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Bond by Solana Labs has partnered with Baxus and Iridia to launch an innovative onchain molecular authentication technology aimed at combating counterfeiting in the spirits industry. This system embeds unique digital molecular signatures into spirit bottles, tokenizing each as a distinct NFT on the Solana blockchain, ensuring transparency and authenticity. The first product utilizing this technology, a 20-year-old Kentucky bourbon, will be available through an exclusive drop on Baxus starting December 17, 2024.
Sandoz has inaugurated a new Device Development Center in Cambridge, UK, aimed at enhancing the development of drug-device combination products. This state-of-the-art facility will support Sandoz's global pipeline of affordable medicines, leveraging local expertise to accelerate innovation and expand access to generics and biosimilars. The center features advanced engineering and testing labs, reflecting Sandoz's commitment to life sciences innovation and its growth strategy focused on patient access.
TeamViewer SE is acquiring 1E from Carlyle Group Inc. for $720 million, marking its largest acquisition to date. The deal, which is expected to close in early 2025 pending regulatory approvals, will enhance TeamViewer's presence in North America, where 1E serves clients like HP and Nike Inc.
Google has introduced its Willow quantum computing chip, capable of completing tasks in under five minutes that would take supercomputers an impractical amount of time. This advancement addresses significant challenges in quantum error correction, enhancing qubit coherence and reducing computational errors. Experts predict that quantum computers could be integrated into business operations within the next few years, potentially transforming industries by solving complex problems more efficiently than classical computers.
Mobile shoot 'em up game Zoppel: The Legend of Furiax is set to launch its alpha test on the Skale network on December 15, marking the beginning of a collaboration between Skale Labs and Sequence to enhance blockchain gaming. Following Zoppel, additional games like Sheertopia and The Last Monarchy will also be supported by this partnership. Meanwhile, CCP Games is offering early access packs for its upcoming space survival game, Eve Frontier, allowing players to engage in its development starting December 10.
Utah's video game industry has surged over 230% in the last decade, generating over $2.3 billion in revenue last year, with projections reaching $4.5 billion in five years. The University of Utah's innovative gaming program, which has produced notable alumni and a dedicated curriculum since 2010, plays a crucial role in this growth, attracting a global student body and fostering local game development. Notable successes include "Hogwarts Legacy," credited to a talented team of graduates, and the global phenomenon "Fortnite," showcasing the university's impact on the gaming landscape.
Peter Beck, the 47-year-old founder of Rocket Lab USA Inc., is making strides to compete with Elon Musk in the space industry. With a history of innovation, Beck's company is experiencing record revenue forecasts and a series of successful rocket launches, fueled by investor optimism regarding the pro-space policies of the incoming Trump administration.
In Q3 2024, fully electric vehicles (EVs) made up 7.0% of US auto sales, a slight decrease from 7.4% in Q2. Despite a slowdown in growth, EV sales rose 8% year over year, with Tesla maintaining a dominant position, though its market share continues to decline as competitors like Ford, GM, and Honda gain traction.
Reddit is testing a new AI-powered feature called Reddit Answers, designed to help users quickly find information from posts on the platform. Available to a small segment of U.S. users, the feature allows questions to be asked similarly to other AI services, providing answers sourced directly from Reddit content. This initiative aims to enhance user engagement and reduce reliance on Google for traffic, with plans for broader rollout and support for additional languages in the future.
Metro Plaza at the Infosys Electronics City campus has been completed, providing employees with direct access to the newly operational Konappana Agrahara Metro Station on the Yellow Line (RV Road - Bommasandra). This initiative, funded by the Infosys Foundation, aims to enhance connectivity in Bengaluru's tech hub.
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