Big Data is the new Artificial IntelligenceThe failure of Artificial Intelligence. Back in the 1980s there was a popular field called Artificial Intelligence, the major idea of which was to figure out how experts do what they do, reduce those tasks to a set of rules, then program computers with those rules, effectively replacing the experts. The goal […]
For the first time in quite some time we got yet more dovish words from the ECB and hawkish, no action again. Yet, this time, rather than the euro rallying the lack of action did not price support the euro. This is interesting and possibly meaningful price action.“QE was discussed” was about as dovish as the language got as inflation […]
CMEE-mini S&P 500 FuturesToday’s global market sell-off really got started once China’s ugly HSBC flash manufacturing PMI report crossed the wires. Falling to a seven-month low of 48.3 in February, the PMI index suggested that the world’s second largest economy was decelerating more than expected.It’s worth noting that this narrative is almost identical to one we heard exactly one month […]
Talend, an open-source data integration company based in Los Altos with offices in Paris, has raised $40 million from Bpifrance and Iris Capital with participation from existing investor Silver Lake Sumeru. Talend will use the investment to pursue an IPO and be more aggressive in its product roadmap, particularly with a focus on Hadoop technologies. In total, Talend has now raised $101.6 million.With the funding, Talend will […]
