Abu Dhabi professor wins US patent for hybrid
device set to advance quantum computing field January 12, 2021
Abu Dhabi University’s (ADU) Associate Professor of Electrical Engineering in the College of Engineering (CoE), Dr. Montasir Qasymeh, has received a United States patent registered under 10,824,048 B2 to develop a first-of-its-kind device that will be capable of connecting superconducting quantum computers over significant distances. WAM photo
ABU DHABI Abu Dhabi University’s (ADU) Associate Professor of Electrical Engineering in the College of Engineering (CoE), Dr. Montasir Qasymeh, has received a United States patent registered under 10,824,048 B2 to develop a first-of-its-kind device that will be capable of connecting superconducting quantum computers over significant distances.
Updated Jan. 12, 2021 10:52 am ET Zoom Video Communications Inc. plans to raise $1.5 billion through what would be its largest stock offering since its trading debut in 2019.
The San Jose, Calif.-based company, whose videoconferencing platform has become a pandemic essential, on Tuesday also said it expects to grant its underwriter a 30-day option to buy up to an additional $225 million of Class A shares at the public offering price, less underwriting discounts and commissions.
Founded in 2011, Zoom raised $447.9 million in net proceeds through its initial public offering, according to one of its quarterly filings in 2019. Its shares rose 0.4% Tuesday and have surged over the past year as homebound workers and students have been using the company’s services during the coronavirus pandemic.
| UPDATED: 15:43, Wed, Jan 13, 2021
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News concerning WhatsApp’s update regarding data-sharing procedures with Facebook has left some of the platform s users a little worried. There is a wide-spread perception the February 8 update will require an exchange of potentially sensitive data between WhatsApp and Facebook.
As lockdowns upend retail, Best Buy s new chief tells CES attendees that taking care of customers and employees is more important than short-term profit.
Analysts say cyber-security stocks’ gains can continue. Dreamstime
Security stocks had a huge run in 2020, with an extra boost from the end-of-the-year revelation of the “Sunburst” hack attack on software company SolarWinds that left almost 18,000 of their customers vulnerable.
Analysts see further gains ahead in 2021, as the attack drives some companies to prioritize spending on detection, preventing and addressing cyber-security issues. Wall Street has been ratcheting up its estimates, stock ratings and price targets in response. On Tuesday, two more analysts joined the bullish chorus.
D.A. Davidson analyst Andrew Nowinski on Tuesday upgraded both
Fortinet (FTNT) to Buy from Neutral. He raised his share-price targets to $180 from $100 on CyberArk, and to $170 from $130 on Fortinet.