Wednesday, July 17, 2019

ABOUT THE GREAT RECESSION

It has happened in the year 2008. It all started with the funding of Russian and other Asian countries in American countries. With the funding American banks had started to provide loans to the people with no credit score. Credit score is nothing but score given to a citizen based on the transactions made by him. In India basically we get to know the score of a individual citizen by checking his bank details with RBI. This is done through AADHAR. In this way credit score is givem by the bank based on their account transcations. I fthe credit score is above certain number then they are provided loan or EMI for a product. Since the funding was in huge amounts they started providing these loans to the people with low credit scores also. Since it is every american dream to have a own house everybody used this oppurtunity to construct thier own houses. This is called as SUBPRIME MORTGAGE. This has started increasing in Housing prices. Every loan given to the people is made into a bond. SInce every bank has make some over these bonds they sold these bonds to other companies. They collected a group of bonds and made them as a COLLATERISED DEBT OBLIGATION bond(CDO bond). But every bond has some risk factors since people doesn't buy these bonds with risk factors they wanted a insurance company to involve so that they can insure instead everything goes wrong. Here comes AIG this is the insurance company which provided insurance to others who are buying these bonds from banks. Every bank fears of the credit score, so AIG tricked by using its own ranking method. So people can know the scores but not about it. So banks started buying these bonds based on AIG ranking. This is called CREDIT DEFAULT SWAP. Peopl started to buy in heavy amounts on par with the situation AIG selling that many bonds without thinking if something goes worng they can pay or not. Since after people get to know that the housing rates are high above they stopped buying and getting loans. This started the recession. This had made the banks to sell those bonds. At some time housing market fell beyond expectations. Since AIG has to take responsibility and pay these banks it has left with no money. This is the Great recession in history. Since AIG has many connections with other countries American government has taken responsibility and they used the federal reserve to pay the debts. It amounts of $182 million dollars. This is most of the money paid by the bank in hostory of america. In this way America protected itself and world from the Great Recession.  

CAMBRIDGE ANALYTICA SCAM OVER FACEBOOK'S DATA

This story started with a student named Nigel Oakes. He graduated from a university at Eton. He started investment business later some years he started getting to know about the psychology of people about things. He got interested in knowing these things he came to know that one can change the ideology of people about things. Later he started investing and developed Strategic Communications Laboratories the parent company of Cambridge Analytica. He developed the company and established many of its branches throughout the world. At first, the company used to help the commercial companies to know how to get people to buy their product. He used these techniques for the first time in a political campaign. It didn't get any result. As a result, he had to flee to Singapore. Later after so many days, he appointed Nix as the company CEO. Nix had brought many changes to the company. He brought in many data analysts and software developers. They made an algorithm called as Ripon. They started with this algorithm as a new company AggregateIQ. Nix was approached by a TV company owner Bannon. Bannon knows a hedge fund billionaire Mercer. Mercer agreed to invest in Ripon with $5million. Then these people started using this for political campaigning purposes. The first politician approached them is Ted Cruz. He gets to know about the algorithm and he doesn't believe in that algorithm so he never uses it. Later when Trump started his campaign he approached these people for the algorithm. Trump used them for the campaign by investing $15million in it.
The question raises where these people got the data about the details of the people. Here comes the Cambridge Data professor Aleksandr Kogan approached the Cambridge Analytica. He made an application which runs on the Facebook API. It is nothing but the apps that are present on Facebook. People don't know that by giving access to the mobile through the permissions anyone can access the data about these people. This was observed by Kogan and he used this as a gateway to access the people data through the Facebook pages and their Datacenters. In this way, he acquired 87 million user data. For this Cambridge Analytica has mentioned that they are taking the data for Academic purposes. For that, they have paid $1.4 million. This news came to light after 2 years. All these 2 years Facebook know about the scandal and they have warned Cambridge Analytica to delete the data. They didn't check whether they deleted the data or not. Some days before it Nix was prosecuted by the parliament members about the fake news they spread on social media platforms. There are many other platforms like Cambridge Analytica who are using the people data for their use. SO BE  CAREFUL WHILE GIVING PERMISSIONS TO THE APPS IN YOUR MOBILE OR WHILE USING THE BROWSER ALSO.

