Sunday, May 3, 2020

Terra Quantum, a Switzerland-based startup developing algorithms for quantum computing, has raised a ~€10M round at a valuation of around €50M (Annie Musgrove/Tech.eu)

Annie Musgrove / Tech.eu:
Terra Quantum, a Switzerland-based startup developing algorithms for quantum computing, has raised a ~€10M round at a valuation of around €50M  —  Swiss quantum technology company Terra Quantum has raised about €10 million, with a company valuation at around €50 million.



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Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903M, below ~$1.2B est., as it pushes self-developed games (Sherry Qin/Wall Street Journal)

Sherry Qin / Wall Street Journal : Chinese video game giant NetEase reports Q4 revenue up 3% YoY to ~$4B and net profit down 29% to ~$903...