Want to invest in the Cryptocurrency Market? Here’s what you need to know! – TheCryptoUpdates

With the exponential growth of the cryptocurrency market, it has become a popular investment option for people around the globe. Using the blockchain technology, cryptocurrency has the potential of changing the lives of people for the better. This is why Uzidatahas designed a platform for the blockchain community where they can stay updated with all the information & analytics of cryptocurrency. But investing in crypto is not such an easy task. Apart from the huge growth potential, there are other important factors that you need to consider before investing in cryptocurrency. Some of the important things to consider include:

Crypto-currencies are highly volatile as the values fluctuate between extreme ups and downs. While there can be an unimaginable rise in the value of cryptocurrency, there can also be extreme price drops just the other moment. The volatility of the market makes it more exciting and even offers opportunities to the traders to make good profits. Though the risks are high, having an effective risk management strategy can help in dealing with the situation better.

When you are planning to explore the cryptocurrency market and make investments, it is essential to spend some time in doing thorough research. Before investing your hard-earned money, it is wise to understand the meaning of cryptocurrency, blockchain, security measures, and more. Getting updated about technology, regulations, investment strategies, and other important aspects can help you understand the market better and make smart investments.

Knowing the amount to invest in cryptocurrency is another important factor to consider. Being a volatile market, the chances of gains, as well as losses, are very high. It is always advisable to invest money that you can afford to lose. Investing such amounts ensures that in case of a loss, your life will not be affected much. Making smart decisions not only avoids unwanted consequences but also helps in remaining in a profitable situation.

Before investing in the cryptocurrency market, it is also important to determine the total market cap of the particular cryptocurrency that you wish to invest in. Solely relying on the unit value for determining the growth potential is not the right way. Instead, analyze the total capitalization as well as the increase in capitalization of the cryptocurrency for better insights.

Investing in the cryptocurrency market can enable you to make money or lose money, or at times your investment remains constant. In such a situation, tracking your funds becomes important. While tracking seems to be complex and difficult, the tracking tools can help in making the task easier. With a wealth of information and reports, the tools help in easily tracking your investments in the cryptocurrency market.

While planning to invest in cryptocurrency, it is also important to choose a reliable and secure platform. Investing in any random platform without detailed research can increase the risk of your investment. In order to avoid potential scams or frauds, considering doing some good research and investing through a trustworthy cryptocurrency platform only.

Considering the above aspects can help in making good investments in the cryptocurrency market and making easy profits. With smart decisions, making the best investments in cryptocurrency becomes possible. But for taking the right decision and framing strategies, you need the correct and the most updated info. This is where platforms like Uzidatacome in, with their brilliant database. The aim is to deliver a safe ecosystem to the community where they can access all the updated info and even get engaged in the conversations regarding the various bitcoins.

Right from the first, they have been aiming to revolutionize the way people search for information when it comes to anything related to blockchain. What makes Uzidataso unique is the fact that it serves the community irrespective of the role you play in the industry. Here are some of the features that you can expect from Uzidata once you log in.

So if you want to be an expert on cryptocurrency before you start investing make sure to try out Uzidata first!

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Want to invest in the Cryptocurrency Market? Here's what you need to know! - TheCryptoUpdates

Predicting the Cost of Cryptocurrency Hacks in 2020 – CircleID

The last few years have proven to be a crucial moment for cryptocurrency security. The more cryptocurrency has risen in popularity, the more high profile security breaches have occurred, and the more key institutions have been targeted.

The young cryptocurrency industry has always been brimming with opportunity, but with this comes risk, especially when there are lapses in security. Crypto security is especially important to crypto owners because one of the main points of cryptocurrencies like Bitcoin in the first place has been to prevent criminals from accessing your database to access your currency as easily as actual money.

There are two key hacks that shed light on such lapses:

In early 2018, bad agents targeted Coincheck Japan and succeeded in stealing over $500 million in NEM tokens. To this day, it is one of the largest and most notable crypto heists, standing shoulder to shoulder with hacks such as the notorious Mt. Gox attack a heist of roughly 800,000 BTC.

Even earlier, in 2016, Bangladesh Bank found itself in the crosshairs of ambitious and skilled hackers. Using fully authenticated transitions, thieves attempted to steal over $800 million across the SWIFT network. Although the thieves received a "meager" $101 million for their efforts, $81 million did eventually make its hands into beneficiaries in South Asia.

What is it that ties these examples together? The victims were sloppy. Both central banks and notable cryptocurrency exchanges had poorly managed security (such as login details) when it came to the transfer of cryptocurrency or fiat money.

Although the SWIFT network was at the center of the Bangladesh Bank heist and similar cybercrimes, the network itself was not hacked; the network's users were. Likewise, in both the Coincheck and Mt. Gox hack, the blockchains central to the hack were never compromised. Rather, the exchanges themselves, and the users were. The login usernames, passwords, and even the systems themselves had such poor security that hackers were essentially left an open door. A door they had no compunction about using.

Thankfully, greater cybersecurity controls were put in place by the SWIFT community. The weak links were quickly identified, and the hackers' go-to methods of attack were disseminated amongst the community.

Can the cryptocurrency industry claim at the enterprise level that it has done the same? Can it claim that it has learned from its own mistakes in an age where negative media coverage is one of the first things customers will often see online? It is difficult to say, but what is clear is that 2020 must see it come together and rise to face the growing risk of crypto threats.

Crypto has matured, but a lot of growth is still needed

The crypto industry's security has grown more robust over the last few years. The solutions presented by custodial and noncustodial wallet providers are increasingly resilient.

Powered by new multiparty protocols or hardware security, these enable secure asset transfers on a consistent basis. Given how popular crypto trading has become with multiple codes in both the EU and USA, these new tools are essential.

Both hardware and software-based multi-signature wallet access are being widely used by organizations. Operating environments are increasingly being encrypted, addresses are being whitelisted, and many other areas of security are being monitored and tightened. Additional improvements have been seen in wallet management systems.

The security community now discusses hacks as they happen, taking steps to patch holes in their security and blacklist any addresses that were party to the theft. However, as these attacks have repeatedly occurred in 2019, there is still much more work to be done.

Upgrading security technology is important, yes, but even more important are the steps taken to improve the risk management operations at the enterprise level. While technology is important, having efficient operations will make all security efforts far more productive and effective. Likewise, more rigorous checks on access to customer assets are key.

Customer investments must be secured, and the industry must adopt standard business practices when it comes to security, access, and any conflicts of interest. In other words, the industry has to start taking itself more seriously.

While no typical asset manager in the world has custody over their customer's assets, this is not the case in the crypto industry. This is a huge mistake. Without having the right principles in place, the industry will continue to deny itself the investment it needs investment it often needs to keep it from remaining vulnerable.

Security has become a huge concern not just for companies and exchanges but also for individuals who possess cryptocurrency. More and more people are looking to security measures such as using hardware wallets, two-factor authentication, and VPN services to keep their cryptocurrency wallets and transactions safe.

But if they see an industry that isn't doing the same, will they trust it? How long will it take the industry to realize that it needs to adopt the financial practices that have proven to work in traditional finance?

In the last year alone, countless foundations, exchanges, and funds have recognized that the crypto industry will never reach its full potential without mature business practices and complete transparency. These are the two things that incidentally protect the customers and their assets and are the elements that matter most. In an age where cybercrime seems to be hitting its stride, this is essential.

As the industry has started to shift towards transparency and best practices, it has increasingly seen enterprise-level solutions emerge to counter hacking risks. Machine learning, and AI, for instance, are cutting edge technologies that hackers struggle to counter. This has brought more willingness from insurance companies to cover third-party custodians who are using the right security technologies.

How will 2020 change the cryptocurrency industry?

For the cryptocurrency to evolve in the ways it needs to, there needs to be more awareness of security risks and a lot more education. Funds, foundations, exchanges, projects, and more must ensure that their processes are secure, transparent and follow best practices the practices that keep their customer's assets safe. Most players will correctly decide to outsource this important task to third party companies who specialize in these exact practices.

This will lead to a state of affairs that sees 2020 close with funds being more difficult to hack than ever. With more organization and collaboration between players and more adoption of enterprise-level security practices and principles, thieves will be far more discouraged from undertaking an attack on a crypto organization.

If the industry can manage to galvanize and make this happen, then the future of the cryptocurrency industry will be looking bright.

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Predicting the Cost of Cryptocurrency Hacks in 2020 - CircleID

New Cryptocurrency Exchange Shutting Down After Hack Bitcoin (BTC), Ethereum (ETH) and Three Additional Altcoins Stolen – The Daily Hodl

Cryptocurrency exchange Altsbit is shutting down this May. The exchange made the announcement after reporting an alleged security breach earlier this month.

In a statement, Altsbit says a hack late last week led to the theft of nearly all of the exchanges Ethereum (ETH), Bitcoin (BTC), VersusCoin (VRSC), Komodo (KMD) and Pirate Chain (ARRR) holdings.

Unfortunately, we have to notify you with the fact that our exchange was hacked during the night, and almost all funds from BTC, ETH, ARRR, and VRSC were stolen. A small part of the funds are safe on cold wallets.

Altsbit says the hackers took roughly 6.929 BTC, 2.321 ETH, 3,924,082 ARRR, 414,154 VRSC and 1,066 KMD. The total amount of ETH and BTC lost was less than $70,000 and reportedly dealt a lethal blow to the nascent exchange.

The cryptocurrency exchange says affected users should apply for partial refunds and that remaining funds will be used to refund users until May 8th.

The company further advises users to be wary of anyone pretending to be Altsbit employees who are allegedly distributing refunds.

Just last year, hackers bagged approximately $282,617,000 in leading cryptocurrencies, including Bitcoin, Ethereum, XRP, Litecoin and Bitcoin Cash, from a wide variety of crypto exchanges.

Featured Image: Shutterstock/yGorodenkoff

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New Cryptocurrency Exchange Shutting Down After Hack Bitcoin (BTC), Ethereum (ETH) and Three Additional Altcoins Stolen - The Daily Hodl

Bitcoin Taxation Support Growing Industry Here are 5 Useful Cryptocurrency Tax Calculators – Bitcoin News

For crypto owners looking to estimate how much they owe in taxes, there are some platforms with a free crypto tax calculator. They integrate with major crypto exchanges and wallets, allowing you to import your crypto transaction data and start calculating your taxes for free. Some of them also integrate with leading tax filing software such as Turbotax.

Also read: Bitcoin, Tesla Stock, Tron: How Warren Buffett Got His First Bitcoin

As cryptocurrencies become more popular and their adoption rises, governments worldwide are ramping up their efforts to tax them. In the U.S., the Internal Revenue Service (IRS) has named cryptocurrency a top priority this year. Not only has the agency sent out over 10,000 letters to remind crypto owners they must pay taxes, but its main tax form used by over 150 million U.S. filers now includes a cryptocurrency question.

For crypto owners who want to calculate how much they owe in taxes, there are many tax preparation platforms with a crypto tax calculator to help them minimize their tax liabilities and claim all the deductions possible. Most online crypto tax calculators require you to import your transaction data from exchanges or wallets in order to calculate your tax obligations. They will also generate various reports to help you with tax reporting and filing. Some have even partnered with leading tax filing services such as Turbotax. Below are some popular platforms with a cryptocurrency tax calculator. For more options, see our post on 10 useful tax tools for crypto owners.

Crypto Trader Tax by Coin Ledger is a tax reporting platform with a built-in crypto tax calculator. It integrates with all major crypto exchanges, including Coinbase, Coinbase Pro, Bittrex, Bitstamp, Gemini, Poloniex, Binance, Kucoin, Kraken, Bitfinex, Huobi, Hitbtc, and Cash App. You can also import data from unsupported exchanges manually. Once you have imported your data, Crypto Trader Tax will calculate your tax obligations and generate tax reports.

The platforms crypto tax calculator is free to use. You only have to pay when you want to view and download your full report, its website details. The reports generated include an audit trail report, the IRS Form 8949, a short and long term gains report, and a crypto income report. The platform also offers international support. Your capital gains and losses can be calculated in every fiat currency and your tax reports used in any country that supports FIFO, LIFO, or specific identification methods.

Four pricing levels are available on Crypto Tax Trader: $49, $99, $199, and $299. The cheapest plan allows you to import up to 100 trades. All levels have Turbotax and Taxact integration to help you file your tax returns.

Koinly is also a popular platform with a crypto tax calculator, available in over 20 countries. Similar Crypto Trader Tax, to use Koinlys tax calculator, you need to import your data from crypto exchanges, wallets or public addresses. You can then review your transactions and generate your tax reports, which include capital gains, income and gifts, margin trades, options and futures trades, and audit logs. You can then export your transactions to tax filing platforms such as Turbotax, Taxact, and Xero.

It is also free to start using Koinlys crypto tax calculator. Start for free, pay only when you are ready to generate your reports, its website states. To generate tax reports for filing, Koinly offers three plans costing $79, $179, and $399. The cheapest level allows 300 transactions.