Sunday, July 14, 2019

TULIP MANIA

A long time ago in France and most of the European countries, tulips are the most famous flowers. They were bought for every occasion in the family and every celebration in the cities. This has encouraged many of the small businesses to get more of these flowers to grow so that they could make some money. After some days the major part of the people gets acquainted with this business and many investors encouraged by investing in these businesses most of the money. It continued for most days. As we know when demand increases, as a result, the price also increases to profit these investors and business persons. the demand is increasing day to day and price as the same. After so many days the demand has increased more than that of the production of these flowers. Tulips are majorly grown with the typical environment. As demand increased day to day people growing these flowers also increased. Even though production has increased demand didn't decrease, as a result, major investors frightened with the idea of getting a loss in this business. They started pulling the money from the business. After this, so many investors started the same thing as a result most the businessman who is selling tulips started decreasing the price. This has resulted in a catastrophe. At some point in time, the price of tulips was greater than it has to be so people stopped buying them, as a result, there is an economic crisis in the tulip industry. The people who are investing in the business who are doing it and to all who are linked to it. This is the first economic crisis that has happened in history and every investor in the world knows it. This is also called as an Economic bubble. After this, another economic crisis has happened known as the .com bubble.

Tuesday, May 21, 2019

WHAT IS HUAWEI BAN

After the trade war started by the Trump this is the first step taken against Chinese manufacturer Huawei. Huawei is one of the major chip manufacturing company in the world it manufactures chips which are used in signalling and processing of many mobile platforms. America claims that it is inducing other chip with it which collects the information of the users and send it to china. Since Huawei not spoken about it America started the trade war. increasing the tariffs related to the Chinese products and raw materials. Later on other companies like Qualcomm and other chip manufacturing companies closed the deals with them. Google stopped its support to the Huawei phones. Honor is the sub brand of its. After that government of america has issued a clearance for 3 months to issue a software update to the Huawei phones. After that Huawei phones doesn't get any updates from the Google regarding the software and security patches. Huawei is working on its own OS since 2004 but it has not released anything related to this. After the time Huawei can't install apps from Google store also. They have develop on the Android OS open source. It takes lot of time and there are security issues.

Thursday, April 18, 2019

McDonald's

McDonald's is a dream of two young brothers Dick and Mac. They want to start something that gives them some identity. They invented the Speedee system to get fast food in the fastest way to the customers. Let us talk about them.
Dick wanted to start a film studio and earn some money in producing some films. Mac wants to get a job that earns some money. Both of the people are failures in achieving their goals. So they want to start something that changes their life and earns some recognition to them as brothers. They want to start a business of burgers. They want to do in a special way. So dick has made this Speedee system where customer can get the burger in a whopping speed of 30 seconds. This made them special in their place San Bernandino. Dick is inspired by Wylie Reid who had this restaurant where he used to get the people everything to eat in less time. So these brothers have started burger center in a place called Arcadia in 1940. They provided customers with Burger and french fries in less time. Dick took the measures to get french fries cooked up to a configured temperature.
Here comes the main person who changed the future of McDonald's Ray Kroc. He is just a salesman in a company later he started his own sales company. Ray Kroc used the sale of those products to the neighborhood people and restaurants. One of the product is the icecream machine for the sake of milkshakes. Dick has got the information about it the ice cream machines. SO he ordered 6 machines. Ray Kroc was surprised first about the number of machines ordered because no restaurant or any joint never ordered these many machines. So he wanted to pay a visit to the joint which is a distant place from the place he is. Even though he made a visit and Dick was there he gave him a tour in the Speedee system and the store how they are successful in providing customers fastest burger in the place. He was astonished and he wanted to know the story of these guys so he invited them to the dinner with him. They had dinner and told the story of there restaurant. He couldn't get over the restaurant and its best way of getting customers burger. He made up his mind and he wanted to franchise the idea. He asked them and they first opposed the idea because they have already tried the idea. they don't want because they can't maintain the standards when it comes to a large number of stores. So they opposed it. But Ray wants to franchise he said he will take care of those things. He made an agreement with them. then he started to give the franchise to other people to enlarge it. He used to earn little but he wants to enlarge it that is the main idea and he never deviated from it. But he never earned money this made him lose everything in the mortgage then comes the banker who said him he can earn lots of money frame the real estate beneath the restaurant. This idea changed his life. He used to buy all the land before the construction of the restaurant and sell the land after the construction for a larger amount this made him rich and later he bought the company from dick and mac for larger amounts. This is his first achievement and later he made this McDonald's as the greatest franchise ever existed.

