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EU Leaders to Hold Emergency Meeting on Migration Crisis

European Union interior and home affairs ministers will hold an emergency meeting on September 14, the Luxembourg presidency said, in a bid to step up action to handle the biggest wave of migration since World War II.

Fed Appears to Hold Line on Rate Plan

Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S. interest rates before the end of the year.

Some Stock-Market Experts Still Bracing For More Trouble

The big question worrying investors now is whether last week’s rally is sustainable or just the prelude to another storm.

VW Is Told to Shed Suzuki Stake

An international court has ordered Volkswagen of Germany to sell its nearly 20% stake in Suzuki, allowing the Japanese auto maker to extricate itself from the tie-up after a four-year struggle.

The Outlook

U.S. Port Traffic Hinted at China Slowdown

Long before investors lost faith in the Chinese stock market, something seemed amiss at the ports of Long Beach and Los Angeles. The number of containers coming from China was up, but beginning in 2013, fewer were being sent in the other direction.

China Slowdown to Hit Asia Electronics Supply Chain

After several years of torrid expansion, the slowdown in smartphone sales in China is expected to hit Asian parts suppliers.

Eni Reports Natural Gas Discovery off Egypt

Eni SpA said it made a massive natural-gas discovery off the coast of Egypt in what the Italian oil-and-gas company is calling the largest ever find in the Mediterranean Sea.

Rice Condemns Pakistan-Based Militant Attacks in Afghanistan

U.S. national security adviser Susan Rice on Sunday told top civilian and military leaders in Islamabad that attacks in neighboring Afghanistan by Pakistan-based militants were “absolutely unacceptable,” according to a senior American official.

Lebanese Official Defies Calls to Resign

A top Lebanese official defied demands from thousands of protesters over the weekend to step down, providing potential fuel for a growing antigovernment movement that is coalesced around uncollected trash.

Saudi-led Airstrike Kills 20 in Yemen

A Saudi-led air raid killed at least 20 workers at a factory in northern Yemen, a local official and a resident said, the latest carnage in the conflict between Yemeni rebels and forces allied with the country’s exiled president.

At Least 11 Die in Saudi Arabia Fire

A large fire at a residential compound of Saudi Arabia’s state-owned oil giant killed at least 11 people and injured more than 200, officials said.

Malaysia Protesters Face Uphill Battle to Dislodge Najib

Tens of thousands of protesters took to the streets of Malaysia’s capital over the weekend to rally against Prime Minister Najib Razak, but analysts say the leader of the resource-rich nation is still in a strong position.

China Places Cap on Local Government Debt

Chinese lawmakers have placed a $2.5 trillion cap on local government debt as Beijing looks for ways to address one of the major impediments to its economy.

Buying the Dips Doesn’t Work for Everyone

The old strategy of buying the dips may not work for everyone. In fact, for some people, it could be disastrous, writes Jason Zweig.

Stock Swings Don’t Shake Investors

Stock indexes’ wildest week in years rattled investors and fueled expectations for further price swings, but it failed to squelch the belief U.S. markets remain the best place to put money. 61

Puerto Rico Extends Deadline for Draft Restructuring

Puerto Rico’s governor extended a Sunday deadline for a group of government officials to deliver a draft of a restructuring plan that is widely anticipated by investors.

Suppliers Feel Pain as Coal Miners Struggle

As big coal miners struggle, their equipment suppliers—thousands of businesses sprinkled throughout Pennsylvania, West Virginia, Ohio and Kentucky—are scrambling to find new customers anywhere they can. 59

Ageas to Sell Hong Kong Life Insurance Business

Belgian insurance company Ageas said Sunday it will sell its Hong Kong Life insurance business to Chinese asset-management firm JD Capital for €1.23 billion.

Inmarsat Says Russian Proton Rocket Puts Satellite Into Orbit

Inmarsat declared the launch of a Russian Proton rocket carrying one of its satellites a success after the rocket delivered its cargo into its initial orbit position.

