Online learning is a method which updates the model gradually and can modify and strengthen the previous model, so that the updated model can adapt to the new data without having to relearn all the data. However, the accuracy of the current online multiclass learning algorithm still has room for improvement, and the ability to produce sparse models is often not strong. In this paper, we propose a new Multiclass Truncated Gradient Confidence-Weighted online learning algorithm (MTGCW), which combine the Truncated Gradient algorithm and the Confidence-weighted algorithm to achieve higher learning performance. The experimental results demonstrate that the accuracy of MTGCW algorithm is always better than the original CW algorithm and other baseline methods. Based on these results, we applied our algorithm for phishing website recognition and image classification, and unexpectedly obtained encouraging experimental results. Thus, we have reasons to believe that our classification algorithm is clever at handling unstructured data which can promote the cognitive ability of computers to a certain extent.