Marc

65 Added | 2 Magazines | 12 Likes | 18 Following | 2 Followers | @mopheikens | Keep up with Marc on Flipboard, a place to see the stories, photos, and updates that matter to you. Flipboard creates a personalized magazine full of everything, from world news to life’s great moments. Download Flipboard for free and search for “Marc”

DataTorrent, A Big Data Platform Built On Hadoop, Can Process A Billion Events Per Second

DataTorrent made its primary product, DataTorrent RTS, generally available today. The product is built on top of Hadoop 2.0 and allows companies to process massive amounts of big data in real time.<p>According to Phu Hoang, co-founder of the company, who was one of the first engineers at Yahoo! hired …

Time Buys Seattle-Based Family Organizer Service Cozi

Time, Inc. has acquired Seattle-based Cozi, the makers of a popular family organizer utility for web and mobile, the companies announced on Monday. Founded in 2005 by Robbie Cape and Jan Miksovsky, both previously of Microsoft, Cozi offers a suite of tools, primarily aimed moms, which help with …

Why Websites Still Can’t Predict Exactly What You Want

It should be a golden age for personalization online, and the predictive algorithms that drive it. Data scientists, supported by the stunning growth in the gathering and processing of so-called big data, can extract patterns from massive stores of browsing and sales data in order to predict our …

Your Brain Unplugged: Proof That Spacing Out Makes You More Effective

Andrew Smart wants you to take a break—sit and do nothing. We’re taught that taking on more is better—it makes us more valuable. The reality is that doing too many things makes us less efficient. Andrew argues that our “culture of effectiveness” is not only ineffective, but it can be harmful to …

A Simple Explanation Of 'The Internet Of Things'

The “Internet of things” (IoT) is becoming an increasingly growing topic of conversation both in the workplace and outside of it. It’s a concept that not only has the potential to impact how we live but also how we work. But what exactly is the “Internet of things” and what impact is it going to …

Ten questions for Thomas Piketty, the economist who exposed capitalism’s fatal flaw

Thomas Piketty is in high demand.<p>The 42-year old French economist’s new book <i>Capital in the Twenty-First Century</i> offers a nerve-wracking argument: Because the return on investment tends to exceed the rate of growth, inequality isn’t an unintended consequence but an inevitable part of capitalism, and …

Income Inequality

Why Random is developing an irrational browsing experience

Advertisement<p>4 Comments<p>Sometimes a company is interesting not because of the utility of what it can provide now, but because of the slightly …

The depressing truth behind Michael Lewis’ Flash Boys: Even the world’s top investors don’t understand today’s markets

The ideas aren’t new. Unsavory elements of high-speed computerized trading have been a concern since at least May 2010, when the so-called “flash crash” struck US exchanges. (Die-hard market geeks were concerned long before that.) But Michael Lewis’s new book <i>Flash Boys</i><i>,</i> on the perils of high-speed …

High-Frequency Trading

DRONES: Commercial Drones Are Becoming A Reality, With Huge Impacts For Many Industries

While drones are unlikely to become a part of our daily lives in the immediate future, they will soon begin taking on much larger roles for businesses and some individual consumers, from delivering groceries to revolutionizing private security, to changing the way farmers manage their crops — …

Drones

Silicon Valley Can’t Keep Up With Korea’s Financial Revolution

<i>Jon Norris is a writer for TransferWise who splits his time between the U.S. and the U.K. This post originally appeared on the TransferWise blog and has been republished with permission.</i><p>Until a few years ago, South Korea was promoted by its Tourism Board as “Land of the Morning Calm”. While the …

Paul Maritz says the internet of things has convinced even giants like GE they need to radically shift direction

Advertisement<p>1 Comment<p>Credit: Pivotal CEO Paul Maritz / Jakub Mosur<p>Pivotal CEO Paul Maritz says the potential opportunities — and competitive …

How the Web is Powering The Revolution Underway in Personal Finance

<i>Vincent Turner is the founder and CEO of Planwise.</i><p>In September 2012, I had intended to write a post on how the Internet has changed personal finance. Instead, I discussed that it had yet to, given that some fundamental building blocks to enable that change were only at a nascent stage.<p>Some 18 …

Bankers Find Costs Won’t Stay Cut as New Expenses Mount

U.S. bankers who vowed last year to boost profit by shrinking expenses are finding costs don’t always stay cut.<p>While spending is down at the biggest …

