Thursday, August 27, 2020
Heart Webster's Seventh New Collegiate Dictionary characterizes heart as "the sense or awareness of the ethical goodness or culpability of one's own direct, goals, or character along with a sentiment of commitment to do right or good." In A Man for All Seasons, each character's still, small voice plays the extreme job in the result of the story. "Individual conscience" is attribute that each character has. This attribute contrasts in force all through the play in every one of the fundamental characters. Sir Thomas More and King Henry VIII show their unchangeable inner voice, by their activities. More will not acknowledge the Ruler's separation of Catherine, and union with Anne. The King names More to Ruler Chancellor, planning to convince Sir Thomas to acknowledge his marriage. Ruler Henry needs everybody to acknowledge his separation. He accepts he is directly for going against Pope's decision, and he needs the entirety of his regal subjects, and men of prevalence to acknowledge his choice. This is the King's "individual conscience" talking . He fears that without the acknowledgment from Thomas, Lord Chancellor, that he has driven God crazy, and he will pay for his unsupported choice. Sir Thomas More was the main character that accepted and stayed with his still, small voice, thusly, it cost him his life. Sir Thomas was an unmistakable individual from the King's committee, he was the main part whom didn't accept kickbacks to influence his choice. Sir Thomas had consistently trusted ...
Saturday, August 22, 2020
Hephaistos: The Obscure Greek God Greeks are known for some things. We know them for their verse, for their way of thinking, their legislative issues - and furthermore we have come to know them for their adolescent, negligible, vulgar, little divine beings. These divine beings, vindictive in the outrageous, have been a wellspring of much writing. In any case, not all the divine beings have a similar exposure specialist, and have languished in indefinite quality over excessively long. One of these divine beings, one of the Twelve Olympians, has been dark at all. He is diverse in many manners from different divine beings, and I am here to enlighten him further to you. His name? Hephaistos. This god will astound you. He really appears to have a rough comical inclination. He doesnÃ¢â¬â¢t appear to be malevolent, or exceptionally intrigued by the lives of humans. He was straightforward, and he was appalling. It was as fundamental as that. All things considered, he makes them intrigue legacy, allows find to out. Right off the bat, there is a fascinating arrangement of realities about the principal snapshots of life for Hephaistos. At some point, Zeus made Hera somewhat desirous (as siblings and sisters in Kentucky can be) when Zeus was resting around with one or the other female as different wild creatures. All things considered, Hera was maddened so a lot, that she unexpectedly imagined a kid. I couldn't imagine anything better than to see something to that effect. She imagined and when Zeus saw that Hera was pregnant, he was irate himself. Minutes after the fact, she brought forth Hephaistos. In any case, he was so terrible and had an awful leg, that Hera hurled him to earth and repudiated his introduction to the world. It must be noticed that there seems to be an error. A few writings suggest that Zeus hurled him to earth rather than Hera. He arrived on the island of Lemnos (Seltman 99). That is the reason the individuals of Lemnos were his top picks and that was the reason he generally went to unwind and recover. All things considered, in the wake of being hurled into the sea, Thetis got him and dealt with him. Thetis is a similar goddess who was mother of Achilles. Anyway, she dealt with him, and he began making decent gems for her to wear. At some point, she made a beeline for court with different divine beings, and all the ladies saw the pretty knick-knacks that were embellishing Thetis. After they discovered that it was tragically deceased Hephaistos, Hera proceeded to request that he come to Olympus.
