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

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

Ford To Invest $11 Billion in Electric Cars

The Ford Motor Company has revealed plans to invest over $11 billion dollars in the development and production of electric cars by 2022. The announcement was made public at the Detroit Motor Show.

The American carmaker plans to produce 16 fully battery-driven vehicles and 24 hybrid cars by 2022. At the moment the Focus is the only Ford car that can be driven by batteries alone.

Apart from producing electric-driven cars for the North American market, Ford also aims at increasing sales to China, the largest growing car market in the world. In addition, it wants to become the world’s leader in fuel-efficient trucks. The car producer also plans to bring a battery-driven SUV on the market by 2020.

Instead of creating completely new electric vehicles from scratch, Ford wants to electrify cars that are already popular because people will know what they get and buy more easily.

Automobile manufacturers around the world are under pressure to develop electric cars because many large countries, including China, India, France and the U.K. have said they would phase out vehicles powered by internal combustion engines within the next two decades. They also face fierce competition from companies like Tesla, a car-maker that specialises in innovative technologies.

As battery costs are going down rapidly, carmakers may find it easier to produce electric cars with higher mileage and at cheaper prices.

 

The electric version of the Ford Focus at an Amsterdam automobile show
The electric version of the Ford Focus at an Amsterdam automobile show – Image: Overlaet

Words

  • aim = target , plan
  • announcement = official statement
  • apart from = other than
  • battery-driven = run by a battery
  • billion = a thousand million
  • competition = trying to be more successful than other companies
  • decade = ten years
  • development = working on a new product
  • electrify = make electric
  • fierce = here: strong
  • from scratch = to start something from the beginning without using anything that has existed before
  • fuel-efficient = car that burns fuel in a more effective way than usual; it does not need as much fuel as others do
  • fully = completely
  • higher mileage = here: to make an electric car that can travel more miles or kilometres before you have to recharge it
  • hybrid car = a car that has both a petrol or diesel engine and an electric motor
  • in addition = also
  • innovative = new way of doing something; often better than existing methods
  • instead of = in something’s place
  • internal combustion engine = engine that produces power by burning petrol or diesel; it is used in most cars
  • invest = spend money on …
  • make public = to say something for everyone to hear
  • manufacturer = producer
  • phase out = to slowly stop using or producing something
  • popular = well-known and liked by many people
  • production = here: making cars
  • rapidly = quickly
  • reveal = announce to many people
  • sales = selling cars
  • SUV = sport-utility vehicle = car that is bigger and is made for travelling over rough ground; mostly with a 4-wheel drive
  • under pressure = to make someone do something  by using arguments and threats
  • vehicle = a machine with a motor that is used to take people or things from one place to another

Cailfornia Legalises Marijuana For Recreational Use

California has become the largest American state to legalize the sales of marijuana for recreational use. In November 2016,  citizens in the state voted in favour of a proposition that would allow citizens to possess small amounts of the substance. It is now legal to grow six plants of your own or have an ounce of pot.

About 90 licences are to be handed out statewide to shops that want to sell recreational marijuana. In the last two decades, special shops have been allowed to sell marijuana only for medical reasons, in order to treat pain and anxiety. People who want to buy medical marijuana need a prescription from a doctor.

Apart from legalizing the drug, there will be strict controls monitored by state authorities. Californians will not be allowed to consume marijuana in public places or near schools. Local governments will be able to set up their own rules on where smoking is allowed.

Despite this new state law, the federal government still looks at marijuana as an illegal substance. California has become the eighth state to legalize the drug.

In 2016 California produced about 13 million pounds of pot. 80% of it was transferred illegally out of the state.The illegal marijuana market, currently at 5 billion dollars, is expected to grow to 7 billion in California by 2020. In addition, the state will be able to generate additional taxes from selling legal marijuana.

Shopkeepers who have been able to sell medical marijuana are worried that prices will go up because of additional taxes. Some fear that additional licences could ruin their business.

