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B.C. retailers in throes of one-of-a-kind holiday season (BC)SAN FRANCISCO — Google showed off Monday a new quantum computing chip that it said was a major breakthrough that could bring practical quantum computing closer to reality. A custom chip called “Willow” does in minutes what it would take leading supercomputers 10 septillion years to complete, according to Google Quantum AI founder Hartmut Neven. “Written out, there is a 1 with 25 zeros,” Neven said of the time span while briefing journalists. “A mind-boggling number.” Neven’s team of about 300 people at Google is on a mission to build quantum computing capable of handling otherwise unsolvable problems like safe fusion power and stopping climate change. “We see Willow as an important step in our journey to build a useful quantum computer with practical applications in areas like drug discovery, fusion energy, battery design and more,” said Google CEO Sundar Pichai on X. READ: Why 2023 is the year of quantum computing A quantum computer that can tackle these challenges is still years away, but Willow marks a significant step in that direction, according to Neven and members of his team. While still in its early stages, scientists believe that superfast quantum computing will eventually be able to power innovation in a range of fields. Quantum research is seen as a critical field and both the United States and China have been investing heavily in the area, while Washington has also placed restrictions on the export of the sensitive technology. Olivier Ezratty, an independent expert in quantum technologies, told AFP in October that private and public investment in the field has totaled around $20 billion worldwide over the past five years. Regular computers function in binary fashion: they carry out tasks using tiny fragments of data known as bits that are only ever either expressed as 1 or 0. READ: Google Claims Breakthrough in Blazingly Fast Computing However, fragments of data on a quantum computer, known as qubits, can be both 1 and 0 at the same time – allowing them to crunch an enormous number of potential outcomes simultaneously. Crucially, Google’s chip demonstrated the ability to reduce computational errors exponentially as it scales up – a feat that has eluded researchers for nearly 30 years. The breakthrough in error correction, published in the leading science journal Nature, showed that adding more qubits to the system actually reduced errors rather than increasing them – a fundamental requirement for building practical quantum computers. Subscribe to our daily newsletter By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy . Error correction is the “end game” in quantum computing and Google is “confidently progressing” along the path, according to Google director of quantum hardware Julian Kelly.Kosmos Energy Ltd. stock rises Tuesday, outperforms marketRupert Murdoch has faced a setback in his efforts to restructure his family trust to ensure his son Lachlan's control over their media empire. A Nevada commissioner ruled against the amendment, saying it demonstrated 'bad faith,' according to a sealed court document cited by the New York Times. The trust currently stipulates that control of Fox News parent Fox Corp and News Corp will be equally distributed among Murdoch's four eldest children—Lachlan, James, Elisabeth, and Prudence—after his death. The amendment aimed to prevent interference from the more politically moderate siblings by solidifying Lachlan's leadership role. The ruling by Commissioner Edmund Gorman described the proposed changes as a 'carefully crafted charade' to cement Lachlan's executive roles permanently. While Rupert Murdoch plans to appeal, his other children have expressed hope for focusing on family unity rather than legal battles. (With inputs from agencies.)
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More Than Just the Always Pan: Our Place's 7 Must-Shop Kitchen EssentialsJEDDAH – “My Driver and I” was supposed to be made in 2016, but was scuttled amid Saudi Arabia's decades-long cinema ban. Eight years later, the landscape for film in the kingdom looks much different — and the star of “My Driver and I” now has an award. Roula Dakheelallah was named the winner of the Chopard Emerging Saudi Talent award at the Red Sea International Film Festival on Thursday. The award — and the glitzy festival itself — is a sign of Saudi Arabia's commitment to shaping a new film industry. Recommended Videos “My heart is attached to cinema and art; I have always dreamed of a moment like this,” Dakheelallah, who still works a 9-5 job, told The Associated Press before the awards ceremony. “I used to work in voluntary films and help my friends in the field, but this is my first big role in a film.” The reopening of cinemas in 2018 marked a cultural turning point for Saudi Arabia, an absolute monarchy that had instituted the ban 35 years before, under the influence of ultraconservative religious authorities. It has since invested heavily in a native film industry by building theaters and launching programs to support local filmmakers through grants and training. The Red Sea International Film Festival was launched just a year later, part of an attempt to expand Saudi influence into films, gaming, sports and other cultural fields. Activists have decried the investments as whitewashing the kingdom’s human rights record as it tightly controls speech and remains one of the world’s top executioners. With FIFA awarding the 2034 World Cup to Saudi Arabia this week, Lina al-Hathloul, a Saudi activist with the London-based rights group ALQST, said Crown Prince Mohammad bin Salman “has really managed to create this bubble where people only see entertainment and they don’t see the reality on the ground.” These efforts are part of Vision 2030, an ambitious reform plan unveiled in 2016 to ease the economy's dependence on oil. As part of it, Saudi Arabia plans to construct 350 cinemas with over 2,500 movie screens — by this past April, across 22 cities, it already had 66 cinemas showing movies from the local film industry, as well as Hollywood and Bollywood. (The Red Sea International Film Festival attracts a host of talent from the latter industries, with Viola Davis and Priyanka Chopra Jonas also picking up awards Thursday.) The country's General Entertainment Authority last month opened Al Hisn Studios on the outskirts of Riyadh. As one of the largest such production hubs in