Cointracker has been advertising its free crypto tax calculator since January. Cryptocurrency users with up to 200 transactions in a given tax year can use Cointracker to calculate cryptocurrency taxes free of charge, the company wrote. This enables the majority of cryptocurrency users to seamlessly become and stay tax compliant as they transact and use cryptocurrency, all at zero cost.

The free level comes with portfolio tracking, capital gains tax calculation, and error reconciliation. The platform also offers a more heavy-duty plan which costs $179, allows up to 3,000 transactions, and comes with several more options. There is also an unlimited level for which you need to contact the company for a quote.

Zenledger describes itself as much more than just a free crypto tax calculator. It claims to be The most comprehensive cryptocurrency tax software on the market. The service aggregates your many ledgers, marks the transactions to market, and allows you to categorize each transaction by use. It also integrates with major crypto exchanges and has partnered with Turbotax. Reports it generates include completed tax forms and audit reports.

Besides a free tax estimate, Zenledger offers a variety of pricing options, starting at $69, $149, and $399. The lowest level allows up to 1000 transactions and $15,000 in total asset value. Product consulting and customization service is available as an add-on at $100 per hour.

Tokentax is another cryptocurrency tax software and accounting platform with a built-in crypto tax calculator. Similar to other platforms featured above, Tokentax integrates with major crypto exchanges and allows you to manually import your trade history from other exchanges. Once your transaction data has been imported, the platform will calculate your tax obligation and generate your tax reports, including the IRS Form 8949, an audit trail report, a crypto mining and income tax report, and an international gain and loss report. Tokentax has also partnered with Turbotax.

In order to use Tokentaxs crypto tax calculator, however, you will need to pay for one of the three plans which cost $65, $199, and $799. The basic plan only allows up to 500 transactions from Coinbase, Coinbase Pro and Binance. Level 2 supports every exchange and allows you to import up to 5,000 transactions. All three levels have Turbotax integration.

The list above is not exhaustive as there are many more companies with a crypto tax calculator. News.bitcoin.com has previously provided a list of 10 useful tax tools to help crypto owners with tax filing. Regardless of which tax software you use, the IRS has recently provided some tips which cryptocurrency owners should know before filing their tax returns.

Do you have a favorite crypto tax calculator? Share your thoughts with us in the comments section below.

Disclaimer: This article is for informational purposes only. It is not an offer or solicitation of an offer to buy or sell, or a recommendation, endorsement, or sponsorship of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Images courtesy of Shutterstock.

Did you know you can buy and sell BCH privately using our noncustodial, peer-to-peer Local Bitcoin Cash trading platform? The local.Bitcoin.com marketplace has thousands of participants from all around the world trading BCH right now. And if you need a bitcoin wallet to securely store your coins, you can download one from us here.

A student of Austrian Economics, Kevin found Bitcoin in 2011 and has been an evangelist ever since. His interests lie in Bitcoin security, open-source systems, network effects and the intersection between economics and cryptography.

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Bitcoin Taxation Support Growing Industry Here are 5 Useful Cryptocurrency Tax Calculators - Bitcoin News

CryptoCompare Ranks Top 10 Bitcoin (BTC) and Cryptocurrency Exchanges – The Daily Hodl

February 12, 2020 London

The Benchmark ranks over 160 active spot exchanges globally to bring transparency and accountability to the cryptoasset exchange landscape by providing a framework for assessing risk. A grade is assigned to each exchange to help identify the lowest risk exchanges in the industry.

The analysis reveals a shift in the top five exchanges with itBit, the US and Japanese regulated exchange, taking the number 1 spot for the first time. It is followed by Gemini (2), Coinbase (3), Kraken (4), Bitstamp (5), Liquid (6), Bitfinex (7), OKEx (8), bitFlyer (9), and OKCoin (10).

CryptoCompares Exchange Benchmark plays an important role in providing institutional and retail investors with a secure, trusted marketplace. We encourage all initiatives that help to foster best practices among trading venues in this fast-growing industry, said Gabor Gurbacs, director, digital asset strategy at VanEck.

Charles Hayter, co-founder and CEO of CryptoCompare, commented,

The industry needs reliable metrics to evaluate the vast number of cryptocurrency exchanges globally and we have been extremely pleased with the response to our analysis since launch last year. Our cryptocurrency Exchange Benchmark aims to provide this transparency by assessing exchanges using a clear methodology to assess risk. The result is clear data on which exchanges are managing multiple risks in the most effective manner, improving decision-making for market participants.

CryptoCompare launched the Exchange Benchmark in June 2019 to evaluate cryptocurrency exchanges globally. Initially ranking over 100 exchanges, it now includes analysis of more than 165 crypto exchanges globally. It employs a qualitative (due diligence) and quantitative (market quality based on order book and trade data) approach and uses correlation-of-volume-to-volatility and standard-deviation-of-volume as inputs to the analysis.The Exchange Benchmark does not rely on aggregate volume data in its analysis due to concerns over volume manipulation, wash trading and trading incentives.

The ranking components include: geography; legal/regulatory; investment; team/company; data provision; trade surveillance; market quality and a penalty factor for negative events. Analysis is based on public information and detailed methodology is made freely available, underscoring CryptoCompares commitment to bringing greater transparency and improved decision-making to the cryptocurrency marketplace.

The full report can be found here.

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CryptoCompare Ranks Top 10 Bitcoin (BTC) and Cryptocurrency Exchanges - The Daily Hodl

Moonday Mornings: $4B OneCoin cryptocurrency scam to be made into TV drama – The Next Web

Welcome to Moonday Mornings, fellow Hard Forkers.

You know the drill, lets take a look at this weekends top cryptocurrency and blockchain headlines.

If you didnt get enough of the $4 billion OneCoin cryptocurrency scam then youre in luck. According to entertainment news website Deadline, the real-life drama is going to be made into a TV show.

In an allegedly intense bidding war, New Regency Television International beat the likes of 20th Century TV to win the screen rights to the popular BBC Sounds podcast, The Missing Crypto Queen. Its definitely worth a listen. Full details on the shows production are yet to be announced.

[Read: 2019s juiciest crypto drama: The saga of OneCoins $4B cryptocurrency scam]

A company offering a digital savings scheme, with fixed interest of 5%, has had to remove its adverts from London Underground train stations after coming under pressure from the UKs Financial Conduct Authority, The Telegraph reports.

According to the report, the billboards said interest rates were fixed and investors could remove their money whenever they pleased. What wasnt disclosed on the adverts though, was that investor money was used to buy cryptocurrency before being transferred to a financial services firm based in China.

The Australian government has finally released its blockchain roadmap that it says will help foster adoption in the country, The Block reports.

The 52-page document outlines a 12-step plan for the next five years, that will supposedly lead Australia to a blockchain empowered future, whatever that means. The Australian government announced its plans for blockchain last year, despite the latest document, were still waiting for anything tangible to develop.

The London-based cryptocurrency exchange LBX is facing compulsory liquidation, news.bitcoin.com reports. Despite the recent rise in cryptocurrency prices, the exchange hasnt been able to stay afloat.The company was issued a winding up order at the end of January for failing to pay creditors.

Court appointed liquidators are now working to reportedly resolve client concerns as soon as possible, including any money owed to them. It hasnt been mentioned how much money clients are owed.

And finally

A man from the US state of Michigan has been ordered to pay over $208,000 in restitution for his role in a cryptocurrency-based scam, according to a US Department of Justice release.

The individual, James Matthew Thomas, has also been sentenced to one year and one day in prison for defrauding two people from Missoula, Montana. The perpetrator pleaded guilty to wire fraud and money laundering last October.

According to the release, the Thomas solicited investments from his LinkedIn network, promising them large returns for investing in cryptocurrency. Only, he never paid his investors back. Where have we heard that before?

Well, there you have it. Now go get on with your week of watching Bitcoins price go up and down.

Published February 10, 2020 09:42 UTC

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Moonday Mornings: $4B OneCoin cryptocurrency scam to be made into TV drama - The Next Web

Dr. Huang Lin Explains Why Hes Developing the ZK-ConSNARK Privacy Protocol for Conducting Secure Cryptocurrency Transactions – Crowdfund Insider

The developers of the Suterusu protocol are presently working on a scalable, privacy-preserving second layer solution for secure digital asset management.

Any crypto-asset, including Bitcoin (BTC) and Ether (ETH), may soon be used to conduct fully anonymous transactions using the Suterusu protocol.

Suterusus technology, ZK-ConSNARK, allows users to perform very small and constant-size digital currency transactions and highly efcient verication. This solution is being developed by company chief technical officer Dr. Lin-Suterusu, who holds a Ph.D. in applied cryptography and privacy-preserving distributed systems.

Zhengpeng Hou, CEO at Suterusu, stated:

Today, everybody calls bitcoin and other altcoins crypto coins, but the majority dont have the attribute of privacy at all.

We recently caught up with Dr. Huang Lin who talked to us about the importance of financial privacy when conducting transactions using cryptocurrencies.

Dr. Lin: Most people think that cryptocurrencies are anonymous and maintain the users financial privacy by default. The reality is the opposite. When Bitcoin (BTC) initially launched, the intention was to have a decentralized ledger that is, practically, about transparency.

Every account or transaction can be found or accessed by anyone. And that information can be linked to the users identity. I believe nobody wants this in the conventional finance world.

Our account information is protected by the bank, transplantation is also the same. Unfortunately, cryptocurrencies today lack this privacy or at least the majority is missing this. Therefore, we believe privacy, and in particular financial privacy, are critical in the digital age.

Dr. Lin: Suterusu is registered in Singapore, so any business activities, including our day-to-day operations and ongoing development efforts abide by the laws of Singapore. Our goal is to advance the technology and make it more user-friendly. We hope that more people can access privacy-preserving solutions through our endeavor.

Dr. Lin: ZK-conSNARK is a setup-free, zero-knowledge proof scheme with almost constant proof size and efficient proof generation and verification. Our yellow paper has provided a scheme based on class groups of unknown order.

Here is the link: https://github.com/suterusu-team/Suter_yellowpaper.

In the case of a fully decentralized cryptocurrency, all the nodes in the blockchain network are supposed to verify the transaction and the zero-knowledge proof is included in the transaction. The smaller the size of zero-knowledge proof, the larger the transactions-per-second (TPS) or throughput is.

We also intend to keep both the proof generation and verification efficient in order to reduce the computation overhead for both the user and miners in the system. Currently, there are two types of zero-knowledge proofs in terms of its setup model, trusted setup and trustless setup, or setup-free.

The zero-knowledge proof scheme used in Zcash requires a trusted setup, which implies you could print an infinite amount of zcash without the possibility of being detected. Our ZK-conSnark is setup free and hence does not have this kind of security risk. In short, zk-conSNARK attains the perfect balance between security and efficiency.

Dr. Lin: They have done incredible work to bring privacy into finance, particularly in the crypto world, their work extends the crypto algorithms use case scenario. Because of their work, we have a certain level of privacy when performing cryptocurrency-based transactons, like stealth addresses and confidential payments. And now, people have more choices when trying to maintain financial privacy.

Dr. Lin:

In the short term, there are areas we are working on:

As far as research and development is concerned, we not only need to implement our existing solution but also need to keep working on our research for zk-ConSNARK to make it more optimal, have greater efficiency and low cost.

As a project, we also need to find out a good product-market fit. We are developing the algorithms and software development kids (SDK). We are also focused on creating financial products that meets the demands of the market.

In terms of ecosystem development and partnerships, we are a small team, and may expand our operations. We will keep on growing our business partners network and support the adoption of privacy-focused technologies.

We are also focusing on community growth. There are two types of communities, the user community, which will help in increasing the stability of our network, and the developers who will continue to work on our protocol.

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Dr. Huang Lin Explains Why Hes Developing the ZK-ConSNARK Privacy Protocol for Conducting Secure Cryptocurrency Transactions - Crowdfund Insider

Bara Fans Will Be Able to Buy a Say in Decisions via Cryptocurrency – SportTechie

German soccer league Bundesliga has partnered with online esports tournament platform Battlefy to launch the Virtual Bundesliga International series, a new esports competition for the FIFA video game. The Bundesliga originally launched the VBL in 2012, which is directly integrated into the EA Sports FIFA series.

The series will kickoff in March, with regional online qualifier tournaments in 19 countries (Brazil, Colombia, Peru, Chile, Argentina, Mexico, Canada, the U.S., Japan, South Korea, Thailand, Malaysia, India, Brunei, the Philippines, Cambodia, Singapore, East Timor and Vietnam.)

STATE OF THE INDUSTRY:Make Sure Youre atthe Worlds Premier Sports Tech Event (March 2627 at Barclays Center in Brooklyn)

Winners from the regional tournaments will then compete in an in-person continental qualifier. Those locations have yet to be announced but the tournaments will be broadcasted by local broadcast partners and all competing gamers will receive a kit from the Bundesliga that represents the team theyre playing as. The final stage will be the VBL International Finals held in May in Germany. Qualified FIFA players will be flown to meet professional Bundesliga and professional VBL players and visit select Bundesliga clubs.

Combining the online and offline world of football, the VBL International Series merges the passions of a new generation of gamers and Bundesliga fans around the world, Andreas Heyden, EVP, Digital Innovations at DFL Group, said in a press release.

