For new college students, choosing a major can feel like a decision that shapes one's life trajectory. But a degree in computer science is no guarantee that you'll create the next billion-dollar startup, and a philosophy degree won't necessarily keep you from starting a business.
South Korea and Sweden are the most innovative countries in the world, according to a league table covering everything from the concentration of tech companies to the number of science and engineering graduates. The index on innovative countries highlights South Korea`s position as the economy whose companies filed the most patents in 2017.
Spencer Rascoff, a founder of Hotwire, was in his 20s when he sold the company to Expedia for $700 million. But his employees didn't walk away with much money.
When we think of tech giants, we tend to think of Silicon Valley.
And rightly so. California has given the world iconic digital brands like Facebook, Google and Uber.
The US leads the way both with listed tech giants and unicorns – privately held companies valued at $1 billion or more.
More than half of the world`s unicorns are based in the US, according to research firm CB Insights.
Gretchen Rubin says people come in four types, or "tendencies."Gretchen Rubin says people come in four types, or "tendencies." Each tendency is best suited to certain types of work environments. Knowing your tendency can help you find a role you enjoy and one in which you do well.
The World Economic Forum's recent Human Capital Report 2017, reads: “How nations develop their human capital can be a more important determinant of their long-term success than virtually any other factor.
On stage at Inc.'s Women's Summit, the famous investor discussed how he chooses businesses on the show.When Kevin O'Leary chooses companies to invest in on Shark Tank, he simply follows the data. It's a strategy that has led him to prefer women-led companies. "It's not because I'm sexist," O'Leary said at the Inc. Women's Summit in New York City on Monday. "But because I'm getting better returns."
Mark Suzman, Chief Strategy Officer and President of Global Policy and Advocacy at the Bill & Melinda Gates Foundation, explores how investment in data can help drive gender equality. A key agenda item at this year`s annual meeting of the United Nations General Assembly, under way this week, will be to assess global progress on the Sustainable Development Goals (SDGs), the UN`s consensus roadmap for solving the world`s biggest challenges by 2030.
Policy debates on climate change and sustainable development routinely cite the massive numbers needed to achieve the United Nations Sustainable Development Goals (SDGs): an additional $1 trillion annually in clean energy investments to limit global warming to below 2 degrees and between $5-7 trillion a year to achieve the SDGs. These numbers are overwhelming – but there is good news. When put in context with broader economic activity, these are far more manageable than they first appear.
Best Buy Co, the No.1 U.S. electronics retailer, is pulling Kaspersky Lab's cyber security products from its shelves and website, amid concerns that the Moscow-based firm may be vulnerable to Russian government influence.
The idea of the United States as a “shining city upon a hill†is most closely associated with President Ronald Reagan but has been used by politicians since the country`s earliest days.
Bitcoin is up 390% in 2017.The cryptocurrency on Friday crossed $4,800 for the first time. It's up 1.48% near $4,837 a coin as trade grinds higher for the eighth time in the past nine sessions.
Mobilising investment and innovation in low-carbon technologies, especially in renewable energy
generation, is central to keeping the global average surface temperature increase well below 2°C.
Successfully attracting investment and innovation in renewable energy requires not only core
climate policies, such as pricing carbon, but also a focus on the broader investment environment.
Professor Christopher Snyder examines how economists should describe their work to those outside the field. When you meet someone at a cocktail party who learns you are an economist, the inevitable question follows, “What`s the stock market going to do?†That`s an excellent question. If, on the day I was born, my parents had invested $100 for me in Altria, the top-performing stock since then, I would be a millionaire.
A U.S. Democratic senator on Friday questioned the Federal Trade Commission's quick approval of Amazon.com Inc's purchase of Whole Foods Market Inc this week, less than three months after the $13.7 billion deal was announced.
Also in this week's round-up: the decentralized world of tomorrow and the rise and fall of cities over the last 4,000 years.Inequality harms innovation. Credit for the poor boosts it.
Cryptocurrency investors are booking profit on Friday, with Bitcoin seeing a small price dip after setting new records on Thursday.Bitcoin Cash is up over 13% against the dollar on Friday, while Bitcoin proper is down about 2%.
Last Monday, at the start of a chaotic week for his presidency, a defiant Donald Trump claimed there had been an upswing in America`s fortunes. Was he right?
We want to bring you behind the scenes, show you what really happens in Silicon Valley`s backstage and give you the insider perspective on how it feels to st...
U.S. venture capital firms lining up for a slice of the burgeoning digital currency market are grappling with a novel challenge - some of the hottest tech startups that sell the coins just don't need their money.Only a few years ago, digital currency entrepreneurs, like other Silicon Valley peers, had to line up to pitch their ideas to venture capitalists, who controlled their destiny as virtually the only source of funding.
Microsoft on Thursday reported strong fourth-quarter earnings on the back of its fast-growing cloud computing business, stoking optimism that the once-stagnant company has found a new groove.
Asian stocks rose on Monday thanks to a robust Wall Street performance at the end of last week, while the U.S. dollar extended gains made after much stronger than expected June employment data.European stock markets were also poised for a more positive start, with financial spreadbetter CMC Markets expecting Britain's FTSE 100 and Germany's DAX to open up 0.4 percent each, and France's CAC 40 to start the day 0.3 percent higher.
In an effort to understand better the implications of the Fourth Industrial Revolution – a technology-led transformation that is fundamentally altering the way people work, live and relate to one another – the World Economic Forum has prioritized a review of the financial system through the launch of a new initiative: Balancing Financial Stability, Innovation, and Economic Growth (FSIEG).
