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21 December 2010

Youngest Internet Millionaire


 
Mark Elliot Zuckerberg Facebook Founder
Age: 23 years old
Project: Facebook
Wealth: $700 million


Mark Elliot Zuckerberg (born May 14, 1984) is an American computer programmer and entrepreneur.  As a Harvard student, he created the online social website Facebook with fellow computer science major students and his roommates Dustin Moskovitz and Chris Hughes. Facebook is a social networking site popular worldwide. Zuckerberg serves as Facebook's CEO. He has been the subject of controversy for the origins of his business and his wealth.

Time Magazine added Zuckerberg as one of The World's Most Influential People of 2008. He fell under the Scientists & Thinkers category for his web phenomenon, Facebook, and ranked 52 out of 101 people.
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18 December 2010

Suez Canal - An Artificial Waterway Of Egypt








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15 December 2010

Redwood Log House

Building a house inside the trunk of a giant tree is impressive enough, but the mere fact that the tree was 1,900 years old makes it even more unbelievable. It once stood 247 feet high, and was 14 feet in diameter. Four log houses were built from the trunk of this Redwood tree, and the one owned by Ripley’s was the fourth cut from the tree, in 1938. It measures 33 feet in length and the 11,000 feet of lumber it contains, are enough to construct a five bedroom house.

 



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12 December 2010

ATM Machine, Outputs Gold




I know it sounds a “little” over the top, but in a place where wealthy sheiks come to drink cappuccinos topped with gold flakes, the gold-dispensing ATM machine fits right in.

Invented by German entrepreneur, Thomas Geisler, Gold To Go is an ATM, covered with a thin layer of gold, that dispenses 320 gold items, from small gold bars to customized coins. First tested in 2009, in Germany, the Gold To Go ATM is now set up in the Emirates Palace Hotel, in Abu-Dhabi, where the ceilings are coated in gold.

“All the gold is imported from Germany, and soon we will have a customized gold bar with a print of the Emirates Palace logo, which will be a nice souvenir for guests to take home,” said Thomas Geisler. So far his invention has proved a hit, with one of the hotel guests buying one of each gold items the ATM dispenses. Right now it only accepts local currency, but modifications for credit cards will soon be made.

The region’s high demand for gold, and the ongoing economic turbulence, make the Gold To GO ATM machine the perfect investment.
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09 December 2010

Skull Chair

A Skull Chair that doesn’t look like a chair unless you dissect it! The Skull Chair, perfect example of gruesome functional art sits happily as a macabre accent to haunt your guests while a cozy sheep skin seat awaits inside to embrace you in all comfort when you open it.


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27 November 2010

Most Expensive Accidents in History PART - II

Challenger Explosion
The Space Shuttle Challenger was destroyed 73 seconds after takeoff due on January 28, 1986 due to a faulty O-ring. It failed to seal one of the joints, allowing pressurized gas to reach the outside. This in turn caused the external tank to dump its payload of liquid hydrogen causing a massive explosion. The cost of replacing the Space Shuttle was $2 billion in 1986 ($4.5 billion in today's dollars). The cost of investigation, problem correction, and replacement of lost equipment cost $450 million from 1986-1987 ($1 Billion in today's dollars).

Prestige Oil Spill
On November 13, 2002, the Prestige oil tanker was carrying 77,000 tons of heavy fuel oil when one of its twelve tanks burst during a storm off Galicia, Spain. Fearing that the ship would sink, the captain called for help from Spanish rescue workers, expecting them to take the ship into harbour. However, pressure from local authorities forced the captain to steer the ship away from the coast. The captain tried to get help from the French and Portuguese authorities, but they too ordered the ship away from their shores. The storm eventually took its toll on the ship resulting in the tanker splitting in half and releasing 20 million gallons oil into the sea.
According to a report by the Pontevedra Economist Board, the total cleanup cost $12 billion.

 

Space Shuttle Columbia

The Space Shuttle Columbia was the first space worthy shuttle in NASA's orbital fleet. It was destroyed during re-entry over Texas on February 1, 2003 after a hole was punctured in one of the wings during launch 16 days earlier. The original cost of the shuttle was $2 Billion in 1978. That comes out to $6.3 Billion in today's dollars. $500 million was spent on the investigation, making it the costliest aircraft accident investigation in history. The search and recovery of debris cost $300 million.
In the end, the total cost of the accident (not including replacement of the shuttle) came out to $13 Billion according to the American Institute of Aeronautics and Astronautics


Chernobyl


On April 26, 1986, the world witnessed the costliest accident in history. The Chernobyl disaster has been called the biggest socio-economic catastrophe in peacetime history. 50% of the area of Ukraine is in some way contaminated. Over 200,000 people had to be evacuated and resettled while 1.7 million people were directly affected by the disaster. The death toll attributed to Chernobyl, including people who died from cancer years later, is estimated at 125,000. The total costs including cleanup, resettlement, and compensation to victims has been estimated to be roughly $200 Billion. The cost of a new steel shelter for the Chernobyl nuclear plant will cost $2 billion alone. The accident was officially attributed to power plant operators who violated plant procedures and were ignorant of the safety requirements needed. 






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24 November 2010

Most Expensive Accidents in History

TITANIC


The sinking of the Titanic is possibly the most famous accident in the world. But it barely makes our list of top 10 most expensive. On April 15, 1912, the Titanic sank on its maiden voyage and was considered to be the most luxurious ocean liner ever built. Over 1,500 people lost their lives when the ship ran into an iceberg and sunk in frigid waters. The ship cost $7 million to build ($150 million in today's dollars).
 Metro Link Crash


On September 12, 2008, in what was one of the worst train crashes in California history, 25 people were killed when a Metrolink commuter train crashed head-on into a Union Pacific freight train in Los Angeles. It is thought that the Metrolink train may have run through a red signal while the conductor was busy text messaging. Wrongful death lawsuits are expected to cause $500 million in losses for Metrolink.





B-2 Bomber Crash


Here we have our first billion dollar accident (and we're only #7 on the list). This B-2 stealth bomber crashed shortly after taking off from an air base in Guam on February 23, 2008. Investigators blamed distorted data in the flight control computers caused by moisture in the system. This resulted in the aircraft making a sudden nose-up move which made the B-2 stall and crash. This was 1 of only 21 ever built and was the most expensive aviation accident in history. Both pilots were able to eject to safety. 

Exxon Valdez

The Exxon Valdez oil spill was not a large one in relation to the world's biggest oil spills, but it was a costly one due to the remote location of Prince William Sound (accessible only by helicopter and boat). On March 24, 1989, 10.8 million gallons of oil was spilled when the ship's master, Joseph Hazelwood, left the controls and the ship crashed into a Reef. The cleanup cost Exxon $2.5 billion.

  


Piper Alpha Oil Rig

The world's worst off-shore oil disaster. At one time, it was the world's single largest oil producer, spewing out 317,000 barrels of oil per day. On July 6, 1988, as part of routine maintenance, technicians removed and checked safety valves which were essential in preventing dangerous build-up of liquid gas. There were 100 identical safety valves which were checked. Unfortunately, the technicians made a mistake and forgot to replace one of them. At 10 PM that same night, a technician pressed a start button for the liquid gas pumps and the world's most expensive oil rig accident was set in motion.

Within 2 hours, the 300 foot platform was engulfed in flames. It eventually collapsed, killing 167 workers and resulting in $3.4 Billion in damages.
 



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