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Global Labor Arbitrage
Global labor arbitrage is an economic phenomenon where, as a result of the removal of or disintegration of barriers to international trade, jobs move to nations where labor and the cost of doing business (such as environmental regulations) is inexpensive and/or impoverished labor moves to nations with higher paying jobs.The "global labor arbitrage" phenomenon has been described by economist Stephen S. Roach. See Mike Whitney"Labor arbitrage," ''Entrepreneur'', June 2006. Two common barriers to international trade are tariffs (politically imposed) and the costs of transporting goods across oceans. With the advent of the Internet, the decrease of the costs of telecommunications, and the possibility of near-instantaneous document transfer, the barriers to the trade of intellectual work product, which is essentially, any kind of work that can be performed on a computer (such as computer programming) or that makes use of a college education, have been greatly reduced. Often, a prospe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Trade Barrier
Trade barriers are government-induced restrictions on international trade. According to the theory of comparative advantage, trade barriers are detrimental to the world economy and decrease overall economic efficiency. Most trade barriers work on the same principle: the imposition of some sort of cost (money, time, bureaucracy, quota) on trade that raises the price or availability of the traded products. If two or more nations repeatedly use trade barriers against each other, then a trade war results. Barriers take the form of tariffs (which impose a financial burden on imports) and non-tariff barriers to trade (which uses other overt and covert means to restrict imports and occasionally exports). In theory, free trade involves the removal of all such barriers, except perhaps those considered necessary for health or national security. In practice, however, even those countries promoting free trade heavily subsidize certain industries, such as agriculture and steel. Overview High- ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
San Francisco Bay Area
The San Francisco Bay Area, often referred to as simply the Bay Area, is a populous region surrounding the San Francisco, San Pablo, and Suisun Bay estuaries in Northern California. The Bay Area is defined by the Association of Bay Area Governments to include the nine counties that border the aforementioned estuaries: Alameda, Contra Costa, Marin, Napa, San Mateo, Santa Clara, Solano, Sonoma, and San Francisco. Other definitions may be either smaller or larger, and may include neighboring counties that do not border the bay such as Santa Cruz and San Benito (more often included in the Central Coast regions); or San Joaquin, Merced, and Stanislaus (more often included in the Central Valley). The core cities of the Bay Area are San Francisco, San Jose, and Oakland. Home to approximately 7.76 million people, Northern California's nine-county Bay Area contains many cities, towns, airports, and associated regional, state, and national parks, connected by a comp ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Yahoo!
Yahoo! (, styled yahoo''!'' in its logo) is an American web services provider. It is headquartered in Sunnyvale, California and operated by the namesake company Yahoo Inc., which is 90% owned by investment funds managed by Apollo Global Management and 10% by Verizon Communications. It provides a web portal, search engine Yahoo Search, and related services, including My Yahoo!, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Sports and its advertising platform, Yahoo! Native. Yahoo was established by Jerry Yang and David Filo in January 1994 and was one of the pioneers of the early Internet era in the 1990s. However, usage declined in the late 2000s as some services discontinued and it lost market share to Facebook and Google. History Founding In January 1994, Yang and Filo were electrical engineering graduate students at Stanford University, when they created a website named "Jerry and David's guide to the World Wide Web". The site was a human-edited web directory, or ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sergey Brin
Sergey Mikhailovich Brin (russian: link=no, Сергей Михайлович Брин; born August 21, 1973) is an American business magnate, computer scientist, and internet entrepreneur, who co-founded Google with Larry Page. Brin was the president of Google's parent company, Alphabet Inc., until stepping down from the role on December 3, 2019. He and Page remain at Alphabet as co-founders, controlling shareholders, board members, and employees. As of November 2022, Brin is the 12th-richest person in the world, with an estimated net worth of $78.0 billion. Brin immigrated to the United States with his family from the Soviet Union at the age of six. He earned his bachelor's degree at the University of Maryland, College Park, following in his father's and grandfather's footsteps by studying mathematics, as well as computer science. After graduation, he enrolled in Stanford University to acquire a PhD in computer science. There he met Page, with whom he built a web search e ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Larry Page
Lawrence Edward Page (born March 26, 1973) is an American business magnate, computer scientist and internet entrepreneur. He is best known for co-founding Google with Sergey Brin. Page was the chief executive officer of Google from 1997 until August 2001 (stepping down in favor of Eric Schmidt) then from April 2011 until July 2015 when he moved to become CEO of Alphabet Inc. (created to deliver "major advancements" as Google's parent company), a post he held until December 4, 2019. He remains an Alphabet board member, employee, and controlling shareholder. Creating Google helped Page build a significant amount of wealth. As of November 2022, Page has an estimated net worth of $84 billion according to the Bloomberg Billionaires Index, making him the ninth-richest person in the world. He has also invested in flying car startups Kitty Hawk and Opener. Page is the co-creator and namesake of PageRank, a search ranking algorithm for Google. He received the Marconi Prize in 2004 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Google
