How can the US regain its mojo on R&D? on January 9, 2017While the US has never spent more on research and development, the government’s share has never been less. That’s a risky strategy. Why rely on the scattered efforts of private firms that are beholden to quarterly profit expectations to develop the next big idea? The balance must shift if the US is to regain its […]
At least 20 die in cold snap across Europe on January 8, 2017WARSAW: A cold wave across Europe has left at least 20 people dead in the past two days, including several homeless and migrants, authorities said Saturday, with the frigid temperatures expected to continue through the weekend. Russia meanwhile celebrated the coldest Orthodox Christmas in 120 years, and Istanbul was covered with a blanket of snow. […]
Financial innovation in the US likely to remain on hold on January 8, 2017The financial industry is the biggest spender on technology in the US – so one might expect it to play a big role in any governmental push for innovation to spur productivity. Yes, the American financial sector spends the most on IT after the government, but it is being outpaced by competitors abroad and other […]