In America, the Washington D.C., uniparty types like to make you think they are all for reining in big corporations in favor of the “little guy.” But in practice, it seems that across many industries, the practice of squeezing out competition via government subsidy or legislative or bureaucratic intervention is often carried out by legislators with a vested interest in the long-term success of their “donating constituency.”
Sweden is investing 385 million kronor in strengthening its bomb shelters, emergency services and civil defence, after several high-profile figures urged the country to prepare for war.
Federal cybersecurity officials are preparing for a quantum computing surprise that requires the largest change in encryption ever to safeguard Americans’ data from foreign hackers.
MANTRA has introduced a new program for supporting and developing startups at the Dubai World Trade Center (DWTC). Shorooq Partners has invested $11
An international collaboration of researchers, led by Philip Walther at University of Vienna, have achieved a significant breakthrough in quantum technology, with the successful demonstration of quantum interference among several single photons using a novel resource-efficient platform. The work published in Science Advances represents a notable advancement in optical quantum computing that paves the way for more scalable quantum technologies.
GAMMA Investing LLC acquired a new position in Intel Co. (NASDAQ:INTC – Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 26,772 shares of the chip maker’s stock, valued at approximately $1,345,000. Other large investors also recently modified their holdings […]
As I may have mentioned on occasion, when it comes to quantum computing, one of my favorite quotes comes from the Night Watch tome of Terry Pratchett Discworld series. The quote in question reads as follows: “It’s very hard to talk quantum using a language originally designed to tell other monkeys where the ripe fruit … Read More → "Affordable Rack-Mount Quantum Computers Are Here!"
Researchers Claim Quantum Computing Breakthrough Researchers at Oxford University Physics are claiming a quantum computing breakthrough that could enable individual users to use cloud-based quantum computing over a fiber optic connection. Quantum computing is potentially far more powerful than that provided by supercomputers and, of Telecompetitor
Pune-based agritech firm Ecozen on Friday said it has raised $30 million (about Rs 250 crore) in a mix of equity and debt from existing investors including US-based global investment manager Nuveen.The debt support in the deal was fulfilled by InCred Credit Fund and U.S. International Development Finance Corporation through Ecozen’s exclusive advisor Setuka Partners, said a company statement.Ecozen said it has grown fivefold over the past two years, with a threefold increase in profit. The maker...
Medulance, an emergency healthcare services startup, has raised $3 million in Series A funding, led by Alkemi Growth Capital.The funding round also saw participation from investors such as Dexter Capital, Boat founder Aman Gupta, and Emcure Pharmaceuticals’ executive director Namita Thapar. The New Delhi-based startup has raised fresh capital after running as a profitable bootstrapped company for six years, it said in the statement.The funds will be used to increase its presence across the...
Fintech is once again the UK’s best-funded startup sector after climate tech secured the most investment in 2023. In the first quarter of 2024, UK fintech companies raised $1.4bn across 73 rounds, according to data from Dealroom and HSBC Innovation Banking. Fintech funding rounds over the period include £340m raised by challenger bank Monzo and […]
Quantum computers, systems that process and store information leveraging quantum mechanical phenomena, could eventually outperform classical computers on numerous tasks. Among other things, these computers could allow researchers to tackle complex optimization problems, speed up drug discovery and better protect users against cyber-security threats.