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Key progressive calls for bipartisan infrastructure talks to end | TheHill – The Hill

Rep. Pramila JayapalPramila JayapalHouse Democrats push Garland for immigration court reforms Progressives rally behind Omar while accusing her critics of bias Bipartisan talks sow division among Democrats MORE (D-Wash.), the chairwoman of the Congressional Progressive Caucus, says bipartisan infrastructure talks are proving to be a waste of time and urged Democratic leaders to move forward with a reconciliation bill that doesnt need Republican votes to pass.

In case it wasnt clear already, it certainly is now: Republicans are not going to do what needs to be done for working families. It would be foolish to think that Republican senators will suddenly go against [Senate Majority] Leader [Mitch] McConnells [R-Ky.] goal of dedicating 100 percent of his energy toward blocking President BidenJoe BidenJill Biden, Kate Middleton to meet this week Al Gore lobbied Biden to not scale back climate plans in infrastructure deal White House briefed on bipartisan infrastructure deal but says questions remain MOREs agenda, she said in a statement.

Jayapal urged the Senate and House to immediately begin working on budget resolutions to pass the American Jobs and Families Plan through reconciliation so we can deliver on our promises.

She issued her statement shortly after President Biden suspended his weeks-long negotiation with Sen. Shelley Moore CapitoShelley Wellons Moore CapitoAl Gore lobbied Biden to not scale back climate plans in infrastructure deal White House briefed on bipartisan infrastructure deal but says questions remain Bipartisan Senate group announces infrastructure deal MORE (R-W.Va.) on a bipartisan infrastructure package that would cost less than Bidens $2.25 trillion American Jobs Plan.

Now a group of Democratic and Republican moderates in the Senate are trying to step in and craft their own bipartisan deal, which would be in the ballpark of $880 billion, significantly less than what Biden says he wants.

And on Tuesday the House Problem Solvers Caucus proposed a $762 billion infrastructure spending plan.

But Jayapal says Congress needs to pass a far larger package than what the moderates are discussing.

President Biden has laid out a big, bold vision, and it is urgent. The next step is clear: lets do what the people are demanding. Lets go big, bold and fast, she said.

In a red flag for progressives, Sen. Mitt RomneyWillard (Mitt) Mitt RomneyWhite House briefed on bipartisan infrastructure deal but says questions remain On The Money: Consumer prices jumped 5 percent annually in May | GOP senators say bipartisan group has infrastructure deal Bipartisan Senate group announces infrastructure deal MORE (R-Utah) has told reporters that any bipartisan deal would not raise taxes and instead rely on increasing user fees and other strategies to raise revenue.

Sen. Jon TesterJonathan (Jon) TesterBipartisan Senate group announces infrastructure deal 'The era of bipartisanship is over': Senate hits rough patch On The Money: Bipartisan Senate group rules out tax hikes on infrastructure | New report reignites push for wealth tax MORE (Mont.), a moderate Democrat in the talks, confirmed that this is the position of Romney, but suggested a deal could be found.

I think theres ways to do that. Hopefully it wont be smoke and mirrors. Bottom line, this is probably the toughest part about this from my perspective, is how you get a pay-for, he said, referring to finding a way to offset the cost of hundreds of billions of dollars in new infrastructure spending without raising taxes.

Many Democrats, including Senate Finance Committee Chairman Ron WydenRonald (Ron) Lee WydenSenate panel advances nominations for key Treasury positions Overnight Health Care: US to donate 500 million Pfizer doses to other countries: reports | GOP's attacks on Fauci at center of pandemic message | Federal appeals court blocks Missouri abortion ban New report reignites push for wealth tax MORE (Ore.), however, say its imperative that corporations foot a big part of the cost of infrastructure investment by paying higher taxes.

Jayapal argues the more time spent on bipartisan negotiations means the longer Congress will go without passing a significant infrastructure investment bill.

