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Germany pumps 650 million euros into IBM quantum computing alliance

IBM is joining forces with a German research institute to explore the potential of quantum computing in a project that the government in Berlin will back to the tune of 650 million euros ($717 million) over two years.



5 years ago

Locl on Wefunder

"LOCL® is creating a premium niche in the global surfwear market. After our debut in late 2019, we intend to grow our range and become synonymous with the highest levels of performance, quality and style. Our mission is to become the world’s most culturally distinctive and respected surfing apparel brand through an unwavering commitment to [...]


The post Locl on Wefunder appeared first on Crowditz.


5 years ago

Boeing says depressurization issue led to suspension of 777X load testing

Boeing Co said on Tuesday suspension of final load testing of its new widebody 777X aircraft was due to an issue that involved depressurization of the rear fuselage of the plane.



5 years ago

Bayer to reduce size of management board to five

Bayer management board members Hartmut Klusik and Kemal Malik will leave at the end of the year without a replacement, as the German drugmaker reduces its board to five seats to cut costs.



5 years ago

WeWork IPO valuation may dip below $20 billion in fresh blow to leading investor SoftBank

WeWork owner The We Company is considering slashing the valuation of its planned stock market launch to below $20 billion, two people familiar with the matter said, the latest blow to leading tech investor SoftBank Group after limp flotations of Uber and Slack .



5 years ago

Wall Street slips as global growth concerns hit tech stocks

A fall in technology stocks pulled Wall Street's main indexes lower on Tuesday as weak economic data from China revived global recession fears, but losses were tempered by hopes on trade.



5 years ago

Declining U.S. vacancies point to slowing job growth

U.S. job openings fell for a second straight month in July amid decreases in wholesale trade and the federal government, bolstering economists' views that job growth has peaked.



5 years ago

China to buy U.S. goods to sweeten trade deal: SCMP

China is expected to buy more agricultural products in hope for a better trade deal with the United States, South China Morning Post reported https://bit.ly/2manJ5q on Tuesday, citing a source.



5 years ago

U.S. sets preliminary duties of up to 222% on Chinese ceramic tile

The U.S. Commerce Department said on Tuesday that it found that imports of ceramic tile from China are unfairly subsidized and it imposed preliminary duties on them ranging from about 104% to 222%.



5 years ago

Jamie Dimon says JP Morgan is preparing for the risk of zero rates in the US

Dimon, chairman and CEO of J.P. Morgan, was speaking Tuesday at a conference in New York.

5 years ago

Apple reveals streaming service price, launch date of November 1

Apple Inc revealed on Tuesday that its streaming TV service will kick off Nov. 1 and cost $4.99 a month, as the tech giant reaches a turning point where it focuses as much on services as its hardware and software.



5 years ago

Factbox: Apple launches streaming service at $4.99/month, unveils new iPad

Apple Inc on Tuesday launched a new streaming TV service, which will showcase original shows at a monthly price of $4.99.



5 years ago

IBM, Fraunhofer partner on German-backed quantum computing research push

IBM is joining forces with a German research institute to explore the potential of quantum computing, as the government in Berlin backs research in the field to the tune of 650 million euros ($717 million) over two years.



5 years ago

Tearful Ma bids Alibaba farewell with rock star show

A tearful Jack Ma formally left Alibaba on Tuesday, donning a guitar and a rock star wig at an event for thousands of employees of the e-commerce giant he founded 20 years ago in a small shared apartment in Hangzhou city in eastern China.



5 years ago

Wall Street dips as tech stocks lag; trade hopes cushion fall

A fall in technology stocks pulled Wall Street's main indexes lower on Tuesday as weak economic data from China revived global recession fears, but losses were tempered by hopes of a trade deal.



5 years ago