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☆ What protests in China may mean for the economy
▼ + stars: | 2022-11-29 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +8 min

New York CNN Business —Protests against China’s prolonged and restrictive Covid regulations spread across the country over the weekend. Oil plunged and hit 2022 lows on Monday, while shares of companies that rely on China for production felt the heat. Oil prices dropped sharply, with investors concerned that surging Covid cases and protests in China may sap demand from one of the world’s largest oil consumers. They don’t want to end their covid policy but they also want to ensure that the political unrest doesn’t grow. This week is chock full of important economic data releases, many of which will help guide the Fed’s next interest rate hike decision in December.

☆ One of the data field's most prominent technologists is stepping aside as CEO of his startup, which many thought could unseat industry leader Astronomer
▼ + stars: | 2022-11-18 | by ( Matthew Lynley | ) www.businessinsider.com time to read: +6 min

Nick Schrock, creator of orchestration tool Dagster and CEO of Elementl, is moving into a new role. Elementl runs the Dagster tool, an emerging product that competes with Airflow and Prefect. A hot open source project many thought was primed to unseat a data juggernaut is now shifting its leadership as it reckons with increased competition in the race to own a critical piece of data infrastructure. And while there likely remains room for an independent orchestration tool, insiders say it's unclear whether one will be able to substantially challenge Airflow. And there's consistent buzz among insiders over whether Dbt Labs will launch its own proper orchestration product.

Several other Fed officials in recent days have also stressed the need to continue raising rates, albeit at a slower pace. "The Fed is trying to make sure the market doesn't get too ahead of itself," said Tim Holland, chief investment officer at Orion Advisor Solutions. "They're trying to walk this rhetorical tightrope where in between meetings and big data points, they're reminding the market that they're still tightening." Traders are now pricing in 89% odds of a 50-basis-point rate hike from the Fed in December and see terminal rate at around 5% in June 2023. The S&P index recorded no new 52-week high and one new low, while the Nasdaq recorded 12 new highs and 101 new lows.

☆ How a recession could be a huge opportunity for 'upstream' startups
▼ + stars: | 2022-11-16 | by ( Emma Cosgrove | ) www.businessinsider.com time to read: +6 min

But the end of the boom times could spell opportunity for industrial or "upstream" startups. The startups working upstream are rarely household names, and likely never will be. But upstream startups today have an advantage even over their counterparts trying to raise funding in past recession: two years of supply chain pain. But dismissing upstream startups as too niche is short-sighted, said Menlo Ventures partner Steve Sloane, who's led investments in warehousing and robotics startups. Supply chain tech startups raised $41.3 billion in 2021 — a 120% increase in funding for the category since 2019.

☆ Andreessen Horowitz bets millions on emerging startup MotherDuck to build data analytics tech for companies that don't need all the oomph pushed by cloud giants
▼ + stars: | 2022-11-15 | by ( Matthew Lynley | ) www.businessinsider.com time to read: +4 min

CEO Jordan Tigani says it won't replace Snowflake but can carve its own niche in the data market. DuckDB, an open source database and analytics technology, was launched by the DuckDB foundation in 2019 to tackle this problem. It's designed for work with smaller chunks of data, which is the size most companies are actually typically analyzing, Tigani said. The round comes at a $175 million valuation with combined a $35 million series A funding round led by Andreessen-Horowitz and a $12.5 million seed funding round led by Redpoint. It could also be compared to the emerging Snowflake-endorsed data technology Iceberg (3,600 stars).

☆ High-performance computing saves the day
▼ + stars: | 2022-11-14 | by ( Sponsor Post | Sponsored Microsoft Azure | ) www.businessinsider.com time to read: +4 min

Whether there's a cyberattack or a heart attack, Microsoft Azure's high-performance computing solutions and Intel's processing speed empower Dataville's citizens to thwart danger, protect themselves, and innovate to create a better city. Dataville makes sustainable changesWhen Dataville senses that one unscrupulous factory in town is polluting the air, it's able to act quickly. Dataville provides better healthcareWhen Dataville citizens have a health crisis, healthcare providers can save the day. See how Microsoft Azure and Intel can give you superpowers. This post was created by Insider Studios with Microsoft Azure and Intel.

