Singapore was among the nations ranked higher than the US The US has lost its position as the world's primary engine of technology innovation, according to a report by the World Economic Forum. The US is now ranked seventh in the body's league table measuring the impact of technology on the development of nations. A deterioration of the political and regulatory environment in the US prompted the fall, the report said. The top spot went for the first time to Denmark, followed by Sweden. full story: BBC NEWS | Business | US 'no longer technology king'