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๐ Hoover (Seal)
Hoover (c.โ1971 โ July 25, 1985) was a harbor seal who was able to imitate basic human speech.
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- "Hoover (Seal)" | 2021-09-02 | 102 Upvotes 9 Comments
๐ The Panic of 1907
The Panic of 1907 โ also known as the 1907 Bankers' Panic or Knickerbocker Crisis โ was a financial crisis that took place in the United States over a three-week period starting in mid-October, when the New York Stock Exchange fell almost 50% from its peak the previous year. Panic occurred, as this was during a time of economic recession, and there were numerous runs on banks and trust companies. The 1907 panic eventually spread throughout the nation when many state and local banks and businesses entered bankruptcy. Primary causes of the run included a retraction of market liquidity by a number of New York City banks and a loss of confidence among depositors, exacerbated by unregulated side bets at bucket shops.
The panic was triggered by the failed attempt in October 1907 to corner the market on stock of the United Copper Company. When this bid failed, banks that had lent money to the cornering scheme suffered runs that later spread to affiliated banks and trusts, leading a week later to the downfall of the Knickerbocker Trust CompanyโNew York City's third-largest trust. The collapse of the Knickerbocker spread fear throughout the city's trusts as regional banks withdrew reserves from New York City banks. Panic extended across the nation as vast numbers of people withdrew deposits from their regional banks. It is the 9th largest decline in U.S. stock market history.
The panic might have deepened if not for the intervention of financier J. P. Morgan, who pledged large sums of his own money, and convinced other New York bankers to do the same, to shore up the banking system. This highlighted the impotence of the nation's Independent Treasury system, which managed the nation's money supply yet was unable to inject liquidity back into the market. By November, the financial contagion had largely ended, only to be replaced by a further crisis. This was due to the heavy borrowing of a large brokerage firm that used the stock of Tennessee Coal, Iron and Railroad Company (TC&I) as collateral. Collapse of TC&I's stock price was averted by an emergency takeover by Morgan's U.S. Steel Corporationโa move approved by anti-monopolist president Theodore Roosevelt. The following year, Senator Nelson W. Aldrich, a leading Republican, established and chaired a commission to investigate the crisis and propose future solutions, leading to the creation of the Federal Reserve System.
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- "The Panic of 1907" | 2021-09-02 | 18 Upvotes 2 Comments
๐ Hashcash
Hashcash is a proof-of-work system used to limit email spam and denial-of-service attacks, and more recently has become known for its use in bitcoin (and other cryptocurrencies) as part of the mining algorithm. Hashcash was proposed in 1997 by Adam Back and described more formally in Back's 2002 paper "Hashcash - A Denial of Service Counter-Measure".
๐ The Californian Ideology
"The Californian Ideology" is a 1995 essay by English media theorists Richard Barbrook and Andy Cameron of the University of Westminster. Barbrook describes it as a "critique of dotcom neoliberalism". In the essay, Barbrook and Cameron argue that the rise of networking technologies in Silicon Valley in the 1990s was linked to American neoliberalism and a paradoxical hybridization of beliefs from the political left and right in the form of hopeful technological determinism.
The original essay was published in Mute magazine in 1995 and later appeared on the nettime Internet mailing list for debate. A final version was published in Science as Culture in 1996. The critique has since been revised in several different versions and languages.
Andrew Leonard of Salon called Barbrook & Cameron's work "one of the most penetrating critiques of neo-conservative digital hypesterism yet published."
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- "The Californian Ideology" | 2021-09-01 | 11 Upvotes 3 Comments
๐ Aaron Swartz
Aaron Hillel Swartz (November 8, 1986ย โ January 11, 2013) was an American computer programmer, entrepreneur, writer, political organizer, and Internet hacktivist. He was involved in the development of the web feed format RSS, the Markdown publishing format, the organization Creative Commons, and the website framework web.py, and joined the social news site Reddit six months after its founding. He was given the title of co-founder of Reddit by Y Combinator owner Paul Graham after the formation of Not a Bug, Inc. (a merger of Swartz's project Infogami and Redbrick Solutions, a company run by Alexis Ohanian and Steve Huffman). Swartz's work also focused on civic awareness and activism. He helped launch the Progressive Change Campaign Committee in 2009 to learn more about effective online activism. In 2010, he became a research fellow at Harvard University's Safra Research Lab on Institutional Corruption, directed by Lawrence Lessig. He founded the online group Demand Progress, known for its campaign against the Stop Online Piracy Act.
