Saturday, May 16, 2020
Sir Tim Berners Lee The Inventor Of The World Wide Web...
Sir Tim Berners-Lee was born June 8th, 1955 in London, England and was one of the four children to Mary Lee Woods and Conway Berners-Lee. Tim Berners-Lee is known and credited as the inventor of the World Wide Web. Both of Tim Berners-Leeââ¬â¢s ââ¬Å"parents worked on the first commercially-built computerâ⬠the Ferranti Mark I, which helped influence him into studying mathematics and science growing up as a child (Tim Berners-Lee Biography, n.d.). Tim attended Sheen Mount Primary School and then went on to study at Emanuel School in London, England. He then later went on to graduate in 1976 from Queenââ¬â¢s College of the University of Oxford with a first-class degree in physics. Soon after graduation, he received employment at a printing firm ââ¬Å"Plessey Telecommunications Ltd., located in Poole, Dorset, Englandâ⬠(Dennis, 2014). He then eventually met his first wife Jane Northcote a fellow programmer who also studied at Oxford University. However, this relations hip ended soon after. He then eventually left Plessey Telecommunications Ltd. and went on to work at the European Organization for Nuclear Research, also known as CERN in Switzerland as a consultant software engineer where he built the first prototype of a hypertext program called ââ¬ËENQUIREââ¬â¢. In July 1990 Tim Berners-Lee married his second wife Nancy Carlson, who was an American computer programmer who he met while working at CERN. Together Berners-Lee and Carlson had two children together. Again, this marriage did not last long andShow MoreRelatedComputers And The World Wide Web Essay1462 Words à |à 6 Pagesthe same purpose is the World Wide Web, more commonly referred to as the Web or the web. Similar to the development of computers, the World Wide Web was not created overnight, but took time, effort, and brainpower to invent. We can credit this fascinating invention that connects everyone in the world to British physicist and computer scientist Sir Tim Berners-Lee. Sir Tim Berners-Lee was born on June 8, 1955 in London, England to Mary Lee Wood and Conway Berners-Lee. Mary Lee and Conway met while theyRead MoreThe world wide web1019 Words à |à 5 PagesThe World Wide Web ââ¬Å"The Web does not just connect machines, it connects peopleâ⬠(Tim Berners-Lee). Tim Berners-Lee wanted to create a way for physicists to communicate information easily between one another. He ended up creating one of the most highly used pieces of software on the internet today and an incredibly versatile way of sharing information globally. The Web had become such a big part of our everyday lives that a lot of us would not know what to do without it. Some people do not fully understandRead Moreââ¬ËPrivacy and a Digital Bill of Rights?ââ¬â¢1098 Words à |à 5 PagesThe world as we know is moving towards a more digital life style, where nearly everything that we own has some sort of electronic component built in it and is able to connect to the Internet. Users are able to browse the web, shop online for their favourite items from stores around the world and post a status update from any of their devices anywhere any time twenty-four hours, seven days a week. On an estimate in just 60 seconds we transmit nearly 640 terabytes of IP data. A major contributor toRead MoreThe Biography Of Wi Fi Signals1687 Words à |à 7 PagesIn the world of IT, there are many pioneers that helped contribute to the way we use technology today, from early ideas of what a computer could be way before one was actually made, to the inventor of Wi-Fi signals. In this report I will be discussing 6 of them and evaluating which is the ââ¬Ëtop pioneerââ¬â¢. Firstly, Augusta Ada King-Noel, known as the Countess of Lovelace was an English Mathematician and writer during the 19th century. Born in London on the 10th December 1815, she was the only ââ¬Ëtrueââ¬â¢Read MoreAnnotated Bibliography On The Library2199 Words à |à 9 PagesData which works as the framework behind the Semantic Web, an idea developed by Tim Berners-Lee, the inventor of World Wide Web, aims at revolving the Internet into one large database instead of simply distinct collection of data. Today, where internet has been the first choice for the users to look for information, libraries should seize the advantage of the concept behind Linked Data. By attempting to make their resources available on the web, libraries can bring back their users because of theRead MoreApple - Design Thinking and Innovation at Apple7835 Words à |à 32 Pagestime, th tomers. And, ter business. new busines uccess puzzle ional busines ________________ a Feinberg prepare on. Cases are not in ege. To order copi 02163, or go to ww nsmitted, without t Innova after the dra d hovered fo cts as world e epression. Wit billion, Apple lue of Sony C more amazin ce had hovere rom the firm s nearly writte development s been consid 10, it had fu ts sleek prod d tablet comp ome of the h he iPhone had Appleââ¬â¢s radi then picked u was theRead MoreScience and Technology13908 Words à |à 56 PagesChildren of the World and 2005-2014 as the United Nations Decade of Education for Sustainable Development. Not only should young people benefit from these global initiatives, but they should be empowered to play a leading role in them. Each year, the essay contest adopts a theme relevant to building a Culture of Peace and a sustainable future, such as Respect for life, Caring for our planet, Learning to live together, and The role of media and ICT in building a peaceful world. The theme
Wednesday, May 6, 2020
Characterization in Pam Houstonââ¬â¢s ââ¬ÅA Blizzard Under Blue...
