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🔗 Typography

A California job case is a kind of type case: a compartmentalized wooden box used to store movable type used in letterpress printing. It was the most popular and accepted of the job case designs in America. The California job case took its name from the Pacific Coast location of the foundries that made the case popular.

The defining characteristic of the California job case is the layout, documented by J. L. Ringwalt in the American Encyclopaedia of Printing in 1871, as used by San Francisco printers. This modification of a previously popular case, the Italic, it was claimed reduced the compositor's hand travel as he set the pieces of type into his composing stick by more than half a mile per day. In the previous convention, upper- and lowercase type were kept in separate cases, or trays. This is why capital letters are called uppercase and the minuscules are lowercase. The combined case became popular during the western expansion of the United States in the 19th century.

🔗 Mathematics 🔗 Statistics

Itô calculus, named after Kiyosi Itô, extends the methods of calculus to stochastic processes such as Brownian motion (see Wiener process). It has important applications in mathematical finance and stochastic differential equations.

The central concept is the Itô stochastic integral, a stochastic generalization of the Riemann–Stieltjes integral in analysis. The integrands and the integrators are now stochastic processes:

${\displaystyle Y_{t}=\int _{0}^{t}H_{s}\,dX_{s},}$

where H is a locally square-integrable process adapted to the filtration generated by X (Revuz & Yor 1999, Chapter IV), which is a Brownian motion or, more generally, a semimartingale. The result of the integration is then another stochastic process. Concretely, the integral from 0 to any particular t is a random variable, defined as a limit of a certain sequence of random variables. The paths of Brownian motion fail to satisfy the requirements to be able to apply the standard techniques of calculus. So with the integrand a stochastic process, the Itô stochastic integral amounts to an integral with respect to a function which is not differentiable at any point and has infinite variation over every time interval. The main insight is that the integral can be defined as long as the integrand H is adapted, which loosely speaking means that its value at time t can only depend on information available up until this time. Roughly speaking, one chooses a sequence of partitions of the interval from 0 to t and constructs Riemann sums. Every time we are computing a Riemann sum, we are using a particular instantiation of the integrator. It is crucial which point in each of the small intervals is used to compute the value of the function. The limit then is taken in probability as the mesh of the partition is going to zero. Numerous technical details have to be taken care of to show that this limit exists and is independent of the particular sequence of partitions. Typically, the left end of the interval is used.

Important results of Itô calculus include the integration by parts formula and Itô's lemma, which is a change of variables formula. These differ from the formulas of standard calculus, due to quadratic variation terms.

In mathematical finance, the described evaluation strategy of the integral is conceptualized as that we are first deciding what to do, then observing the change in the prices. The integrand is how much stock we hold, the integrator represents the movement of the prices, and the integral is how much money we have in total including what our stock is worth, at any given moment. The prices of stocks and other traded financial assets can be modeled by stochastic processes such as Brownian motion or, more often, geometric Brownian motion (see Black–Scholes). Then, the Itô stochastic integral represents the payoff of a continuous-time trading strategy consisting of holding an amount H_t of the stock at time t. In this situation, the condition that H is adapted corresponds to the necessary restriction that the trading strategy can only make use of the available information at any time. This prevents the possibility of unlimited gains through clairvoyance: buying the stock just before each uptick in the market and selling before each downtick. Similarly, the condition that H is adapted implies that the stochastic integral will not diverge when calculated as a limit of Riemann sums (Revuz & Yor 1999, Chapter IV).

🔗 United Kingdom 🔗 Education 🔗 Science

The Nuffield Science Teaching Project was a programme to develop a better approach to teaching science in British secondary schools, under the auspices of the Nuffield Foundation. Although not intended as a curriculum, it gave rise to alternative national examinations, and its use of discovery learning was influential in the 1960s and 1970s.

🔗 United States 🔗 Media 🔗 Popular Culture 🔗 Georgia (U.S. state) 🔗 United States/United States Presidents 🔗 Animals in media

The Jimmy Carter rabbit incident, sensationalized as the "killer rabbit attack" by the press, involved a swamp rabbit (Sylvilagus aquaticus) that swam toward then-U.S. President Jimmy Carter's fishing boat on April 20, 1979. The incident caught the imagination of the media after Carter's press secretary, Jody Powell, mentioned the event to a correspondent months later.

