Benchmarks closed Thursday’s choppy session mostly higher as optimism from Wednesday’s policy statement continued. The modest gains helped S&P 500 hit another record high, but Nasdaq snapped its four-day winning streak. Stocks had dropped to the red zone for a considerable period during the afternoon before managing a rebound almost at the end of the session. Economic data on initial […]
Benchmarks’ upward move continued for the fourth-straight trading day on Wednesday after the Federal Reserve kept its monetary policy “highly accommodative” and suggested there would be no immediate rate hikes. The central bank’s move to trim the bond repurchase yet again by $10 billion was widely accepted as the benchmarks scored their best gains in about four weeks. The S&P […]
A few years ago, a new concept emerged in the business world: that of the so-called “data steward.” These data stewards would make it their sole focus to organize, vet, manage, and update all the digital information that a company needs for its strategic planning and competition initiatives.Fast-forward to the present: data stewards now have become an integral feature of […]
<![CDATA[.post-boilerplate
margin-bottom: 2em;
]]>Rhiza, founded by Josh Knauer, just closed a $3 million funding round. The startup makes marketing analytic tools that helps bridge the gap between big data and companies, marketers and salespeople, the products are extremely user friendly and 100 percent intuitive.Notably behind the latest funding round is Draper Triangle Ventures, also out of Pittsburgh, along with Camp One Ventures and […]
<![CDATA[.boilerplate-before
color: #000;
font-size: 100%;
line-height: 25px;
margin-bottom: 18px;
]]><![CDATA[.post-boilerplate
margin-bottom: 2em;
]]>How can you leverage mobile to increase profitability for your company? Find out at MobileBeat, VentureBeat’s 7th annual event on the future of mobile, on July 8-9 in San Francisco. Register now and save $200!Do you know what your true skin tone and undertone are? What about how your skin has changed over […]
Australian multi-service bitcoin company digitalBTC will make history today as the first cryptocurrency-focused company to trade on a major mainstream stock exchange.DigitalBTC, which began as a mining operation but also engages in bitcoin trading and is developing retail and consumer applications, debuted on the Australian Securities Exchange (ASX) this morning as Digital CC Limited (trading as digitalBTC; ASX code: DCC).The […]
Thought Leaders in Big Data: Don DeLoach, CEO of Infobright (Part 6)Posted on Saturday, Jun 14th 2014Sramana Mitra: I heard you speak multiple times about the Internet of Things – that you are aligning your company against that trend. What blue-sky opportunities or white spaces would you draw the attention of entrepreneurs to?Don DeLoach: Not in an effort to be […]
Accessibility has turned out to be the unifying theme for analytics this week, with a slew of updates pushing the envelope on ingesting and processing data. Taking the cake is Facebook’s decision to open-source Haxl, an internally-developed library designed to make it easier to pull information from multiple sources.Written in Haskell, a language that is particularly well-suited for analytics thanks […]
Fishing for opportunities in battered sectors can be a frustrating experience.
Just because a particular sector or industry has seen difficult times and prices have declined to bargain levels does not necessarily mean a turnaround is imminent.
Quite often, things continue to worsen for a period of time and the bargains become even cheaper before things begin to improve.
This is particularly true […]
The U.S. equity markets have lately been testing uncharted territories, with two out of three major indices scaling record highs amid questionable fundamentals. Both S&P 500 and Dow Jones closed at new lifetime highs last Monday.In the face of a mixed bag of economic news, and continued uncertainty in overseas markets, Bullish traders remain at the helm in shaping the […]
