Electronic Business News

UK quantum computing start up gets first round funding

Grupo Arcano has invested in Cambridge Quantum Computing (CQCL). Although undisclosed, the amount has been reported to be $50m by Tech City News. Established in early 2013 CQCL was founded to create tools and algorithms for the commercialisation of quantum computers. It has an operating system called ‘ t|ket&gt…

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Microwave pioneer gets Frank Whittle Medal

British microwave engineer Professor Peter Clarricoats is to receive the Sir Frank Whittle Medal, one of the Royal Academy of Engineering’s highest accolades. Clarricoats, CBE FREng FRS, gets the Whittle Medal for influential achievements spanning more than half a century. According to the Academy, these achievements include: Research with…

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TSMC exiting solar

TSMC is exiting solar by the end of the month. Steve Tsu, chairman of TSM Solar, says the company couldn’t turn a profit with its solar manufacturing and that even the most aggressive cost-reduction plan wouldn’t make the solar subsidiary viable. “TSMC continues to believe that solar…

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D-Wave claims massive quantum computing boost

D-Wave Systems in British Columbia, Canada, is the only company in the world selling quantum computers, and it counts Google and NASA among its customers. But after four years on the market there is still no clear evidence its machines can solve problems faster than ordinary computers. Now the…

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SEMI book-to-bill goes positive

The SEMI book-to-bill went positive in July after a 0.98 in June and a 0.99 in May. July’s ratio of 1.02 represented bookings of $1.59 billion and $1.56 billion of billings. The $1.59 billion bookings figure is 5.1% higher than…

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IBM makes biggest ever commitment to Linux

Open source software is set to dominate the enterprise server market, says IBM. Fifteen years after first running Linux on a mainframe, IBM said it is now ready to contribute “the single largest amount of mainframe code to open source community.” “We are betting big on open source in the…

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Smart-meter IC market worth $1.2bn

Smart-meter chips were worth $1.2 billion last year, says IHS, at an ASP of $11. They went into 132 million meters. “The semiconductor industry for electric meters is moving toward a single-chip solution for measuring and communicating with the grid station, which is an important industry trend…

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Technology job prospects were never better, says KPMG

Technology job prospects have never been better, according to the latest survey by KPMG/Markit. The latest tech sector business monitor found that company recruitment plans  “jumped to a survey-record high and tech companies signaled greater confidence about future workloads”. The survey found that growth in the second quarter…

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