Mobile app analytics provider App Annie has laid off an unconfirmed number of its staff, citing changes in the “current macroeconomic climate.”

Despite the recent market volatility and government guidance advising employees to work from home, hedge funds are still maintaining a strong recruiting presence for technical quant roles.

Maxar Technologies has spun off its MDA business unit to a group of private equity investors led by Northern Private Capital.

Earlier this month, location data provider PlaceIQ announced it would acquire Freckle IoT, a Toronto-based retail footfall measurement company

Geospark Analytics, a provider of geopolitical stability indices, has hired Amanda Brownfield as president to execute the company’s upcoming expansion plans.

Location data provider Factual has merged with Foursquare in an all-stock deal, the companies have announced.

Roughly three-fourths of Americans feel uncomfortable with the idea that third-party data providers could gain access to aggregated, anonymised versions of certain types of data, according to a new survey of American consumers by Neudata.

Top machine learning researcher Marcos López de Prado is highlighting the power of machine learning techniques for financial data analysis, noting that — contrary to popular belief — ML techniques offer a better guard against overfitting than classical econometrics.

As markets react wildly to the coronavirus pandemic, investors are relying on nowcasting tools like surveys and web-scraping to determine the true size of the macroeconomic fallout.

European courts are restricting ESG ratings agencies from doling out negative sustainability scores when they can’t find enough data to prove how a company is approaching its ESG practices.