Rebekah Brooks to Return to News Corp

Rebekah Brooks is expected to head News Corp’s U.K. division, a position similar to one she resigned from amid the phone-hacking scandal. Separately, Britain’s Crown Prosecution Service is reviewing a police referral related to the hacking probe.

Hackers Are the New Wizards

Chuck Wendig’s “Zeroes” reminds us how interconnected we all are, with electronic links all the way down to our refrigerators and cars, all of them hackable.

The Real Roots of Russia’s Revolution

Before revolution was a ruinous war. What led Russia into the conflagration?

Books

A Runaway Boy, a Theatrical Dynasty and a Cliffhanger

Brian Selznick’s ‘The Marvels’ is the latest in a loose trilogy including ‘Hugo’ and ‘Wonderstruck.’

Stieg Larsson’s Heroine Lives Again

David Lagercrantz’s “The Girl in the Spider’s Web” revives Lisbeth Salander in fitting style.

World War II’s Greatest Escape

Allied prisoners broke out of a German camp using ladders inspired by medieval siege tools.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Lebanese ‘Stink’ Protest Turns Toward Politicians

2:11

Buzz Aldrin Developing Plan to Colonize Mars

1:09

Style & Fashion

Phone Cases: The New It Fashion Accessory?

Over the past few years, the iPhone case has gone from pragmatic protector to style statement. One writer plays catch up.

Music

Foals’ ‘What Went Down’ Is a Visceral Confessional

Yannis Philippakis, the lead singer whose energetic stage presence and novelistic lyrics have made Foals one of British rock’s most compelling propositions, talks about the band’s fourth album.

WSJ Blogs

Real-time commentary and analysis from The Wall Street Journal
WSJ Tech
Wie das Netz die Wirtschaft verändert

Warum Big Data nicht nur beim Verkauf von T-Shirts gut ist

Das Schlagwort Big Data sei wie Sex bei Teenagern, sagte der Datenwissenschaftler Dj Patil auf der Konferenz DLD in München: „Jeder spricht darüber, jeder glaubt, dass es alle anderen machen, und jeder behauptet daher, dass er es schon machen würde.“

Tatsächlich ist Big Data  seit einigen Jahren ein Schlagwort, das auf keinem IT-Branchentreffen fehlen darf – und dennoch können viele Unternehmen es noch nicht mit Inhalt und konkreten Anwendungen füllen. Die vom Burda-Verlag ausgerichtete DLD-Konferenz in München steht daher auch ganz im Zeichen von Big Data – und was damit möglich ist.

Die Grundlage von Big Data sind Milliarden von Sensoren und Geräten, die jederzeit rund um die Welt Daten sammeln – so sind beispielsweise Smartphones und das, was die Nutzer damit tun, eine ständige Quelle neuer Daten. Doch auch Satelliten, Produkte mit RFID-Chips, GPS-Daten von Kameras und Smartphones gehören zu den ständigen Datensammlern.

„Mit Big Data bekommt die Welt ein Nervensystem“, glaubt daher der Fotograf Rick Smolan, der auf  der Konferenz seine iPad-App zum Buch „The Human Face of Big Data“ präsentierte. Zuerst habe Smolan den Begriff nur für einen weiteren Marketing-Gag gehalten – doch dann entdeckte er mehr in dem Thema und wollte mit dem Buch Big Data ein Gesicht geben. Am bekanntesten ist die Echtzeit-Auswertung von Big Data bei Google und Amazon: Die Websuchmaschine nutzt riesige Datenmengen, um zu entscheiden, welche Werbung Nutzern angezeigt wird. Der Onlinehändler nutzt das Einkaufsverhalten von Millionen von Nutzern, um Muster zu finden und auf dessen Grundlage Empfehlungen zu geben, woran der Kunde als nächstes interessiert sein könnte.