Heyden was recently interviewed as part of SportTechies Tech Talks series.

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Bara Fans Will Be Able to Buy a Say in Decisions via Cryptocurrency - SportTechie

Teslas Leaked Employee Handbook Is As Unconventional As Founder Elon Musk – Forbes

(AP Photo/Jae C. Hong, File)

Elon Musk, the founder and CEO of Tesla, is known for his iconoclastic, unconventional personality and management style. Tesla's employee handbook, which mirrors the style of Musk, was leaked and then published by Business Insider.

If you are a Tesla human resources professional or in-house counsel, the employee manual must cause great anxiety. For workers, it's amazing.

The handbook offers a disclaimer to all employees:

If youre looking for a traditional employee handbook filled with policies and rules, you wont find one. Policies and rules tell you where the bottom isthey tell you how poorly you can perform before you get shown the door. Thats not us.

Usually employee handbooks are long, boring, jargon-laden and written in an authoritarian tone. It's not clear if anyone in the history of corporations has ever completely read and understood their companys manual. The exception is when there is an issue, then you search for it, start reading and quickly give up because it's incomprehensible, dense and confusing.

Teslas handbook is like its founderno-nonsense, direct and to the point, holds people accountable and sets forth the requirements clearly and concisely.

Musk seeks out smart and motivated people and holds them accountable. He is open-minded as to a persons background, but requires people to show up on time and produce. Tesla has high expectations for its employees to live up to its standards of excellence.

According to Musk, it's not imperative that employees come from top-tier universities. He believes, If somebody graduated from a great university, that may be an indication that they will be capable of great things, but its not necessarily the case. If you look at, say, people like Bill Gates or Larry Ellison, Steve Jobs, these guys didnt graduate from college, but if you had a chance to hire them, of course that would be a good idea. Musk once tweeted, A PhD is definitely not required, and followed that statement up by saying, Dont care if you even graduated high school.

Musk seeks out individuals who demonstrate evidence of exceptional ability. And if there is a track record of exceptional achievement, then it is likely that that will continue into the future.

According to the handbook, trust is mission critical. The company offers its employees its full faith and trust and provides them with important responsibilities. It's believed that people who are imbued with respect and trust will rise up to the challenge and maintain the highest degree of professionalism.

The most important thing, according to the handbook, is that it's everyones job to help make the company successful. Each employee needs to act as if they are owners. This means that if they have a good idea on how things can be done differently or better, they should share it with the appropriate managers. Employees are free to go up the chain of command, including Musk himself, if they believe that they have something of value to offer. This edict empowers everyone to take ownership of their job, career and the future of Tesla.

One of the rules in the handbook is all about having fun at work. Employees are encouraged to make new friends, strive to be the best that they can be and take on new and exciting challenges. The company wants everyone to work hard, love what they do and enjoy themselves.

The forthright tone of the handbook is refreshing. You can almost hear Musks voice behind the manuals admonishment that arriving to work late every Monday morning because you stayed up late watching football is inexcusable because there are people depending on you. Traffic accidents happen, we get that, but they dont happen every Monday during football season.

There is an understanding that if youre sick, you stay home. Dont get the rest of us sick, the handbook states.

Our assumption will be that if you dont call and dont show up for work, youre a jerk.

Ironically, some of the companys requirements have been slightlyand at times flagrantlyignored by Musk himself. Over the years, he has transgressed some of Teslas own principles. This includes calling a scuba diving expert who was rescuing children from a cave in Thailand a pedo, a remark that landed him in court for defamation. (The jury ultimately ruled in Musks favor.) To be fair, it's not clear about name-calling in the handbook.

When the company was undergoing some difficult times, Musk claimed that he had buyers secured for the company at $420 per share, which was a substantial premium from where the stock price traded at that time. It was believed that he slightly exaggerated about the mysterious buyer. Some claim that he completely made up the story about the fictitious buyer. The stock price now trades at about $800 per share, so the critics have somewhat relented.

Musk drew attention when he drank whiskey and smoked pot on the popular Joe Rogan podcast, which was watched and listened to by millions of people. His antics were questioned by corporate ethics experts.

There is a contingency of short-sellers on Twitter that maintain Musk is a modern day P.T. Barnum who overhypes his company and its stock price. They contend that Tesla shares are valued higher than several of the largest automakers combined and that the price cant possibly remain at that premium and will ultimately crash. They allege that Tesla vehicle accidents, spontaneous fires and fatalities are caused by software that hasnt been perfected yet.

Musk allegedly hired investigators to hack an employees phone, spied on his messages and misled police about a potential mass shooting, according to Sean Gouthro, a former security manager at the companys Nevada Gigafactory. Musk claimed in an email that an employee attempted to engage in damaging sabotage to our operations, and accused Wall Street short-sellers, oil & gas companies or the multitude of big gas/diesel car company competitors may have been behind the activities.

While the handbook calls for safety and the company wants you to go home every day in the same condition you arrived, there have been allegations of violations of safety. Employees reportedly called 911 regularly, citing dangerous working conditions, such as head injuries from unsecured construction debris blowing off the roof in a windstorm and people falling through holes in the floor.

Tesla and Musk are an anomaly in the business world. Many loyal customers and investors love the company and its flamboyant CEO, who also exhibits humility at times. They steadfastly stand by Tesla and root for its continued success.

Their faith remains unshaken despite the many times its founder steps out of bounds. The handbook should probably contain a passage that permits Musk to partake in questionable behaviors as long as he keeps growing the company, increasing the value of Tesla for its shareholders and offers a great product for their customers.

Teslas human resources staff, corporate attorneys and board of directors will continue to have headaches and never-ending work to do in keeping up with their larger-than-life CEO.

Originally posted here:

Teslas Leaked Employee Handbook Is As Unconventional As Founder Elon Musk - Forbes

Elon Musk and SpaceX Could Finally Let You Own a Piece of the New Space Race – Motley Fool

Hey guys, guess what? Elon Musk did something pretty cool last week.

Wait, no, sorry. That's just Elon being Elon on Twitter, as usual.

The CEO of SpaceX had an extremely active day on Twitter on Feb. 6, tweeting about several things, including the silly sci-fi pulp magazine cover. But one thing he didn't tweet about that day -- which would've been of far greater interest to investors everywhere -- was SpaceX's announcement that it might someday spin off its Starlink satellite division.

A Starlink IPO would finally give investors a second way to invest in the unique genius of Elon Musk, while also expanding the rather limited opportunities currently available for investing in space-centric companies.

SpaceX is currently valued at roughly $33 billion on private markets, up from about $30.5 billion last year. However, Musk has been far more adamant about keeping his rockets away from Wall Street than he was with Tesla (NASDAQ:TSLA), which went public in 2010 at a market cap of roughly $2.2 billion, or SolarCity, which reached a market cap of nearly $1 billion after its 2012 IPO (SolarCity is now part of Tesla).

If SpaceX ever does go public, its valuation will likely be much higher than that $33 billion estimate. Musk has made clear that he doesn't want to IPO SpaceX until it has established a steady stream of crewed routes to Mars. A SpaceX that could make a Mars trip feel more like a JFK-to-Dulles shuttle flight could easily be worth more than Tesla is today, all before ever going public. But it also implies that SpaceX will be well established by the time it might IPO.

Starlink, on the other hand, has a lot of runway left.

Musk said he plans to launch anywhere from 12,000 to 42,000 Starlink satellites to create an orbiting scaffold of internet connectivity. No specific timeline was given for reaching this goal. There are perhaps 200 to 240 Starlink satellites now in orbit, and the FCC has already given Starlink a deadline of November 2027 to launch the "first" 12,000 of Musk's grand plan. If Starlink reaches Musk's stated targets, it would represent an increase of anywhere from 4,900% to 20,900% in the number of near-Earth internet hotspots under its control. That's a lot of growth potential.

A Starlink rocket launches, carrying satellites. Image source: SpaceX

There are currently two major publicly traded satellite internet providers: EchoStar's (NASDAQ:SATS) HughesNet and ViaSat (NASDAQ:VSAT). HughesNet caps subscriber data access at 50 gigabytes per month, at a cost of over $120 per month, according to BroadbandNow. ViaSat has an "unlimited-bandwidth" plan, but it costs $150 per month, and your download speed gets throttled after using about 100 gigabytes of data.

Between them, these two providers serve about 2 million subscribers with 13 orbiting satellites. Every SpaceX-Starlink launch places several times as many satellites into orbit as the combined fleets of EchoStar and ViaSat.

Last month, Starlink became the operator of the largest commercial satellite fleet in the world. Based on the Union of Concerned Scientists' latest count, Starlink now operates roughly 10% of all satellites orbiting the Earth, and roughly a third of all U.S.-operated commercial satellites. By the time it's done, Starlink satellites would vastly outnumber all other satellite fleets in orbit combined.

Other companies are planning to similarly seed the skies with bandwidth-beaming satellites in the near future.

OneWeb is part-owned by Softbank and operating a joint venture manufacturing subsidiary with Airbus called OneWeb Satellites. The company plans to put about 382 satellites into orbit by the end of 2020, according to Foolish aerospace specialist Rich Smith.

Amazon.com (NASDAQ:AMZN) has its own satellite broadband venture, Project Kuiper, with ambitions to connect most of the world with a network of 3,236 satellites.

Neither of these competitors seems to offer the same opportunities as a publicly traded Starlink. OneWeb offers, at best, limited and indirect opportunities to invest in its space race efforts. Amazon is likely to track Project Kuiper as just another line item on its expansive earnings reports.

Neither of these Starlink competitors has access to a dedicated fleet of launch rockets. SpaceX, on the other hand, has enough payload capacity that it's invited other satellite operators to hitch a ride on its own launches (for a price, of course).

A starlink rocket is shown taking off from a SpaceX facility. Image source: SpaceX

The only other pure-play space investment you can buy right now is Richard Branson's Virgin Galactic (NYSE:SPCE), which is currently unprofitable. While SpaceX isn't required to report financials, a 2017 report showed the company eking out a (narrow) profit on its space-launch operations.

Unlike SpaceX, Virgin Galactic is focused on "space tourism," offering rich folks the chance to reach near-Earth orbit for about $250,000 a pop.

Virgin Galactic's long-term play seems to be based on helping the wealthy get around the world faster with rockets, according to Fool analyst Travis Hoium. This has been tried before -- remember the Concorde? -- and it's always been a tough sell from a commercial and regulatory standpoint.

If we assume Virgin Galactic's market is limited to ultra-high-net-worth individuals with more than $30 million in assets, its total addressable market is about 265,000 people, and many of them may fly only once, just to say they did it. SpaceX's plans for affordable satellite-based internet connectivity could benefit millions, if not billions, of people worldwide.

There are anywhere from 24 million to 163 million people in the United States alone who can't currently use the internet at broadband speeds, according to conflicting reports from the FCC and Microsoft. Nearly four billion people worldwide have no regular internet access at all.

Providing even a fraction of this unconnected population with steady and speedy online access would easily be worth billions of dollars in annual subscription fees to Starlink.

These details make Starlink seem like an IPO worth getting into, especially if its public debut occurs sooner rather than later.

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Elon Musk and SpaceX Could Finally Let You Own a Piece of the New Space Race - Motley Fool

Elon Musk and Donald Trump Are on Their Way to a Moonstruck Bromance – The Daily Beast

President Donald Trump has been fretting about Boeing for some time. Its a very disappointing company, he said while at the Davos World Economic Forum last month. This is one of the greatest companies of the world, lets say as of a year ago, and all of a sudden things happened.

And they just keep happening.

We just learned that Boeings new Starliner space capsule designed to take U.S. astronauts to the International Space Station had flawed software that could have led to a catastrophic failure. This only emerged as NASA was investigating another flaw that in December sent an unmanned test flight off course and caused it to be curtailed without reaching deep space.

As first reported by Space News, the newly uncovered flaw was so serious that Paul Hill, a member of NASAs Safety Advisory Panel, said, The panel has a larger concern with the rigor of Boeings verification processes. Further, with confidence at risk for a spacecraft that is intended to carry humans in space, the panel recommends an even broader Boeing assessment of, and corrective actions in, the testing.

This is a pretty stunning development, since it was problems with new software that were at the heart of the biggest crisis ever to hit Boeing, following two crashes of the Boeing 737MAX jet that killed 346 peoplea crisis that has severely damaged the companys reputation and led to a grounding of the airplane that has so far cost it at least $16 billion.

Trump wants Americans back on the moon before the end of what he confidently expects to be his second term, by 2024.

What is particularly alarming about the new revelations is that the failures occurred in another and entirely separate Boeing division, the aerospace division contracted by NASA to provide a new generation of launch vehicles that ultimately are intended to return U.S. astronauts to the moon.

This suggests that the failure to detect flawed engineering that has a specific and direct bearing on safety, whether of airline passengers or astronauts, is endemic throughout Boeing, and not just the commercial airplane division.

