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all right time now for a look at the day's business news and Google has announced a major breakthrough in computer science and it's already had a real impact joining us from the business desk is France 24 zone you go Roy you got tell us more good morning William Google has declared it has achieved quantum supremacy the Internet giant said that its research team succeeded in using a quantum computer to solve with a minute a complex problem that would take today's most advanced supercomputers thousands of years to crack and this spooked people investing in Bitcoin and other digital currencies seeing it as a threat as the technology could be used to hack cryptocurrencies and many other applications Nick Rushworth reports one giant leap for Google from the computers we know to its quantum computer the company's CEO says its researchers have achieved supremacy ahead of rivals Microsoft and IBM they've demonstrated with the quantum computer that it can perform a computation in seconds what would take the world's fastest supercomputer years thousands of years to do that same calculation IBM which has its own quantum project says Google's claim is exaggerated the professor who first coined the term quantum supremacy says Google's breakthrough is a master opening the door to new technology the applications that we currently envision which could have a really big potential impact our improved ways of using computers to simulate chemistry and materials that might help us find new pharmaceuticals or new ways of capturing solar power well quantum practicality is years away there has been an immediate impact to Google's breakthrough one application could be to hack the cryptocurrency Bitcoin which is based on blockchain encryption immune to cracking Bitcoin took a hit on its price which tumbled by around 7% the quantum supremacy moment is being compared to the first rocket flight into space and to the Wright brothers first flights the impact is difficult to predict but it will be massive Nik Rushworth reporting on Google's quantum supremacy de in Japan former Nissan and Renault chief Carlos Cohn is determined to fight tooth and nail as he awaits his trial his lawyers have asked a Tokyo take a court to drop financial misconduct charges against him accusing prosecutors of misconduct instead they filed a document alleging that Tokyo prosecutors used inappropriate means to obtain evidence related to go skate including colluding with government officials and Nissan executives in a bid to oust him to block a potential merger with Renault they also denounced the prosecution for the leaks to the media in order to tarnish Jones image and sway public opinion in their favor the trial is not expected to begin until next spring meanwhile Japan's factory output shrunk at his fastest pace in more than three years in October according to new data the jibon Bank flash PM e or manufacturing Purchasing Managers Index is at forty eight point five for the month so far down nor point for pack points from September any figure below 50 means a contraction a global slowdown a rise in sales facts and strong typhoons all have an impact let's check in on the bass trading action now major european booties were all in the green at the open with london's footsie 100 just above the flat line Paris's Gihon tone Frankfurt up about a half a percentage point at nine o'clock investors are also keeping an eye on a final policy meeting under Mario Draghi at the European Central Bank scheduled for later today agent shares mostly rose this Thursday following modest gains on Wall Street japan's Nikkei finished up just over half a percent after hitting a one-year high earlier in the day finally Tesla may have finally turned a corner after a decade of mostly making losses Sher Singh the electric car companies sought 21% on Wednesday after the firm surprised the investors with its quarterly result Tesla posted a profit of 143 million dollars in the three months period the company also says its so-called gigafactory hi is now operational on a trial basis the start had not been expected until the end of the year chief executive Elon Musk promised to roll out a cheaper SUV and new self-driving technology next step and that's all from the business s canal thank you very much Yuka Yuka Roy with a look at the business
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