Monday, April 15, 2019

WHAT IS PANAMA PAPERS ISSUE?

The Panama papers are data leak related to the money fraud made by many national leaders belonging to different nations. All the data is related to the data about illegal money or black money stored in offshore accounts. All this data is leaked by an insider in the company's database.
The Panama papers are an unprecedented leak of 11.5m files from the database of the world's fourth-biggest offshore law firm, Mossack Fonseca. The records were obtained from an anonymous source by the German newspaper Suddeutsche Zeitung, which shared them with the International Consortium of Investigative Journalists(ICIJ). The ICIJ then shared them with a large network of international partners, including the Guardian and the BBC.
The main issue is what they revealed. The documents containing the information about the myriad ways in which the rich can exploit secretive offshore tax regimes. Twelve national leaders are among 143 politicians, their families and close associates from around the world known to have been using offshore tax heavens.
A $2bn trail leads all the way to Vladimir Putin. The Russian president's best friend - a cellist called Sergei Roldugin - is at the center of a scheme in which money from Russian state banks is hidden offshore. Some of it ends up in a ski resort wherein 2013 Putin's daughter Katerina git married.
Among national leaders with offshore wealth are Nawaz Sharif, Pakistan prime minister; Ayad Allawi,ex-interim prime minister of Ukraine; Alaa Mubarak, son of Egypt's former president; and the prime minister of Iceland, Sigmundur Davio Gunnlaugsson.
 An offshore investment fund run by the father of British prime minister David Cameron avoided ever having to pay tax in Britain by hiring a small army of Bahamas residents to sign its paperwork. The fund has been registered with HM Revenue and Customs since its inception and has filed detailed tax returns every year.
All these things are related to MOSSACK FONSECA. So what is this? It is a Panama based law firm whose services include incorporating companies in offshore jurisdictions such as the British Virgin Islands. It administers offshore firms for a yearly fee. Other services include wealth management.
The firm is Panamanian but runs a worldwide operation. Its website boasts of a global network with 600 people working in 42 countries. It has franchises around the world, where separately owned affiliates sign up new customers and exclusive rights to use its brand. Mossack Fonseca operates in tax havens including Switzerland, Cyprus and the British Virgin Islands, and in the British crown dependencies Guernsey, Jersey and the Isle of Man.
The leak is one of the biggest ever-larger than the US diplomatic cables released by WikiLeaks in 2010 and the secret intelligence documents were given to the journalists by Edward Snowden in2013. there are 11.5m documents and 26 terabytes of information drawn from Mossack Forseca's internal database.



Wednesday, April 10, 2019

WHAT IS A BLACKHOLE?

Most of the people asked me what is a black hole. To answer them I made this post. First of all what is a star. Basically star is a heavenly body which uses helium as fuel to brighten. Like the sun which we are having in or solar system. So what happens when it uses all the fuel. This happens once in lifetime of stars. When all the fuel completes due to the space surrounding makes it to shrink into itself. With this star gets to shrink to the lowest of the sizes and then it blasts emitting the energy in terms of gamma rays. After this the space around it creates a hole. Nobody knows what is there at other end of the hole. Everything that comes near to it gets attracted in to the black hole even light also. There are so many theories about the black hole. But all of them are hypothesis.

