Strategies: A Coding Error Spells Problems at AXA Rosenberg (Jeff Sommer/New York Times)

Jeff Sommer / New York Times:Strategies: A Coding Error Spells Problems at AXA Rosenberg  —  INVESTING is always an act of faith, but perhaps never more so than when you entrust your money to a quant fund.  —  Quantitative funds, after all, are the “black boxes” of investing — portfolios run by managers who generally [...]


McAfee Snafu Causes Computer Problems – WOWT

The maker of a popular computer antivirus program says a software update went awry today, causing computers around the world to get stuck repeatedly rebooting themselves. Software security vendor McAfee confirms that the update caused its antivirus program for corporate customers to misidentify a