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Ephemeral Storage
Amazon Elastic Compute Cloud (EC2) is a part of Amazon's cloud-computing platform, Amazon Web Services (AWS), that allows users to rent virtual computers on which to run their own computer applications. EC2 encourages scalable deployment of applications by providing a web service through which a user can boot an Amazon Machine Image (AMI) to configure a virtual machine, which Amazon calls an "instance", containing any software desired. A user can create, launch, and terminate server-instances as needed, paying by the second for active servershence the term "elastic". EC2 provides users with control over the geographical location of instances that allows for latency optimization and high levels of redundancy. In November 2010, Amazon switched its own retail website platform to EC2 and AWS. History Amazon announced a limited public beta test of EC2 on August 25, 2006, offering access on a first-come, first-served basis. Amazon added two new instance types (Large and Extra-Lar ...
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AWS Simple Icons Compute Amazon EC2 Instances
Amazon Web Services, Inc. (AWS) is a subsidiary of Amazon.com, Amazon that provides Software as a service, on-demand cloud computing computing platform, platforms and Application programming interface, APIs to individuals, companies, and governments, on a metered, pay-as-you-go basis. Clients will often use this in combination with elasticity (system resource), autoscaling (a process that allows a client to use more computing in times of high application usage, and then scale down to reduce costs when there is less traffic). These cloud computing web services provide various services related to networking, compute, storage, middleware, Internet of things, IoT and other processing capacity, as well as software tools via AWS server farms. This frees clients from managing, scaling, and patching hardware and operating systems. One of the foundational services is Amazon Elastic Compute Cloud (EC2), which allows users to have at their disposal a Virtualization, virtual Computer clus ...
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Reserve Price
In economics, a reservation (or reserve) price is a limit on the price of a good or a service. On the demand side, it is the highest price that a buyer is willing to pay; on the supply side, it is the lowest price a seller is willing to accept for a good or service. Reservation prices are commonly used in auctions, but the concept can be extended beyond. A party's best alternative to a negotiated agreement (BATNA), is closely related to their reservation price. Once a party determines their BATNA, they can further calculate their reservation price. In negotiations surrounding the price of a particular good or service, the reservation price is a singular number. However, this is not the only situation where reservation prices are seen. When multiple issues are being discussed, such as the size of salary and amount of benefits when applying for a new job position, the reservation price would be represented as a package, where multiple requirements need to be met. Description I ...
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TechCrunch
TechCrunch is an American global online newspaper focusing on topics regarding high tech, high-tech and Startup company, startup companies. It was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington and Keith Teare. In 2010, AOL acquired the company for approximately $25 million. Following the 2015 Verizon Communications#Acquisition of AOL and Yahoo, acquisition of AOL and Yahoo! by Verizon, the site was owned by Verizon Media from 2015 through 2021. In 2021, Verizon sold its media assets, including AOL, Yahoo!, and TechCrunch, to the private equity firm Apollo Global Management. Apollo integrated them into a new entity called Yahoo! Inc. (2017–present), Yahoo! Inc. In addition to its news reporting, TechCrunch is also known for its annual Disrupt conference, a technology event hosted in several cities across the United States, Europe, and China. History TechCrunch was founded in June 2005 by Archimedes Ventures, led by partners Michael Arrington a ...
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Virtual Private Server
A virtual private server (VPS) or virtual dedicated server (VDS) is a virtual machine sold as a service by an Internet hosting company. A virtual private server runs its own copy of an operating system (OS), and customers may have superuser-level access to that operating system instance, so they can install almost any software that runs on that OS. For many purposes, it is functionally equivalent to a dedicated physical server and, being software-defined, can be created and configured more easily. A virtual server costs less than an equivalent physical server. However, as virtual servers share the underlying physical hardware with other VPS, performance may be lower depending on the workload of any other executing virtual machines. Virtualization The force driving server virtualization is similar to that which led to the development of time-sharing and multiprogramming in the past. Although the resources are still shared, as under the time-sharing model, virtualization pro ...
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YouTube
YouTube is an American social media and online video sharing platform owned by Google. YouTube was founded on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim who were three former employees of PayPal. Headquartered in San Bruno, California, it is the second-most-visited website in the world, after Google Search. In January 2024, YouTube had more than 2.7billion monthly active users, who collectively watched more than one billion hours of videos every day. , videos were being uploaded to the platform at a rate of more than 500 hours of content per minute, and , there were approximately 14.8billion videos in total. On November 13, 2006, YouTube was purchased by Google for $1.65 billion (equivalent to $ billion in ). Google expanded YouTube's business model of generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by and for YouTube. It also offers YouTube Premium, a paid subs ...
