Citing national security concerns, President Trump on Wednesday blocked a Chinese-backed investor from buying Lattice Semiconductor Corp. — only the fourth time a president has stopped a foreign takeover in 27 years. The would-be buyer, Canyon Bridge Capital Partners LLC, is a private-equity firm backed by a Chinese state-owned asset manager, Bloomberg reported. “Consistent with...
NYS Entity Status
NYS Filing Date
FEBRUARY 26, 2014
NYS DOS ID#
NYS Entity Type
DOMESTIC LIMITED LIABILITY COMPANY
2014 - BACHMAN CAPITAL MANAGEMENT LLC
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By Harrison Smith - Wednesday Jul 19, 2017
Charles W. Bachman, a software engineer whose creation of the first database management system helped popularize computers in the corporate world and earned him the highest honor in computer science, died July 13 at his home in Lexington, Mass.The devices had promised to reshape businesses around the world, making it possible to automate everything from accounting to inventory, but companies struggled to integrate different processes in one easy-to-use system.[...] because data was stored on magnetic tape, it had to be accessed sequentially — just as, when watching a movie on a VHS tape, there is no way to access the end of the film without fast-forwarding through the beginning and the middle.Mr. Bachman, a bow tie aficionado with a fondness for exotic plants, devised a kind of road map for the system that would allow programs to access a vast database and make changes within fractions of a second.The database management system is really an absolutely essential piece of software technology.Developed further by companies such as Oracle, a database management system allows businesses to link any number of data sets — connecting customers’ profiles with their recent purchases or those of similar customers.Given by the Association for Computing Machinery, an international computing society, the award is often described as the Nobel Prize of computer science.In his Turing Award lecture, Mr. Bachman described a revolutionary change occurring in the world of computers, “a shift from a computer-centered to [a] database-centered point of view,” comparable to astronomy’s Copernican shift from a sun-centered to an Earth-centered model of the universe.While serving in the Army for two years during World War II, firing antiaircraft guns at Japanese forces in the Pacific, he took time to collect orchids in New Guinea; years later, after developing IDS, he put the technology to the test in a personal research project on orchid genealogy.[...] he and his GE team devised the first database management system, he recalled, “we were using 1960 computers which filled a room and had less power and less data storage capacity than today’s smart telephone.”
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Louis Bacon’s hedge fund just got a little leaner. The billionaire’s Moore Capital Management cut 30 jobs at its New York and London offices, a spokesperson for the firm confirmed. Moore Capital’s headcount reduction accounts for 7 percent of the $13.4 billion fund’s 427 person workforce. “Like many firms in our industry, Moore Capital Management...