In 2011, Swartz was arrested by Massachusetts Institute of Technology (MIT) police on state breaking-and-entering charges, after connecting a computer to the MIT network in an unmarked and unlocked closet, and setting it to download academic journal articles systematically from JSTOR using a guest user account issued to him by MIT. Federal prosecutors, led by Carmen Ortiz, later charged him with two counts of wire fraud and eleven violations of the Computer Fraud and Abuse Act, carrying a cumulative maximum penalty of $1ย million in fines, 35 years in prison, asset forfeiture, restitution, and supervised release. Swartz declined a plea bargain under which he would have served six months in federal prison. Two days after the prosecution rejected a counter-offer by Swartz, he was found dead by suicide in his Brooklyn apartment. In 2013, Swartz was inducted posthumously into the Internet Hall of Fame.
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- "Aaron Swartz died 11 years ago today" | 2024-01-11 | 181 Upvotes 26 Comments
- "Aaron Swartz" | 2021-08-31 | 49 Upvotes 1 Comments
๐ Extreme Ironing
Extreme ironing (also called EI) is an extreme sport in which people take ironing boards to remote locations and iron items of clothing. According to the Extreme Ironing Bureau, extreme ironing is "the latest danger sport that combines the thrills of an extreme outdoor activity with the satisfaction of a well-pressed shirt."
Part of the attraction and interest the media has shown towards extreme ironing seems to center on the issue of whether it is really a sport or not. It is widely considered to be tongue-in-cheek.
Some other locations where such performances have taken place include a mountainside of a difficult climb; a forest; in a canoe; while skiing or snowboarding; on top of large bronze statues; in the middle of a street; underwater; in the middle of the M1 motorway; race; whilst parachuting; and under the ice sheet of a frozen lake. The performances have been conducted solo or by groups.
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- "Extreme Ironing" | 2021-08-31 | 411 Upvotes 172 Comments
๐ Lee โScratchโ Perry inventor of Dub dies at 85
Lee "Scratch" Perry (born Rainford Hugh Perry; 20/28 March 1936 โ 29 August 2021) was a Jamaican record producer and singer noted for his innovative studio techniques and production style. Perry was a pioneer in the 1970s development of dub music with his early adoption of remixing and studio effects to create new instrumental or vocal versions of existing reggae tracks. He worked with and produced for a wide variety of artists, including Bob Marley and the Wailers, Junior Murvin, The Congos, Max Romeo, Adrian Sherwood, Beastie Boys, Ari Up, The Clash, The Orb, and many others.
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- "Lee โScratchโ Perry inventor of Dub dies at 85" | 2021-08-29 | 55 Upvotes 4 Comments
๐ Biophilic Design
Biophilic design is a concept used within the building industry to increase occupant connectivity to the natural environment through the use of direct nature, indirect nature, and space and place conditions. Used at both the building and city-scale, it is argued that this idea has health, environmental, and economic benefits for building occupants and urban environments, with few drawbacks. Although its name was coined in recent history, indicators of biophilic design have been seen in architecture from as far back as the Hanging Gardens of Babylon.
๐ JScript
JScript is Microsoft's dialect of the ECMAScript standard that is used in Microsoft's Internet Explorer.
JScript is implemented as an Active Scripting engine. This means that it can be "plugged in" to OLE Automation applications that support Active Scripting, such as Internet Explorer, Active Server Pages, and Windows Script Host. It also means such applications can use multiple Active Scripting languages, e.g., JScript, VBScript or PerlScript.
JScript was first supported in the Internet Explorer 3.0 browser released in August 1996. Its most recent version is JScript 9.0, included in Internet Explorer 9.
JScript 10.0 is a separate dialect, also known as JScript .NET, which adds several new features from the abandoned fourth edition of the ECMAScript standard. It must be compiled for .NET Framework version 2 or version 4, but static type annotations are optional.
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- "JScript" | 2021-08-29 | 15 Upvotes 18 Comments
๐ Inductive Reasoning Aptitude
Inductive reasoning aptitude (also called differentiation or inductive learning ability) measures how well a person can identify a pattern within a large amount of data. It involves applying the rules of logic when inferring general principles from a constellation of particulars.
Measurement is generally done in a timed test by showing four pictures or words and asking the test taker to identify which of the pictures or words does not belong in the set. The test taker is shown a large number of sets of various degrees of difficulty. The measurement is made by timing how many of these a person can properly identify in a set period of time. The test resembles the game 'Which of These Is Not Like the Others'.
Inductive reasoning is very useful for scientists, auto mechanics, system integrators, lawyers, network engineers, medical doctors, system administrators and members of all fields where substantial diagnostic or data interpretation work is needed. Inductive reasoning aptitude is also useful for learning a graphical user interface quickly, because highly inductive people are very good at seeing others' categorization schemes. Inductive reasoning aptitude is often counter-productive in fields like sales where tolerance is very important, because highly inductive people tend to be good at seeing faults in others.
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- "Inductive Reasoning Aptitude" | 2021-08-28 | 23 Upvotes 8 Comments