And this is where Trumps disenchantment with Boeing becomes hugely consequential. He wants Americans back on the moon before the end of what he confidently expects to be his second term, by 2024. That deadline has put NASA under intense pressure. Until Trump set his own deadline they were not planning to be able to put boots on the Moon until at least 2026indeed, one anonymous NASA engineer said that all that they could deliver to the moon by 2024 was a pair of boots.

But as Boeings star falls in Trumps reckoning another has risen with the panache and confidence of a true disruptor: Elon Musk. In fact, be prepared for an unlikely bromance between Trump and Musk.

This was foreshadowed when the president, in an interview with CNBC, also at Davos, delivered a remarkable, if somewhat incoherent, encomium of Musk: He likes rockets. And he does good at rockets, too, by the way. I never saw where the engines come down with no wings, no anything, and theyre landing. I said Ive never seen that before. Hes one of the worlds great geniuses, we have to protect all of these people that came up with originally the light bulb and the wheel and all of these things. And hes one of our very smart people, and we want to cherish those people.

Musk has been getting the presidents attention because his SpaceX company is disrupting the conventional space launch business as much as his car company, Tesla, is disrupting the conventional auto industry. Boeings latest fiasco serves to show just how that contest is playing out.

Once NASA decided to outsource space launches to private industry, albeit under its own supervision, two groups were contracted to provide the booster rockets and the vehicles required for three things: to carry astronauts, to carry cargo, and to launch the next generation of government satellites. The two groups were the United Launch Alliance, ULA, combining Boeing and Lockheed Martinand SpaceX .

Musk decided to offer something the ULA could notbooster rockets that were reusable, rather than ending their only flight as pieces of junk falling into the ocean. So far SpaceX has done this 44 times, using some of the boosters as many as three times. Nobody else in the world has that ability. SpaceX has designed, built and launched three generations of rockets into orbit and is building a fourth, as well as launching 60 small satellites into orbit.

And while the Boeing Starliner capsule is now grounded awaiting fixes to its software, Musks rival Dragon capsule has already made a successful six-day unmanned test flight to the International Space Stationand demonstrated that in the event of an aborted launch because of a failed booster the capsule can self-eject and return the astronauts safely to earth. Its only a matter of months now before the SpaceX capsule will be ready to fly astronauts.

Patricia Sanders, head of the NASA Safety Review Panel, said last week that its assessment of the SpaceX program is at a point where there is not a question of whether they will be flying crew in the near term, but when, and under what risk conditions.

Boeings problems with NASA run deep. The flawed software governed the capsules critical re-entry into the earths atmosphere at the end of a mission. If undetected the flaws would have fired the wrong thrusters when the capsule separated from its service module (which remains in orbit while the capsule carrying the astronauts is put into a very precise trajectory for re-entry).

That would have caused a collision that, the NASA investigation showed, could have damaged the capsules heat shield and sent it tumbling into space, dooming the crew.

The discovery of this flaw was taken so seriously that NASA was forced to reassess its own oversight procedures. Our oversight was insufficient said Douglas Loverro, the associate administrator for human explorations. This problem echoes what happened with the 737MAX program, where the FAA had to admit that its oversight of Boeing had been far too lax. The message is clear: every new Boeing project has now to be closely watched by regulators.

Boeings problems with NASA run deep.

Boeing has already said it is taking a $419 million charge against earnings to cover the cost of having to make a second uncrewed flight with the capsule before it can advance to a manned flight. Boeing said it accepted the suggestions from the NASA panel as well as recommendations from a separate NASA review team.

Lets be clear. SpaceX is not solely the work of one of the worlds great geniuses. Musk is clearly a visionary but he is also the kind of leader who builds a successful company culture by giving other talents the chance to prove themselves. From its beginning SpaceX has been significantly steered by Gwynne Shotwell, who is now the president and chief operating officer and responsible for the quality of its engineers.

She told an investor conference last October: I think engineers think better when theyre pushed hardest to do great things in a very short period of time, with very few resources. She pointedly made the contrast between SpaceX and the industry behemoths that she competes with: Boeing and Lockheed like their cushy situation.

Trump needs all the help he can get if he is to fulfill his aim of returning American astronauts to the moon by 2024. Who else is there for him to turn toand to cherishbut a man he thinks might re-invent the wheel?

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Elon Musk and Donald Trump Are on Their Way to a Moonstruck Bromance - The Daily Beast

Why Elon Musk’s SpaceX Is Thinking Bigger – The Motley Fool

In a world of big-thinking tech CEOs, Elon Musk thinks bigger than most.

Seemingly single-handedly, Musk first pioneered and then advanced the acceptance of electric cars as mass-market vehicles, solar power as an alternative to oil, and ... the possibility that Mars could be colonized.

But as revolutionary as all those ideas may sound, it's Elon Musk's plans for his space company SpaceX that could be the real earth-shaker.

Actual photo -- not an "artist's depiction" -- of SpaceX Starship MK1. Image source: SpaceX.

Specifically, his plans for the new "Starship" spacecraft that SpaceX is currently developing.

To refresh your memory, Starship is the new working title for the reusable rocket that SpaceX once called "BFR," and that it plans to test-fly later this year. It's designed to be built in two parts: Starship proper, which will carry up to 100 passengers, 100 tons of cargo, or a combination of the two, will stand 160 feet tall and have a diameter of 30 feet. Equipped with six Raptor engines, Starship will be able to launch from, land on, and travel between planets with low gravity -- even landing back on Earth.

Boosting Starship into orbit from Earth will be a SuperHeavy rocket that's even bigger -- 223 feet by 30. Powered by 37 Raptor engines, SuperHeavy will be the most powerful rocket in history (meaning it can carry more payload, and travel farther). In fact, with a liftoff thrust of 72 meganewtons, SuperHeavy will be twice as powerful as the Saturn V rocket that carried Americans to the moon.

Combined with Starship, the combined vessel will stand 20 feet taller than the Saturn V.

In a series of tweets published across Twitter last month, Musk laid out some big numbers for what he expects Starship to accomplish in the coming months and years.

Now, to be clear, Starship hasn't even launched yet, although an "MK1" version was assembled and stood up at SpaceX's Boca Chica, Texas, test site, and abbreviated versions of the craft dubbed "Starhoppers" have taken short "hop" test flights. But overlooking that minor detail, in January Musk tweeted out his hope that SpaceX will eventually be building as many as 100 reusable Starships per year, building toward a fleet numbering 1,000 Starships or more.

Now, if you read the rest of that tweet, you know that Musk also predicted that each of these reusable Starships will be designed to accomplish three flights to orbit (and back) per day on average, carrying up to 100 tons of cargo on each trip. The idea is to rapidly shuttle cargo from Earth to Earth orbit, there to be loaded aboard other Starships that will eventually travel from Earth to Mars caravan-style.

Thus, many of the Starships Musk wants to build will be parked in orbit, accepting and stowing away cargo from the shuttles flying to and fro beneath them, preparing for the day when the caravan departs Earth. The actual shuttling of cargo will be done by 10 or so workhorse Starships. (And about 10 years after all this begins, in what's sure to be one heck of a fireworks display, 1,000 Starships may launch over a period of just a few days, carrying up to 100,000 colonists who will accompany the supplies on a trip to colonize Mars.)

Let's put a pin in that Mars idea, though, which seems so ambitious that even tech fans like CNET say getting all the moving parts to work would verge on the "miraculous."

Consider just the more practical numbers:

100 Starships built per year. To wrap your head around how astounding that prediction is, last year every country on Earth, combined, built and launched only 103 rockets -- none anywhere near as big as Starship, and none, except those built by SpaceX, reusable.

Starships flying three times per day. Most space companies today (which is to say everyone other than SpaceX) build their rockets and throw them away after just one use.

Three flights per day ... for 20 to 30 years. In one final tweet, Musk revealed that SpaceX is designing Starship to have a 20- to 30-year lifespan -- "like aircraft."

Not to put too fine a point on it, but if even a fraction of what Musk is promising comes to pass, SpaceX is soon going to be entirely in a class by itself. With its operating costs reduced to essentially the cost of refueling his spaceships, "changing the oil, and rotating the tires" after each launch -- while everyone SpaceX is competing against has to build an entirely new spaceship for each and every launch -- no other company on Earth is going to be able to come close to competing with SpaceX on price.

So whether the future for SpaceX is "Mars colonization" or supplying a moon base for NASA, putting satellites into orbit cheaper, or even transporting people and cargo by rocketship from point to point on Earth, this company's costs are going to be pennies on the dollar compared to what everyone else has to charge.

If I were CEO of a company that competes with SpaceX today -- or of one even contemplating competing with SpaceX on any of these endeavors in the future -- right now, I'd be very nervous indeed.

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Why Elon Musk's SpaceX Is Thinking Bigger - The Motley Fool

Why Jeff Bezos might run for president to spite Elon Musk and Donald Trump – The Next Web

Amazon CEO Jeff Bezos is suing Donald Trump over the Pentagons decision to award a lucrative military artificial intelligence and cloud services contract to Microsoft instead of his company. Normally these kinds of lawsuits are yawn-inducing, but this case has some interesting caveats.

And, if youll let me set the stage first, Ill explain why Im convinced the court case will lead to a successful presidential campaign for Jeff Bezos in 2024.

ICYMI: Amazon prepares to strike back after Microsoft wins $10B JEDI contract

The Pentagon started shopping for a partner to build a cloud services suite meant to work as anAI and weapons platform for drone deployment and other battlefield technologies a few years back and, naturally, Amazon was the immediate front-runner. Amazon Web Services is a core technology thats, arguably, far and away ahead of the competition. Nearly every tech expert on record figured the contract was tailor-made for Amazon.

In fact, Oracle sued the government for stacking the deck against everyone else as a response to both the stringent qualifications and the fact that its pretty stupid to use a single-provider cloud service for military infrastructure. Most companies that wanted the contract simply couldnt qualify for it, so everyone assumed Amazon would win.

But Amazon didnt win. And former Secretary James Mattis claims that this was because President Trump ordered him to screw Amazon out of the JEDI contract.

Now, as reported by CNBC on Monday, Amazons lawyers arent just suing the White House over what they consider an improper snub, they are demanding that Donald Trump and former Defense Secretary James Mattis be deposed in court. The big idea here is that Trumps personal vendetta against Jeff Bezos and Amazon is relevant and the Commander in Chief should be held accountable.

The alleged personal vendetta supposedly has a lot to do with The Washington Posts negative coverage of President Trump and, of course, Jeff Bezos owns the Post.

Bezos may not need a big government payout his company is among a handful of businesses valued at over a trillion dollars and hes one of the richest people in the world but he desperately wants one. Hes reportedly jealous of Elon Musks ability to talk the Trump administration and local governments around the US into big-ticket, huge budget deals and yearns to land one of his own.

The companys HQ2 project was supposed to provide that for Bezos and Amazon after drumming up excitement with a reality TV-style contest to see which city would host the new headquarters. Eventually New York and Virginia were to split the campus, but Amazons failure to court local politicians ultimately doomed the deal and Bezos, once again, failed to net the Muskian payout he apparently craves.

Read: Amazons negotiation strategy for HQ2 was called Fuck you. Were Amazon

And that brings us to this seemingly silly lawsuit thats attempting to get the president to sit down for a deposition.

Were this pipe-dream of a legal stipulation to occur, it would mean that President Trump would have to appear in person to answer questions about his alleged feud with Jeff Bezos.

Without spending too much time on legalese and jargon, the odds of a sitting president getting deposed in court in this kind of case are so close to zero as to make it pointless to speculate any further. Its not going to happen.

Trumps being accused of purposefully influencing a $10 billion Defense contract to satisfy a personal vendetta. Arguably, that would be high treason. At a minimum, its something a democratic country would consider illegal.

Amazons reasoning for the suit and the deposition request is, according to court documents, to protect the country from the kind of misuse and abuse of authority the president allegedly exercised in his oversight of the Project JEDI contract process.

A company spokesperson told CNBC:

President Trump has repeatedly demonstrated his willingness to use his position as President and Commander in Chief to interfere with government functions including federal procurements to advance his personal agenda. The preservation of public confidence in the nations procurement process requires discovery and supplementation of the administrative record, particularly in light of President Trumps order to screw Amazon.

The brass tacks that all this comes down to, however, is its either a flex by Amazon and Jeff Bezos just wants to tie up taxpayer dollars and waste President Trumps time (rather, his legal teams), or its a political move paving a path for a 2024 Bezos presidential run.

Okay thats wild speculation, but its not entirely unfeasible. Trumps the best friend that the one-percent has ever had. Simply put: if Bezos cant get a giant payout to throw in Musks face during Trumps second act, he may as well give it up. None of the Democrats running in 2020 are likely to be kind to big tech if theyre elected. And there certainly arent any Republicans in sight whod be chomping at the bit to get in bed with Amazon after the companys tried to depose the King.

As The Wires fictional Omar Little once quipped, You come at the King, you best not miss. And if Amazon thinks that screwing with Trump in court is going to get it any modicum of justice or payback, then the companys genius is severely over-rated. In this case, I think Bezos is smarter than that. Hes stirring up the hornets nest on purpose to prep the media and the public for his political coming out.