Google LLC () is an American multinational technology company focusing on search engine technology, online advertising, cloud computing, computer software, quantum computing, e-commerce, artificial intelligence, and consumer electronics. It has been referred to as "the most powerful company in the world" and one of the world's most valuable brands due to its market dominance, data collection, and technological advantages in the area of artificial intelligence. Its parent company Alphabet is considered one of the Big Five American information technology companies, alongside Amazon, Apple, Meta, and Microsoft. Google was founded on September 4, 1998, by Larry Page and Sergey Brin while they were PhD students at Stanford University in California. Together they own about 14% of its publicly listed shares and control 56% of its stockholder voting power through super-voting stock. The company went public via an initial public offering (IPO) in 2004. In 2015, Google was reor ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Scott McNealy
Scott McNealy (born November 13, 1954) is an American businessman. He is most famous for co-founding the computer technology company Sun Microsystems in 1982 along with Vinod Khosla, Bill Joy, and Andy Bechtolsheim. In 2004, while still at Sun, McNealy founded Curriki, a free online education service. In 2011, he co-founded Wayin, a social intelligence and visualization company based in Denver. McNealy stepped down from his position as CEO of Wayin in 2016. Career Unlike most people who become involved in high technology industries, McNealy did not come from the world of amateur programmers or hardware hackers; instead, his background was in business, having earned a Bachelor of Arts in economics from Harvard and an MBA from the Stanford Graduate School of Business. McNealy has self-deprecatingly referred to himself as a "golf major" rather than a computer scientist. McNealy started out working at American Motors, where his father was vice chairman and vice president of marketi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bill Joy
William Nelson Joy (born November 8, 1954) is an American computer engineer and venture capitalist. He co-founded Sun Microsystems in 1982 along with Scott McNealy, Vinod Khosla, and Andy Bechtolsheim, and served as Chief Scientist and CTO at the company until 2003. He played an integral role in the early development of BSD UNIX while being a graduate student at Berkeley, and he is the original author of the vi text editor. He also wrote the 2000 essay " Why The Future Doesn't Need Us", in which he expressed deep concerns over the development of modern technologies. Joy was elected a member of the National Academy of Engineering (1999) for contributions to operating systems and networking software. Early career Joy was born in the Detroit suburb of Farmington Hills, Michigan, to William Joy, a school vice-principal and counselor, and Ruth Joy. He earned a Bachelor of Science in electrical engineering from the University of Michigan and a Master of Science in electrical ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andy Bechtolsheim
Andreas Maria Maximilian Freiherr von Mauchenheim genannt Bechtolsheim (born 30 September 1955) is a German electrical engineer, entrepreneur and investor. He co-founded Sun Microsystems in 1982 and was its chief hardware designer. His net worth reached $7 billion in September 2018.Andreas von Bechtolsheim profile forbes.com, 14 February 2018. Early life Bechtolsheim was born at Hängeberg am Ammersee, located in , Landsberg, |
Vinod Khosla
Vinod Khosla (born 28 January 1955) is an Indian-American businessman and venture capitalist. He is a co-founder of Sun Microsystems and the founder of Khosla Ventures. Khosla made his wealth from early venture capital investments in areas such as networking, software, and alternative energy technologies. He is considered one of the most successful and influential venture capitalists. In 2014, ''Forbes'' counted him among the 400 richest people in the United States. In 2021, he was ranked 92nd on the Forbes 400 list. Biography Khosla was born on January 28, 1955, in Pune, India. Khosla's father was an officer in the Indian Army and was posted at New Delhi, India. His father wanted him to also join the army. He attended Mount St Mary's School for elementary school. Khosla became interested in entrepreneurship after reading about the founding of Intel in ''Electronic Engineering Times'' as a teenager, and this inspired him to pursue technology as a career. According to Khosla, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Sun Microsystems
Sun Microsystems, Inc. (Sun for short) was an American technology company that sold computers, computer components, software, and information technology services and created the Java programming language, the Solaris operating system, ZFS, the Network File System (NFS), and SPARC microprocessors. Sun contributed significantly to the evolution of several key computing technologies, among them Unix, RISC processors, thin client computing, and virtualized computing. Notable Sun acquisitions include Cray Business Systems Division, Storagetek, and ''Innotek GmbH'', creators of VirtualBox. Sun was founded on February 24, 1982. At its height, the Sun headquarters were in Santa Clara, California (part of Silicon Valley), on the former west campus of the Agnews Developmental Center. Sun products included computer servers and workstations built on its own RISC-based SPARC processor architecture, as well as on x86-based AMD Opteron and Intel Xeon processors. Sun also developed its own ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Noyce
Robert Norton Noyce (December 12, 1927 – June 3, 1990), nicknamed "the Mayor of Silicon Valley", was an American physicist and entrepreneur who co-founded Fairchild Semiconductor in 1957 and Intel Corporation in 1968. He is also credited with the realization of the first monolithic integrated circuit or microchip, which fueled the personal computer revolution and gave Silicon Valley its name.While Kilby's invention was six months earlier, neither man rejected the title of co-inventor.Lécuyer, p. 129 Early life Noyce was born on December 12, 1927, in Burlington, IowaJones, 86Jones, 142Berlin, p. 10Burt, 71Welles Gaylord, p. 130 the third of four sons of the Rev. Ralph Brewster Noyce.Jones, p. 625 His father graduated from Doane College, Oberlin College, and the Chicago Theological Seminary and was also nominated for a Rhodes Scholarship.Berlin, p. 14 His mother, Harriet May Norton, was the daughter of the Rev. Milton J. Norton, a Congregational clergyman, and Louise Hill. S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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