Characterization in Pam Houstonââ¬â¢s ââ¬Å"A Blizzard Under Blue Skyâ⬠Houstonââ¬â¢s ââ¬Å"A Blizzard Under Blue Skyâ⬠explores and exhibits the idea of psycho-physical experience of being in the natural world to heal oneââ¬â¢s psychological and emotional ailments through its invigorating contact. The narrative, by drawing on the theme of depression, relates how the narrator, seeing ââ¬Å"everything in [her] lifeâ⬠¦uncertainâ⬠(Houston 185), goes winter-camping alone in the high country; undergoes a chilling near-death experience; and gleefully returns reinvigorated with the memory of ââ¬Å"joyâ⬠, and ââ¬Å"hopefulnessâ⬠(188). Though highly personalized in the narrative, the narratorââ¬â¢s experience of depression is a common phenomenon and, Houston, in this sense, seems toâ⬠¦show more contentâ⬠¦This all seems quite characteristic of a depressed mind to loathe what is around and be enchanted by the mystic power of solitude away from the petty human world. While the protagonist decides on winter-camping despi te the knowledge of the unforgiving freezing temperature there, the warning of her housemate and ââ¬Å"disaster tales of winter-camping fatalitiesâ⬠(187), one is sceptic if she has made up her mind out of love for nature. Yet, the detailing of the protagonistââ¬â¢s expedition leaves one wishing for a similar adventure. The narratorââ¬â¢s company of her two best friends, her dogs: Jackson and Hailey, seems to carry a special significance for her. Their personification and the treatment as developing characters must have some symbolic representation of the protagonistââ¬â¢s personality that has been split now. The male figure Jackson is an ââ¬Å"oversized sheepdog-and-something-elseâ⬠that is tireless, adventurous and leader-like while the female figure Hailey is not ââ¬Å"so gracefulâ⬠, is ââ¬Å"in constant indecisionâ⬠as she runs and ââ¬Å"stays behind the [protagonist]â⬠as they ski (185). While Jackson encourages the narrator to ââ¬Å"ski harder, go faster, climb higherâ⬠, she has to mediate between him and reluctant, groaning Hailey to find an agreement. In a symbolic level, perhaps, Houston wants the readers to see the protagonist as an embodiment of three d istinct dispositions: conscience, optimism and depression. While the protagonist herself represents her conscience, this
Tuesday, May 5, 2020
Nike Wacc free essay sample
Do you agree with Joanna Cohenââ¬â¢s WACC calculation? Why or why not? 1. 1 The definition of WACC Weighted average cost of capital(WACC), is a weighted-computational method of analyzing the cost of capital based on the whole capital structure of a firm. The result of WACC is the rate a firm use to monitor the application of the current assets because it represents the return the firm MUST get. For example this rate could be used as the discount rate of evaluating an investment, and maintaining the price of firmââ¬â¢s stock. Analysis of Johanna Cohenââ¬â¢s calculation We analyzed the process of Johanna Cohenââ¬â¢s calculation, and found some flaws we believe caused computational mistakes. i. When using the WACC method, the book value of bond is available as the market value since bonds are not quite active in the market, but the book value of equity isnââ¬â¢t. Instead of Johannaââ¬â¢s using equityââ¬â¢s book value, we should multiply the current price of Nikeââ¬â¢s stock price by the numbers of shares outstanding. We will write a custom essay sample on Nike Wacc or any similar topic specifically for you Do Not WasteYour Time HIRE WRITER Only 13.90 / page ii. When calculating the YTM of the firmââ¬â¢s bond, Johanna only used the interest expense of the year divided by the average debt balance, which fully ignored the discounted cash flow of the cost of debt. 2. If you do not agree with Cohenââ¬â¢s analysis, calculate your own WACC for Nike and be prepared to justify your assumptions. Combining the analysis above, we now give our own WACC calculation as following: 2. 