For many businesses, big data is superfluous. Except, a recently-published paper on the mathematics of big data reveals, when it isn’t. It turns out there is a kind of data that, like black holes or evil wizards of Middle Earth, only becomes more powerful the larger it grows. What’s more, suggest researchers Enric Junqué de Fortuny, David Martens and Foster […]
Federal Reserve’s decision to further trim the economic stimulus plan dealt a heavy blow to benchmarks yesterday, which were already suffering following dismal earnings releases earlier in the day. Benchmarks hit multi-months low and S&P 500 is now at its worst monthly performance since May 2012.For a look at the issues currently facing the markets, make sure to read today’s […]
Origami Logic, a startup that has created a way for marketers to analyse, visualise and glean insights from the disparate and often impenetrable big data collected by their companies, is today announcing that it has picked up another $15 million in funding, led by Jafco Ventures with participation from existing investors Accel and Lightspeed. Origami Logic is still in stealth […]
The Secret World developer Funcom has been reportedly taken off the Norweigan stock exchange, and has allegedly been visited by members of ‘Økokrim,’ the country’s financial investigation unit.
UPDATE: NewsWeb reports that Økokrim has charged Funcom over suspicions that it infringed provisions of the Securities Trading Act.
The charges relate to information released to the market regarding its MMO The Secret […]
The “Mad Money” host also noted that facing the fear in Netflix was also a winning trade. “We’ve often said Netflix stock is a buy on a pullback if you are lucky enough to get one. Yesterday, we got lucky.” In just one day shares popped almost 7% with the sell-off generating an attractive point of […]
SA Forum is an invited essay from experts on topical issues in science and technology.
Many of us now expect our online activities to be recorded and analyzed, but we assume the physical spaces we inhabit are different. The data broker industry doesn’t see it that way. To them, even the act of walking down the street is a legitimate data […]
On Monday, Apple announced record quarterly sales for the iPhone and iPad, an unexpected uptick in Mac sales, and a profit of $13.1 billion on revenue of $57.6 billion.
None of this has impressed Wall Street. The company’s stock price was down around 8 percent in early Tuesday trading.
So what’s the problem? The experts were expecting Apple to announce iPhone sales […]
This is the end.The market is rolling over. Pain and pestilence await all investors.At least, that’s how it feels after Friday’s drubbing. Stocks took some serious punishment. Relentless selling pushed the S&P 500 down more than 2% on the day.But in reality, our perspective is way off. The market has been much too agreeable over the past year or so. […]
Thought Leaders in Big Data: Naveen Sharma, Chief Innovation Officer, Retail, Xerox (Part 2)Posted on Sunday, Jan 26th 2014Sramana Mitra: Sounds like you have back office services. That’s one of the emerging direction or already in-swing direction for the company, since you are already generating a good $10 billion in revenue from that part of the business. What’s interesting about […]
Dismal manufacturing data from China dragged US benchmarks down to heavy losses yesterday. The Dow dipped for the third-straight day yesterday, which was also its worst session since August. None of the positive domestic corporate results could come to the markets’ rescue. Separately, initial claims rose and existing home sales came in below estimates. Financials were the biggest loser yesterday.For […]
