Apple Worth 1 Trillion Dollars

Apple has become  the first US company to reach a market value of 1 trillion dollars ($1,000,000,000,000) . The hi-tech firm has beaten  its rivals Microsoft, Google  and Amazon to pass the magical mark. Apple’s stock is now worth $207 per share, an all-time high. If it were a country, Apple would rank 17th in the world, on par with Indonesia.

Before Apple, only China’s oil giant PetroChina made it over the 1 trillion dollar  mark  back in 2007.  It’s value declined sharply shortly afterwards when oil prices collapsed.

Apple was founded in 1976 in a California garage by Steve Jobs. In the first two decades the company was famous for producing computers. Later on Apple developed its revolutionary MP3 player, the iPod, which also saved the company from bankruptcy 20 years ago.

The iPhone, the world’s first smartphone, was introduced in 2007 and has become the company’s flagship product. Up to now over 1.3 billion iPhones have been sold. Although Apple is currently selling fewer new models, sales and profits are rising. It is also making money by selling music and apps.

In 2017, Apple  has made profits in the range of $50 billion, selling over $220 billion worth of products .

Apple may soon be joined in the 1 trillion dollar club by other hi-tech giants . Amazon and Microsoft are close to the mark and may be passing it soon.

 

Apple headquarters in Cupertino , California
Apple headquarters in Cupertino , California – Image: Daniel L. Lu

Words

  • all-time high = the highest point ever reached
  • although = while
  • bankruptcy = situation in which you have no money left and cannot pay back what you owe to others
  • collapse = here: to go down very quickly
  • close = near
  • currently = at the moment
  • decade = ten years
  • decline = to go down very fast
  • develop = to design and produce a new product
  • flagship = the best and most important product
  • found- founded = here: to start a new company
  • introduce = here: to bring to the market
  • join = to be together with others
  • market value = what a company is worth on the market
  • on par = on the same level
  • profit = the money you get by selling products and services after  your costs have been paid
  • rank = position
  • reach = get to a certain point
  • revolutionary = something completely new and different
  • rival = another company that wants to be more successful than you are
  • share = a part of a company that belongs to you
  • stock = the total value of all the company’s shares
  • value = what something is worth

Scientists Come One Step Further in Creating Quantum Computers

The world of technology has got one step closer to creating quantum computers.  Dutch scientists have recently created a 2-qubit (quantum bitprocessor running on a silicon chip.

While standard computers work with bits of information that can have only two states, 0 or 1, quantum processors are based on the fact that bits can exist in both states at the same time. As a result, they have tremendous computing power and can do things that no classical computer can do. Quantum computers can be used for solving complex problems and can manage much larger number of calculations at once.

Scientists explain that they are still in the early stages of developing a real quantum processor. Hardware manufacturer IBM has already built a 50-qubit computer, but with superconductive materials that need extreme cooling. Putting a quantum processor on a silicon chip, which is already used in the computer industry, may be the first step toward mass production.

In such quantum processors, electrons can be in many states at once. This is called superposition. In the lab, scientists have managed to keep electrons between both positions at the same time, however, such electrons are not stable and quickly fall apart. By linking these electrons together on a silicon chip qubit hardware manufacturers could produce quantum processors for commercial use.

Design of a quantum computer chip
Design of a quantum computer chip – Image: D-Wave Systems, Inc.

 Words

  • bit = the smallest unit of information that a computer uses
  • calculation = when you use numbers to find out something
  • classical = here: normal; the ones we have today
  • commercial use = here: something that is produced so that people buy it
  • complex = very complicated
  • electron = very small piece of matter with a negative electrical charge that moves around the central part of an atom
  • hardware manufacturer = company that producers computers
  • however = but
  • lab = laboratory
  • link = connect with each other
  • manage = work with; succeed in doing something
  • mass production = products that are produced in factories in large numbers so they can be sold cheaply
  • processor = central part of a computer that deals with commands and the information it is given
  • quantum = unit of energy in physics
  • qubit= quantum bit = piece of information that can exist in two states at the same time
  • scientist = person who is trained in science and works in a lab
  • silicon chip = small piece of silicon  that has electrical connections and can store information
  • stable = steady; something that does not change
  • stage = phase, time during which something happens
  • superconductive = when electricity can flow through a material very easily, especially at low temperatures
  • state = condition that something is in
  • tremendous = very big, fast, powerful

Twitter Announces First Profits

The social media site Twitter has announced its first profit since the founding of the company in 2005. The last quarter of 2017 saw the company making $ 91 million in profits. After the announcement, Twitter shares rose more than 20%.

