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Month: September 2018

Spotify, Deezer, Others Call for Stronger EU Action Against US Rivals

09/25/2018 RanIT

Music streaming services Spotify and Deezer joined European business and industry bodies in calling on EU regulators to take tougher action to curb what they say are the unfair practices…

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US Consumer Confidence Hits 18-Year High; House Prices Slowing

09/25/2018 Ranbiz

U.S. consumer confidence surged to an 18-year high in September as households grew more upbeat about the labor market, pointing to sustained strength in the economy despite an increasingly bitter…

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Japan Preschools Use Tablets to Prep Tots for Digital Age

09/25/2018 RanIT

It’s drawing time at this suburban nursery school in Japan, but instead of crayons, tiny fingers are tapping on colors on iPad screens and taking selfies. Digital schooling has arrived…

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Former Trump Hotel in Panama City Rebranded as JW Marriott

09/25/2018 Ranbiz

A luxury hotel in Panama City that used to bear the Trump name has formally been rebranded after a bitter dispute over control. The 70-story, sail-shaped tower is now the…

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American Expands Inflight Food Options on Domestic Routes

09/25/2018 Ranbiz

American Airlines is expanding its inflight food options with the addition of a light and healthy Mediterranean menu. The world’s largest carrier on Monday announced an agreement with the restaurant…

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Argentina’s Central Bank Chief Resigns Amid IMF Negotiations

09/25/2018 Ranbiz

Argentina’s central bank chief resigned Tuesday amid negotiations with the International Monetary Fund. The surprise resignation of Luis Caputo was announced in a bank statement that said he was leaving…

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Michael Kors Ups the Glamour, Buys Versace for $2 Billion

09/25/2018 Ranbiz

Michael Kors is buying the Italian fashion house Gianni Versace in a deal worth more than $2 billion (1.83 billion euros), continuing its hard charge into the world of high-end…

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Justice Dept to Discuss Consumer Protection at Social Media Meeting

09/25/2018 RanIT

The U.S. Justice Department said on Monday it will hold a “listening session” with officials from more than a dozen states on Tuesday to discuss consumer protection and the technology…

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Instagram Co-founders Resign

09/25/2018 RanIT

The co-founders of Instagram are resigning their positions with the social media company.   Chief Executive Kevin Systrom said in a statement late Monday that he and Mike Krieger plan…

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Trump and Moon Sign Revised Trade Agreement

09/25/2018 Ranbiz

U.S. President Donald Trump and South Korean President Moon Jae-in signed a revised free trade agreement between the two countries Monday afternoon in New York, following their bilateral meeting on…

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Iran’s Currency Hits Another Record Low, With Six Weeks to US Sanctions

09/25/2018 Ranbiz

Iran’s currency has hit another record low against the dollar, six weeks before the United States is due to reimpose sanctions on Iranian oil exports that are Tehran’s main revenue…

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Senegalese Chef Puts Supergrain on New York Menus to Boost African Farmers

09/24/2018 Ranbiz

A gluten-free grain that grows in Africa’s impoverished and semi-arid Sahel region is taking off as a health food in New York, the Senegalese chef who masterminded its revival said…

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AP Explains: The US Push to Boost ‘Quantum Computing’

09/24/2018 RanIT

A race by U.S. tech companies to build a new generation of powerful “quantum computers” could get a $1.3 billion boost from Congress, fueled in part by lawmakers’ fear of…

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Greece Uses High-tech Drones to Fight Tax Evasion in Holiday Hot Spots

09/24/2018 Ranbiz

Greece are using drones to buzz over boats running day trips on the Aegean at the start of a new effort aimed at cracking down on rampant tax evasion at…

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New Venezuela Fuel Payment System Gets Off to Slow Start

09/24/2018 Ranbiz

Venezuela’s new digital fuel payment system got off to a slow start on Monday, as most drivers paid with cash and only a handful of gas stations were equipped with…

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Facebook Hires New India Head in Midst of Fake News Controversy

09/24/2018 RanIT

Facebook has hired Ajit Mohan of the Indian streaming service Hotstar to run its India division, in the midst of accusations from the Indian government that the company’s WhatsApp messaging…

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Talking Gloves and Tactile Windows Provide Help for the Disabled

09/23/2018 RanIT

New technologies are helping people who are disabled with physical, cognitive, vision and hearing problems. Some promising new tools include a digital glove that translates sign language, and tactile windows…

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International Organizations Join Tech Powerhouses to Fight Famine

09/23/2018 Ranbiz

The United Nations, the World Bank and the International Committee of the Red Cross are partnering with technology powerhouses to launch a global initiative aimed at preventing famines. “The fact…

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Pompeo: US Would Win Trade War with China

09/23/2018 Ranbiz

Secretary of State Mike Pompeo vows the United States will be victorious in any trade war with China, a day before the Trump administration’s latest tariffs on Chinese imports go…

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Comcast Outbids Fox With $40B Offer for Sky

09/22/2018 Ranbiz

Comcast beat Rupert Murdoch’s Twenty-First Century Fox in the battle for Sky after offering 30.6 billion pounds ($40 billion) for the British broadcaster, in a dramatic auction to decide the fate of the…

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UK PM’s Team Makes Plans for Snap Election

09/22/2018 Ranbiz

British Prime Minister Theresa May’s aides have begun contingency planning for a snap election in November to save both Brexit and her job, the Sunday Times reported. The newspaper said that…

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US-China Tensions Rise as Beijing Summons US Ambassador

09/22/2018 Ranbiz

Tensions between China and the United States escalated Saturday as China’s Foreign Ministry summoned U.S. Ambassador to China Terry Branstad to issue a harsh protest against U.S. sanctions set for…

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Rising Oil Prices Haven’t Hurt US Economy

09/21/2018 Ranbiz

America’s rediscovered prowess in oil production is shaking up old notions about the impact of higher crude prices on the U.S. economy. It has long been conventional wisdom that rising…

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US Official ‘Optimistic’ About Resolving Trade Dispute with China 

09/21/2018 Ranbiz

The United States is optimistic about finding a way forward in trade talks with China, but no date has yet been determined for further talks between the two countries, according…

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Technology Enhances Food Delivery Experiences

09/21/2018 RanIT

Self-driving technology is making online shopping a more convenient, more cost-effective experience. One new startup in San Jose, California, is launching a fully driverless delivery service, which many predict is…

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Facebook to Drop On-site Support for Political Campaigns

09/21/2018 RanIT

Facebook Inc. said Thursday that it would no longer dispatch employees to the offices of political campaigns to offer support ahead of elections, as it did with U.S. President Donald Trump in the 2016…

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