 

 

medical marijuana
Medical marijuana card that allows a person to buy marijuana for medical purposes

Words

  • additional = extra
  • anxiety = feeling worried about or afraid of something
  • apart from = besides
  • authorities = organisation that can make decisions
  • billion = a thousand million
  • citizen = person who lives in a place and has rights there
  • consume = here: smoke
  • currently = at the moment
  • decade = ten years
  • despite = even though
  • federal government = the government of the United States, not the state government
  • generate = produce, get
  • government = people who rule a country or state
  • hand out = give to someone
  • illegal substance = drug that is not allowed
  • in addition = also
  • in favour of = to be for something
  • legal = allowed
  • legalize = allow
  • licence = here: a document that allows you to sell something
  • marijuana = illegal drug that is smoked like a cigarette
  • monitor = to watch carefully
  • ounce = unit for measuring weight = 28.35 grams
  • pain = feeling you have when something hurts
  • possess = own, have
  • pot = another word for marijuana
  • prescription = piece of paper on which a doctor writes down what medicine you need
  • proposition = a suggested change of the law
  • public place = place where everyone can go to
  • recreational use = for fun or pleasure
  • ruin = destroy
  • small amounts = a little bit
  • statewide = in the whole state
  • substance = material ; here: drug
  • transfer = take, carry
  • treat = to try to help if oyu have an illness

 

 

Regular Exercise Can Improve Your Memory

According to a new publication by Amercian neurologists, regular exercise can improve your memory and thinking skills. We know that exercise has proven to be good for your heart and overall fitness, but now doctors say that it can actually help you remember things.

As we get older most of us have problems  with memory, language  and thinking about certain things. This is called mild cognitive impairment (MCI) .In most cases, such problems don’t influence our everyday life but we realize them. Exercising may slow down the rate of MCI and reduce the risk of getting dementia at a later phase in life.

Unlike people with dementia, those with mild cognitive impairment can cope with their regular routine, like getting dressed or preparing meals. However, they may have trouble remembering dates, appointments and where they left their keys.  This may be the first step to Alzheimer’s disease or dementia.

While there is no medicine and dietary way to fight against memory loss, neurologists encourage people to do some form of aerobic exercise, like walking, running or cycling or swimming for a total of 2 .5 hours a week. They recommend exercising just so fast that you don’t sweat and can talk to others.

More than 6% of all people around the world have a mild form of cognitive impairment. As people get older the rate increases and jumps to 37% of all over 85 year olds.

Jogging and other forms of aerobic exercise helps you with your memory
Jogging and other forms of aerobic exercise helps you with your memory – Image: Ed Yourdon

Words

  • according to = as said by …
  • aerobic exercise = activity that makes your lungs and heart stronger
  • Alzheimer’s disease = disease that affects the brain, especially of old people; it is difficult to move, talk and remember things
  • appointment = meeting you have with someone
  • cope = deal with
  • dementia = illness that affects the brain and memory; you slowly lose the ability to think clearly and remember things
  • dietary = about the food you  eat
  • encourage = say that you should do something because it is good for you
  • exercise = do physical activity
  • however = but
  • improve = to make a situation better
  • increase = go up
  • influence = change
  • memory = the ability to remember things, places and events
  • memory loss = losing your memory
  • publication = when information is printed so that everyone can read it
  • neurologist = person who studies the brain and our nervous system and the diseases connected to them
  • overall = general
  • rate = how fast something grows
  • realize = know that something is there or exists
  • recommend = suggest
  • reduce = make lower
  • regularly = often; at the same time every day or week
  • skill = things we can do because we have practised them
  • slow down =make slower
  • sweat = to do something so fast that you have drops of salty liquid coming out of your skin
  • unlike =different from something

 

US Life Expectancy Drops Because of Opioid Abuse

For the second year in a row life expectancy in the United States has decreased. One of the main reasons is the rise in opioid-related deaths, especially with young adults.

Life expectancy in 2016 was 78.6 years, compared with 78.4 years two years earlier. It is the first two-year decline in over 50 years. While life expectancy in other parts of the world is going up, the average American is dying at an earlier age.

According to a recently published report, overdoses of painkillers and other opioids are causing more and more premature deaths. The figures have risen from 6.1 per 100,000 people in 1999 to 21 per 100,000 people in 2016.

Last year 63 000 people died from some form of drug overdose. While 15000 of them were heroin addicts an alarming 14000 died from other painkillers. Most of them were in the 28-54 year age group.

