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X.com (other)
X.com was an online bank co-founded by Elon Musk, Harris Fricker, Christopher Payne, and Ed Ho in 1999 in Palo Alto, California. In 2000, X.com merged with competitor Confinity Inc., a software company also based in Palo Alto. Musk was attracted to Confinity because of its easy payment system. The merged company changed its name to PayPal. eBay bought PayPal for US$1.5 billion in 2002. In 2015, PayPal was spun off and became an independent company. Business model X.com was an early online bank, and deposits were insured by the FDIC. The company was initially funded by Elon Musk and Greg Kouri, who went on to fund Musk's later ventures: Tesla and his startup, SpaceX. Customers were not assessed fees or overdraft penalties; in fact, they were rewarded for signing up with a $20 cash card and a $10 card for new member referrals. These features were distinct for their time. For instance, customers could send money to another person by entering their email address into X.com. Additio ...
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Elon Musk
Elon Reeve Musk ( ; born June 28, 1971) is a business magnate and investor. He is the founder, CEO and chief engineer of SpaceX; angel investor, CEO and product architect of Tesla, Inc.; owner and CEO of Twitter, Inc.; founder of The Boring Company; co-founder of Neuralink and OpenAI; and president of the philanthropic Musk Foundation. With an estimated net worth of around $139 billion as of December 23, 2022, primarily from his ownership stakes in Tesla and SpaceX, Musk is the second-wealthiest person in the world according to both the ''Bloomberg Billionaires Index'' and '' Forbes'' real-time billionaires list. Musk was born in Pretoria, South Africa and briefly attended at the University of Pretoria before moving to Canada at age 18, acquiring citizenship through his Canadian-born mother. Two years later, he matriculated at Queen's University and transferred to the University of Pennsylvania, where he received bachelor's degrees in economics and physics. He ...
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Intuit
Intuit Inc. is an American business software company that specializes in financial software. The company is headquartered in Mountain View, California, and the CEO is Sasan Goodarzi. Intuit's products include the tax preparation application TurboTax, personal finance app Mint, the small business accounting program QuickBooks, the credit monitoring service Credit Karma, and email marketing platform Mailchimp. more than 95% of its revenues and earnings come from its activities within the United States. Intuit offers a free online service called TurboTax Free File as well as a similarly named service called TurboTax Free Edition which is not free for most users. In 2019, investigations by ProPublica found that Intuit deliberately steered taxpayers from the free TurboTax Free File to the paid TurboTax Free Edition using tactics including search engine delisting and a deceptive discount targeted to members of the military. Intuit has lobbied extensively against the IRS providin ...
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American Companies Established In 1999
American(s) may refer to: * American, something of, from, or related to the United States of America, commonly known as the "United States" or "America" ** Americans, citizens and nationals of the United States of America ** American ancestry, people who self-identify their ancestry as "American" ** American English, the set of varieties of the English language native to the United States ** Native Americans in the United States, indigenous peoples of the United States * American, something of, from, or related to the Americas, also known as "America" ** Indigenous peoples of the Americas * American (word), for analysis and history of the meanings in various contexts Organizations * American Airlines, U.S.-based airline headquartered in Fort Worth, Texas * American Athletic Conference, an American college athletic conference * American Recordings (record label), a record label previously known as Def American * American University, in Washington, D.C. Sports teams Soccer * ...
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Online Banks
Online banking, also known as internet banking, web banking or home banking, is an electronic payment system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institution's website. The online banking system will typically connect to or be part of the core banking system operated by a bank to provide customers access to banking services in addition to or in place of traditional branch banking. Online banking significantly reduces the banks' operating cost by reducing reliance on a branch network and offers greater convenience to some customers by lessening the need to visit a branch bank as well as the convenience of being able to perform banking transactions even when branches are closed. Internet banking provides personal and corporate banking services offering features such as viewing account balances, obtaining statements, checking recent transactions, transferring money between accounts, and maki ...
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Single-letter Second-level Domain
Single-letter second-level domains are domains in which the second-level domain of the domain name consists of only one letter, such as x.com. In 1993, the Internet Assigned Numbers Authority (IANA) explicitly reserved all single-letter and single-digit second-level domains under the top-level domains com, net, and org, and grandfathered those that had already been assigned. In December 2005, ICANN considered auctioning these domain names. Active single-letter domains On December 1, 1993, the Internet Assigned Numbers Authority (IANA) explicitly reserved the remaining single-letter and single-digit domain names. The few domains that were already assigned were grandfathered in and continued to exist. The six single-letter domains in existence at that time under .com, .net and .org were the following: The .org TLD was subsequently reopened for single-letter domain registrations. These and selected other gTLD and ccTLD single-letter domain names currently in use, typically as sho ...
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X Mark
An X mark (also known as an ex mark or a cross mark or simply an X or ex or a cross) is used to indicate the concept of negation (for example "no, this has not been verified", "no, that is not the correct answer" or "no, I do not agree") as well as an indicator (for example, in election ballot papers or in maps as an x-marks-the-spot). Its opposite is often considered to be the check mark or tick (or the O mark used in Japan and Korea). In Japanese, the X mark (❌) is called "batsu" (ばつ) and can be expressed by someone by crossing their arms. It is also used as a replacement for a signature for a person who is blind or illiterate and thus cannot write their name. Typically, the writing of an X used for this purpose must be witnessed to be valid. As a verb, to X (or ex) off/out or to cross off/out means to add such a mark. It is quite common, especially on printed forms and document, for there to be squares in which to place x marks, or interchangeably checks. It i ...
