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|Firm beats giants with predictions
China's national soccer team failed to make the cut for the 2014 World Cup Cheap Nike Air Max Shoes , but that hasn't shaken a Chinese tech company's credibility in predicting game results.
Baidu's World Cup prediction service has outscored its major competitors by accurately predicting winners 58.3 percent of the time, compared with runnerup Microsoft Bing's 56.2 percent.
The Beijing-based company not only correctly chose the four semifinalists, it also predicted that Germany would win its match with Brazil, though it didn't foresee the 7-1 score.
Baidu said that its World Cup prediction model is based on data from as many as 37 Cheap Nike Air Max ,000 matches played by 987 teams over the past five years.
To improve the accuracy of the model, Zhang Tong, head of the Beijing Big Data Lab of Baidu, said that the company also took into consideration five factors: the teams' strength Cheap Air Max Womens , home advantage, recent game performance, overall World Cup performance and bookmaker odds.
Tech companies such as Baidu, Microsoft Cheap Air Max Online , Google and Yahoo, and investment banking firms such as Goldman Sachs and Deutsche Bank, all took their chances predicting 2014 World Cup games.
Generally speaking, tech companies outperformed Wall Street investors. Baidu and Microsoft both correctly chose the four teams in the semifinals. Goldman Sachs erred in picking Spain to reach the final four Cheap Air Max Sale , while Deutsche Bank even predicted that England would win the tournament.
Bryan Wang, principal analyst with Forrester Research, a multinational technology and market research firm, said that as a company that processes search requests every day Cheap Air Max White , Baidu enjoys an edge in big data-based prediction.
He said accuracy is based on how much data companies use in building the models. "The more soccer-related data you put into the model, the more accuracy you get," he said, adding that accuracy isn't necessarily equal to a company's capability in big data technology.
Recent media reports said that a soccer-loving girl in Northeast China won more than 3.3 million yuan ($528 Cheap Air Max Shoes ,000) from betting on the 2014 World Cup and her secret weapon was Baidu's World Cup predictions.
But Bi Yajing, a soccer fan in Beijing who has spent 1,000 yuan on soccer lotteries during the World Cup, said he never uses such big-data prediction. "There is no fun if you can't vote for your favorite teams Cheap Air Max ," he said.
NAIROBI， Dec. 14 (Xinhua) -- Kenya's ministry of agriculture and law enforcement agencies said on Wednesday they will crack down on cartels behind the theft of coffee beans in the central parts of the country.
Principal Secretary in the Ministry of Agriculture， Richard Lesiyampe， said the authorities will take punitive actions on cartels behind the massive theft of coffee beans in the custody of rural cooperatives.
"In recent weeks， there have been complaints from farmers in the central Kenyan counties of Nyeri， Kirinyaga and Muranga about coffee theft in cooperative societies. The government will take action against this criminal offense and prosecute the culprits，" Lesiyampe told reporters in the capital Nairobi on Wednesday.
Kenyan media has in recent months reported a spike in coffee thefts that has resulted in huge losses of income to smallholders.
Lesiyampe said the theft of coffee beans has impacted negatively on Kenya's export earnings and morale of small scale growers.
He revealed that 467 bags of coffee valued at 50，000 U.S. dollars have been stolen from the stores owned by rural cooperatives this year.
"Though coffee theft has been prevalent in this country for decades， it spiked to crisis levels this year. Criminal syndicates have taken advantage of lax security to cart away coffee beans and later sell them in the black market，" said Lesiyampe.
He added that both the national and county governments will implement a raft of measures to deter theft of coffee in the future.
"The government will assist cooperatives install surveillance cameras at storage facilities while armed police will guard these premises to thwart intrusion by criminal gangs responsible for stealing coffee，" Lesiyampe said.
He disclosed the government was considering rolling out an insurance cover for coffee farmers to cushion them from income losses in case of theft.
Kenya produces 50，000 metric tons of coffee annually and earns an estimated 200 million dollars from exporting the commodity overseas.
The ministry of agriculture has developed a strategic plan to boost coffee production through planting of improved varieties and streamlining of key value chains. Enditem
SHENZHEN’S land and housing transaction center will auction a parcel of land in Minzhi, Longhua District, next month, for rental housing projects only.
This is the first time for the local authorities to put up at auction a piece of land that can be developed only for leasing instead of sale.
The 20 Cheap Nike Air Max Womens ,042-square-meter land lot can be developed for commercial and residential properties, as well as other auxiliary facilities with a total floor space of 90,180 square meters. The land use rights will last 70 years.
After the projects are completed, employees working in Longhua will be prioritized in contracting for the apartments with leasing contracts of up to 20 years. The apartments cannot be subcontracted.
The land and housing authority has capped the price limit at 1.01 billion yuan (US$148 million) for bidders. The starting price for bidding is 777 million yuan. If the offerings of the bidders exceed the 1.01 billion yuan limit Cheap Nike Air Max Online , the bidders who plan to build more apartments for professionals will win the auction.
According to the center, 27,060 s.