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Stocks Fall After Volatile Week

U.S. stocks declined on Friday afternoon at the end of one of the most volatile weeks in years for global markets. 95

Four Arrested in Hungary Over Migrant Truck Deaths

Flowers were placed where dozens of migrants were found dead.

Hungarian police said they had arrested four men after 71 migrants were found dead in a truck across the border in Austria on Thursday. 97

Hacker Killed by Drone Was Islamic State’s ‘Secret Weapon’

That Islamic State’s Junaid Hussain was targeted directly by the U.S. and U.K. shows the extent to which digital warfare has upset the balance of power on the modern battlefield. 212

Brazil’s Big Bet on China Turns Sour

Brazil’s big bet on China is turning sour as the Asian country’s once voracious appetite for Brazilian exports dims.

U.S. special-operations forces in Afghanistan are trying to make sure their elite Afghan counterparts can fight on their own before American troops leave, which is planned to take place by the end of next year. Photo: Wakil Kohsar/AFP/Getty Images

U.S. special-operations forces in Afghanistan are trying to make sure their elite Afghan counterparts can fight on their own before American troops leave, which is planned to take place by the end of next year. Photo: Wakil Kohsar/AFP/Getty Images

Treading Line Between War and Peace, U.S. Special Forces Groom Afghan Troops

Special-operations units are trying to get their local counterparts ready for combat before American troops leave Afghanistan.

Fed Urged to Press Ahead With Rate Rise

After months of forewarning by the Fed that it is preparing to raise short-term interest rates, some international officials have a message: Get on with it already. 78

Big Oil Faces Prospect of Lower Refining Profits

For much of the past year, the world’s biggest energy companies suffered through an oil-price rout with one silver lining: Their little-loved refineries were churning out big profits again. Now, that bright spot could be fading, even as oil prices sink.

IMAGE 1 of 9

‘Craft’ Bourbon Is in the Eye of the Distiller

“Craft” distilleries have mushroomed in the U.S. to 588 from 51 over the past decade. Feeling the heat from the new competition, global liquor conglomerates are getting in on the act, and not letting definitions get in the way.

Syngenta Shareholders Not Happy

Some Syngenta AG shareholders are angry over the rejection of takeover proposals from rival Monsanto Co., which then walked away.

Hermès Plays Down China Luxury Risk

French luxury-goods company Hermès International said it expects demand for its pricey handbags and fashion to remain resilient and grow 8% this year despite the risk of an economic slowdown in China.

Luxury Brands Push Deeper Into India

As sales growth slows in China and other big markets, luxury-goods makers are seeking to cash in on patches of new wealth in often-unexpected parts of India, where there is a growing appetite for luxury brands.

‘Flash Crash’ Trader Denied Extradition Delay

British trader Navinder Sarao had requested a two-month delay in his extradition hearing.

Labor Group Says BofA CEO Moynihan Should Not be Chairman

A labor group is urging Bank of America shareholders to vote against a bylaw change that allows Brian Moynihan to hold the dual titles of bank CEO and chairman.

Oil Prices Resume Rally

Oil prices rose Friday, erasing earlier losses, as a surprise one-day rally extended to a second day.

How Do You Short China?

Traders are scouring stock, bond and currency markets for ways to make money on the malaise afflicting China. Some are piling into insurance-like contracts that would pay out if the country defaulted on a small pool of its foreign-denominated bonds.

Lebanon’s youth-led “You Stink” movement initially formed as a protest against mounds of uncollected garbage in Beirut. Now it wants political change.

Anger Over Garbage in Lebanon Blossoms into Demands for Reform

Calls for political reform, however, collide with country’s entrenched, sectarian-based political system.

China’s World

Markets? To Xi Jinping, Another Battle Comes First

Those who think a wilting economy and stock-market turmoil may divert Xi Jinping’s focus from his anticorruption campaign misunderstand his priorities, writes Andrew Browne.

Syriza’s Poll Lead Narrows Ahead of Election

Greece’s left-wing Syriza party is leading ahead of next month’s elections, a poll published Friday shows, though the gap with the conservative New Democracy party has closed considerably.

Ukraine’s U.S.-Born Finance Minister Praised for Persistence

Natalie Jaresko led months of tense negotiations with creditors, clocking thousands of air miles to reach a debt-relief deal that should help secure further bailout funds from the International Monetary Fund.

Russia

Moscow Strains To Upgrade Forces

Even as the country projects a muscular image, a falling ruble and weaker economy has forced President Vladimir Putin to scale back ambitious plans to modernize the military. 65

Mansion

A Swedish Couple’s Lakeside Oasis

Entrepreneur Olof Sköld and his partner, Helene Carson, build a retreat for their family

Technology

Pentagon Advances Partnership with Tech Firms for Flexible Electronics

The Pentagon is announcing that it will contribute seed money to a consortium of Silicon Valley firms to develop what defense officials say is a promising new technology incorporating “flexible” electronics.

China’s Moves Won’t Help U.S. Tech Firms

China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that were already making life difficult for U.S. rivals.

