Category Archives: IT

This Gives “Big Data” a Whole New Meaning…

big-bra-man-web

Finding patterns in data in retailing. You just can’t make this stuff up – see the article: How Alibaba is using bra sizes to predict online shopping habits – women that purchased larger bra sizes also tended to spend more overall:

bra-sizes-and-online-spending-power-low-slightly-low-middle-slightly-high-high_chartbuilder

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Filed under Economy, IT

World Economic Forum Issues its “Global Risks 2012” Report

The “Global Risks 2012” report outlines three major global risks:

1. “Seeds of dystopia” – “imbalance between populations of young people with few job prospects, growing numbers of retirees putting pressure on state-run retirement plans and the growing gap between rich and poor.”

2. “Unsafe safeguards” – “’Individuals are increasingly being asked to bear risks previously assumed by governments and companies to obtain a secure retirement and access to quality health care’; The threat of inappropriate or overzealous regulation is another big risk.”

3. “The dark side of connectivity” – “’The Arab Spring demonstrated the power of interconnected communications to drive personal freedom, yet the same technology facilitated riots in London.’”

This being from the World Economic Forum crowd (soon to be meeting again in Davos, Switzerland – 3 cantons removed from my old stomping grounds in Luzern/Lucerne), you should not be surprised to note that it is occasionally a bit self-serving, but the points raised are well worth thinking about.

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Filed under Developing Nations, Economy, IT, Political Risk

Issues with being connected all the time…

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China Wants to Buy Facebook – Gordon G. Chang – New Asia – Forbes

China Wants to Buy Facebook – Gordon G. Chang – New Asia – Forbes.

I suspect that this would make most current Facebook users uncomfortable…

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Filed under China, IT

Microsoft admits Patriot Act can access EU-based cloud data | ZDNet

Microsoft admits Patriot Act can access EU-based cloud data | ZDNet.

“Any data which is housed, stored or processed by a company, which is a U.S. based company or is wholly owned by a U.S. parent company, is vulnerable to interception and inspection by U.S. authorities. “

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Why is European broadband faster and cheaper? Blame the government — Engadget

Why is European broadband faster and cheaper? Blame the government — Engadget.

Want cheaper broadband and communications? Allow more competition…

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You Are More Likely to Survive a Plane Crash than Click a Banner Ad – Business – The Atlantic Wire

You Are More Likely to Survive a Plane Crash than Click a Banner Ad – Business – The Atlantic Wire.

Why bother using them for advertising?

“you are 31.25 times more likely to win a prize in the Mega Millions than you are to click on a banner ad.” Not only that, “you are 87.8 times more likely to apply to Harvard and get in…112.50 times more likely to sign up for and complete NAVY SEAL training…279.64 times more likely to climb Mount Everest…and 475.28 times more likely to survive a plane crash than you are to click on a banner ad.”

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