Friday, April 5, 2019

ABOUT STEVE JOBS 2

After the major investments Steve jobs started the company Apple inc. in his garage itself. After some days and with his Apple I team he developed the type of computer with all the devices in compatible form as dealer asked. With a display and all the requirements of a computer in a single device. This is the first Personal computer made by a person in history of the world. After the developing of it they published it with the help of others in local technology fest. This has interested many of the other investors to invest in it. With this Apple became first tech industry in the world. After that Apple has released many of the Personal computers made by them. Steve jobs has a girlfriend in the college life itself. They had a baby after the company has started. Steve jobs stated that baby doesn't belong to him(that he is not the father). Even though she made a case against him and the court ordered him to pay the monthly expenses. He named LISA. And he also named the Personal computers as Lisa after her. Many people in the company doesn't like him. Because of his arrogant attitude and he always projected something that is impossible. He wanted impossible to be made by them. After all these situations all the board members wanted someone to stand in place of Steve. So they had so many people but Steve has approached Coca Cola CEO. He resigned due to some issues from the company and joined Apple as CEO. Steve never liked him but due to the investment issues he had to made him do that. He has stubborn attitude in one situation he never liked Press to reach the company,he had to make advertisement to beat the companies like IBM at that time. He had approached an ad company which made ads for IBM. Even though they don't want to do the ads Steve jobs called them daily to accept the offer. At last they made the ad in which they offended IBM company in most of time. This is how he treated the other companies.  After this they had to make a new computer as other companies like Dell,IBM has launched there look alike of Apple computer. They had some ideas about the notepad editor,other basic things which are new to a computer at that time. They made everything into the computer and Steve had this strange idea he wanted the computer has to say hello when he launched the computer. But before the launch itself they had some problems with OS and the main program has crashed due to the issues. So this made Steve very angry and he started dispute with Woz and he made everything to be done before the starting of the event or else he is going lose his job and shares he is having the company. Due to this serious threaten Woz made it possible but he left company after some time. As these type of situations started to rise in the company Board made Steve to drop from the company. All other investors supported this. Finally, Steve relieved from the company. With all the share he had he left the company for good. Then he started another company called as Next. He made an OS with all his ideas. That was the best OS at that time. After his leaving many people tried to develop many things and tried too make many projects but nothing could make company profitable. One of the CEO launched the PDA. It is a notepad with a stylus to write on it. After these things Apple's stock price has dropped half of the value and the investors are in deep debts. At the same time Bill gates was in market with the MICROSOFT OS. This made things terrible. In one interview Bill said that Apple can make a comeback if Steve is in Apple. This made investors to bring him back. They brought him back and made him as a Interim CEO. He launched most of the important products like iMac,iPod and many more. It was his idea too charge more for their products. Woz always asked Steve to specify about apple I team. But he never said a word about them because he never want to talk about the past. And most of the products and patents related to them are made in Ireland. I will explain the reason behind it in another story. This is STEVE JOBS a legend who created tech industry and ruled over it for a decade. Without him we can never expect touch screen,Laptops,iPod and many more.