Twitter made the profits from an increase in ad sales and from expansion outside the US.  Overall revenue has been increasing constantly and is now at $ 731 million, due to a better targetting of ads. While revenue in the US fell, it increased strongly in Japan and other countries.

Currently, Twitter is reported to have over 330 million active users. It has been an important media outlet for celebrities and politicians, especially in the United States, for a long time. However, surprisingly, up to now, the company has failed to make any profits. Business experts have criticized Twitter for failing to grow over the longer term and step out of the shadows of its bigger brother, Facebook.

 

The company has announced its plans for 2018.  It wants to improve the quality of information and tackle security issues, for example, fake accounts and spam. As many as 15% of all accounts on Twitter are said to be controlled by bots.

 

Twitter headquarters in San Francisco
Twitter headquarters in San Francisco – Image: Runner1928

Words

  • account  = agreement you have with an organisation so that you can use its services or website
  • ad = advertisement = pictures, text or a short film that persuades people to buy a product
  • announce = to say in public, officially
  • bot = computer programme  that can control information on a website
  • celebrity = famous person
  • constantly = slowly, but all the time
  • currently = at the moment
  • due to = because of
  • especially = above all
  • expansion = when something increases in size
  • fail = here: not succeed in doing something
  • fake = not a real person
  • founding = when the company started
  • increase = grow, become larger
  • longer term = over a longer period of time
  • outlet = here: organization through which information is presented
  • overall = total; altogether
  • politician = person who works in the government, parliament or a political party
  • profit = the money you for selling things or doing business after  your costs  have been paid for
  • reported = it is said that …
  • revenue = money that a company gets in a certain time for selling products and services
  • rise – rose = to go up
  • security issues = problems in which the website is attacked by criminals and hackers
  • shares = part of a company that you can buy
  • spam = message that is sent to many different people by email or the Internet, usually as a way of advertising something
  • tackle = manage ; fight against
  • target = here: people who are chosen for getting ads

Amazon Go – The First Automated Store

Amazon has opened its first automated store to the public. Amazon Go is a grocery store located on the ground level of the corporation’s Seattle headquarters.

The store, which offers food, salads and boxed meals could revolutionize our shopping experience in the future.

As soon as you arrive at the store, a cell phone app connected to an Amazon account registers your presenceEverything that happens in the store is tracked by hundreds of infrared cameras. When you pick up items from the shelves they are automatically put into your virtual shopping cart. The cameras also detect when you put an item back on the shelves and remove it from your cart. The moment you walk out your account is charged without making any physical payment.

The technologies used at Amazon Go are the same as with driverless cars –  computer tracking, weight sensors on shelves and complicated algorithms.

The 1,800 square foot store has been open to Amazon employees for a year. Now the public can also shop there.

However, not everything has been running smoothly in the store’s opening year.There were hardships to overcomeFor example, it’s hard for cameras to distinguish between different flavours or products that look the same. They also have problems handling people who move around or identifying shoppers with similar body sizes and clothes.

Even though there are no checkout counters and cashiers who make you wait in line, there are shop assistants who restock goods and help customers find their way around.

 

Amazon Go store in Seattle
Amazon Go store in Seattle – Image: SounderBruce

Words

  • account = here: the  services of a company that you use
  • algorithm = set of instructions that are followed in a fixed order and used  for solving problems
  • automated = using computers, cameras and machines
  • boxed meal = meal that has already been cooked and is ready to eat
  • cashier = person who you pay money to in a shop
  • charge = you have to pay money for the goods you buy
  • checkout counter = place where you pay for products when you leave a store
  • complicated = difficult
  • connect = link
  • corporation = big company
  • detect = discover, notice
  • distinguish = find the difference between two things
  • driverless = without a driver
  • employee = a person who works there
  • even though = although, while
  • flavour = the taste of something
  • hardships = problems, difficulties
  • headquarters = place from where a company operates
  • however = but
  • identify = find out the name of someone
  • infrared = light that gives out heat but cannot be seen
  • item = product
  • located = to be found; situated
  • overcome = solve
  • physical payment = real money you pay with in a store
  • presence = someone is present
  • public = here: everybody
  • register = record
  • restock = bring in more items to replace those that have been bought
  • revolutionize = to change completely the way you do something
  • shopping experience = the way we shop
  • similar = almost the same
  • smoothly = here: the way it should; without any problems
  • track = watch closely
  • virtual = not real; here: your Amazon account
  • weight sensor = small object that finds out if there is something on the shelf or not

World Health Organisation Introduces Gaming Disorder

The World Health Organisation has added the term “gaming disorder” to its International Classification of Diseases. It refers to people who are addicted to video and other games and cannot stop. It is the first update in the WHO’s catalogue in almost three decades.

