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2008
2008 was designated as: *International Year of Languages *International Year of Planet Earth *International Year of the Potato *International Year of Sanitation The Great Recession, a worldwide recession which began in 2007, continued through the entirety of 2008. Events January–February * January 1 – Cyprus and Malta adopt the euro currency. * January 14 – At 19:04:39 UTC, the uncrewed MESSENGER space probe is at its closest approach during its first flyby of the planet Mercury. * January 21 **Stock markets around the world plunge amid growing fears of a U.S. Great Recession, fueled by the 2007 subprime mortgage crisis. ** Online activist group Anonymous initiates Project Chanology, after a leaked interview of Tom Cruise by the Church of Scientology is published on YouTube, and the Church of Scientology issued a "copyright infringement" claim. In response, Anonymous sympathizers took to the streets to protest outside the church (after February ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Great Recession
The Great Recession was a period of marked general decline, i.e. a recession, observed in national economies globally that occurred from late 2007 into 2009. The scale and timing of the recession varied from country to country (see map). At the time, the International Monetary Fund (IMF) concluded that it was the most severe economic and financial meltdown since the Great Depression. One result was a serious disruption of normal international relations. The causes of the Great Recession include a combination of vulnerabilities that developed in the financial system, along with a series of triggering events that began with the bursting of the United States housing bubble in 2005–2012. When housing prices fell and homeowners began to abandon their mortgages, the value of mortgage-backed securities held by investment banks declined in 2007–2008, causing several to collapse or be bailed out in September 2008. This 2007–2008 phase was called the subprime mortgage crisis. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subprime Mortgage Crisis
The United States subprime mortgage crisis was a multinational financial crisis that occurred between 2007 and 2010 that contributed to the Financial crisis of 2007–2008, 2007–2008 global financial crisis. It was triggered by a large decline in US home prices after the collapse of a 2000s United States housing bubble, housing bubble, leading to Mortgage loan, mortgage delinquencies, foreclosures, and the devaluation of Mortgage-backed security, housing-related securities. Declines in residential investment preceded the Great Recession and were followed by reductions in household spending and then business investment. Spending reductions were more significant in areas with a combination of high household debt and larger housing price declines. The housing bubble preceding the crisis was financed with Mortgage-backed security, mortgage-backed securities (MBSes) and collateralized debt obligations (CDOs), which initially offered higher interest rates (i.e. better returns) than go ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
2008 Events Collage
8 (eight) is the natural number following 7 and preceding 9. In mathematics 8 is: * a composite number, its proper divisors being , , and . It is twice 4 or four times 2. * a power of two, being 2 (two cubed), and is the first number of the form , being an integer greater than 1. * the first number which is neither prime nor semiprime. * the base of the octal number system, which is mostly used with computers. In octal, one digit represents three bits. In modern computers, a byte is a grouping of eight bits, also called an octet. * a Fibonacci number, being plus . The next Fibonacci number is . 8 is the only positive Fibonacci number, aside from 1, that is a perfect cube. * the only nonzero perfect power that is one less than another perfect power, by Mihăilescu's Theorem. * the order of the smallest non-abelian group all of whose subgroups are normal. * the dimension of the octonions and is the highest possible dimension of a normed division algebra. * the first number ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Recession
In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). This may be triggered by various events, such as a financial crisis, an external trade shock, an adverse supply shock, the bursting of an economic bubble, or a large-scale Anthropogenic hazard, anthropogenic or natural disaster (e.g. a pandemic). In the United States, a recession is defined as "a significant decline in economic activity spread across the market, lasting more than a few months, normally visible in real GDP, real income, employment, industrial production, and wholesale-retail sales." The European Union has adopted a similar definition. In the United Kingdom, a recession is defined as negative economic growth for two consecutive quarters. Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as monetary policy, incr ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Black Faxes
The term black fax refers to a prank fax transmission, consisting of one or more pages entirely filled with a uniform black tone. The sender's intention is generally to use up as much of the recipient's fax ink, toner, or thermal paper as possible, thus costing the recipient money, as well as denying the recipient use of their own machine (similar to computer-based denial of service attacks). This is made easier because Fax#Digital, fax transmission protocols compress the solid black image very well, so a very short fax call can produce many pages. Black faxes have been used to harass large institutions or government departments, to retaliate against the senders of junk faxes, or merely as simple pranks. The basic principle of a black fax can be extended to form a ''black fax attack.'' In this case, one or more sheets are fed halfway through the sender's fax machine and taped end to end, forming an endless loop that cycles through the machine. Not only can solid black be used, but ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Prank Call
A prank call (also known as a crank call) is a telephone call intended by the caller as a practical joke played on the person answering. It is often a type of nuisance call. It can be illegal under certain circumstances. Recordings of prank phone calls became a staple of the obscure and amusing cassette tapes traded among musicians, sound engineers, and media traders in the United States from the late 1970s. Among the most famous and earliest recorded prank calls are the Tube Bar prank calls tapes, which centered on Louis "Red" Deutsch. Comedian Jerry Lewis was an incorrigible phone prankster, and recordings of his hijinks, dating from the 1960s and possibly earlier, still circulate to this day. Very prominent people have fallen victim to prank callers, for example Elizabeth II, who was fooled by Canadian DJ Pierre Brassard posing as Canadian Prime Minister Jean Chrétien, asking her to record a speech in support of Canadian unity ahead of the 1995 Quebec referendum. Two othe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DoS Attacks
