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MicroAlgo Inc. Announces the Launch of FULL Adder Operation Quantum Algorithm Technology Based on CPU Registers in Quantum Gate Computing

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SHENZHEN, China, Dec. 31, 2024 /PRNewswire/ — MicroAlgo Inc. (the “Company” or “MicroAlgo”) (NASDAQ: MLGO), today announced the successful development of a groundbreaking quantum algorithm technology, specifically a FULL adder operation based on CPU registers in quantum gate computers. This innovative technology brings new possibilities to the development of quantum computing. It not only significantly enhances the efficiency and accuracy of quantum computers when performing complex computational tasks but also opens new pathways for the design and implementation of quantum gate computers.

In classical computing, computers represent data and perform computations using bits (0 or 1). At any given moment, each bit can only be in one of two states: “0” or “1.” Quantum computers, on the other hand, are different. Their fundamental unit of computation—the quantum bit (qubit)—can exist in a superposition of both “0” and “1” states simultaneously. By leveraging this property, quantum computers can solve certain problems much faster than classical computers.

A Quantum Gate Computer is a model of quantum computing that performs computational operations by applying quantum gates to qubits. Quantum gates are similar to classical logic gates, but their operations extend beyond binary bit manipulations to include more complex transformations of qubits.

In quantum computers, managing and manipulating qubits has always been a key challenge and focus of technological development. Similar to classical computers, quantum computers also require registers to store and process data. In the latest technology developed by MicroAlgo, they have successfully implemented the FULL adder operation using CPU registers based on quantum gate computers.

A FULL adder is a fundamental arithmetic unit in classical digital circuits, used to perform the addition of two or more binary numbers. In classical computers, the design and implementation of a FULL adder are relatively simple, as it only deals with fixed binary bits. However, in quantum computing, the situation is much more complex due to the properties of qubits, such as superposition and quantum entanglement.

The quantum algorithm technology developed by MicroAlgo allows quantum computers to efficiently handle complex arithmetic tasks by implementing FULL adder operations in a quantum gate computer. The core of this innovative technology lies in how quantum gates and qubit properties are leveraged to simulate and perform FULL adder operations. With this technology, quantum computers can achieve faster computation speeds and higher computational accuracy when performing addition operations, taking advantage of quantum parallelism and quantum entanglement.

This technology, developed by MicroAlgo, is based on the classical Bernstein-Vazirani algorithm. The Bernstein-Vazirani algorithm is an important algorithm in quantum computing, capable of determining a hidden bit string with a single quantum query—something that would require multiple queries in classical computing.

In MicroAlgo’s implementation, they use the Bernstein-Vazirani algorithm to demonstrate a simple memory example called a register. Registers in quantum computers function similarly to those in classical computers, used for temporary storage and processing of data. Unlike classical computers, however, quantum computer registers can store multiple states (superposition) simultaneously, which gives quantum computers higher parallelism and efficiency when performing certain specific tasks.

Through the Bernstein-Vazirani algorithm, MicroAlgo has successfully designed a quantum register that is easy to physically access. This register not only efficiently stores and processes qubits, but it can also implement the functionality of a FULL adder through quantum gate operations. This innovative design lays a solid foundation for the practical application of quantum computers.

The quantum algorithm technology developed by MicroAlgo, based on FULL adder operations in CPU registers of quantum gate computers, has broad application prospects. First, this technology can significantly improve the efficiency and accuracy of quantum computers when handling complex arithmetic tasks. In particular, in fields like large-scale data processing, encryption and decryption, and optimization problems, the performance advantages of quantum computers will be fully realized.

Furthermore, this technology provides new insights for the design and implementation of quantum computers. By combining classical computing concepts such as registers and FULL adder operations with quantum computing elements like quantum gates and qubits, MicroAlgo has successfully developed a quantum algorithm technology with practical application value. This not only provides technical support for the further development of quantum computers but also lays the foundation for their widespread use.

Despite the significant progress made with this technology, the realization of quantum computing still faces numerous challenges. First, the hardware design and manufacturing of quantum computers remain a technical difficulty. Achieving stable qubits and effectively managing quantum entanglement and superposition states are key issues that need to be addressed in the practical application of quantum computers. Additionally, the design of quantum algorithms needs further development. In other fields and application scenarios, more quantum algorithms are still needed to support the broader adoption of quantum computing.

The widespread adoption of quantum computing also requires overcoming obstacles beyond just technology. Currently, research in quantum computing is mainly concentrated in academia and a few technology companies. The challenge moving forward will be how to translate these research outcomes into practical applications and promote the commercialization of quantum computing.

