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Month: February 2023

Biden Administration Grilled Over $23B in Licenses for Blacklisted Chinese Firms

02/28/2023 RanIT

The Biden administration approved more than $23 billion worth of licenses for companies to ship U.S. goods and technology to blacklisted Chinese companies in the first quarter of 2022, a…

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Mexican President Says Tesla to Build Plant in Mexico

02/28/2023 RanIT

Mexico’s president announced Tuesday that electric car company Tesla has committed to building a major plant in the industrial hub of Monterrey in northern Mexico. President Andrés Manuel Lopez Obrador…

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Father of Cellphone Sees Dark Side but Also Hope in New Tech

02/28/2023 RanIT

Holding the bulky brick cellphone he’s credited with inventing 50 years ago, Martin Cooper thinks about the future. Little did he know when he made the first call on a…

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EU Defends Talks on Big Tech Helping Fund Networks

02/28/2023 RanIT

Europe’s existing telecom networks aren’t up to the job of handling surging amounts of internet data traffic, a top European Union official said Monday, as he defended a consultation on…

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US Cybersecurity Official Calls Out Tech Companies for ‘Unsafe’ Software

02/27/2023 RanIT

A top U.S. cybersecurity official launched a warning shot at major technology companies, accusing them of “normalizing” the release of flawed and unsafe products while allowing the blame for safety…

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Phone Firms Promise ‘Tsunami of Innovation’ at Barcelona Meeting

02/27/2023 RanIT

The big beasts of the telecom industry kicked off their most important annual get-together in Barcelona on Monday, promising to lead a “tsunami of innovation”, as they try to shrug…

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Survey: Business Economists Push Back US Recession Forecasts  

02/27/2023 Ranbiz

A majority of the nation’s business economists expect a U.S. recession to begin later this year than they had previously forecast, after a series of reports have pointed to a…

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Twitter Lays Off 10% of Current Workforce – NYT

02/27/2023 RanIT

Twitter Inc has laid off at least 200 employees, or about 10% of its workforce, the New York Times reported late on Sunday, in its latest round of job cuts since…

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Launch of Space Station Crew Postponed

02/27/2023 RanIT

NASA and SpaceX postponed a planned Monday launch of a four-member crew to the International Space Station due to a ground systems issue.  The decision came less than three minutes…

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Pipeline Debate at Center of California Carbon Capture Plans

02/26/2023 Ranbiz

In its latest ambitious roadmap to tackle climate change, California relies on capturing carbon out of the air and storing it deep underground on a scale that’s not yet been…

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Mexican States in Hot Competition Over Possible Tesla Plant

02/26/2023 RanIT

Mexico is undergoing a fevered competition among states to win a potential Tesla facility in jostling reminiscent of what happens among U.S. cities and states vying to win investments from…

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Mobile Tech Fair to Show Off New Phones, AI, Metaverse

02/26/2023 RanIT

The latest folding-screen smartphones, immersive metaverse experiences, AI-powered chatbot avatars and other eye-catching technology are set to wow visitors at the annual MWC wireless trade fair that kicks off Monday.…

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Pakistan Will Unwillingly Accept Strict Conditions of IMF Deal, PM Says

02/25/2023 Ranbiz

Pakistan has to unwillingly accept the strict conditions of a deal with the International Monetary Fund (IMF) to provide a lifeline for an economy in turmoil, Prime Minister Shehbaz Sharif…

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Google Tests Blocking News Content for Some Canadians

02/24/2023 RanIT

Google is blocking some Canadian users from viewing news content in what the company said is a test run of a potential response to a Canadian government’s online news bill.…

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Russia’s Ukraine War Rattles Energy Sector, But Not How Moscow Wants

02/24/2023 Ranbiz

Russia’s invasion of Ukraine nearly a year ago has profoundly affected how the world powers itself. …

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Survey Shows Russians Increasingly Confident About Economic Future

02/24/2023 Ranbiz

The extensive sanctions imposed on Russia after its invasion of Ukraine one year ago have not led to the decimation of the Russian economy, as many experts had predicted. As…

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Russia’s Ukraine War Shakes Up the Energy World, But Not How Moscow Wants