In many cases, drug abuse is caused by a general dissatisfaction with a person’s personal situation. This results in depression and hopelessness if addicts don’t have a family to support them. Such victims don’t have the stability that they need. As a consequence, they turn to alcohol and drugs.

Opioids are drugs that reduce pain by targeting pain receptors in the brain. You need a doctor’s prescription to get them, but more and more people are buying them illegally on the streets.

While many start out with painkilling drugs, they later turn to heroin, also an opioid. In the terminal stages of cancer, morphine is often used to reduce a patient’s pain.

 

Different kinds of painkilling drugs
Different kinds of painkilling drugs

Words

  • abuse = using something in a way that you shouldn’t
  • according to = as reported by …
  • addict = someone who is not able to stop taking drugs
  • as a consequence = this results in; it leads to
  • average = normal
  • brain = organ in your head that control your thoughts, feelings and movements
  • cancer = very serious illness in which cells in your body grow in an uncontrollable way
  • compared with= to look at two things and see how they are different
  • decline = when something goes down
  • decrease = to go down
  • depression = a medical condition in which you are unhappy with yourself and cannot lead a normal life
  • dissatisfaction = here: not being happy with yourself
  • especially = above all
  • heroin = powerful and illegal drug made of morphine
  • illegally = not allowed; against the law
  • life expectancy = the number of years a person is expected to live
  • morphine = powerful drug that is used to make people calmer and stop the pain
  • opioid = a drug that acts on the nervous system to reduce pain
  • overdose = to take too much of a drug at one time
  • pain = the feeling you have when part of your body hurts
  • painkiller = medicine which removes or reduces pain
  • premature = when something happens before the natural time
  • prescription = piece of paper that a doctor writes so that an ill person can get medicine
  • recently = a short time ago
  • receptor = a nerve ending that gets information  and causes the body to react in a special way
  • reduce = lower
  • result in = lead to, be the reason for somehting
  • stability = here: strength
  • target = attack
  • terminal stages = the last days, weeks or months before a person dies of an illness

California Publishes New Cell Phone Guidelines

California’s Department of Health has published new guidelines on how to handle cell phones. It warns that radiation emitted from cell phones can be harmful but does not say that cell phones are dangerous.

.Health authorities in California suggest a few measures cell phone users should take. When sleeping, you should keep your phone at least an arm’s length away from your body.  You should also avoid keeping your cell phone in your pocket. They also recommend only using cell phones when reception is strong.

Some doctors agree that carrying cell phones close to your body could increase the risk of getting brain tumours , cancer and becoming infertile. It may also lead to headaches, hearing problems and a loss of memory. On the other side, there are many health experts who say that the risks cell phone usage present are not proven

Cell phones emit radiation in the form of low-energy radio waves when they receive and send signals from cell towers.    The frequencies that cell phones use could be linked to various illnesses.

The new cell phone guidelines have existed since 2009 but not been published. Recently, a Berkeley professor won a lawsuit against the Department of Health to release the guidelines to the public and push for more action.

 

The California Department of Health has released new guidelines on how to use cell phones.
The California Department of Health has released new guidelines on how to use cell phones.

Words

  • authorities = government organisation that can make decisions
  • avoid = stop; not do something
  • brain tumour = illness in your brain  in which cells increase in an uncontrolled way
  • cancer = serious disease in which cells in one part of your body start to grow in a way that is not normal
  • cell tower = high object that sends out and receives cell phone signals
  • Department of Health = authorities that are responsible  for health programs and health information that is given to the public
  • emit = release, send out
  • guidelines = instructions on how people should do something or deal with something
  • handle = use
  • increase = go up
  • infertile = if you are not able to have babies
  • lawsuit = a problem that is settled by a judge in court
  • loss of memory = when you start forgetting things
  • public = the people in general
  • publish = to release official information to all people
  • radiation = form of energy that is sent out as waves that you cannot see
  • receive = pick up, get
  • recently = a short time ago
  • reception = the quality of the signal you get for your cell phone
  • suggest = recommend
  • usage = how something is used

Da Vinci Painting Sells For Almost 500 Million

Leonardo da Vinci’s portrait of Christ was sold for $450 million at an art auction at Christie’s  in New York. It was more than double the price of any art object ever sold.

