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.

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.

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.

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.

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.