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Month: March 2019

Facebook Blocks More Accounts Over Influence Campaigns

03/26/2019 RanIT

Facebook said Tuesday it shut down more than 2,600 fake accounts linked to Iran, Russia, Macedonia and Kosovo and aiming to influence political sentiment in various parts of the world.…

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The Good, Bad and the Unknown of Apple’s New Services

03/26/2019 RanIT

It took a while, but finally — and with the carefully curated help of Oprah, Big Bird and Goldman Sachs — Apple has at last unveiled a new streaming TV…

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Grassroots Tech Group Takes Startup Approach to Fight Brexit

03/26/2019 RanIT

Software engineers, entrepreneurs and product managers huddle in small groups, brainstorming ideas and scrawling thoughts onto Post-it Notes on a wall. The project leader exhorts them to “think of products…

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Ethiopian Official: Plane Crash Report Due This Week

03/26/2019 RanIT

An Ethiopian official said a preliminary report on the plane crash that killed 157 people on March 10 will be made public later this week. Mussie Yiheyis, spokesman for the…

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Hong Kong Ex-Official Patrick Ho Jailed 3 Years for Bribery

03/26/2019 Ranbiz

Hong Kong’s former home affairs secretary Patrick Ho Chi Ping was jailed for three years Monday for a scheme to bribe African officials to boost a top Chinese energy company…

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Airbus Wins China Order for 300 Jets as Xi Visits France

03/26/2019 Ranbiz

Airbus signed a deal worth tens of billions of dollars on Monday to sell 300 aircraft to China as part of a trade package coinciding with a visit to Europe…

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Chances of UN Banning Killer Robots Looking Increasingly Remote

03/25/2019 RanIT

The Campaign to Stop Killer Robots warns chances of achieving a U.N. treaty banning the development, production and use of fully autonomous lethal weapons, also known as killer robots, are…

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Chairman of India’s Ailing Jet Airways Resigns

03/25/2019 Ranbiz

The chairman of India’s private Jet Airways has quit amid mounting financial woes which have forced it to suspend 14 international routes and ground more than 80 planes. A statement…

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EU Fines Nike for Blocking Cross-border Sales of Soccer Merchandise

03/25/2019 Ranbiz

U.S. sportswear maker Nike was hit with a 12.5 million euro ($14.14 million) fine on Monday for blocking cross-border sales of soccer merchandise of some of Europe’s best-known clubs, the…

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Nike fined $14 Million for Blocking Cross-border Sales of Soccer Merchandise

03/25/2019 Ranbiz

U.S. sportswear maker Nike was hit with a 12.5 million euro ($14.14 million) fine on Monday for blocking cross-border sales of soccer merchandise of some of Europe’s best-known clubs, the…

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Apple Spotlights Services with TV, Gaming and Credit Card Offerings

03/25/2019 RanIT

Apple attempted to reintroduce itself on Monday as an entertainment and financial services company that also makes iPhones as it launched a streaming television service, a credit card and an…

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Long-Awaited Video Service Expected From Apple on Monday

03/25/2019 RanIT

Apple is expected to announce Monday that it’s launching a video service that could compete with Netflix, Amazon and cable TV itself. It’s a long-awaited attempt from the iPhone maker,…

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How Will Foreign Investment Change Vietnam’s Economy?

03/25/2019 Ranbiz

Vietnam’s cheap workers might not be the country’s stars for much longer: low wages helped to propel the communist nation to some of the fastest growth rates in the world,…

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Libyan Oil Workers at El Sharara, Other Fields Demand Salary Increase

03/25/2019 Ranbiz

A number of workers at Libya’s largest oilfield, El Sharara, and two other facilities are demanding a salary increase by two-thirds at a time when the OPEC country’s oil output…

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Ethiopian Airlines Chief: ‘Many Questions’ Remain About Boeing Aircraft

03/25/2019 RanIT

The head of Ethiopian Airlines said “many questions on the B-737 MAX airplane remain without answers” and he pledged “full and transparent cooperation to discover what went wrong.” “Until we…

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How US States Are Richer Than Some Foreign Nations

03/23/2019 Ranbiz

The United States is an economic powerhouse. As the largest economy in the world, the U.S. produced $20.5 trillion worth of goods and services — known as its Gross Domestic…

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US Government Posts $234 Billion Deficit in February

03/22/2019 Ranbiz

The U.S. federal government posted a $234 billion budget deficit in February, according to data released Friday by the Treasury Department. Analysts polled by Reuters had expected a $227 billion…

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US Official: China’s Race to 5G Raises Global Security Concerns

03/22/2019 RanIT

Michael R. Wessel is a commissioner of the U.S.-China Economic and Security Review Commission, a U.S. government organization that investigates the national security implications of trade and economic relationship between…

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GM Announces Jobs, Electric Vehicle After Trump Criticism

03/22/2019 Ranbiz

Less than a week after a series of critical tweets from the president over an Ohio plant closure, General Motors is announcing plans to add 400 jobs and build a…

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US House to Vote in April to Reinstate Net Neutrality Rules

03/21/2019 RanIT

The Democratic-led U.S. House of Representatives will vote in April on a bill to reinstate landmark net neutrality rules repealed by the Federal Communications Commission under President Donald Trump.  House Majority Leader Steny Hoyer…

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Malaysian Leader in Pakistan to Sign $900M in Investment Deals 

03/21/2019 Ranbiz

Malaysian Prime Minister Mahathir Mohamad arrived Thursday in Pakistan on an official three-day visit, where his high-powered delegation is expected to finalize investment deals worth nearly $900 million, officials said.    The…

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Facebook Left Millions of Passwords Readable by Employees

03/21/2019 RanIT

Facebook left millions of user passwords readable by its employees for years, the company said Thursday, an acknowledgement it offered after a security researcher posted about the issue online. By…

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US Labor Market Solid; Manufacturing Sector Slowing

03/21/2019 Ranbiz

The number of Americans filing applications for unemployment benefits fell more than expected last week, pointing to still strong labor market conditions, though the pace of job growth has slowed…

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US Negotiators to Visit China Next Week for New Round of Trade Talks

03/21/2019 Ranbiz

China says a high-ranking U.S. delegation will travel to Beijing next week to resume negotiations aimed at resolving the ongoing trade war between the world’s two leading economies. Commerce Ministry…

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Federal Reserve Foresees No Interest Rate Hikes in 2019

03/20/2019 Ranbiz

The Federal Reserve left its key interest rate unchanged Wednesday and projected no rate hikes in 2019, dramatically underscoring its plan to be “patient” about any further increases. The Fed…

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Even With Trade Deal, US Tariffs on China Could Remain

03/20/2019 Ranbiz

U.S. tariffs on China are likely to remain in place for a while, even if a trade deal is reached, President Donald Trump told reporters Wednesday.    “The deal is…

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