Word: algorithmic
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Overwhelmed by investors responding to every little tick of the market, companies that clear trades are easily seeing ten times the usual number of messages that signal the price at which investors want to buy or sell. Traders with algorithm-based strategies are jockeying for space at the computer servers closest to stock exchanges in order to shave milliseconds off their trades. This is what the market has come to: the distance an electron travels makes a difference...
...technology for analyzing large quantities of unstructured text to Crimson Hexagon, Inc., a start-up co-founded by Government Professor Gary King last year. King, who developed the technology with a team of researchers at the Institute for Quantitative Social Science, said in an e-mail that the algorithm can can sort through thousands of blogs, books, articles and other sources of information in real time and extract a common opinion. In 2007, King founded Crimson Hexagon with Candace Fleming—a Harvard Business School graduate—and serves as its “Chief Scientist...
...socioeconomic status rather than race, in a hearing last night. At the meeting, held by the school community relations subcommittee, parents pleaded for more access to information and a more humanized approach. Controlled choice allows parents to submit a ranked list of preferred elementary schools but ultimately uses an algorithm that assigns students to fulfill set demographic ratios. Cambridge parent Raymond Traieth, who said he believes controlled choice has failed, said the “cold cynicism” of the program alienates people from the values it was meant to support. Many parents asked that the school district provide...
...with one click. These if-you-like-that-then-you'll-like-this music discovery services have been around since the mid-1990s. It's hardly the kind of zowee innovation we've come to expect. (And for the record, I have to say, Genius, whose super-secret algorithm makes recommendations by comparing your personal iTunes library to all the music that users have bought on iTunes, seemed a little unimaginative. During a Genius demo, Jobs played Elvis Presley's "Heartbreak Hotel"; you might be surprised to learn that if you like "Heartbreak," you might also like Dylan's "Blowin...
...Associate Dean of the College Judith H. Kidd called the current resrictions for usernames “dehumanizing.”“I’m all for anything that anyone can do to allow them to use their full names,” she said.The algorithm currently used to assign usernames forms an e-mail address from a combination of the individual’s first and last names. And students with popular last names such as “Chen” or “Smith” will often have numbers attached to their...