Pepsi promises a free Zero Sugar to everyone in US if either Super Bowl team’s final score ends in zero

Cans of PepsiCo Inc. Pepsi brand Zero Sugar soda are displayed for an arranged photograph taken in Tiskilwa, Illinois, on Wednesday, April 17, 2019. PepsiCo announced Wednesday it will give everyone in the U.S. a free Pepsi Zero Sugar if the final score of either of this year’s Super Bowl teams ends in a zero. It said that in 25% of previous Super Bowl games, at least one team finished with a score ending in zero. The offer is part of a campaign the soft drink company is rolling out, which inclu


Cans of PepsiCo Inc. Pepsi brand Zero Sugar soda are displayed for an arranged photograph taken in Tiskilwa, Illinois, on Wednesday, April 17, 2019.
PepsiCo announced Wednesday it will give everyone in the U.S. a free Pepsi Zero Sugar if the final score of either of this year’s Super Bowl teams ends in a zero.
It said that in 25% of previous Super Bowl games, at least one team finished with a score ending in zero.
The offer is part of a campaign the soft drink company is rolling out, which inclu
Pepsi promises a free Zero Sugar to everyone in US if either Super Bowl team’s final score ends in zero Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-15  Authors: sunny kim
Keywords: news, cnbc, companies, company, soda, teams, final, score, promises, press, sugar, ends, bowl, zerothe, pepsi, zero, super, free


Pepsi promises a free Zero Sugar to everyone in US if either Super Bowl team's final score ends in zero

Cans of PepsiCo Inc. Pepsi brand Zero Sugar soda are displayed for an arranged photograph taken in Tiskilwa, Illinois, on Wednesday, April 17, 2019.

PepsiCo announced Wednesday it will give everyone in the U.S. a free Pepsi Zero Sugar if the final score of either of this year’s Super Bowl teams ends in a zero.

The company said in a press release that if such a score results, it will refund the price of the drink, up to $2.50, to anyone in the U.S. who purchases it from Feb. 2-4. It said that in 25% of previous Super Bowl games, at least one team finished with a score ending in zero.

The offer is part of a campaign the soft drink company is rolling out, which includes a new design.

“[W]e are going “all in” on Pepsi Zero Sugar this year and have created a bold, unapologetic new look to match its great taste, with a new matte black can and a black tab that will stand out anywhere,” Todd Kaplan, Pepsi’s vice president of marketing, said in the press release.

Jennifer Lopez and Shakira will perform for the Pepsi Super Bowl 54 halftime show on Feb. 2 at the Hard Rock Stadium in Miami Gardens, Florida.

The company released PepsiCafe last month, a coffee-cola beverage similar to Coca-Cola’s Coke Plus Coffee. The reintroduction of coffee-cola drinks comes as U.S. soda consumption continues to decline annually.

Shares of Pepsi are up about 1.9% so far year. Coke’s stock has risen nearly 2.4% so far this year.


Company: cnbc, Activity: cnbc, Date: 2020-01-15  Authors: sunny kim
Keywords: news, cnbc, companies, company, soda, teams, final, score, promises, press, sugar, ends, bowl, zerothe, pepsi, zero, super, free


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Low-fee pioneer Vanguard finally joins the crowd by dropping stock commissions to zero

Low-cost investing pioneer Vanguard has finally followed other peer brokerage firms in eliminating stock commissions entirely. Charles Schwab was the first major broker to give investors zero-commission online trades, pressuring rivals to follow suit. Schwab announced on Oct. 1 that commissions would go from $4.95 for online trading of stocks and ETFs to zero. Vanguard helped revolutionize the investment business by keeping costs as low as possible, an idea pushed by founder Jack Bogle. In addit


