Quandl is investors’ secret weapon to beating the market

Claire Brownell
Hedge funds are willing to pay handsomely for Quandl’s alternative data because it helps them achieve alpha, or market-beating returns, that are harder and harder to come by as information becomes easier to find and analyze. (more…)  

Thomson Reuters pledges $100-million to growing Toronto technology hub

James Bradshaw
“Thomson Reuters Corp. plans to invest $100-million (U.S.) to help build a permanent home for its growing Toronto technology hub. The news and information company has snapped up naming rights and all of the commercial office space in a major redevelopment of the former Southam Press Building. Sitting at the corner of Duncan Street and Adelaide Street West, the original brick structure with a history steeped in journalism was built in 1908.”
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As the world rushes to protect data, Toronto emerges as a cybersecurity hub

Marjo Johne
“In dozens of sports arenas across the United States, athletes unlock doors to secured areas with a biometric app on their mobile phones that recognizes their fingerprints, faces, eyes or voices. The technology is part of a made-in-Canada product by BioConnect, a Toronto startup whose core offering is an intelligent platform that translates data from different biometric products into a single language.”
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The Unseen Perils of Crowdfunding for Investors

Louise Lee
“Letting small investors buy shares in startups sounds like a great way for budding companies to raise cash. But it could be dangerous for the people putting up the money. … … “There’s too much opportunity” for Ponzi schemes and other shady projects, says Dr. Baucus, now at Texas State University. ”
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Why Immigrants Make Great Entrepreneurs

Adrian Furnham
“Outsiders face a tough struggle fitting into a new culture. They must figure out how to deal with, and overcome, frustration, loneliness and a steep learning curve. And that’s why immigrants make such great entrepreneurs—they’re once again outsiders facing many of the same kinds of obstacles. Been there, done that.”
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The Incredible Rise of Tech

“We have hungry entrepreneurs, deep-pocketed investors, next-level start-ups and an infinite supply of brilliant ideas. Why Toronto is the new Silicon Valley”
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News Pick – AI holds promise of improving doctors' diagnoses

AI Doctor Diagnosis

September 12, 2017 – “Radiologists can scrutinize hundreds of images before identifying an area of concern in a patient’s body. Mark Michalski likens the process to “playing ‘Where’s Waldo?’ on each of those images.” But a type of artificial intelligence known as deep learning could soon help medical experts pinpoint problems faster and more accurately, says Dr. Michalski, executive director of the Boston-based Center for Clinical Data Science at Massachusetts General Hospital and Brigham and Women’s Hospital.” Read more at The Wall Street Journal


News Pick – Making Canada great again

NAFTA

September 5, 2017 – “Throughout his presidential campaign, Donald Trump liked to bang on about how Mexicans are stealing American jobs, and he called the North American Free Trade Agreement “maybe the worst trade deal ever signed anywhere but certainly ever signed in this country.” Now someone on the other side of the U.S. border is finally agreeing with him.” Read more at The Wall Street Journal


News Pick – Toronto is leading the charge of the global robot rising

Rise of AI

July 21, 2017 – “For many people, the term “artificial intelligence” conjures up visions of brainy humanoid robots who frequently have a bone to pick with their mortal creators. We can blame pop culture for that. From 2001: A Space Odyssey’s deranged (and disembodied) HAL 9000 and the doomed replicants of Blade Runner to the murderous, nearly-human “hosts” of HBO’s Westworld, artificial intelligence in TV and movies is often about sentient beings getting too smart for humanity’s own good.” Read more at The Bay Street Bull


News Pick – Toronto is the fastest growing tech market in North America

City of Toronto

July 20, 2017 – “Toronto has been named the fastest growing tech market in North America by the CBRE’s 2017 North American Scoring Tech Talent report. The city even beat out the technology hotbeds of San Francisco and New York City combined, shooting up from 12th to sixth in an overall annual ranking. From 2015 to 2016, Toronto added 22,500 new technology jobs, compared to 5,370 for New York and 11,540 for San Francisco. Toronto also ranked as the second-cheapest market with high quality talent for a technology firm to operate. When you consider the costs of hiring talent and finding real estate, it costs about $26 million (all figures USD) to run a 500 person technology company in Toronto, well below the lowest US city’s cost for the same thing, $34 million in Oklahoma City.”>Read more at Techvibes