Every day that is wasted trying to get Republicans on board is another day that people cant go back to work because they dont have child care; another day without investing in millions of good, union jobs, another day that we lose further ground on the climate crisis, she said. Further delays jeopardize momentum and allow Republicans to block progress for the American people with no end in sight.

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Key progressive calls for bipartisan infrastructure talks to end | TheHill - The Hill

Honeywell Takes Quantum Leap. The Apple of Quantum Computing Is Here. – Barron’s

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Honeywell International and Cambridge Quantum Computing are merging their fledgling quantum-computing businesses into a stand-alone company, signaling that quantum computing is just about ready for prime time.

The deal, essentially, combines Honeywells (ticker: HON) quantum hardware expertise with privately held Cambridges software and algorithms. It is as if the two had formed the Apple (AAPL) of the quantum computing world, in that Apple makes hardware, operating systems, and software applications.

This is an inflection point company that will drive the future of quantum computing, said Tony Uttley, currently the president of Honeywells quantum business. He will be president of the new company.

Honeywell says quantum computing can be a trillion-dollar-a-year industry some day, just like smartphones, although for now, the smartphone market is some 2,000 times bigger. Moving now, at the point before the gap begins to close, could be a win.

We are at a [industry] phase where people are looking to hear more about practical quantum use cases and investors want to know if this is investible, said Daniel Newman, founder of Futurum, a research and advisory firm focused on digital innovation and market-disrupting technologies.

This deal will speed the process of investor education. The new business is targeting $1 billion in annual revenue in the next two to four years. Wed be disappointed if we were only at a billion in a few years, said Ilyas Khan, Cambridges CEO and founder. He will be CEO of the new company, which he said will decide whether to pursue an initial public offering by the end of the year.

A name for the business has yet to be chosen.

The new company plans to have commercial products as soon as late 2021. The initial offerings will be in web security, with products such as unhackable passwords. Down the road, there are commercial applications in chemicals and drug development.

In terms of sheer brainpower the new enterprise is impressive. It will have about 350 employees, including 200 scientists, 120 of them with doctorate degrees.

The company will start off with a cash injection of about $300 million from Honeywell. The industrial giant will own about 54% of the new company for contributing its cash and technology.

Honeywell stock isnt reacting to the news. Quantum computing is still too small to move the needle for a $160 billion conglomerate. Shares were down slightly in early Tuesday trading, similar to moves in the S&P 500 and Dow Jones Industrial Average.

Year to date, Honeywell stock has gained 7%.

Write to Al Root at allen.root@dowjones.com

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Honeywell Takes Quantum Leap. The Apple of Quantum Computing Is Here. - Barron's

BBVA and Zapata Computing Release Study Showing the Potential to Speed Up Monte Carlo Calculations for – GlobeNewswire

The research proposes novel circuit designs that significantly reduce the resources needed to gain a quantum advantage in derivative pricing calculations

BOSTON, June 09, 2021 (GLOBE NEWSWIRE) -- Zapata Computing, a leading enterprise software company for quantum-classical applications, today announced the results of a research project conducted with the global bank BBVA. The projects aim was to identify challenges and opportunities for quantum algorithms to speed up Monte Carlo simulations in finance. Monte Carlo simulations are commonly used for credit valuation adjustment (CVA) and derivative pricing. The research proposes novel circuit designs that significantly reduce the resources needed to gain a practical quantum advantage in derivative calculations, taking years off the projected timeline for the day when financial institutions can generate real value from quantum computers.

Fueled by regulatory pressure to minimize systemic financial risk since the global financial crisis of 2008, banks and other financial institutions have been increasingly focused on accounting for credit risk in derivative pricing. In the US, similar regulation exists to stress-test financial scenarios for Comprehensive Capital Analysis andReview (CCAR) and Dodd-Frank compliance. Monte Carlo simulation is the standard approach for this type of risk analysis, but the calculations required which must account for all possible credit default scenarios are immensely complex and prohibitively time-consuming for classical computers. Zapata and BBVAs research reveals practical ways for quantum algorithms to speed up the Monte Carlo simulation process.

