Cybersecurity

Watson Joins Cybersecurity Warriors’ Ranks

IBM this week announced Watson for Cyber Security, a powerful new ally for organizations that want to protect their data from Net marauders. The new offering bolsters the ability of information security pros to analyze the flood of information from the roughly 200,000 events that pour into their Security Operations Centers, or SOCs, every day. As much as 80 percent of it is unstructured data.

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ApprovedBusiness and financeFINANCEFinance and economics

Asia’s exports rebound

IT IS easy to be downcast about the state of global trade. It has faced stiff headwinds in recent years: in 2016, for the first time in 15 years, it grew more slowly than the world economy. Regional and global trade deals are going nowhere, slowly. And America’s new president has promised to protect his country from trade-inflicted “carnage”.

Amid all this gloom, optimism seems foolhardy. But in Asia’s export dynamos, trade is picking up steam. In January, Chinese exports rose year-on-year for the first time in ten months; South Korean shipments have increased for three months in a row. Surveys reveal strong export pipelines in Japan, Singapore and Taiwan. Healthy order books for Asia’s manufacturers normally bode well for global trade and indeed the global economy. It is too soon to declare a definitive upturn in global trade, but it looks like more than a blip (see chart).

The simplest explanation for the rebound is that global demand is itself on solid ground. Global growth is still slower than before the financial crisis of 2008, but is heading in the right direction. Both the IMF and the World Bank think it will…Continue reading

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ApprovedBusiness and financeFINANCEFinance and economics

A bullish case for copper

DURING the commodity “supercycle”, prices largely marched up and down in unison, fuelled by the strength (or weakness) of demand in China. Since last year commodities have again been on a tear, but for more idiosyncratic reasons. In the case of copper, strikes and supply disruptions in two of the world’s largest mines have helped push prices this week to their highest level in 20 months. This fits into a narrative of longer-term potential supply shortages that has investors licking their lips over prospects for the red metal.

A strike that began on February 9th at Escondida in Chile, the world’s largest copper mine, has been compounded by a dispute between operators of Grasberg, another huge copper mine, located in the Indonesian province of Papua, and the government. That led to a halt in copper-concentrate production there, too, on February 10th. The two account for 9% of mined copper supply.

Robert…Continue reading

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ApprovedBusinessBusiness and finance

Traditional media firms are enjoying a Trump bump

DONALD TRUMP calls it the “failing” New York Times in his tweets, but his presidency has breathed new life into the newspaper and other mainstream media outlets. The New York Times, the Washington Post and the Wall Street Journal have all received boosts in subscriptions and page views; cable news networks, such as CNN and the Fox News Channel, are getting huge increases in viewers at a time when most other channels are losing them; and even the long-suffering stocks of newspaper companies are rallying. Since the election shares in the New York Times Co have risen by 42%, outperforming even the mighty Goldman Sachs.

Why the boost? The unprecedented nature of political events has kept American eyeballs glued to pages and screens. The pace of change, especially since the election, compels Mr Trump’s fans and foes alike to stay abreast of developments. Many do so using Twitter (see article). But…Continue reading

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ApprovedBusinessBusiness and finance

Planet’s satellites offer customers a new world view every day

BUILT by the Indian Space Research Organisation, the Polar Satellite Launch Vehicle threw itself into the sky at 3.58am GMT on February 15th. It took with it a record-breaking 104 satellites—88 of which belonged to a single company, Planet, a remote sensing business based in San Francisco. Planet now has 149 satellites in orbit—enough for it to provide its customers with new moderately detailed images of all the Earth’s land surface every single day.

The satellites Planet makes—it calls them “doves”—measure 10cm by 10cm by 30cm. The first doves, launched five years ago, could send back pictures of just 3,000 square kilometres a day. But the satellites have followed a trajectory of improvement much closer to that seen in cell-phones—from which they get some of their components—than the established satellite industry. The latest doves can cover 2.5m square kilometres a day.

The expanded fleet of satellites will send over 3 terabytes of data a day to more than 30 receiver stations spread around the Earth. After processing to remove distortions and to locate each image, the data will be in the cloud and ready for the company’s…Continue reading

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