Friday, August 21, 2020
How The Gaming Industry Is Changing Our Career Options Make Money Online Queries? Struggling To Get Traffic To Your Blog? Sign Up On (HBB) Forum Now!How The Gaming Industry Is Changing Our Career OptionsUpdated On 19/02/2020Author : Ram kumarTopic : TechnologyShort URL : https://hbb.me/37He5dC CONNECT WITH HBB ON SOCIAL MEDIA Follow @HellBoundBlogâWhat do you want to be when you grow up?â is a question that parents and relatives usually ask their children. And if you were born in the nineties and was asked the exact same question, you would probably be one of those kids whoâd say they want to be a doctor, a lawyer, a politician, an engineer or a businessman. These are the traditional professions that our parents and grandparents would tell us to pursue. But if you try asking a kid or a teenager this question today, how do you think theyâd respond? With the advancements in technology and the changes in our culture and society, youâd probably get more YouTubers, vloggers, streamers, and professional gamers as answers than thes e traditional jobs most of us were told to pursue as kids. Not a lot of people are probably aware of this, but the video game industry has actually surpassed both the film and music industries combined. Donât believe it? Then maybe these numbers will convince you.According to Statista, global box office revenue in 2018 was $41.7 bn whereas, the music industry was at $19.1 bn as shown in the IFPI Global Music Report of 2019. Add those two and you get a total of $60.8 bn. In contrast, the video game industry was already hitting more than a hundred billion dollars with an astounding market value of $152.1 bn as reported by GamingScan. That accounts for more than half of the entertainment business!Now that weâve realized that gaming is actually dominating one of the most lucrative businesses in the world, then why are we still cynical about our kids wanting to become professional E-sports players or streamers? Perhaps, it is time to focus the spotlight on the flourishing gaming cult ure.Gaming opens employment opportunitiesGaming has become an economy of its own right, raking in more than the well-established segments in entertainment and hosting various leagues and tournaments in various parts of the world. The effects of a burgeoning gaming industry can be felt all throughout the economy and the society as it opens more work opportunities and career options.READ6 Basic Video Editing Techniques Everyone Should KnowA report also generated by GamingScan asserts that in the U.S. alone, the video game industry grew by 9% from 2018 to 2019 which was 4 times the growth rate of the economy for the whole country. In addition, direct employment for the industry also increased by 9%, which was 13 times the growth rate of the U.S. labor market. Overall, there were 146,000 people employed directly and indirectly in the gaming industry.Itâs safe to say that gaming has not only been helpful to reduce stress and anxiety, but it has also contributed greatly to opening more employment opportunities as game designers, software developers, producers, audio engineers, animators, professional gamers, streamers, and many others. While a lot of people probably dream of being a big YouTuber or a professional gamer bagging more than hundreds of thousands to millions of dollars every year, being an average video game developer in the gaming scene, on the other hand, is not actually bad at all. According to Glassdoor, the national average salary of a video game designer in the U.S. is $65,278 per year depending on tenure and breadth of experience whereas, the Bureau of Labor Statistics of the U.S. Department of Labor claims that the median pay for an average worker in the U.S. with a forty-hour workweek is only $919 a week or about $47,919 per year which is still below the average salary of a video game designer if you want to compare.The dream is still definitely to be amongst the ranks of the top-grossing streamers and professional gamers in the world today, b ut apart from those careers, the ever-changing global gaming scene has given birth to other professions that although may not be as remunerative as those posts at the top of the chain, are also financially rewarding for those interested in starting a career in the video game industry.
