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πŸ”— Webvan

πŸ”— California πŸ”— Companies πŸ”— California/San Francisco Bay Area πŸ”— Internet πŸ”— Food and drink

Webvan was a dot-com company and grocery business that filed for bankruptcy in 2001 after 3 years of operation. It was headquartered in Foster City, California, United States. It delivered products to customers' homes within a 30-minute window of their choosing. At its peak, it offered service in ten US markets: the San Francisco Bay Area; Dallas; Sacramento; San Diego; Los Angeles; Orange County, California; Chicago; Seattle; Portland, Oregon; and Atlanta, Georgia. The company had hoped to expand to 26 cities by 2001.

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πŸ”— Everything Bubble

πŸ”— United States/U.S. Government πŸ”— United States πŸ”— Finance & Investment πŸ”— Economics πŸ”— Numismatics

The everything bubble refers to the correlated impact of monetary easing by the Federal Reserve (and followed by the ECB and the BOJ), on asset prices in most asset classes, namely equities, housing, bonds, many commodities, and even exotic assets such as cryptocurrencies and SPACs. The term is related to the Fed put, being the tools of direct and indirect quantative easing that the Fed used to execute the monetary easing, and to modern monetary theory, which advocates use of such tools, even in non-crisis periods, to create economic growth through asset price inflation. The term first came in use during the chair of Janet Yellen, but it is most associated with the subsequent chair of Jerome Powell, and the 2020–2021 period of the coronavirus pandemic.

The everything bubble was not only notable for the simultaneous extremes in valuations recorded in a wide range of asset classes and the high level of speculation in the market, but also that this was achieved in a period of recession, high unemployment, trade wars, and political turmoil – leading to a realization that it was uniquely a central bank creation, with concerns on the independence and integrity of market pricing, and on the Fed's impact on wealth inequality.

Bloomberg attributed Powell's maintenance of monetary stimulus into 2021 (the final year of his first term as Fed chair), in spite of warnings of unprecedented levels of market risk and speculation, to his fear of repeating the crash in Q4 2018 when he started quantitative tightening; thus extending the bubble.

High up on his [President Biden] list, and sooner rather than later, will be dealing with the consequences of the biggest financial bubble in U.S. history. Why the biggest? Because it encompasses not just stocks but pretty much every other financial asset too. And for that, you may thank the Federal Reserve.

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πŸ”— Grace Hopper

πŸ”— United States/U.S. Government πŸ”— United States πŸ”— Biography πŸ”— Computing πŸ”— Military history πŸ”— Military history/North American military history πŸ”— United States/Military history - U.S. military history πŸ”— Military history/Military science, technology, and theory πŸ”— New York City πŸ”— Women scientists πŸ”— Biography/science and academia πŸ”— Women's History πŸ”— Military history/Military biography πŸ”— Biography/military biography πŸ”— Software πŸ”— Software/Computing πŸ”— Military history/Maritime warfare πŸ”— Pritzker Military Library

Grace Brewster Murray Hopper (nΓ©eΒ Murray December 9, 1906 – January 1, 1992) was an American computer scientist and United States Navy rear admiral. One of the first programmers of the Harvard MarkΒ I computer, she was a pioneer of computer programming who invented one of the first linkers. She popularized the idea of machine-independent programming languages, which led to the development of COBOL, an early high-level programming language still in use today.

Prior to joining the Navy, Hopper earned a Ph.D. in mathematics from Yale University and was a professor of mathematics at Vassar College. Hopper attempted to enlist in the Navy during World War II but was rejected because she was 34 years old. She instead joined the Navy Reserves. Hopper began her computing career in 1944 when she worked on the Harvard Mark I team led by Howard H. Aiken. In 1949, she joined the Eckert–Mauchly Computer Corporation and was part of the team that developed the UNIVAC I computer. At Eckert–Mauchly she began developing the compiler. She believed that a programming language based on English was possible. Her compiler converted English terms into machine code understood by computers. By 1952, Hopper had finished her program linker (originally called a compiler), which was written for the A-0 System. During her wartime service, she co-authored three papers based on her work on the Harvard Mark 1.

In 1954, Eckert–Mauchly chose Hopper to lead their department for automatic programming, and she led the release of some of the first compiled languages like FLOW-MATIC. In 1959, she participated in the CODASYL consortium, which consulted Hopper to guide them in creating a machine-independent programming language. This led to the COBOL language, which was inspired by her idea of a language being based on English words. In 1966, she retired from the Naval Reserve, but in 1967 the Navy recalled her to active duty. She retired from the Navy in 1986 and found work as a consultant for the Digital Equipment Corporation, sharing her computing experiences.

The U.S. Navy Arleigh Burke-class guided-missile destroyer USSΒ Hopper was named for her, as was the Cray XE6 "Hopper" supercomputer at NERSC. During her lifetime, Hopper was awarded 40 honorary degrees from universities across the world. A college at Yale University was renamed in her honor. In 1991, she received the National Medal of Technology. On November 22, 2016, she was posthumously awarded the Presidential Medal of Freedom by President Barack Obama.

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πŸ”— US Gold Reserve Act

πŸ”— United States πŸ”— Numismatics πŸ”— Numismatics/American currency πŸ”— U.S. Congress

The United States Gold Reserve Act of January 30, 1934 required that all gold and gold certificates held by the Federal Reserve be surrendered and vested in the sole title of the United States Department of the Treasury. It also prohibited the Treasury and financial institutions from redeeming dollar bills for gold, established the Exchange Stabilization Fund under control of the Treasury to control the dollar’s value without the assistance (or approval) of the Federal Reserve, and authorized the president to establish the gold value of the dollar by proclamation.

