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Category: News

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Trump team might step in to save TikTok from pending US ban

01/17/2025 RanIT

With a pending law declaring the social media application TikTok illegal in the United States, set to take effect on Sunday, the incoming administration of U.S. President-elect Donald Trump is…

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Who will drive Trump’s AI and crypto policies?

01/16/2025 RanIT

U.S. President-elect Donald Trump says he wants the United States to be the world leader in artificial intelligence and crypto currency. To that end, he has tapped a Silicon Valley…

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Bezos’ Blue Origin reaches orbit in first New Glenn launch, misses booster landing

01/16/2025 RanIT

CAPE CANAVERAL, Florida — Blue Origin’s giant New Glenn rocket blasted off from Florida early Thursday morning on its first mission to space, an inaugural step into Earth’s orbit for Jeff…

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Pakistan welcomes World Bank’s $20 billion lending pledge

01/15/2025 Ranbiz

ISLAMABAD — Pakistan confirmed on Wednesday that the World Bank has pledged to lend $20 billion over the next decade, commencing in 2026 under its Country Partnership Framework, to help address…

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Trump says he will create an ‘External Revenue Service’ agency to collect tariff income

01/14/2025 Ranbiz

Washington — President-elect Donald Trump on Tuesday announced plans to create a new agency called the External Revenue Service to collect tariffs and other revenues from foreign nations. “We will begin…

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US designates extreme right-wing ‘Terrorgram’ network as terrorist group

01/13/2025 RanIT

WASHINGTON — The U.S. on Monday imposed sanctions on an extreme right-wing online network, designating the “Terrorgram” collective a terrorist group and accusing it of promoting violent white supremacy.  The U.S.…

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Who is Trump’s pick to go after ‘Big Tech’?

01/13/2025 RanIT

President-elect Donald Trump’s pick to lead the Federal Trade Commission has vowed to continue the agency’s drive to break up Big Tech monopolies while adding a new focus: free speech.…

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Biden administration unveils new rules for AI chip, model exports 

01/13/2025 RanIT

— The Biden administration announced Monday new restrictions on the export of the most advanced artificial intelligence chips and proprietary parameters used to govern the interactions of users with AI systems.…

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AI helps Israeli journalist with ALS make a comeback

01/12/2025 RanIT

jerusalem — When a renowned Israeli TV journalist lost his ability to speak clearly because of ALS, he thought his career might be over. But now, using artificial-intelligence software that can…

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Ethiopia relaunches securities exchange to lure investors

01/11/2025 Ranbiz

Ethiopia relaunched its stock exchange, the Ethiopian Securities Exchange, on Friday after a 50-year absence. The operations of the Ethiopia Securities Exchange were stopped in 1974 following the takeover by…

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Taiwan chipmaker starts making 4-nanometer chips in US, official says

01/11/2025 RanIT

WASHINGTON — Taiwan Semiconductor Manufacturing Co. has begun producing advanced 4-nanometer chips in Arizona for U.S. customers, a milestone in the Biden administration’s semiconductor efforts, Commerce Secretary Gina Raimondo told Reuters.…

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US added 256,000 jobs in December; unemployment rate dips to 4.1%

01/10/2025 Ranbiz

WASHINGTON — U.S. hiring picked up unexpectedly in December as employers added a strong 256,000 jobs, another sign of the economy’s resilience in the face of high interest rates.  Job growth…

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Artificial Intelligence is the star at CES tech show

01/10/2025 RanIT

Technology companies, industry executives and entrepreneurs are in Las Vegas, Nevada, this week for CES, the consumer electronics show featuring the latest advancements in artificial intelligence, vehicle technology, robotics and…

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Russia turns to China to step up AI race against US

01/10/2025 RanIT

WASHINGTON — Russia’s efforts to obtain China’s help in enhancing artificial intelligence is seen as a bid to challenge America’s lead in the field even as the outgoing Biden administration is…

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‘Worst in Show’ CES products put data at risk and cause waste, privacy advocates say

01/09/2025 RanIT

LAS VEGAS — So much of the technology showcased at CES includes gadgets made to improve consumers’ lives — whether by leveraging AI to make devices that help people become more…

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Clock ticks on US TikTok ban

01/09/2025 RanIT

The United States Supreme Court has fast-tracked oral arguments on a challenge by the Chinese company ByteDance — the owner of TikTok — to a new law that would ban…

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Beijing says EU imposed unfair trade barriers on Chinese firms

01/09/2025 Ranbiz

Beijing — China said Thursday that an investigation had found the European Union imposed unfair “trade and investment barriers” on Beijing, marking the latest salvo in long-running commercial tensions between the…

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Meta to offer wider range of speech on platforms, CEO says

01/08/2025 RanIT

OAKLAND, CALIFORNIA — Meta CEO Mark Zuckerberg announced Tuesday that there would be a wider range of speech on Facebook and other Meta platforms. “We’re going to get back to our…

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Meta shelves fact-checking program in US, adopts X-like ‘Community Notes’ model 

01/07/2025 RanIT

Meta is ending its fact-checking program in the U.S. and replacing it with a “Community Notes” system similar to that on Elon Musk-owned X, the Facebook parent said on Tuesday.  …

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Blinken visits Japan as Nippon Steel decision weighs on relations 

01/07/2025 Ranbiz

WASHINGTON/TOKYO — U.S. President Joe Biden’s decision to block Nippon Steel’s $14.9 billion bid for U.S. Steel cast a shadow over Secretary of State Antony Blinken’s visit to Japan on Tuesday…

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Homes talk and tables walk at AI-dominated Consumer Electronics Show

01/07/2025 RanIT

LAS VEGAS — Home appliances that do chores, cars that know your favorite cafe, and robot pets aiming to please are among artificial intelligence-infused offerings at the Consumer Electronics Show opening…

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British PM slams ‘lies and misinformation’ in escalating row with Musk

01/07/2025 RanIT

British Prime Minister Keir Starmer has criticized those, in his words, “spreading lies and misinformation,” after coming under fire from billionaire Tesla CEO Elon Musk. The ally of U.S. President-elect…

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US cyber watchdog: No signs Treasury breach hit other federal agencies

01/06/2025 RanIT

WASHINGTON — The U.S. cyber watchdog agency CISA said Monday there was “no indication” the recently reported breach at the U.S. Treasury Department had affected any other federal agency.  Late last…

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Nippon, US Steel file suit after Biden administration blocks $15 billion deal 

01/06/2025 Ranbiz

Washington — Japan’s Nippon Steel and U.S. Steel are filing a federal lawsuit challenging the Biden administration’s decision to block a proposed nearly $15 billion deal for Nippon to acquire Pittsburgh-based…

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TikTok creators in US left in limbo while awaiting decision on potential platform ban

01/06/2025 RanIT

Will TikTok in the U.S. be banned this month? That’s the pressing question keeping creators and small business owners in anxious limbo as they await a decision that could upend…

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Tesla data helped police after truck explosion; experts have privacy concerns

01/05/2025 RanIT

NEW YORK — Your car is spying on you.  That is one takeaway from the fast, detailed data that Tesla collected on the driver of one of its Cybertrucks that exploded…

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