India eats China’s lunch in US smartphone manufacturing
Summary India has overtaken China as the primary hub for manufacturing smartphones shipped to the US. According to Canalys, Apple has scaled up production in India as part of its…
Trump pushes EU into trade ‘deal’ that several EU leaders aren’t happy about
Trump pushes EU into trade ‘deal’ that several EU leaders aren’t happy about The recent trade agreement between the US and the EU, reached over the weekend, appears to be…
NASA faces brain drain as thousands exit under voluntary resignation scheme
Summary Almost 3,900 NASA employees have opted for voluntary exit as part of the agency’s Deferred Resignation Program. This includes senior staff, leading to concerns over a significant loss of…
Can a Country Be Too Rich? Norway Is Finding Out
Norway’s $2 trillion sovereign wealth fund may be hindering economic growth, according to a new book by Martin Bech Holte. The author argues that the influx of oil revenue has…
Nearly Half of US Venture Capital Professionals in Middle To Senior Positions Have No Successful Investments
A recent study highlights a concerning trend in the venture capital sector, revealing that 46% of US professionals in mid to senior roles have yet to achieve a successful investment.…
Tesla Signs $16.5 Billion Contract With Samsung To Make AI Chips
Tesla Signs $16.5 Billion Contract With Samsung To Make AI Chips Samsung has inked a colossal $16.5 billion contract to supply semiconductors for Tesla, as announced in a recent regulatory…
Trump pushes EU into trade ‘deal’ that several EU leaders aren’t happy about
Summary Trump has secured a controversial trade deal with the EU, aiming to avoid a trade war. The agreement establishes a 15 percent tariff on EU exports to the US,…
NASA faces brain drain as thousands exit under voluntary resignation scheme
NASA faces brain drain as thousands exit under voluntary resignation scheme Nearly 3,900 NASA employees are set to exit the agency due to a voluntary resignation scheme, with many senior…
India eats China’s lunch in US smartphone manufacturing
Summary India has surpassed China as the leading manufacturing hub for smartphones shipped to the US, according to recent Canalys data. Apple’s share of smartphones made in China has drastically…
Can a Country Be Too Rich? Norway Is Finding Out
Norway’s $2 trillion sovereign wealth fund may be worsening its economic health, raising questions about the impact of extreme wealth on productivity and social efficiency. This article discusses Martin Bech…