Arik Hesseldahl

Recent Posts by Arik Hesseldahl

Teradata Acquires Aster Data For $263 Million

Data storage concern Teradata said today it would spend $263 million to buy the majority of equity in privately held Aster Data Systems that it doesn’t already own. Aster specializes in analytics and management of unstructured data. Teradata says the combination will give it a leg up on the world of big data, which it defines as the massive mixed trove of data that’s both structured and unstructured, where complex interrelationships aren’t easily determined from conventional analysis. Teradata already owned 11 percent of Aster, whose customers include Barnes and Noble, comScore, LinkedIn and Intuit.


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Just as the atom bomb was the weapon that was supposed to render war obsolete, the Internet seems like capitalism’s ultimate feat of self-destructive genius, an economic doomsday device rendering it impossible for anyone to ever make a profit off anything again. It’s especially hopeless for those whose work is easily digitized and accessed free of charge.

— Author Tim Kreider on not getting paid for one’s work