At the heart of the story was a Scientific Reports paper with the provocative title: “Arrow of time and its reversal on the IBM quantum computer.” In it, the authors claimed to have performed an experiment that opens up lines of research, in their words, towards, "investigating time reversal and the backward time flow."
What they did was pretty cool in its own right, but not quite as sexy as turning back time.
Technology Review said that the analogy was closer to pressing rewind on a video. You could say it "reverses the flow of time", in a way, but that is about it.
As Scott Aaronson, director of the Quantum Information Center at the University of Texas at Austin, said: “if you’re simulating a time-reversible process on your computer, then you can ‘reverse the direction of time’ by simply reversing the direction of your simulation. From a quick look at the paper, I confess that I didn't understand how this becomes more profound if the simulation is being done on IBM’s quantum computer.”
Other quantum computing experts said: "I don't know how useful this is…it doesn't mean these guys made a time machine. They certainly didn't violate the laws of thermodynamics or the laws of physics. This is the type of hype that is going to give quantum computing a bad name.”