Ideas

From Wikipedia: an algorithm is an effective method expressed as a finite list of well-defined instructions for calculating a function. Algorithms are used for calculation, data processing, and automated reasoning. In simple words an algorithm is a step-by-step procedure for calculations. Now let’s analyze OkCupid.com it is a famous web site. On 2-Feb-2011 Match.com had acquired OkCupid for $50 million in cash. Many users expressed distress, worrying that they would now have to pay for...

This is the place of Carrier Hotel in Manhattan. This is the place where the internet fiber channel cables come out. And then the web is distributed to the other buildings. As you might imagine seconds count when it comes to high frequency trading. The question is “what if I was a few milliseconds infront of my competitor?” Could speed of data matter in such cases. Could a distance of few blocks create a significant...

Cinematch, Dinasour Planet, and finally Pragmatic Chaos –predicting what movie you might want to watch- is determining  60% of the movies being rented. Pragmatic Chaos got the 1 million dollar prize. Prize for reading what is in your brain. The above photo is from the ceremony in New York City. (20 Sept 2009) for more photos visit. On the other side of the equation we have companies like Epagogix. In their web site they define...

After a few days From http://www.michaeleisen.org/blog/?p=358  Michael Eisen’ Blog: “….But two questions remained. Why were they doing this, and how long would it go on before they noticed? As I amusedly watched the price rise every day, I learned that Amazon retailers are increasingly using algorithmic pricing (something Amazon itself does on a large scale), with a number of companies offering pricing algorithms/services to retailers. Both profnath and bordeebook were clearly using automatic pricing –...