Monday, April 1, 2019

ABOUT STEVE JOBS

This story is about Steve Jobs. One and only tech giant who started the tech revolution. Without him today we couldn't have Google,Microsoft and other major tech industries.
Steve Jobs has done with his college and started his career with Atari a gaming company as a designer for games. Daily he has some disputes with the other employees regarding his ideas about the games. In one situation he almost got fired for having a dispute with fellow worker regarding the designing a game with color screen rather than black and white. He has futuristic ideas regarding everything. Regarding these situations Manager has asked Steve to work in night hours. So he started working in night hours for the sake of a project which is based on his idea. But he never had better knowledge regarding the circuit designing. His friend Wozniak is expert in those things. For the idea and the construction of the gaming console which Steve is working on is granted a large amount of 10k$ by Atari. He convinced his friend that he is working on a gaming console and he explained the idea to Wozniak. he agreed to design the circuit. But Steve said that he is getting just 1000$ as a compensation for the game so he would give just 500$ to Wozniak. Woz agreed to this and designed the circuit. In this way he had many games designed by Woz at a low rates. This is the behavior of Steve when it comes to money. That is why till now Apple is the richest company in the world. It is rich enough to buy all the top 50 Fortune 500 companies without hesitation. After so many games Steve once visited Woz house. He had seen a device that looks like a garbage of wires and electronic circuits. He asked Woz what is it. He said it is a Personal Computer. Up to that time computer is a large device which cannot be movable and which requires large electronics to manufacture. Steve had seen a foreseeable future with that device. Woz and Steve went to local Science fair of electronics and tried to explain about the device. Nobody liked to see it or even think about it. They were almost returning to their homes but one merchant from nowhere came to them and asked about it. they explained everything and he was interested in making more devices like that. He invested in them and asked them to build one hundred of them. This was the first achievement and they made it with the help of other people from around neighborhoods of Steve's house. These people are called Apple's First team. The investor was not happy with idea of having computer and display separate. He asked them to make them join. This was the first idea of making a personal computer. Steve liked this idea and started working on it. He has seen future in this device and asked so many investors to invest in them. Then one investor comes with large amount invests in it. This is the starting of Apple Inc.
What happened later is in next chapter wait for it.

Monday, March 25, 2019

Apple tv and tv +

Apple has launched another subscription service called as apple tv with it one can watch all the tv shows form major platforms such as hulu,amazon prime,hotstar and other streaming platforms. Apple tv + is another streaming platform to produce major tv series and films on a streaming channel like that of Netflix. In apple tv + we can see major celebrities like Steven Speilberg, Jennifer aniston, Jason momoa and many others. It is answer to Netflix's streaming service from apple.

Apple arcade

After the Google's stadia, apple has made its subscription service without online gaming. Its Apple arcade with it one can play the games in all platforms tv,phone, Nintendo and everything has to be downloaded. In this way one can enjoy games without limitation of on device playing. One can switch between devices.

Apple card

Apple launched another service called as Aple card. It can be used to get all the bank accounts of user into a single card. Same as that of paytm. It will track your monthly expenses in various fields such as food and clothing, entertainment. Monthly graph will also be made about the expenses.

Apple latest launches

Apple one of the tech giant has launched some of the subscription services to take down major platforms. One of them is Apple news +. In india we are having jio mag app which contain all the magazines(most of the). With apple news + one can get all the magazines and daily news subscription from major news platforms at a rate of 9.99$. It uses on device intelligence to get the user recommendations and it can be used for privacy also. With it no other can get the user info to flush the ads on to the user screen.

