Browsing All Posts filed under »Technology & Startups«

Financial firms seek startup solutions to trade better, faster

January 9, 2014

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CHICAGO (Chicago Tribune, Blue Sky Innovation) — Technology has already transformed financial trading, and emerging companies are still at work making options trading faster and more accessible than ever. With rising regulatory burdens, new technologies might make it safer to trade, too. Options, largely traded on the Chicago Board Options Exchange, help traders secure the […]

Landmark Chicago Board of Trade building attracts techies with $30 million revamp and new incubator

December 19, 2013

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CHICAGO (Built In) — When the Chicago Board of Trade was sold from CME Group to GlenStar Properties and USAA Real Estate in early 2012, it was still the “old boys club” it always had been. But a $30 million revamping portends futuristic plans for the 83-year-old building. “We love our traders,” said Christian Domin, managing director […]

Qualcomm promotes operating chief to CEO, despite Microsoft transfer rumors

December 13, 2013

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Dec. 13 (UPI) — Qualcomm promoted its chief operating officer, Steve Mollenkopf, to CEO amid rumors that he was a contender for the chief executive spot at Microsoft. He succeeds long-time head of Qualcomm, Paul Jacobs. Mollenkopf was considered as a potential successor to Steve Ballmer to head Microsoft. Current CEO of Ford, Alan Mulally, is another top contender for the Microsoft job. […]

Facebook joins the S&P 500 next week

December 12, 2013

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Dec. 12 (UPI) — Facebook’s status was updated to join the S&P 500 index, effective after market close Dec. 20, and investors are liking the change, as Facebook shares spike more than 5 percent Thursday. The company went public in 2012 and will replace much older tech company, Teradyne, in the S&P 500. Teradyne develops testing products for […]

SHIFT marketing platform raises $6 million Series B from European investor

December 11, 2013

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LOS ANGELES (Built In) — SHIFT, a real-time marketing platform, announced yesterday a Series B investment of $6 million from leading European venture firm, DN Capital.   SHIFT already works with more than 300 firms, which includes 10 of the top 20 global advertisers like Sony, American Express, Toyota, Red Bull and Walmart, the world’s biggest […]

A Sky Full Of Opportunity In Cloud Infrastructure: The Turing Group

December 9, 2013

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CHICAGO (Techli) — The cloud might seem hazy – but the newly launched Turing Group is making it easier for companies to leverage cloud infrastructure to make businesses more agile and less capital intensive. Eric Dynowski was the head of global infrastructure at the $10 billion hedge fund Magnetar, and left to start the Turing Group with […]

Chicago partners with code.org to make computer science a core subject

December 9, 2013

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CHICAGO (Built In) — Mayor Rahm Emanuel and Chicago Public Schools CEO Barbara Byrd Bennett announced today a partnership that will make Chicago’s school system friendlier to computer science, and students more trained for a tech-friendly workforce. “This plan will help us compete with countries like China and the UK, where children take coding classes […]