Generation X — not millennials — is changing the nature of work
Hedge Funds That Use AI Just Had Their Worst Month Ever
Chalk one up for the humans.
Hedge funds that use artificial intelligence and machine learning in their trading process posted the worst month on record in February, according to a Eurekahedge index that’s tracked the industry from 2011. The first equity correction in two years upended their strategies as once-reliable cross-asset correlations shifted.
While computerized programs are feared for their potential to render human traders obsolete, the AI quants lagged behind their...
The Toolset of an Elite North Korean Hacker Group on the Rise
NORTH KOREA'S MOST prolific hacking group, broadly known within the security community under the name Lazarus, has over the last half-decade proven itself one of the world's most internationally aggressive teams of intruders. It has pulled off audacious attacks around the globe, from leaking and destroying Sony Pictures' data to siphoning of tens of millions of dollars from banks in Poland and Bangladesh. Now, security researchers have detailed the capabilities of...
Facebook Acquires ID Verification Startup Confirm.io
(Reuters) — Facebook Inc is buying a software firm that specializes in authenticating government-issued identification cards, the two companies said on Tuesday, a step that may help the social media company learn more about the people who buy ads on its network.
U.S. lawmakers have expressed alarm at Facebook’s limited ability to know who is buying advertisements, including election-related ads, on the world’s largest social network.
Boston-based Confirm Inc, which is...
Companies race to gather a newly prized currency: Our body measurements
The first step for a shopper buying a suit at the fast-growing menswear retailer Indochino is sharing his personal information: A salesperson armed with an iPad measures nearly everything on his body, from the distance between his belly button and rear to the circumference of his knees.
The next step is getting a customized, made-to-measure suit delivered to his home within a few weeks. But his body data lives on:...
Commentary: The Trend That’s Killing Startup Innovation
Mergers and acquisitions in the high-tech sector have reached historic levels. Deloitte projects “M&A activity to continue accelerating” in 2018, driven mostly by technology acquisition as the big players gobble up the smaller innovators. Big tech is flush and ready to buy out any upstarts with technology that represents a threat. In this competitive landscape, tech startups face a dilemma: take the deal or go it alone?
There is no easy answer...
Walmart vs Amazon vs Delivery Apps, Who Wins the Grocery Wars?
The Automated Grocery War Between Walmart, Amazon and Delivery Apps
Amazon is making big strides to compete with Walmart for the grocery market, having purchased Whole Foods for $13.7 billion. This acquisition puts the company in direct competition with Walmart's established online business, currently offering online grocery shopping, delivery (for most), and pickup. Read More...The Brutal Fight to Mine Your Data and Sell It to Your Boss
On May 23, an email landed in the sales inbox of a San Francisco startup called HiQ Labs, politely asking the company to go out of business. HiQ is a “people analytics” firm that creates software tools for corporate human resources departments. Its Skill Mapper graphically represents the credentials and abilities of a workforce; its Keeper...
What to Eat Before You Exercise, According to Science
When it comes to exercise, what you eat and drink beforehand matters. After all, no one wants to cut a workout short because of a food-induced cramp, or call it quits because they haven’t eaten in hours and have no energy. Torey Jones Armul, RD, a spokesperson for the Academy of Nutrition and Dietetics, notes that “the benefit to eating before a workout is that research has shown that...