Tech

Switzerland tops Innovation Innovation Index while gaps persist in the world

Switzerland, Sweden, the Netherlands, the United States and the United Kingdom are the top five global innovative economies, according to the Global Innovation Index 2017, released today.

“Innovation Feeding the World” is the theme of the Global Innovation Index 2017 (GII 2017), the tenth edition of the index, which was presented today at a press briefing at the United Nations in Geneva. The Global Innovation Index 2017 (GII 2017) is co-published by the Cornell University, the European Institute for Business Administration (INSEAD) and the World Intellectual Property Organization.

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Apple shares slide after Mizuho downgrade

Apple shares fell more than 2 percent Monday, falling for a second-straight day due to mounting concerns about unsustainably high stock prices. The iPhone maker’s stock has lost nearly 6.2 percent of its value in just two days. Technology stocks have been hit particularly hard, as some investment firms fear that stocks like Facebook, Amazon, Netflix, and Alphabet in particular rose too quickly.

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Bitcoin ATM presence is growing

Cryptocurrency speculators and investment gurus are having a great time predicting Bitcoin’s future as the popular digital currency’s price continues to break records on a regular basis. A well-informed prediction, a random guess or just wishful thinking, everyone is coming up with a new Bitcoin price forecast. The latest one puts the cryptocurrency’s price at $1 million in the future.

Now, with a booming bitcoin economy and several years of growth behind them, physical bitcoin kiosks or “ATMs” may be emerging as the answer. There are already over a thousand around the world, and the new ATM challenger Bitlish announced last week that it wants to open as many as 5,000 more in Europe alone.

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Scale-up: UK leads the ranking despite Brexit

Europe is home to approximately 4,200 fast growing, ICT scale-ups in 45 countries, collectively raising about $58 billion in funding. And the UK is far and away the leader, with 34% of the scale-ups – 1,412 – and capital raised 35% of the total available to scale-ups in Europe, followed by Germany, France and Sweden at a distance.

This is what emerged from the latest SEP Monitor on Scale-up Europe presented by Mind the Bridge and SEP – Start-up Europe Partnership – at the Start-Up Europe Awards in Brussels.

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Apple helps to drive safe with Do Not Disturb feature

Apple unveiled a host of new products, updates and software features at its annual Worldwide Developer’s Conference (WWDC) on Monday, and one of them could potentially save lives. The upcoming iOS will include a feature called ‘Do Not Disturb While Driving" that will make it easier to avoid texting while driving. By all indications, it’s rather simple tool from a technological standpoint – but if it works as advertised, iPhone’s ‘Do Not Disturb’ feature could prevent car accidents and traffic fatalities, which is more than enough to make it a worthwhile update.

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Tech dominates Top 100 Most Valuable Brands Ranking

After several years of snatching the prize from each other, Google has managed to fight off Apple to defend its position as the world’s most valuable brand in Kantar Millward Brown’s 2017 BrandZ ranking.

The internet giant has extended its lead after achieving a 7% increase to $246bn, compared to Apple’s 3% rise to $235bn, meaning there is now a 4.4% value difference between to two global leaders. Last year it was far closer at 0.3%.

Microsoft (third) and Facebook (fifth) have also managed to retain their positions in the top five, with the former increasing brand value by 18% to $143bn and Facebook seeing a 27% boost to create a brand value of $130bn. The annual BrandZ ranking, which is compiled by WPP consultancy Kantar Millward Brown, is based on a combination of millions of consumer interviews and each company’s financial performance.

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Web-tool to discover if a robot will cut your job

As artificial intelligence and robotics continue to pick up steam, thousands of jobs we could once take for granted are at risk of being automated, threatening to leave a bevy of diligent workers on the dole. But there might be a tool you can consult to take the necessary measures before your time has come.

Created by designer-developer duo Dimitar Raykov and Mubashar Iqbal, ‘Will robots take my job?’ is an amusing web-based tool that predicts how susceptible your occupation is to the ever-growing current of automation and computerisation.

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