IBM launches Quantum System Two, powered by new Heron processor
At the IBM Quantum Summit Monday in New York, IBM launched IBM Quantum Heron, a 133-qubit processor that it said offers up to a five-fold improvement in error reduction over its predecessor. The new processor powers IBM Quantum System Two, which was also unveiled at the event. The company’s first
Read moreX is now licensed for payment processing in a dozen US states
Elon Musk is moving forward with his plans to turn the company formerly known as Twitter, now called X, into an “everything app” that includes its own payments system. The company in late November was granted three additional money transmitter licenses in the U.S. states of South Dakota (on Nov.
Read moreTC+ Roundup: Amazon is not the AI leader
Amazon has been No. 1 in the cloud for years but now finds itself playing catch-up to Microsoft when it comes to AI. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreCoffee Briefing Dec. 5 – OpenText to divest AMC to Rocket Software; Global companies hiring Canadians; Bell and ServiceNow partner; and more
Coffee Briefings are timely deliveries of the latest ITWC headlines, interviews, and podcasts. Today’s Coffee Briefing is delivered by IT World Canada’s editorial team! Missed last week’s Coffee Briefing? We’ve got you covered. New data finds companies around the world are hiring Canadians Source: Deel Data from online HR company Deel
Read moreTwilio might actually deserve activist investor attention
Twilio's stock has fallen from $400 a share in 2021 to somewhere in the $60s today. It's no wonder activist investors are circling. © 2023 TechCrunch. All rights reserved. For personal use only.
Read moreCompetition Bureau to investigate Rogers’ marketing claims about its ‘Infinite’ unlimited data plans
The Competition Bureau is investigating whether the marketing claims made by Rogers that its Infinite wireless phone plans have unlimited data are deceptive. The Federal Court of Canada has, therefore, granted the Competition Bureau a court order requiring Rogers to produce records and information pertaining to that investigation. Rogers launched
Read moreWhy does MasterClass work? with David Rogier from MasterClass
Welcome back to Found, where we get the stories behind the startups. This week Becca and Dom are joined by David Rogier, the founder and CEO of MasterClass, the streaming service where users can learn from experts on a variety of subjects from baking to basketball. Rogier talked about leaving
Read moreWith iMessage thanks to Beeper Mini, the OnePlus Open is my new favorite phone
Multi-platform messaging startup Beeper, founded by YC and Pebble alum Eric Migicovsky, delivered an iMessage experience for Android that doesn’t use any intermediaries and as-such, should be (always a big caveat here since we’re relying on the company’s word) private and secure. It has the potential to illuminate just how
Read moreGoldman Sachs-backed ZestMoney, once valued at $450M, to shut down
ZestMoney, a buy now pay later startup whose ability to underwrite small ticket loans to first-time internet customers attracted many high-profile investors including Goldman Sachs, is shutting down following unsuccessful efforts to find a buyer. The Bengaluru-headquartered startup — which also identified PayU, Quona, Zip, Omidyar Network and Ribbit Capital among
Read moreMetrics that matter: 3 practical observations on valuation from an Index Ventures partner
Paris Heymann Contributor Share on X Paris Heymann is a partner at Index Ventures, where he invests primarily in B2B SaaS and data. More posts by this contributor Vertical AI: The next logical iteration of vertical SaaS Acquisition, retention, expansion: Why SaaS founders must understand GDR and NDR As part
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