In the fast-changing world of science and technology, if you’re not innovating, you’re falling behind. That’s one of the key findings of The Reuters 100: The World’s Most Innovative Universities. Now in its second year, the list ranks the educational institutions doing the most to advance science, invent new technologies and help drive the global economy.
Early reviews of Apple Inc.’s new iPhone 7 were, in a word, "meh." Pundits praised the many improvements in the device, but a consensus emerged that Apple hadn’t given existing iPhone owners a compelling reason to upgrade. Why is that? Why are the iPhone, and other computing devices like PCs and tablets, not changing as quickly as they once did?
In truth, because of its isolation and historical background, China has developed a set of needs and wants that have shaped its online market into what it is today. As you will soon see, thanks to innovations and thorough integration with daily life, the Chinese mobile-first market is leaving its Western counterparts in the dust. By the end of this year, 195 million Chinese people will be using smartphones to pay for goods and services, according to eMarketer. That’s 38% of smartphone users in the country, which has 1.36 billion citizens.
One thing that has become apparent over those years of study is that the innovation imperative in the technology sector is increasing exponentially. There seems to be a treadmill that has an automatic speed-up setting that can’t be changed, because capitalism requires constantly evolving systems and structures to support it. And few companies are able to keep up.
On Wednesday (8/31), Army Secretary Eric Fanning announced a new Rapid Capabilities Office to accelerate the development of cyber, electronic warfare, and position-and-timing gear. Read that to mean: outfitting troops to stand up to the IT and EW prowess of adversaries like Russia, according to one expert who spoke to Defense One. “This office will address capability gaps that we’re seeing in real time, right now from our commanders in the field,” said a statement from Maj. Gen. Walter E.
Bloomberg, citing "people familiar with the matter," recently revealed one of the major enhancements that Apple plans to deliver with its next-generation iPad devices. "The new iPad hardware will include a faster display technology that allows for smoother zooming, panning, and scrolling," Bloomberg reports. Although this doesn't appear to tell us much, it's pretty clear what Apple is planning to intro
Re: Kaitlyn Buss’s August 24 column “Ford stiffens Detroit, Silicon Valley competition”: Michigan might be facing strong competition in the race to define the future of mobility, but we’re far from losing when it comes to being the smart choice for investing in the automotive industry.
Productivity growth, the key to rising living standards, has slowed across rich economies for a decade. And the American economy is no exception, with the annual growth rate averaging just 0.7% over the past five years vs. 2.3% in the postwar era. The difference in those rates is the difference in living standards doubling every century rather than every generation or so.
Internationally, Chinese companies have a reputation for being copycats. Chinese factories, for instance, are known to be great at producing cheap, knock-off goods, but incapable of producing original products. Piracy and lack of respect for intellectual property and copyright are said, with a great deal of justification, to be rife. But now that situation is rapidly beginning to change.