Thursday, January 10, 2019

From modular vans to autonomous cars -- and, as recently revealed at CES, gesture-based controls -- Mercedes has some big ambitions for the next generation of its vehicles. Now, it's announced that AI company NVIDIA will be the team to help it achieve them.
Speaking to the audience at the Mercedes-Benz booth at this year's CES, Mercedes-Benz Executive Vice President Sajjad Khan and NVIDIA founder and CEO Jensen Huang unveiled their vision for the next-generation of AI vehicles. "We're announcing a new partnership going forward, creating a computer that defines the future of autonomous vehicles, the future of AI and the future of mobility," said Huang.
Considering the level of spectacle you can find at CES, it's easy to forget that some companies here would rather build products that help people instead of flashy displays. Consider Neofect: we met this startup the last year and found a lot to like about its NeoMano glove, a wearable that helps people who suffer from specific kinds of paralysis regain some use of their hands.
The last time we checked in, the startup had a mostly functional model but still hadn't gotten things to the point where they could actually start producing NeoManos for the masses. Since then, though, Neofect redesigned the glove in a few crucial ways (and delivered on its promise to make the NeoMano look a little "cooler") and successfully ushered it through an IndieGogo campaign. So, what's actually new here?
For one, it's a little more comfortable (not to mention sanitary) to wear since the titanium wires used to raise and lower paralyzed fingers are now covered. More importantly, though, it's (mostly) all wireless. The original version required a hardwired connection between all of the NeoMano's components, which would've been pretty unwieldy for real-world use. The current glove, which we're told is basically the same as the version that will ship to backers this summer, connects to a power and control unit that rests on the wearer's forearm. That box then connects to remote users can wear around their necks, giving them quick access to the grip and open hand controls.
According to Amazon, Cybic is the first company to offer an Alexa-enabled bike. The complete range, which includes a hybrid and non-electric Legend, will be sold in the UK through Halfrods . A Cybic spokesperson hinted that the bicycles will come to other markets later.
           The Cybic E-Legend has a small color-display computer, nestled in the middle of the handlebars, that houses a small speaker and far-field microphone array. The latter was surprisingly sensitive -- on the show floor, packed with loud attendees, it picked up my "Alexa" requests just fine. Of course, a convention booth is quite different to real-life riding conditions. I'll be interested to see how the microphones hold up while I'm riding at high speed, with plenty of wind and noisy cars around me.
The View 20 packs one of Huawei's Kirin 980 chipsets (the same used in the Mate 20 Pro we loved, 6GB or 8GB of RAM, up to 256GB of onboard storage, a 4,000mAh battery and a whopper of a 48-megapixel rear camera. Not too shabby. While I'm not usually one to dwell on looks, the Honor View 20 is nothing if not eye-catching. That's partially due to its rear, which pops dramatically thanks to a laser-etched V pattern nestled under the back glass. More impressive, though, is the 6.4-inch LCD screen up front — it essentially leaves no room for bezels, and there's no missing the 25-megapixel front camera exposed by a hole in the display itself.
This is one of the first hole-punch displays I've ever seen, and I'll be honest: future smartphones should all look like this. (Since Samsung is moving in the same direction with its Galaxy S10, that's probably exactly what will happen.) It didn't take that long at all to stop noticing it was there, either, and, which is the best case scenario for a curious screen design like this one. It certainly doesn't hurt that the screen itself seems pretty solid — it doesn't pack the same punch as the Mate 20 Pro's AMOLED, but it's a concession that's easy to live with considering the price.
After lagging behind with Vega desktop GPUs for a few years, AMD announced a major upgrade today: the Radeon 7, the first 7nm GPU for gamers. It's a powerful card capable of serious 4K performance. Its new architecture means it won't use up too much power, while leaving plenty of room for overclockers to push it even further. But there's no real-time ray tracing, a technology that NVIDIA has been pushing since last year when it unveiled its RTX Desktops. So where does this leave AMD?
             "We view it as a broad ecosystem, we don't focus on just one technology, we need all this stuff to really come together," Su said. That's an understandable strategy for AMD. Even though NVIDIA has been talking about real-time ray tracing for the past year and just announced notebook RTX chips, there are still only a handful of games supporting that technology. And it didn't help that the RTX 2070 and 2080 were much more expensive than the previous generation GPUs. (The recently announced RTX 2060 is its first "affordable" ray tracing card.) If you actually want consumers to see the value of ray tracing, it might make more sense to wait until there are games and plenty of developers using it first.

Tuesday, January 8, 2019

Corsair is launching its own take on the concept, the Harpoon RGB Wireless, at CES. The peripheral gives you the option of ditching USB (which remains an option here) for a 2.4GHz Slipstream Wireless connection that promises less than 1ms of latency. If you miss a shot, it probably won't be due to the delay. There's also Bluetooth in case you'd like to quickly switch the Harpoon to your laptop.
Petcube company has launched these devices. These are useful to give orders to the pets when the user is outdoor. Here the alexa is used as a voice over for us. It will give the orders on our behalf.
Whirlpool has launched this smart oven at CES. It comes with a camera inside it. It can see the products that have been kept in it. Based on the items it can select the timer automatically.

                                Royole FlexPai

  At the CES this is the first phone launched with a foldable screen.  It comes with Snapdragon 855 chipset. Either 6 or 8 GB of Ram,128 GB or 256GB of storage. 16+20MP dual rear camera. It comes with Android 9.0 Pie(Albeit version). The screen comes with 7.8 inch Amoled display.                                

CES Conference

The CES conference is official has started. Stay tuned for the updates.