Monday, May 25, 2020
While participating the FBIÃ¢â¬â¢s 2017 Honors Internship program I was assigned to the Counterterrorism Division at FBI Headquarters, in the Counterterrorism Internet Operations Section (CIOS). I worked primarily with three of the internal units of CIOS, the Computer Internet Operations Unit I (CIOU I), the Computer Internet Operations Unit II (CIOU II), and the Net Talon National Intuitive (NTNI). Both of the CIOU units primarily serve at the headquarters program managers for online based terrorist investigations, located both overseas and domestically. The units provided support for the online operations run under the NTNI in their assigned CONUS areas. NTNI trains and manages the Bureaus Online Covert Employees (OCE) under their directivesÃ¢â¬ ¦show more contentÃ¢â¬ ¦In order to further the BureauÃ¢â¬â¢s and the SectionÃ¢â¬â¢s mission, I assisted with and managed several projects over the course of the internship so far. I completed a large scale administrative project th at involved reorganizing and evaluating the NTNI/CIOU I/CIOU II program managed cases across multiple platforms based on the given parameters, as well as assessing their US threat nexus. OCE effectiveness given the circumstances of the case was also evaluated in action to the above stated parameters. I also provides additional administrative and program help when a need was identified across all three of the units I was working with. My primary project over the course of the Internship was a data collection, intake, and analysis project undertaken with the collaboration of multiple FBI units and other USIC partners. The project entailed taking a mass collection of data from a social networking application extremely popular with terrorist groups and terrorist inspired individuals. After the data was collected, it was sorted and recoded into a form that could then be imported into a program that allowed for analysis of the data. That data was then analyzed using multiple methods in or der to identify two main objectives: first to de-conflict any overly repetitive targeting or accidental blue on blue targeting, and second to identify potential high level targets as well as identify individuals that would make good targets for exploitation or intelligence. To this effect,
Thursday, May 14, 2020
P4,M1Ã¢â¬âAnatomy and physiology by Sushoma Nahar Syed AA29906 My two chosen systems I will be writing about is the cardiovascular system and Digestive system. (P4) the digestion system The digestive system is also known as the alimentary canal from the mouth to the anus. Digestion is a process in which insoluble food is broken down into particles which are made into soluble particles enough to be absorbed and to be used by the body and into the bloodstream. These soluble particles are major macronutrients made up of protein, carbohydrates and fats which are needed for essential maintenance for the functioning of the human body. Nutrients are found in foods- proteins are found in red meat/poultry; sources of carbohydrates includeÃ¢â¬ ¦show more contentÃ¢â¬ ¦The digestion of the stomach wall is disallowed by its mucus lining. The food in the stomach takes about three to four hours in the stomach before the semi liquid chyme is passed through the pyloric sphincter bit by bit into the small intestines. The control of gastric secretions happens when the secretion of the gastric juice by the stomach is stimulated by both of the nerves and the hormones. There are three phases in which this happens; * The nervous phase = this is where the presence of the food within the mouth and the action of swallowing resulted in the reflex stimulation of the mucus cells so that the gastric juice can be released. * Endocrinal phase = this is where the presence of the food especially protein is found in the stomach which them stimulates the release of a special type of hormone from the mucous cells called gastrin into the blood. * Mechanical phase = this is where the secretion of the gastric juice also happens in the response to distension of the stomach by food. The small intestine is where the completion of the digestion and absorption of nutrients happens. The small intestine is highly adapted for the absorption; villi and microvilli. The small intestine is the main site for lipid digestion. The pancreas secretes lipases which are special enzymes that digest fats after they have been mixed with bile.Show MoreRelatedResearch: Scientific Method and Social Care1464 Words Ã |Ã 6 PagesAssignment front sheet Qualification Unit number and title BTEC L3 : Health and social care Year 1 Unit 22: Research Methodology for Health and Social Care Learner name Assessor name Nadia Anderson, Shauna Silvera Date issued Deadline Submitted on September 2013 (Individual issue dates set throughout the year) July 2014 (Individual deadline dates set throughout the year) Assignment title Research Methodology for Health and Social Care In this assessment you will have opportunities to provideRead Morehealth science937 Words Ã |Ã 4 Pages Health professionals require good communication skills in order to carry out their roles effectively. It is therefore important for those embarking on a career in health and social care that they gain knowledge and understanding of skills involved in communication. 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Wednesday, May 6, 2020
