More data Stories

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The FinTech Innovation Lab, an accelerator program for financial tech startups, graduated its first class on Friday. This first batch of companies is bringing some impressive ideas to bear on data, analytics and payments and showing there’s room for new approaches in the financial sector. Read more »

[OpenStack] looks not only like an open-source alternative to Amazon Web Services and VMware vCloud in the public Infrastructure as a Service space, but also a democratizing force in the private-cloud software space. As my colleague Derrick Harris suggests, the open-source cloud-computing project OpenStack has come a […] Read more »

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Monster.com is getting into the cloud-computing mix with a new “semantic search and analytics platform” service called SeeMore. Merging two hot capabilities — cloud-based delivery and analytics — makes a lot of sense for Monster, which no doubt supplies many companies with a lot of data. Read more »

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ZestCash, a next generation loan-service for the underbanked led by former Google CIO Douglas Merrill, has raised $19 million to expand its data-driven approach to offering short-term loans. The company uses online data to help determine the credit worthiness of customers. Read more »

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What’s Watched uses data from social media and mobile applications to provide media companies with a view into what shows are being watched and who’s watching them. That data is then used to target specific groups of users to increase ratings and grow TV audiences. Read more »

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Yesterday, Google announced a new feature that alerts web surfers when their PCs might be infected with malware, but it’s hardly the only company using big data to fight cybercrime. We’ve covered a handful of them of over the past couple years. Read more »

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Alpine Data Labs, a predictive analytics startup that incubated within Greenplum (now part of EMC), is expanding its support beyond the Greenplum Database and into Oracle’s Exadata appliance and the open-source Postgres database. Alpine tries to distinguish itself by running entirely within companies’ analytic databases. Read more »

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Firehose

Underneath Twitter’s fun and trendy public image, the data streamed through the microblogging service is apparently worth some big bucks. DataSift, one of only two companies authorized to re-syndicate Twitter’s content using its “firehose,” on Monday announced a $6 million venture capital funding round. Read more »

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Big processors or little processors, scale-up or scale-out, on-premise or in the cloud: the answers might not be as easy as one would think. Web-style, scale-out architectures, low-power server processors and cloud computing are getting more attention by the day, but they have their limits. Read more »

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The Internet and social networks such as Twitter are where many people go to research — or just talk about — medical issues. Can researchers discover any useful public-health information by looking at all this crowdsourced data? A new study from Johns Hopkins University suggests that they can. Read more »

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Amazon.com is making what appears to be a big investment in analytic database startup ParAccel. ParAccel today announced the close of a Series E round led by Amazon, bringing the company’s total funding to $73 million. The amount of this round is undisclosed. Read more »

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If you think people are over-sharing on the Internet today, brace yourself, says Facebook CEO Mark Zuckerberg. As the sharing booms, so will the online data. And Facebook plans to build more of its own data centers to deal with the coming data boom. Read more »

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The size of Hadoop deployments appears to have tripled since October, according to statistics that Cloudera is sharing. If accurate, they help prove assumptions that Hadoop usage grows quickly once organizations wrap their heads around how it is used. Read more »

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Twitter announced Tuesday it has acquired BackType, an analytics platform aimed at helping companies and brands gauge their social media impact. The possible rationale for the deal is BackType’s Storm real-time big data processing platform that could help Twitter offer well-defined analytics. Read more »

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Big data — as in managing and analyzing large volumes of information — has come a long way in the past couple of years. Among the greatest innovations might be the advent of real-time analytics, which allow the processing of information in real time to enable instantaneous decision-making. Read more »

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The fight for Hadoop dominance is officially on. While Hortonworks is busy answering questions about its product strategy, Cloudera and MapR will demonstrate new versions of their distributions overflowing with bells and whistles. And there are several other competitive products lurking in the background. Read more »

Tim Moreton CEO of Acunu

Big data can sometimes mean big infrastructure to run everything on, or perhaps it can mean slower performance as the hardware struggles to read from or write to a database, which is why we picked Acunu as one of our Structure 2011 Launchpad companies. Learn more. Read more »

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Hadoop is a very valuable tool, but it’s far from perfect. While Apache, Cloudera, EMC, MapR and Yahoo focus on core architectural issues, there is a group of vendors trying to make Hadoop a more-fulfilling experience by focusing on business-level concerns such as applications and utilization. Read more »

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One of the themes running through many of the projects that won this year’s $5-million Knight News Challenge for media startups is the idea that data — and the ability to filter and make sense of it — can be a powerful tool for digital journalism. Read more »

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Michael Chertoff, the former head of the Department of Homeland Security, said that with the explosion of open data flowing from the Internet and social networks, the key to improved security is to capture that information and analyze it for signals that yield important insights. Read more »

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