Despite these challenges, the innovative technology developed by MicroAlgo (NASDAQ: MLGO) undoubtedly offers new possibilities for the future development of quantum computing. With continuous technological advancement and the expansion of application scenarios, quantum computing will play an increasingly important role in the future technological revolution. Through ongoing technological innovation and research investment, the company will continue to lead the development of quantum computing, contributing to the progress of global computing technology.

About MicroAlgo Inc.

MicroAlgo Inc. (the “MicroAlgo”), a Cayman Islands exempted company, is dedicated to the development and application of bespoke central processing algorithms. MicroAlgo provides comprehensive solutions to customers by integrating central processing algorithms with software or hardware, or both, thereby helping them to increase the number of customers, improve end-user satisfaction, achieve direct cost savings, reduce power consumption, and achieve technical goals. The range of MicroAlgo’s services includes algorithm optimization, accelerating computing power without the need for hardware upgrades, lightweight data processing, and data intelligence services. MicroAlgo’s ability to efficiently deliver software and hardware optimization to customers through bespoke central processing algorithms serves as a driving force for MicroAlgo’s long-term development.

Forward-Looking Statements

This press release contains statements that may constitute “forward-looking statements.” Forward-looking statements are subject to numerous conditions, many of which are beyond the control of MicroAlgo, including those set forth in the Risk Factors section of MicroAlgo’s periodic reports on Forms 10-K and 8-K filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, MicroAlgo’s expectations with respect to future performance and anticipated financial impacts of the business transaction.

MicroAlgo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as may be required by law.

 

View original content:https://www.prnewswire.com/news-releases/microalgo-inc-announces-the-launch-of-full-adder-operation-quantum-algorithm-technology-based-on-cpu-registers-in-quantum-gate-computing-302340616.html

SOURCE Microalgo.INC

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Club Offers for Travel Enthusiasts in Canada

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TORONTO, Oct 23, 2026 /PRNewswire/ — Travelzoo® (NASDAQ: TZOO), the club for travel enthusiasts, announces three of many new Club Offers for Club Members in Canada.

Rigorously vetted and negotiated for us travel enthusiasts:

$799—COSTA RICA WEEK WITH FLIGHTS & CAR
We think fall is an ideal time to visit Costa Rica; the scenery is lush and the crowds are gone. Drive between volcanic Arenal and the idyllic beaches of Tamarindo on this seven-night trip. Since it’s not as busy, we were able to negotiate a price that saves members up to $648 on departures through mid-December.

$899—BARCELONA: 5 NIGHTS WITH FLIGHTS
Explore Barcelona’s world-class museums and architectural masterpieces in the quieter winter months to pack more into your trip. You won’t waste hours in lines and can access top restaurants that are fully booked in summer. We save $300 on travel this January and February, when temperatures are still spring-like. Roundtrip flights from Toronto, hotel and daily breakfast are included.

$999—ST. KITTS GETAWAY FOR 2, REG. $2083
Most visitors to St. Kitts book months in advance, but when we pointed out that travel enthusiasts are more spontaneous, this resort gave us a terrific rate for stays this November and December. Spend four nights in Frigate Bay and get an upgraded Oceanview room, too.

Are you a travel enthusiast? Join the club today: https://travelzoo.com

Who are we?
We, Travelzoo®, are the club for travel enthusiasts. We reach 30 million travellers. Club Members receive Club Offers negotiated and rigorously vetted by our deal experts around the globe. Our relationships with thousands of top travel companies give us access to irresistible deals. Our club and its benefits are built around the lifestyle of a modern travel enthusiast.

Media Contact: 
Amanda Ieraci – Toronto
+1 437 866 8540
aieraci@travelzoo.com

View original content to download multimedia:https://www.prnewswire.com/news-releases/club-offers-for-travel-enthusiasts-in-canada-302918543.html

SOURCE Travelzoo

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Howard Hughes Holdings Set to Join S&P SmallCap 600

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NEW YORK, Oct. 23, 2026 /PRNewswire/ — Howard Hughes Holdings Inc. (NYSE: HHH) will replace Arcosa Inc. (NYSE: ACA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, October 28. S&P 500 constituent CRH plc (NYSE: CRH) has acquired Arcosa in a deal that closed today, October 23.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date

Index Name  

Action

Company Name

Ticker

GICS Sector

October 28, 2026

S&P SmallCap 600

Addition

Howard Hughes Holdings

HHH

Real Estate

October 28, 2026

S&P SmallCap 600

Deletion

Arcosa

ACA

Industrials

ABOUT S&P DOW JONES INDICES

S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.