But while the notion of a potential shift in Federal Reserve policy is perfectly reasonable and logical, the word "pivot" - like "transitory" and others before it - should be binned. Shorthand can easily morph into broad-brushed assumptions, leaving traders tied in knots over particular words without really understanding their meaning. When everyone's models are programmed to grab the same word, phrase, or signal, herding behavior and one-way markets can ensue. chartSimilarly, the current obsession on when the Fed will "pivot" away from its most aggressive rate-hiking campaign in 40 years has been perhaps the single biggest driver of financial markets in recent months. chartAvoiding talk of a pivot will reduce the risk of damaging the Fed's credibility in the eyes of some sections of the public and financial markets, as happened with "transitory."

☆ These are the top 25 enterprise technology startups powering the economy
▼ + stars: | 2022-11-07 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +1 min

CNBC's first-ever Top Startups for the Enterprise list highlights startups powering digital transformation, attracting strategic investments and potentially drawing acquisition interest. These are up-and-coming companies built by ambitious, creative, and innovative entrepreneurs who specifically set out to develop the latest technology in business intelligence, IT, cloud, big data, and cybersecurity as companies in all sectors of the economy allocate increasing levels of spending to technology. The 25 startups selected using a proprietary methodology have raised over $14 billion in venture capital, according to PitchBook, at an implied collective valuation of more than $147 billion. Most of the companies on the unranked list use a combination of AI, machine learning, and cloud computing as critical drivers of their business models, and more than a third of the companies provide cybersecurity solutions. Well-funded firms like these are in a particularly good position to meet the needs of large enterprises that are doubling down on emerging opportunities, despite the uncertain economic climate.

☆ Here's how we chose the companies on CNBC's first-ever Top Startups for the Enterprise list
▼ + stars: | 2022-11-07 | by ( David Spiegel | ) www.cnbc.com time to read: +5 min

Over the course of CNBC's ongoing conversations with the members of the TEC, an idea for a new list emerged. It would be a list of enterprise-focused, technology-driven startups powering digital transformation, attracting strategic investments and potentially drawing acquisition interest. And so, we present this first annual list of Top Startups for the Enterprise , powered by the members of the CNBC Technology Executive Council. CNBC reached out to companies from that list of nominees that self-identified as "enterprise" or "B2B" and asked them to opt in to being considered for a new list of startups for the enterprise. In addition to those companies, TEC members were given the opportunity to nominate new companies for the list via an anonymous survey.

☆ Former MoviePass executives face fraud charges
▼ + stars: | 2022-11-06 | by ( Jennifer Korn | ) edition.cnn.com time to read: +4 min

The men each face one count of securities fraud and three counts of wire fraud with a maximum of 20 years in prison. Farnsworth had a first appearance in DC District Court Friday after he voluntarily turned himself in. But MoviePass’ business model was at best unsustainable — and at worst nonexistent. Spikes helped found MoviePass before being pushed out in 2018 after selling the company to HMNY. Details remain scarce, but the company says the new MoviePass will have three pricing tiers that will cost $10, $20 or $30, depending on the market.

☆ Web inventor Tim Berners-Lee wants us to 'ignore' Web3: 'Web3 is not the web at all'
▼ + stars: | 2022-11-04 | by ( Ryan Browne | ) www.cnbc.com time to read: +3 min

It involves a few technologies, including blockchain, cryptocurrencies and nonfungible tokens. Personal data stores have to be fast, cheap and private." "Ignore the Web3 stuff, random Web3 that was built on blockchain," he added. Berners-Lee said people too often conflate Web3 with "Web 3.0," his own proposal for reshaping the internet. "The result was a big data race where the winner was the one corporation that controlled the most data and the losers were everybody else," he said.

