data communications

A telephone company (or telco) provides telecommunications services such as telephony and data communications. Most of the largest telcos are or were at one time nationalized or state-regulated monopolies. With the advent of cellular telephony, telcos now include wireless carriers. … Read More

Kelly gambling is an application of information theory to gambling and (with some ethical and legal reservations) investing. An important but simple relation exists between the amount of side information a gambler obtains and the expected exponential growth of his … Read More