1. HF traders don't participate in stockholder meetings and thus their trades are divorced from steering company direction.
2. CEOs are focused on next quarter profits and, aside from a few corporate founder CEOs, are not able to have their company innovate.
The first problem is not specific to HFT. Even buy-and-hold mom and pop cannot influence a stockholder meeting because they don't own enough shares to meaningfully do so. The exception proves the rule: a bunch of Palestinian human rights defenders got together, bought some Caterpillar stock, and got a human rights issue on the agenda. Even with all that effort, the measure did not pass. And it was a large effort in coordinating. Individual stockholders usually do not organize, coordinate and campaign. (The "transaction cost" is too high.)
The second problem is caused by SEC, SOX and CEO compensation structure, not by HFT. The HBR article suggests without actually accusing that HFT is the cause.
HFT serves little purpose other than providing market liquidity (and even at that arguably harms it given the flash crash), but it's not to blame for the above two pre-existing problems of today's markets of publicly traded companies.
A hallmark of NoSQL is horizontal scalability. The lack of schema in NoSQL was a brief rebellion against ivory tower DBAs that has since been regretted once it was realized that merely transferred the schema and schema versioning implicitly into the source code, and spread throughout it. Sounds like PostgreSQL got the bad part of NoSQL but not the good part.
clicking Like shares anything you watched and what you are watching, not just the original video, essentially making your history available without your consent
Indeed, this shows why we still need the now-amended VPPA.
The blog author is wrong on this one. The original GigaOm article the blog author was commenting on was much more factual.
The author of that Economist piece not only lacks understanding of Montessori, he has, as far as I can tell from Google searches, invented the term "Montessori Management." He gives no evidence or citation that open floor plans come from Montessori rather than the generally accepted Henry Ford factories and subsequent secretarial pools. See also the critical reader comments to that Economist story.
In the interests of balance, if you work in an open plan office that's her fault.
On the contrary, the open floor plan has its roots in the 20th century philosophy of Modernism combined with a focus on industrial efficiency by early 20th century industrialists. Maria Montessori, in contrast, adapted traditional values to the modern era. The multiple ages grouped together doing work simulates the traditional large family (plus cousins). One of the problems she was addressing was the dual-working-parents leaving their children to play in the stairwells of apartment buildings. And, really, what is the alternative for a preschool? Walls, offices, and cubicles? The need for adult supervision in a preschool dictates the open floor plan there, Montessori or not.
Dr. Maria Montessori, who before becoming a doctor and then an educator, was an engineering major and loved the math portion of it. Thus in her method that she devised 100 years ago, five-year-olds learn the 3D-geometric equivalent of binomials and trinomials from high school algebra.
Spark runs programs 100x faster than Apache Hadoop MapReduce in memory
And Tachyon, another component of Matei's Berkeley Data Analytics Stack, boosts Spark another factor of 2-8x by sidestepping JVM garbage collection issues.
To extend an idea oft-expressed here on Slashdot, Microsoft, from its profit perspective, would be wise to give Windows away for free and then three years after a particular release, start charging for security updates.
Yes, the company offering free service if you pay a one-time fee for the hookup (a fairly reasonable one, at that) is totally making the digital divide worse. Clearly.
And the free service is 5mbps, more than fast enough for Khan Academy and Coursera.
It's as if Google realized in advance that the lunatics would scream "digital divide" because they were charging -- at a dirt cheap price -- for a superlative Internet service, so they tried to head that criticism off at the pass by offering a lower-speed free service.
But still the lunatics scream "digital divide". And Slashdot editors gave them a platform.
No. The executive does not have the power until the legislative passes a veto-proof law banning the power. It is supposed to work the opposite way, where a law needs to be approved by both the executive, legislative, and even then the judicial can still strike it down if it deems it unconstitutional.
OK, what is the remedy, and is that remedy provided for in the Constitution?
The courts will just dismiss this case for "lack of standing" as they did his father's lawsuit against Obama for violating the War Powers Act regarding Libya.
The Constitution provides a remedy for the Executive Branch violating laws, and it's not having the Legislative Branch go to the Judicial Branch. Congress should pass a veto-proof law clarifying its intention that universal wiretapping is against the law, and then if the Executive Branch persists, then start impeachment proceedings, where members of Congress act as judge and jury. Rand Paul's lawsuit is nothing but grandstanding -- similar to the conservative all-talk-no-results Republicans have been feeding their constituents for the past half-century, but this time it's libertarian all-talk-no-results. And unconstitutional to boot.
(Congress could conceivably start impeachment proceedings now without first passing clarifying legislation, but impeachment is a card that realistically can be played only once every couple of decades, so you want to make sure. If you don't have the votes for legislation, you sure aren't going to have them for impeachment. (You can also substitute "ethics and political will" for "votes".))
The linked WSJ story says that a creditor to Argentina was seeking the bank records related to the country's 2001 default. That is neither far-reaching nor surprising.
The HBR article notes two issues:
1. HF traders don't participate in stockholder meetings and thus their trades are divorced from steering company direction.
2. CEOs are focused on next quarter profits and, aside from a few corporate founder CEOs, are not able to have their company innovate.
