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Analytics/Big Data

AWXII - Day 3

Facebook Cancel Ad Projects Due to Bots and Low Quality Ads

Atlas Solution, a subsidiary of Facebook on Monday confirmed to cancel plan to integrate buying platform to its advertising platform. Bots and low quality ads has been the main reason.

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Nasdaq signage and logo on black background in New York City...

Palo Alto Networks, Splunk and Salesforce Drove Nasdaq Up

Following slow start of the year, tech companies began to come to life. As Palo Alto Networks, Splunk and Salesforce.com brought Nasdaq to soar 2% in the last five trading days.

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SINGAPORE-ASIA-AVIATION

NASA, Lockheed Martin Collaborate For Quieter 'X-Plane' Project Worth $20 Million

NASA is to built quieter supersonic jet planes that will one day replace passenger jet planes. The $20 million contract was given to Lockheed Martin which will collaborate with NASA for reviving supersonic aviation feasibility studies.

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CeBIT 2015 Technology Trade Fair

Alibaba Resort to $4 Billion Loans For Expansion From Respective Banks

Alibaba plans of expanding and venturing into other business the reason it is seeking $4 billion in loans. It is already in talks with several banks and the request will be finalized by next month.

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The First G20 Finance Ministers And Central Bank Governors Meeting Opens In Shanghai

PBOC Governor: China's Economy Is In Good Shape

PBOC governor Zhou Xiaochuan is confident to say that China's economy is healthy along with the assurance that yuan will not be devalued again and that the country has enough monetary tools to support the economy.

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Facebook Debuts As Public Company With Initial Public Offering On NASDAQ Exchange

Fenwick & West Survey Finds Valuations in Silicon Valley Weakening

The latest quarterly survey of Fenwick & West LLP found most Silicon Valley companies that raised venture funding in the fourth quarter of 2015 softened.

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Man and computer. Photo illustration. AFR Generic.

Qubit Big Data Analytics Scored a $40 Million Series C Funding

London-based Qubit received a Series C funding of $40 million. Goldman Sachs was leading the funding for the big data analytic platform which was announced on Monday.

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SalesForce.com CEO Marc Benioff Rings NYSE Closing Bell During DreamForce 2011

Salesforce acquires technology startup PredictionIO

Salesforce has been on acquisition spree and latest PredictionIO is the 36th acquisition for it. Salesforce will further enhance technology applications range in machine learning and big data analytics.

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HSBC Announce Plans To Remain In The UK

HSBC Biometrics Prevent Hackers and Identity Theft

This summer HSBC will allow 15 million customers to use the biometric system where account owners can access their accounts online through their fingerprints or voice. This scheme would make hackers and identity thefts difficult to mimic the real owners.

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Hands On Computer Keyboard

Palantir Technologies Acquire Kimono Labs to Strengthen Its Data Extraction Capacity

Data analysis company Palantir Technologies Inc acquired Kimono Labs to increase its data collection capacity. Following the acquisition, Kimono Labs will shut its service on February 29, 2016.

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HSBC Holdings Plc Building As Board Mull Headquarters Decision

HSBC Board Opts For Headquarters In London

London is the core economic hub of Europe. Leaving out from the European Union will force the businesses to be pulled out from the UK, argue some analysts. However, HSBC Board’s decision to retain headquarters in London appears to be the best answer to the believers.

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US-BUSINESS-SPRINT

Standard & Poor's Demoted Sprint's Credit Rating on Tuesday

S&P rating service on Tuesday downgraded Sprint credit to B, citing a challenging environment for the wireless industry. Morningstar and Moody have also demoted Spring credit rating.

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China CITIC Bank Corporation Limited Makes Hong Kong Trading Debut

MSCI to delist few Hong Kong shares over high shareholding concentration

MSCI to delist Hong Kong firms over high shareholding concentration. The companies eliminated will not be eligible for enclosure in MSCI Global Investable Market Indexes until adequate public disclosure on their stockholdings is produced.

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Automakers Head To Silicon Valley For Apps, Startup Mentality

CarGlass Inc, Car Digital Media Service Provider Landed a $3 Million Seed Funding

Provider of drivers' digital media, CarGlass Inc received a $3 million seed funding from two investors. The company focuses on providing digital media content to drivers safely and intelligently.

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Silhouettes

Lexumo Received a $4.89 Million Seed Funding From Three Investors

Accomplice and two other investors provide seed funding to Lexumo. The company provides a unique platform to continuously check the security of every open source code available in the world.

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