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Popular Science Predictions Exchange
Popular Science Predictions Exchange (PPX) was an online virtual prediction market run as part of the '' Popular Science'' website. The application was designed by the same group behind the Hollywood Stock Exchange using their virtual specialist application. Users traded virtual currency, known as POP$, based on the likelihood of a certain event being realized by a given date. Stock prices would range between POP$0 and POP$100 and were intended to reflect the general confidence of the users about that event. A stock at price POP$95 would mean roughly that users believed there to be a 95% chance of the event happening. If an event was realized by the given date, the stock will pay out POP$100 per share. A stock that did not occur by the closing date was worth POP$0 per share. On May 8, 2009, PopSci announced that the PPX exchange would close on May 31, 2009, almost two years after it first opened. At the time of the announcement, there were 33,339 registered users. The top 100 trad ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prediction Market
Prediction markets (also known as betting markets, information markets, decision markets, idea futures or event derivatives) are open markets where specific outcomes can be predicted using financial incentives. Essentially, they are exchange-traded markets created for the purpose of trading the outcome of events. The market prices can indicate what the crowd thinks the probability of the event is. A prediction market contract trades between 0 and 100%. The most common form of a prediction market is a binary option market, which will expire at the price of 0 or 100%. Prediction markets can be thought of as belonging to the more general concept of crowdsourcing which is specially designed to aggregate information on particular topics of interest. The main purposes of prediction markets are eliciting aggregating beliefs over an unknown future outcome. Traders with different beliefs trade on contracts whose payoffs are related to the unknown future outcome and the market prices of the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
E-mail Spam
Email spam, also referred to as junk email, spam mail, or simply spam, is unsolicited messages sent in bulk by email (spamming). The name comes from a Monty Python sketch in which the name of the canned pork product Spam is ubiquitous, unavoidable, and repetitive. Email spam has steadily grown since the early 1990s, and by 2014 was estimated to account for around 90% of total email traffic. Since the expense of the spam is borne mostly by the recipient, it is effectively postage due advertising. This makes it an excellent example of a negative externality. The legal definition and status of spam varies from one jurisdiction to another, but nowhere have laws and lawsuits been particularly successful in stemming spam. Most email spam messages are commercial in nature. Whether commercial or not, many are not only annoying as a form of attention theft, but also dangerous because they may contain links that lead to phishing web sites or sites that are hosting malware or include ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Collusion
Collusion is a deceitful agreement or secret cooperation between two or more parties to limit open competition by deceiving, misleading or defrauding others of their legal right. Collusion is not always considered illegal. It can be used to attain objectives forbidden by law; for example, by defrauding or gaining an unfair market advantage. It is an agreement among firms or individuals to divide a market, set prices, limit production or limit opportunities. It can involve "unions, wage fixing, kickbacks, or misrepresenting the independence of the relationship between the colluding parties". In legal terms, all acts effected by collusion are considered void. Definition In the study of economics and market competition, collusion takes place within an industry when rival companies cooperate for their mutual benefit. Conspiracy usually involves an agreement between two or more sellers to take action to suppress competition between sellers in the market. Because competition among ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Web Scraping
Web scraping, web harvesting, or web data extraction is data scraping used for extracting data from websites. Web scraping software may directly access the World Wide Web using the Hypertext Transfer Protocol or a web browser. While web scraping can be done manually by a software user, the term typically refers to automated processes implemented using a bot or web crawler. It is a form of copying in which specific data is gathered and copied from the web, typically into a central local database or spreadsheet, for later retrieval or analysis. Scraping a web page involves fetching it and extracting from it. Fetching is the downloading of a page (which a browser does when a user views a page). Therefore, web crawling is a main component of web scraping, to fetch pages for later processing. Once fetched, extraction can take place. The content of a page may be parsed, searched and reformatted, and its data copied into a spreadsheet or loaded into a database. Web scrapers typically ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Market Manipulation
In economics and finance, market manipulation is a type of market abuse where there is a deliberate attempt to interfere with the free and fair operation of the market; the most blatant of cases involve creating false or misleading appearances with respect to the price of, or market for, a product, security or commodity. Market manipulation is prohibited in most countries, in particular, it is prohibited in the United States under Section 9(a)(2) of the Securities Exchange Act of 1934, in the European Union under Article 12 of the ''Market Abuse Regulation'', in Australia under Section 1041A of the Corporations Act 2001, and in Israel under Section 54(a) of the securities act of 1968. In the US, market manipulation is also prohibited for wholesale electricity markets under Section 222 of the Federal Power Act and wholesale natural gas markets under Section 4A of the Natural Gas Act. The US Securities Exchange Act defines market manipulation as "transactions which create an a ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
V-22 Osprey
