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Month: May 2023

US House of Representatives to Vote on Debt Ceiling Deal

05/31/2023 Ranbiz

The U.S. House of Representatives is moving toward a Wednesday evening vote on legislation to suspend the government’s borrowing limit until early 2025, a Washington political showdown occurring just five…

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Key US Official Calls for Tech Companies to ‘Do Something’ About AI

05/31/2023 RanIT

The director of the leading U.S. cybersecurity agency has a message for scientists and top technology company officials who are warning that artificial intelligence could lead to the end of…

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Kenyan Workers Seek Opportunities Abroad Despite Safety, Rights Concerns

05/31/2023 Ranbiz

The Kenyan government says it has entered or plans to enter labor agreements with Canada, Germany, the United States, and certain Persian Gulf nations. The agreements aim to ease the…

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Theranos Founder Elizabeth Holmes Starts 11-year Sentence for Blood-Testing Hoax

05/30/2023 RanIT

Disgraced Theranos CEO Elizabeth Holmes is in custody at a Texas prison where she could spend the next 11 years for overseeing a blood-testing hoax that became a parable about…

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US Lawmakers Consider Debt Ceiling Deal

05/30/2023 Ranbiz

Lawmakers in the U.S. House of Representatives are starting Tuesday to consider legislation to suspend the government’s $31.4 trillion debt ceiling until early 2025 so it can borrow more money…

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China’s Shenzhou-16 Mission Takes Off Bound for Space Station

05/30/2023 RanIT

China sent three astronauts to its Tiangong space station on Tuesday, putting a civilian scientist into space for the first time as Beijing pursues plans to send a manned mission…

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US Leaders Urge Lawmakers to Approve Debt Ceiling Deal

05/29/2023 Ranbiz

U.S. lawmakers are examining the details of an agreement to increase the country’s borrowing limit ahead of votes expected in the coming days, as both President Joe Biden and House…

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Amid Some Objections, Confidence on US Debt Ceiling Deal Grows

05/28/2023 Ranbiz

Republican and Democratic House leaders expressed optimism Sunday that they will get enough votes in favor of raising the debt ceiling. VOA’s Veronica Balderas Iglesias has details on a deal…

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China’s 1st Domestically Made Passenger Plane Makes Inaugural Flight 

05/28/2023 Ranbiz

 China’s first domestically made passenger jet flew its maiden commercial flight Sunday, as China looks to compete with industry giants such as Boeing and Airbus in the global aircraft market.…

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US Commerce Secretary: US ‘Won’t Tolerate’ China’s Ban on Micron Chips

05/27/2023 RanIT

The United States “won’t tolerate” China’s effective ban on purchases of Micron Technology MU.O memory chips and is working closely with allies to address such “economic coercion,” U.S. Commerce Secretary…

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US-Led Indo-Pacific Talks Produce Deal on Supply Chain Early Warnings

05/27/2023 Ranbiz

Trade ministers of 14 countries in the U.S.-led Indo-Pacific Economic Framework talks “substantially completed” negotiations on an agreement to make supply chains more resilient and secure, U.S. Commerce Secretary Gina…

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China, South Korea Agree to Strengthen Talks on Chip Industry

05/27/2023 RanIT

China and South Korea have agreed to strengthen dialog and cooperation on semiconductor industry supply chains, amid broader global concerns over chip supplies, sanctions and national security, China’s commerce minister…

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UPS Strike Looms in World Reliant on Everything Delivered Everywhere All the Time

05/27/2023 Ranbiz

Living in New York City, working full time and without a car, Jessica Ray and her husband have come to rely on deliveries of food and just about everything else…

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US Trade Representative, China’s Commerce Minister Clash on APEC Sidelines

05/27/2023 Ranbiz

U.S. Trade Representative Katherine Tai raised complaints about China’s state-led economic policies during a meeting on Friday with Chinese Commerce Minister Wang Wentao, who objected to U.S. tariffs and trade…

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Regulators Take Aim at AI to Protect Consumers, Workers

05/26/2023 RanIT

As concerns grow over increasingly powerful artificial intelligence systems like ChatGPT, the nation’s financial watchdog says it’s working to ensure that companies follow the law when they’re using AI. Already,…

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US Farmers Buffeted by War in Ukraine, High Interest Rates

05/26/2023 Ranbiz

For a second year, the war in Ukraine is adding to worries for American farmers already pinched by higher interest rates. VOA’s Kane Farabaugh speaks with farmers in the Midwest…

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Japan and US to Commit to Closer Chip Cooperation in Joint Statement

05/26/2023 Ranbiz

Japan and the United States will issue a joint statement on technology cooperation on Friday that will commit them to closer cooperation in research and development of advanced chips and…

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Investment in Solar Will Eclipse Oil in 2023, IEA Finds

05/26/2023 RanIT

Global investment in clean energy production in 2023 will be significantly larger than investment in fossil fuel-based energy generation, and for the first time, more money will be invested in…

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Last Quarter US Economic Growth Revised Up to Still-Tepid 1.3% Annual Rate

05/25/2023 Ranbiz

The U.S. economy grew at a lackluster 1.3% annual rate from January through March as businesses wary of an economic slowdown trimmed their inventories, the government said Thursday in a…

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U.S., Microsoft Warn Chinese Hackers Attacking ‘Critical’ Infrastructure

05/25/2023 RanIT

State-sponsored Chinese hackers have infiltrated critical U.S. infrastructure networks, the United States, its Western allies and Microsoft said Wednesday while warning that similar espionage attacks could be occurring globally.   Microsoft…

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Analysis: China Steps Up Response to US Chip Moves but Economic Reality Limits How Far

05/25/2023 RanIT

Beijing’s restrictions on American chipmaker Micron in retaliation to sweeping US chip curbs mark a major step up in its response to Washington’s pressure and could open the door for…

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Microsoft Says China-Backed Hacker Targeted Critical Infrastructure in Guam, US

05/24/2023 RanIT

Microsoft Corp. said on Wednesday it had uncovered malicious activity by a state-sponsored actor based in China aimed at critical infrastructure organizations in Guam and the United States.  Microsoft said…

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Apple Inks Multi-Billion-Dollar Deal With Broadcom for U.S.-Made Chips

05/24/2023 RanIT

Apple Inc on Tuesday said it has entered a multi-billion-dollar deal with chipmaker Broadcom Inc. to use chips made in the United States.  Under the multi-year deal, Broadcom will develop…

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TikTok Sues to Stop Ban in US State of Montana

05/23/2023 RanIT

TikTok on Monday filed suit in U.S. federal court to stop the northern state of Montana from implementing an overall ban on the video-sharing app. The unprecedented ban, set to…

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Song Created with Help of AI Rattles Music Industry

05/22/2023 RanIT

After an anonymous TikTok user created a song using artificial intelligence that fooled many into thinking it was made by pop stars, experts say the music industry will have to…

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EU Fines Facebook Parent Meta $1.3 Billion for Transferring User Data to US 

05/22/2023 Ranbiz

The European Union fined Meta a record $1.3 billion on Monday and ordered it to stop transferring user data across the Atlantic by October, the latest salvo in a decadelong…

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