☆ Retail investors are dumping most of Big Tech except one stock
▼ + stars: | 2022-11-03 | by ( Michelle Fox | ) www.cnbc.com time to read: +1 min

Retail investors have been shunning most of Big Tech this past week, according to JPMorgan. Strategists at the bank led by Peng Cheng said retail investors dumped $130 million worth of Meta stock, sold $122 million of Amazon and $112 million of Apple. Cheng, JPMorgan's head of big data and artificial intelligence strategies, said the Google parent's stock saw a $137 million boost from retail investors. He also said Alphabet was "the most popular name" this past week. Overall, retail traders bought $2.2 billion in stocks and funds this past week, the second consecutive week of positive inflow, Cheng said.

☆ China pledges high-tech support for climate, environmental problems
▼ + stars: | 2022-11-02 | by ( ) www.reuters.com time to read: +2 min

SHANGHAI, Nov 2 (Reuters) - China will seek high-tech solutions to resolve its complex environmental challenges and make use of innovations in big data, biotech and artificial intelligence to tackle pollution, habitat loss and climate change, it said on Wednesday. The system will be backed by tax incentives and new "green technology banks", and China will also encourage enterprises and financial institutions to provide more support to innovative green technologies, the plan said. China has cut CO2 emissions per unit of economic growth by a third in the last decade, but overall volumes continue to rise. It promised more research to support large-scale demonstration projects and the use of aquifers and oil-bearing formations to contain sequestered CO2. The government will also support research into "deep decarbonisation technologies" in a variety of industrial sectors, including steel, cement, thermal power and agriculture, it said.

☆ France's Atos says several players eyeing its Tech Foundations business
▼ + stars: | 2022-10-24 | by ( ) www.reuters.com time to read: +1 min

PARIS, Oct 24 (Reuters) - French technology consultancy company Atos (ATOS.PA) said on Monday it had been approached by several players interested in buying its Tech Foundations business. "Following rumors in the French press, Atos confirms that, since the presentation of its separation plan at the CMD on June 14, the company has been approached by several players interested in a potential acquisition of its Tech Foundations business," Atos said in a statement. "The possibility that such a mark of interest results in a transaction is very uncertain," it added, without naming any of the interested parties. Register now for FREE unlimited access to Reuters.com RegisterAtos reorganised its business around three divisions earlier this year, with the Tech Foundations unit grouping activities that the company defines as approaching maturity, such as data centres and business process outsourcing. Register now for FREE unlimited access to Reuters.com RegisterReporting by Dominique Vidalon, editing by Silvia Aloisi, editing by Richard LoughOur Standards: The Thomson Reuters Trust Principles.

☆ Italy's Brembo sets up venture capital arm to invest in tech startups
▼ + stars: | 2022-10-19 | by ( ) www.reuters.com time to read: +1 min

MILAN, Oct 19 (Reuters) - Premium brakes maker Brembo (BRBI.MI) said on Wednesday it had set up an internal venture capital unit, called Brembo Ventures, to accelerate the development of technologic solutions to be applied to the automotive industry. A spokesman for the group said Brembo Ventures was a unit and not set up as a proper venture capital fund with an initial financial endowment. Register now for FREE unlimited access to Reuters.com RegisterBrembo Ventures will invest in startups globally, focusing on artificial intelligence, big data, sensors, mechatronics, energy efficiency and sustainability, it said in a statement. "With Brembo Ventures, we are even more structured to seize the market opportunities that can contribute to our goal of redefining future of braking systems and mobility," Brembo's Chief Business Development Officer Roberto Grazioli said. Register now for FREE unlimited access to Reuters.com RegisterReporting by Giulio Piovaccari; editing by Agnieszka FlakOur Standards: The Thomson Reuters Trust Principles.