02/23/2023 Ranbiz

Moscow’s invasion of Ukraine a year ago has had profound impacts on how the world powers itself. VOA’s Steve Baragona explains. …

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Ghana’s Farmers Switch to Crops Requiring Less Russian Fertilizer

02/23/2023 Ranbiz

Russia’s invasion of Ukraine a year ago saw a dramatic rise in the price of fertilizer for importers like Ghana, where farmers are struggling to cope.  Ghana’s economic problems have…

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US Nominates Ajay Banga for World Bank President

02/23/2023 Ranbiz

The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank, President Joe Biden announced on Thursday, crediting him with critical experience on global challenges including…

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Redesigned Computers Could Reduce E-Waste

02/23/2023 RanIT

People generate more than 50 million tons of electronic waste every year, including copiers, televisions, and computers. Laptops are part of the problem, but engineers at Dell Technologies are working…

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Pakistan to Cut Government Expenses by 15% in Austerity Drive 

02/22/2023 Ranbiz

Pakistan Prime Minister Shehbaz Sharif has asked his ministers and advisers to fly economy class, forgo luxury cars and their salaries as part of an austerity drive that will save…

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UNESCO Conference Tackles Disinformation, Hate Speech 

02/22/2023 RanIT

Participants at a global U.N. conference in France’s capital on Wednesday urged the international community to find better safeguards against online disinformation and hate speech. Hundreds of officials, tech firm…

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Supreme Court Weighs Google’s Liability in IS Terror Case

02/21/2023 RanIT

The Supreme Court is taking up its first case about a federal law that is credited with helping create the modern internet by shielding Google, Twitter, Facebook and other companies…

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ISS Crew to Remain on Orbital Outpost for an Extra Six Months  

02/21/2023 RanIT

Two Russian cosmonauts and an American astronaut will remain aboard the International Space Station for an extra six months because of damage to their Russian spacecraft. Sergey Prokopyev, Dmitry Petelin…

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Artificial Intelligence Creates Voices for Films, Ads

02/20/2023 RanIT

A growing number of startups are using artificial intelligence to replicate human voices. A company is creating synthetic voices for organizations to use for advertising, marketing and training. Phil Dierking…

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Chinese Bank Seeks to Reassure over Missing Star Dealmaker

02/20/2023 Ranbiz

The disappearance of a star Chinese dealmaker has left his bank struggling to reassure clients and staff, people with knowledge of the matter said on Monday, and has heightened concerns…

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03/15/2025 RanIT

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Trump intent on imposing global tariffs

Trump intent on imposing global tariffs

03/14/2025 Ranbiz

The on-again, off-again tariffs between the United States and other countries are again under scrutiny, with the U.S. president not budging. VOA White House Correspondent Carolyn Presutti reports. …

Wall Street tumbles 10% below its record after Trump escalates trade war

Wall Street tumbles 10% below its record after Trump escalates trade war

03/13/2025 Ranbiz

NEW YORK — Wall Street’s sell-off hit a new low Thursday after U.S. President Donald Trump’s escalating trade war dragged the S&P 500 more than 10% below its record, which was…

Belgium makes arrests in corruption probe linked to EU

Belgium makes arrests in corruption probe linked to EU

03/13/2025 RanIT

BRUSSELS — Belgian federal prosecutors announced Thursday the arrests of several people as part of a corruption probe linked to the European Parliament amid reports in local media that Chinese company…

Trump threatens 200% tariffs on European spirits

Trump threatens 200% tariffs on European spirits

03/13/2025 Ranbiz

U.S. President Donald Trump on Thursday threatened the European Union with 200% tariffs on wine, champagne and other spirits produced in the 27-nation bloc after the EU levied what he…

Meta tests ‘Community Notes’ to replace fact-checkers

Meta tests ‘Community Notes’ to replace fact-checkers

03/13/2025 RanIT

SAN FRANCISCO — Social media giant Meta on Thursday announced it would begin testing its new “Community Notes” feature across its platforms on March 18, as it shifts away from third-party…

US October-February budget deficit hits record $1.147 trillion

US October-February budget deficit hits record $1.147 trillion

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WASHINGTON — The U.S. budget deficit for the first five months of fiscal 2025 hit a record $1.147 trillion, the Treasury Department said on Wednesday, including a $307 billion February deficit…

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