Economy

Europe's growth
Wallenberg: "The world around us has developed faster"

There is no doubt that Europe has lost competitiveness compared to the US, says Investor chairman Jacob Wallenberg in tonight's Agenda on SVT.

- The world around us has developed faster.

He believes that one area where Europe can learn from the US is efficiency and productivity. To get there, it is crucial that the Union starts working together on everything from 5G and railways to research and innovation. In addition, the amount of regulations must be reduced, says Wallenberg.

- Basically, it is about the EU implementing the internal market.

Musk: Blockchain technology will make the government more efficient

Donald Trump and Elon Musk's efficiency department Doge may use blockchain technology. The proposal comes from Musk, and talks with several different players have already begun, reports Bloomberg.

Blockchain technology, which is used in trading with various cryptocurrencies, among other things, is now being proposed as a tool to reduce costs in the US government.

The idea of ​​using blockchain technology in government operations is not new, but there are still several question marks about security and efficiency, writes Bloomberg.

Spotify's future
Spotify and Universal sign a new multi-year agreement

Spotify has signed a new multi-year licensing agreement with Universal Music Group for access to what is the world's largest record label's catalog. This is reported by Reuters.

"Artists, songwriters and listeners will benefit from new developed offerings," the company writes in a press release.