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Top related persons:
Yipit - 1 Alex Pinsky - 1 Zachary Emmett - 1 John - 1 Carlyle - 1 Sam Bankman - 1 Emmett - 1 Pinsky - 1
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Manhattan Yipit
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Jefferies - 2 MScience - 1 Apple - 1 Service - 1 Business - 1

Search resuls for: "MScience"


2 mentions found


☆ This trade secrets lawsuit has the alternative data industry buzzing
  + stars: | 2024-11-15 | by ( Bradley Saacks | ) www.businessinsider.com   time to read: +3 min
The former employees took "secret information at the heart of Yipit's business" to use in their roles at MScience, Yipit says in its lawsuit. The lawsuit does not name MScience, only Alex Pinsky, Zachary Emmett, and 10 John Does, who "conspired" with the two named defendants. Carlyle-backed data giant Yipit's lawsuit against two former employees — and 10 unnamed "individuals or entities who have conspired" with them — is the talk of the alternative data industry. AdvertisementEmmett tried to conceal the transfers of Yipit's client data when he left the company, according to the lawsuit. Advertisement"Yipit is making sure these guys don't work in alt data ever again," a data executive at a hedge fund said.
Persons: Yipit, Alex Pinsky, Zachary Emmett, John, Carlyle, Sam Bankman, Emmett, Pinsky, MScience, Yipit's Organizations: Jefferies, MScience, Facebook, Apple Locations: Manhattan, Yipit
☆ Hedge funds are planning a 'budget boom' in 2025 for the datasets that cost them millions a year
  + stars: | 2024-09-17 | by ( Bradley Saacks | ) www.businessinsider.com   time to read: +3 min
Nearly all buyers (95%) — including hedge funds, venture capital managers, and consultants — surveyed by research firm Neudata expect their 2025 budget to grow or remain the same. "The mood among alternative data buyers and sellers is one of confidence," the report reads in a section about the expected "budget boom." AdvertisementAnd this boom might hurt hedge funds' wallets. Alternative datasets have become increasingly viewed as table stakes, shifting from "nice to have" to "need to have" internally. There's also a surge of interest in using alternative data backlogs to train AI models, giving long-running alternative data vendors another leg up in negotiations.
Persons: —, There's, Neudata Organizations: Service, Business, Jefferies
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