Sources: IBM is buying Polar Security for $60M to bolster its tech in cloud data management

Sources: IBM is buying Polar Security for $60M to bolster its tech in cloud data management

Cyber startups continue to get scooped up by bigger tech players looking to bolt on newer and better technology to address an ever-growing array of security vulnerabilities among themselves and their customers. In the latest development, TechCrunch has learned that IBM has acquired Polar Security, a startup founded in Israel that has built a platform […]

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IBM unveils its 433 qubit Osprey quantum computer

IBM unveils its 433 qubit Osprey quantum computer

IBM wants to scale up its quantum computers to over 4,000 qubits by 2025 — but we’re not quite there yet. For now, we have to make do with significantly smaller systems and today, IBM announced the launch of its Osprey quantum processor, which features 433 qubits, up from the 127 qubits of its 2021 […]

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LG Electronics launches NFT platform that lets users buy and sell digital artwork

LG Electronics launches NFT platform that lets users buy and sell digital artwork

LG Electronics said today it has released its non-fungible token (NFT) platform LG Art Lab, which lets users discover, buy, sell and trade NFTs on LG’s smart TVs. The announcement comes roughly eight months after LG Electronics said at its press conference that it plans to incorporate NFT features into its smart TV. The platform […]

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New Red Hat CEO looks to keep things steady while putting own mark on company

New Red Hat CEO looks to keep things steady while putting own mark on company

Red Hat promoted 16-year veteran Matt Hicks, who says he will for the most part continue on the path of former CEO Paul Cormier.

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What downturn? Investors remain bullish on HR tech as the Great Resignation slows

What downturn? Investors remain bullish on HR tech as the Great Resignation slows

HR tech platforms are still getting a lot of investor attention despite headwinds at the macroeconomic level that have the potential to affect their sales.

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IBM hopes a new error mitigation technique will help it get to quantum advantage

IBM hopes a new error mitigation technique will help it get to quantum advantage

It felt like for a long time, the quantum computing industry avoided talking about “quantum advantage” or “quantum supremacy,” the point where quantum computers can solve problems that would simply take too long to solve on classical computers. To some degree, that’s because the industry wanted to avoid the hype that comes with that, but […]

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SingleStore raises additional cash to grow its database business

SingleStore raises additional cash to grow its database business

SingleStore, a provider of databases for cloud and on-premises apps and analytical systems, today announced that it raised $116 million in an extension of its Series F. The new cash brings the company’s total raised to $382 million at “unicorn status” (i.e., a valuation of $1 billion or more post-money), which CEO Raj Verma says […]

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IBM acquires Databand to bolster its data observability stack

IBM acquires Databand to bolster its data observability stack

IBM today announced that it acquired Databand, a startup developing an observability platform for data and machine learning pipelines. Details of the deal weren’t disclosed, but Tel Aviv-based Databand had raised $14.5 million prior to the acquisition. Databand employees will join IBM’s data and AI division, with the purchase expected to close on July 27. […]

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Maybell Quantum’s Icebox is a small fridge for large quantum computers

Maybell Quantum’s Icebox is a small fridge for large quantum computers

Maybell Quantum, a Denver-based startup that plans to build hardware for the budding quantum computing ecosystem, is coming out of stealth today and launching Icebox. As the name implies, Icebox is a cryogenic platform to cool quantum processors down to the very low temperatures it takes to run a stable quantum system. Traditionally, these are […]

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What security pros need to know from Black Hat & Def Con 2019

What security pros need to know from Black Hat & Def Con 2019

Black Hat and Def Con came and went as quickly as it ever does. The week-long pair of back-to-back conferences, referred to as “hacker summer camp,” draws in the security crowd from across the world onto Las Vegas, where startups tout their technologies as hackers and researchers reveal their findings. This year we saw ordinary-looking […]

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