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YouTube
YouTube is a global online video sharing and social media platform headquartered in San Bruno, California. It was launched on February 14, 2005, by Steve Chen, Chad Hurley, and Jawed Karim. It is owned by Google, and is the second most visited website, after Google Search. YouTube has more than 2.5 billion monthly users who collectively watch more than one billion hours of videos each day. , videos were being uploaded at a rate of more than 500 hours of content per minute. In October 2006, YouTube was bought by Google for $1.65 billion. Google's ownership of YouTube expanded the site's business model, expanding from generating revenue from advertisements alone, to offering paid content such as movies and exclusive content produced by YouTube. It also offers YouTube Premium, a paid subscription option for watching content without ads. YouTube also approved creators to participate in Google's AdSense program, which seeks to generate more revenue for both parties. ...
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Acquisition Of Twitter By Elon Musk
Business magnate Elon Musk initiated the acquisition of American social media company Twitter, Inc. on April 14, 2022, and concluded it on October 27, 2022. Musk began buying Twitter shares in January 2022, eventually becoming the company's largest shareholder by April with a 9.1 percent ownership stake. Twitter invited Musk to join its board of directors, an offer Musk initially accepted before declining. On April 14, he made an unsolicited offer to purchase the company; Twitter's board initially responded with a " poison pill" strategy to resist a hostile takeover, but unanimously accepted Musk's buyout offer of $44 billion on April 25. Musk stated that he planned to introduce new features to the platform, make its algorithms open-source, combat spambot accounts, and promote free speech. In July, Musk announced his intention to terminate the agreement, asserting that Twitter had breached their agreement by refusing to crack down on spambot accounts. The company f ...
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The Boring Company
The Boring Company (TBC) is an American infrastructure and tunnel construction services company founded by Elon Musk. Its ongoing and proposed projects are designed for intra-city ("loop") transit systems. After six years TBC has completed one out of six publicly announced projects. The only operational one is situated inside the Las Vegas convention center (LVCC) and operates on limited days for loop travel during conventions. It connects the LVCC West Hall to the existing campus over a stretch of 1.7 miles with an average speed of 30mph in non-autonomous regular Tesla 3 cars that are steered by an driver, despite promised to have 150mph average speeds and autonomous "sleek custom pods". The majority of Las Vegas local residents are not served by the LVCC limited transportation system. The TBC completed one tunnel for testing in Los Angeles County. During the opening of the test tunnel at the end of 2018, it was described as "just a regular Tesla driving through a paved tunne ...
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Peter Thiel
Peter Andreas Thiel (; born 11 October 1967) is a German-American billionaire entrepreneur, venture capitalist, and political activist. A co-founder of PayPal, Palantir Technologies, and Founders Fund, he was the first outside investor in Facebook. , Thiel had an estimated net worth of $7.19 billion and was ranked 297th on the Bloomberg Billionaires Index. He worked as a securities lawyer at Sullivan & Cromwell, as a speechwriter for former U.S. Secretary of Education William Bennett and as a derivatives trader at Credit Suisse. He founded Thiel Capital Management in 1996. He co-founded PayPal with Max Levchin and Luke Nosek in 1998, serving as chief executive officer until its sale to eBay in 2002 for $1.5 billion. After PayPal, he founded Clarium Capital, a global macro hedge fund based in San Francisco. In 2003, he launched Palantir Technologies, a big data analysis company, serving as its chairman since its inception. In 2005, he launched Founders Fund with PayPal ...
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Infrared Port
The Infrared Data Association (IrDA) is an industry-driven interest group that was founded in 1994 by around 50 companies. IrDA provides specifications for a complete set of protocols for wireless infrared communications, and the name "IrDA" also refers to that set of protocols. The main reason for using the IrDA protocols had been wireless data transfer over the "last one meter" using point-and-shoot principles. Thus, it has been implemented in portable devices such as mobile telephones, laptops, cameras, printers, and medical devices. The main characteristics of this kind of wireless optical communication are physically secure data transfer, line-of-sight (LOS) and very low bit error rate (BER) that makes it very efficient. Specifications IrPHY The mandatory IrPHY (Infrared Physical Layer Specification) is the physical layer of the IrDA specifications. It comprises optical link definitions, modulation, coding, cyclic redundancy check (CRC) and the framer. Different data ...
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PalmPilot
The PalmPilot Personal and PalmPilot Professional are the second generation of Palm PDA devices produced by Palm Inc (then a subsidiary of U.S. Robotics, later 3Com). These devices were launched on March 10, 1997. Accessories and pricing Palm also sold the 10201U modem A modulator-demodulator or modem is a computer hardware device that converts data from a digital format into a format suitable for an analog transmission medium such as telephone or radio. A modem transmits data by modulating one or more c ... at 14.4 kbit/s, introduced at a price of $129 (this modem is also compatible with the Palm III and Palm IIIx devices). An upgrade kit was also available, which allowed users of the earlier Pilot 1000/5000 devices to upgrade the OS, ROM, and RAM to match the PalmPilot Professional. Initially suggested retail prices upon launch were $399 for the PalmPilot Professional (1MB), $299 for the PalmPilot Personal (512KB), and $199 for the Upgrade Kit. Upgrade kits ...
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