Weekend Reads: Half of American Tech Companies Founded By

Apple founder Steve Jobs is the son of a Syrian immigrant, Amazon CEO Jeff Bezos is a second generation Cuban immigrant, Google founder Sergey Brin was born in Russia, and Facebook co-founder Eduardo Saverin is a Brazilian native.

More than half of the top American tech companies were founded by immigrants or the children of immigrants – (CNBC)

 

“I think the data shows we’re a hospitable place for younger educated people who earn decent money but still are toward the beginning of their career ladder,” Zotti said. “We don’t know” what will happen later.”

Chicago attracting more young, well-off residents – (Crain’s Chicago)

 

Winton Group saw profits rise 17% last year, despite AuM dropping by $3.6bn to $28.5bn, newly filed annual accounts show.

Winton annual profits rise as AuM falls – (CTA Intelligence)

 

Since 1990, more than 90 percent of U.S. metro areas have seen a decline in racial stratification, signaling a trend toward a more integrated America. Yet, while areas like Houston and Atlanta have undergone rapid demographic changes, cities like Detroit and Chicago still have large areas dominated by a single racial group.

America is more diverse than ever — but still segregated – (Washington Post)

 

RCM-X is excited to announce it’s full suite of automated execution algorithms are now available on Trading Technology International’s platform.

RCM-X Execution Algorithm Strategies Now Offered on the TT Platform – (RCM-X)

 

Patients may think their insurers are fighting on their behalf for the best prices. But saving patients money is often not their top priority. Just ask Michael Frank.

Why Your Health Insurer Doesn’t Care About Your Big Bills – (Pro Publica)

 

They’re poised to plant 346,000 acres (140,000 hectares) this season, more than double what was sowed last year, the agriculture ministry said last week in a report.

Hummus Boom Drives Canadian Farmers to Sow Bumper Chickpea Crop – (Bloomberg)

 

One of the more dramatic changes is the increasing number of “mega-rain” events — rainstorms during which at least 6 inches of rain falls over at least 1,000 square miles and the center of the storm drops more than 8 inches of rain.

The Midwest Is Getting Drenched, And It’s Causing Big Problems – (FiveThirtyEight)

 

Machines that know our wants and needs even before we do may be able to twist us to their hidden agendas

The Selfish Ledger: Google’s dystopian vision of populace control through ‘total data collection’ – (Techspot)

 

Infographic: A tale of Two Banking Sectors: US vs Canada – (Visual Capitalist)

 

Bonds issued in 1990s that promise to pay in other currencies than euros offer varying outcomes if lira is reintroduced

Italy’s Old Bonds Hold Clues to Its Euro Future – (Wall Street Journal)

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