Immediately following passage of the Act, the President, Franklin D. Roosevelt, changed the statutory price of gold from $20.67 per troy ounce to $35. This price change incentivized gold miners globally to expand production and foreigners to export their gold to the United States, while simultaneously devaluing the U.S. dollar by increasing inflation. The increase in gold reserves due to the price change resulted in a large accumulation of gold in the Federal Reserve and U.S. Treasury, much of which was stored in the United States Bullion Depository at Fort Knox and other locations. The increase in gold reserves increased the money supply, lowering real interest rates which in turn increased investment in durable goods.

A year earlier, in 1933, Executive Order 6102 had made it a criminal offense for U.S. citizens to own or trade gold anywhere in the world, with exceptions for some jewelry and collector's coins. These prohibitions were relaxed starting in 1964 – gold certificates were again allowed for private investors on April 24, 1964, although the obligation to pay the certificate holder on demand in gold specie would not be honored. By 1975 Americans could again freely own and trade gold.

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πŸ”— Solar pond

πŸ”— Technology πŸ”— Energy

A solar pond is a pool of saltwater which collects and stores solar thermal energy. The saltwater naturally forms a vertical salinity gradient also known as a "halocline", in which low-salinity water floats on top of high-salinity water. The layers of salt solutions increase in concentration (and therefore density) with depth. Below a certain depth, the solution has a uniformly high salt concentration.

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πŸ”— Don't Mess with Texas

πŸ”— United States πŸ”— Environment πŸ”— Marketing & Advertising πŸ”— United States/Texas πŸ”— Road transport πŸ”— U.S. Roads πŸ”— U.S. Roads/Texas

Don't Mess with Texas is a slogan for a campaign aimed at reducing littering on Texas roadways by the Texas Department of Transportation. The phrase "Don't Mess with Texas" is prominently shown on road signs on major highways, television, radio and in print advertisements. The campaign is credited with reducing litter on Texas highways roughly 72% between 1987 and 1990. The campaign's target market was 18- to 35-year-old males, which was statistically shown to be the most likely to litter. While the slogan was not originally intended to become a statewide cultural phenomenon, it did.

Beyond its immediate role in reducing litter, the slogan has been popularly appropriated by Texans. The phrase has become "an identity statement, a declaration of Texas swagger". Though the origin of the slogan is not well known outside of Texas, it appears on countless items of tourist souvenirs. Since the phrase is a federally registered trademark, the department has tried at times to enforce its trademark rights with cease and desist letters, but has had very limited success. The slogan is the title of the book, Don’t Mess With Texas: The Story Behind the Legend.

"Don't Mess with Texas" has been awarded a plaque on the Madison Avenue Walk of Fame and a place in the Advertising Hall of Fame, a distinction given to only two slogans annually.

"Don't Mess with Texas" is also the official motto of the Virginia-class submarine USS Texas.

In 2011 the result of a public vote for the best "Don't Mess with Texas" ad over the last 25 was revealed, the winner was one created by the Commemorative Air Force (then called the Confederate Air Force). The ad involved the CAF's Boeing B-17 "Sentimental Journey" pursuing and retaliating against a truck from which trash was thrown.

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πŸ”— List of music considered the worst

πŸ”— Lists πŸ”— Songs πŸ”— Albums

This list consists of albums or songs that have been considered the worst music ever made by various combinations of music critics, television broadcasters (such as MTV), radio stations, composers, and public polls.

Individual tastes can vary widely such that very little consensus can be achieved. For example, the winning song in a CNN email poll received less than 5 percent of the total votes cast.

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πŸ”— Mundaneum

πŸ”— Computing πŸ”— Reference works πŸ”— Belgium

The Mundaneum was an institution which aimed to gather together all the world's knowledge and classify it according to a system developed called the Universal Decimal Classification. It was developed at the turn of the 20th century by Belgian lawyers Paul Otlet and Henri La Fontaine. The Mundaneum has been identified as a milestone in the history of data collection and management, and (somewhat more tenuously) as a precursor to the Internet.

In the 21st century, the Mundaneum is a non-profit organisation based in Mons, Belgium that runs an exhibition space, website and archive which celebrate the legacy of the original Mundaneum.

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πŸ”— Beatrice the Sixteenth

πŸ”— Novels πŸ”— Books πŸ”— Science Fiction πŸ”— LGBT studies πŸ”— Women writers πŸ”— Gender Studies πŸ”— Feminism

Beatrice the Sixteenth: Being the Personal Narrative of Mary Hatherley, M.B., Explorer and Geographer is a 1909 feminist utopian novel by the English transgender lawyer and writer Irene Clyde, about a time traveller who discovers a lost world, which is an egalitarian postgender society.

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πŸ”— Mechanical television

πŸ”— Television

Mechanical television or mechanical scan television is a television system that relies on a mechanical scanning device, such as a rotating disk with holes in it or a rotating mirror, to scan the scene and generate the video signal, and a similar mechanical device at the receiver to display the picture. This contrasts with modern television technology, which uses electronic scanning methods, for example electron beams in cathode ray tube (CRT) televisions, and liquid-crystal displays (LCD), to create and display the picture.

Mechanical-scanning methods were used in the earliest experimental television systems in the 1920s and 1930s. One of the first experimental wireless television transmissions was by John Logie Baird on November 25, 1925, in London. By 1928 many radio stations were broadcasting experimental television programs using mechanical systems. However the technology never produced images of sufficient quality to become popular with the public. Mechanical-scan systems were largely superseded by electronic-scan technology in the mid-1930s, which was used in the first commercially successful television broadcasts which began in the late 1930s in Great Britain.

A mechanical television receiver is also called a televisor in some countries.

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