- Latest Tablets (Luke Wroblewski) — table showing the astonishing variety of tablets released in the last two months.
- Google Code-In Contest for High Schoolers — an international contest introducing 13-17 year old pre-university students to the world of open source software development. The goal of the contest is to give students the opportunity to explore the many types of projects and tasks involved in open source software development. (via Andy Oram)
- Watch Your Incentives — NASDAQ added two new incentives programs, and robotraders responded. On November 1st, there were 369 seconds where the number of quotes in BAC exceeded 17,000; a total of 6.6 million quotes. During those seconds, only 1,879 trades executed. Between market open (9:30am) and 12:45, BAC had 7.8 million quotes and 116,000 trades. Which means 85% of all BAC quotes occurred in those 369 seconds. Which means it is likely that one algo from one firm (all of this quote spam is from Nasdaq) is responsible for 85% of all canceled orders in BAC. (via Robert O’Brien)
- Predicting Web Search Abandonment Rationales (PDF) — Microsoft Research paper on how to predict why people cease to search or to click through on the search results. I’m really impressed by how well they could distinguish “bah, the Internet doesn’t have it, I’m giving up” from “oh, the answer was in a search result snippet, my work here is done.” (via Mark Alen)
ENTRIES TAGGED "finance"
Researchers begin to scale up pattern recognition, machine-learning, and data management tools.
Tablet table, Google contest for students, watch your incentives, research on web search abandonment.
Crowdsourcing Flights, Teaching Programming, Redeploying Finance Engineers, and Recognising Cat Faces
- Flightfox — Real people compete to find you the best flights. Crowdsourcing beating algorithms …. (via NY Times)
- Code Monster (Crunchzilla) — a fun site for parents to learn to program with their kids. Loving seeing so much activity around teaching kids to program. (via Greg Linden)
- Telling People to Leave Finance (Cathy O’Neil) — There’s an army of engineers in finance that could be putting their skills to use with actual innovation rather than so-called financial innovation.
A few early and broad questions in our exploration of NYC's startup community.
Putting high-frequency trading into perspective.
Cyberwarfare needs to be framed far more broadly.
Amazon Royalties Suck, Learn Electronics, Microtasks, and Finance Considered Harmful
- Amazon’s Insanely Crap Royalties (Andrew Hyde) — Amazon offers high royalty rate to you, but that’s before a grim hidden “delivery fee”. Check out Andrew’s graph of the different pay rates to the author from each medium.
- SparkFun Education — learn electronics from the good folks at SparkFun.
- TaskRabbit — connects you with friendly, reliable people right in your neighborhood who can help you get the items on your To-Do list done. Lots of people and projects sniffing around this space of outsourced small tasks, distributed to people via a web site.
- Henry Ford on Bootstrapping (Amy Hoy) — Amy has unearthed a fascinating rant by Henry Ford against speculative investment and finance. I determined absolutely that never would I join a company in which finance came before the work or in which bankers or financiers had a part. And further that, if there were no way to get started in the kind of business that I thought could be managed in the interest of the public, then I simply would not get started at all. For my own short experience, together with what I saw going on around me, was quite enough proof that business as a mere money-making game was not worth giving much thought to and was distinctly no place for a man who wanted to accomplish anything. Also it did not seem to me to be the way to make money. I have yet to have it demonstrated that it is the way. For the only foundation of real business is service.
How Facebook stacks up against other tech IPOs.
This week's visualization comes from The New York Times and compares the last 30 years of tech IPOs (hint: watch for the big blue dot).
Objectivist C, Robotrading, Meme Culture, and Mobile-controlled Peripherals
- Objectivist C — very clever. In Objectivist-C, each program is free to acquire as many resources as it can, without interference from the operating system. (via Tim O’Reilly)
- Zynga and Facebook Stock Oddities (The Atlantic) — signs of robotrading, a reminder that we’re surrounded by algorithms and only notice them when they go awry.
- The Final ROFLcon and Mobile’s Impact on Internet Culture (Andy Baio) — These days, memes spread faster and wider than ever, with social networks acting as the fuel for mass distribution. But it’s possible we may see less mutation and remixing in the near future. As Internet usage shifts from desktops and laptops to mobile devices and tablets, the ability to mutate memes in a meaningful way becomes harder.
- Oh Mi Bod — I was impressed to learn that one can buy vibrators that can be controlled from an iPhone. Insert iBone joke here. (via Cary Gibson)
Being Contrary, Microsoft Tools, JOBS Doom Warnings, and Fibre ROI
- Change the Game (Video) — Amy Hoy’s talk from Webstock ’12, on being contrary and being successful. Was one of the standout talks for me.
- Rise4Fun — software engineering tools from Microsoft Research. (via Hacker News)
- Why Obama’s JOBS Act Couldn’t Suck Worse (Rolling Stone) — get ready for an avalanche of shareholder suits ten years from now, since post-factum civil litigation will be the only real regulation of the startup market.
- Socio-economic Return Of FTTH Investment in Sweden (PDF) — This preliminary study analyses the socio-economic impacts of the investment in FTTH. The goal of the study was: Is it possible to calculate how much a krona (SEK) invested in fibre will give back to society? The conclusion is that a more comprehensive statistical data and more calculations are needed to give an exact estimate. The study, however, provides an indication that 1 SEK invested over four years brings back a minimum of 1.5 SEK in five years time. The study estimates the need for investment to achieve 100% fibre penetration, identifies and quantifies a number of significant effects of fibre deployment, and then calculates the return on investment. (via Donald Clark)