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Month: August 2023

US to Restrict High-Tech Investment in China

08/09/2023 RanIT

U.S. President Joe Biden is planning Wednesday to impose restrictions on U.S. investments in some high-tech industries in China. Biden’s expected executive order could again heighten tensions between the U.S.,…

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Zoom, Symbol of Remote Work Revolution, Wants Workers Back in Office Part-time

08/08/2023 RanIT

The company whose name became synonymous with remote work is joining the growing return-to-office trend. Zoom, the video conferencing pioneer, is asking employees who live within a 50-mile radius of…

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China’s July Exports Tumble, Adding to Pressure to Shore Up Economy

08/08/2023 Ranbiz

China’s exports plunged by 14.5% in July compared with a year earlier, adding to pressure on the ruling Communist Party to reverse an economic slump. Imports tumbled 12.4%, customs data…

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China Accused of ‘Hypocrisy’ as Japan Set to Release Fukushima Wastewater

08/08/2023 Ranbiz

Japan is due to start releasing wastewater used to cool the crippled reactors at the Fukushima nuclear plant as soon as the end of August. China has criticized the planned…

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LogOn: Police Recruit AI to Analyze Police Body-Camera Footage

08/08/2023 RanIT

U.S. police reform advocates have long argued that police-worn body cameras will help reduce officers’ excessive use of force and work to build public trust. But the millions of hours…

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Pope Warns Against Potential Dangers of Artificial Intelligence

08/08/2023 RanIT

Pope Francis on Tuesday called for a global reflection on the potential dangers of artificial intelligence (AI), noting the new technology’s “disruptive possibilities and ambivalent effects.”   Francis, who is…

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US Inflation Has Steadily Cooled, Getting Down to Fed’s Target Rate Will Be Tougher

08/08/2023 Ranbiz

Over the past year, inflation in the United States has tumbled from 9% all the way to 3%, softening most of the price pressures that have gripped the nation for…

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US Tech Groups Back TikTok in Challenge to Montana State Ban

08/08/2023 RanIT

Two to tech groups on Monday backed TikTok Inc in its lawsuit seeking block enforcement of a Montana state ban on use of the short video sharing app before it…

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Analysts Say Use of Spyware During Conflict Is Chilling

08/07/2023 RanIT

The use of sophisticated spyware to hack into the devices of journalists and human rights defenders during a period of conflict in Armenia has alarmed analysts. A joint investigation by…

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US Mom Blames Face Recognition Technology for Flawed Arrest

08/07/2023 RanIT

A mother is suing the city of Detroit, saying unreliable facial recognition technology led to her being falsely arrested for carjacking while she was eight months pregnant.  Porcha Woodruff was…

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Fed Officials Sketch Case on Both Sides of Rate Debate

08/07/2023 Ranbiz

The contours of the debate at the heart of the Federal Reserve’s policy decision next month came into clearer view on Monday as officials outlined the case for and against…

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US Scientists Repeat Fusion Ignition Breakthrough

08/07/2023 RanIT

U.S. scientists have achieved net energy gain in a fusion reaction for the second time since December, the Lawrence Livermore National Laboratory said on Sunday. Scientists at the California-based lab…

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Musk Says Fight with Zuckerberg Will be Live-Streamed on X

08/06/2023 RanIT

Elon Musk said in a social media post that his proposed cage fight with Meta (META.O) CEO Mark Zuckerberg would be live-streamed on social media platform X, formerly known as…

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AI Anxiety: Workers Fret Over Uncertain Future

08/06/2023 RanIT

The tidal wave of artificial intelligence (AI) barrelling toward many professions has generated deep anxiety among workers fearful that their jobs will be swept away — and the mental health…

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Power Prices Surge as Cost-of-Living Pressures Increase in Australia

08/05/2023 Ranbiz

New Australian Bureau of Statistics data reveals a record number of people are working multiple jobs as households try to keep up with the surge in the cost of living.…

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NASA Back in Touch With Voyager 2 After ‘Interstellar Shout’

08/05/2023 RanIT

NASA has succeeded in reestablishing full contact with Voyager 2 by using its highest-power transmitter to send an “interstellar shout” that righted the distant probe’s antenna orientation, the space agency…

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Biden Order Curbing Investment to China Expected Next Week, Sources Say

08/04/2023 Ranbiz

President Joe Biden is expected to issue his long-awaited executive order to screen outbound investments in sensitive technologies to China early next week, according to people familiar with the matter.…

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Is China Responsible for Pakistan’s Debt Problem?

08/04/2023 Ranbiz

Pakistan and China are marking a decade of economic cooperation with much fanfare these days as the China-Pakistan Economic Corridor, popularly known as CPEC, completes 10 years. Experts say while…

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Global Food Security on APEC Meeting Agenda in Seattle

08/04/2023 Ranbiz

The regional economic forum APEC has begun hosting senior official and ministerial meetings in Seattle, Washington. This year, the United States will host the annual gathering as it navigates a…

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US Employers Added Solid 187,000 Jobs in July; Unemployment Dips to 3.5%

08/04/2023 Ranbiz

WASHINGTON — U.S. employers added 187,000 last month, fewer than expected, as higher interest rates continued to weigh on the economy. But the unemployment rate dipped to 3.5% in a…

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Adidas Sells $437 Million of Yeezy Sneakers, Donates Part to Anti-Hate Groups

08/03/2023 Ranbiz

FRANKFURT, Germany — Adidas brought in $437 million from the first release of Yeezy sneakers left over after breaking ties with Ye, the rapper formerly known as Kanye West, as…

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US Economy Will Sway 2024 Vote, Small Business Owners Say

08/02/2023 Ranbiz

The Biden administration has recently been emphasizing the strength of the U.S. economy, but some small business owners remain skeptical. VOA’s Veronica Balderas Iglesias visited their shops and found out…

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Does Pakistan Have a Chinese Debt Problem?

08/02/2023 Ranbiz

Pakistan and China are celebrating as the China-Pakistan Economic Corridor, the centerpiece of Beijing’s global Belt and Road initiative, completes 10 years. The investment project has grown to over $60…

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Australian Lawmakers Highlight Social Media’s Threat to National Security

08/02/2023 RanIT

A parliamentary committee investigating foreign interference in Australia has found that Chinese apps TikTok and WeChat could present major security risks. In April, Australia said it would ban TikTok on…

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US Widens Blacklist of China-Based Firms Over Uyghur Forced Labor Concerns

08/01/2023 Ranbiz

WASHINGTON — Washington added more China-based companies to a blacklist Tuesday, barring their goods from entering the United States as officials seek to remove forced labor — especially involving minorities…

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Amazon Adds US-Wide Video Telemedicine Visits to Its Virtual Clinic

08/01/2023 RanIT

Amazon is adding video telemedicine visits in all 50 states to a virtual clinic it launched last fall, as the e-commerce giant pushes deeper into care delivery. Amazon said Tuesday…

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