Low-cost investing pioneer Vanguard has finally followed other peer brokerage firms in eliminating stock commissions entirely.
Charles Schwab was the first major broker to give investors zero-commission online trades, pressuring rivals to follow suit.
Schwab announced on Oct. 1 that commissions would go from $4.95 for online trading of stocks and ETFs to zero.
Vanguard helped revolutionize the investment business by keeping costs as low as possible, an idea pushed by founder Jack Bogle.
In addit
Low-fee pioneer Vanguard finally joins the crowd by dropping stock commissions to zero Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2020-01-02  Authors: elly cosgrove
Keywords: news, cnbc, companies, crowd, zero, dropping, commissions, online, finally, eliminating, vanguards, brokerage, stock, vanguard, lowfee, investors, joins, cost, investment, pioneer


Low-fee pioneer Vanguard finally joins the crowd by dropping stock commissions to zero

Low-cost investing pioneer Vanguard has finally followed other peer brokerage firms in eliminating stock commissions entirely.

Charles Schwab was the first major broker to give investors zero-commission online trades, pressuring rivals to follow suit. Schwab announced on Oct. 1 that commissions would go from $4.95 for online trading of stocks and ETFs to zero. TD Ameritrade and ETrade quickly matched Schwab’s move, and Fidelity followed a week later.

This move expands Vanguard’s commission-free platform, which has included mutual funds since 1977 and nearly every ETF in the industry since 2018, a company release said.

Vanguard helped revolutionize the investment business by keeping costs as low as possible, an idea pushed by founder Jack Bogle. Bogle started Vanguard in 1975 under the name First Index Investment Trust and retired as Vanguard’s chairman and CEO in 1996.

Given its history, Vanguard’s announcement on Thursday is unsurprising, as lowering the cost of investing is “business as usual for Vanguard,” said Karin Risi, managing director of Vanguard’s retail investor group, in the release.

“For 45 years, we’ve been dedicated to lowering the cost of index and active funds, ETFs, advice, and brokerage services to help investors achieve better outcomes,” Risi said.

As the investment industry continues to move toward eliminating fees, Vanguard said it encourages investors to “look beyond commissions and consider the all-in cost of their brokerage relationships, including fees, expenses, and opportunity costs.”

In addition to eliminating stock commissions, Vanguard also announced that it has updated its online experience and redesigned its mobile app.


Company: cnbc, Activity: cnbc, Date: 2020-01-02  Authors: elly cosgrove
Keywords: news, cnbc, companies, crowd, zero, dropping, commissions, online, finally, eliminating, vanguards, brokerage, stock, vanguard, lowfee, investors, joins, cost, investment, pioneer


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Swedish central bank ends five years of negative rates with hike to zero

Sweden’s central bank hiked its benchmark repo rate by a quarter point to zero as expected on Thursday, defying a slowdown in the economy and global uncertainty to draw a line under five years with negative interest rates. The hike from -0.25% means the Riksbank becomes the first central bank to inch its way back up to what was long considered the floor for interest rates. “The Riksbank assesses that conditions are good for inflation to remain close to the target going forward,” the central bank


Sweden’s central bank hiked its benchmark repo rate by a quarter point to zero as expected on Thursday, defying a slowdown in the economy and global uncertainty to draw a line under five years with negative interest rates.
The hike from -0.25% means the Riksbank becomes the first central bank to inch its way back up to what was long considered the floor for interest rates.
“The Riksbank assesses that conditions are good for inflation to remain close to the target going forward,” the central bank
Swedish central bank ends five years of negative rates with hike to zero Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-12-19
Keywords: news, cnbc, companies, rate, rates, swedish, riksbank, negative, interest, line, hike, bank, ends, remain, central, zero, repo


Swedish central bank ends five years of negative rates with hike to zero

Stefan Ingves, governor of the Sveriges Riksbank and chairman of the Basel Committee, pauses during a Basel III capital rules news conference at the European Central Bank (ECB) headquarters in Frankfurt, Germany, on Thursday, Dec. 7, 2017.

Sweden’s central bank hiked its benchmark repo rate by a quarter point to zero as expected on Thursday, defying a slowdown in the economy and global uncertainty to draw a line under five years with negative interest rates.

