Markets
IBM Advances Processing Revolution With 50-Qubit Quantum Computer Prototype
IBM said Friday it has created a prototype 50 qubit quantum computer. Today's quantum machines are in the 90 microsecond range. IBM is increasing the pressure on Google in the battle to commercialize quantum computing technology. Even as recently as a year ago, they were able to achieve coherence times of 47 and 50 microseconds for the 5 qubit machines. The financial industry has also bee... [Full Article...]
Equifax haunted by cyberattack as costs, lawsuits increase
Equifax reported $834.8 million in revenue in its third quarter, which is up 4 percent from the same time past year; analysts had expected this, as the bulk of the company's money comes from selling services to other business, not consumers. [Full Article...]
Broadband and landline complainants to get automatic compensation
When an engineer misses an appointment or does not provide at least 24 hours notice for cancellations, users will be paid £25 per appointment missed. Ofcom has calculated that under current compensation efforts, people receive an average of £3.69 per day for the loss of service and £2.39 per day for delayed installations. [Full Article...]
CA: Uber to Test Flying Taxi in Los Angeles by 2020
Chief Product Officer Jeff Holden also said Uber would begin testing proposed four-passenger, 200-miles-per-hour (322-km-per-hour) flying taxi services across Los Angeles in 2020, its second planned test market after Dallas/Fort Worth. The aircrafts will use a vertical takeoff and landing or VTOL. Uber had introduced its ride-sharing to the skies in a white paper published previous year. [Full Article...]
Leading Stocks Investor's Alert: Advanced Micro Devices, Inc. (NASDAQ:AMD)
After a recent check, Advanced Micro Devices, Inc . (NASDAQ: AMD ) popped in on a high volume green day. Among active positions in the latest quarter, 246 holders increased their positions by a total of 121.25 million shares, 202 holders decreased the positions by a total of 92.31 million shares, and 58 holders held their positions. [Full Article...]
Cubist Systematic Strategies LLC Buys Shares of 3761 NXP Semiconductors NV (NXPI)
The stock rose 0.36% or $0.42 reaching $115.73 per share. About 4.40M shares traded. It has outperformed by 7.97% the S&P500. Amg Funds Llc decreased Juniper Networks Inc (JNPR) stake by 18.29% reported in 2017Q2 SEC filing. BT Investment Management Ltd bought a new stake in shares of NXP Semiconductors N.V.in the 2nd quarter valued at about $166,000. Bancshares Of New York Mellon Corp owns 0% i... [Full Article...]
United States corn production up, soybean down from October
Area harvested for grain is forecast at 83.1 million acres, unchanged from the previous estimate but down 4 percent from 2016. Soft red winter wheat carryover was forecast at 222 million bus, up 1 million bus on a like increase in total supply. [Full Article...]
We're About To See the Most Powerful Corvette Chevy Has Ever Made
The Corvette ZR1 will have 750 hp and a lot of aero. Motor Trend will be there to bring you all the details. According to the information from CorvetteBlogger, the 2019 Chevrolet Corvette ZR1 will be powered by a new, Eaton-supercharged LT5 which will deliver 750 horsepower and 680lb-ft of torque. [Full Article...]