Instead of running against Trump in the 2020 race, hell run against Trumps phantom in 2024. Just like Trumps continued to vilify Hillary Clinton at every rally hes held since being elected the first time, Bezos could Trump his political rivals both Democrat and Republican by making his campaign all about Trump. Its a strategy thats worked extremely well for The Donald.

Well, that and digitally gerrymandering the election using Facebook, Twitter, and Cambridge Analytica. However, Jeff Bezos isnt exactly Hillary Clinton his tech savvy and resources might make a bigger difference than other democratic candidates assuming of course Bezos runs as a Dem. Im thinking he might try to pull a Ross Perot and resurrect the idea of a strong third-party candidate.

If Bezos spends the next four years drumming up his feud with Trump during speaking engagements and media appearances, well get the opportunity to see if the smartest person in the room can win against the biggest bully. It could set the stage for a Bezos versus the field election atmosphere in 2024.

And, in a world where hearts and minds are won online, itll be interesting to see how the CEO of one of the worlds largest AI companies does in that arena against the Tweeter in Chief.

Id say its about 50-50 whether Bezos runs. Trumps made the Emoluments Clause obsolete, so Bezos wouldnt have to lose money or divest, hed just stop being CEO of his companies for his term. And, lets not forget that alongside the Post and Amazon, Bezos owns a spaceship company called Blue Origin thats played second fiddle to Elon Musks SpaceX when it comes to government contracts. Theres plenty of incentive for the Amazon chief to take his shot in 2024.

Then again, Bezos has also gone on the record saying he was too happy with his life and running his companies to consider the presidency. So maybe its a scenario too outrageous even for US politics. Lets hope so.

Whats left of US democracy may not withstand the threat wed face with the head of the company that owns Ring and provides law enforcement with facial recognition software getting himself elected just to stick it to his enemies.

Youre here because you want to learn more about artificial intelligence. So do we. So this summer, were bringing Neural to TNW Conference 2020, where we will host a vibrant program dedicated exclusively to AI. With keynotes by experts from companies like Spotify, RSA, and Medium, our Neural track will take a deep dive into new innovations, ethical problems, and how AI can transform businesses. Get your early bird ticket and check out the full Neural track.

Published February 12, 2020 21:18 UTC

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Why Jeff Bezos might run for president to spite Elon Musk and Donald Trump - The Next Web

Elon Musks New Nemesis: Rivian Founder R.J. Scaringe Has A $3 Billion War Chest And Tesla In His Headlights – Forbes

Its 8 oclock on a January morning, and the temperature in Normal, Illinois, just a few hours south of Chicago, is well below freezing. The small pond in front of Rivian Automotives assembly plant has turned to ice, the grass is covered with frost and there is snow in the forecast. Its not much warmer inside the plant. Nearly the entire 2.6-million-square-foot facility is a construction zone, undergoing a massive $750 million renovation to prepare for the end of the year, when it expects to start rolling out battery-powered trucks, vans and SUVs. So minor details like heat are not exactly a top priority.

The only finished areaa second floor at the front of the building that overlooks the factoryis where the plants previous owner, Mitsubishi, had its executive offices. Back then, access to this floor was restricted to the suits. Now its a giant open workspace, accessible to all, with a cafeteria, polished concrete floors and lots of natural light, just like the floor plan at Rivians research and design center in Plymouth, Michigan. The concept for both offices was to merge industrial and outdoor aesthetics that mirror the companys brandan automaker that builds sustainable vehicles usable in off-road settings. Rivian, which was founded in 2009 but is finally releasing its first vehicle this year, also has operations in San Jose and Irvine, California, where it develops its technology and batteries.

When were done cleaning, painting and installing the equipment, says Rivians 37-year-old founder and CEO, Robert Joseph Scaringe (better known as just R.J.), we will eventually be able to produce 250,000 vehicles per year by mid-decade.

Starting an independent car company is not easy. Among the roadkill in automotive history are Preston Tucker, who challenged Detroit in the late 1940s, and John DeLorean, who failed to take the Motor City back to the future in the early 1980s. Producing a line of mass-market vehicles in the 21st century is even more difficult than it was for Tucker and DeLorean, and considerably more perilous in the EV category.

With the emergence of Rivian, the electric vehicle market is no longer a one-horseless-carriage race. Indeed, the 2020s are gearing up to be the decade of the EV. According to research at Oppenheimer, EVs and plug-in electric hybrids accounted for a mere 2.2 percent of all U.S. vehicles sold in the last quarter of 2019. And only a third of those were purely electric. But that is changing rapidly. While only 5.1 million electric cars were sold worldwide in 2018, that figure is expected to surge throughout the decade21 million units are projected to be sold in 2020, 98 million in 2025 and 253 million in 2030.

Building a new EV, however, requires investing in cutting-edge research into components like battery packs and powertrains. The only company that has been remotely successful is, of course, Teslaand even its had a rough go of it.

Ride and Seek: Rivians adventure SUV can accommodate seven people, and the company has also filed for a patent to adapt a seat for first responders.

We spent a lot of time looking at and understanding how different [automakers] were built, Scaringe says. And we spent a lot of time understanding the risks associated with how to build and scale a business, and the working capital thats [required]. Over the past 13 months, he and his team have raised $2.85 billion to fund Rivians future. First Amazon (and others) invested $700 million in February 2019. Then Ford ponied up $500 million two months later.

Cox Automotive, whose brands include Autotrader and Kelley Blue Book, came through with another $350 million in September. And if that werent enough to turbocharge Scaringes outsize ambitions, just before Christmas Eve, money management behemoth T. Rowe Price led yet another investment round worth more than $1.3 billion.

That early infusion of capitalon top of investments of nearly $500 million, including from JIMCO, the investment arm of Abdul Latif Jameel, a Saudi corporation that has bet big on energy and mobilityhas given Rivian a valuation just north of $5.5 billion. Scaringe is estimated to own slightly more than 20% of the company, making him the latest automotive billionaire. The funding has also allowed Scaringe to nearly triple the size of Rivians workforce, from around 700 in 2018 to more than 2,000 today, which is how he can scale production this year.

The question is: Even with $3 billion, does Rivian have enough to realize Scaringes electric dreams?

Until now, its been a far smoother road than the one Elon Musk faced with his first vehicle. Tesla raised around $100 million between 2003 and 2008 to produce the Roadster, which was soon abandoned in favor of the Model S, and the Model S required more than $350 million in funding (including a 2010 IPO that valued the company at $1.7 billion). The journey of the Model 3 was particularly rocky. Supply-chain issues and Musks desire to completely disrupt the manufacturing process led to a two year-plus delay delivering cars to customers and a slew of quality-control issues. The fallout from these problems reportedly cost the EV maker hundreds of millions of dollars. (Tesla did not respond to multiple requests for comment.) The company then took on estimated billions in debt as it scaled its production for the mass market.

So if the mighty Tesla has faced so many detours and potholes, what makes Scaringe think that Rivian, which hasnt made a single car, can have a smooth ride? He doesnt. Things will go wrong, admits the young CEO. And Scaringe, who comes across like a mild-mannered Clark Kent type compared to Musks manic Tony Stark, is confident he can overcome any perils or roadblocks. After all, Rivian is built for treacherous terrain.

R.J. Scaringe first dreamed of starting his own car company when he was in high school. But unlike most teenage gearheads with the same ambition, Scaringe backed it up by studying engineering. His vision changed in 2007 while he was attending MITs prestigious Sloan Automotive Lab, where he attained a doctorate in mechanical engineering and the skills he would need to build the vehicle he imagined in his head. As I became increasingly aware of how many problems were born out of the automobilegeopolitical, climate, air quality and moreit became a huge source of internal conflict for me, he recalls. So he scrapped his plan for a gas-powered sports car for one that was battery-powered, much like Teslas original Roadster.

After graduating with his doctorate in 2009, Scaringe returned home to Melbourne, Florida, where he founded the company that became Rivian. He and his team spent four years developing a speedster-like EV before Scaringe found what he thought was an obvious gap in electric vehicles and one that spoke to his outdoorsy interestsa truck and a luxury SUV.

Scaringe also spent nearly a decade developing its innovative skateboard platforma chassis that contains the battery pack, suspension, electric motors for propulsion and a computer to control it all. Finally, in November 2018, Rivian unveiled its two prototypes at the Los Angeles Auto Show: The R1S, an electric SUV that seats seven, and the R1T, an electric pickup truck. The so-called adventure vehicles look like the love children of a Range Roverrugged, capable and luxuriousand are packed with the latest amenities such as internet connectivity and a host of driver-assist safety features.

The company expects to deliver an ambitious 20,000 units (combined truck and SUV) in 2021 and 40,000 in 2022, which could translate to approximately $1.4 billion and $2.8 billion, respectively, if all goes according to plan. By comparison, Tesla sold 25,000 units of the Model X in 2016, its first full year of release.

Beyond its first two releases, Scaringe says there will be three more vehicles in the Rivian portfolio by 2024. Though he is cautious about providing details, Scaringe admits that one will be smaller in size and all will be considerably lower in price. Its a strategy akin to what Land Rover does with its Defender and top-of-the-line Range Roversi.e., the same base model with fewer amenities. And if Scaringe can truly keep the price below $50,000, it will cause far worse headaches for Musk than a broken shatterproof window on his Franken-vehicle, the Cybertruck.

Tesla, of course, now dominates the EV marketby one estimate it represents nearly 80% of sales in the United Statesand Rivian will face stiff competition in the luxury battery-powered SUV segment from other automakers. The R1S SUV will enter a market in the fall that includes the Mercedes-Benz EQC (starting at $67,900); the Audi e-tron SUV ($74,800); the Jaguar i-Pace ($69,500); and, of course, the Tesla Model X ($84,990). Other automakers such as Hyundai and Kia will offer more affordable options, such as the Kona EV and Niro EV, starting at $37,190 and $38,500, respectively.

Prime Opportunity: As part of Amazon's $700 million investment, Rivian will produce electric delivery vans, expected to go into service in 2021.

Rivian should be without real competition in the truck category, however. Despite Teslas highly public debut of the Cybertruck, its not expected to be produced until 2022. And both Ford and General Motors have promised to release electric pickups in the next few years.

The opportunities [in the EV market] are pretty substantial, says Ed Kim, a market analyst for AutoPacific, an automotive research and consulting firm based in California. If Rivian becomes a threat to Tesla dominance, it could energize the category and set up a true EV rivalry. Some experts have been predicting this for a while, and I think there are a few key factors happening now that [are leading to further] penetration of the EV, says Steven Low, a professor of computer science and electrical engineering at Caltech. One is that vehicle range is expanding. Another is the availability of more charging facilities. And the third element is price.

Rivian claims its R1S and R1T will offer outstanding performance, including a range of just over 400 miles, or nearly 75 miles more than any other existing EV. Both will be able to sprint from zero to 60 mph in about three seconds. Above all, Rivian promises genuine off-road capability. Try driving your Tesla on the beach or into the woods.

The company also plans to build out a charging infrastructure, much like Teslas Superchargers. We are developing them in parallel, Scaringe says. As for the cost, Rivians pickup will have a base price around $69,000, the SUV $72,500 (and both come with a federal tax incentive). Scaringe hints that these prices will come down closer to release but wouldnt reveal a precise figure

Much will depend on Rivians new deep-pocketed partners.

Having built a $3 billion war chest from Amazon, Ford and Cox in a short time is certainly an impressive start for Scaringe, but if Teslas history is an example, that wont be enough funding to scale production to compete with Musk. Then again, those brands see opportunity in Rivian that Tesla could never provide.

The partnerships Scaringe forged werent just about the cash. In Fords case, the two companies will also build an electric vehicle together. Were providing the platform, Scaringe says. They will provide the body and the interior. Although Scaringe is reticent in talking about the project, the vehicle will be a luxury SUV with Fords Lincoln brand.

Rivian hopes the Ford alliance will allow the company to grow beyond its own consumer electric vehicle offerings. For its part, Ford is seemingly doing it to keep the companys options open, as it often does, to pursue the best option with which to achieve its electrification goals: 40 electric vehicle models by the end of 2022. Besides the Lincoln with Rivian, Ford is working on the electric Mustang-inspired Mach-E SUV and both a hybrid and all-electric version of the Ford F-150, Americas bestselling vehicle. Ford is also working with Volkswagen to develop EVs on its new EV platform.

The New Normal: Rivians complex in Illinois was formerly a Mitsubishi factory, many of whose workers have returned.

Amazon, meanwhile, is looking to Rivian to develop a battery-powered delivery van as part of its pledge to be net-zero carbon across all its businesses by 2040 and use 100% renewable energy to power those businesses by 2030. Consequently, Amazon ordered 100,000 vans from Rivian. At least 10,000 should be on the road by late 2022, and all are expected to be operating in Amazons fleet by 2024. The vans will presumably become part of an end-to-end logistics network that Amazon has been working on since 2015. If so, expect more Rivian orders to come down the road.