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

On Wine: Will Lyons

Why Gin Is Back With a Flourish

Gin is experiencing the kind of boom the wine industry experienced in the mid-1980s, as boutique-distilled bottles with names like Half Hitch, Opihr and Ransom Old Tom give the classic G&T a new—and flavorful—twist

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

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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

Stocks Fall After Volatile Week

U.S. stocks declined on Friday afternoon at the end of one of the most volatile weeks in years for global markets. 95

Four Arrested in Hungary Over Migrant Truck Deaths

Flowers were placed where dozens of migrants were found dead.

Hungarian police said they had arrested four men after 71 migrants were found dead in a truck across the border in Austria on Thursday. 97

Hacker Killed by Drone Was Islamic State’s ‘Secret Weapon’

That Islamic State’s Junaid Hussain was targeted directly by the U.S. and U.K. shows the extent to which digital warfare has upset the balance of power on the modern battlefield. 212

Brazil’s Big Bet on China Turns Sour

Brazil’s big bet on China is turning sour as the Asian country’s once voracious appetite for Brazilian exports dims.

U.S. special-operations forces in Afghanistan are trying to make sure their elite Afghan counterparts can fight on their own before American troops leave, which is planned to take place by the end of next year. Photo: Wakil Kohsar/AFP/Getty Images

U.S. special-operations forces in Afghanistan are trying to make sure their elite Afghan counterparts can fight on their own before American troops leave, which is planned to take place by the end of next year. Photo: Wakil Kohsar/AFP/Getty Images

Treading Line Between War and Peace, U.S. Special Forces Groom Afghan Troops

Special-operations units are trying to get their local counterparts ready for combat before American troops leave Afghanistan.

Fed Urged to Press Ahead With Rate Rise

After months of forewarning by the Fed that it is preparing to raise short-term interest rates, some international officials have a message: Get on with it already. 78

Big Oil Faces Prospect of Lower Refining Profits

For much of the past year, the world’s biggest energy companies suffered through an oil-price rout with one silver lining: Their little-loved refineries were churning out big profits again. Now, that bright spot could be fading, even as oil prices sink.

IMAGE 1 of 9

‘Craft’ Bourbon Is in the Eye of the Distiller

“Craft” distilleries have mushroomed in the U.S. to 588 from 51 over the past decade. Feeling the heat from the new competition, global liquor conglomerates are getting in on the act, and not letting definitions get in the way.

Syngenta Shareholders Not Happy

Some Syngenta AG shareholders are angry over the rejection of takeover proposals from rival Monsanto Co., which then walked away.

Hermès Plays Down China Luxury Risk

French luxury-goods company Hermès International said it expects demand for its pricey handbags and fashion to remain resilient and grow 8% this year despite the risk of an economic slowdown in China.

Luxury Brands Push Deeper Into India

As sales growth slows in China and other big markets, luxury-goods makers are seeking to cash in on patches of new wealth in often-unexpected parts of India, where there is a growing appetite for luxury brands.

‘Flash Crash’ Trader Denied Extradition Delay

British trader Navinder Sarao had requested a two-month delay in his extradition hearing.

Labor Group Says BofA CEO Moynihan Should Not be Chairman

A labor group is urging Bank of America shareholders to vote against a bylaw change that allows Brian Moynihan to hold the dual titles of bank CEO and chairman.

Oil Prices Resume Rally

Oil prices rose Friday, erasing earlier losses, as a surprise one-day rally extended to a second day.

How Do You Short China?

Traders are scouring stock, bond and currency markets for ways to make money on the malaise afflicting China. Some are piling into insurance-like contracts that would pay out if the country defaulted on a small pool of its foreign-denominated bonds.

Lebanon’s youth-led “You Stink” movement initially formed as a protest against mounds of uncollected garbage in Beirut. Now it wants political change.

Anger Over Garbage in Lebanon Blossoms into Demands for Reform

Calls for political reform, however, collide with country’s entrenched, sectarian-based political system.

China’s World

Markets? To Xi Jinping, Another Battle Comes First

Those who think a wilting economy and stock-market turmoil may divert Xi Jinping’s focus from his anticorruption campaign misunderstand his priorities, writes Andrew Browne.

Syriza’s Poll Lead Narrows Ahead of Election

Greece’s left-wing Syriza party is leading ahead of next month’s elections, a poll published Friday shows, though the gap with the conservative New Democracy party has closed considerably.

Ukraine’s U.S.-Born Finance Minister Praised for Persistence

Natalie Jaresko led months of tense negotiations with creditors, clocking thousands of air miles to reach a debt-relief deal that should help secure further bailout funds from the International Monetary Fund.

Russia

Moscow Strains To Upgrade Forces

Even as the country projects a muscular image, a falling ruble and weaker economy has forced President Vladimir Putin to scale back ambitious plans to modernize the military. 65

Mansion

A Swedish Couple’s Lakeside Oasis

Entrepreneur Olof Sköld and his partner, Helene Carson, build a retreat for their family

Technology

Pentagon Advances Partnership with Tech Firms for Flexible Electronics

The Pentagon is announcing that it will contribute seed money to a consortium of Silicon Valley firms to develop what defense officials say is a promising new technology incorporating “flexible” electronics.

China’s Moves Won’t Help U.S. Tech Firms

China’s moves to spur its slowing economy are having an important but less obvious effect on the tech sector: Strengthening local companies that were already making life difficult for U.S. rivals.

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