the Middle East, it not only includes several film studios but also a production village with workshops for carpentry, blacksmithing and fashion tailoring. “These facilities, when they exist, will stimulate filmmakers,” said Saudi actor Mohammed Elshehri. “Today, no writer or director has an excuse to imagine and say, ‘I cannot implement my imagination.’” The facilities are one part of the equation — the content itself is another. One of the major players in transforming Saudi filmmaking has been Telfaz11, a media company founded in 2011 that began as a YouTube channel and quickly became a trailblazer. Producing high-quality digital content such as short films, comedy sketches and series, Telfaz11 offered fresh perspectives on Saudi and regional issues. In 2020, Telfaz11 signed a partnership with Netflix to produce original content for the streaming giant. The result has been movies that demonstrate an evolution on the storytelling level, tackling topics that were once off-limits and sensitive to the public like secret nightlife in “Mandoob” (“Night Courier”) and changing social norms in “Naga.” “I think we tell our stories in a very simple way, and that’s what reaches the world,” Elshehri says of the changing shift. “When you tell your story in a natural way without any affectation, it will reach every person.” But the films were not without their critics, drawing mixed reaction. Social media discoursed ranged from pleasure that Saudi film were tackling such topics to anger over how the films reflected conservative society. As Hana Al-Omair, a Saudi writer and director, points out, there are still many stories left untold. “We certainly have a long time ahead of us before we can tell the Saudi narrative as it should be,” she said, acknowledging that there are still barriers and rampant censorship. “The Goat Life,” a Malayalam-language movie about an Indian man forced to work without pay in Saudi Arabia, is not available on Netflix's platform in the country. Movies that explore political topics or LGBTQ+ stories are essentially out of the question. Even “My Driver and I,” featured at the Red Sea festival alongside 11 other Saudi feature-length films, was initially too controversial. It centers on a Sudanese man in Jeddah, living away from his own daughter, who feels responsible for the girl he drives as her parents are absent. It was initially blocked from being made because of the relationship between the girl and the driver, filmmaker Ahd Kamel has said, even though it's not a romantic relationship. Now in 2024, the film is a success story — a symbol of the Saudi film industry's evolution as well as the growing role of women like Kamel behind the camera and Dakheelallah in front of it. “I see the change in Saudi cinema, a very beautiful change and it is moving at a wonderful speed. In my opinion, we do not need to rush,” Dakheelallah said. “We need to guide the truth of the artistic movement that is happening in Saudi Arabia.”Misrepresenting how it collects, maintains, uses, deletes or discloses consumers’ personal information, and the extent to which consumers’ location data is deidentified. Using, transferring, selling and disclosing sensitive location data from health clinics, religious organizations, correctional facilities, labor union offices, LGBTQ+-related locations, political gatherings and military installations. Misrepresenting how it collects, maintains, uses, deletes or discloses consumers’ personal information, and the extent to which consumers’ location data is deidentified. Using, transferring, selling and disclosing sensitive location data from health clinics, religious organizations, correctional facilities, labor union offices, LGBTQ+-related locations, political gatherings and military installations.
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VANCOUVER, British Columbia, Dec. 13, 2024 (GLOBE NEWSWIRE) -- Patagonia Gold Corp. (“Patagonia” or the “Company”) (TSXV: PGDC) announces that it has granted an aggregate of 8,000,000 incentive stock options under the Company’s stock option plan (the “Stock Option Plan”) to the directors of the Company, 3,500,000 incentive stock options to certain officers of the Company and 3,800,000 incentive stock options to members of senior management of the Company as part of a long term incentive plan (the “Option Grant”). All of the Options are exercisable for a period of five years at a price of $0.035. The Options vest as to one-third on each of the first, second and third anniversary of the date of the Option Grant. The Stock Option Plan allows for the issuance of up to 10% of the issued and outstanding shares of the Company in the form of Options. As of the date hereof, a total of 465,051,490 shares of the Company are issued and outstanding and the Option Grant represents approximately 3.3% of the issued and outstanding shares. About Patagonia Gold Patagonia Gold Corp. is a South America focused, publicly traded, mining company listed on the TSX Venture Exchange. The Company seeks to grow shareholder value through exploration and development of gold and silver projects in the Patagonia region of Argentina. The Company is primarily focused on the Calcatreu project in Rio Negro and the development of the Cap-Oeste underground project. Patagonia, indirectly through its subsidiaries or under option agreements, has mineral rights to over 415 properties in several provinces of Argentina and is one of the largest landholders in the province of Santa Cruz, Argentina. For more information, please contact: Christopher van Tienhoven, Chief Executive Officer Patagonia Gold Corp T: +54 11 5278 6950 E: cvantienhoven@patagoniagold.com FORWARD-LOOKING STATEMENTS This news release contains certain forward-looking statements, including, but not limited to, statements about the Company’s focus on growing shareholder value and the development of the Cap Oeste underground project, advancement of the Calcatreu project and the Company’s future plans and intentions. Wherever possible, words such as “may”, “will”, “should”, “could”, “expect”, “plan”, “intend”, “anticipate”, “believe”, “estimate”, “predict” or “potential” or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management’s current beliefs and are based on information currently available to management as at the date hereof. Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward- looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.Lucintel Forecasts Prepreg Market to Reach $7.0 Billion by 2030