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Month: April 2023

Nigeria Secures $800 Million Ahead of Fuel Subsidy Removal

04/07/2023 Ranbiz

Nigeria has secured an $800 million relief package from the World Bank to help cushion the impact of a plan to remove in June a long-held fuel subsidy.  Nigeria’s finance…

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Artemis Crew Looking Forward to Restarting NASA’s Moon Program

04/06/2023 RanIT

The last time humans were on the moon was in 1972. Now NASA is preparing to set foot back on the moon in 2025, if all goes as scheduled. VOA’s…

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FBI Targets Users in Crackdown on Darknet Marketplaces

04/06/2023 RanIT

Darknet users, beware: If you frequent criminal marketplaces in the internet’s underbelly, think again. Chances are you’re in the FBI’s crosshairs.  The FBI is cracking down on sites that peddle…

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To Counter China, US Trade Rep Seeks Closer Ties to Allies

04/06/2023 Ranbiz

The Biden administration is pressing its case for a new approach to global trade, arguing that America’s traditional reliance on promoting free trade pacts failed to anticipate China’s brass-knuckled brand…

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Is Social Media Bad for Kids? What We Know

04/05/2023 RanIT

The push to legally restrict children’s access to social media in the United States is gaining steam. So far, however, researchers say there are both negative and positive aspects of…

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US Chip Controls Threaten China’s Technology Ambitions

04/05/2023 RanIT

Furious at U.S. efforts that cut off access to technology to make advanced computer chips, China’s leaders appear to be struggling to figure out how to retaliate without hurting their…

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Biden Eyes AI Dangers, Says Tech Companies Must Make Sure Products are Safe

04/05/2023 RanIT

U.S. President Joe Biden said on Tuesday it remains to be seen whether artificial intelligence (AI) is dangerous, but underscored that technology companies had a responsibility to ensure their products…

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US-Trained Woman Teaching Digital Skills to Children in Rural Kenya

04/04/2023 RanIT

The digital divide is one of the biggest challenges to education in sub-Saharan Africa, where the United Nations says nearly 90% of students lack access to household computers, and 82%…

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Ukraine’s Destruction Brought to Life Through Virtual Reality Exhibit

04/04/2023 RanIT

An exhibition currently on display in Poland uses virtual reality to show the level of destruction Russia’s war has brought on Ukraine. For some visitors, the VR videos that can…

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TikTok Fined $15.9M by UK Watchdog for Misuse of Kids’ Data

04/04/2023 RanIT

Britain’s privacy watchdog hit TikTok with a multimillion-dollar penalty Tuesday for misusing children’s data and violating other protections for users’ personal information. The Information Commissioner’s Office said it issued a…

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Australia Bans TikTok on Government Devices

04/04/2023 RanIT

Australia said Tuesday it will ban TikTok on government devices, joining a growing list of Western nations cracking down on the Chinese-owned app due to national security fears.    Attorney-General Mark…

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Virgin Orbit Files for Bankruptcy, Seeks Buyer

04/04/2023 RanIT

Virgin Orbit, the satellite launch company founded by Richard Branson, has filed for Chapter 11 bankruptcy and will sell the business, the firm said in a statement Tuesday.    The California-based…

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 World Bank Warns of ‘Lost Decade’ Due to Slow Economic Growth

04/03/2023 Ranbiz

In a grim report issued last week, the World Bank warned of a slow-growth crisis in the global economy that could persist over the coming decade unless governments worldwide adopt…

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McDonald’s Briefly Closes US Offices Ahead of Layoffs

04/03/2023 Ranbiz

McDonald’s announced Monday plans to lay off a number of corporate employees and closed U.S. offices through Wednesday as the company prepares to deliver the notifications as part of a…

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Germany Could Block ChatGPT if Needed, Says Data Protection Chief

04/03/2023 RanIT

Germany could follow in Italy’s footsteps by blocking ChatGPT over data security concerns, the German commissioner for data protection told the Handelsblatt newspaper in comments published on Monday. Microsoft-backed MSFT.O…

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Oil Producers’ Cuts Could Boost Gasoline Prices, Help Russia 

04/03/2023 Ranbiz

Major oil-producing countries led by Saudi Arabia said they’re cutting supplies of crude — again. This time, the decision was a surprise and is underlining worries about where the global…

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NASA to Reveal Crew for 2024 Flight Around the Moon

04/03/2023 RanIT

NASA is to reveal the names on Monday of the astronauts — three Americans and a Canadian — who will fly around the Moon next year, a prelude to returning humans to the…

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Congolese Student’s Device Makes Science Fiction Reality

04/03/2023 RanIT

A student in Congo has developed a tool that allows people to control or move objects using their brain signals. Andre Ndambi visited the department of engineering at the University…

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Twitter Pulls ‘Verified’ Check Mark From Main New York Times Account

04/02/2023 RanIT

Twitter has removed the verification check mark on the main account of The New York Times, one of CEO Elon Musk’s most despised news organizations. The removal comes as many…

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Dutch Refinery to Feed Airlines’ Thirst for Clean Fuel 

04/02/2023 RanIT

Scaffolding and green pipes envelop a refinery in the port of Rotterdam where Finnish giant Neste is preparing to significantly boost production of sustainable aviation fuel.  Switching to non-fossil aviation…

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Beijing’s Contradictory Signals May Deter Foreign Investment, Experts Say

04/02/2023 Ranbiz

Beijing is sending conflicting signals to foreign companies by telling those offshore that the country is reopening while arresting employees of foreign companies already operating in China, experts say. The…

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IMF Approves $15.6 Billion Ukraine Loan Package

04/01/2023 Ranbiz

The International Monetary Fund has approved a $15.6 billion support package for Ukraine to assist with the conflict-hit country’s economic recovery, the fund said in a statement Friday. Russia’s invasion…

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Italy Temporarily Blocks ChatGPT Over Privacy Concerns

04/01/2023 RanIT

Italy is temporarily blocking the artificial intelligence software ChatGPT in the wake of a data breach as it investigates a possible violation of stringent European Union data protection rules, the…

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Namibia Looks East for Green Hydrogen Partnerships

04/01/2023 RanIT

The administrator of the National Energy Administration of China, Zhang Jinhua, on Friday paid a visit to Namibia President Hage Geingob. The visit is aimed at establishing cooperation in the…

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