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Month: April 2019

US Adds Chinese e-commerce Site to ‘Notorious’ List for IP Protection

04/25/2019 Ranbiz

The U.S. Trade Representative said on Thursday it has added Pinduoduo.com, China’s third-largest e-commerce platform, to its “notorious markets” list for a proliferation of counterfeit products, as the agency also…

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Irish Regulator Opens Inquiry Into Facebook Over Password Storage

04/25/2019 RanIT

Facebook’s lead regulator in the European Union, Ireland’s Data Protection Commissioner, on Thursday said it had launched an inquiry into whether the company violated EU data rules by saving user…

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Brent Oil Hits $75 For First Time in 2019 as Russian Exports Cut

04/25/2019 Ranbiz

Brent oil rose above $75 per barrel on Thursday for the first time this year as quality concerns forced the suspension of some Russian crude exports to Europe while the…

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South Korean Economy Shrinks Unexpectedly in 1st Quarter

04/25/2019 Ranbiz

South Korea’s economy unexpectedly shrank in the first quarter, marking its worst performance since the global financial crisis, as government spending failed to keep up the previous quarter’s strong pace…

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Facebook Beats Profit Estimates, Sets Aside $3B for Privacy Penalty


04/24/2019 Ranbiz

Facebook on Wednesday blew away Wall Street profit estimates in the first quarter as it kept a lid on the costs of making its social networks safer, and set aside…

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Microsoft Surges Toward Trillion-Dollar Value as Profits Rise

04/24/2019 RanIT

Microsoft said profits climbed in the past quarter on its cloud and business services as the U.S. technology giant saw its market value close in on the trillion-dollar mark. Profits…

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Technology Ethics Campaigners Offer Plan to Fight ‘Human Downgrading’

04/24/2019 RanIT

Technology firms should do more to connect people in positive ways and steer away from trends that have tended to exploit human weaknesses, ethicists told a meeting of Silicon Valley…

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New Zealand, France Plan Bid to Tackle Extremism on Social Media

04/24/2019 RanIT

In the wake of the Christchurch attack, New Zealand said on Wednesday that it would work with France in an effort to stop social media from being used to promote…

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Multisensory VR Allows Users to Step Into a Movie and Interact With Objects

04/24/2019 RanIT

Imagine stepping into a movie or virtual world and being able to interact with what’s there. That’s now possible through the magic of Hollywood combined with virtual reality technology.  For $20,…

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US White Nationalists Barred by Facebook Find Haven on Russia Site

04/24/2019 RanIT

With U.S. social media companies tightening their content policies in the wake of the recent mosque shootings in New Zealand, some extremist groups are getting pushed to the margins of…

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Analysts: China Trying to Use Belt and Road Meeting to Counter US Influence

04/24/2019 Ranbiz

China is getting ready to welcome representatives from 150 nations, including senior leaders of 40 countries, to discuss its international infrastructure program at the second Belt and Road Forum, beginning…

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Treasury’s Mnuchin Fails to Meet Deadline to Hand Over Trump Tax Returns

04/23/2019 Ranbiz

U.S. Treasury Secretary Steven Mnuchin on Tuesday failed to meet a final congressional deadline for turning over President Donald Trump’s tax returns to lawmakers, setting the stage for a possible…

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Trump Adviser Kudlow ‘Cautiously Optimistic’ on Trade Deal with China

04/23/2019 Ranbiz

A top White House economic adviser said on Tuesday the United States and China were making progress in trade negotiations and he was “cautiously optimistic” about the prospects for striking…

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US Charges 2 Chinese Engineers with Stealing Trade Secrets

04/23/2019 Ranbiz

The Justice Department on Tuesday announced indictments against two Chinese nationals accused of working together to steal trade secrets from General Electric. Xiaoqing Zheng pleaded not guilty Tuesday in U.S.…

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Twitter Shares Jump; Growth Attributed to Fight Against Abuse

04/23/2019 RanIT

Shares in Twitter Inc jumped 13 percent Tuesday after the social media company reported quarterly revenue above analyst estimates, which executives said was the result of weeding out spam and…

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Oil Prices Spike as US Insists All Countries Stop Iranian Imports

04/23/2019 Ranbiz

Oil prices reached a six-month high Tuesday after the Trump administration announced it would no longer exempt countries from U.S. sanctions, if they continue to buy Iranian crude oil, a…

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Will Smith, NASA, Fortnite Among 2019 Webby Award Winners

04/23/2019 RanIT

Actor Will Smith, NASA, Fortnite and Disney are among the 2019 Webby Award winners for internet excellence. The International Academy of Digital Arts and Sciences announced the winners Tuesday. Smith’s…

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EU Wary of Fake Online Accounts as Europe Elections Approach

04/23/2019 RanIT

The European Union is praising Facebook, Google and Twitter for tackling disinformation while urging the social media giants to do more in clamping down on fake accounts. Under an EU…

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Greek 2018 Primary Budget Surplus Exceeds Forecasts

04/23/2019 Ranbiz

Greece’s budget performance in 2018 was better than expected following some revenue-boosting measures by the government. According to the country’s statistical agency, Greece recorded a primary budget surplus, which excludes…

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Crisis-hit Greeks Foot Steep Bills for Health and Education

04/23/2019 Ranbiz

Every month, when his respiratory medicine runs out, Dionysis Assimakopoulos heads to the most unlikely pharmacy in Athens. Amid derelict stadiums dating from the 2004 Athens Olympic Games, the volunteer-staffed…

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Samsung Delays Launch of Folding Galaxy Smartphone

04/23/2019 RanIT

Samsung said Monday it was delaying the launch of its folding smartphone after trouble with handsets sent to reviewers. Some reviewers who got their hands on the Galaxy Fold early…

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Seeds of Discontent: Argentina’s Farmers Turn Cool on Their Man Macri

04/22/2019 Ranbiz

Argentine President Mauricio Macri rode to power in 2015 promising to bolster the farming sector and cut back taxes that had stymied exports. The country’s backbone industry welcomed him with…

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Sri Lanka Shuts Down Social Media After Terror Attack

04/22/2019 RanIT

People in Sri Lanka are experiencing a second day without access to some of the most popular social media sites within the country, after the government shut down the services…

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Dutch Tulip Forecast: Brilliant, With a Chance of Tourists

04/22/2019 Ranbiz

As spring flower fields around the Netherlands burst into bloom, painting the countryside with dazzling swaths of red, white, and blue, a modern day tulip bubble may be forming: tourists.…

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Melinda Gates Talks ‘Brash’ Microsoft Culture in New Book

04/22/2019 RanIT

Looking back at her time as an early Microsoft employee, Melinda Gates said the brash culture at the famously tough, revolutionary tech company made her want to quit, but that…

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Tesla Shows Off Self-Driving Technology to Investors

04/22/2019 RanIT

Tesla broadcast a web presentation on Monday to update investors about its self-driving strategy as Chief Executive Elon Musk tries to show that the electric car maker’s massive investment in…

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