Among the policies aimed at nurturing a "creative economy," South Korea is pouring more than 3 trillion won ($2.7 billion) into funding startups, establishing a third stock market to help new ventures raise money, and changing laws to lower hurdles for crowd-funding. To increase the chances of a financial payoff for entrepreneurs, it plans to give tax breaks and other incentives to big companies that invest in startups..
While officials have been warning for years about China's cyber espionage efforts aimed at U.S. military and high-tech programs, the breadth of new revelations about the extent of cyberattacks will increase pressure on American leaders to take more strident action against Beijing to stem the persistent breaches.
Surrounded by engineers at the Jet Propulsion Laboratory in Southern California, NASA chief Charles Bolden on Thursday inspected a prototype spacecraft engine that could power an audacious mission to lasso an asteroid and tow it closer to Earth for astronauts to explore. Once relegated to science fiction, ion propulsion is preferred for deep space cruising because it's more fuel-efficient.
Based on numbers from the latest contract between NASA and the Russian Space Agency, the United States is paying $424 million more to Russia to get U.S. astronauts into space. NASA Administrator Charles Bolden is is blaming Congress for the extra expense, saying reduced funding for commercial spaceflight development has forced the agency to sign the new contract.
A U.N. nuclear watchdog team said Japan may need longer than the projected 40 years to decommission its tsunami-crippled nuclear plant and urged its operator to improve plant stability. Damage at the Fukushima Dai-ichi plant is so complex that it is "impossible" to predict how long the cleanup may last.
At some point, scientists may be able to bring back extinct animals, and perhaps early humans, raising questions of ethics and environmental disruption. Stanford University law professor Hank Greely has recently identified the ethical landmines of this new concept of de-extinction.
President Barack Obama on Tuesday asked Congress to spend $100 million next year on a new project to map the human brain in hopes of eventually finding cures for disorders like Alzheimer's, epilepsy and traumatic injuries. The BRAIN Initiative, he said, could create jobs and eventually lead to answers to ailments including Parkinson's and autism and help reverse the effect of a stroke.
Malware shut down 32,000 computers and servers at three major South Korean TV networks and three banks last Wednesday, disrupting communications and banking businesses, officials said. Investigators have yet to pinpoint the culprit, but the focus remains fixed on North Korea, where South Korean security experts say Pyongyang has been training a team of computer-savvy "cyber warriors" as cyberspace becomes a fertile battleground in the standoff between the two Koreas.
Even cyberwar has rules, and one group of experts is putting out a manual to prove it. Their handbook, the Tallinn Manual, due to be published later this week, applies the practice of international law to the world of electronic warfare in an effort to show how hospitals, civilians and neutral nations can be protected in an information-age fight.
A new report on the uses and current technology of LIDAR, which has just been completed and presented to the National Academy of Sciences, reveal the potential for mobile version of this laser-based imaging system. Because of its ability to obtain in an hour more data about the landscape than a surveying crew could collect in months, the technology find use in a wide variety of fields.
Facing public outrage over smog-choked cities and filthy rivers, China's leaders are promising to clean up the country's neglected environment—a pledge that sets up a clash with political pressures to keep economic growth strong.
Hydraulic fracturing may soon be approved for the state of New York. However, a new study finds that it is technically and economically feasible to convert New York's all-purpose energy infrastructure to one powered by wind, water, and sunlight. The authors say that overall switch would reduce New York's end-use power demand by about 37% and stabilize energy prices.
Two years after the nuclear crisis in Japan, the top U.S. regulator says American nuclear power plants are safer than ever, though not trouble-free. A watchdog group calls that assessment overly rosy and has issued a scathing report saying nearly one in six U.S. nuclear reactors experienced safety breaches last year, due in part to weak oversight.
Women, persons with disabilities and three racial and ethnic groups—African Americans, Hispanics and American Indians—continue to be underrepresented in science and engineering (S&E) according to a new report released by the National Science Foundation. Data in the report demonstrate that women earn a smaller proportion of degrees in many S&E fields of study, although their participation has risen during the last 20 years in most S&E fields.
The European Union has fined Microsoft €561 million ($733 million) for breaking a pledge to offer personal computer users a choice of Internet browsers when they install the company's flagship Windows operating system. The penalty imposed by the EU's executive arm, the Commission, is a first for Brussels: no company has ever failed to keep its end of a bargain with EU authorities before.
An Obama administration adviser says the White House believes smartphone and tablet users should be allowed to unlock their phones and use the devices on the network of their choosing. The administration's opinion on the matter also goes for tablets, since they are becoming similar to smartphones.
President Barack Obama announced today that he intends to nominate Ernest J. Moniz to head the U.S. Department of Energy (DOE). Moniz is the Cecil and Ida Green Professor of Physics and Engineering Systems at Massachusetts Institute of Technology, as well as the director of the MIT Energy Initiative (MITEI) and the Laboratory for Energy and the Environment. At MIT, Moniz has also served previously as head of the Department of Physics and as director of the Bates Linear Accelerator Center.
A grieving Oregon mother who battled Facebook for full access to her deceased son's account has been pushing for years for something that would prevent others from losing photos, messages and other memories—as she did. The Oregon Legislature took up the cause as well, only to be turned back by pressure from the tech industry, which argued that both a 1986 federal law and voluntary terms of service agreements prohibit companies from sharing a person's information. Still, lawmakers pushed forward, seeking to treat digital information, from photos to intellectual property, as material property for estate purposes.
In a 2012 report, the Obama administration announced that it was "jumpstarting" the nuclear industry and injected significant funding into two new nuclear reactor projects in Georgia. But this investment—the first of its kind in three decades—belies an overall dismal U.S. nuclear power landscape, according to a recently published report. Where Japan and many European countries responded to the Fukushima disaster with public debate and significant policy shifts in the nuclear arena, the U.S. has scarcely broached the subject.
Teams of scientists from across Europe are vying for a funding bonanza that could see two of them receive more than a billion dollars over 10 years to keep the continent at the cutting edge of technology. The contest began with 26 proposals, and just four have made it to the final round, including a plan to develop digital guardian angels, an accurate model of the human brain, and better ways to produce and use graphene.
According to findings by the annual R&D Global Funding Forecast, an annual report from Battelle Memorial Institute and R&D Magazine, global R&D spending is forecast to set global records in growth heading into 2013, with a projected $54 billion to be added next year to an annual $1.5 trillion spending. Much of this growth is accounted for by strong funding in China.
Mandatory cuts to federal funding as outlined in the Budget Control Act, known as sequestration, will take place in early January, unless Congress takes action. More than 6,000 science and engineering students have hand-delivered a petition to the local offices of U.S. senators and House leaders, requesting that sequestration be halted because it would harm their future as innovators and hurt economic growth in the United States.
Mosquito control officials in the Florida Keys are waiting for the federal government to sign off on an experiment that would release hundreds of thousands of genetically modified mosquitoes to reduce the risk of dengue fever in the tourist town of Key West. If approved by the Food and Drug Administration, it would be the first such experiment in the U.S. Some residents, however, are worried about the risks.
After weathering concerns about everything from the safety of humans eating the salmon to their impact on the environment, Aquabounty was in a position to become the world's first company to sell fish whose DNA has been altered to speed up growth. But after positive feedback from the U.S. Food and Drug Administration in 2010, the agency still has not approved the fish and the company could soon run out of money.
Bai Chunli, as head of the largest research organization China, publicly expressed concern recently about when the Chinese scientific community will make an innovative, Nobel Prize-level scientific advance. Citing “negative elements,” he believes that despite massive investments in research and education, China’s scientific research is still weak and needs to improve.