IBM's Watson For Business: The $1 Billion Siri Slayer

IBM is unveiling their new Watson for Business on Thursday, a $1 billion project devoted to bringing big data to every educational institution, pharmaceutical firm, and publishing house in America--and they're offering more than $100 million in venture capital to developers.IBM is announcing the launch of a new, $1 billion Watson Business Group, $100 million in venture capital earmarks toward new Watson apps, and a shiny new Watson headquarters in New York's East Village neighborhood on Thursday. The news means that IBM has essentially made a $1 billion bet on Watson, the big data-cloud service hybrid which famously competed on Jeopardy and, more importantly, saves lives. If it succeeds, IBM will have the means to provide Watson's services to every American workplace.Read Full Story     Continue reading at 'Fast Company'

[ Fast Company | 2014-01-09 00:00:00 UTC ]
News tagged with: #$100 million #venture capital

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By Tim Conneally, Betanews The business model behind textbooks is completely out of step with what the market today wants, according to the head of Nature Publishing's digital textbook initiatives. Continue reading at Betanews

[ Betanews | 2011-07-15 00:00:00 UTC ]
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Future restructures business as revenue falls

Magazine publisher Future is restructuring its business in the UK and US following a 5% fall in group revenues over the past nine months. Continue reading at Media Week

[ Media Week | 2011-07-15 00:00:00 UTC ]
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Pearson buys REDgroup online businesses

Written By: Graeme Neill Publication Date: Mon, 04/07/2011 - 08:33 Pearson Australia is taking over the online business of collapsed Australian bookseller REDgroup, which includes the Borders and Angus & Robertson sites. The publisher said it wanted to maintain "continuity for the... Continue reading at The Bookseller

[ The Bookseller | 2011-07-04 00:00:00 UTC ]
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Busy ALA Exceeds Expectations

For the second time since Hurricane Katrina, the American Library Association held its annual conference in New Orleans, June 23–28. And despite a faltering economy, stressed library budgets, high gas prices, and the somewhat out-of-the-way host city, the conference blew past expectations,... Continue reading at Publishers Weekly

[ Publishers Weekly | 2011-07-01 00:00:00 UTC ]
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David Roche launches new business

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[ The Bookseller | 2011-06-24 00:00:00 UTC ]
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Condé Nast's digital business edges closer to profit

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[ Media Week | 2011-06-14 00:00:00 UTC ]
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Internet Advertising Hits Record $7.3 Billion in First Quarter

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[ Folio Magazine | 2011-05-26 00:00:00 UTC ]
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[ The New York Times | 2011-05-26 00:00:00 UTC ]
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[ Folio Magazine | 2011-05-18 00:00:00 UTC ]
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[ The Bookseller | 2011-05-17 00:00:00 UTC ]
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[ The Bookseller | 2011-05-10 00:00:00 UTC ]
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[ Folio Magazine | 2011-04-21 00:00:00 UTC ]
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[ Folio Magazine | 2011-04-21 00:00:00 UTC ]
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[ The Bookseller | 2011-04-21 00:00:00 UTC ]
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[ Folio Magazine | 2011-04-19 00:00:00 UTC ]
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[ The Bookseller | 2011-04-11 00:00:00 UTC ]
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[ Folio Magazine | 2011-04-07 00:00:00 UTC ]
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[ Folio Magazine | 2011-04-06 00:00:00 UTC ]
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[ Publishers Weekly | 2011-03-21 00:00:00 UTC ]
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[ The Bookseller | 2011-03-17 00:00:00 UTC ]
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