D-Wave Sets up Latest Quantum Computer in California

(Reuters) – Vancouver-based quantum computing firm D-Wave Systems Inc said on Thursday it has deployed its latest quantum computer to the University of Southern California. D-Wave’s most powerful machine, called the Advantage system, was launched in September, 2020 and has been operational in Canada …

AutoStore Q1 Revenue and Profit Beat Forecast

OSLO (Reuters) – Norwegian robotics firm AutoStore posted on Thursday a bigger-than-expected rise in first-quarter revenue and core earnings, and maintained its full-year guidance as order intake continued to rise. The company’s revenue for January-March rose to $123.1 million from $64.1 million in …

Asian Shares Track Technology-Led Sell-Off on Wall Street

By ELAINE KURTENBACH, AP Business Writer Shares fell in Asia on Thursday after the release of worse inflation data than expected sparked heavy selling of technology stocks on Wall Street. Hong Kong’s benchmark dipped 1.5% in early trading following the arrests of several prominent democracy …

Factbox-U.S. Companies and Their Cryptocurrency Holdings

(Reuters) – A meltdown in one of the world’s largest stablecoins, TerraUSD, sent shockwaves through cryptocurrency markets on Thursday, wiping out bitcoin’s 2021 gains and sending it to a 16-month low. The meltdown has taken the combined market value of all cryptocurrencies to $1.12 trillion, around …

U.S. Civil Rights Enforcers Warn Employers Against Biased AI

By MATT O’BRIEN, AP Technology Writer The federal government said Thursday that artificial intelligence technology to screen new job candidates or monitor their productivity at work can unfairly discriminate against people with disabilities, sending a warning to employers that the commonly used …