The hike from -0.25% means the Riksbank becomes the first central bank to inch its way back up to what was long considered the floor for interest rates.

Rates are still negative in the euro zone, Japan, Denmark, Switzerland and Hungary.

“The Riksbank assesses that conditions are good for inflation to remain close to the target going forward,” the central bank said in a statement.

“Therefore, in line with the assessment in October, the Executive Board has decided to raise the repo rate from -0.25 percent to zero percent.”

The central bank as before said it expected the repo rate would remain unchanged through 2021.

All but one analyst in a Reuters poll forecast a hike.

The Swedish crown was slightly stronger against the euro after the decision.


Company: cnbc, Activity: cnbc, Date: 2019-12-19
Keywords: news, cnbc, companies, rate, rates, swedish, riksbank, negative, interest, line, hike, bank, ends, remain, central, zero, repo


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‘We have a little fetish’: Merkel’s party plays with sexual innuendo on solid German finances

German Chancellor Angela Merkel’s ruling conservative party might seem like the unlikely source of sexual innuendo but the Christian Democratic Union (CDU) revealed on Thursday that it “has a little fetish” — “solid finances.” Taking to Twitter on Thursday, the CDU said, according to a CNBC translation: “Yes, we have to admit, we have a little fetish: Solid finances with no new debt! Within the tweet, the CDU had a picture of a black zero wearing an dominatrix-style hat. Even Merkel’s ally, Fren


German Chancellor Angela Merkel’s ruling conservative party might seem like the unlikely source of sexual innuendo but the Christian Democratic Union (CDU) revealed on Thursday that it “has a little fetish” — “solid finances.”
Taking to Twitter on Thursday, the CDU said, according to a CNBC translation: “Yes, we have to admit, we have a little fetish: Solid finances with no new debt!
Within the tweet, the CDU had a picture of a black zero wearing an dominatrix-style hat.
Even Merkel’s ally, Fren
‘We have a little fetish’: Merkel’s party plays with sexual innuendo on solid German finances Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-28  Authors: holly ellyatt
Keywords: news, cnbc, companies, finances, sexual, cdu, fetish, solid, plays, zero, surplus, innuendo, policy, budget, little, black, party, german, merkels


'We have a little fetish': Merkel's party plays with sexual innuendo on solid German finances

German Chancellor Angela Merkel’s ruling conservative party might seem like the unlikely source of sexual innuendo but the Christian Democratic Union (CDU) revealed on Thursday that it “has a little fetish” — “solid finances.”

Taking to Twitter on Thursday, the CDU said, according to a CNBC translation: “Yes, we have to admit, we have a little fetish: Solid finances with no new debt! That is practicing generational fairness. And the best way to invest in the future. We consider both sides. And our household shows: Pursuing both works!”

Within the tweet, the CDU had a picture of a black zero wearing an dominatrix-style hat. The “black zero” (or “schwarze Null”) is widely known for being the name of the government’s policy (and some see it as an obsession) of maintaining a balanced budget and not incurring any new debt.

It might not seem like everyone’s idea of fun but Germany, Europe’s largest economy, certainly has a long-standing penchant for fiscal prudence. The CDU has enshrined this in government policies, despite pressure from opposition parties to spend more with the country narrowly avoiding a technical recession twice this year.

The latest growth data released earlier in November showed the economy grew just 0.1% in the third quarter. Even Merkel’s ally, French President Emmanuel Macron, accused Germany of having a “budget fetish” earlier this year.

Germany has maintained a budget surplus (when revenues outweigh spending) since 2014 and it registered a record budget surplus of 58 billion euros ($65 billion) in 2018.

Annegret Kramp-Karrenbauer, the leader of the CDU (though Merkel remains Germany’s leader), said at a news conference in August that “the black zero, as an expression of finance policy solidity, is an indispensable principle for us.”


