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Employees to Be Laid off Ahead of eBay and PayPal Split
eBay, one of the largest e-commerce companies has announced a spinoff from its payments service PayPal. Ahead of this move they plan to cut about 7 percent of its staff spreading across various departments. John Donahoe president and CEO of ebay Inc said, “We plan to reduce our workforce globally
True Link Acquires $3.4 Million Funding
Y Combinator backed startup True Link has raised $3.4 million from a group of investors led by Cambia Health Solutions. Kapor Capital, Collaborative Fund and Generator Ventures are also participants. Cambia Health Solutions is a non-profit total health solutions company based in the Pacific Northwest/Intermountain region, serving consumers and communities
10 Big Data Stories You Shouldn’t Miss this Week
This week, a wealth of industry experts shared their insights into the changing landscape of big data with us. On Monday, Chairman of MBN Solutions Paul Forrest shared his thoughts on how big data can become “the bridge” to success. On Tuesday, Jamal Khawaja informed us why we’ve never been
Google to Acquire Mobile Commerce Company Softcard
There are unconfirmed reports about Google procuring mobile commerce company Softcard previously known as ISIS. Catching up with Apple Pay, Google is looking to invest in a similar mobile pay service for Android users. Softcard, similar to PayPal, Google, and Dwolla etc., has been trying hard to hold its ground
Banks Report Difficult Earnings in Last Quarter of 2014
The largest U.S. banks Citigroup Inc., Bank of America, J.P. Morgan, Wells fargo and Goldman Sachs reported their earnings in the last few weeks. It was a rather disappointing last quarter as the earnings fell short of investor expectations. Shares of Bank of America and Citi are both down more
Data Security in the Digital Age: Why We’re More Vulnerable Than Ever Before, and How We Can Change That
It’s not hard to see the importance of security in this new, interconnected, digital world. There is no hiding from the myriad of threats that seek to misuse the explosive growth of retained data and computation that defines the mortal plane. From governments to industry to private citizens, we are
Open Source Software—Altruism or Monetization Model?
The term “open source” was first coined in February 1999, and has continued to gain prominence ever since. Companies are being built around Open Source Software (OSS), with business models to provide technical support, training as well as enterprise feature sets that come at a cost for such software. Cloudera,
2015: The Year that In-Memory Becomes a Mainstay Part of the Enterprise & Startup Database Workflow
Yiftach Shoolman is CTO & Co-Founder at Redis Labs, the largest commercial supporter of Redis with more than 70,000 databases under management and 3,700+ paying customers. Follow him on Twitter. Prediction #1 – The Demand for In-Memory Databases Will Increase The expectation from modern apps is to provide a
10 Big Data Stories You Shouldn’t Miss this Week
TOP DATACONOMY ARTICLES Python Packages For Data Mining “Just because you have a “hammer”, doesn’t mean that every problem you come across will be a “nail”.The intelligent key thing is when you use the same hammer to solve what ever problem you came across. Like the same way when we
How to Build a Community Using Social Media Metrics
An impressive number of businesses dive into social media without a clear vision of what they’re trying to achieve. It’s a sprint to sign up for Facebook, Twitter, Google+ and other networking websites without considering and determining their impact on the business. There’s no point being there if you aren’t sure how to use social media to
