S&P Global announced Monday that it would acquire IHS Markit for USD 44bn, in an all-stock deal that would combine two of the largest data providers on Wall Street. The deal would marry S&P’s expertise in providing country- and company-lev...

Commercial real estate data giant CoStar Group has agreed to buy Homesnap, representing its first major step toward collecting data on the residential real estate market. CoStar will pay USD 250m in cash for the app and technology provider, accord...

Envestnet and its subsidiary Yodlee have asked a federal magistrate judge in California to dismiss a proposed class action suit, which alleges that the firm failed to protect the consumer data it collected, and that it shared and sold data in unen...

Quantopian, a crowd-sourced fintech platform, is shutting its doors as its co-founders announce they will join retail trading platform Robinhood. The Quantopian community — in which amateur investors could create investment algorithms that could b...

The US Securities and Exchange Commission has reportedly backed down from its proposal to reform 13F filing requirements, which would have reduced the number of funds required to report their equity holdings each quarter. On Tuesday, Bloomberg rep...

FactSet has entered into a definitive agreement to acquire ESG data provider TruValue Labs, the companies announced on Tuesday. TruValue, which was founded in 2013, applies natural language procession (NLP) to over 100,000 unstructured text source...

Robinhood is considering a proposal to make its customer trading activity data public once more, after it turned off access to its API in August, according to Bloomberg. “We’re looking into it,” Robinhood co-founder Vladimir Tenev reportedly told ...

CausaLens, a provider of signal testing technology, has released an update to its platform to incorporate more robust cause-and-effect relationship mapping. The three-year-old company uses proprietary automated machine learning (AutoML) to build p...

A combination of fears around a second coronavirus wave, civil unrest and uncertain macroeconomic policy decisions drove US stocks lower last week, but the signs were there according to several vendors who noticed unusual patterns in their data le...

Alternative data usage is growing among hedge funds, with just over half of managers saying that they currently use the tool as a way to gain a competitive edge. This finding is from a report by the Alternative Investment Management Association (A...