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Category: Silicon Valley

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FTX Founder Convicted of Defrauding Cryptocurrency Customers

11/03/2023 RanIT

FTX founder Sam Bankman-Fried’s spectacular rise and fall in the cryptocurrency industry — a journey that included his testimony before Congress, a Super Bowl advertisement and dreams of a future…

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World Leaders Agree on Artificial Intelligence Risks

11/02/2023 RanIT

World leaders have agreed on the importance of mitigating risks posed by rapid advancements in the emerging technology of artificial intelligence, at a U.K.-hosted safety conference. The inaugural AI Safety…

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India Probing Phone Hacking Complaints by Opposition Politicians, Minister Says

11/02/2023 RanIT

India’s cybersecurity agency is investigating complaints of mobile phone hacking by senior opposition politicians who reported receiving warning messages from Apple, Information Technology Minister Ashwini Vaishnaw said. Vaishnaw was quoted…

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US Pushes for Global Protections for Threats Posed by AI

11/02/2023 RanIT

U.S. Vice President Kamala Harris says leaders have “a moral, ethical and societal duty” to protect humans from dangers posed by artificial intelligence, and is pushing for a global road…

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US Pushes for Global Protections Against Threats Posed by AI

11/02/2023 RanIT

U.S. Vice President Kamala Harris said Wednesday that leaders have “a moral, ethical and societal duty” to protect people from the dangers posed by artificial intelligence, as she leads the…

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Electric Vehicles Hit the Roads in Malawi

11/01/2023 RanIT

Drivers in Malawi are getting an opportunity to purchase electric vehicles through a local startup company. The handful of buyers so far say they no longer have to struggle daily…

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UK Summit Aims to Tackle Thorny Issues Around Cutting-Edge AI Risks 

11/01/2023 RanIT

Digital officials, tech company bosses and researchers are converging Wednesday at a former codebreaking spy base near London to discuss and better understand the extreme risks posed by cutting-edge artificial…

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UK Kicks Off World’s First AI Safety Summit

11/01/2023 RanIT

The world’s first major summit on artificial intelligence (AI) safety opens in Britain Wednesday, with political and tech leaders set to discuss possible responses to the society-changing technology. British Prime…

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Electric Vehicle ‘Fast Charger’ Seen as Game Changer

10/31/2023 RanIT

With White House funding to put more electric cars on the road, some states are using the money to build out their part of a fast-charging EV network. Deana Mitchell…

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Biden Signs Sweeping Executive Order on AI Oversight

10/30/2023 RanIT

President Joe Biden on Monday signed a wide-ranging executive order on artificial intelligence, covering topics as varied as national security, consumer privacy, civil rights and commercial competition. The administration heralded…

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Musk Pulls Plug on Paying for X Factchecks

10/30/2023 RanIT

Elon Musk has said that corrections to posts on X would no longer be eligible for payment as the social network comes under mounting criticism as becoming a conduit for…

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Musk Says Starlink to Provide Connectivity in Gaza

10/28/2023 RanIT

Elon Musk said on Saturday that SpaceX’s Starlink will support communication links in Gaza with “internationally recognized aid organizations.” A telephone and internet blackout isolated people in the Gaza Strip…

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UN Announces Advisory Body on Artificial Intelligence 

10/26/2023 RanIT

The United Nations has begun an effort to help the world manage the risks and benefits of artificial intelligence. U.N. Secretary-General Antonio Guterres on Thursday launched a 39-member advisory body…

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Inside a Drone Factory: How It Helps Ukraine’s Defense Efforts

10/25/2023 RanIT

Brinc Drones is one of the U.S. companies shipping hundreds of drones to Ukraine. These drones are designed to help first responders survey the impacted areas of Russian shelling and…

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Zara Owner Inditex to Buy Recycled Polyester From US Start-Up

10/25/2023 RanIT

Zara-owner Inditex, the world’s biggest clothing retailer, has agreed to buy recycled polyester from a U.S. start-up as it aims for 25% of its fibers to come from “next-generation” materials…

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33 US States Sue Meta, Accusing Platform of Harming Children