The painting, Salvator Mundi,  is one of the rare masterpieces of the Renaissance painter. Created at around 1500 it is one of 20 da Vinci paintings still in private possession.

Salvator Mundi was once owned by King Charles I  of England in the middle of the 17th century.  The painting was believed to have been destroyed until it resurfaced in 1900.  In England, it was sold for a mere $125  because art experts at the time thought it was a worthless copy, either done by one of da Vinci’s followers or students. Even today, the painting’s authenticity is still in doubt.

After being restored several times, a Russian billionaire bought the painting in 2013. The new owner intends to remain anonymous.

The oil painting shows the upper body of Jesus Christ as the world’s saviour. In one hand he holds a glass sphere in, while the other hand is raised in blessing.

Currently, there is only one da Vinci in the United States. Ginevra de’ Benci can be observed in public at the National Gallery of Art in Washington, D.C.

 

Da Vinci's masterpiece "Salvator Mundi"
Da Vinci’s masterpiece “Salvator Mundi”

Words

  • anonymous = not known by name
  • auction = a public meeting where paintings and other things are sold to the person who offers the most money
  • authenticity = the quality of being real or true
  • billionaire = person who has one thousand million dollars, euros etc..
  • in blessing = with the help or protection from God
  • century = a hundred years
  • Christie’s = famous auction house in New York
  • currently = now, at the moment
  • destroy = to damage completely so that you no longer can use it
  • in doubt = here: it may not be real
  • in public = where everyone can see it
  • intend = want to be
  • masterpiece = a work of art that is of very high quality or the best of a famous artist
  • mere = only
  • observe = see something
  • own = possess; if something belongs to you
  • possession = something that belongs to you
  • raise = hold up
  • rare = not found very often
  • Renaissance = period of time in Europe between the 14th and 17th centuries, when art, literature and scientific ideas became very important
  • restore = repair, so that it appears like it once was
  • resurface = to appear again after being lost or missing for some time
  • saviour =  a person who saves someone in a dangerous situation – here: Jesus Christ
  • sphere = shape of a ball
  • worthless = without any value , cheap

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

Disney Plans New Streaming Service

Entertainment giant Disney has announced that it intends to start its own streaming service in 2019. Subscription prices will be much lower than those of  Netflix and other competitors but the new service will not be able to compete with Netflix as far as quantity goes.

In addition to showing films like Toy Story 4 and Frozen 2,  Disney is also planning the production of a new Star Wars trilogy, a Star Wars TV series and several Marvel movies. The company is also working on TV adaptations of Pixar’s Monsters, Inc.

Disney will also launch a new  ESPN streaming service next year. It will feature many sports events including Major League Baseball, soccer and others.

Netflix has been streaming Disney and Pixar content for several years. Now Disney wants to pull their own content from Netflix’s services. A survey conducted shortly after the announcement of the new streaming platform showed that two out of 10 Netflix subscribers were willing to switch to Disney.

The world’s largest streaming service has announced that it will spend up to $7 billion on their own productions in 2018. They hope that focusing on original content will make viewers stay on board.

Consumers will have a tough time choosing which service offers the best content. In some cases, they may have to have several accounts in order to watch all their favourite shows and films.

Disney will produce its own Star Wars films
Disney will produce its own Star Wars films

Words

  • account = here: an agreement that lets you use a service; you have to have a username and password to log in
  • announce = to say officially, in public
  • billion = a thousand million
  • competitor = here: a business that does the same thing and wants to have more success
  • conduct = carry out
  • consumer = person who buys something or uses a service and pays for it
  • content = films and TV shows
  • focus on = concentrate on; give special attention to
  • in addition = also
  • intend = plan; if you want to do something
  • original content = the films and TV series they produce themselves, not the ones they buy from other companies
  • quantity = here: the number of TVs shows and films that people can watch
  • streaming service = a service that shows TV shows and movies on the Internet  whenever you want to see them, not when they are broadcast on a TV channel
  • subscription = here: the money you pay every month in order to watch a streaming service
  • survey =  a set  of questions you ask a number of people in order to find out what they want
  • switch = change to another service provider
  • tough = hard
  • viewer = a person who watches a TV show or movie