The first problem is not specific to HFT. Even buy-and-hold mom and pop cannot influence a stockholder meeting because they don't own enough shares to meaningfully do so. The exception proves the rule: a bunch of Palestinian human rights defenders got together, bought some Caterpillar stock, and got a human rights issue on the agenda. Even with all that effort, the measure did not pass. And it was a large effort in coordinating. Individual stockholders usually do not organize, coordinate and campaign. (The "transaction cost" is too high.)
The second problem is caused by SEC, SOX and CEO compensation structure, not by HFT. The HBR article suggests without actually accusing that HFT is the cause.
HFT serves little purpose other than providing market liquidity (and even at that arguably harms it given the flash crash), but it's not to blame for the above two pre-existing problems of today's markets of publicly traded companies.
You've made my point. It wasn't called "wardialing" until War Games.
War Games was a documentary of stuff that was already going on, not a source of inspiration
A hallmark of NoSQL is horizontal scalability. The lack of schema in NoSQL was a brief rebellion against ivory tower DBAs that has since been regretted once it was realized that merely transferred the schema and schema versioning implicitly into the source code, and spread throughout it. Sounds like PostgreSQL got the bad part of NoSQL but not the good part.
Indeed, this shows why we still need the now-amended VPPA.
The blog author is wrong on this one. The original GigaOm article the blog author was commenting on was much more factual.
Anything less than 100% back catalog "so fails to satisfy"? I'm not even going to use that three-letter acronym. Childish.
Make eye contact with the interviewers, but then they might notice your crows feet, which could be the real problem.
It reinforces that it's a slow news day at Slashdot.
I found age discrimination 2008-2011 but not now. I expect it will return after the next stock market or dot-com 2.0 crash.
But I'm not in Silicon Valley.
Redneck haircut
A compact 16TB cube:
Total: $759.95
Then for the last 4TB, throw on a $149.99 Seagate Backup Plus 4TB USB 3.0 3.5" Desktop Hard Drive STCA4000100 Black
Slashdot title is misleading, so had to RTFA to find out
Data Science is not "dead", but I've blogged my response: The End of Data Science as We Know It
The author of that Economist piece not only lacks understanding of Montessori, he has, as far as I can tell from Google searches, invented the term "Montessori Management." He gives no evidence or citation that open floor plans come from Montessori rather than the generally accepted Henry Ford factories and subsequent secretarial pools. See also the critical reader comments to that Economist story.
On the contrary, the open floor plan has its roots in the 20th century philosophy of Modernism combined with a focus on industrial efficiency by early 20th century industrialists. Maria Montessori, in contrast, adapted traditional values to the modern era. The multiple ages grouped together doing work simulates the traditional large family (plus cousins). One of the problems she was addressing was the dual-working-parents leaving their children to play in the stairwells of apartment buildings. And, really, what is the alternative for a preschool? Walls, offices, and cubicles? The need for adult supervision in a preschool dictates the open floor plan there, Montessori or not.
Blame Henry Ford instead.
Dr. Maria Montessori, who before becoming a doctor and then an educator, was an engineering major and loved the math portion of it. Thus in her method that she devised 100 years ago, five-year-olds learn the 3D-geometric equivalent of binomials and trinomials from high school algebra.
And Tachyon, another component of Matei's Berkeley Data Analytics Stack, boosts Spark another factor of 2-8x by sidestepping JVM garbage collection issues.
To extend an idea oft-expressed here on Slashdot, Microsoft, from its profit perspective, would be wise to give Windows away for free and then three years after a particular release, start charging for security updates.
And the free service is 5mbps, more than fast enough for Khan Academy and Coursera.
It's as if Google realized in advance that the lunatics would scream "digital divide" because they were charging -- at a dirt cheap price -- for a superlative Internet service, so they tried to head that criticism off at the pass by offering a lower-speed free service.
But still the lunatics scream "digital divide". And Slashdot editors gave them a platform.
Why in the world would they do that? The vast majority of Congress want the government to have wiretapping powers.
I agree with you, but I said "should" not "would".
OK, what is the remedy, and is that remedy provided for in the Constitution?
Who specifically has been harmed in which specific manner? What were the specific monetary damages incurred?
They might be legal but they are certainly unconstitutional by any common sense reading of the Constitution.
Thus Ron Paul's refrain "legalize the constitution."
The courts will just dismiss this case for "lack of standing" as they did his father's lawsuit against Obama for violating the War Powers Act regarding Libya.
The Constitution provides a remedy for the Executive Branch violating laws, and it's not having the Legislative Branch go to the Judicial Branch. Congress should pass a veto-proof law clarifying its intention that universal wiretapping is against the law, and then if the Executive Branch persists, then start impeachment proceedings, where members of Congress act as judge and jury. Rand Paul's lawsuit is nothing but grandstanding -- similar to the conservative all-talk-no-results Republicans have been feeding their constituents for the past half-century, but this time it's libertarian all-talk-no-results. And unconstitutional to boot.
(Congress could conceivably start impeachment proceedings now without first passing clarifying legislation, but impeachment is a card that realistically can be played only once every couple of decades, so you want to make sure. If you don't have the votes for legislation, you sure aren't going to have them for impeachment. (You can also substitute "ethics and political will" for "votes".))
The linked WSJ story says that a creditor to Argentina was seeking the bank records related to the country's 2001 default. That is neither far-reaching nor surprising.