Google’s visionary Project Loon, introduced a year back with the objective of using balloons for connecting rural, remote, and underserved areas and for helping with communications after natural disasters announced a fresh update yesterday. They have developed autofill equipment that will be capable of filling large volumes of air into

Weeks before the release of their paper, “Quantifying the semantics of search behavior before stock market moves”, Dataconomy met with Dr. Suzy Moat and Dr. Tobias Preis to discuss their research on predicting the stock market by analyzing Google and Wikipedia searches. The initial two studies — which asked the

Steve Ballmer, former Microsoft CEO and Harvard alumnus; who announced a significant donation to the Computer Science Department at Harvard last week is advocating machine learning as the next era of computer science. Ballmer expressed his excitement about the ability of computer and IT to process huge amounts of data

In a recent controversy Uber was slapped with “sexism and misogyny” accusations by Pando Daily’s Sarah Lacy. She stated in her article “I still can’t believe that an office of Uber a Company valued at $18 billion and held up as a bastion of modern entrepreneurship — posted an ad

Skillsoft has completed a series of live customer pilots as part of its goal to deliver an enhanced adaptive learning experience through big data. The efforts are powered by combining data from Skillsoft’s 19 million users across 60,000 learning assets with IBM Research’s big data and analytics capabilities. The results

Google and Stanford have combined the best of neural network models from two independent researches to create systems that can accurately describe images. Automatically describing the content of an image is a fundamental problem in AI that connects computer vision and natural language processing. Google in a recent paper presented

In a recent outburst, Elon Musk spoke about the existential threat that AI poses to humanity. Amongst other sceptics Elon Musk debates the singularity theory — a hypothetical future moment where software becomes self-aware and smart beyond our capacity to understand. The debate sparked recently after Elon commented on on

KAUST has selected a trifecta of Cray’s storage, analytics and supercomputing systems from global supercomputer leader Cray Inc in a $80 million contract. Cray’s Adaptive Supercomputing vision is focused on delivering innovative next-generation products that integrate diverse processing technologies into a unified architecture, allowing customers to meet the market’s continued

Fitness tracking wearable tech by Fitbit is now being used to support legal claims in personal injury cases, setting a legal precedent for the use of personal data. A team of Calgary-based lawyers representing a woman who was injured in an accident four years ago, and has been using her

Max Kanaskar is an Associate for Strategy& (formerly Booz & Company). He has extensive experience in IT capability development and data management, and has advised companies in transformational data management programs, including data strategy, management and governance. He’s a regular commentator on big data and technology. His views can be found