But its the Cox partnership that could prove the most troubling for Musk. While Tesla has more than 100 service centers in 30 states, Cox handled more than 55 million service appointments in 2019 at its sprawling network of commercial and dealer partner service centers across the United States. If something goes wrong with an R1T or R1S, the idea, presumably, is that a customer will be able to take the vehicle to a Cox service center like Pivet to have it repaired correctly and in a timely fashion, something that Tesla has struggled with since its inception.

Cox is also playing the long game with Rivianas more vehicles come to market, it wants to control secondary sales. My hope is with the skills that we have, says Cox president Sandy Schwartz, and with all the things that were learning, that well be the chief wholesale remarketer for all Rivians someday.

Now they just have to build some.

The name of the Illinois town that Rivian calls home is the perfect adjective to describe Scaringe himself and differentiate him from Musk: Normal. Whereas Teslas cofounder is all bravado and showmanshiphe has weaponized his Twitter account and turned it into a de facto marketing divisionScaringe is soft-spoken and low-key. While Musk is photographed with models and pop stars, Scaringe is a family man, even if he rarely sees his family lately. These days, he lives out of a suitcase, spending five days a week traveling among the companys four offices to make sure things are on schedule. His wife, Meagan, and their three boys (all under 5) see him from Friday night to Sunday evening in their unassuming three-bedroom house near Irvine, California. On Sunday evening, he boards a plane to Michigan and repeats the process to ensure that his larger vision is being realized: thinking globally and acting locally.

When the Mitsubishi plant closed in July 2015, for example, the mood in Normal was decidedly funereal. It hurt, says Mayor Chris Koos. It left over 1,000 people out of work, which causes a ripple effect throughout the community.

Even after the plant was sold to Rivian for $16 million in 2017, residents remained skeptical. That negative sentiment soon changed, however. Rivian showed interest in the lifestyle of the community, the quality of education, affordable housing and access to transportation, Mayor Koos says. The company even had a preview day in Normal last summer to answer any questions from local residents. It made a big impact on Normals perception of Rivian and, not surprisingly, proved valuable when it came to recruiting employees.

With the town onboard, Scaringe is now on a mission to lead Rivian through its first production cycle and expand its line. Though its too early to tell who will win the EV wars, Rivian is one of just a couple of companies that has a strong chance not only to survive, but also thrive, according to Navigants Sam Abuelsamid. He thinks Rivian might even be in a better position going forward than Tesla: If youre talking about whos going to have potentially the most volume, getting more vehicles to market in the near- to mid-term, [Id say] probably Tesla. But from an actual business standpoint, Rivian is in the better position to succeed because of the nature of the products they have.

But first, the rubber has to hit the road.

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Elon Musks New Nemesis: Rivian Founder R.J. Scaringe Has A $3 Billion War Chest And Tesla In His Headlights - Forbes

Cuomo’s business czar says Tesla’s Buffalo site is ‘hustling and bustling’ – Times Union

ALBANY - Will Elon Musk's visit to Tesla's "Buffalo Billion" solar panel factory be as much of a flop as his Cybertruck fiasco?

New York state economic development officials are hoping it won't be.

Musk is personally planning to visit Tesla's so-called Gigafactory 2 at the RiverBend campus in Buffalo in April, the same month when the plant must meet a key employment goal or pay a $41.2 million penalty to the state.

Back in November, Tesla stock tanked more than five percent after the car maker's chief designer was able to smash the windows of the new Cybertruck that were supposed to be bullet-proof. Following the episode, Musk's personal fortune fell $768 million in one day due, or about as much as it cost the state to build Gigafactory 2.

RiverBend was part of Gov. Andrew Cuomo's so-called Buffalo Billion strategy that saw the state spend nearly a billion dollars to build the facility for Tesla in a project that was rife with corruption and led to the downfall of SUNY Polytechnic Institute founder Alain Kaloyeros and a Buffalo area developer.

April is an important month for the company, which is required under the terms of its lease with the state of New York to have 1,460 employees working at the solar panel factory by April 30.

Members of the Legislature grilled Empire State Development CEO Eric Gertler on Thursday at a state budget hearing, asking him whether he was prepared to fine Telsa the $41.2 million penalty should the company miss the deadline.

"Will you enforce this clawback and tell us how you are going to (verify) the 1,460 jobs?" Buffalo-area Democrat Assemblyman Robin Schimminger asked Gertler.

Gertler did not directly answer Schimminger's question.Instead, he said he had visited the RiverBend facility last week and liked what he saw.

"I was pleased to see the facility hustling and bustling," Gertler replied. "To see a facility that is focusing on the green economy, which is an industry of the future, was exciting to see."

Although Gertler said that as of last year the Telsa factory had 500 employees, he did not say how many people worked there now.

However, Buffalo Mayor Byron Brown has reportedly said that Tesla is now at 1,100 workers at RiverBend with two months to go to add 360 additional workers. Telsa officials couldn't immediately be reached to confirm its employment numbers at the Buffalo solar panel factory.

"I can tell you they are doing a lot of hiring," Gertler said. "They've hired individuals from some of the training centers in and around Buffalo. There was a lot of money that's been dedicated to that, and we're in the business of jobs. If by April 30, they do not reach the 1,460 jobs, then as you pointed out, we're going to move to enforce that penalty. ... The ESD team is focused on making sure they do that hiring."

Republican Assemblyman Christopher Friend, who is from the Southern Tier but attended school in Buffalo, quizzed Gertler also about the Tesla deal, asking him how much of the 1.2-million-square-foot RiverBend facility is being used by Tesla.

"From what I saw, it was being well-used," Gertler said. "They've added a lot of different lines."

One of the new lines is not a solar panel line but a Tesla car charging station production line. Telsa has also sublet some of the facility to Panasonic.

"They're doing other things," Gertler said about what he saw when he toured the facility last week. "Is the facility being used? It is. It seemed to be pretty full."

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Cuomo's business czar says Tesla's Buffalo site is 'hustling and bustling' - Times Union

The quantum computer is about to change the world. Three Israelis are leading the revolution – Haaretz

In October 2019, Google announced that its quantum computer, Sycamore, had done a calculation in three minutes and 20 seconds that would have taken the worlds fastest supercomputer 10,000 years. Quantum supremacy, Google claimed for itself. We now have a quantum computer, it was saying, capable of performing calculations that no regular, classical computer is capable of doing in a reasonable time.

Where do you buy a computer like that? You dont. Googles Sycamore cant run Word or Chrome, it cant even run a nice friendly game of Minesweeper. In fact, Googles supreme quantum computer doesnt know how to do anything, other than perform one useless calculation. It resembles the huge computer in The Hitchhikers Guide to the Galaxy, which came up with the calculation of 42, as the Answer to the Ultimate Question of Life, the Universe, and Everything although no one knows what the question is.

The question is now being worked on in Tel Aviv, on Derech Hashalom Street. In their generic office in the citys Nahalat Yitzhak neighborhood, three physicists who received their doctorates at Rehovots Weizmann Institute of Science Nissim Ofek, 46; Yonatan Cohen, 36; and Itamar Sivan, 32 are developing instruments of control that will tame the quantum monster.

Ten years ago, when I took a course in quantum computing, it was considered science fiction, Dr. Sivan, the CEO of their company, Quantum Machines, relates. The experts said that it wouldnt happen in our lifetime or may never happen. As a physicist, quantum computing is a dream come true. Almost all our employees are physicists, even those who work as programmers, and most of them approached us. They read about an Israeli company for quantum computing and simply couldnt restrain themselves. Theres nothing more exciting than to learn for years about Schrdingers cat and about all the wild quantum effects, and then to enter a laboratory and actually build Schrdingers cat and leverage the theory into a prodigious force of calculation.

Already in high school, Sivan, who was born and raised in Tel Aviv, knew that he was drawn to the mysterious world of elusive particles. I did honors physics, and in that framework we learned a little quantum mechanics. Without mathematics at that stage, only the ideas of quantum mechanics. My brain took off. The quantinizing of the world, of the space around me, was very tangible. I felt that I understood the quantum world. Afterward I understood that I didnt understand anything, but thats not important. Its preferable to develop an intuition for quantum at an early age like for a language. Afterward I did military service, but I didnt forget that magic.

I was a bureau chief [i.e., military secretary], not the most intellectually challenging job in the army, he continues, and I was afraid that when I was discharged, I would be too old. You know, its said that all the great mathematicians achieved their breakthroughs before the age of 25. So, in parallel with army service I started undergraduate studies at the Open University. On the day after my discharge, I flew to Paris to continue my studies at the cole Normale Suprieure because there are a few other things that are also worth doing when youre young, such as living in Paris.

He met his partners in the project, Nissim Ofek and Yonatan Cohen, at the Weizmann Institute, where they all studied at the Center for Submicron Research, under Prof. Moty Heiblum.

Sivan: Nissim had completed his Ph.D. and was doing a postdoc at Yale just when Yonatan and I started. At the same time, Yonatan and I established the Weizmann Institutes entrepreneurship program. When we graduated, we asked each other: Okay, what do we know how to do in this world? The answer: quantum electronics and entrepreneurship. We really had no choice other than to found Quantum Machines.

QM is a singular startup, says Prof. Amir Yacoby, a Harvard University physicist and a member of the companys scientific advisory board. A great many startups promise to build ever more powerful quantum computers. QM is out to support all those ambitious platforms. Its the first company in the world that is building both the hardware and the software that will make it possible to use those computers. You have to understand that quantum computing was born in university labs before the electronics industry created designated devices for it. What we did was to take devices designated for classical computers and adapt them to the quantum computers. It took plenty of student years. Thats why QM looks so promising. These guys were the wretches who went through hell, who learned the needs the hard way. Today, every research group that Im familiar with is in contact with them or has already bought the system from them. QM is generating global enthusiasm.

Well return to the Israeli startup, but first we need to understand what all the fuss is about.

What we refer to as the universal computing machine was conceived by the man considered the father of computer sciences, Alan Turing, in 1936. Years before there were actual computers in the world, Turing suggested building a read-write head that would move a tape, read the different state in each frame, and replicate it according to commands it received. It sounds simplisltic, but there is no fundamental difference between the theoretical Turing machine and my new Lenovo laptop. The only difference is that my Turing machine reads-writes so many frames per second that its impossible to discern that its actually calculating. As the science-fiction writer Arthur C. Clarke put it, Any sufficiently advanced technology is indistinguishable from magic.

Classical computers perform these calculations by means of transistors. In 1947, William Shockley, Walter Brattain and John Bardeen built the first transistor the word is an amalgam of transfer and resistor. The transistor is a kind of switch that sits within a slice of silicon and acts as the multi-state frame that Turing dreamed of. Turn on the switch and the electricity flows through the transistor; turn it off, and the electricity does not flow. Hence, the use of transistors in computers is binary: if the electricity flows through the transistor, the bit, or binary digit, is 1; and if the current does not flow, the bit is 0.

With transistors, the name of the game is miniaturization. The smaller the transistor, the more of them it is possible to compress into the silicon slice, and the more complex are the calculations one can perform. It took a whole decade to get from the one transistor to an integrated circuit of four transistors. Ten years later, in 1965, it had become possible to compress 64 transistors onto a chip. At this stage, Gordon Moore, who would go on to found Intel, predicted that the number of transistors per silicon slice would continue to grow exponentially. Moores Law states that every 18 months, like clockwork, engineers will succeed in miniaturizing and compressing double the number of transistors in an integrated circuit.

Moores Law is a self-fulfilling fusion of a natural law and an economic prediction. A natural law, because miniaturized electrical circuits are more efficient and cheaper (its impossible to miniaturize a passenger plane, for example); and an economic law, because the engineers bosses read Moores article and demanded that they compress double the number of transistors in the following year. Thus we got the golden age of computers: the Intel 286, with 134,000 transistors in 1982; the 386, with 275,000 transistors, in 1985; the 486, with 1,180,235 transistors, in 1989; and the Pentium, with 3.1 million transistors, in 1993. There was no reason to leave the house.

Today, the human race is manufacturing dozens of billions of transistors per second. Your smartphone has about 8.5 billion transistors. According to a calculation made by the semiconductor analyst Jim Handy, since the first transistor was created in 1947, 2,913,276,327,576,980,000,000 transistors thats 2.9 sextillion have been manufactured, and within a few years there will be more transistors in the world than all the cells in all the human bodies on earth.

However, the golden age of the transistors is behind us. Moores Law ceased being relevant long ago, says Amir Yacoby. Computers are continuing to be improved, but the pace has slowed. After all, if wed continued to miniaturize transistors at the rate of Moores Law, we would have reached the stage of a transistor the size of an atom and we would have had to split the atom.

The conventional wisdom is that the slowdown in the rate of the improvement of classic computers is the engine driving the accelerated development of quantum computers. QM takes a different approach. Theres no need to look for reasons to want more computing power, Sivan says. Its a bottomless pit. Generate more calculating power, and we will find something to do with it. Programmers are developing cooler applications and smarter algorithms, but everything rests on the one engine of calculating power. Without that engine, the high-tech industry would not have come into being.

Moores Law, Cohen adds, starts to snafu precisely because miniaturization brought us to the level of solitary atoms, and the quantum effectsare in any case already starting to interfere with the regular behavior of the transistors. Now we are at a crossroads. Either we continue to do battle against these effects, which is what Intel is doing, or we start harnessing them to our advantage.

