Alibaba Group Holding Ltd. is putting a lot of cash behind its goal of serving 2 billion customers and creating 100 million job opportunities over the next two decades. The Chinese e-commerce giant -- which already has around 25,000 engineers and scientists on its staff -- announced today its plans to spend $15 billion on research and development over the next three years.
Highly successful careers in IT take careful planning. Sure, demand for highly skilled IT workers isn't slowing down, but some in-demand IT skills and roles pay more than others.
Baidu is known primarily as a search giant in China, but the company, which just opened in office in the Seattle area, is putting its full weight behind artificial intelligence and its ability to change countless industries.
As you get older, some of your joints might get a little crunchy. The same is apparently true of robots. NASA has just sent two astronauts out on a multi-hour spacewalk to repair the International Space Station’s aging Canadian-built robotic arm, part of which broke down in late September. While the arm still works for certain applications, it will need to be fully operational in advance of the station’s upcoming supply drop next month.
UC leads a group of litigants who contend that the U.S. Patent Trial and Appeal Board (PTAB) wrongly sided with the Broad Institute in Cambridge, Massachusetts, and two partners--Harvard University and the Massachusetts Institute of Technology in Cambridge--in February when it ruled that the Broad group invented the use of CRISPR in eukaryotic cells.
President Donald Trump's economic policies are causing the U.S. to fall behind China in the tech sector, according to a Saxo Bank analyst, who said the current government does not have the "ability of seeing the world changing." Steen Jakobsen, chief economist at Saxo Bank, said much of the policy that Trump has enacted or talked about is "negative" and "actually against productivity."
The financial technology (fintech) industry is thriving globally and received $17.4 billion in investment last year alone. According to EY's Fintech Adoption Index, a third of consumers worldwide are using two or more fintech services, with 84 percent of customers saying they are aware of fintech (up 22 percent from the previous year).
The US Senate today announced it had reached an agreement internally concerning self-driving car technology. The Senate is expected to pass legislation on October 4th that would clear regulations and restrictions for manufacturers, in essence providing a clear path to putting driverless cars on the road.
The tech industry has been shifting jobs overseas for decades, and other big American companies like Oracle and Dell also employ a majority of their workers outside the United States. But IBM is unusual because it employs more people in a single foreign country than it does at home. The company's employment in India has nearly doubled since 2007, even as its work force in the United States has shrunk through waves of layoffs and buyouts.
Science and technology (S&T)have a pervasive influence over a wide range of issues confronting the nation. Public and private research and development spur scientific and technological advancement. Such advances can drive economic growth, help address national priorities, and improve health and quality of life. The constantly changing nature and ubiquity of science and technology frequently create public policy issues of congressional interest.