Why Google might be the most innovative corporation in history

Why Google might be the most innovative corporation in history By Victor Hill An academic paper was published on 04 August by a posse of secretive computer über-boffins who work for Alphabet/Google (NASDAQ:GGL) entitled Characterizing Quantum Supremacy in Near-Term Devices. And it's not exactly bedtime reading. In fact, it is a mathematical argument of such mind-boggling technical sophistication that I am, dear reader, utterly incapable of evaluating it. What I can tell you is that the über-boffins claim to have proven (though there may well be counter-boffins who step forward to oppose them) that Quantum Supremacy is a logical certainty. Quantum Supremacy? Don't panic: I had never heard the term before last week, either. I understand that it means that, for a certain theoretical size of quantum computer, a set of mathematical problems called optimisation problems (which normally have to be solved subject to specific constraints) that could never be solved by classical (that is non-quantum) computers, could be solved by QC in a matter of… hours. As opposed to 900 million years… Click Here To Read The Full Story The Master Investor Market Report The FTSE 100 closed the day at 7,120.30, an increase of 136.78 points. The FTSE 250 rose 305.79 points to finish at 18,489.31. The FTSE All Share climbed 72.01 points to finish at 3,876.59. The FTSE AIM All Share ended the day at 828.99, up by 4.59 points. High street baker Greggs (GRG) said that total sales for the 13 weeks ended 1st October rose 2.8 percent as it refitted 145 shops and opened a net 45 new outlets over the course of the year to date. A summer menu including an expanded range of healthy options proved popular with customers and management are looking to capitalise on this moving in to winter. A new distribution centre will be brought in to operation in the coming weeks. The shares climbed 5p to 1,051p. Don't miss our September issue! Click HERE to read. Facilities management group Carillion (CLLN) has won a seven year support services contract with Nationwide Building Society worth roughly £350 million. The new deal is an extension of the arrangement that has been in place between the two companies for the past nine years and includes duties at Nationwide's HQ and corporate offices as well as 700 retail branches across the UK. The shares grew by 1.9% to 255.80p. AIM-listed online marketing specialist Digital Globe Services (DGS) grew revenues by 19% to $47.8 million (£37.5 million), but gross margins were reduced due to increased investments in marketing. However, management believe that these investments will help fuel growth during the year ahead. Shares in the firm plunged 16.3% to 38.50p. Tomorrow's news today Tesco (TSCO) will publish interim results. Quote of the day "The bold enterprises are the successful ones. Take counsel of hopes rather than of fears to win in this business." - Rutherford B. Hayes Latest Stories Is the pound freefalling towards parity with U.S Dollar? By Zak Mir After today's post-Brexit vote low for the Pound, it's time for all the talking heads and financial journalists to describe the horrors of a weak currency… Click Here To Read The Full Story New fund manager revitalises the British Empire Trust By Nick Sudbury One of the attractions of investment trusts is that in many cases the managers seem to stay in place longer than they do with open-ended funds, which can result in a more consistent approach… Click Here To Read The Full Story Is OPEC's deal credible and sustainable? By Filipe R Costa As readers are no doubt aware, OPEC recently agreed a production cut from its August output of 33.2 mb/d (million barrels per day) to a new target of between 32.5 mb/d to 33.0 mb/d… Click Here To Read The Full Story Ibstock: Government schemes build to 200p target By Zak Mir It is rare that as a technical analyst the cue for looking at a stock is quite so directly fundamentals based, but, in the case of Ibstock, the latest Government initiatives on the housing front make it an appropriate thing to do... Click Here To Read The Full Story Wait another fortnight on Mitie By Evil Knievil Philip Hammond is giving the market a boost today. Clearly, someone in HM Treasury reckons the gilts market will stand it... Click Here To Read The Full Story Join the movement on social media: Copyright 2016 Master Investor Ltd, All rights reserved. You are receiving this email because you opted in at our website. 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