And theres another problem with our universal Turing machine: even if we were able to go on miniaturizing transistors forever, there is a series of hard problems that will always be one step ahead of our computers.

Mathematicians divide problems according to complexity classes, Cohen explains. Class P problems are simple for a classic computer. The time it takes to solve the problem increases by polynomials, hence the P. Five times three is an example of a polynomial problem. I can go on multiplying and my calculating time will remain linear for the number of digits that I add to the problem. There are also NP problems, referring to nondeterministic polynomial time. I give you the 15 and you need to find the primary factors five times three. Here the calculating time increases exponentially when the problem is increased in linear terms. NP complexity problems are difficult for classic computers. In principle, the problem can still be solved, but the calculating time becomes unreal.

A classic example of an NP complexity problem is that of the traveling salesman. Given a list of cities and the distance between each two cities, what is the shortest route for the traveling salesman who in the end has to return to his hometown to take? Between 14 cities, the number of possible routes is 10 to the 11th power. A standard computer performs an operation every nanosecond, or 10 to the 9th power operations per second, and thus will calculate all the possible routes in 100 seconds. But if we increase the number of cities to just 22, the number of possibilities will grow to 10 to the 19th power, and our computer will need 1,600 years to calculate the fastest route. And if we want to figure out the route for 28 cities, the universe will die before we get the result. And in contrast to the problem that Googles quantum supremacy computer addressed, the problem of the traveling salesman comes from the real world. Airlines, for example, would kill to have a computer that could do such calculations.

In fact, modern encrypting is based on the same computer-challenging problems. When we enter the website of a bank, for example, the communication between us and the bank is encrypted. What is the sophisticated Enigma-like machine that prevents outsiders from hacking into our bank account? Prime numbers. Yes, most of the sensitive communication on the internet is encrypted by a protocol called RSA (standing for the surnames of Ron Rivest, the Israeli Adi Shamir, and Leonard Adelman), whose key is totally public: breaking down a large number into prime numbers. Every computer is capable of hacking RSA, but it would take many years for it to do so. To break down a number of 300 digits into prime numbers would require about 100 years of calculation. A quantum computer would solve the problem within an hour and hack the internet.

The central goal of the study of quantum algorithms in the past 25 years was to try and understand what quantum computers could be used for, says Prof. Scott Aaronson, a computer scientist from the University of Texas at Austin and a member of QMs scientific advisory board. People need to understand that the answer is not self-evident. Nature granted us a totally bizarre hammer, and we have to thank our good fortune that we somehow managed to find a few nails for it.

Spooky action

What is this strange hammer? Without going deeply into quantum theory, suffice it to explain that quantum mechanics is a scientific theory that is no less grounded than the Theory of General Relativity or the theory of electricity even if it conflicts sharply with common sense. As it happens, the universe was not tailor-made for us.

Overall, quantum mechanics describes the motion of particles in space. At about the same time as Turing was envisioning his hypothetical computer, it was discovered that small particles, atomic and sub-atomic, behave as if they were large waves. We will illuminate two cracks with a flashlight and we will look at the wall on the other side. What will we see? Bands of light and shade alternately. The two waves that will be formed in the cracks will weaken or strengthen each other on the other side like ocean waves. But what happens if we fire one particle of light, a solitary photon, at the two cracks? The result will be identical to the flashlight: destructive and constructive interference of waves. The photon will split in two, pass through the two cracks simultaneously and become entangled with itself on the other side.

Its from this experiment, which was repeated in numberless variations, that the two odd traits of quantum mechanics are derived: what scientists call superposition (the situation of the particle we fired that split into two and passed between the two cracks in parallel) and the ability to predict only the probability of the photons position (we dont know for certain where the particle we fired will hit). An equally strange trait is quantum entanglement. When two particles are entangled, the moment one particle decides where it is located, it influences the behavior of the other particles, even if it is already on the other side of the cracks or on the other side of the Milky Way. Einstein termed this phenomenon spooky action at a distance.

The world of quantum mechanics is so bizarre that its insanely attractive, Sivan suggests. On the one hand, the results contradict common sense; on the other hand, it is one of the most solidly grounded theories.

The best analogy was provided by the physicist Richard Feynman, who conceived the idea of a quantum computer in 1982, notes Cohen. Feynman compared the world to a great chess game being played by the gods We do not know what the rules of the game are; all we are allowed to do is to watch the playing. Of course, if we watch long enough, we may eventually catch on to a few of the rules.

According to Cohen, Until the beginning of the 20th century, physicists could only look at pawns at the binary moves. Quantum mechanics shows us that there is a larger and far more interesting set of laws in nature: there are knights, rooks, queens.

Here, adds Sivan, pointing, this table here has an end, right? No, it doesnt. Like the particle that passes through the cracks, this table also has no defined size in space, only probability. The prospect is that we will find a table particle fading exponentially at the edge of the table. In order to work with the table on an everyday basis, we can make do with the classic, simplistic description. But our world is a quantum world and we need to know how to describe it truly. And for that we need quantum computers. In order to describe a simple molecule with 300 atoms penicillin, lets say we will need 2 to the 300th power classic transistors which is more than the number of atoms in the universe. And that is only to describe the molecule at a particular moment. To run it in a simulation would require us to build another few universes, to supply all the material needed.

But humanity is today running simulations on whole galaxies.

Sivan: True, but humanity is really bad at that. We are simplifying, cutting corners. This table will have a boundary in a simulation, so that you can work with it. The galaxy you are simulating is composed of molecules that behave according to quantum mechanics, but in the simulation you will run, the galaxy having no other choice will operate according to the principles of classical mechanics. That was Feynmans great insight: We cannot simulate a quantum world with classical computers. Only a quantum computer will know how to simulate a quantum system.

Feynman didnt stop at imagining a machine that would depict or simulate a quantum system that is, a computer that would be analogic for a quantum system. He took a step forward and asked: Why not build a universal quantum calculating machine? The theoretical principles for the universal quantum computer were set forth by the Israeli-born physicist David Deutsch in 1985. A quantum computer, Deutsch stated, will not be comparable to a Turing machine; it will be capable of solving every problem that a Turing machine is capable of solving and another few problems, too. Such as NP complexity problems.

Classic computers are based on binary bits, two states, 0 or 1, Cohen says. But like the particle in the experiment, Schrdingers cat can also be in a superposition, both dead and living, both 0 and 1. We dont know how to do that with cats yet, but there are systems that we can bring to superposition. Every such system is called a quantum bit, or qubit. Of course, the superposition will ultimately collapse, because we need to see the result on the other side, but along the way the cat was both living and dead, the lone photon truly passed through both cracks with the result in accordance.

Sivan: Two classic bits can take four possible combinations: 00, 01, 10 or 11. Two quantum bits can be in all four of those combinations simultaneously: 00, also 01, also 10 and also 11. With eight qubits you reach 256 combinations. That is true exponential force. Lets say you have a processor with a billion transistors, a billion bits, and you want to double its memory. You would have to add another billion bits. To double the memory in a quantum computer you will have to add one qubit.

How does it work? Take, for example, two simple calculations with two classic bits. In the first calculation you feed 00 into the machine and the algorithm says to the computer to switch, or turn over, the first bit, so we get 01. Then we want to solve another problem. We feed into the computer two bits in a 11 state, and the computer turns over the second bit, so we get 10. Two calculations, two operations. Now we will entangle a pair of quantum bits in superposition: they are both 00 and 11. Instead of two operations, the quantum computer will turn over the second bit and we will get both 01 and 10. Two calculations, one operation. And the operation will continue to be one, no matter how many calculations we perform. If in the classic computer, we are at any given moment in one state out of two states, 0 or 1, to the power of the number of bits we have, in the quantum computer we are at any given moment in each of the states.

An important clarification is in order here. Scott Aaronsons blog, called Shtetl-Optimized, carries the motto, Quantum computers would not solve hard search problems instantaneously by simply trying all the possible solutions at once. Thats because a quantum computer can be in all the states at every given moment but we, by heavens grace, are not quantum beings. We need an answer. That is why scientists are building the quantum computer with delicate choreography so that all the mistaken calculations will weaken one another and the calculations that contribute to the right answer will empower one another so that we non-quantum mortals will, with high probability, be able to measure the right answer from among the random nonsense.

Almost every popular article is wrong on this point, Prof. Aaronson explains. Like Sisyphus rolling the boulder up the hill, I have been trying for 15 years to explain that if we simply measure the superposition of each of the possible answers, we will get a random answer. For that we dont need quantum computers you can flip a coin or spin a top. All the hopes we are pinning on quantum computing depend on our ability to increase the probability of the right answer and reduce the probability of all the wrong answers.

Thus, the classic bit is encoded through an electrical current in semiconductors, so that if the current does not flow we get 0, and if it does flow we get 1. The revolution of the quantum computer hasnt yet determined what the best way is to encode quantum bits, but at the moment the most advanced quantum computers are using a two-atom electron. The electron can be either in atom left, 0, or in atom right, 1 or in both of them, in superposition at the same time. Googles Sycamore has 53 such qubits, fewer than the number of classical bits there were in the world when Moore formulated his law in 1964. All the giants such as IBM, Intel, Microsoft and Alibaba are in the quantum race to add qubits; the experts think that in a year or two we will see quantum computers with 100 or 200 qubits. The rate of increase is astounding, appropriate for a quantum Moores Law. Now arises the question: If one qubit works, and 53 qubits work together, why not create more qubits? Why not create a processor possessing hundreds, thousands, millions of qubits, to hack the RSA encryption of all the banks in the world and retire on a yacht?

The answer is that quantum computers make mistakes. Classical computers make mistakes, too, but were not aware of that because the classical computers also correct the mistakes. If, for example, a calculation is run on three classical bits, and one bit produces the result 0, and two bits produces the result 1, the processor will determine that the first bit was wrong and return it to state 1. Democracy. In quantum computing, democracy doesnt work, because the voters entered the polling booth together. Think of three cubits entangled to 000 and to 111, which is to say, three electrons that are present together both in the left atom and in the right atom simultaneously. If the third bit turns over by mistake, we will get a state of 001 and 110. If we try to correct the mistake, or even to check whether a mistake occurred, our superposition will collapse immediately and we will get 000 or 111. In other words, the qubits defeat themselves. The quantum entanglement that makes the computer marvel possible is the same one that precludes the possibility of adding more qubits: The electrons simply coordinate positions, so that it is impossible to ask them who made the mistake. That is a problem, because qubits are notorious for their sensitivity to the environment and there are also prone to make mistakes a lot more than regular bits.

Classical bits do not have a continuum of possibilities, Prof. Yacoby notes. What is a classical bit? The electricity flows or doesnt flow. Even if the current weakens or becomes stronger, it is still considered a current. The quantum bits are sequential, the electron can be largely in atom right and partially in atom left. That is their strength and that is their weakness. Therefore, every interaction with the environment affects them dramatically. If I use my regular computer and an electronic wave passes through the transistor, the state of the bit does not change. The same electronic wave passing through a qubit will cause loss of the qubits coherence, memory. The information will leak out to the surroundings and we will not be able to reconstruct it.

For this reason, we will not see quantum iPads in the near or distant future. A classical processor performs a calculation in a nanosecond, but will preserve the information for days, months, years ahead. A quantum computer also performs a calculation in a nanosecond and at best will manage to preserve the information for a hundredth of a microsecond. Quantum computers are so sensitive to external interference that they must be isolated from their surroundings at almost minus 273 degrees Celsius, one 10,000th of a degree above absolute zero.

The interaction of the qubits with the environment is a serious problem, because they lose the memory, says Yacoby. But that only means that they are measuring something in regard to the environment. There is a whole field of quantum sensors that enable us to learn about traits of materials with psychopathic sensitivity. Quantum clocks can measure a change in the force of gravity of the Earth from my nose to my chin. Its unbelievable. Lockheed Martin is developing a cruise missile that will be able to navigate itself without GPS, solely according to the quantum sensitivity to minute differences in Earths magnetic field. And there are quite a few startups that use quantum sensors to identify cancerous cells. These are applications for which I foresee commercial success long before we actually have quantum computers.

Theres also another game that can be played with quantum sensitivity: encryption. A quantum computer can hack the widespread encryption protocol on the internet, RSA, because it can calculate NP problems with no problem. But given that superposition collapses the moment the black box is opened to examine whether the cat is dead or alive, a quantum encryption protocol will be immune by virtue of its being quantum. Communication with the bank can be left open on a quantum server. Anyone who tries to listen to the line will cause the collapse of the superposition and hear gibberish and the bank and the client will know that someone listened in.

But with all due respect to the benefit that can be extracted from the fact that quantum computers dont work but can only sense humanity will benefit tremendously if we can make them work. In our world, everything is quantum at its base. Mapping the structure of chemical molecules requires quantum computing power, and we will know how to ward off diseases only when the pharmaceutical companies are able to run quantum simulations. The neurons in our brain are quantum, and we will be able to create true artificial intelligence only when we have quantum computers that can run independent thoughts.

