World Tech Hubs Report

AAUW Tech Savvy is a daylong science, technology, engineering, and math (STEM) career conference designed to draw ladies in sixth via ninth grades to these fields. In fact, the Congress and regulators need to rein in Huge Tech in lots of different key areas as effectively. For instance, Congress currently offers Web-based mostly companies a veritable free move in promulgating faux news. Except Huge Tech platforms are held to standards that parallel these applied to print, radio, and television, in-depth reporting and fact-checking will stay dying arts. That is bad for both democracy and the financial system.

The tight job market has helped these without school levels. Unemployment among those with bachelor’s levels is at simply 2 p.c, and plenty of companies are opting to broaden the expertise pool they’re prepared to contemplate. Calls are mounting for employers to maneuver away from the 4-12 months degree requirement, starting with IBM ( IBM ) CEO Ginni Rometty , whose open letter to then President-elect Donald Trump two years in the past introduced the time period “new collar jobs” into fashionable jargon.

Different tax proposals in West Coast tech hubs have seen setbacks. Cupertino thought of a per-worker tax that might have an effect on largely Apple — however tabled discussion until subsequent year. Seattle passed a business tax in Might towards Amazon’s vocal opposition, after which revoked it last month after enterprise groups threatened to push forward a referendum to repeal it.

A group of billionaires together with Invoice Gates, Jeff Bezos, Jack Ma, and Richard Branson have invested in Kind Vitality The corporate, out of MIT, is designing a new type of battery, considered based on sulfur. If early reviews of success turn into sensible options, the technology may retailer power for months at a time at a fraction of the present price.

CAMBRIDGE, Mass. (Challenge Syndicate) — Have the tech giants — Amazon AMZN, +zero.82% , Apple AAPL, +1.12% , Facebook FB, +1.fifty six% , Google GOOG, +1.06% , and Microsoft MSFT, +1.42% — grown too massive, wealthy, and powerful for regulators and politicians ever to take them on? The international funding community seems to think so, at least if sky-excessive tech valuations are any indication. But whereas that could be excellent news for the tech oligarchs, whether or not it’s good for the economic system is way from clear.