The Bell Boeing V-22 Osprey is an American multi-mission, tiltrotor military aircraft with both vertical takeoff and landing (VTOL) and short takeoff and landing (STOL) capabilities. It is designed to combine the functionality of a conventional helicopter with the long-range, high-speed cruise performance of a turboprop aircraft. In 1980, the failure of Operation Eagle Claw (during the Iran hostage crisis) underscored that there were military roles for which neither conventional helicopters nor fixed-wing transport aircraft were well-suited. The United States Department of Defense (DoD) initiated a program to develop an innovative transport aircraft with long-range, high-speed, and vertical-takeoff capabilities, and the Joint-service Vertical take-off/landing Experimental (JVX) program officially commenced in 1981. A partnership between Bell Helicopter and Boeing Helicopters was awarded a development contract in 1983 for the V-22 tiltrotor aircraft. The Bell Boeing team joint ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lunar Lander Challenge
The Northrop Grumman Lunar Lander Challenge (NG-LLC) was a competition funded by NASA's Centennial Challenges program. The competition offered a series of prizes for teams that launch a vertical takeoff/vertical landing (VTVL) rocket that achieved the total delta-v needed for a vehicle to move between the surface of the Moon and its orbit. The multi-level competition was conducted by the X PRIZE Foundation, with sponsorship from the Northrop Grumman Corporation who ran the ongoing competition. The prize purses were paid by NASA. It was held annually at the X PRIZE Cup, making its debut at the 2006 Wirefly X PRIZE Cup in October, 2006, until 2009 when the prize purse was awarded to Masten Space Systems and Armadillo Aerospace. Competition rules The competition is divided into two levels. Both levels require teams to demonstrate control of their vehicle by flying to an altitude of more than , flying laterally for , and landing on a pad. For level 1, this pad is a simple diam ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Airbus A380
The Airbus A380 is a large wide-body airliner that was developed and produced by Airbus. It is the world's largest passenger airliner and only full-length double-deck jet airliner. Airbus studies started in 1988, and the project was announced in 1990 to challenge the dominance of the Boeing 747 in the long-haul market. The then-designated A3XX project was presented in 1994; Airbus launched the € billion ($10.7 billion) A380 programme on 19 December 2000. The first prototype was unveiled in Toulouse on 18 January 2005, with its first flight on 27 April 2005. It then obtained its type certificate from the European Aviation Safety Agency (EASA) and the US Federal Aviation Administration (FAA) on 12 December 2006. Due to difficulties with the electrical wiring, the initial production was delayed by two years and the development costs almost doubled. It was first delivered to Singapore Airlines on 15 October 2007 and entered service on 25 October. Production pe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rocketplane
A rocket-powered aircraft or rocket plane is an aircraft that uses a rocket engine for propulsion, sometimes in addition to airbreathing jet engines. Rocket planes can achieve much higher speeds than similarly sized jet aircraft, but typically for at most a few minutes of powered operation, followed by a gliding flight. Unhindered by the need for oxygen from the atmosphere, they are suitable for very high-altitude flight. They are also capable of delivering much higher acceleration and shorter takeoffs. Many rocket aircraft may be drop launched from transport planes, as take-off from ground may leave them with insufficient time to reach high altitudes. Rockets have been used simply to assist the main propulsion in the form of jet assisted take off (JATO) also known as rocket assisted take off (RATO or RATOG). Not all rocket planes are of the conventional takeoff like "normal" aircraft. Some types have been air-launched from another plane, while other types have taken off ver ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
NASA
The National Aeronautics and Space Administration (NASA ) is an independent agency of the US federal government responsible for the civil space program, aeronautics research, and space research. NASA was established in 1958, succeeding the National Advisory Committee for Aeronautics (NACA), to give the U.S. space development effort a distinctly civilian orientation, emphasizing peaceful applications in space science. NASA has since led most American space exploration, including Project Mercury, Project Gemini, the 1968-1972 Apollo Moon landing missions, the Skylab space station, and the Space Shuttle. NASA supports the International Space Station and oversees the development of the Orion spacecraft and the Space Launch System for the crewed lunar Artemis program, Commercial Crew spacecraft, and the planned Lunar Gateway space station. The agency is also responsible for the Launch Services Program, which provides oversight of launch operations and countdown management f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
AACS Encryption Key Controversy
A controversy surrounding the AACS cryptographic key arose in April 2007 when the Motion Picture Association of America and the Advanced Access Content System Licensing Administrator, LLC (AACS LA) began issuing cease and desist letters to websites publishing a 128-bit (16-byte) number, represented in hexadecimal as 09 F9 11 02 9D 74 E3 5B D8 41 56 C5 63 56 88 C0 (commonly referred to as 09 F9), a cryptographic key for HD DVDs and Blu-ray Discs. The letters demanded the immediate removal of the key and any links to it, citing the anti-circumvention provisions of the United States Digital Millennium Copyright Act (DMCA). In response to widespread Internet postings of the key, the AACS LA issued various press statements, praising those websites that complied with their requests for acting in a "responsible manner" and warning that "legal and technical tools" were adapting to the situation. The controversy was further escalated in early May 2007, when aggregate news site Digg re ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Digg
Digg, stylized in lowercase as digg, is an American news aggregator with a curated front page, aiming to select stories specifically for the Internet audience such as science, trending political issues, and viral Internet issues. It was launched in its current form on July 31, 2012, with support for sharing content to other social platforms such as Twitter and Facebook. It formerly had been a popular social news website, allowing people to vote web content up or down, called ''digging'' and ''burying'', respectively. In 2012, Quantcast estimated Digg's monthly U.S. unique visits at 3.8 million. Digg's popularity prompted the creation of similar sites such as Reddit. In July 2008, the former company took part in advanced acquisition talks with Google for a reported $200 million price tag, but the deal ultimately fell through. After a controversial 2010 redesign and the departure of co-founders Jay Adelson and Kevin Rose, in July 2012 Digg was sold in three parts: the Digg brand ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
