Friday, February 28, 2020

Google's 10th Birthday Article Example | Topics and Well Written Essays - 2000 words

Google's 10th Birthday - Article Example Page initially set out to explore two main things from his choice of projects. These two things were: an exploration of the mathematical property of the worldwide web and an understanding of the worldwide web as an enormous graph. Terry Winograd, Page’s supervisor on the project encouraged him to press on with the project and since then Page has viewed this encouragement from his supervisor as the best advice ever received. At the inception of Google, page’s main concern was to find out which page linked to what page besides the numbers and natures of such linkages called backlinks. Hew, therefore, his project as â€Å"BackRub† and was soon joined by his friend and Stanford Ph.D. colleague Sergey Brin. Setting out from the Stanford homer page that Page had created, the ‘web crawler’ which was later to be called Google began to explore the worldwide web in 1996 and is aimed at gathering the backlink data as a measure of the importance of a given page. They then went on to develop a page Rank algorithm which was meant to rank backlinks ranked by importance for anyone given URL. This was a hit during this time because according to the two, listing backlinks in terms of importance would be more effective and efficient as opposed to the existing search engines that ranked the search results in terms of the number of times a search term appeared on a page. In conclusion of their project and in a test of their thesis, they realized that the pages that bore most backlinks to them from a number of associated relevant searches must be the pages which are most relevant for anyone given search.

Wednesday, February 12, 2020

Islamic Finance Case Study Example | Topics and Well Written Essays - 500 words

Islamic Finance - Case Study Example Hence, the present state of this Islamic finance is trying to upgrade and cope up with the economic, banking and finance crisis with trend and advance in technology and it seems it will still be involving from generations to generations. The view of charging interest on Islamic finance regarding riba is that their basic idea is they like money contribute to this Islamic finance used to develop mosques’ rather than other projects (Swartz, 2011). In accordance to Sharia Islamic religious law riba is considered manipulative and unlawful (Swartz, 2011). In addition, interest from the contributed money is often criticized because perspective view of these whole issues states that it is an effortless profit where the borrower is expected to pay as a form of compensation to the lender. Even in cases like where creditor has right of possession of debtor’s property if he or she is unable to settle the debt. Therefore, riba is an economic issue concerning the Muslims. In the fact, it is unlawful and discouraged in one way or another since the inception of this Islamic finance and still Islam is still withstanding this beliefs. Hence, the major concern in analysis to this monetary transaction is to evade riba des pite the reality that it is the foundation to growth in economics, banking and finance (Hart, Childs & Boyle, 2013). For Islamic finance to grow and develop a strong basis, banks have introduced use of tawarruq and inah to aid in improving Islamic economic, banking and finance with the intention of replacing the old concepts, which are prohibited in Islam. However, this has ignited controversy and criticism for many believe that the dealings are not Sharia compliant citing their argument that there is no main economic activity involved about Sharia law. Therefore, application of tawarruq and Inah banking system in Islamic finance is invalid and in effective. This is because this monetary institution will face an extensive