GraphLab Raises $6.75M For Data Analysis Used In Consumer Recommendation Services
GraphLab, the open-source distributed database, has received $6.75 million from Madrona Venture Group and NEA for its machine learning technology used to analyze data graphs for recommendation engines. Developed five years ago at Carnegie Mellon University five years ago, the open-source data analysis platform takes semi-structured data that describe relationships between people, web traffic, product purchases and other data. It then analyzes that data for services to provide online recommendations. Graph databases, similar to Graphlab, have increased in use as more data needs correlating to better understand its meaning. Wikiepdia describes graph database in the context of graph theory. It applies mathematical structures “used to model pairwise relations between objects. A graph in this context is made up of vertices or nodes and lines called edges that connect them.” It’s the ability to make the connections between billions of nodes and lines that forms the basis for making recommendations. ...
Fish piracy costs $10 billion to $23 billion a year -report
WASHINGTON - Fish piracy - seafood caught illegally, not reported to authorities or outside environmental and catch regulations - represents as much as $10 billion to $23 billion in global losses each year, a non-profit conservation group estimated Wednesday.
Found 1 week ago on channel Reuters
Facebook To Build A $1.5 Billion Data Center In Iowa
Facebook is planning to build a $1.5 billion data center project in Altoona, Iowa, that will cover 1.4 million square feet and serve as what the company says will be “the most advanced data center in the world.” The Des Moines Register, quoting sources in the state legislature, said the data center, code-named “Catapult,” will be built in two $500 million phases. When completed the total cost of the data center will hit the $1.5 billion price tag. As part of the deal, Facebook is also seeking wind energy production tax credits that would require legislative action. The Des Moines Register further reports that “the Iowa Economic Development Authority Board and Altoona’s City Council are expected to consider incentives for the project on Tuesday. State leaders have repeatedly declined to comment about the project. Facebook also has declined to comment.” Iowa has been competing fiercely for it with Nebraska over the past several months. The Register reports that the Facebook facility ...
Largest DDoS In History Reaches 300 Billion Bits Per Second
An anonymous reader writes "The NYT is reporting that the Largest DDoS in history reached 300 Gbps. The dispute started when the spam-fighting group Spamhaus added the Dutch company Cyberbunker to its blacklist, which is used by e-mail providers to weed out spam. Millions of ordinary Internet users have experienced delays in services like Netflix or could not reach a particular Web site for a short time. Dutch authorities and the police have made several attempts to enter the bunker by force but failed to do so. The attacks were first mentioned publicly last week by Cloudflare, an Internet security firm in Silicon Valley that was trying to defend against the attacks and as a result became a target."
Ex-JPMorgan executive tries to dodge harpoon of "whale" losses
WASHINGTON - Ina Drew, the former JPMorgan Chase & Co executive who earned millions while in charge of the unit that made the disastrous "London whale" trades, refused on Friday to accept responsibility for the $6.2 billion in losses revealed last year.
Found more than 1 month ago on channel Reuters