Company: cnbc, Activity: cnbc, Date: 2019-11-28  Authors: holly ellyatt
Keywords: news, cnbc, companies, finances, sexual, cdu, fetish, solid, plays, zero, surplus, innuendo, policy, budget, little, black, party, german, merkels


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Economic growth is close to zero for the fourth quarter, according to Fed gauges

An assembly line worker works on the production line at Midwest Automotive Designs in Bristol, Indiana, April 16, 2019. The U.S. economy will barely grow at all in the fourth quarter, if two Federal Reserve gauges that track gross domestic product are correct. With some recent data coming in below expectations, both the Atlanta and New York Fed’s trackers have lowered their expectations for the last three months of 2019. According to the Atlanta Fed’s GDPNow, growth is likely to come in at just


An assembly line worker works on the production line at Midwest Automotive Designs in Bristol, Indiana, April 16, 2019.
The U.S. economy will barely grow at all in the fourth quarter, if two Federal Reserve gauges that track gross domestic product are correct.
With some recent data coming in below expectations, both the Atlanta and New York Fed’s trackers have lowered their expectations for the last three months of 2019.
According to the Atlanta Fed’s GDPNow, growth is likely to come in at just
Economic growth is close to zero for the fourth quarter, according to Fed gauges Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-15  Authors: jeff cox
Keywords: news, cnbc, companies, close, line, zero, economic, production, quarter, according, took, week, fourth, feds, atlanta, gauges, expectations, york, recent, growth, fed


Economic growth is close to zero for the fourth quarter, according to Fed gauges

An assembly line worker works on the production line at Midwest Automotive Designs in Bristol, Indiana, April 16, 2019.

The U.S. economy will barely grow at all in the fourth quarter, if two Federal Reserve gauges that track gross domestic product are correct.

With some recent data coming in below expectations, both the Atlanta and New York Fed’s trackers have lowered their expectations for the last three months of 2019.

According to the Atlanta Fed’s GDPNow, growth is likely to come in at just 0.3%. The New York Fed’s GDP Nowcast is showing a gain of 0.4%.

Both projections have come on the heels of recent news that took down previously meager expectations to just above negative territory. Friday releases indicating lackluster retail sales and production growth took the Atlanta tracker down from 1% a week ago and the New York measure from 0.7% earlier this week and as high as 2% back in September.

Economic data has largely remained a bit better than expectations but has dipped lately compared with Wall Street estimates. The Citi Economic Surprise Index, which compares actual readings to consensus estimates, is still positive but at its lowest level since early September.


Company: cnbc, Activity: cnbc, Date: 2019-11-15  Authors: jeff cox
Keywords: news, cnbc, companies, close, line, zero, economic, production, quarter, according, took, week, fourth, feds, atlanta, gauges, expectations, york, recent, growth, fed


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Aporeto

Aporeto provides “zero trust cloud security,” which protects enterprises by requiring strict verification for every person and device trying to access their resources. The founding team brings experience from all corners of big tech, including Cisco and VMWare, and CEO Jason Schmitt is a former vice president of enterprise security products at Hewlett Packard. Disclosure: Comcast Ventures, a division of CNBC parent company Comcast, is an investor in Aporeto.


Aporeto provides “zero trust cloud security,” which protects enterprises by requiring strict verification for every person and device trying to access their resources.
The founding team brings experience from all corners of big tech, including Cisco and VMWare, and CEO Jason Schmitt is a former vice president of enterprise security products at Hewlett Packard.
Disclosure: Comcast Ventures, a division of CNBC parent company Comcast, is an investor in Aporeto.
Aporeto Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-12  Authors: cnbccom staff
Keywords: news, cnbc, companies, trying, security, vmware, verification, vice, aporeto, trust, comcast, ventures, zero


Aporeto

Aporeto provides “zero trust cloud security,” which protects enterprises by requiring strict verification for every person and device trying to access their resources. The founding team brings experience from all corners of big tech, including Cisco and VMWare, and CEO Jason Schmitt is a former vice president of enterprise security products at Hewlett Packard.