When a war occurs, it takes years for the society or societies involved to return to a more normal, calm state. In the case of the American Civil War, many aspects of the country were disrupted after the war ended in 1865. Relations were strained, land had been destroyed, families torn apart, and much more. The economy struggled, and many Southerners did not want to accept a loss. The death count for the American Civil War was also an amazing number, and made a large dent into families, businesses, and towns across the nation. nbsp;nbsp;nbsp;nbsp;nbsp;When examining the physical damage to the land after the end of the war, it was obvious that much of the country had been brutally trampled and scarred by the battles and rampages ofÃ¢â¬ ¦show more contentÃ¢â¬ ¦Money was a great issue, as well as finding another place to build. The emotional stress of losing a home or business took a gigantic toll on survivors of the war too. The destruction left behind by the war overwhelmed many people; Northerners, Southerners, and blacks alike. nbsp;nbsp;nbsp;nbsp;nbsp;Economically, the huge cost of the war; which covered weapons, ammunition, clothes, food, and medical supplies, took a very large toll on the nations budget. The South was worse of then the North, but both sides would struggle for years due to the great loss. Millions of dollars were spent on these supplies, and the money came from many different places. For example, the South made some of their own paper money, while also borrowing from other countries. On top of the major expenses of the war as it had pressed on, the loss of businesses and important city buildings would cost a large amount of money for the people to replace; money that sometimes could not be raised for years to come after the end of the war. nbsp;nbsp;nbsp;nbsp;nbsp;With thousands of deaths on either side throughout the war, AmericaÃ¢â¬â¢s population had been hit enormously. Besides the number count, the priceless lives of family members and friends had been stolen away, and could never be replaced. The brutal massacre that occurred over the four years of the war would be remembered as AmericaÃ¢â¬â¢s bloodiest war withShow MoreRelatedEffects of Civil War899 Words Ã |Ã 4 PagesWhen a war occurs, it takes years for the society or societies involved to return to a more normal, calm state. In the case of the American Civil War, many aspects of the country were disrupted after the war ended in 1865. Relations were strained, land had been destroyed, families torn apart, and much more. The economy struggled, and many Southerners did not want to accept a loss. The death count for the American Civil War was also an amazing number, and made a large dent into families, businessesRead MoreEffects Of The Civil War On Nepal 1357 Words Ã |Ã 6 PagesEffects of the Civil War on Nepal Nepal is considered one of the poorest countries in the world. 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Tuesday, May 5, 2020
Seagate Technology, Inc. is one of the worldÃ¢â¬â¢s largest manufacturers of computer disk drives and related data storage devices with approximately $6. 5 billion in annual revenues. In early November 1999, Luczo, president and CEO of Seagate considered a restructuring proposal with Silver Lake, a successful private equity firm that is specified in technology business investing. In May 1999, Seagate sold its Network Storage Management Group to VERITAS Software Corporation, an independent manufacturer of storage management systems, for approximately 155 million shares of VERITAS stock. With an ownership stake of over 40%, Seagate became VERITAS largest stockholder. From June 1999 through November 1999, Seagates stock price increased by 25%, while VERITAS stock price increased by over 200%. This resulted in occurrences of Seagates stake in VERITAS exceeding the entire market value of Seagates equity, essentially assigning a negative value to Seagates large and market-leading disk drive business. Determine a buy-out price for the disk drive division of Seagate The discounted cash flow model provides a way to take into account a companys future growth predictions (Exhibit XX). Using the scenarios projected by Seagate management and Morgan Stanley, we calculated the future free cash flows for the company, and brought it back to NPV using the companyÃ¢â¬â¢s weighted average cost of capital (WACC). The WACC calculated uses information provided in the case, and some market information. We came to 14. 84% companyÃ¢â¬â¢s WACC (Exhibit XX). As sensitive case, we weight the three scenarios with different weight. Seagate performs better than average even with their low profit margin average. For this reason, we averaged the NPV of the down case at 20%, the base case at 50%, and the upside case at 30% to arrive at a LBO price. After discount cash flow model analysis on the three cases, we estimate the buyout price should be around $2. 77 billion. Determine the financing structure of the deal We have determined a buy-out price of $2. 