday, answering lawmakers’ concerns about the social media giant’s failure to protect the private information of as many…

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IMF Chief Warns Global Trade In Danger Of "Being Torn Apart"

04/11/2018 Ranbiz

The head of the International Monetary Fund is warning that the global trading system is in danger of being “torn apart.”  In a speech prepared for delivery in Hong Kong…

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IMF Chief Warns Global Trade in Danger

04/11/2018 Ranbiz

The head of the International Monetary Fund is warning that the global trading system is in danger of being “torn apart.”   In a speech prepared for delivery in Hong…

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US Lawmakers Demand Changes at Facebook After Data Breaches

04/11/2018 RanIT

After weathering heated questions from two Senate panels, Facebook CEO Mark Zuckerberg returns to Capitol Hill on Wednesday to face more questions from a House committee about the social media…

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Apple Adds Isaac Asimov Sci-fi Series to TV Development List

04/11/2018 RanIT

Isaac Asimov’s influential “Foundation” science fiction novels about the collapse and resurgence of a galactic empire are heading to Apple as a television drama series, a company spokeswoman said on…

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US Federal Reserve Proposes New Capital Rules for Banks

04/11/2018 Ranbiz

The Federal Reserve on Tuesday proposed new rules that could allow some large banks to reduce the amount of capital they must hold as a cushion against a future economic…

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Russian Retailers Warned of Price Increase After Ruble Tumbles

04/10/2018 Ranbiz

Russian retailers warned of price increase after ruble tumbles European electronic and household goods manufacturers have warned Russian retailers of a possible 5 to 10 percent rise in prices after…

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US Lawmakers Demand Changes of Facebook’s CEO

04/10/2018 RanIT

U.S. lawmakers on Tuesday demanded better personal data protection at Facebook, whose CEO, Mark Zuckerberg, weathered heated questions from two Senate panels over data breaches affecting tens of millions of…

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Turkish Currency Hits Record Lows Over Fears of Overheating Economy

04/10/2018 Ranbiz

The Turkish lira Tuesday hit another historic low against the U.S. dollar amid growing financial market concerns that the Turkish economy is overheating. With elections on the horizon, the government…

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Gazprom Says Gas Transit via Ukraine to Europe May Fall to 10-15 bcm per Year

04/10/2018 Ranbiz

Future Russian gas transit flows through Ukraine to Europe may be between 10 and 15 billion cubic metres per year, Alexei Miller, head of Russian gas giant Gazprom, said on…

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Campaigners Call for Ban on Killer Robots

04/10/2018 RanIT

The group known as the Campaign to Stop Killer Robots says fully autonomous lethal weapons that can strike selected targets are no longer within the realm of science fiction. The…

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Zuckerberg Apologizes for Data Breach Before Congressional Testimony

04/10/2018 RanIT

Facebook CEO Mark Zuckerberg is set to testify publicly Tuesday before a group of U.S. senators after apologizing for the way his company handled data for millions of users. He…

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Heavy Facebook Use Exposed Southeast Asia to Breaches of Personal Data

04/10/2018 RanIT

Facebook users in Southeast Asia, particularly the Philippines, were especially exposed to recent data privacy breaches due to high user numbers and the popularity of an app at the core…

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Apple Co-Founder Closing Facebook Account in Privacy Crisis

04/10/2018 RanIT

Apple co-founder Steve Wozniak is shutting down his Facebook account as the social media giant struggles to cope with the worst privacy crisis in its history. In an email to…

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The First 3D-Printed Building Goes Up in Denmark

04/10/2018 RanIT

In the span of only a few years, printing of tri-dimensional objects has gone from toys to buildings, and 3D printers can now print with any material – from plastic…

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Facebook CEO Zuckerberg Faces Tough Questions on Capitol Hill

04/10/2018 RanIT

Facebook CEO Mark Zuckerberg faces tough questions on Capitol Hill this week following revelations that the Trump-affiliated political firm Cambridge Analytica accessed the data of as many as 87 million…

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China’s Xi Pledges to Cut Auto Tariffs, Press Ahead With Reforms

04/10/2018 Ranbiz

China’s President Xi Jinping did not mention U.S. President Donald Trump by name or speak directly about rising trade frictions with Washington during a closely watched speech at the Boao…

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Busy Bees Turn Afghan Schoolgirl Into an Entrepreneur

04/10/2018 Ranbiz

In war-torn Afghanistan, honey is regarded as a traditional cure-all but for one schoolgirl, the sticky commodity has also created sweet opportunities to work and own a business in a…

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Iran Unifies Official and Open Market Exchange Rates as Rial Hit New Low

04/10/2018 Ranbiz

Iran unified the country’s official and open market exchange rates, state media said, after its currency, the rial, plunged to an all-time low on Monday on concerns over a return…

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New Projects in Brazil’s Amazon? Not Without Congressional Approval, says Court

04/10/2018 Ranbiz

Brazil’s government has been told that development projects, including hydropower dams, in protected areas can no longer go ahead without the prior approval of lawmakers. Last week’s ruling by the…

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Apple: All Its Facilities Now Powered by Clean Energy

04/10/2018 Ranbiz

Apple on Monday said it had achieved its goal of powering all of the company’s facilities with renewable energy, a milestone that includes all of its data centers, offices and…

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