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Month: April 2018

As Trump Tweets, Amazon Seeks to Expand its Business Empire

04/06/2018 RanIT

Amazon is spending millions of dollars on lobbying as the global online retailer seeks to expand its reach into a swath of industries that President Donald Trump’s broadsides haven’t come…

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New Service Robots Gaining Popularity in Europe

04/06/2018 RanIT

Robots are constantly adding new skills to their repertoire. In Italy, the first dedicated interactive service robot, “Robby the hotel concierge” and his brother, “Cayuki the car salesman,” are taking…

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Facebook Scandal May Impact China Overseas Surveillance Plans

04/06/2018 RanIT

China is turning artificial intelligence, face scanning, and other Big Data systems into new tools domestically to enhance the communist party’s command and control systems. The party’s methods of surveillance…

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Facebook: Public Data of Most Users Probably Has Been Scraped

04/06/2018 RanIT

Facebook’s acknowledgement that the personal data of most of its 2.2 billion members has probably been scraped by “malicious actors” is the latest example of the social network’s failure to…

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Venezuela Cuts Commercial Ties With Panama Officials, Firms

04/06/2018 Ranbiz

Venezuela said on Thursday it was halting commercial relations with Panamanian officials and companies, including regional airline Copa, for alleged involvement in money laundering, prompting Panama to recall its ambassador.…

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Facebook Fined $33 Million for Failing to Aid Brazil Graft Probe

04/06/2018 RanIT

A Brazilian judge has ordered that Facebook Inc pay 111.7 million reais ($33.4 million) for failing to cooperate with a corruption investigation, federal prosecutors said on Thursday, prompting Facebook to…

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Jury Awards $37 Million in Talc Cancer Risk Case

04/06/2018 Ranbiz

Johnson & Johnson and Imerys SA must pay at least $37 million in a lawsuit claiming a man developed cancer because of his exposure to asbestos in talc-based products including Johnson’s Baby…

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Trump Says US Will Weigh Tariffs on Another $100B Worth of Chinese Goods

04/05/2018 Ranbiz

U.S. President Donald Trump ratcheted up the trade war rhetoric with Beijing on Thursday, saying he had instructed the U.S. trade representative to consider tariffs on an additional $100 billion worth…

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Amid Trade Spats, Trump to Push US as ‘Partner of Choice’ for Latin America

04/05/2018 Ranbiz

President Donald Trump will make the case that the United States – and not China – should be the trade “partner of choice” for Latin America when he speaks at…

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High-Tech Treadmill Uses Virtual Reality to Encourage Cardiovascular Fitness

04/05/2018 RanIT

Virtual reality, or VR, is finding more applications as the technology matures. It is no longer only used for gaming or entertainment. One Austin-based company, Blue Goji, is using VR…

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Opioid Addiction Costs Employers $2.6B a Year for Care

04/05/2018 Ranbiz

A new report shows large employers spent $2.6 billion to treat opioid addiction and overdoses in 2016, an eightfold increase since 2004. More than half went to treat employees’ children.…

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Australia Begins Privacy Investigation into Facebook

04/05/2018 RanIT

Australia’s Privacy Commissioner said on Thursday she had opened a formal investigation into social media giant Facebook Inc after the company confirmed data from 300,000 Australian users may have been…

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Trump Administration Seeks to Temper China Trade War Fears

04/05/2018 Ranbiz

President Donald Trump said Wednesday the United States is not in a trade war with China, after Beijing announced plans to impose tariffs on $50 billion worth of U.S. goods…

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Wall Street Closes Higher as China Tariff Fears Ease

04/04/2018 Ranbiz

Wall Street’s three major indexes staged a comeback to close around 1 percent higher Wednesday as investors turned their focus to earnings and away from a trade conflict between the United States and…

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Female Shooter Targets YouTube Headquarters

04/04/2018 RanIT

Police say a woman shooter entered YouTube headquarters in California Tuesday and wounded at least three people before dying of a self-inflicted gunshot wound. Mike O’Sullivan reports, the shooter’s motive…

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Ex-Ford Employee Awarded Nearly $17 Million in Discrimination Lawsuit

04/04/2018 Ranbiz

A jury has awarded nearly $17 million to a former Ford engineer who sued the automaker for discrimination because he says two supervisors repeatedly berated and criticized him for his…

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YouTube Shooter Told Family She ‘Hated’ the Company

04/04/2018 RanIT

A woman who believed she was being suppressed by YouTube and told her family members she “hated” the company opened fire at YouTube’s headquarters in California, wounding three people before…

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Facebook CEO to Testify Before Congressional Committee

04/04/2018 RanIT

Facebook CEO Mark Zuckerberg will testify before a congressional committee about the privacy scandal that has rocked the social media company. The House and Energy and Commerce Committee announced Wednesday…

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House Panel Says Facebook’s Zuckerberg to Testify April 11

04/04/2018 RanIT

The leaders of a House oversight committee say Facebook CEO Mark Zuckerberg will testify before the panel on April 11. In an announcement Wednesday, Reps. Greg Walden and Frank Pallone…

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Closure of Top Philippine Resort Island Would Shake up Business to Cut Pollution

04/04/2018 Ranbiz

The possible closure of a major coastal tourism magnet in the Philippines for environmental cleanup will hurt business, but for a cause that helps everyone longer term, experts say. President…

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Scientists Debate Return to the Moon

04/04/2018 RanIT

It’s been 45 years since men last set foot on the Moon. The year was 1972. Back then, the fastest commercially available microprocessor could handle a maximum of 16 kilobytes…

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China Announces $50 Billion in Retaliatory Tariffs on US Goods

04/04/2018 Ranbiz

China announced Wednesday it plans to impose tariffs on $50 billion worth of U.S. goods in response to a similar package announced by the United States. The Chinese measures would…

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Tech CEOs Call for Gun Control Following YouTube Shooting

04/04/2018 RanIT

Several Silicon Valley leaders called for increased gun control on Tuesday afternoon after a woman at the headquarters of YouTube shot and wounded three people before taking her own life.…

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Coffee Conquers Conflict for Business-savvy Farmers in the Philippines

04/04/2018 Ranbiz

Five years ago, Filipina farmer Marivic Dubria would buy Nescafe sachets to serve visitors because she was embarrassed by the quality of the coffee she grew next to her main…

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Amazon Shares Finish Higher Despite Trump’s New Threat on Shipping Rates

04/04/2018 Ranbiz

The largest American business lobby group came to the defense of Amazon.com on Tuesday after a multi-day Twitter attack by U.S. President Donald Trump that included unsubstantiated criticism of the…

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Zuckerberg: Facebook Deleted Posts Linked to Russian ‘Troll Factory’ 

04/03/2018 RanIT

Facebook, expanding its response to people using the platform improperly, said Tuesday that it had deleted hundreds of Russian accounts and pages associated with a “troll factory” indicted by U.S. prosecutors for fake activist…

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