According to the WHO, gaming becomes a disorder if you are unable to control how long you play and when to stop. When that happens, it gets control of your life, influences everyday situations and affects your daily routine. WHO officials say that excessive gaming is  a serious disorder that must be closely watched

In order for a person to be regarded as having a gaming disorder, the behaviour must be going on for at least one year, either constantly or in phases. Gamers put their addiction above their family life, meeting with friends and going to school.

On one side studies have shown that playing video games may help with problems like depression and dementia.However, gaming is highly addictive and many people play for a longer time than is healthy. As a result, people get fired for not going to work or miss school classes for a longer period of time.

Many continue with their addiction, even if they see and realize the negative consequences it leads to.

 

 

Gaming is now regarded as a WHO disorder
Gaming is now regarded as a WHO disorder – Image: Marco Verch

Words

  • according to = as said by …
  • addicted to = not able to stop doing something that may be harmful
  • addiction = when you have to and want to do something regularly
  • behaviour = here: too much gaming
  • classification = when you put people into a group
  • consequence = result
  • constantly = all the time, without interruption
  • daily routine = what you normally do every day
  • decade = ten years
  • dementia = illness that affects the brain, in which you cannot think clearly and behave in a normal way; you also forget a lot of things
  • depression = situation in which you are unhappy, nervous  and cannot live a normal life
  • disorder = mental or physical illness which stops your body from working the way it should
  • excessive = too much
  • get fired = lose your job
  • highly addictive = here: the will to play a game is so strong you cannot stop
  • however = but
  • influence = change
  • official = person who is in a high position in an organisation
  • realize = understand how bad the situation is
  • refer = to be about something
  • regard as = here: to put a person into this category
  • serious = very bad
  • studies = work that is done to find out more about a topic
  • update = change
  • World Health Organisation (WHO) = international organisation that is part of the United Nations, which helps countries improve the health of their population; it also offers information about diseases and provides medicine

NASA Discovers Star System With 8 Planets

NASA has discovered the eighth planet of a star system, similar to our solar system. The star, Kepler-90  is over 2,500 light years away and larger and hotter than our sun. It is the first star known to have as many planets as our solar system.

The Kepler-90 star system is much more compact than our solar system. The outermost planet orbits the star at about the same distance as the earth orbits the sun.  its inner planets are small and rocky while the outer ones are larger and made up of gas

The newly discovered planet, Kepler -90i, is the third celestial object in the star system. It is probably rocky and similar to our earth, but because of its closeness to its home star has an average surface temperature of about 400° C. It moves around the star once every 14.4 days.

The discovery was made based on data provided by the Kepler space telescope. Launched in March 2009, the telescope has constantly been scanning certain sections of the universe in search of new stars and planetary systems. Up to now, over 2,000 new worlds have been discovered.

To help analyse the data NASA has been relying on artificial intelligence software supplied by Google.  This software examines weak signals of light when objects pass in front of a star.  The new way of examining data is expected to reveal even more new planets in the future.

 

Kepler 90 star system compared to our solar system
Kepler 90 star system compared to our solar system

Words

  • artificial intelligence = when computers do intelligent things  that only people can do, such as think and make their own decisions
  • average = normal, usual
  • based on = use
  • celestial = about the sky
  • closeness = being close to something
  • compact = here: the planets are closer together and near to the star
  • constantly = always
  • data = information
  • discover = to find something for the first time
  • distance = the amount of space between two objects
  • examine = look at something closely
  • launch = to send  an object into space
  • light year = the distance light travels in one year = 9,460,000,000,000 km
  • orbit = to go around
  • outermost = the farthest away from something
  • planetary system = star with planets moving around it
  • provide = give
  • rely = depend on; need
  • reveal = to show something that was not known before
  • rocky = covered with or made of rocks; here: a hard surface
  • scan = when a machine looks at things carefully but quickly
  • similar = like
  • solar system = our sun and the eight planets that move around it
  • surface temperature = temperature you get when you stand on the planet
  • weak = not strong

 

 

Automation Could Cost Up To 800 Million Jobs

Up to 800 million people worldwide could lose their jobs because of automation. About half of them will have to learn new skills to get another job. In the United States alone, up to a third of the workforce could become unemployed within the next few decades. These are the results of a recent publication by McKinsey Global Institute.

