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Globalization

Tinker, Tailor, Soldier, Spy: Largest Cyber Attack In History Slows The Internet

The last two days have seen one of the most interesting and disturbing examples of the ongoing problems with Internet security, and the potential of contending with anonymous groups and aggressive governments who use the Internet for hostile purposes. We have just experienced the largest Internet cyber attack in history. The New York Times, The Guardian and host of other global media and technology news sources, and blogs have seized on this story. Internet experts are pessemistic that anything can be done to defend against this situation, or any other similar attack, other than to find and prosecute the perpetrators. Some experts have speculated that another attack on this scale could have grave consequences for global banking and investment trading systems.

Internet Infrastructure

5 Ways Big Data Is Going To Blow Your Mind

Call it whatever you want — big data, data science, data intelligence — but be prepared to have your mind blown. Imagination and technology are on a collision course that will change the world in profound ways. Some people say big data is wallowing in the trough of disillusionment, but that’s a limited worldview. If you only look at it like an IT issue it might be easy to see big data as little more than business intelligence on steroids. If you only see data science as a means to serving better ads, it might be easy to ask yourself what all the fuss is about. If you’re like me, though, all you see are the bright lights ahead. They might be some sort of data nirvana, or they might be a privacy-destroying 18-wheeler bearing down on us. They might be both. But we’re going to find out, and we’re we’re going to find out sooner rather than later. This is because there are small pockets of technologists who are letting their imaginations lead the way. In a suddenly cliché w

The Cloud

Big Data Is Still Hard, But It Gets Better

When it comes to using big data, there are still bottlenecks. Many of these are around the tools that people use to try to make sense of massive amounts of information.
What’s standing between your staff and big data analysis? That was the existential question posed of DJ Patil and Jeff Hammerbacher at the GigaOM Structure:Dataevent today in New York. The two had different takes on how easy it was to give people the power to use data, with Hammerbacher, who is the co-founder of Cloudera, saying that it’s pretty simple today.

United States

Alberta Bitumen Bubble And The Canadian Economy: Industry Analysis Case Study

The Canadian media (CBC, Globe & Mail, Canadian Business) have been buzzing with analyses of Alberta Premier Alison Redford’s pronouncement last month that the “Bitumen Bubble,” is now crashing down on the Alberta economy, and potentially the entire Canadian economy. The Alberta budget released last Thursday, March 7, acknowledged a $6.2 Billion deficit from this year, and “even larger declines in the next several years,” due to forecasts for significant price decreases for “Western Canada Select” (WCS), the market term for Alberta oil sands oil. Canadian Finance Minister Jim Flaherty echoed the impact of reduced oil sands revenue on the federal budget, by warning of significant cutbacks in federal spending as well. The impact of this sudden change in the prospects for the Canadian petroleum industry and for government oil tax revenues, will likely also have serious implications for the BC economy, jobs growth, business investment, consumer spending: essentially the Canadian economy as a whole will suffer.

Mobile OS

Silicon Valley's Misguided Love Affair With An "App" For Everything

The knee jerk joke of “There’s an app for that!” isn’t really that funny. Many experienced Silicon Valley veterans have complained loudly about the current malaise of misplaced infatuation with mobile apps, as the apparent end all and be all of Silicon Valley. Vinod Khosla, Marc Andreeson, Max Marmer and a laundry list of others have asked rhetorically how Silicon Valley could have lost its way so badly? Silicon Valley was founded on Big Ideas.

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