Its not the race to the moon, Cohen says, its the race to Mars. In my opinion, the greatest scientific and engineering challenge now facing the human race is the actualization of quantum computers. But in order to actualize all those dreams, we need to understand how we correct errors in qubits, how we control them. Thats what were doing. QM is the first company in the world that is totally focused on developing control and operating systems for quantum computers. The system we are developing has a decisive role in correcting errors. In fact, the third founder of QM, Nissim, was the first person in the world to prove that errors in quantum bits can be corrected. He didnt show it on paper he proved it, succeeded, demonstrated it. Instead of measuring every qubit and seeing which was wrong, its possible to examine whether the qubits are in the same state. If one qubit is in a different state, well know that it is wrong. You can know whether you voted for a party that didnt win without knowing the results of the election.

QM was founded in 2018 with the aim of bypassing the problem of errant qubits with the help of some old friends: classical bits. If the classical computer contains hardware and software, meaning a great many transistors and a language that tells the processor which calculations to run on them, in a quantum computer, the cake has three layers: quantum hardware (that is, qubits), classical hardware that will be able to operate the quantum hardware, and software (both classical and quantum). That is our way of having an impact on the qubits while reading the results in our world, Sivan says. If we were quantum beings, we would be able to speak directly with the computer but were not.

Would you like to be a quantum being? It would save you a lot of work.

Yes, but then the other quantum beings wouldnt buy our products.

QM is building the classical hardware and software that will be able to send the right electric signals to the electrons and to read the results with minimal interference to the black wonder box. Their integrated system is called the Quantum Orchestration Platform.

Today there is separate hardware for every individual quantum computer, Cohen says. We are building an orchestra system that can work with every such computer and will send the most correct electrical signals to the qubits. In addition, we are developing programming language that will make it possible for us to program the algorithms the commands. Thats a general quantum language, like C [programming language]. Today there is a potpourri of languages, each quantum computer and its language. We want our language, QUA, to be established as the standard, universal language for quantum computing.

Sound off the wall? Not all that much. Last month, QM joined the IBM Q Network, in an attempt to integrate the computer conglomerates programming languages into the Quantum Orchestration Platform of Sivan and his colleagues, and to publish a complete complier (a complier is a computer program that can translates computer code written in one programming language into another language) by the second quarter of 2020. The complier will be able to translate every quantum programming language into the QM platform. Thus, an algorithm written in a university in Shanghai will be able to run on a quantum computer built in Googles laboratories in, say, Mountain View.

Says Yonatan Cohen: The major players, like Google and IBM, are still gambling. They are developing a quantum processor that is based on their own [singular] technology. And it could be that in a few years we will discover a better platform, and their processor will not have any use. We are building a system that is agnostic to quantum hardware. Our goal is to grow with the industry, no matter what direction it develops in. Because the underlying assumption is that you dont know exactly when quantum computers will start to be practicable. Some people say three years, others say 20 years. But its clear to us that whoever is in the forefront when it erupts will win bigtime, because he will control the new computing force. Everyone will have to work with him, in his language, with his hardware.

Sivan: Its possible that in another few years, we will look back on this decade and see an unexampled technological turning point: the moment when quantum computers went into action. Thats not another technological improvement. Its a leap

A quantum leap!

Sivan: Exactly.

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The quantum computer is about to change the world. Three Israelis are leading the revolution - Haaretz

DOE Workshop Begins Mapping the Future of Quantum Communications – insideHPC

Paul Dabbar Quantum Internet WorkshopPaul Dabbar, Under Secretary of Energy for the DOEs Office of Science, gives the welcoming remarks at the Quantum Internet Blueprint Workshop, held Feb. 5-6 in New York City.

The U.S. Department of Energys Office of Science, under the leadership of Under Secretary of Energy Paul Dabbar, sponsored around 70 representatives from multiple government agencies and universities at the firstQuantum Internet Blueprint Workshop, held in New York City Feb. 5-6. The primary goal of the workshop was to begin laying the groundwork for a nationwide entangled quantum Internet.

Building on the efforts of theChicago Quantum Exchangeat the University of Chicago, Argonne and Fermi National Laboratories, andLiQuIDNet(Long Island Quantum Distribution Network) at Brookhaven National Laboratory and Stony Brook University, the event was organized by Brookhaven. The technical program committee was co-chaired by Kerstin Kleese Van Dam, director of the Computational Science Initiative at Brookhaven, and Inder Monga, director of ESnet at Lawrence Berkeley National Lab.

The dollars we have put into quantum information science have increased by about fivefold over the last three years, Dabbar told the New York Timeson February 10 after the Trump Administration announced a new budget proposal that includes significant funding for quantum information science, including the quantum Internet.

In parallel with the growing interest and investment in creating viable quantum computing technologies, researchers believe that a quantum Internet could have a profound impact on a number of application areas critical to science, national security, and industry. Application areas include upscaling of quantum computing by helping connect distributed quantum computers, quantum sensing through a network of quantum telescopes, quantum metrology, and secure communications.

Toward this end, the workshop explored the specific research and engineering advances needed to build a quantum Internet in the near term, along with what is needed to move from todays limited local network experiments to a viable, secure quantum Internet.

This meeting was a great first step in identifying what will be needed to create a quantum Internet, said Monga, noting that ESnet engineers have been helping Brookhaven and Stony Brook researchers build the fiber infrastructure to test some of the initial devices and techniques that are expected to play a key role in enabling long-distance quantum communications. The group was very engaged and is looking to define a blueprint. They identified a clear research roadmap with many grand challenges and are cautiously optimistic on the timeframe to accomplish that vision.

Berkeley Labs Thomas Schenkel was the Labs point of contact for the workshop, a co-organizer, and co-chair of the quantum networking control hardware breakout session. ESnets Michael Blodgett also attended the workshop.

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Scientists discover how to use time crystals to power superconductors – Big Think

The concept of time crystals comes from the realm of counterintuitive mind-melding physics ideas that may actually turn out to have real-world applications. Now comes news that a paper proposes merging time crystals with topological superconductors for applications in error-free quantum computing, extremely precise timekeeping and more.

Time crystals were first proposed as hypothetical structures by the Nobel-Prize winning theoretical physicist Frank Wilczek and MIT physicists in 2012. The remarkable feature of time crystals is that they would would move without using energy. As such they would appear to break the fundamental physics law of time-translation symmetry. They would move while staying in their ground states, when they are at their lowest energy, appearing to be in a kind of perpetual motion. Wilczek offered mathematical proof that showed how atoms of crystallizing matter could regularly form repeating lattices in time, while not consuming or producing any energy.

Time crystals have since been experimentally created in various labs.

Now researchers at the California Institute of Technology (Caltech) and the Weizmann Institute in Israel found that theoretically you can create a system that combines time crystals with so-called topological superconductors.

The field of topology looks at the properties of objects that are unchangeable (or "invariant') despite deformations like stretching, twisting, or bending. In a topological insulator, the properties linked to the electron wave function would be considered topologically invariant.

As the scientists themselves explain, "Time crystals form when arbitrary physical states of a periodically driven system spontaneously break discrete time-translation symmetry." What the researchers noticed is that when they introduced "one-dimensional time-crystalline topological superconductors" they found a fascinating interaction where "time-translation symmetry breaking and topological physics intertwineyielding anomalous Floquet Majorana modes that are not possible in free-fermion systems."

Majorana fermions are particles that have their own anti-particles.

"Physicists Gil Refael and Jason Alicea explain the unique properties of electrons constrained to a 2 Dimensional world, and how they can be used to make noise-proof Quantum Computers."

The research was led by Jason Alicea and Aaron Chew from CalTech, as well as David Mross from the Weizmann Institute in Israel.

While studying Majorana fermions, the team observed that it is possible to enhance topological superconductors by coupling them to magnetic degrees of freedom that could be controlled. "Then we realized that by turning those magnetic degrees of freedom into a time crystal, topological superconductivity responds in remarkable ways," shared Alicea.

Aaron Chew (left) and David Mross (right).

Credit: Jason Alicea

One way the phenomen noticed by the scientists could be potentially exploited is to create more stable qubits - the bit of quantum information in quantum computing. The race to create qubits is at the threshold of bringing on a true quantum technology revolution, as writes Popular Mechanics.

"It's tempting to imagine generating some useful quantum operations by controlling the magnetic degrees of freedom that intertwine with the topological physics. Or perhaps certain noise channels can be suppressed by exploiting time crystals," said Alicea.

Check out their new paper in Physical Review Letters.

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Scientists discover how to use time crystals to power superconductors - Big Think

Quantum Computing Market With Four Main Geographies And Their Countries – Instant Tech News

This research study on Quantum Computing market reports offers the comparative assessment of Quantum Computing market and consist of Historical data, Significance, statistical data, size & share, Market Price & Demand, Business overview, Market Analysis By Product and Market Trends by Key Players. This Quantum Computing Market is Segmented in two type on the basis of type of materials and end-users. It has global market covered in all the regions, ranging to that fundamental market, key trends and segmentation analysis are coated throughout Quantum Computing market report.

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Segmentation:

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Quantum Computing Market 2019 Analysis by Key Players, Share, Trend, Segmentation and Forecast to 2026 – Instant Tech News

Verified Market Research recently added a research report titled, Quantum Computing Market Size and Forecast to 2026. The research report represents the potential growth opportunities that prevail within the global market. The report is analyzed on the idea of secondary research methodologies acquired from historic and forecast data. The Quantum Computing market is expected to grow substantially and thrive in terms of volume and value during the forecast period. The report will provide an insight into the growth opportunities and restraints that construct the market. Readers can gain meaningful comprehension about the future of the market.

Global Quantum Computing Market was valued at USD 89.35 million in 2016 and is projected to reach USD 948.82 million by 2025, growing at a CAGR of 30.02% from 2017 to 2025.

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Top 10 Companies in the Quantum Computing Market Research Report:

QC Ware Corp., D-Wave Systems, Cambridge Quantum Computing, IBM Corporation, Magiq Technologies, Qxbranch, Research at Google Google, Rigetti Computing, Station Q Microsoft Corporation, 1qb Information Technologies

Competitive Landscape

The insightful research report on the Quantum Computing market includes Porters five forces analysis and SWOT analysis to understand the factors impacting consumer and supplier behavior. It helps the reader understand the strategies and collaborations that players are that specialize in combat competition within the market. The comprehensive report provides a big microscopic check out the market. The reader can identify the footprints of the manufacturers by knowing about the worldwide revenue of manufacturers, the worldwide price of manufacturers, and production by manufacturers during the forecast period of 2015 to 2019.

Global Quantum Computing Market: Drivers and Restraints

The report offers underlying drivers that compel the consumers to take a position within the products and services. The detailed information assists readers in understanding the requirements of consumer demands. The report provides drivers at the local and global levels to assist determine the economic process . This information will help readers decide potential strategies that can help them stay ahead in the competitive industry.

Restraints provided in this section of the report contrasts the drivers segment as it explains the factors that can hamper the growth of the Quantum Computing market during the forecast period. Restraints play a pivotal role in the global and regional market as it bends the prospective opportunities in the market. Readers can weigh and asses the drivers and restraints before making any investments or strategies.

Global Quantum Computing Market: Segment Analysis

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Global Quantum Computing Market: Regional Analysis

This section of the report provides detailed information about each region and how numerous factors of that particular region affect the growth of the Quantum Computing market. The government policies, weather, politics, and other factors determine the longer term of the market differently in each region. The major regions covered in the report include North America, Europe, Asia Pacific, the Middle East, and Africa, and others.

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Table of Content

1 Introduction of Quantum Computing Market

1.1 Overview of the Market1.2 Scope of Report1.3 Assumptions

2 Executive Summary

3 Research Methodology of Verified Market Research

3.1 Data Mining3.2 Validation3.3 Primary Interviews3.4 List of Data Sources

4 Quantum Computing Market Outlook

4.1 Overview4.2 Market Dynamics4.2.1 Drivers4.2.2 Restraints4.2.3 Opportunities4.3 Porters Five Force Model4.4 Value Chain Analysis

5 Quantum Computing Market, By Deployment Model

5.1 Overview

6 Quantum Computing Market, By Solution

6.1 Overview

7 Quantum Computing Market, By Vertical

7.1 Overview

8 Quantum Computing Market, By Geography

8.1 Overview8.2 North America8.2.1 U.S.8.2.2 Canada8.2.3 Mexico8.3 Europe8.3.1 Germany8.3.2 U.K.8.3.3 France8.3.4 Rest of Europe8.4 Asia Pacific8.4.1 China8.4.2 Japan8.4.3 India8.4.4 Rest of Asia Pacific8.5 Rest of the World8.5.1 Latin America8.5.2 Middle East

9 Quantum Computing Market Competitive Landscape

9.1 Overview9.2 Company Market Ranking9.3 Key Development Strategies

10 Company Profiles

10.1.1 Overview10.1.2 Financial Performance10.1.3 Product Outlook10.1.4 Key Developments

11 Appendix

11.1 Related Research

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Quantum Computing Market 2019 Analysis by Key Players, Share, Trend, Segmentation and Forecast to 2026 - Instant Tech News