„Big Data ist für mehr gut als nur T-Shirts zu verkaufen“, sagt Smolan. So illustriert sein Buch beispielsweise, wo verurteilte Straftäter in New York wohnten, bevor sie ein Verbrechen begingen. Die beeindruckenden Fotos sind nicht nur schön anzusehen, sondern können auch hilfreich sein – beispielsweise, wenn es darum geht, auf welche Teile der Stadt sich Präventionsmaßnahmen konzentrieren sollten. Eine weiteres Beispiel: Landwirte, die ihre Ausbeute bis 2030 mittels Daten verdoppeln wollen – unter anderem, indem die Felder mit Hardware wie iPads überwacht werden.

Eine weitere konkrete Anwendung, die Smolan präsentierte, ist die kostenlose App Datainsights. Nachdem zahlreiche persönliche Informationen eingeben wurden, findet die App denjenigen anderen Nutzer des Programms, dessen Angaben mit den eigenen am besten übereinstimmen. Smolan nennt das den „digitalen Doppelgänger” finden.

Der Fotograf befürchtet, dass die Massen an Daten nicht allen gleichermaßen zur Verfügung stehen werden. Auf der DLD erzählte Smolan die Geschichte eines Mannes mit Herzschrittmacher, der die Daten, die sein Herzschrittmacher aufzeichnete, gerne selbst ausgewertet hätte – um beispielsweise Zusammenhänge zwischen Alkoholkonsum und Herzproblemen herauszufinden. Er rief die Herstellerfirma an, die die Daten jedoch nicht herausrücken wollte, da sie Firmeneigentum seien. „Moment mal, das ist mein Herz, und das sind meine Daten“, soll der Mann gesagt haben – allerdings ohne Erfolg. 

Die Digital Life Design (DLD)ist eine seit 2005 jährlich stattfindende Konferenz in München, auf der sich internationale Gäste aus großen Unternehmen und Tech-Start-ups zu Zukunftsfragen austauschen. Die Konferenz gilt neben der Pariser LeWeb als wichtigste Konferenz für Internetunternehmen

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    • [...] Warum Big Data nicht nur beim Verkauf von T-Shirts gut ist „Mit Big Data bekommt die Welt ein Nervensystem“, glaubt daher der Fotograf Rick Smolan, der auf der Konferenz seine iPad-App zum Buch „The Human Face of Big Data“ präsentierte. Zuerst habe Smolan den Begriff nur für einen weiteren Marketing-Gag … Read more on WSJ Tech [...]

Über WSJ Tech

  • Apps, Crowdfunding, Cloud Computing – neue Technologien werfen die Regeln der Weltwirtschaft um. WSJ Tech erklärt technologische Trends, stellt interessante Entwicklungen vor und analysiert die wichtigsten Trends der IT-Wirtschaft.

    Die Autoren:

    Stephan DörnerStephan Dörner
    Jörgen CamrathJörgen Camrath
The Wall Street Journal & Breaking News, Business, Financial and Economic News, World News and Video
Search

EU Leaders to Hold Emergency Meeting on Migration Crisis

European Union interior and home affairs ministers will hold an emergency meeting on September 14, the Luxembourg presidency said, in a bid to step up action to handle the biggest wave of migration since World War II.

Fed Appears to Hold Line on Rate Plan

Federal Reserve officials emerged from a week of head-spinning financial turbulence largely sticking to their plan to raise U.S. interest rates before the end of the year.

Some Stock-Market Experts Still Bracing For More Trouble

The big question worrying investors now is whether last week’s rally is sustainable or just the prelude to another storm.

VW Is Told to Shed Suzuki Stake

An international court has ordered Volkswagen of Germany to sell its nearly 20% stake in Suzuki, allowing the Japanese auto maker to extricate itself from the tie-up after a four-year struggle.

The Outlook

U.S. Port Traffic Hinted at China Slowdown

Long before investors lost faith in the Chinese stock market, something seemed amiss at the ports of Long Beach and Los Angeles. The number of containers coming from China was up, but beginning in 2013, fewer were being sent in the other direction.

China Slowdown to Hit Asia Electronics Supply Chain

After several years of torrid expansion, the slowdown in smartphone sales in China is expected to hit Asian parts suppliers.

