A Chinese reality show will cast actors in Michael Bay's Transformers 4
On Saturday, the popular website Nutelladay.com and its social-media channels were to go dark, but Ferrero has withdrawn its cease-and-desist letter
The new IRS chief has experience navigating massive—and controversial—government efforts
Unless they're already well-known brands, most companies should assume their digital campaigns' performance will be around half the average
Helped by the Fed, it's very cheap to borrow money. This could end badly
3M launches giant, colorful sticky notes, called ‘Big Pads,’ for designers and creative professionals
After eight years of tinkering, Microsoft launches XBox One in hopes it will play a central role in American home entertainment
Darden Dean Robert Bruner tells MBA graduates they should stay with their first post-graduation employer long enough to make a difference
Seven tips for small businesses competing with corporate recruiters for the most talented grads
Entrepreneur: Jeff Hammerbacher, 27
Funding: $11 million from Accel Partners, Greylock Partners, and angel investors that include Gideon Yu and Caterina Fake
A friend of Facebook founder Mark Zuckerberg's at Harvard, Jeff Hammerbacher was recruited away from Bear Stearns to assemble a Facebook team to analyze data about users' behavior on the site. To do that, he used the open-source cloud computing software called Hadoop. Now Hammerbacher is a co-founder, vice-president of products, and chief scientist at Cloudera, which sells technical consulting and software tools to help companies use Hadoop to analyze large amounts of data. Cloudera co-founder Christophe Bisciglia was one of Bloomberg BusinessWeek's Best Young Tech Entrepreneurs of 2009. Cloudera's customers include Netflix, Samsung, ComScore, and LinkedIn.
Toughest decision: Changing Cloudera's business model to make it into a software vendor. "Initially [our model] was 'ship your data to us and let us manage it,' " Hammerbacher says. "It made a lot more sense to make the pivot and become a software vendor."