77 billion that Silver Lake Partners will pay to acquire the disk drive business operations of Seagate. LBOs are often highly leveraged. The exhibit 7 in the case shows that from 1994 to 1998 the average LBOs used 20% of equity. However, this financing structure would not be possible for the new entity because the features of the disk drive business given the volatility profits. A more conservative capital structure would be necessary in order to maintain a grade rating BBB, and access future financing. Our proposed capital structure will consist of 70% equity and 30% debt as reflected in Exhibit 4. This would equate to $1. 94 billion in equity and $831 million in debt. This structure was chosen based on the BBB three-year median rates as referenced in the case Exhibit 11. Estimate the cost of financing, i. e. the credit rating and interest rate of Seagate Disk Drive after the buyout. After the buy-out the new capital structure of the business disk drive would be 70% equity and 30% debt. This capital structure will provide a credit rating BBB, and a cost of debt of 7. 72%. The new capital structure will present a new cost of equity for the business, since the debt-equity ratio will be different. The higher the percentage of debt in the financing structure, the lower the weighted average cost of capital. But the above average business risk and less predictable cash flow would limit the debt ratio only up to 30%, converting to 42. 86% for debt-equity ratio. Using this new debt-equity ratio, the cost of equity will be 17. 17%, higher than before the transaction (15. 48%). Compare your valuation to the proposed deal in the case. Regarding the drive business deal, Morgan Stanley proposed that $2. 05 billion was a fear value for the deal. The passages below are from the SECÃ¢â¬â¢s document published. Ã¢â¬Å"The gross $2. 050 billion purchase price is subject to the condition that Seagate transfer to Suez Acquisition Company $765 million of cash in the leveraged buyout. This results in the cash portion of the purchase price available for payment to Seagates stockholders in connection with the merger to be approximately $1. 285 billion (less the amount of rolled equity)Ã¢â¬ . Ã¢â¬Å"While many of the implied equity values for Seagates operating businesses summarized in the table above exceeded the $2 billion purchase price in the leveraged buyout, Morgan Stanley arrived at its opinion that the consideration to be received by holders of Seagate common stock in connection with the merger was fair, from a financial point of view, to those holders, by considering all of its analyses of the merger and the leveraged buyout, taken as a whole. Ã¢â¬ The passages show that Morgan Stanley fear value was $2 billion for the business operation. This value is 43% lower than our valuation of $3. 48 billion for the deal. The passages and the published document are not clear why the fear value should be so low. This vague suggestion is more eccentric when we look the valuation made by Morgan Stanley. It had made a valuation using different methods such as comparable analysis, discount equity analysis, discount cash flow analysis, and sum-of-the-parts analysis, and different scenarios (Figure XXX). Based on the values that Morgan Stanley calculated, we calculated a weighted average value for it. Using the same weighted for each of the cases scenarios, and methods showed in the table, the average value for the deal was $3.47, which is the same value that we calculated in the present report. However, we did not get any substantial information that explains the difference between the proposed deal and the valuation value. The roles that valuation of Veritas Stock play in this acquisition In May 1999, Seagate sold its Network Storage Management Group to VERITAS Software Corporation, an independent manufacturer of storage management systems, for approximately 155 million shares of VERITAS stock. With an ownership stake of over 40%, Seagate became VERITAS largest stockholder. From June 1999 through November 1999, Seagates stock price increased by 25%, while VERITAS stock price increased by over 200%. This resulted in occurrences of Seagates stake in VERITAS exceeding the entire market value of Seagates equity, essentially assigning a negative value to Seagates large and market-leading disk drive business. The increasing value of the VERITAS stake meant that SeagateÃ¢â¬â¢s stock price was becoming increasingly tied to VERITAS Ã¢â¬Ës stock price-and to the performance of SeagateÃ¢â¬â¢s core disk drive business. So the management team start to increase the stock price. The Valuation gap between Seagate stock price and its holdings of Veritas Stock In March 2000, Seagates stake in VERITAS was valued at $21. 6 billion, with an after-tax value of $14. 3 billion. Based upon Seagates financial data from June 1999 and projected future cash flows generated by their disk drive assets, the value of Seagates non-VERITAS component of equity is approximately $1. 