10/24/2023 RanIT

Thirty-three U.S. states are suing Meta Platforms Inc., accusing it of damaging young people’s mental health through the addictive nature of their social media platforms. The suit filed Tuesday in…

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Taiwan Computer Chip Workers Adjust to Life in American Desert

10/24/2023 RanIT

Phoenix, Arizona, in America’s Southwest, is the site of a Taiwanese semiconductor chip making facility. One part of President Joe Biden’s cornerstone agenda is to rely less on manufacturing from…

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Governments, Firms Should Spend More on AI Safety, Top Researchers Say

10/24/2023 RanIT

Artificial intelligence companies and governments should allocate at least one third of their AI research and development funding to ensuring the safety and ethical use of the systems, top AI…

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Kenyan Developers Launch App to Prevent Phone Theft

10/23/2023 RanIT

Kenyan developers have designed a mobile phone application that police say is helping to safeguard smartphones from theft, recover stolen cell phones and prevent loss of data. Victoria Amunga reports…

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India Conducts Space Flight Test Ahead Of 2025 Crewed Mission

10/21/2023 RanIT

India successfully carried out Saturday the first of a series of key test flights after overcoming a technical glitch ahead of its planned mission to take astronauts into space by…

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US Sounds Alarm on Russian Election Efforts

10/20/2023 RanIT

Russia’s efforts to discredit and undermine democratic elections appears to be expanding rapidly, according to newly declassified intelligence, spurred on by what the Kremlin sees as its success in disrupting…

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Philippines Orders Military to Stop Using AI Apps Due to Security Risks

10/20/2023 RanIT

The Philippine defense chief has ordered all defense personnel and the 163,000-member military to refrain from using digital applications that harness artificial intelligence to generate personal portraits, saying they could…

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Chinese Netizens Post Hate-Filled Comments to Israeli Embassy’s Online Account

10/20/2023 RanIT

After the Hamas attack on Israel, the Israeli Embassy in Beijing began posting on China’s social media platform Weibo. The online effort to gain popular support appears to be backfiring…

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EU Opens Disinformation Probes into Meta, TikTok

10/19/2023 RanIT

The EU announced probes Thursday into Facebook owner Meta and TikTok, seeking more details on the measures they have taken to stop the spread of “illegal content and disinformation” after…

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To Find Out How Wildlife Is Doing, Scientists Try Listening

10/18/2023 RanIT

A reedy pipe and a high-pitched trill duet against the backdrop of a low-pitched insect drone. Their symphony is the sound of a forest and is monitored by scientists to…

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US Imposes New Chip Export Controls on China

10/17/2023 RanIT

The U.S. Commerce Department on Tuesday tightened its export controls to keep China from acquiring advanced computer chips that it could use to help develop hypersonic missiles and artificial intelligence.…

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current news

Is AI About to Steal Your Job?

Is AI About to Steal Your Job?

11/28/2023 RanIT

Almost all U.S. jobs, from truck driver to childcare provider to software developer, include skills that can be done, or at least supplemented, by generative artificial intelligence (GenAI), according to…

Shoppers Click ‘Buy’ As Retailers Slash Prices Ahead of Cyber Monday

Shoppers Click ‘Buy’ As Retailers Slash Prices Ahead of Cyber Monday

11/26/2023 Ranbiz

Holiday shoppers in the U.S. are seeking out the best deals and strategically nabbing the deepest discounts ahead of Cyber Monday, according to data from retailer websites aggregated by third…

Russian Consumers Feel Themselves in a Tight Spot as High Inflation Persists

Russian Consumers Feel Themselves in a Tight Spot as High Inflation Persists

11/24/2023 Ranbiz

The shelves at Moscow supermarkets are full of fruit and vegetables, cheese and meat. But many of the shoppers look at the selection with dismay as inflation makes their wallets…

US Retailers Offer Big Deals for Black Friday, but Will Shoppers Spend?

US Retailers Offer Big Deals for Black Friday, but Will Shoppers Spend?

