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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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Facebook Is Close To Buying Israeli Startup Waze For $1 Billion

Facebook Is Close To Buying Israeli Startup Waze For $1 Billion | cross pond high tech | Scoop.it

Waze and Facebook partnered in October 2012 when Waze released its updated version that allows users to share their drive with their Facebook friends.


This would be Facebook's third acquisition in Israel. It bought Snaptu in 2011 for $70 million and Face.com in 2012 for $60 million.


In the last year, Waze tripled its user base to 45 million and in March alone, 1.5 million users downloaded the free mobile navigation app, Calcalist said.

Philippe J DEWOST's insight:

the deal would clearly not be for the userbase per se, so it has to be about engagement or part of a bigger plan. I just hope this won't change Waze's service too much as I find it amazing.

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Scalado being acquired by Nokia

Scalado being acquired by Nokia | cross pond high tech | Scoop.it
Nokia will acquire developers, technologies and intellectual property for imaging from Scalado. Nokia plans to make Scalado's headquarters in Lund a key site for Nokia's imaging software for smartphones, in addition to Nokia's existing locations in Espoo and Tampere, Finland.
The transaction is subject to customary closing conditions and is expected to close during the third quarter of 2012.
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