In computing, a denial-of-service attack (DoS attack) is a cyber-attack in which the perpetrator seeks to make a machine or network resource unavailable to its intended users by temporarily or indefinitely disrupting services of a host connected to a network. Denial of service is typically accomplished by flooding the targeted machine or resource with superfluous requests in an attempt to overload systems and prevent some or all legitimate requests from being fulfilled. In a distributed denial-of-service attack (DDoS attack), the incoming traffic flooding the victim originates from many different sources. More sophisticated strategies are required to mitigate this type of attack, as simply attempting to block a single source is insufficient because there are multiple sources. A DoS or DDoS attack is analogous to a group of people crowding the entry door of a shop, making it hard for legitimate customers to enter, thus disrupting trade. Criminal perpetrators of DoS attacks oft ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Protest
A protest (also called a demonstration, remonstration or remonstrance) is a public expression of objection, disapproval or dissent towards an idea or action, typically a political one. Protests can be thought of as acts of cooperation in which numerous people cooperate by attending, and share the potential costs and risks of doing so. Protests can take many different forms, from individual statements to mass Political demonstration, demonstrations. Protesters may organize a protest as a way of publicly making their opinions heard in an attempt to influence public opinion or government policy, or they may undertake direct action in an attempt to enact desired changes themselves. Where protests are part of a systematic and peaceful Nonviolence, nonviolent campaign to achieve a particular objective, and involve the use of pressure as well as persuasion, they go beyond mere protest and may be better described as a type of protest called civil resistance or nonviolent r ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
DMCA Takedown
The Online Copyright Infringement Liability Limitation Act (OCILLA) is United States federal law that creates a conditional 'safe harbor' for online service providers (OSP) (a group which includes internet service providers (ISP) and other Internet intermediaries) by shielding them for their own acts of direct copyright infringement (when they make unauthorized copies) as well as shielding them from potential secondary liability for the infringing acts of others. OCILLA was passed as a part of the 1998 Digital Millennium Copyright Act (DMCA) and is sometimes referred to as the " Safe Harbor" provision or as "DMCA 512" because it addeSection 512to Title 17 of the United States Code. By exempting Internet intermediaries from copyright infringement liability provided they follow certain rules, OCILLA attempts to strike a balance between the competing interests of copyright owners and digital users. Overview The 1998 DMCA was the U.S. implementation of the 1996 WIPO Copyright Treat ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
YouTube
YouTube is a global online video platform, online video sharing and social media, social media platform headquartered in San Bruno, California. It was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim. It is owned by Google, and is the List of most visited websites, second most visited website, after Google Search. YouTube has more than 2.5 billion monthly users who collectively watch more than one billion hours of videos each day. , videos were being uploaded at a rate of more than 500 hours of content per minute. In October 2006, YouTube was bought by Google for $1.65 billion. Google's ownership of YouTube expanded the site's business model, expanding from generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by YouTube. It also offers YouTube Premium, a paid subscription option for watching content without ads. YouTube also approved creators to participate in Google's Google AdSens ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Church Of Scientology
The Church of Scientology is a group of interconnected corporate entities and other organizations devoted to the practice, administration and dissemination of Scientology, which is variously defined as a cult, a scientology as a business, business, or a new religious movement. The movement has been the subject of a number of Scientology controversies, controversies, and the Church of Scientology has been described by government inquiries, international parliamentary bodies, scholars, law lords, and numerous superior court judgements as both a dangerous cult and a manipulative Scientology as a business, profit-making business. In 1979, several executives of the organization were United States v. Hubbard, convicted and imprisoned for multiple offenses by a U.S. Federal Court. The Church of Scientology itself was convicted of fraud by a French court in 2009, a decision upheld by the supreme Court of Cassation (France), Court of Cassation in 2013. The Scientology in Germany, Germa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tom Cruise
Thomas Cruise Mapother IV (born July 3, 1962), known professionally as Tom Cruise, is an American actor and producer. One of the world's highest-paid actors, he has received various accolades, including an Honorary Palme d'Or and three Golden Globe Awards, in addition to nominations for three Academy Awards. His films have grossed over in North America and over worldwide, making him one of the highest-grossing box-office stars of all time. Cruise began acting in the early 1980s and made his breakthrough with leading roles in the comedy film '' Risky Business'' (1983) and action film '' Top Gun'' (1986). Critical acclaim came with his roles in the dramas ''The Color of Money'' (1986), ''Rain Man'' (1988), and ''Born on the Fourth of July'' (1989). For his portrayal of Ron Kovic in the latter, he won a Golden Globe Award and received a nomination for the Academy Award for Best Actor. As a leading Hollywood star in the 1990s, he starred in several commercially successful f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