11/24/2023 Ranbiz

Expect big discounts and other enticements to lure shoppers to stores for Black Friday. But retailers worry those may not be enough. Consumers are coming under pressure as their savings…

Asian Shares Mostly Lower, with Markets in Japan, US Closed

Asian Shares Mostly Lower, with Markets in Japan, US Closed

11/23/2023 Ranbiz

Shares were mostly lower in Asia on Thursday after a modest advance on Wall Street that kept the market on track for a fourth straight weekly gain. Markets in Japan…

US Envoy Focuses on Cyberscams During Cambodia Visit 

US Envoy Focuses on Cyberscams During Cambodia Visit 

11/23/2023 RanIT

Cindy Dyer, the U.S. ambassador-at-large for monitoring and combating trafficking, is planning to push Cambodia’s new government to ramp up its efforts to crack down on cyberscam operations that trap…

Nigeria Hopeful of Economic Boom Following Investment Deals

Nigeria Hopeful of Economic Boom Following Investment Deals

11/22/2023 Ranbiz

Nigerian President Bola Tinubu is welcoming new trade agreements with Germany, including a deal that calls for the West African nation to export liquid natural gas. The signing Tuesday of…

Altman Back as OpenAI CEO Days After Being Fired

Altman Back as OpenAI CEO Days After Being Fired

11/22/2023 RanIT

The ousted leader of ChatGPT-maker OpenAI is returning to the company that fired him late last week, culminating a days-long power struggle that shocked the tech industry and brought attention…

Largest Crypto Exchange Fined $4 Billion; CEO Pleads Guilty to Allowing Money Laundering

Largest Crypto Exchange Fined $4 Billion; CEO Pleads Guilty to Allowing Money Laundering

11/22/2023 RanIT

The U.S. government dealt a massive blow to Binance, the world’s largest cryptocurrency exchange, which agreed to pay a roughly $4 billion settlement Tuesday as its founder and CEO Changpeng…

Iran Lawmakers Pass Bill Raising Retirement Age for Men

Iran Lawmakers Pass Bill Raising Retirement Age for Men

11/22/2023 Ranbiz

Iranian lawmakers have approved legislation raising the retirement age for men to 62 and increasing the years of employment required to qualify for a full pension, state media reported. The…



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recent news

  • Is AI About to Steal Your Job?
  • Shoppers Click ‘Buy’ As Retailers Slash Prices Ahead of Cyber Monday
  • Russian Consumers Feel Themselves in a Tight Spot as High Inflation Persists
  • US Retailers Offer Big Deals for Black Friday, but Will Shoppers Spend?
  • Asian Shares Mostly Lower, with Markets in Japan, US Closed
  • US Envoy Focuses on Cyberscams During Cambodia Visit 
  • Nigeria Hopeful of Economic Boom Following Investment Deals
  • Altman Back as OpenAI CEO Days After Being Fired
  • Largest Crypto Exchange Fined $4 Billion; CEO Pleads Guilty to Allowing Money Laundering
  • Iran Lawmakers Pass Bill Raising Retirement Age for Men



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Top news

  • Google Cloud Gaming Service to Launch in 14 Countries This Year
    Google Cloud Gaming Service to Launch in 14 Countries This Year
  • Russian Consumers Feel Themselves in a Tight Spot as High Inflation Persists
    Russian Consumers Feel Themselves in a Tight Spot as High Inflation Persists
  • Drones, 5G Internet Dominate Talks as Tech Execs Visit White House
    Drones, 5G Internet Dominate Talks as Tech Execs Visit White House
  • Worker at South Korea Vegetable Packing Plant Crushed to Death by Industrial Robot
    Worker at South Korea Vegetable Packing Plant Crushed to Death by Industrial Robot
  • US Official: Russians Targeted 21 State Election Systems
    US Official: Russians Targeted 21 State Election Systems
  • European Central Bank Makes Another Large Interest Rate Hike
    European Central Bank Makes Another Large Interest Rate Hike
  • As South Korea Seeks Reconciliation With the North, What’s in it for the US?
    As South Korea Seeks Reconciliation With the North, What’s in it for the US?
  • Tech Titans Gather at White House to Modernize Government
    Tech Titans Gather at White House to Modernize Government
  • Crashing Turkish Lira in the Balance Before Central Bank Meeting
    Crashing Turkish Lira in the Balance Before Central Bank Meeting
  • Is AI About to Steal Your Job?
    Is AI About to Steal Your Job?


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