Eni Reports Natural Gas Discovery off Egypt

Eni SpA said it made a massive natural-gas discovery off the coast of Egypt in what the Italian oil-and-gas company is calling the largest ever find in the Mediterranean Sea.

Rice Condemns Pakistan-Based Militant Attacks in Afghanistan

U.S. national security adviser Susan Rice on Sunday told top civilian and military leaders in Islamabad that attacks in neighboring Afghanistan by Pakistan-based militants were “absolutely unacceptable,” according to a senior American official.

Lebanese Official Defies Calls to Resign

A top Lebanese official defied demands from thousands of protesters over the weekend to step down, providing potential fuel for a growing antigovernment movement that is coalesced around uncollected trash.

Saudi-led Airstrike Kills 20 in Yemen

A Saudi-led air raid killed at least 20 workers at a factory in northern Yemen, a local official and a resident said, the latest carnage in the conflict between Yemeni rebels and forces allied with the country’s exiled president.

At Least 11 Die in Saudi Arabia Fire

A large fire at a residential compound of Saudi Arabia’s state-owned oil giant killed at least 11 people and injured more than 200, officials said.

Malaysia Protesters Face Uphill Battle to Dislodge Najib

Tens of thousands of protesters took to the streets of Malaysia’s capital over the weekend to rally against Prime Minister Najib Razak, but analysts say the leader of the resource-rich nation is still in a strong position.

China Places Cap on Local Government Debt

Chinese lawmakers have placed a $2.5 trillion cap on local government debt as Beijing looks for ways to address one of the major impediments to its economy.

Buying the Dips Doesn’t Work for Everyone

The old strategy of buying the dips may not work for everyone. In fact, for some people, it could be disastrous, writes Jason Zweig.

Stock Swings Don’t Shake Investors

Stock indexes’ wildest week in years rattled investors and fueled expectations for further price swings, but it failed to squelch the belief U.S. markets remain the best place to put money. 61

Puerto Rico Extends Deadline for Draft Restructuring

Puerto Rico’s governor extended a Sunday deadline for a group of government officials to deliver a draft of a restructuring plan that is widely anticipated by investors.

Suppliers Feel Pain as Coal Miners Struggle

As big coal miners struggle, their equipment suppliers—thousands of businesses sprinkled throughout Pennsylvania, West Virginia, Ohio and Kentucky—are scrambling to find new customers anywhere they can. 59

Ageas to Sell Hong Kong Life Insurance Business

Belgian insurance company Ageas said Sunday it will sell its Hong Kong Life insurance business to Chinese asset-management firm JD Capital for €1.23 billion.

Inmarsat Says Russian Proton Rocket Puts Satellite Into Orbit

Inmarsat declared the launch of a Russian Proton rocket carrying one of its satellites a success after the rocket delivered its cargo into its initial orbit position.

Rebekah Brooks to Return to News Corp

Rebekah Brooks is expected to head News Corp’s U.K. division, a position similar to one she resigned from amid the phone-hacking scandal. Separately, Britain’s Crown Prosecution Service is reviewing a police referral related to the hacking probe.

Hackers Are the New Wizards

Chuck Wendig’s “Zeroes” reminds us how interconnected we all are, with electronic links all the way down to our refrigerators and cars, all of them hackable.

The Real Roots of Russia’s Revolution

Before revolution was a ruinous war. What led Russia into the conflagration?

Books

A Runaway Boy, a Theatrical Dynasty and a Cliffhanger

Brian Selznick’s ‘The Marvels’ is the latest in a loose trilogy including ‘Hugo’ and ‘Wonderstruck.’

Stieg Larsson’s Heroine Lives Again

David Lagercrantz’s “The Girl in the Spider’s Web” revives Lisbeth Salander in fitting style.

World War II’s Greatest Escape

Allied prisoners broke out of a German camp using ladders inspired by medieval siege tools.

Video

Body Count Rises in Migrant Effort to Reach Europe

1:38

Lebanese ‘Stink’ Protest Turns Toward Politicians

2:11

Buzz Aldrin Developing Plan to Colonize Mars

1:09