Asia has grabbed three out of the top 10 spots in the Bloomberg 2017 Innovation Index, with Korea heading the rankings, and Singapore and Japan placing sixth and seventh, respectively. What makes Korea the world’s most innovative economy? That would be its high scores for R&D intensity, value-added manufacturing, patent activity, high-tech density, higher education and researcher concentration – only the country’s productivity levels let the side dow
Google has brought down its solar-drone project aimed at bringing Internet access to remote parts of the globe. The move means a grounding for an initiative which saw moonshot research company X, operated by Google holding company Alphabet, acquire Titan Aerospace, a maker of ‘atmospheric satellites’ able to fly at altitudes up to 20kms, back in 2014.Titan resources are now being redeployed on the balloon-based Loon Net-access programme and Project Wing drone-delivery platform.
The Yahoo brand has been with us since the last century but is set to disappear from the online landscape when Verizon completes its acquisition of the Silicon Valley denizen
So, what’s new? ‘New’ might be dismissed as a simple but compelling online tease – especially in December with the e-commerce gallop to festive sales’ targets, but for businesses showing leadership there is a constant need to think of newness or innovation as key to any long-term strategy, writes Sally Ratcliffe. So, what is new? “Digitalisation of the business as a whole,” says David Aponovich, senior director of digital experience at Acquia. And it is coming in the next five years.
Donald Trump’s dislike of much of the media is precipitating action. Fearing the worst – and citing the loss of the Library of Alexandria as a precedent – the US-based Internet Archive, a digital library with a mission to provide universal access to all knowledge, is pushing ahead to build the Internet Archive of Canada to keep its cultural materials safe, private and perpetually accessible. It means, the Internet Archive says, preparing for a web that may face greater restrictions.
Russian attempts to influence the US election included hacking and leaking documentation as well as ‘weaponising’ social media with false narratives to alter public perceptions, according to analysis conducted by cybersecurity outfit FireEye. “The dawning of Russia as a cyberpower is at a whole other level than it ever was before,” FireEye chair David DeWalt told Bloomberg. “We’ve seen what I believe is the most historical event maybe in American democracy history in terms of the Russian campaign.”
Anglo-Saxon economies dominate the Telefónica Index on Digital Life – a measure of digital openness, digital confidence and digital entrepreneurship – as the US, Canada, Australia and the UK respectively grab the top four spots. Germany places fifth in the rankings with Japan (eighth) the first Asian country to show, ahead of South Korea (tenth).
Shutting down online services has become a pretty common government response to political/social crises, but it comes at a heavy economic cost. The were 81 short-term shutdowns across 19 countries in the year to mid-June and together they led to a loss of at least US$2.4 billion in GDP as they disrupted economic activity, according to a study conducted by the Center for Technology Innovation at Brookings.