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Frontier

The First Frontier for Quantum: Data Center Accelerators

Even as quantum computing develops at an increasingly fast pace, the technology is still far from achieving mainstream distribution. There are several reasons for that - physics and engineering complexity, cost, and the relatively nascent implementations being some of them. There are computing environments that have carried the torch for the complexity of the so-called classical systems: High-Performance Computing (HPC), the domain of the datacenters and supercomputers of the world. There too, it seems, lies the first…

DAOs & Taxation – Understanding Regulations In Crypto’s Next Frontier

The modern cryptocurrency landscape is filled with uncertainty, even though prices for Bitcoin and Ethereum are seeing a marginal increase. Decentralized autonomous organizations (DAO) are another mystery, as no one is sure if they’ll be targeted for taxation in the next few years. What is a DAO? A decentralized autonomous organization or DAO is an entity whose rules or decisions aren’t enforced (and, for now, controlled) by a central authority. Instead, they’re governed by small contracts and act similarly to…

Spirit Airlines shareholder meeting postponed to continue Frontier, JetBlue deal talks

A JetBlue Airlines plane takes off near Spirit Airlines planes at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida.Joe Raedle | Getty ImagesSpirit Airlines is postponing its shareholder meeting, previously scheduled for Friday, until June 30 so it can continue deal talks with Frontier Airlines and JetBlue Airways, and with its stockholders, the carrier said Wednesday.Spirit's announcement came two days after JetBlue sweetened its offer for the discount airline, which has had…

Intelligent Data Capture is the New Frontier in Decision-Making

Here you can get to know about Intelligence Data Capture, how it works & benefits Intelligent data capture has made the acquisition and processing of all the data coming into an organization much easier and more streamlined. It is the 1st step in the automated business process. And it is a crucial part of a successful automation strategy and can help take your existing document management solution to the next level. IDC involves using digital tools to automatically read and capture critical information from…

A US Supercomputer Just Broke The Exascale Barrier, Ranking Fastest in The World

The US has succeeded in developing the world's first 'true' exascale supercomputer, honoring a pledge made by President Obama almost seven years ago, and ushering the world into a new era of computational capability.  Until now, the most speedy supercomputers in the world were still working in the petascale, achieving a quadrillion calculations per second. The exascale brings this to a whole new level, reaching a quintillion operations per second.The Frontier supercomputer, built at the Department of Energy's Oak Ridge…

Frontier offers $250M reverse breakup fee if Spirit merger is blocked

A Frontier Airlines plane near a Spirit Airlines plane at the Fort Lauderdale-Hollywood International Airport on May 16, 2022 in Fort Lauderdale, Florida.Joe Raedle | Getty ImagesFrontier Airlines' parent company on Thursday said it would pay a $250 million reverse breakup fee to Spirit Airlines if regulators don't approve the planned combination of the two discount carriers for antitrust reasons, an effort aimed at convincing investors to approve the deal next week as rival JetBlue Airways tries to buy Spirit…

Advisers tell Spirit shareholders to reject Frontier bid

NEW YORK — A firm that advises investors on proxy voting said Tuesday that Spirit Airlines shareholders should oppose Frontier Airlines’ bid to buy Spirit, saying that a competing offer by JetBlue is financially superior. Institutional Shareholder Services Inc. conceded that Spirit’s board might be correct in concluding that the Frontier offer has a better chance of winning approval from antitrust regulators. However, the firm said, both bids carry regulatory risks but only the JetBlue offer includes a $200 million…

U.S. Supercomputer Becomes First to Enter Exascale Status

Though the U.S. may be lagging behind other countries in terms of consumer broadband and wireless speeds, it can now at least claim the mantle as the top dog of supercomputers. Well, maybe anyway.That’s thanks to Frontier, a new supercomputer developed by Oak Ridge National Laboratory (ORNL) which this week became the first machine capable of demonstrating “exascale” performance, a highly coveted computing benchmark roughly equivalent to one quintillion operations per second. That mind-boggling number comes out to roughly…