Hot-shot trading units have turned into an albatross for banks

Goldman Sachs’ golden goose looks—if not fully cooked—at least lightly seared.<p>Revenues from a key Goldman trading unit—known on Wall Street parlance fixed-income currencies and commodities (FICC)—once accounted for more than 60% of the firm’s total revenues. These days, it represents just about a …

Markets

Meet Paddle, The Incredible Shapeshifting Smartphone Of The Future

The mobile device can assume the shape of an armband, a phone, a tablet, and more. Welcome to the future.<p>How many gadgets do you tote around at any given time? Your smartphone, of course. But also maybe a tablet or an e-reader or a fitness band or a second smartphone. (Or perhaps all of the above.) …

Learning

Facebook and Twitter Are in a Race to Become Each Other

It’s hard to keep track of how many features social media rivals Facebook and Twitter have lifted from each other over the years. Facebook, …

Airbus to create in-house bank to lend to customers

Airbus is planning to create an in-house bank that will allow it to offer loans and guarantees to its suppliers, as European banks shrink their …

Customers

These adorable robots could someday put construction workers out of a job

Termites have a reputation for breaking buildings down, not constructing them. But that’s about to change. Harvard engineers have used the insects as inspiration for a new robot called the TERMES. One day, they say, it could complete simple construction tasks without any supervision.<p>Why termites? …

Robotics

Is Skynet Inevitable?

<i>CS4FNOur Final Invention: Artificial Intelligence and the End of the Human Era</i><i>, by James Barrat, St. Martin’s Press, 322 pages, $26.99.</i><p>In the new …

This is What Happens When You Teach Machines the Power of Natural Selection

Psychopathic machines? Lethal AI? These are the concepts we should be thinking about when we talk about the benefits of self-improving software. An …

Apple Preparing For Push Into Mobile Payments For Physical Goods, WSJ Reports

A long-rumored move by Apple is reportedly one step closer to becoming a reality today. The Wall Street Journal says that Apple is looking into a way to expand its mobile payments efforts into a means by which its users can pay for physical goods using iOS mobile devices via their existing iTunes …

There could be trouble ahead

THIS week's print edition features a cover package (leader here, accompanying briefing here) on how automation may affect labour markets over the …

Video games change the way you dream

Those hours in an alternate reality are messing with our minds<p>Maybe you're meandering, alone and lost, through an abandoned castle surrounded by a crocodile-filled moat. Suddenly, a flame-breathing dragon hurls towards you, snarling and gnashing its teeth, coming in for the kill. Do you wake up …

Zapier Opens Its Developer Platform, Gives The Everyday Joe A Way To Connect APIs

Zapier, a platform for connecting apps to automate tasks, has been constrained to some extent by the limitations for integrating third-party services. That has changed with Zapier’s update to its developer platform that the company announced this week.<p>The change is noteworthy for, if nothing else, …

The Techno-Militarization Of America

Remember last year? Edward Snowden! NSA! Shock! Horror! Dismay!<p>Looking back I’m amazed we all seemed so surprised. Over the last decade, pretty much every arm of American authority invoked “homeland security” as an excuse to acquire boatloads of new technology, and used it to help expand their …

Micro-Windmills May One Day Power Your Smart Phone

Bigger is better has practically become a rule of thumb in the wind power business.<p>Indeed, the typical wind turbine size has grown from about 300 kilowatts in 1990 to a whopping 7.5 megawatts in 2011.<p>A team of electrical engineers in Texas is challenging the industry’s conventional wisdom by …

With Great Computing Power Comes Great Surveillance

The dark side of Moore's Law<p>Nearly 50 years ago, Gordon Moore suggested that the number of transistors that could be placed on a silicon chip would continue to double at regular intervals for the foreseeable future. Known as Moore’s law, the truth of that observation has made computers cheap and …

5 Smart Home Companies to Watch in 2014

If 2013 was the year smart home became sexy again, 2014 is the year it will go mass market.<p>And while service providers with managed home services are a big part of why smart home is reaching a wider audience, here are some other interesting companies helping to lead the charge in 2014.<p><b>Revolv</b><p>A few …

Prediction 2014: Hardware Is The New Software

The biggest thing that I noticed in 2013 was the amount of energy in small hardware startups. Even without a really robust infrastructure for the Internet of Things (IoT), the same kinds of developers who have been launching software companies are now switching to hardware. In truth, the line …