The 21st century calls for a new kind of leadership to inspire confidence in the ability of technology to enhance human potential rather than substitute for it. This is precisely the leadership that is also required to maintain faith in the liberal international economic order`s ability to raise living standards in developed and emerging economies as they integrate, lifting us up rather than pulling us apart.
So you're a new marketing manager? Congratulations! Now, it's time to make sure you're successful. For starters, keep in mind that pretty much everything you do will be seen by customers. That's the nature of your job, after all.
The job market continues to improve in the OECD area, with the employment rate finally returning to pre-crisis levels. But people on low and middle incomes have seen their wages stagnate and the share of middle-skilled jobs has fallen, contributing to rising inequality and concerns that top earners are getting a disproportionate share of the gains from economic growth, according to a new OECD report.
The world is changing. There`s no way around this fact. The Fourth Industrial Revolution is now. And, whether you know it or not, it will affect you. Billions of people and countless machines are connected to each other. Through groundbreaking technology, unprecedented processing power and speed, and massive storage capacity, data is being collected and harnessed like never before.
The Global Innovation Index 2017: Innovation Feeding the World
is the result of a collaboration between Cornell University, INSEAD, and the World Intellectual Property Organization (WIPO) as co-publishers, and their Knowledge Partners.
Amazon.com Inc said on Friday it would buy Whole Foods Market Inc for $13.7 billion, in an embrace of brick-and-mortar stores that could turn the high-end grocer into a mass-market merchant and upend the already struggling U.S. retail industry.
The new OECD Main Economic Indicators (MEI) is available! This indispensable and unique source of key short-term statistics is a vehicle for analysis for corporate planners, economists, academics, researchers and students.
Also in this week's roundup: Kenneth Rogoff on the future of the Eurozone and an explanation of the dollar slide.A list of some of the week`s most interesting stories on economic growth and social inclusion.
As the world`s hottest start-up, Uber has received a pass from investors despite losing as much as $1 billion a quarter. That might change after a litany of scandals at the ride-hailing firm.
With private enterprise leading the way out into the solar system, the next few decades could see Amazon-ordered satellites, a lunar economic zone and the moon becoming a launchpad for Mars.
Boeing Co is looking ahead to a brave new world where jetliners fly without pilots and aims to test some of the technology next year, the world's biggest plane maker said in a briefing ahead of the Paris Airshow.
As the U.S. seems to be hell-bent on making itself less attractive to immigrants and visitors, its neighbors to the north are sensing an opening and going the..
Facebook's Telecom Infrastructure Project promises to upend the telecom equipment market, just like its Open Computer Project has done to the data center.
Almost every industry has been disrupted by digital technologies over the past decade. And, in 2017 we expect to see more revolutionary developments impacting our businesses, careers and lives. Among the groundbreaking moves, will be:
The world's largest private equity fund, backed by Japan's Softbank Group and Saudi Arabia's main sovereign wealth fund, said on Saturday it had raised over $93 billion to invest in technology sectors such as artificial intelligence and robotics.
The venture capitalists were seemingly influenced by gender stereotypes, so that they thought men had high entrepreneurial potential, and women didn't.
For the last five years, Apple held on to the title of the world`s most valuable brand. Then this year, the iPhone maker lost the top spot to Google, according to consultancy Brand Finance`s Global 500 rankings.
The survival rate of startups has increased in recent years, and once you know some of the most common reasons startups fail, you can work to ensure your business doesn`t fall prey to the same traps. Here are five pitfalls and how to avoid them.
Development and implementation are taking place mostly in large firms, and even then new technologies are underemployed and could be contributing much more than is currently the case, it says.The report highlights the potential effects of a wide range of technological developments in production - from the environmental impact of 3D printing, to autonomous digital systems and the latest advances in industrial biotechnology.
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What is the most effective way to embrace long-term competitiveness while strengthening the contribution of growth to broad-based progress in living standards?Rising income inequality is the cause of economic and social ills ranging from low consumption to social and political unrest.
With more than 60% of its population under the age of 25, sub-Saharan Africa is already the world`s youngest region today – and, by 2030, will be home to more than one-quarter of the world`s under-25 population.As this young population, the best-educated and globally connected the continent has ever had, enters the world of work, the region has a demographic opportunity. But the region can only leverage this opportunity by unlocking latent talent and preparing its people for the future of work.
India-based IT services firm Infosys Ltd said it plans to hire 10,000 U.S. workers in the next two years and open four technology centers in the United States, starting with a center this August in Indiana, the home state of U.S. Vice President Mike Pence.
Today`s global economy, riven with extreme inequalities, is running down the living world on which everything depends. How can we turn this around?https://www.weforum.org/agenda/2017/04/the-new-economic-model-that-could-end-inequality-doughnut
These 13 unicorn exits posted valuations of more than $1 billion each for these non-Valley tech companies, making massive impact in their communities, and huge returns for investors.
We stand on the brink of a technological revolution that will fundamentally alter the way we live, work, and relate to one another. In its scale, scope, and complexity, the transformation...
The founder of online encyclopaedia Wikipedia has announced plans for a crowd-funded news website offering stories by journalists and volunteers working together, an initiative he hopes will counter the spread of fake news.
The tent foundation seeks to improve the lives and livelihoods of the 65 million people who have been forcibly displaced around the globe. we do this by funding direct assistance, investing in innovation, and promoting policies and partnerships to help the displaced realize their full potential.
Small transparent spheres filled with natural or flavored water could help provide a solution to London's plastic waste problem, according to the start-up company based in the British capital that manufactures them.