Political opponents argued that the incident was symbolic of Carter's purported weakness. According to Powell, anti-Carter political commentators went so far as to blame it for the Soviet invasion of Afghanistan and the Iran hostage crisis.

🔗 Military history 🔗 Military history/North American military history 🔗 Military history/United States military history 🔗 Books 🔗 Business

War Is a Racket is a speech and a 1935 short book by Smedley D. Butler, a retired United States Marine Corps Major General and two-time Medal of Honor recipient. Based on his career military experience, Butler discusses how business interests commercially benefit from warfare. He had been appointed commanding officer of the Gendarmerie during the 1915–1934 United States occupation of Haiti.

After Butler retired from the US Marine Corps in October 1931, he made a nationwide tour in the early 1930s giving his speech "War Is a Racket". The speech was so well received that he wrote a longer version as a short book published in 1935. His work was condensed in Reader's Digest as a book supplement, which helped popularize his message. In an introduction to the Reader's Digest version, Lowell Thomas, who wrote Butler’s oral autobiography, praised Butler's "moral as well as physical courage".

🔗 Biography 🔗 Computing 🔗 Computing/Computer hardware 🔗 Business 🔗 Women scientists 🔗 Biography/science and academia 🔗 Electrical engineering 🔗 Taiwan 🔗 Women in Business

Lisa Su (Chinese: 蘇姿丰; Pe̍h-ōe-jī: So͘ Chu-hong; born 7 November 1969) is a Taiwanese-born American business executive and electrical engineer, who is the president, chief executive officer and chair of AMD. Early in her career, Su worked at Texas Instruments, IBM, and Freescale Semiconductor in engineering and management positions. She is known for her work developing silicon-on-insulator semiconductor manufacturing technologies and more efficient semiconductor chips during her time as vice president of IBM's Semiconductor Research and Development Center.

Su was appointed president and CEO of AMD in October 2014, after joining the company in 2012 and holding roles such as senior vice president of AMD's global business units and chief operating officer. She currently serves on the boards of Cisco Systems, Global Semiconductor Alliance and the U.S. Semiconductor Industry Association, and is a fellow of the Institute of Electrical and Electronics Engineers (IEEE). Recognized with a number of awards and accolades, she was named Executive of the Year by EE Times in 2014 and one of the World's Greatest Leaders in 2017 by Fortune. She became the first woman to receive the IEEE Robert Noyce Medal in 2021.

🔗 Environment 🔗 Insects 🔗 Ecology

An increasing number of scientific studies are reporting substantial declines in insect populations worldwide. Most commonly, the declines involve reductions in abundance, though in some cases entire species are going extinct. The declines are far from uniform. In some localities, there have been reports of increases in overall insect population, and some types of insects appear to be increasing in abundance across the world.

Some of the insects most affected include bees, butterflies, moths, beetles, dragonflies and damselflies. Anecdotal evidence has been offered of much greater apparent abundance of insects in the 20th century; recollections of the windscreen phenomenon are an example.

Possible causes are similar to other biodiversity loss, with studies identifying: habitat destruction, including intensive agriculture; the use of pesticides (particularly insecticides); urbanization, and industrialization; introduced species; and climate change. Not all insect orders are affected in the same way; many groups are the subject of limited research, and comparative figures from earlier decades are often not available.

In response to the reported declines, increased insect related conservation measures have been launched. In 2018 the German government initiated an "Action Programme for Insect Protection", and in 2019 a group of 27 British entomologists and ecologists wrote an open letter calling on the research establishment in the UK "to enable intensive investigation of the real threat of ecological disruption caused by insect declines without delay".

🔗 Computing

The Andrew File System (AFS) is a distributed file system which uses a set of trusted servers to present a homogeneous, location-transparent file name space to all the client workstations. It was developed by Carnegie Mellon University as part of the Andrew Project. Originally named "Vice", "Andrew" refers to Andrew Carnegie and Andrew Mellon. Its primary use is in distributed computing.

🔗 Athletics 🔗 Running 🔗 Equine

The Man versus Horse Marathon is an annual race over 22 miles (35 km), where runners compete against riders on horseback through a mix of road, trail and mountainous terrain. The race, which is a shorter distance than an official marathon road race, takes place in the Welsh town of Llanwrtyd Wells every June. There are other Man versus Horse races — in Scotland based at Dores, near Loch Ness, in Central North Island, New Zealand and in Prescott, Arizona.