G. Eckart and G. Young, “The Approximation of One Matrix by Another of Lower Rank,” Psychometrika, Vol. 1, No. 3, 1936, pp. 211-218.
http://dx.doi.org/10.1007/BF02288367

has been cited by the following article:

• TITLE: From Eigenvalues to Singular Values: A Review

  AUTHORS: Achiya Dax

  KEYWORDS: Eigenvalues; Singular Values; Rayleigh Quotient; Orthogonal Quotient Matrices; The Orthogonal Quotients Equality; Eckart-Young Theorem; Ky Fan’s Extremum Principles

  JOURNAL NAME: Advances in Pure Mathematics, Vol.3 No.9B, December 24, 2013

  ABSTRACT: The analogy between eigenvalues and singular values has many faces. The current review brings together several examples of this analogy. One example regards the similarity between Symmetric Rayleigh Quotients and Rectangular Rayleigh Quotients. Many useful properties of eigenvalues stem are from the Courant-Fischer minimax theorem, from Weyl’s theorem, and their corollaries. Another aspect regards “rectangular” versions of these theorems. Comparing the properties of Rayleigh Quotient matrices with those of Orthogonal Quotient matrices illuminates the subject in a new light. The Orthogonal Quotients Equality is a recent result that converts Eckart-Young’s minimum norm problem into an equivalent maximum norm problem. This exposes a surprising link between the Eckart-Young theorem and Ky Fan’s maximum principle. We see that the two theorems reflect two sides of the same coin: there exists a more general maximum principle from which both theorems are easily derived. Ky Fan has used his extremum principle (on traces of matrices) to derive analog results on determinants of positive definite Rayleigh Quotients matrices. The new extremum principle extends these results to Rectangular Quotients matrices. Bringing all these topics under one roof provides new insight into the fascinating relations between eigenvalues and singular values.