The $60 billion firm is the latest hedge fund to spin off its expertise into a product or service it can sell.
November 14, 2019   |   View Online »
 
Hedge fund firm Two Sigma just started selling a risk analysis tool, and it shows how secretive quants are now looking to make money sharing their tech

Hedge fund firm Two Sigma just started selling a risk analysis tool, and it shows how secretive quants are now looking to make money sharing their tech

Dan DeFrancesco | The $60 billion firm is the latest hedge fund to spin off its expertise into a product or service it can sell.

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Hedge funds are losing to private equity in a tug-of-war over investors' portfolios, and experts say it's only going to get worse

Hedge funds are losing to private equity in a tug-of-war over investors' portfolios, and experts say it's only going to get worse

Bradley Saacks | Hedge funds dropped to 33% of investors' alternatives portfolio this year, down from 40% last year, while private equity grew its slice of the pie.

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Wells Fargo's head of cards and retail services has taken a job at Equifax. The bank told us who's filling in, but said it hasn't named a permanent replacement yet.

Wells Fargo's head of cards and retail services has taken a job at Equifax. The bank told us who's filling in, but said it hasn't named a permanent replacement yet.

Shannen Balogh | Wells Fargo's head of cards and retail has is taking a job at Equifax. She had reported to Wells veteran Avid Modjtabai, head of payments and part of the bank's operating committee.

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Bank of America's mortgage tech bets have helped save billions and spark a boom in home lending. Here's how it's outpacing JPMorgan and Wells Fargo.

Bank of America's mortgage tech bets have helped save billions and spark a boom in home lending. Here's how it's outpacing JPMorgan and Wells Fargo.

Alex Morrell | Bank of America's share of mortgage volumes declined for four straight years. Bets on technology and personnel have changed its fortunes.

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A labor leader who helped win the $15 minimum wage in Seattle says unions aren't coming back. Here's what the future of labor could look like.

A labor leader who helped win the $15 minimum wage in Seattle says unions aren't coming back. Here's what the future of labor could look like.

Allana Akhtar | David Rolf, one of the US's foremost labor leaders, says it's about organizing workers across an industry, not a specific company.

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10 tricks for remembering everything you read

10 tricks for remembering everything you read

Shana Lebowitz,Sherin Shibu | Becoming an active reader requires developing key habits. Here's how to remember everything you read — and use what you learn for deeper connections.

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IBM and Oracle are so far behind in the cloud, they might stop trying to compete with Amazon altogether and go a different route, analyst says

IBM and Oracle are so far behind in the cloud, they might stop trying to compete with Amazon altogether and go a different route, analyst says

Rosalie Chan | A Forrester report says that since Amazon, Microsoft, Google, and Alibaba dominate the cloud market, IBM and Oracle will shift their focus.

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Microsoft says minorities in the US earn $1.006 for every $1.00 white employees earn, but experts say there's a very big asterisk

Microsoft says minorities in the US earn $1.006 for every $1.00 white employees earn, but experts say there's a very big asterisk

Ashley Stewart | Microsoft reported a more diverse workforce, pay equity, and an inclusive culture — but experts say the numbers can mask deeper issues.

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Bill Gates got super rich through a classic billionaire strategy — creating a 'tollbooth' around an industry like John Rockefeller or Warren Buffett

Bill Gates got super rich through a classic billionaire strategy — creating a 'tollbooth' around an industry like John Rockefeller or Warren Buffett

Matt Stoller | Author Matt Stoller writes that billionaires run "tollbooths," meaning everyone who tries to pass through a certain chokepoint faces extraction.

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The toughest challenges behind launching Disney Plus, according to its tech chief

The toughest challenges behind launching Disney Plus, according to its tech chief

Ashley Rodriguez | Ahead of Disney Plus' US launch, streaming CTO Joe Inzerillo talked about the technical challenges, and how the platform will hook subscribers.

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