Yesterday, Salesforce.com acquired RelateIQ for $390 million. With Dreamforce right around the corner, this was a significant — and smart — move on the part of Salesforce.com to show the industry that it is finally serious about data intelligence, which it completely lacked in its customer-relationship management (CRM) offerings to date.Salesforce.com remains kingSome viewed this as a preemptive strike similar […]
The Fed says the economy remains healthy enough that it will continue to taper back its QE stimulus at a rate of $10 billion a month, with plans to have it at zero by October.Speculation now is on when it will begin the next step toward returning its monetary policy to normal, by beginning to raise interest rates from their […]
Stock Market RisingStock-Markets / Stock Markets 2014Jul 09, 2014 – 04:48 PM GMTBy: Anthony_CherniawskiGood Morning!Considering that the FOMC minutes are being released at 2:00 pm today, it would normally follow that equities may stay elevated until then.There are three waves in the decline so far. If the SPX has a limited bounce and declines at least to mid-Cycle support at […]
Stock Market Second Day of SellingStock-Markets / Stock Markets 2014Jul 09, 2014 – 12:02 PM GMTBy: PhilStockWorldCourtesy of Doug Short.Another day of no economic news coupled with fretting about Q2 earnings took its toll on the market. The S&P 500 opened in the shallow red at its intraday high and sold off to its -0.92% intraday low early in the […]
Imagine that your local ambulance and fire dispatch runs on an algorithm developed with the help of the data scientists who built Lyft’s grid-optimization system.Bayes Impact, a big data focused nonprofit, launched its fall 2014 fellowship last week to make that actually happen.Former Eventbrite lead data scientist Paul Duan, nonprofit veteran Andrew Jiang, and former Thomvest Ventures analyst Eric Liu founded […]
Looking to harness the flood of data streaming from every networked and sensor-enabled smart device, computer, and machine that circumscribe our modern world, FuturePerfect Ventures has launched a small venture fund to focus on the bedeviling problem of big data.Founded by Jalak Jobanputra, the former director of mobile investments for the Omidyar Network, and previously senior vice president of the […]
Knowledge really is power, and as data science becomes more intertwined with the agriculture industry, farmers have more and more questions about the vast amount of data they generate each year.An emerging sector of farmers can monetize their data with services from companies like Monsanto or Pioneer. Those services aggregate field-level data together from different areas and make crop management […]
Data collection and exploitation is a growing phenomenon; in response to industry and grassroots demands the European Commission is today calling on national governments to wake-up to this “big data” revolution.Vice President Neelie Kroes said “It’s about time we focus on the positive aspects of big data. Big data sounds negative and scary, and for the most part it isn’t. […]
Benchmarks finished mostly lower on Monday following mixed economic numbers. A gauge of pending home sales numbers hit its highest level in eight months in May. However, data from the Institute for Supply Management showed Chicago PMI numbers dropped more than expected. For the month, the S&P 500 settled in the green and recorded its best quarterly gains since 1998. […]
Technology and small-cap stocks ensured a positive finish for benchmarks on Friday. However, gains were kept in check following a drop in DuPont’s stock. Shares of the company declined after it cut its operating profit forecast for the second quarter and the full year 2014. Markets also received positive economic data on consumer sentiment. Benchmarks had a mixed finish for […]
