Toshiba and Dharma Capital bid to bring quasi-quantum computing to HFT

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Japanese tech giant Toshiba is joining forces with Dharma Capital to trial the use of quasi-quantum technology in financial trading. The experiment will investigate the effectiveness of high frequency trading (HFT) strategies for Japanese listed stocks based on "optimal solutions" presented by a quasi-quantum computer -Toshiba’s Simulated Bifurcation Machine.Toshiba says that by combining its computing power with conventional HFT technology, it is now possible to search statistical arbitration opportunities that have not been targeted before, with a sufficient level of low latency against market price fluctuations. More broadly, establishing trading systems that can quickly detect ever-untargeted mispricings and eliminate them is expected to further improve market efficiency and liquidity, says the...

Telefónica Tech joins forces with Microsoft to provide the industrial sector with private 5G connectivity and local edge computing

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IT spending, cybersecurity concerns, cloud computing, and more: Tech research roundup

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Tech-savvy companies used the COVID-19 pandemic to widen their leads over rivals as they invested heavily in artificial intelligence, automation, Internet of Things, cloud, and data management, according to an Accenture survey. Companies that had digitisation efforts underway were in far better shape to navigate the pandemic.For more see: Tech savvy enterprises used COVID-19 pandemic to widen lead over laggards, says Accenture Source...

IBM unveils 2 nanometre chip tech for faster computing

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Bengaluru: Tech giant IBM on Thursday unveiled the world's first 2-nanonmetre (nm) chipmaking technology.It is projected to achieve 45 per cent higher performance, or 75 per cent lower energy use, than today's most advanced 7 nm node chips.The company's new 2 nm chip technology helps advance the state-of-the-art in the semiconductor industry, addressing this growing demand."The IBM innovation reflected in this new 2 nm chip is essential to the entire semiconductor and IT industry," Dario Gil, SVP and Director of IBM Research, said in a statement."It is the product of IBM's approach of taking on hard tech challenges and a demonstration of how breakthroughs can result from sustained investments and a collaborative R&D ecosystem approach," Gil added.The potential benefits of these advanced 2 nm chips could include quadrupling cell phone battery...

Mother’s Day tech gifts: Mom reviewed and approved

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Jennifer Jolly  |  Special to USA TODAY10 mom-approved tech gift ideas for Mother's DayEven if you're socially distancing, there are some spectacular gifts you can still order and ship in time for the big day.Jennifer Jolly, Special to USA TODAYMother's Day is May 9 this year and it's a pretty big deal for many families actually getting together – in person – for the first time since the pandemic began. But even if you're socially distancing, there are some spectacular gifts you can still order and ship in time for the big day. I go hands-on with thousands of new gadgets a year, and so far, 2021 has offered up some of the best, most fun and most useful tech tools to date. Here are 10 of the top new gadgets reviewed and approved by me – a mom who knows the best tech helps bring more balance – and make life a little easier overall.1....

Best Star Wars Day tech gadgets: May the 4th be with you

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Fun tech gear for "Star Wars" fans on May 4, aka Star Wars Day, and beyond. These might not be the droids you're looking for, but they're definitely out of this world tech gadgets for "Star Wars" fans. May 4 is recognized as Star Wars Day among devotees, and we've gathered some of the newest and most interesting items to consider for your collection, whether you're rooting for the Rebel Alliance or secretly siding with the Sith.  ...

Gadgets galore: The latest tech devices

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Rollable phones, disinfecting robots, smart doggy doors and other cool new devices are coming soon. The live events industry was among the sectors hit hardest by the pandemic. With ongoing restrictions on large gatherings and travel, organisers have pivoted to virtual events to help fill the revenue void. CES 2021 is a case in point. The world’s largest technology show, this year’s CES became the largest ever digital tech event, with nearly 2000 exhibitors showcasing their wares online. Here are some of the more interesting new products and technologies from the show. LG Rollable Last year, we saw the release of foldable smartphones, like the Samsung Galaxy Fold and Motorola Razr. This year’s new trend is the emergence of rollable smartphones. South Korean giant LG has offered a glimpse of...

Goldman Sachs makes quantum breakthrough

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Goldman Sachs is claiming a quantum computing breakthrough, designing algorithms it says could be used on hardware that may be available in as little as five years. The bank has been working with Silicon Valley startup QC Ware for the past couple of years to investigate the use of quantum algorithms in finance, exploring how the technology will eventually outperform classical computers for finance applications.Researchers at the two firms have been looking at how quantum computing can be tapped for the Monte Carlo algorithm used to evaluate risk and simulate prices for a variety of financial instruments.Using traditional hardware, the complex calculations needed for Monte Carlo are typically executed once overnight, which means that in volatile markets, traders are forced to use...