☆ America's best tool to fight inflation and prevent recessions is facing a dangerous death spiral
▼ + stars: | 2022-10-13 | by ( Austin Clemens | Erica Groshen | ) www.businessinsider.com time to read: +11 min

Threats to truthConsider the many benefits of having a source of trustworthy and publicly available economic data. Of course, private datasets, like those used by Opportunity Insights, the JPMorgan Chase Institute, and Earnest Research, complement federal statistics. In addition to competition from other sources, statistical agencies are facing a lack of money. Sustaining the future of statsThe good news is that statistical agencies are trying to keep up with the times. To continue producing this work, federal statistical agencies need a funding boost.

☆ Long picked for promotion, Xi loyalist Chen may get his chance
▼ + stars: | 2022-10-11 | by ( James Pomfret | ) www.reuters.com time to read: +3 min

Chen, party boss of the southwestern metropolis of Chongqing, is regarded as a steady technocrat and has often espoused Xi's ideologies and policies in public. A native of Zhejiang province in eastern China, Chen spent close to three decades there before being promoted to deputy party secretary in Guizhou province in 2012. In 2017, Chen was parachuted into the more politically challenging position of Chongqing party chief, a clean-up task after the sudden dismissal of Sun Zhengcai in a corruption scandal. Shanghai Party Secretary Li Qiang, another contender for promotion, was also in the group. In Zhejiang, Chen worked as chief editor of the party's main local media organ, the Zhejiang Daily, rising to become propaganda chief for the province.

Oct 7 (Reuters) - Deciding who gets hurt by sweeping new U.S. curbs on selling technology to China will come down in part to what constitutes a "supercomputer," experts told Reuters. Around the world, the semiconductor industry on Friday began to wrestle with wide-ranging U.S. restrictions on selling chips and chip manufacturing equipment to China. Shares of chip equipment makers drooped, but industry experts said a new U.S. definition of a supercomputer could be pivotal to the new rules' impact on China. The new definition is unlikely to change as industry technology improves. "The issue is that the definition of a supercomputer will change over time," he said by email.

In the letter to the FTC, San Mateo, California-based startup Certree said that Equifax and Experian are providing financial incentives like a slice of their revenue to employers to gain exclusive access to payroll data. Equifax also has deals with payroll software vendors that help employers process paychecks. Equifax in March described its Workforce Solutions unit, which included the payroll data on 105 million people, as its "fastest growing, highest margin, and most valuable business," with just over $2 billion in revenue. The company said workers can view or block access to records and that it has improved data security. But in the letter, Certree said the exclusivity deals pose "enormous obstacles."

☆ Why tech workers are quitting great jobs at companies like Google to fight climate change
▼ + stars: | 2022-07-26 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +14 min

"What bigger problem is there to solve for our generation than climate change?" Not only is climate change an existential-level threat to humanity, it is especially dangerous for the poorest communities around the world. "Eventually, it just got to the point where I couldn't justify to myself why I'm still doing something that isn't climate," Kirpichov told CNBC. "It turns out that there are just so many people who are in the same boat," Kirpichov told CNBC. We know Southeast Asia is going to get hit really hard with climate change.

☆ Inside the little-known tool that gives JPMorgan Chase the power to collect data about everything its employees do at work
▼ + stars: | 2022-05-27 | by ( Reed Alexander | ) www.businessinsider.com time to read: +22 min

Insider learned about the WADU system through interviews and leaked internal documents that explain what kinds of data it captures. Though the use of Palantir was reportedly for security purposes, JPMorgan employees who spoke to Bloomberg said the situation quickly escalated. When companies are opaque about how they use employee data, the consequences can be detrimental — from harming employee "engagement" to eroding their "mental health," Garr said. Companies that fail to do this run the risk of cultivating the kind of mistrust that JPMorgan employees claim is running rampant through their ranks. "It does not sit well with me, what they're doing," said the US-based staffer with direct knowledge of the WADU system.

