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Month: April 2023

China’s GDP Grew by 4.5% in Quarter, Boosted by Consumption

04/18/2023 Ranbiz

China’s gross domestic product grew 4.5% in the first quarter of the year, boosted by increased consumption and retail sales, after authorities abruptly abandoned the stringent “zero-COVID” strategy.  The growth…

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House Speaker McCarthy: Republicans Will Raise US Debt Ceiling

04/17/2023 Ranbiz

U.S. House Speaker Kevin McCarthy pledged Monday that the narrow Republican majority in the House of Representatives will vote to raise the country’s debt ceiling to avert a default on…

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SpaceX Postpones Debut Flight of Starship Rocket System

04/17/2023 RanIT

Elon Musk’s SpaceX on Monday called off a highly anticipated launch of its powerful new Starship rocket, delaying the first uncrewed test flight of the vehicle into space. The two-stage…

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Japan’s Sega to Buy Finnish Angry Birds Maker Rovio

04/17/2023 RanIT

Japanese video games group Sega has offered to buy Angry Birds maker Rovio, valuing the Finnish company at over $770 million, the companies said Monday.    “Combining the strengths of Rovio…

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‘Big Sponge’: New CO2 Tech Taps Oceans to Tackle Global Warming

04/17/2023 RanIT

Floating in the port of Los Angeles, a strange-looking barge covered with pipes and tanks contains a concept that scientists hope to make waves: a new way to use the…

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Europe’s Most Powerful Nuclear Reactor Kicks Off in Finland 

04/16/2023 RanIT

Information in this article is confirmed with other sources and may be used without attribution to The Associated Press in broadcasts — websites still must use the attribution. The News…

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Senegal Gas Deal Drives Locals to Desperation, Prostitution

04/16/2023 Ranbiz

When the gas rig arrived off the coast of Saint-Louis, residents of this seaside Senegalese town found reason to hope. Fishing has long been the community’s lifeblood, but the industry…

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First Test Flight of SpaceX’s Big Starship

04/16/2023 RanIT

Elon Musk’s SpaceX is about to take its most daring leap yet with a round-the-world test flight of its mammoth Starship. It’s the biggest and mightiest rocket ever built, with…

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New US Proposal on Vehicle Emissions Seeks to Boost EV Sales

04/13/2023 RanIT

The U.S. Environmental Protection Agency this week released proposals for the most aggressive vehicle emission standards in the country’s history, with the expectation that electric cars will account for two…

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First Image of Black Hole Gets Makeover With AI 

04/13/2023 RanIT

The first image of a black hole captured four years ago revealed a fuzzy, fiery doughnut-shaped object. Now, researchers have used artificial intelligence to give that cosmic beauty shot a…

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ChatGPT Could Return to Italy if OpenAI Complies With Rules

04/12/2023 RanIT

ChatGPT could return to Italy soon if its maker, OpenAI, complies with measures to satisfy regulators who had imposed a temporary ban on the artificial intelligence software over privacy worries.…

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New US Electric Vehicle Rule Would Speed Supply Chain Changes

04/12/2023 RanIT

A Biden administration proposal would force U.S. automakers to sharply increase their production of electric cars and trucks over the next decade, lending greater urgency to the effort to build…

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In US, National Public Radio Abandons Twitter

04/12/2023 RanIT

Broadcaster National Public Radio said Wednesday it would no longer post its news content on 52 official Twitter accounts in protest of the social media site labeling the independent U.S.…

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Cheaper Gas and Food Provide Some Relief from US Inflation

04/12/2023 Ranbiz

U.S. consumer inflation eased in March, with less expensive gas and food providing some relief to households that have struggled under the weight of surging prices. Yet prices are still…

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Musk Says Owning Twitter ‘Painful’ But Needed To Be Done

04/12/2023 RanIT

Billionaire Elon Musk has told the BBC that running Twitter has been “quite painful” but that the social media company is now roughly breaking even after he acquired it late…

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Rising Prices Threaten Erdogan’s May Reelection Bid

04/11/2023 Ranbiz

With Turkey in the grip of soaring food prices, the Islamic holy month of Ramadan offers respite for some with free meals offered to break the day of fasting. Analysts…

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China Unveils Proposed New Law Overseeing Artificial Intelligence Products

04/11/2023 RanIT

China’s internet regulator has unveiled a proposed law that will require makers of new artificial intelligence, or AI, products to submit to security assessments before public release. The draft law…

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Poll: 4 in 10 Americans Say Next Vehicle Will Be Electric 

04/11/2023 Ranbiz

Many Americans aren’t yet sold on going electric for their next cars, a new poll shows, with high prices and too few charging stations the main deterrents. About 4 in…

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Australia Aims to Make Industry More Resilient Against Cyberattacks

04/11/2023 RanIT

The Australian government is asking major banks and other institutions to take part in ‘wargaming’ exercises to test how they would respond to cyber-attacks. It follows recent mass data theft attacks…

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News Presenter Generated with AI Appears in Kuwait

04/11/2023 RanIT

A Kuwaiti media outlet has unveiled a virtual news presenter generated using artificial intelligence, with plans for it to read online bulletins.    “Fedha” appeared on the Twitter account of the…

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World Bank, IMF Spring Meetings Get Underway in Complex Economic Environment

04/10/2023 Ranbiz

The World Bank and International Monetary Fund’s spring meetings kick off this week with an ambitious reform and fundraising agenda likely to be overshadowed by concerns over high inflation, rising…

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Reports: Tesla Plans Shanghai Factory for Power Storage

04/09/2023 RanIT

Electric car maker Tesla Inc. plans to build a factory in Shanghai to produce power-storage devices for sale worldwide, state media reported Sunday. Plans call for annual production of 10,000…

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Mayor in Australia Ready to Sue over Alleged AI Chatbot Defamation

04/09/2023 RanIT

A mayor in Australia’s Victoria state said Friday he may sue the artificial intelligence writing tool ChatGPT after it falsely claimed he’d served time in prison for bribery.  Hepburn Shire…

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California Seeks Federal Help for Salmon Fishers Facing Ban

04/09/2023 Ranbiz

California officials want federal disaster aid for the state’s salmon fishing industry, they said Friday following the closure of recreational and commercial king salmon fishing seasons along much of the…

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US Adds 236,000 Jobs Despite Fed’s Rate Hikes

04/07/2023 Ranbiz

America’s employers added a solid 236,000 jobs in March, reflecting a resilient labor market and suggesting that the Federal Reserve may see the need to keep raising interest rates in…

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Samsung Cutting Memory Chip Production as Profit Slides

04/07/2023 RanIT

Samsung Electronics said Friday it is cutting the production of its computer memory chips in an apparent effort to reduce inventory as it forecasted another quarter of sluggish profit.  The…

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