Disclosure: Comcast Ventures, a division of CNBC parent company Comcast, is an investor in Aporeto.


Company: cnbc, Activity: cnbc, Date: 2019-11-12  Authors: cnbccom staff
Keywords: news, cnbc, companies, trying, security, vmware, verification, vice, aporeto, trust, comcast, ventures, zero


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As behemoth brokerage firms go zero-commission on trades, advisors are concerned

Since robo-advisor Robinhood launched its platform offering free equity trades in 2013, other new commission-free entrants have been proliferating. More from Financial Advisor 100:CNBC FA 100 2019 list of top-rated financial advisory firmsTop-ranked advisory firms help meet their client’s financial goals’Personal touch’ will still dominate financial advice spaceSchwab CFO Peter Crawford cited those new competitors in a commentary following his company’s announcement. “We are seeing new firms try


Since robo-advisor Robinhood launched its platform offering free equity trades in 2013, other new commission-free entrants have been proliferating.
More from Financial Advisor 100:CNBC FA 100 2019 list of top-rated financial advisory firmsTop-ranked advisory firms help meet their client’s financial goals’Personal touch’ will still dominate financial advice spaceSchwab CFO Peter Crawford cited those new competitors in a commentary following his company’s announcement.
“We are seeing new firms try
As behemoth brokerage firms go zero-commission on trades, advisors are concerned Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-11-06  Authors: andrew osterland
Keywords: news, cnbc, companies, young, brokerage, firm, zero, free, commissions, firms, advisory, behemoth, platform, advisors, clients, trades, concerned, financial, zerocommission


As behemoth brokerage firms go zero-commission on trades, advisors are concerned

There may be no free lunch in the financial services industry, but there is now free trading of stocks, exchange-traded funds and options.

Charles Schwab announced on Oct. 2 it would eliminate commissions on those products for retail and registered investment advisor clients on its platform. TD Ameritrade and ETrade quickly matched Schwab, and Fidelity followed suit a week later. Pershing is the only major custodian not to have cut commission rates to zero.

While the change was not a big surprise, it represents a major turning point in the wealth management industry.

“We’ve all known this was coming, though it did happen very quickly,” said Tim Welsh, founder and CEO of wealth management consulting firm Nexus Strategy in Larkspur, California. “We’re heading to zero in all forms and fashions, and this is another milestone.”

The writing was indeed on the wall. Since robo-advisor Robinhood launched its platform offering free equity trades in 2013, other new commission-free entrants have been proliferating.

More from Financial Advisor 100:

CNBC FA 100 2019 list of top-rated financial advisory firms

Top-ranked advisory firms help meet their client’s financial goals

‘Personal touch’ will still dominate financial advice space

Schwab CFO Peter Crawford cited those new competitors in a commentary following his company’s announcement. “We are seeing new firms trying to enter our market using zero or low equity commissions as a lever,” he wrote. “We’re not feeling competitive pressure from these firms … yet.”

The clients of RIAs who use the custodial platforms will clearly benefit from lower costs, yet advisors are not without concerns about the development.

“The thing you wonder is if commissions are going away, will costs rise in other areas,” said Matthew Young, president of Richard C. Young & Co., a Naples, Florida-based firm that uses Fidelity for custody of client assets.

Young, whose firm came in at No. 10 on CNBC’s FA 100 list of top financial advisory firms, is not a fan of this race to the bottom.

“Custodians run a business and they need to make money,” he said. “We rely on them to constantly upgrade their platform, and I want to make sure they have the resources to do that.”

The inexorable decline of commissions has been ongoing for decades, but the final jump to zero is a big blow to some firms. TD Ameritrade, for example, a favorite platform for frequent traders, stands to lose about $900 million in annual revenue — about 16% of trailing 12-month revenue and more than 30% of trailing earnings, according to Devin Ryan, an analyst with JMP Securities.


