The Mark III , with DSLR-size image sensor, takes great images but is short on battery life
Kids get creative with their presents for adults, handing out handwritten notes, self-made crafts and experiences
Damian Marley, the youngest son of late Jamaican legend, Bob Marley has adopted a Wild Lion named, ‘Mukoma Marley’ in Kenya. The award winning Jamaican singer, popularly known as Junior Gong arrived in Kenya for his concert on Monday and visited the Nairobi Animal Orphanage on Tuesday where he adopted the Wild Lion named ‘Mukoma…
In order to thrive (or indeed, survive) in this continuously evolving economy, young professionals will need to understand the driving forces behind scientific and technological development, anticipate the new industries they will enable, and predict the extent to which they will change the jobs we take for granted today.
One of the most promising developments is the advent of blockchain technology. Here’s a brief look at what blockchain technology is, why it was developed, the characteristics that make it unique, and the way it could revolutionize the world in the years to come.
What is blockchain technology?
People rely on databases to store and transfer information to one another. But these databases are owned by companies that have access to the sensitive data you save on their systems (like bank details, financial transactions, and private messages).
Because people don’t trust these companies to keep their data secure or private, they’ve invented a platform that stores and transfers data in a new way, and lets you keep it safe. This technology is called blockchain, and people are excited by its potential applications.
Where the need for blockchain technology came from
Computers store and organize information on a database – the most common of which is called a relational database. Relational databases are like fancy Excel spreadsheets – they structure information in different tables that consist of columns and rows. These tables are then stored on hard drives which can be accessed by servers over the internet.
Your phone’s contact book app is a perfect example of technology built around a relational database. It relates specific phone numbers to different people in your address book in a simple, logical manner.
People can add to, edit, remove, or retrieve information from a relational database using a special instruction known as a request. But as more information is added to a database, and an increasing number of people try to retrieve it, computers need to work harder to process the ever growing number of requests directed towards them.
To cope with the growing strain on their hard drives and computer processors, the companies that own the databases need to spend money designing, building, and installing faster, fancier computers – as well as implementing additional software to keep your data safe from hackers.
Given the expense involved in building and maintaining IT infrastructure at this scale, it makes sense that companies would want to monetize the wealth of information they’ve accumulated in their databases. Selling user data to advertisers or organizations looking to maintain a competitive edge is one widely practiced and lucrative way of achieving this, and Facebook’s $19 billion acquisition of WhatsApp in 2014 is a dramatic illustration of how valuable user data is to an organization, and how much they are willing to pay for it.
According to CNN data is now a $300 billion a year industry, and it all stems from the fact that millions of people are willing to sacrifice privacy in order to conveniently use software for free. We’ve resigned ourselves to letting companies do with our data as they please primarily because we rely on their IT infrastructure to power many of our favorite tools.
Blockchain technology challenges this power dynamic. Blockchain is an alternative way to save and transmit data between computers, all while keeping it secure, private, and decentralized – kind of like an extremely safe database that isn’t owned by anybody.
The five-bedroom Colorado house boasts mountain and valley views.
Thomas Barrack Jr. has purchased a home in Aspen, Colorado, for $15.5 million.
Thomas Barrack Jr., a billionaire real estate investor and one of President Donald Trump’s closest friends, has purchased a $15.5-million palatial home in Aspen, Colorado, just in time for peak ski season.
Mr. Barrack Jr., 70, chairman and CEO of Los Angeles-based Colony Northstar, which manages $57 billion in assets, closed the deal in late November, per property records filed with the county clerk’s office last week.
Nestled on four acres on Eagle Park Drive, a secluded and prestigious address only minutes from downtown Aspen, the home encompasses 11,312 square feet of interior living space, featuring five bedrooms, six bathrooms and two half-bathrooms.
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The residence comes with wraparound verandas, stone-paved terraces, a pool with hot tub and views of Mount Sopris and the Owl Creek Valley, according to a previous listing with Carrie Wells of Coldwell Banker Mason Morse Real Estate.
Both brokers, as well as Mr. Barrack Jr. declined to comment.
The home, which was owned by a member of the Stuart family, of Carnation Dairy fame, for almost two decades, was first listed for $17.95 million in July 2016. The price was dropped to $16.95 million this August, listing history on Realtor.com shows.
Mr. Barrack Jr., known for managing commercial real estate and distressed debt-focused funds, made another personal residential move earlier this year. He sold his Santa Monica, California home for $24.25 million in an off-market deal.
He has an estimated net worth of $1 billion, according to Forbes.
As one of the oldest and closest friends to Mr. Trump, Mr. Barrack served as a senior adviser to Trump’s campaign and chairman of his inaugural committee. But he reportedly declined a formal role in the Trump administration.
The posh ski report town of Aspen has seen a couple of big-ticket sales this year. In June, Lachlan Murdoch, co-chairman of News Corp., which owns Dow Jones & Co., publisher of Mansion Global, paid $29 million for an estate on Buttermilk Mountain.
In February, a 14,000-square-foot house, asking $32 million, changed hands for $24.4 million.
In terms of closed sales, Aspen ranked No. 37 in the most expensive markets in the U.S. Half of the homes there sold for $2 million and above in 2017, according to a latest PropertyShark analysis.
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Zetian Zhang, known as “Milk Tea Sister,” bought the three-story penthouse in 2015
Three-story penthouse is furnished in the midcentury and contemporary design.
A Chinese internet sensation who became one of the country’s youngest billionaires is selling her three-story penthouse in Sydney for A$18 million (US$13.565 million).
Zetian Zhang, 24, found sudden celebrity status as the “Milk Tea Sister” after an image of her in high school holding a tea drink went viral. She went on to marry one of China’s richest men, Qiangdong “Richard” Liu, the founder of Chinese e-commerce behemoth, JD.com. Forbes estimates Mr. Liu is worth US$10.1 billion.
The hottest trend Sydney’s luxury apt market? The “wow factor” http://mansion.global/2szTRkz
Ms. Zhang bought the posh four-bedroom apartment at the Stamford Residences in The Rocks, a historic district at the center Sydney, for A$16.2 million (US$12.21 million) in April 2015, according to listing agent Michael Lowdon, the director of Ray White Residential in Sydney’s business district. The home is on the 28th floor and offers views over the city’s Harbour Bridge and Sydney Harbour.
“It is located in the heart of the historic Rocks precinct and is ideally placed to benefit from what I can describe as an axis of sheer opulence,” Mr. Lowdon said. “This apartment will have an outstanding view across to Barangaroo and the forthcoming Crown Casino.”
The home, completed five years ago, spans nearly 598 square meters (6,437 square feet), and has both formal and informal living spaces, a separate media room and its own elevator, according to the listing.
Images of the interior show Ms. Zhang decorated the home with midcentury modern and contemporary design elements, such as deep-set leather couches and colorful, abstract art to offset an otherwise neutral color palette.
The Stamford also spoils residents with a laundry list of luxury amenities, such as a 24-hour concierge, pool, gym and rooftop terrace with a barbecue, according to the listing.
The penthouse is expected to generate serious interest from foreign buyers, Mr. Lowdon said.
“An iconic property in such an iconic location in the heart of The Rocks will surely attract worldwide attention,” he said.
Ms. Zhang could not immediately be reached for comment.