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Hadoop will be a relic soon, predicts Numenta founder

Hadoop will be a relic soon, predicts Numenta founder | cross pond high tech | Scoop.it
Numenta is a startup with a cloud-based prediction engine for streaming data. The company launched in 2005 and went into beta earlier this year. It is ready enough now to start making a difference that the New York Times profiled its founder, Jeff Hawkins, this week and called his company a brainy big data company--a play on Hawkins' theories on neuroscience.

In fact, Numenta's core technology, the Grok prediction engine, was developed based on a theory of the neocortex. Hawkins' approach may upset the big data applecart, according to the Times, because it focuses on real-time streaming sensor data and goes against the grain of mass storage that is driving much of the development on databases such as Hadoop.

Hawkins told the Times that "much of this will be a relic within a few years." He said Hadoop won't go away, but it will manage a lot less stuff and that querying databases won't matter as much. "It only makes sense to look at old data if you think the world doesn't change," Hawkins said.
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Softbank Buys 70% Of Sprint

Softbank Buys 70% Of Sprint | cross pond high tech | Scoop.it
A $20 billion deal....expected to be announced Monday morning and while certain details are still being worked out, the boards of both companies have signed off on a transaction under which Softbank will buy $8 billion worth of shares directly from Sprint [S 5.73 -0.03 (-0.52%) ] and tender for another $12 billion worth of the shares from existing holders.

The price of the tender offer is $7.30 a share, a large premium to Sprint's current price. Given the deal's structure, it will not require a shareholder vote.
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UK government and industry heavyweights set up 5G Innovation Centre, want to go one better - Engadget

UK government and industry heavyweights set up 5G Innovation Centre, want to go one better - Engadget | cross pond high tech | Scoop.it
The UK is almost ready to flip the switch on its first LTE network, but it's determined to be at the forefront of the next-generation, setting up a "5G Innovation Centre" at the University of Surrey. The government announced it's putting up £11.6 million (around $18.6 million) in funding, but another £24 million (around $38.5 million) will be coming from an industry group comprising the likes of Huawei, Samsung, Telefonica, Rohde & Schwarz, Fujitsu and others. The money will allow research to go beyond concept and theory, with the aim that all partners work together to develop and standardize 5G technology, which the university has been looking into for a number of years already. They will focus on energy and spectrum efficiency as well as speed, and although it's early days, 10Gbps has been banded around as a per-tower target, translating to roughly 200Mbps for each connection...
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