Maria Deutscher
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Dell debuts ‘hybrid’ quantum emulation platform for algorithm development
Dell Technologies Inc. engineers recently tested an internally developed emulation platform for running “hybrid” quantum algorithms, which use both quantum circuits and classical computing hardware to carry out calculations. The company detailed the project today. Dell’s platform is based on its commercial PowerEdge R740xd data center server, which uses Intel Corp. central processing units. Also ...
China declares cryptocurrency-related activities illegal
China’s central bank today declared cryptocurrency-related activities illegal, sending the prices of virtual currencies such as bitcoin dropping. The People’s Bank of China said that services offering trading, order matching, token issuance and derivatives for cryptocurrencies are prohibited. Cryptocurrency services offered by foreign exchanges are illegal as well. The People’s Bank of China stated that ...
Proposed EU legislation seeks USB-C charging support in all smartphones
The European Commission, the European Union’s executive branch, today proposed new legislation that would require all smartphone makers to add USB-C charging ports to their handsets. The requirement would also apply to other types of devices, namely tablets, cameras, headphones, portable speakers and handheld video game consoles. But the proposed legislation is particularly significant for the ...
Panorays raises $42M to find cybersecurity risks in companies’ supplier ecosystems
Startup Panorays Ltd. has raised $42 million to grow its presence in the cybersecurity market, where it competes with a cloud platform that helps companies determine if any of their suppliers has vulnerable networks. Panorays announced the round this morning. The New York-based startup says that the investment, led by Greenfield Partners, follows a fivefold ...
GM invests $300M in Chinese autonomous vehicle startup Momenta
General Motors Co. today announced a $300 million investment in Momenta, a China-based autonomous vehicle startup that raised a separate $500 million funding round only a few months ago. GM said that the investment will help accelerate the development of self-driving technology for future vehicles it plans to introduce in China. Momenta is developing autonomous ...
Foldable Surface Duo 2 headlines Microsoft’s new two-in-one device lineup
Microsoft Corp. is setting the stage for the launch of Windows 11 next month by launching four new Surface two-in-one laptops that will ship with the operating system included. The machines were announced by the company this morning alongside a fifth addition to the Surface product series. The Surface Duo 2 is the only one ...
Facebook says it underreported some ad performance metrics on iOS, stock falls 4%
Facebook Inc. today said that it has underreported the effectiveness of iOS ads to some businesses that advertise on its platform and pledged to roll out updates to address the issue. The social network’s share price declined more than 4% on the news. Investor concerns about the ad effectiveness reporting issues may have to do ...
Document startup PandaDoc announces Series C round at $1B valuation
PandaDoc Inc. today announced that it has raised a new financing round at a $1 billion valuation to expand the capabilities of its cloud platform, which helps business users process documents faster. The Series C round was led by OMERS Growth Equity and G Squared. The company didn’t disclose the amount of the round. TechCrunch ...
ServiceNow partner Thirdera acquires Appoxio
Thirdera LLC., the largest pure-play ServiceNow Inc. partner, today announced that it has acquired user interface developer Appoxio Technologies Inc. to expand its business operations. Publicly traded ServiceNow provides a popular cloud platform that is used by many enterprises’ information technology teams to manage their day-to-day work. In the last few years, the company has ...
Project44 inks $255M deal for supply chain monitoring startup Convey
Project44 Inc., a $1.2 billion startup that helps enterprises monitor their supply chains, is acquiring fellow supply chain monitoring provider Convey Inc. in a $255 million transaction. Announced today, the deal is Project44’s third acquisition since the beginning of the year and its largest so far. The startup previously acquired San Francisco-based ClearMetal Inc. and ...