8 billion. The undervaluation of Seagates component of equity was due primarily to two factors: Whether Seagate tried to sell VERITAS shares or distributed the shares to Seagate shareholders, a potential large tax liability would be created. Not only would Seagate itself be taxed ordinary 34% on the capital gains from selling the VERITAS shares, but shareholders would also be double taxed on their capital gains. As the core business of Seagate, disk drives had fallen victim to the market frenzy surrounding the emergence and growth of Internet businesses, and the gravitation of investors to favor this new industry over the more mature disk drive industry. The trend of the whole industry would limit Seagates ability to obtain long-term projects from public markets for future business expansion. Tax Liability Due to the large tax liabilities, the potential arbitrage opportunity represented with this undervaluation market inefficiency of Seagates disk drive operations is difficult to execute. Seagates management and shareholders felt they needed to reestablish the value associated with their core disk drive business, without incurring taxes, and that this value re-creation should happen through restructuring Seagate via leveraged buyout involving a private equity firm (Silver Lake Partners L. P. ). The proposed transaction must be structured to maximize value for Seagates shareholders. The team felt that this could be done by distributing the VERITAS shares tax free, sell the Seagates core disk drive business at a fair market value, and adsorb the remaining Seagate assets into VERITAS. It is important to note the necessity of distributing the VERITAS shares in a tax-free manner; simply selling the shares would result in a huge tax burden (34%) to the shareholders realized through capital gains due to the big increase in stock price. Conflict of interest between management of Seagate and private equity There is not usually a conflict between the management team of seller and the buyer in a buyout case. The management team can remain their control of the company while have cash reward and the buyer private equity could get an ideal return form purchasing a promising company. In this case, Silver Lake did have great confidence in the abilities of the SeagateÃ¢â¬â¢s current management team since the executives all had rich experience in the industry. But in this case, the percentage ownership by Seagate management team in this case. One reason is that they didnÃ¢â¬â¢t change all their stock to VERITAS and still have Seagate stock. The other is that outstanding equity is shrink because part of them had been replaced by debt. They are the actually buyer in this case and they should have a conflict of interest here. They are looking for the highest possible valuation, while the LBO firm is looking for a low valuation. In the end, a value needs to be assigned to Seagates disk drive assets and then split between the LBO firm and Seagates shareholders. Technology is not good for buyout Technology firms are generally not good candidates for leveraged buyouts by traditional standards because cash flows were extremely hard to predict due to rapid growth, short product cycles and substantial demand uncertainty. The lack of tangible asset in many technology businesses further reduced their attractiveness to LBO specialist. By the late 1990s technology buyouts began to emerge in certain segments of the technology sector that had begun to exhibit the maturity and stability typical of traditional LBO candidates, such as Seagates hard disk drive operations. Still, the leveraged buyout of Seagate does not fit the typical buyout criteria. Seagate is already completely vertically integrated, with RD and manufacturing under the same roof and there are not any apparent operating inefficiencies or underperforming assets, as Seagate is the market leading disk drive manufacturer. Also, the existing management team is expected to remain with Seagates disk drive operations. Thus, this transaction was a foray into new buyout territory, mainly the unlocking and rediscovery of firm value by wrenching it away from a non-core asset that had grown into a tax liability that was limiting the growth Seagate stock price. Conclusion After meticulously reading over the Seagate case, and the analyses relating to LBOs, we are certain that our figures are relevant and reliable. Morgan Stanley presented many important topics that are applicable to the deal, however, they did not go in depth into their final buy-out price suggestion and so we were left questioning their fair price for the business disk drive. We have considered all the alternatives and have come to a different price buy-out as Morgan Stanley had suggested and we feel that our calculations support the process we found crucial in a LBO. We believe that our methods fully support our LBO price of $2. 4 billion. The second step of the deal seems fair for Veritas and Seagates shareholders, because SeagateÃ¢â¬â¢s shareholders exchanged their shares paying a premium of 14. 84%, but they saved 13. 41% in taxes. The numbers are very similar, but this transaction was important so the overall deal came to happen. In addition, we have illustrated why the proper capital structure should be 30 percent debt and 70 percent equity. By implementing this capital structure Silver Lake will be able to accomplish their corporate goals.