Our innovative approach to quantum-accelerated Monte Carlo methods uses a novel form of amplitude estimation, combined with additional improvements that make the quantum circuit much shallower, in some cases hundreds of times shallower than the well-known alternatives in the literature, said Yudong Cao, CTO and founder of Zapata Computing. This approach reduces the time needed for a quantum computer to complete the CVA calculation by orders of magnitude, and also dramatically reduces the number of qubits needed to gain a quantum advantage over classical methods. Zapata highlights that, in their enterprise customer collaborations, they perform in-depth studies of how much quantum computing resource will be required to obtain practical benefit for business operations. This type of in-depth research can directly inform the hardware specifications needed for quantum advantage in specific use cases.

Improving the performance of these calculations in realistic settings will have a direct impact on the technological resources and costs required for financial risk management, said Andrea Cadarso, BBVA Mexicos Team Lead for Quantitative & Business Solutions. The implications of this research are not limited to CVA calculations. We intend to extend our approach to other applications in quantitative finance, where Monte Carlo simulations are widely used for everything from policy making and risk assessment to financial product pricing calculations.

The BBVA-Zapata Computing joint publication is the result of one in a series of research initiatives thatBBVA Research & Patents launched in 2019. These projects, conducted in partnership with leading institutions and companies including Spanish National Research Council, Multiverse, Fujitsu and Accenture, explore the potential advantages of applying quantum computing in the financial sector.

Escolstico Snchez, leader of the Research & Patents discipline at BBVA, emphasized BBVA's intention to continue exploring this cutting-edge technology: BBVA is fully committed to its work in the quantum area. The bank has assembled a quantum team and is getting professionals from different areas involved in the development of a set of quantum solutions that meet the bank's needs.

About Zapata ComputingZapata Computing, Inc. builds quantum-ready applications for enterprise deployment using our flagship product Orquestra. Zapata has pioneered a new quantum-classical development and deployment paradigm that focuses on a range of use cases, including ML, optimization and simulation. Orquestra integrates best-in-class quantum and classical technologies including Zapatas leading-edge algorithms, open-source libraries in Python, and more. Zapata partners closely with hardware providers across the quantum ecosystem such as Amazon, Google, Honeywell, IBM, IonQ, Microsoft and Rigetti. Investors in Zapata include Comcast Ventures, BASF Venture Capital, Honeywell Ventures, Itochu Corporation, Merck Global Health and Robert Bosch Venture Capital.

Media Contact:Anya NelsonScratch Marketing + Media for Zapata Computinganyan@scratchmm.com617.817.6559

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BBVA and Zapata Computing Release Study Showing the Potential to Speed Up Monte Carlo Calculations for - GlobeNewswire

Greenville marketing agency talks internet cookies and what to know before you click – WSPA 7News

GREENVILLE, S.C. (WSPA) We all surf the web daily and struggle with the same pop up question on our screens: should I accept cookies?

Strategic marketing agency STORY in Greenville explains that an internet cookie is a small block of data put on a users computer. Cookies are a way for advertisers to track what you click on, STORY Founder and CEO Ben Pettit said.

Agencies are looking for information like your age, sex, what you click on and how they can send you a link to make you buy items, some of which you dont need.

Pettit said if the website is asking you to accept cookies and you often visit the site then accepting cookies might be ok. One example, it could help you to not have to sign in multiple times.

Your information, however, could be sold to large agencies looking to use your data for their benefit.

To learn more visit click here and follow Pettits blog.