Company: cnbc, Activity: cnbc, Date: 2019-11-06  Authors: andrew osterland
Keywords: news, cnbc, companies, young, brokerage, firm, zero, free, commissions, firms, advisory, behemoth, platform, advisors, clients, trades, concerned, financial, zerocommission


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Bill Ackman believes WeWork is worth ‘zero,’ report says

Hedge fund manager Bill Ackman reportedly thinks WeWork could be worthless, noting Japanese investment giant SoftBank “should have walked away” from it. “I think WeWork has a pretty high probability of being a zero for the equity, as well as for the debt,” Ackman, founder of hedge fund Pershing Square Capital Management, said at the Robin Hood investor conference on Tuesday, according to The Financial Times. “As someone who has put good money after bad, I think this looks like putting good money


Hedge fund manager Bill Ackman reportedly thinks WeWork could be worthless, noting Japanese investment giant SoftBank “should have walked away” from it.
“I think WeWork has a pretty high probability of being a zero for the equity, as well as for the debt,” Ackman, founder of hedge fund Pershing Square Capital Management, said at the Robin Hood investor conference on Tuesday, according to The Financial Times.
“As someone who has put good money after bad, I think this looks like putting good money
Bill Ackman believes WeWork is worth ‘zero,’ report says Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-30  Authors: fred imbert
Keywords: news, cnbc, companies, ackman, money, fund, think, believes, zero, bill, good, worthless, bad, report, worth, hedge, wework


Bill Ackman believes WeWork is worth 'zero,' report says

Hedge fund manager Bill Ackman reportedly thinks WeWork could be worthless, noting Japanese investment giant SoftBank “should have walked away” from it.

“I think WeWork has a pretty high probability of being a zero for the equity, as well as for the debt,” Ackman, founder of hedge fund Pershing Square Capital Management, said at the Robin Hood investor conference on Tuesday, according to The Financial Times. “As someone who has put good money after bad, I think this looks like putting good money after bad.”


Company: cnbc, Activity: cnbc, Date: 2019-10-30  Authors: fred imbert
Keywords: news, cnbc, companies, ackman, money, fund, think, believes, zero, bill, good, worthless, bad, report, worth, hedge, wework


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The genius email hack this Instagram director uses to manage hundreds of messages a day—and how you can use it too

As Instagram’s director of fashion partnerships, the 40-year-old former magazine editor gets hundreds of messages a day about everything from work approvals to scheduling meetings to event invitations. These days, though, it also helps that Chen takes a more lax approach to maintaining zero unread messages. “I used to be really crazy fanatical about Inbox Zero,” she told The Cut’s editor-in-chief Stella Bugbee on the podcast. “Now, I have made peace for my work email with Inbox 350. I am current


As Instagram’s director of fashion partnerships, the 40-year-old former magazine editor gets hundreds of messages a day about everything from work approvals to scheduling meetings to event invitations.
These days, though, it also helps that Chen takes a more lax approach to maintaining zero unread messages.
“I used to be really crazy fanatical about Inbox Zero,” she told The Cut’s editor-in-chief Stella Bugbee on the podcast.
“Now, I have made peace for my work email with Inbox 350.
I am current
The genius email hack this Instagram director uses to manage hundreds of messages a day—and how you can use it too Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-27  Authors: jennifer liu
Keywords: news, cnbc, companies, chen, teen, messages, hundreds, work, rsvp, hack, genius, uses, email, director, zero, told, dayand, podcast, instagram, day, inbox, manage


The genius email hack this Instagram director uses to manage hundreds of messages a day—and how you can use it too

As Instagram’s director of fashion partnerships, the 40-year-old former magazine editor gets hundreds of messages a day about everything from work approvals to scheduling meetings to event invitations. To tame her inbox and handle what she admits is a stressful subject for her, Chen told the podcast “The Cut on Tuesdays” about the time-saving email hack she developed during her time at Teen Vogue.

First, she took a look at the most common types of emails she’d get in a day, then broke them down into eight to 10 different categories based on what kind of response they required. For example, an event invite could elicit an “RSVP Yes” or “RSVP No,” while other questions could be best handled if directed to her assistant.

