Diraq, a pioneer in silicon-based quantum computing, has appointed Scott A. McGregor, former Broadcom CEO, as Chairman of the Board to support its US expansion and product launch by 2029. McGregor's semiconductor expertise aligns with Diraq's goal to deliver scalable, economical quantum computers capable of outperforming supercomputers in finance, health, and energy. The company has strong partnerships with Nvidia, Dell, and Global Foundries and secured a $38 million Letter of Intent from the U.S. Department of Commerce. Diraq aims to commercialize quantum computing systems globally using existing semiconductor manufacturing processes.
The global airline industry faces a $100 billion increase in jet fuel costs due to a Middle East conflict, threatening its post-pandemic recovery. Fuel prices surged over 100% in March, forcing airlines to cut less profitable routes and causing major...
Pfizer reported that its obesity drug berobenatide achieved a 15.9% weight loss in a Phase 2b study without placebo adjustment. The pivotal Phase 3 trial for berobenatide is now open for enrollment, aiming to strengthen Pfizer's position in obesity t...
GE Aerospace announced a collaboration with Wolfspeed to develop high-voltage silicon carbide power modules, aiming to enhance efficiency in aerospace and defense sectors. This partnership aligns with U.S. government priorities to accelerate critical...
Sportradar shares rose sharply after announcing a multi-year global partnership with Kalshi, the world's largest prediction market. This deal expands Sportradar's role as a key data provider across major sports leagues like MLB and NHL, enhancing tra...
The United Steelworkers union supports a new bill introduced by the NDP to close a loophole in Canada's federal anti-strikebreaker law. This loophole allows employers to use outside managers as replacement workers during strikes, undermining the righ...