S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spglobal.com/spdji/en/. 

FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji.comms@spglobal.com

View original content:https://www.prnewswire.com/news-releases/howard-hughes-holdings-set-to-join-sp-smallcap-600-302918511.html

SOURCE S&P Dow Jones Indices

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Chelsea FC announces multi-year sleeve partnership with Sokin, the business payments and FX platform

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Chelsea FC name fast-growing fintech platform as Principal Partner

LONDON, Oct. 23, 2026 /PRNewswire/ — Chelsea Football Club has today announced a multi-year partnership with Sokin, the embedded finance and payments company used by businesses worldwide. Sokin will be named a Principal Partner and Official Business Payments and FX Partner of Chelsea FC and Chelsea FC Women.

As a Principal Partner, Sokin will be represented on the sleeves of the Chelsea FC men’s, women’s and academy home, away, and third kits from the 2026/27 season.

The partnership brings together two ambitious London-headquartered organisations with worldwide reach – a club with millions of fans across the world and a fintech platform through which businesses move more than $11 billion a year. A club of Chelsea’s scale works in many currencies every day, with partners, competitions and supporters around the world, and needs a financial partner built to handle that.

Sokin gives finance teams business payments, multi-currency accounts, foreign exchange, checkout and treasury in one place, so they spend less time juggling banks and providers and keep more of what they move.

As Official Business Payments and FX Partner, Sokin will simplify how Chelsea FC sends, receives and manages money in the currencies the club operates in.

The Sokin logo will feature on the sleeve of the Chelsea shirt for the first time [when the men’s team host Tottenham Hotspur at Stamford Bridge on Saturday 24th October.]

Jason Gannon, President at Chelsea FC said:

“At Chelsea, we seek to partner with organisations that share our ambition and innovative mindset. Sokin’s expertise in business payments, and their focus on making both simpler for the businesses they serve, makes them a natural fit for the Club. We are pleased to welcome Sokin to the Chelsea family and look forward to working together in the years ahead.”

Vroon Modgill, CEO and founder at Sokin said:

“Chelsea plays on the biggest stage in world football, and its business runs in dozens of currencies. Sokin was built for that with regulated, multi-currency payments and foreign exchange for organisations that operate internationally. We’re proud to be the platform behind the business payments and FX of one of the most iconic teams in football. Sokin’s platform serves businesses in more than 170 countries. We’re thrilled to be partners for the season ahead. An organisation as sophisticated as Chelsea doesn’t leave its finances to chance.”

About Sokin

Sokin is the financial layer global business runs on. Businesses can transact, convert and hold money in 70+ currencies across 170+ countries. Some businesses use Sokin to manage global finance in-house. Others build it into their products to power financial experiences for their customers. Businesses move more than $9 billion a year on licenses Sokin holds in 36+ countries and infrastructure Sokin owns. Founded in 2019, Sokin has raised over $100 million from investors including Morgan Stanley Expansion Capital and Prysm Capital.

About Chelsea Football Club

Chelsea Football Club is one of the biggest, most successful football clubs globally and our men’s team are reigning world champions, having won the four-yearly FIFA Club World Cup in 2025. Our women’s team, Chelsea Women, are also multiple trophy winners.

Founded in 1905, Chelsea is London’s most central football club, based at the iconic 40,000-capacity Stamford Bridge stadium. Nicknamed the Blues, the club lifted the Champions League for the first time in 2012 and domestically has won the Premier League five times, the FA Cup eight times, the Football League Cup five times and the Football League Championship once, in 1955.

The Chelsea Women’s team have enjoyed a huge amount of success and in 2025 won the FA Women’s Super League for a sixth consecutive year and the eighth time overall. The Women’s FA Cup has been won on six occasions. We have also captured the FA Women’s League Cup four times as well as reaching the UEFA Women’s Champions League final in 2021. In two seasons, 2020/21 and 2024/25, a domestic treble of trophies was secured.

The Chelsea Foundation boasts one of the most extensive community initiatives in sport, helping to improve the lives of children and young people all over the world.

Media Contacts:

Taina Biggs
taina.biggs@sokin.com 

Nerissa Chesterfield
nerissa.chesterfield@chelseafc.com 

View original content to download multimedia:https://www.prnewswire.co.uk/news-releases/chelsea-fc-announces-multi-year-sleeve-partnership-with-sokin-the-business-payments-and-fx-platform-302918466.html

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