She then created email signatures with those canned responses, which she selects from as she moves through her inbox to speed up the process, and adds personalized messages as necessary.

The automated method has helped as Chen has moved up in her career from beauty and health director at Teen Vogue to editor-in-chief at Lucky magazine to her leadership role at Instagram — as with great power comes great responsibility (to answer your coworkers’ emails).

These days, though, it also helps that Chen takes a more lax approach to maintaining zero unread messages.

“I used to be really crazy fanatical about Inbox Zero,” she told The Cut’s editor-in-chief Stella Bugbee on the podcast. “Now, I have made peace for my work email with Inbox 350. I am currently at Inbox 600, but I’m going to get back down to Inbox 350, and maybe one day I’ll be at Inbox 100.”


Company: cnbc, Activity: cnbc, Date: 2019-10-27  Authors: jennifer liu
Keywords: news, cnbc, companies, chen, teen, messages, hundreds, work, rsvp, hack, genius, uses, email, director, zero, told, dayand, podcast, instagram, day, inbox, manage


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Google claims its quantum computer solved a 10,000-year problem in seconds

Google said on Wednesday it achieved a breakthrough in computer research by solving a complex problem in minutes with a so-called quantum computer that would take today’s most powerful supercomputer thousands of years to crack. Official confirmation of the breakthrough in quantum computing came in a paper here, published in science journal Nature, after weeks of controversy following the leak of a draft over whether Google’s claim of “quantum supremacy” was valid. So, whereas traditional computi


Google said on Wednesday it achieved a breakthrough in computer research by solving a complex problem in minutes with a so-called quantum computer that would take today’s most powerful supercomputer thousands of years to crack.
Official confirmation of the breakthrough in quantum computing came in a paper here, published in science journal Nature, after weeks of controversy following the leak of a draft over whether Google’s claim of “quantum supremacy” was valid.
So, whereas traditional computi
Google claims its quantum computer solved a 10,000-year problem in seconds Cached Page below :
Company: cnbc, Activity: cnbc, Date: 2019-10-23
Keywords: news, cnbc, companies, solved, seconds, research, powerful, qubits, computer, zero, pichai, problem, google, computing, world, quantum, claims, science, 10000year


Google claims its quantum computer solved a 10,000-year problem in seconds

Google said on Wednesday it achieved a breakthrough in computer research by solving a complex problem in minutes with a so-called quantum computer that would take today’s most powerful supercomputer thousands of years to crack.

Official confirmation of the breakthrough in quantum computing came in a paper here, published in science journal Nature, after weeks of controversy following the leak of a draft over whether Google’s claim of “quantum supremacy” was valid.

Computer scientists have for decades sought to harness the behavior of sub-atomic particles that can simultaneously exist in different states, in contrast to the “real” world that people perceive around them.

So, whereas traditional computing relies on bits, or ones and zeros, quantum computing uses quantum bits, or qubits, that can be both one and zero at the same time.

This property, called superposition, multiplies exponentially as qubits are connected to each other. The more qubits that can be strung together, the vastly more powerful a quantum computer becomes.

But there’s a catch: Quantum researchers need to cool the qubits to close to absolute zero to limit vibration, or “noise,” that causes errors to creep into their calculations. It’s in this extremely challenging task that Google’s research team has made significant progress.

CEO Sundar Pichai compared the achievement to building the first rocket to leave the Earth’s atmosphere and touch the edge of space, an advance that brought interplanetary travel into the realm of the possible.

“For those of us working in science and technology, it’s the ‘hello world’ moment we’ve been waiting for – the most meaningful milestone to date in the quest to date to make quantum computing a reality,” Pichai wrote in a blog here


Company: cnbc, Activity: cnbc, Date: 2019-10-23
Keywords: news, cnbc, companies, solved, seconds, research, powerful, qubits, computer, zero, pichai, problem, google, computing, world, quantum, claims, science, 10000year


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