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Greenville marketing agency talks internet cookies and what to know before you click - WSPA 7News

Internet of things (IoT) in Healthcare Market to Exhibit Astonishing 25.9% CAGR by 2028 – GlobeNewswire

Pune, India, June 07, 2021 (GLOBE NEWSWIRE) -- The global internet of things (IoT) in healthcare market size is expected to experience significant growth by reaching USD 446.52 billion by 2028 while exhibiting an astounding CAGR of 25.9% between 2021 and 2028. This information is published by Fortune Business Insights in its report, titled Internet of things (IoT) in Healthcare Market Size, Share & COVID-19 Impact Analysis, By Component (Devices, Software, and Services), By Application (Telemedicine, Patient Monitoring, Operations and Workflow Management, Remote Scanning, Sample Management, and Others), By End-User (Laboratory Research, Hospitals, Clinics, and Others), and Regional Forecast, 2021-2028. The report further mentions that the market stood at USD 71.84 billion in 2020. Factors such as the growing awareness regarding self-health monitoring and the evolving healthcare infrastructure are expected to boost the demand for the product worldwide.

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Market Exhibited 24.1% Growth Rate in 2020 amid COVID-19

The surging number of patients for diagnosis and detection of the novel coronavirus overwhelmed the healthcare settings globally. Owing to the sudden influx, the healthcare sector focused on adopting modern means to ensure reduced downtime for screening and testing of patients. Several hospitals and diagnostic centers started adopting IoT-based systems. For instance, according to the World Health Organization (WHO), in 2020, medical staff and patients in Wuhan, China, started adopting Cloud-Minds AI-synched smart medical devices consisting of rings and bracelets. This led to the market exhibiting a growth rate of 24.1% in 2020.

Market Segmentation:

Based on the component, the market is trifurcated into devices, software, and services. On the basis of application, the market is divided into telemedicine, patient monitoring, operations and workflow management, remote scanning, sample management, and others. Moreover, based on the end-user, the market is segmented into laboratory research, hospitals, clinics, and others.

Lastly, based on region, the market is categorized into Asia-Pacific, North America, Europe, the Middle East and Africa, and Latin America.

What does the Report Include?

The global market for internet of things (IoT) in healthcare report includes a detailed analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, which are contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies by them to introduce new products, announce partnerships, and collaboration that will further contribute to the market growth between 2021 and 2028. Moreover, the research analyst has adopted several research methodologies such as PESTEL and SWOT analysis to obtain information about the current trends and industry developments that will drive the market growth in the forthcoming years.

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DRIVING FACTORS

Increasing Focus on Self-Health Monitoring to Promote Growth

The increasing awareness regarding fitness and health is leading to the demand for self-health management techniques. This has surged the demand for several medical wearable devices globally as people can easily access and monitor their health at any given time. Moreover, several manufacturers are focusing on introducing advanced monitoring devices to cater to the growing consumer demand. This is expected to favor the global internet of things (IoT) in healthcare market growth in the forthcoming years.

REGIONAL INSIGHTS

Asia-Pacific- The region is expected to remain at the forefront and hold the highest position in the market during the forecast period. This is due to the presence of a large population and the rising investment in digital technology in the healthcare sector in the region. Asia-Pacific stood at USD 28.46 billion in 2020.

Latin America The region is expected to experience considerable growth backed by the increasing focus on developing healthcare settings. For instance, February 2020, several Brazilian Ministries such as innovation, healthcare, and technology collaborated to integrate the internet of things (IoT) in healthcare schemes for the betterment of patients.

COMPETITIVE LANDSCAPE:

Product Innovation by Key Players to Strengthen Their Market Positions

The market is segmented into several major companies striving to maintain their dominance by introducing advanced IoT in healthcare solutions to cater to the growing demand from patients worldwide. Additionally, the adoption of strategies such as merger and acquisition, collaboration, and partnership by other key players is expected to boost market growth during the forecast period.

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Industry Development:

List of the Companies Operating in the Global Market for Internet of things in Healthcare:

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Internet of things (IoT) in Healthcare Market to Exhibit Astonishing 25.9% CAGR by 2028 - GlobeNewswire