Uber Turns Passive Data Into Active Earnings
Rumblings about monetizing passive data have been part of the tech sector conversation for years.[...]
Technology
Highlighted,IBM,In Brief,Technology
Under Armour Leverages IBM’s Watson to Challenge Fitbit
Over the last few years, the company has snagged three massive online fitness communities: Endomondo, MapMyFitness and MyFitnessPal. They now control the largest online wellness-focused ecosystem, at 165 million users. And it’s what HealthBox can do with all that data that makes this a compelling package.
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How Much is Cognitive Technology Helping the Raptors?
While it’s tough to gauge Watson’s impact on the current season, the platform is likely learning much as it analyzes players on and off the court. Whatever the case, fans should expect the big data addition to play a bigger role in the Raptors’ strategy going forward.
Funding,Highlighted,Technology
Investors Weigh in on Programming Language Choice
Startups should consider their comfort level with the language, where the market is going and if the language they choose is the best one to reach their goals. While VCs usually don’t try to change decisions around programming languages, the way programs are written could affect investment decisions.
Funding,Highlighted,Technology
Startup Simulations: The Future of VC Funding
Recent advances in gaming and AI are adding another layer of complexity to an already competitive landscape in the form of “startup simulations.” As finance becomes more data-driven, simulations – which have been long been leveraged for gaming – serve a new purpose: determining whether or not a startup gets funded.
IBM,In Brief,Technology
Fans Getting Closer Than Ever to Tour Action Thanks to the IoT
Every bicycle in the race was equipped with GPS sensors and a sophisticated relay system that transmitted data to apps, websites and broadcasters, giving fans and media the ability to track a rider’s progress throughout the race.
Features,Technology
Startups Eat Into The $4.7 Trillion Financial Services Industry
If Goldman Sachs is correct, fintech – which generally refers to “point solutions” created by startups to make payments, loans, and other financial transactions easier than what’s offered by incumbent banks – could displace $4.7 trillion in revenue for financial services firms.
Features,IBM,Technology
Halliburton Chooses IBM Cloud to Help Cut Oilfield Development Costs
Record low oil prices, caused by strong output among oil producing nations amid weaker global demand, have put pressure on producers of the fossil fuel to lower extraction costs.
Highlighted,Profiles,Technology
Cinemagraph Pioneer Flixel Hits a Milestone that Investors Prize
The Flixel startup story includes overcoming tough odds before finally getting their big break with the TV program America’s Next Top Model, and an investment from show’s host, supermodel Tyra Banks. The company’s success has since been propelled by the growing interest brands have in using Flixel’s cinemagraphs on social media sites such as Facebook and Instagram.
Features,IBM,Technology
Canada’s Big Banks Turn to Hackers for Innovation
According to MaRS, the Toronto-based non-profit that commercializes home-grown tech, Canada’s financial center and largest city is ranked ninth globally for fintech innovation. Global investments in the fintech sector jumped to nearly $7 billion in 2014, making it a key area for any city aiming to stand out as a tech ecosystem.
Focus,IBM,Technology
Jeopardy-Winning Supercomputer Could Be Toronto Raptors’ MVP
Big data and artificial intelligence have become game-changers for major league sports — an industry that drives more than $10 billion in economic value — by giving managers increasingly effective tools to bring their teams into the finals.
Startups,Technology
EU Struggles to Unlock Value of a Digital Single Market
The European Commission recently passed the halfway mark in a plan to help revitalize the region’s economy by allowing freer digital trade, an initiative the executive body claims could unleash €415 billion ($466.9 billion) in economic growth through streaming, online shopping, and cloud computing by the end of this decade.
Profiles,Technology
F&B Startup Hungry for Growth, Eyes Big City
7shifts, a mobile- and web-based restaurant scheduling company based in Saskatoon, has recently established a two-person sales team in Toronto — the company’s latest move in an effort to compete with industry leader, Austin-based HotSchedules.
Features,Startups,Technology
VIDEO: Military Experience Powers Tel Aviv Startup Ecosystem
With more startups per capita than anywhere in the world, Tel Aviv is consistently ranked among the world’s leading tech cities, making it a formidable competitor to Silicon Valley, London and Berlin.
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