☆ The public cloud is changing how Wall Street works. Here's how the tech is upending everything from trading to dealmaking.
▼ + stars: | 2022-02-23 | by ( Bianca Chan | ) www.businessinsider.com time to read: +13 min

Cloud technology has now percolated through nearly every nook and cranny of Wall Street, affecting everything from investment banking to risk management and marketing. What's motivated the recent trend stems from two things that typically elicit change at financial firms: saving money and moving faster. But at least 30 Wall Street firms and well-known fintechs have publicly sided with one provider as a primary partner. "If you look at Wall Street, they have tens of thousands of people in back offices. Take Citibank, which accidentally wired $900 million to Revlon lenders in what is considered one of the largest blunders ever on Wall Street.

☆ How Databricks CEO Ali Ghodsi went from doing research in a college lab to cofounding the $38 billion big data startup — and what he's learned about leadership along the way
▼ + stars: | 2021-12-10 | by ( Rosalie Chan | ) www.businessinsider.com time to read: +6 min

The most important groundwork for building company culture was a strong founding team, Ghodsi says. Ghodsi arrived at UC Berkeley in 2009 for a year-long program to research machine learning and data processing. Working at European universities, Ghodsi says he was often shut down when proposing out-of-the-box research ideas, but "UC Berkeley was different. Ghodsi went on to cofound Databricks out of a UC Berkeley research lab in 2013. Databricks' founding team was extremely innovative, Ghodsi says, with backgrounds in research and creating open source data project Spark.

☆ Warehouse giants like Amazon and others are desperate for more robots, but human workers worry they make the job more dangerous
▼ + stars: | 2021-08-31 | by ( Andrew Moseman | ) www.businessinsider.com time to read: +12 min

As a new workday dawns in the warehouse, workers take their places around the floor to start their shifts. Amazon, the industry juggernaut, began bringing robots into its warehouses after purchasing the robotics company Kiva Systems in 2012. This year, it launched a billion-dollar fund focused on logistics and supply-chain robotics companies, the biggest splash in a sea of warehouse robotics investments and acquisitions. A Harvard Business Review survey of 77 warehouse workers in 2022 found that they viewed automation in warehouses slightly more positively than negatively. While workers worried about job loss and dealing with tech malfunctions, they were optimistic that robots could make their work safer and more productive.

☆ „Baze de date – paradigme noi și vechi”. Seminar științific la Universitatea Tehnică a Moldovei
▼ + stars: | 2021-05-17 | by ( Onixmedia Srl | ) diez.md time to read: +5 min

Pe 15 mai 2021 Departamentul Ingineria Software și Automatică (DISA), Facultatea Calculatoare și Microelectronica (FCIM), Universitatea Tehnică a Moldovei a organizat Seminarul științific în format online cu genericul „Baze de date – paradigme noi și vechi”, evenimentul fiind dedicat Zilei Mondiale a Telecomunicațiilor și Societății Informaționale, marcată anual la 17 mai. Fiind martorii unei expansiuni imense a datelor din ultimul timp, precum și a importanței în continuă creștere a acestora, studenții au căutat în lucrările lor să identifice și să expună diverse tehnici, instrumente, dar și soluții care să contribuie la valorificarea datelor. TI-185), „Vulnerabilități de securitate în BD și măsuri de prevenire a lor” (Vlad TOACĂ, gr. TI-171), „Interacțiunea integrată a MongoDB și MS SQL Server” (Andrei TÎRSÎNA, gr. TI-171), „Sisteme de baze de date distribuite și paralele” (Alexandra GAINA, gr.

Persons: Dorian SARANCIUC, Anastasia, Vlad, Maxim, Vladimir, Daniel, Andrei, Ion, Bogdan KALINOVSKI, Dumitru PETROV, Alexandra, Dan, DOMINIC, Mihail, Dmitri, Constantin, Arcadie LEAH, Eduard, Oleg LUCAȘ, Alexandru, . Vasilii CREȚU, . Organizations: Universitatea Tehnică a Moldovei, Mondiale, Telecomunicațiilor, Societății Informaționale, UTM, Amdaris, Microsoft Locations: Endava, FCIM

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