1 The value of debt(based on EXIHIBIT 3). Since the book value of debt may represent the market value, we merely need to sum up the values of Long-term debt, Notes payable, and the Current portion of long-term debt. What are the advantages and disadvantages of each method? 3. 1 Calculating the costs of equity by CAPM, and its advantages amp; disadvantages i. Calculation: According to 2. 4, we have already got the result of CAPM, which is 10. 46%. ii. Advantages First, because CAPM is a theory based on the whole market, it obviously includes the effects between the market as the integrity and each individual stock. Second, with the counterbalance among each stock in the entire market, CAPM only needs the consideration of systematic risk, which much simplifies the calculation. Third, CAPM also bypasses the specific values of future cash flow because the equation is actually the relation between systematic risk and return rate, which is also another simplification of calculating. Fourth, merely depending on the systematic risk, CAPM could offer the investors a reliable discounting rate to assess the value of a certain investment. iii. Disadvantages: First, involving the counterbalance among the entire market, CAPM acquiesces an effective, active and healthy market environment. Second, comparing the consideration of market risk, CAPM may omit the subtle risk differences among each single firm. Third, the crucial systematic risk, the beta coefficient, is obviously hard to calculate. 3. 2 Calculating the costs of equity by DDM, and its advantages amp; disadvantages i. Calculation (based on EXIHIBIT 4):: Based on the dividend discount model, P0 = D0 * (1+g) / (k ââ¬â g), then we get the return rate (the cost of equity) k = D0 * (1+g) / P0 + g = 0. 48 * (1 + 0. 055) / 42. 09 + 0. 055 = 6. 7% ii. Advantages First, DDM fully considers the time value of consistent cash flow of an investment. Second, it is pretty easy to get the necessary historical data. Third DDM is flexible enough for the adjustment of any future situation. Fourth, once the growth pattern is confirmed, it is very straightforward to get the discount rate of assessing an investment. iii. Disadvantages First, without enough consideration of risk cost, DDM may underestimate the equity cost. Second, all of the data is based on historical record, so the result is not reliable considering of the future situations. Third, with the predetermined growth rate, it is obviously practical for the stock investors to estimate the possible profit, but may mislead the stock issuing firm from a better budgeting decision to a comparatively unsubstantial investment. 3. 3 Calculating the costs of equity by the earnings capitalization ratio, and its advantages amp; disadvantages i. Calculation (based on EXIHIBIT 1amp;4) According to the earnings capitalization model, we have cost of equity = E1 / P0 = 2. 16 / 42. 09 = 5. 13% ii. Advantages First, itââ¬â¢s very easy to calculate and understand. Second, itââ¬â¢s easy to get the necessary accounting data iii. Disadvantages Without any consideration of the risk and the growth of the firm, it doesnââ¬â¢t reflect the true value of an investment or the cost of the budgeting at all. 4. What should Kimi Ford recommend regarding an investment in Nike? According to EXIHIBIT 2, the marketââ¬â¢s forecasting sensitivity of equity value of Nike is 11. 17%. But based on our own analysis by WACC, we believe the discount rate of Nike is around 9. 85%. That means the market underestimated the value of Nike. So we recommend the Northpoint to purchase the stock of Nike.
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