Jobs that involve manual or factory work are the ones that are most at risk. People who work in social fields, the environment or management are less likely to lose their jobs. In countries with ageing populations, more jobs will be needed in health care.

The report says that there is no reason to panic because new job fields will emerge which will more than compensate the loss of traditional jobs. In addition, economic activity and rising productivity will also provide for more jobs.  However, workers will need to adapt to jobs more quickly than before and lifelong learning will be essential.

Artifical intelligence is already spreading quickly in some areas. Technological inventions, like self-driving cars, will become hugely popular within a decade. More jobs will be needed in the energy sector and people will find more work building modern infrastructure in cities.

However, governments around the globe will have to give support and spend money on programs to train workers for new tasks.

The report states that the situation today is similar to the beginning of the 20th century when agricultural societies became more and more industrialised.  The invention of the automobile contributed to this change. In the 1980s the computer revolution eliminated some jobs but created many others.

Automation in a German factory
Automation in a German factory – Image: KUKA Roboter Gmbh

Words

  • adapt = change; get used to
  • ageing = getting older
  • agricultural = farming
  • artificial intelligence = the study of how to make computers do intelligent things  that people can do, such as think and make decisions
  • automation = the use of computers and machines to do jobs that normally people do
  • century = a hundred years
  • compensate = replace
  • contribute = here: to play a major part
  • decade = ten years
  • economic activity = producing and consuming goods
  • eliminate = lose; do away with
  • emerge = come up, appear
  • environment = people and things that are around you in your life
  • essential = extremely important and necessary
  • government = the people who rule a country
  • health care = services that a country provides for its people
  • hugely = very much
  • in addition = also
  • infrastructure = the basic systems that a country or city needs, like railways, banks, schools etc..
  • invention = a useful machine that is created
  • involve = here: to be about
  • less likely = will probably not …
  • management = controlling and organising the work of a company
  • manual = with your hands and physical strength
  • productivity = the goods that are produced by workers in a certain time
  • provide =  give, offer
  • publication = when information is printed for everyone to read
  • recent = a short time ago
  • similar = like
  • skill = the ability to do something well
  • task = job
  • traditional = here: jobs that have existed up to now
  • train = here: prepare people for a new job
  • workforce = all the people in a country who can work
  • unemployed = without a job , out of work

 

China Overtakes US in Number of Supercomputers

For the first time in history, China has overtaken the United States in the number of supercomputers.  Currently, China has a total of 202 of the world’s 500 fastest computers, up from 159 half a year ago. The number of US supercomputers has dropped to 144.

The world’s most powerful computer is located in China. The Sunway  TaihuLight ,  at Wuxi can do 93 quadrillion calculations per second. The fastest US computer, the Titan, is ranked fifth while Europe’s speediest computer is Switzerland’s Piz Daint, ranked third.

Supercomputers are machines that occupy entire buildings and use the combined power of thousands of processors. They are used to carry out special tasks that involve a huge number of calculations.  Among them are weather forecasts and climate studies, as well as strategic tasks like nuclear weapons simulations.

Chinese supremacy in the world of supercomputing reflects the country’s  investment in research and development. One-fifth of the money used on research and development around the world is spent in China.

On the other side, many Chinese systems have been created to earn money. Processing power is rented to other national and international companies.

For years the speed of supercomputers has steadily increased although since 2012 this increase has slowed down.

 

America's Titan2  - Supercomputers
America’s Titan2 Supercomputer – Image: Courtesy of Oak Ridge National Laboratory, U.S. Dept. of Energy

Words

  • although = while
  • calculation = here: a single task
  • combined = everything  put together
  • create = make
  • currently = at the moment, now
  • drop = go down
  • entire = whole
  • huge = very big; very many
  • investment = to use money for special things
  • involve = need
  • located = can be found
  • nuclear weapons simulation = here: software that tries to find out how nuclear bombs will affect the world and its population if they are used
  • occupy = use up; need
  • overtake = to be better than
  • processor = central part fo a computer that deals with commands and the information you give it
  • quadrillion= the number one followed by 24 zeros
  • ranked = position in a list
  • reflect = show, demonstrate
  • rent = let someone use something for money
  • research and development = to study special fields and use new ideas to create new things
  • speediest = fastest
  • steadily = slowly
  • strategic = here: about the military
  • supremacy = being number one or the best in the world
  • task = piece of work
  • weather forecast = a description of what the weather will be like in the next few days