News Snapshot:
AMERICA HAS long dominated the world in information technology (IT). Its government, universities and enterprising spirit have provided it with decades of leadership in hardware and software. Its military drones, satellites and “system of systems†give its armed forces a powerful edge over those of any competitor. Silicon Valley is more visited by foreign dignitaries and finders-of-fact than any other business locale in the world. One of its tech giants is currently worth over $2trn; three more are worth over $1trn. The contribution technology makes to the buoyancy of its markets is without equal. China, too, has digital resources in...
