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Games & Commerce

Olo launches app with in-store prices to challenge DoorDash, Uber Eats

U.S. restaurant ordering software company Olo has launched a food delivery app that offers the same menu prices as in stores. The company is positioning the service as an alternative to existing platforms, saying orders can be placed without menu markups. Olo said customers could save 15 to 30 percent, though it said savings are not guaranteed. Users pay a network fee of 5 percent of the order, and delivery fees may apply.

Telecommunications & Media

YouTube and TikTok emerge as rivals, adding to Netflix\'s new growth dilemma

Netflix released its third-quarter results on Oct. 20 and showed its ability to generate profits remains intact, but the market reaction was negative. Revenue rose 12 percent to $12.9 billion, while growth was the weakest in three years. Concerns over viewing-time growth, especially in the United States and Canada, weighed on sentiment. The company also faces competition from YouTube and TikTok and a lack of new hits.

Crypto

Google quantum chip Willow cuts computation errors 40-fold, but bitcoin security threat still distant

Google succeeds in cutting errors in “magic state,” a key resource for quantum computing, to about one-fortieth of the previous level. Its Quantum AI team reports achieving 99.99% logical accuracy using its Willow processor, but the performance remains far from levels needed to crack bitcoin or RSA-2048 encryption. Researchers cite a wide gap in required accuracy and note that Willow has 105 physical qubits, far below estimates for such attacks.