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🔗 California 🔗 California/San Francisco Bay Area 🔗 Internet

The "PayPal Mafia" is a group of former PayPal employees and founders who have since founded and developed additional technology companies such as Tesla Motors, LinkedIn, Palantir Technologies, SpaceX, YouTube, Yelp, and Yammer. Most of the members attended Stanford University or University of Illinois at Urbana–Champaign at some point in their studies.

🔗 Automobiles 🔗 Japan 🔗 Japan/Car

Kei car (or keijidōsha, kanji: 軽自動車, "light automobile", pronounced [keːdʑidoːɕa]), known variously outside Japan as Japanese city car, ultramini, or Japanese microcar, is the Japanese vehicle category for the smallest highway-legal passenger cars. Similar Japanese categories exist for microvans, and kei trucks. These vehicles are most often the Japanese equivalent of the EU A-segment (city cars).

The kei-car category was created by the Japanese government in 1949, and the regulations have been revised several times since. These regulations specify a maximum vehicle size, engine capacity, and power output, so that owners may enjoy both tax and insurance benefits. In most rural areas they are also exempted from the requirement to certify that adequate parking is available for the vehicle.

Kei cars have become very successful in Japan, consisting of over one-third of domestic new-car sales in fiscal 2016, despite dropping from a record 40% market share in 2013, after the government increased the kei-car tax by 50% in 2014. In 2018, seven of the 10 top-selling models were kei cars, including the top four, all boxy passenger vans: Honda N-Box, Suzuki Spacia, Nissan Dayz, and Daihatsu Tanto. Isuzu is the only manufacturer that has never offered a kei-sized vehicle for either private ownership or commercial trucks and microvans.

In export markets, though, the genre is generally too specialized and too small for most models to be profitable. Notable exceptions exist, though, for instance the Suzuki Alto and Jimny models, which were exported consistently from around 1980. Kei cars are not only popular with the elderly, but they are also popular with youths because of their affordability.

Nearly all kei cars have been designed and manufactured in Japan, but a version of the French-made Smart was briefly imported and officially classified as a kei car, and since then, the British Caterham 7 160 has also received such classification.

🔗 Biography 🔗 United Kingdom 🔗 Ships

The rescue of Roger Mallinson and Roger Chapman occurred between 29 August and 1 September 1973 after their Vickers Oceanics small submersible Pisces III was trapped on the seabed at a depth of 1,575 ft (480 m), 150 mi (240 km) off Ireland in the Celtic Sea. The 76-hour multinational rescue effort resulted in the deepest sub rescue in history.

🔗 United States 🔗 Biography 🔗 United States/Massachusetts 🔗 Mammals 🔗 Zoo

Hoover (c. 1971 – July 25, 1985) was a harbor seal who was able to imitate basic human speech.

🔗 United States 🔗 Finance & Investment 🔗 Economics 🔗 Business

The Panic of 1907 – also known as the 1907 Bankers' Panic or Knickerbocker Crisis – 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 Company—New 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 Corporation—a 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.

🔗 Cryptography 🔗 Cryptography/Computer science 🔗 Numismatics 🔗 Numismatics/Cryptocurrency

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".

🔗 California 🔗 Technology 🔗 Politics 🔗 Objectivism 🔗 Politics/Libertarianism

"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."

🔗 Sports

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.

🔗 Israel 🔗 Apps

Yo is a social mobile application for iOS, Android, and formerly also Windows Phone. Initially, the application's only function was to send the user's friends the word "yo" as a text and audio notification, but it has since been updated to enable users to attach links and location to their "Yo"s.

🔗 Biography 🔗 Biography/Musicians 🔗 Caribbean 🔗 Reggae 🔗 Record Production 🔗 Caribbean/Jamaica

Lee "Scratch" Perry (born Rainford Hugh Perry; 20/28 March 1936 – 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.