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Kernel-based Virtual Machine
Kernel-based Virtual Machine (KVM) is a free and open-source virtualization module in the Linux kernel that allows the Kernel (operating system), kernel to function as a hypervisor. It was merged into the Mainline Linux, mainline Linux kernel in version 2.6.20, which was released on February 5, 2007. KVM requires a processor with hardware virtualization extensions, such as Intel VT or AMD-V. KVM has also been ported to other operating systems such as FreeBSD and illumos in the form of loadable kernel modules. KVM was originally designed for x86 processors but has since been porting, ported to IBM ESA/390, ESA/390, PowerPC, IA-64, and ARM architecture, ARM. The IA-64 port was removed in 2014. KVM supports hardware-assisted virtualization for a wide variety of guest operating systems including BSD, Solaris (operating system), Solaris, Microsoft Windows, Windows, Haiku (operating system), Haiku, ReactOS, Plan 9 from Bell Labs, Plan 9, AROS Research Operating System, AROS, macOS, ...
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Willem Van Biljon
Willem van Biljon (born 1961) is an entrepreneur and technologist born, raised and educated in South Africa. Van Biljon graduated from the University of Cape Town with a degree in Computer Science. He held engineering and research positions at LinkData, the Institute for Applied Computer Science and the National Research Institute for Mathematical Sciences. Van Biljon co-founded Mosaic Software. Mosaic built the Postilion payment system, the first high-end payment transaction switch for commodity hardware and operating systems (Windows). Mosaic's investors included GE and Paul Maritz. The company became one of the top three payment processing software vendors in the world and was sold in 2004 to S1 Corp. Van Biljon worked for Amazon.com where he, along with Chris Pinkham and Christopher Brown, led the team that developed Amazon's Elastic Compute Cloud (EC2). Willem built the business plan for the service and was responsible for product management and marketing for the publ ...
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The Register
''The Register'' (often also called El Reg) is a British Technology journalism, technology news website co-founded in 1994 by Mike Magee (journalist), Mike Magee and John Lettice. The online newspaper's Nameplate_(publishing), masthead Logo, sublogo is "''Biting the hand that feeds IT''." The publication's primary focus is information technology news and opinions. Situation Publishing Ltd is the site's publisher. Drew Cullen is an owner and Linus Birtles is the managing director. Andrew Orlowski was the executive editor before leaving the website in May 2019. History ''The Register'' was founded in London as an email newsletter called ''Chip Connection''. In 1998 ''The Register'' became a daily online news source. Magee left in 2001 to start competing publications ''The Inquirer'', and later the ''IT Examiner'' and ''TechEye''. In 2002, ''The Register'' expanded to have a presence in London and San Francisco, creating ''The Register USA'' at theregus.com through a joint ventu ...
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Cape Town, South Africa
Cape Town is the legislature, legislative capital city, capital of South Africa. It is the country's oldest city and the seat of the Parliament of South Africa. Cape Town is the country's List of municipalities in South Africa, second-largest city by population, after Johannesburg, and the largest city in the Western Cape. The city is part of the City of Cape Town metropolitan municipality (South Africa), metropolitan municipality. The city is known for Port of Cape Town, its harbour, its natural setting in the Cape Floristic Region, and for landmarks such as Table Mountain and Cape Point. In 2014, Cape Town was named the best place in the world to visit by ''The New York Times'', and was similarly ranked number one by ''The Daily Telegraph'' in both 2016 and 2023. Located on the shore of Table Bay, the City Bowl area of Cape Town, which contains its Cape Town CBD, central business district (CBD), is History of Cape Town, the oldest urban area in the Western Cape, with a signi ...
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Autoscaling
Autoscaling, also spelled auto scaling or auto-scaling, and sometimes also called automatic scaling, is a method used in cloud computing that dynamically adjusts the amount of computational resources in a server farm - typically measured by the number of active servers - automatically based on the load on the farm. For example, the number of servers running behind a web application may be increased or decreased automatically based on the number of active users on the site. Since such metrics may change dramatically throughout the course of the day, and servers are a limited resource that cost money to run even while idle, there is often an incentive to run "just enough" servers to support the current load while still being able to support sudden and large spikes in activity. Autoscaling is helpful for such needs, as it can reduce the number of active servers when activity is low, and launch new servers when activity is high. Autoscaling is closely related to, and builds upon, the ide ...
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