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Month: March 2024

China’s Renewables, Oil Consumption Fit Gulf States, Analysts Say

03/23/2024 Ranbiz

Tel Aviv, Israel — During China’s annual national legislature this month, Premier Li Qiang announced plans to construct more solar and wind farms as well as hydropower projects. China is already…

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Cocoa Prices Triple in One Year as Climate Change Hits Crops

03/22/2024 Ranbiz

Nairobi, Kenya — With a week until Easter, chocolate lovers should brace themselves for higher prices when they purchase their favorite seasonal treats. A nonprofit environmental group says cocoa costs three…

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At UN, Nations Cooperate Toward Safe, Trustworthy AI Systems

03/21/2024 RanIT

United Nations — The U.N. General Assembly adopted by consensus Thursday a first-of-its-kind resolution addressing the potential of artificial intelligence to accelerate progress toward sustainable development, while emphasizing the need for…

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Reddit, the Self-Anointed ‘Front Page of the Internet,’ Jumps 55% in Wall Street Debut

03/21/2024 RanIT

NEW YORK — Reddit soared in its Wall Street debut as investors pushed the valued of the company close to $9 billion seconds after it began trading on the New York…

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US Takes On Apple in Antitrust Lawsuit

03/21/2024 RanIT

Washington — The U.S. Department of Justice on Thursday sued Apple, the first major antitrust effort against the iPhone maker by the Biden administration, alleging it monopolized smartphone markets.   Apple…

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Biden Touts America’s ‘Future’ as Government Invests $8.5 Billion in Chipmaker Intel

03/21/2024 Ranbiz

Chandler, Arizona — President Joe Biden on Wednesday celebrated an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants…

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Ukrainian Drone Strikes Hit Russia’s Oil Revenues

03/21/2024 Ranbiz

A recent series of Ukrainian drone strikes targeting Russian oil refineries has significantly reduced Moscow’s processing capacity — as Kyiv and its allies aim to deprive Russia of its main…

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Biden Administration Unveils Strict Auto Standards to Speed Electric Shift 

03/20/2024 RanIT

New York — President Joe Biden’s administration announced Wednesday revised pollution standards for cars and trucks meant to accelerate the U.S. auto industry’s shift to electric to mitigate climate change. The…

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Efforts by US to Crack Down on TikTok Spark Backlash Against Israel

03/20/2024 RanIT

Washington — The initial backlash came quickly. Within hours of last week’s vote in the House of Representatives approving legislation that could lead to a ban of the popular TikTok app…

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Biden to Tout Government Investing $8.5 Billion in Intel’s Computer Chip Plants in Four States  

03/20/2024 RanIT

Washington — The Biden administration has reached an agreement to provide Intel with up to $8.5 billion in direct funding and $11 billion in loans for computer chip plants in Arizona,…

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New Study Reports Widespread Forced Labor Abuses

03/19/2024 Ranbiz

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Bank of Japan Scraps Radical Policy, Makes First Rate Hike in 17 Years

03/19/2024 Ranbiz

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Q&A: TikTok Owner Is Essentially ‘Subsidiary’ of China’s Communist Party, US Lawmaker Says  

03/19/2024 RanIT

washington — The U.S. House of Representatives passed a bill March 13 that, if enacted into law, would give ByteDance, the Chinese owner of the TikTok social media app, 180 days…

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US Supreme Court Examines Government Efforts to Curb Online Misinformation

03/18/2024 RanIT

Washington — The US Supreme Court was hearing arguments on Monday in a social media case involving free speech rights and government efforts to curb misinformation online. The case stems from…

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Back to the Moon – Part 1

03/18/2024 RanIT

After the Apollo program ended, the US took a long hiatus from lunar exploration. What happened during this time, and what has NASA been doing? This documentary by the Voice…

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US Sanctions Network Smuggling American Tech to Iran’s Central Bank

03/16/2024 RanIT

Washington — The U.S. Treasury Department unveiled sanctions against a network of companies and individuals for facilitating illegal technology transfers from dozens of U.S. firms to Iranian entities, including the country’s…

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Home Price Key Reason Some Voters Frustrated by US Economy

03/16/2024 Ranbiz

WASHINGTON — Lori Shelton can’t fathom ever having the money to buy a home — and that’s a major reason why so many voters feel down on the economy ahead of…

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Home Buying Costs Could Fall in Big US Real Estate Group Settlement

03/15/2024 Ranbiz

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US Senate Considers Bill That Could Ban TikTok in United States

03/15/2024 RanIT

The White House is urging senators to quickly begin considering a bill that would address national security concerns related to the social media app TikTok. The House approved the measure…

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Former US Treasury Chief Mnuchin Looking to Buy TikTok

03/14/2024 RanIT

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Observers: US Investments in Philippines Seen Easing Reliance on China

03/14/2024 Ranbiz

Taipei, Taiwan — During a trade mission visit to Manila this week, U.S. Commerce Secretary Gina Raimondo announced plans to invest more than $1 billion in the Philippines’ tech sector and…

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World’s Largest Drone Maker Expands in US Amid Rights Abuse Allegations  

03/14/2024 RanIT

washington — Chinese drone maker DJI is expanding in the U.S. with its first flagship store in New York City amid allegations of links to human rights abuses and ties to…

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Spacex Hoping to Launch Starship Farther in 3rd Test Flight

03/14/2024 RanIT

BOCA CHICA, Texas — SpaceX’s Starship, a futuristic vehicle designed to eventually carry astronauts to the moon and beyond, was poised for a third uncrewed test launch Thursday that Elon Musk’s…

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US House Passes Bill Forcing TikTok to Separate From Chinese Parent Company

03/14/2024 RanIT

The U.S. House of Representatives passed a bill Wednesday that would force short-video app TikTok, used by about 170 million Americans, to separate from its Chinese owner, ByteDance, or face…

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Japan Private Rocket Explodes Just After Launch

03/13/2024 RanIT

Tokyo — A rocket made by a Japanese company exploded just after launch on Wednesday, with public broadcaster NHK showing footage of the fiery failure. Tokyo-based startup Space One had been…

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US House Expected to Pass Bill Forcing Chinese Company to Give Up TikTok

03/12/2024 RanIT

WASHINGTON — The U.S. House of Representatives is expected to approve legislation Wednesday that would force the popular TikTok video app to either separate from its Chinese-owned parent company ByteDance or…

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