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Category: News

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Tech stocks sink as Chinese competitor threatens to topple their AI domination 

01/27/2025 Ranbiz

New York — Wall Street is tumbling Monday on fears the big U.S. companies that have feasted on the artificial-intelligence frenzy are under threat from a competitor in China that can…

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DeepSeek’s ‘Sputnik moment’ prompts investors to sell big AI players 

01/27/2025 RanIT

LONDON/SINGAPORE — Investors hammered technology stocks on Monday, sending the likes of Nvidia and Oracle plummeting, as the emergence of a low-cost Chinese artificial intelligence model cast doubts on Western companies’…

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Kenyan tech firm turns plastic waste into 3D images; boosts learning, cuts emissions

01/26/2025 RanIT

Plastic waste accounts for 10 to 12 percent of all solid waste in Kenya, according to the United Nations Environmental Program. A Kenyan tech company is using plastic waste to…

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Trump discussing TikTok purchase with multiple people; decision in 30 days

01/26/2025 RanIT

ABOARD AIR FORCE ONE — U.S. President Donald Trump said on Saturday he was in talks with multiple people over buying TikTok and would likely have a decision on the popular…

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Big Tech wants data centers plugged into power plants; utilities balk

01/25/2025 RanIT

HARRISBURG, PENNSYLVANIA — Looking for a quick fix for their fast-growing electricity diets, tech giants are increasingly looking to strike deals with power plant owners to plug in directly, avoiding a…

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App provides immediate fire information to Los Angeles residents

01/25/2025 RanIT

OAKLAND, CALIFORNIA — From his home in northern California, Nick Russell, a former farm manager, is monitoring the Los Angeles-area fires. He knows that about 600 kilometers south, people in Los…

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Lunar New Year travel offers boost to China’s economic woes

01/24/2025 Ranbiz

China’s annual mass migration ahead of the Lunar New Year will peak with billions of trips anticipated during this year’s holiday, which begins Tuesday. An estimated 9 billion trips are…

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Trump to global businesses: Make products in US or pay tariffs

01/24/2025 Ranbiz

President Donald Trump laid out his approach to foreign investment to the world’s largest gathering of global business leaders, offering investors a take-it-or-leave-it deal to build in the U.S. or…

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Trump signs executive orders on AI, cryptocurrency and issues more pardons

01/23/2025 RanIT

WASHINGTON — U.S. President Donald Trump on Thursday signed an executive order related to AI to “make America the world capital in artificial intelligence,” his aide told reporters in the White…

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US lawmakers seek to end China’s special trade status, import exemption

01/23/2025 Ranbiz

WASHINGTON — U.S. lawmakers introduced a bipartisan bill on Thursday that would revoke China’s preferential trade status with the United States, phase in steep tariffs and end the “de minimis” exemption…

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UK watchdog targets Apple, Google mobile ecosystems with new digital market powers

01/23/2025 RanIT

London — Google’s Android and Apple’s iOS are facing fresh scrutiny from Britain’s competition watchdog, which announced investigations Thursday targeting the two tech giants’ mobile phone ecosystems under new powers to…

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Trump signals aggressive stance as US races China in AI development

01/23/2025 RanIT

Before he had been in office for 48 hours, President Donald Trump sent a clear signal that to outpace China, his administration will be pursuing an aggressive agenda when it…

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Nigeria’s new BRICS partner status sparks economic optimism, debate

01/22/2025 Ranbiz

ABUJA, NIGERIA — Nigerian authorities said this week that the nation’s new partnership status with the BRICS bloc could unlock critical opportunities in trade, investment and agriculture. Nigerian President Bola Tinubu’s…

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TikTok’s US reprieve comes as other countries limit social media use

01/22/2025 RanIT

Singapore — TikTok’s short-lived shutdown in the United States has opened a wider debate in other countries regarding access to popular social media platforms by children. TikTok went dark temporarily Sunday…

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TikTok’s US survival hinges on President Trump

01/22/2025 RanIT

Millions of U.S. TikTok users are looking to newly sworn-in President Donald Trump, who has given the app’s Chinese parent, ByteDance, 75 days to strike a deal with a U.S.…

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Trump highlights partnership investing $500B in AI

01/22/2025 RanIT

WASHINGTON — President Donald Trump on Tuesday talked up a joint venture investing up to $500 billion for infrastructure tied to artificial intelligence by a new partnership formed by OpenAI, Oracle…

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Trump’s 2nd term: Hopes for economic prosperity amid new challenges

01/21/2025 Ranbiz

Many American voters are hopeful that President Donald Trump’s second term, which began on Jan. 20, will usher in a period of economic prosperity — much like they felt during…

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Trump holds off on immediate tariffs but plans trade overhaul

01/21/2025 Ranbiz

President Donald Trump did not immediately impose tariffs on Monday as previously promised but directed federal agencies to “investigate and remedy” persistent U.S. trade deficits and unfair trade practices and…

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No day-one tariffs coming from Trump, but trade overhaul planned, official says

01/20/2025 Ranbiz

President Donald Trump will issue a broad trade memo on Monday that stops short of imposing new tariffs on his first day in office but directs federal agencies to evaluate…

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 TikTok restores US services after Trump promise to delay ban  

01/20/2025 RanIT

Washington — TikTok restored services to users in the United States on Sunday after briefly blocking access due to a U.S. law banning the social media platform based on national security…

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India’s ‘digital arrest’ scammers stealing savings of citizens

01/20/2025 RanIT

Bengaluru, India — Within five hours, while sitting at home in India, retired professor Kamta Prasad Singh handed over his hard-earned savings to online fraudsters impersonating police. The cybercrime known as…

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How TikTok grew from a fun app for teens into a potential national security threat

01/20/2025 RanIT

SAN FRANCISCO — If it feels like TikTok has been around forever, that’s probably because it has, at least if you’re measuring via internet time. What’s now in question is whether…

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TikTok: it’s restoring service to US users based on Trump’s promised executive order 

01/19/2025 RanIT

Washington — TikTok said Sunday it was restoring service to users in the United States after the popular video-sharing platform went dark in response to a federal ban that President-elect Donald…

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TikTok goes dark for US users; company pins hope on Trump

01/19/2025 RanIT

WASHINGTON — TikTok stopped working in the United States late on Saturday and disappeared from Apple and Google app stores ahead of a law that takes effect Sunday requiring the shutdown…

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SpaceX says fire could have caused Starship to break, spew debris near Caribbean

01/18/2025 RanIT

SpaceX says a fire might have caused its Starship to break during liftoff and send trails of flaming debris near the Caribbean. SpaceX’s Elon Musk said preliminary indications are that…

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Chinese economic growth among slowest in decades

01/17/2025 Ranbiz

BEIJING — China recorded one of its slowest rates of economic growth in decades last year, data showed Friday, as leaders nervously eye a potential trade standoff with incoming U.S. President-elect…

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