1.
New York City
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The City of New York, often called New York City or simply New York, is the most populous city in the United States. With an estimated 2015 population of 8,550,405 distributed over an area of about 302.6 square miles. Located at the tip of the state of New York. Home to the headquarters of the United Nations, New York is an important center for international diplomacy and has described as the cultural and financial capital of the world. Situated on one of the worlds largest natural harbors, New York City consists of five boroughs, the five boroughs – Brooklyn, Queens, Manhattan, The Bronx, and Staten Island – were consolidated into a single city in 1898. In 2013, the MSA produced a gross metropolitan product of nearly US$1.39 trillion, in 2012, the CSA generated a GMP of over US$1.55 trillion. NYCs MSA and CSA GDP are higher than all but 11 and 12 countries, New York City traces its origin to its 1624 founding in Lower Manhattan as a trading post by colonists of the Dutch Republic and was named New Amsterdam in 1626. The city and its surroundings came under English control in 1664 and were renamed New York after King Charles II of England granted the lands to his brother, New York served as the capital of the United States from 1785 until 1790. It has been the countrys largest city since 1790, the Statue of Liberty greeted millions of immigrants as they came to the Americas by ship in the late 19th and early 20th centuries and is a symbol of the United States and its democracy. In the 21st century, New York has emerged as a node of creativity and entrepreneurship, social tolerance. Several sources have ranked New York the most photographed city in the world, the names of many of the citys bridges, tapered skyscrapers, and parks are known around the world. Manhattans real estate market is among the most expensive in the world, Manhattans Chinatown incorporates the highest concentration of Chinese people in the Western Hemisphere, with multiple signature Chinatowns developing across the city. Providing continuous 24/7 service, the New York City Subway is one of the most extensive metro systems worldwide, with 472 stations in operation. Over 120 colleges and universities are located in New York City, including Columbia University, New York University, and Rockefeller University, during the Wisconsinan glaciation, the New York City region was situated at the edge of a large ice sheet over 1,000 feet in depth. The ice sheet scraped away large amounts of soil, leaving the bedrock that serves as the foundation for much of New York City today. Later on, movement of the ice sheet would contribute to the separation of what are now Long Island and Staten Island. The first documented visit by a European was in 1524 by Giovanni da Verrazzano, a Florentine explorer in the service of the French crown and he claimed the area for France and named it Nouvelle Angoulême. Heavy ice kept him from further exploration, and he returned to Spain in August and he proceeded to sail up what the Dutch would name the North River, named first by Hudson as the Mauritius after Maurice, Prince of Orange
2.
United States
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Forty-eight of the fifty states and the federal district are contiguous and located in North America between Canada and Mexico. The state of Alaska is in the northwest corner of North America, bordered by Canada to the east, the state of Hawaii is an archipelago in the mid-Pacific Ocean. The U. S. territories are scattered about the Pacific Ocean, the geography, climate and wildlife of the country are extremely diverse. At 3.8 million square miles and with over 324 million people, the United States is the worlds third- or fourth-largest country by area, third-largest by land area. It is one of the worlds most ethnically diverse and multicultural nations, paleo-Indians migrated from Asia to the North American mainland at least 15,000 years ago. European colonization began in the 16th century, the United States emerged from 13 British colonies along the East Coast. Numerous disputes between Great Britain and the following the Seven Years War led to the American Revolution. On July 4,1776, during the course of the American Revolutionary War, the war ended in 1783 with recognition of the independence of the United States by Great Britain, representing the first successful war of independence against a European power. The current constitution was adopted in 1788, after the Articles of Confederation, the first ten amendments, collectively named the Bill of Rights, were ratified in 1791 and designed to guarantee many fundamental civil liberties. During the second half of the 19th century, the American Civil War led to the end of slavery in the country. By the end of century, the United States extended into the Pacific Ocean. The Spanish–American War and World War I confirmed the status as a global military power. The end of the Cold War and the dissolution of the Soviet Union in 1991 left the United States as the sole superpower. The U. S. is a member of the United Nations, World Bank, International Monetary Fund, Organization of American States. The United States is a developed country, with the worlds largest economy by nominal GDP. It ranks highly in several measures of performance, including average wage, human development, per capita GDP. While the U. S. economy is considered post-industrial, characterized by the dominance of services and knowledge economy, the United States is a prominent political and cultural force internationally, and a leader in scientific research and technological innovations. In 1507, the German cartographer Martin Waldseemüller produced a map on which he named the lands of the Western Hemisphere America after the Italian explorer and cartographer Amerigo Vespucci
3.
Trade union
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The trade union, through its leadership, bargains with the employer on behalf of union members and negotiates labour contracts with employers. The most common purpose of these associations or unions is maintaining or improving the conditions of their employment and this may include the negotiation of wages, work rules, complaint procedures, rules governing hiring, firing and promotion of workers, benefits, workplace safety and policies. Unions may organize a section of skilled workers, a cross-section of workers from various trades. The agreements negotiated by a union are binding on the rank and file members, originating in Great Britain, trade unions became popular in many countries during the Industrial Revolution. Trade unions may be composed of workers, professionals, past workers, students. Trade union density, or the percentage of workers belonging to a union, is highest in the Nordic countries. The trade unions aim at nothing less than to prevent the reduction of wages below the level that is maintained in the various branches of industry. That is to say, they wish to prevent the price of labour-power from falling below its value, yet historian R. A. the other the aggressive-expansionist drive to unite all labouring men and women for a different order of things. The 18th century economist Adam Smith noted the imbalance in the rights of workers in regards to owners. In The Wealth of Nations, Book I, chapter 8, Smith wrote, We rarely hear, it has said, of the combination of masters. But whoever imagines, upon this account, that masters rarely combine, is as ignorant of the world as of the subject. Masters are always and everywhere in a sort of tacit, but constant and uniform combination, not to raise the wages of labor above their actual rate When workers combine, masters. As Smith noted, unions were illegal for many years in most countries, there were severe penalties for attempting to organize unions, up to and including execution. This pool of unskilled and semi-skilled labour spontaneously organized in fits and starts throughout its beginnings, Trade unions and collective bargaining were outlawed from no later than the middle of the 14th century when the Ordinance of Labourers was enacted in the Kingdom of England. In 1799, the Combination Act was passed, which banned trade unions, although the unions were subject to often severe repression until 1824, they were already widespread in cities such as London. Sympathy for the plight of the workers brought repeal of the acts in 1824, by the 1810s, the first labour organizations to bring together workers of divergent occupations were formed. Possibly the first such union was the General Union of Trades, also known as the Philanthropic Society, the latter name was to hide the organizations real purpose in a time when trade unions were still illegal. The Association quickly enrolled approximately 150 unions, consisting mostly of textile related unions, but also including mechanics, blacksmiths, and various others
4.
Richard Nixon
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Richard Milhous Nixon was an American politician who served as the 37th President of the United States from 1969 until 1974, when he became the only U. S. president to resign from office. He had previously served as a U. S, Representative and Senator from California and as the 36th Vice President of the United States from 1953 to 1961 under the presidency of Dwight D. Eisenhower. Nixon was born in Yorba Linda, California, after completing his undergraduate studies at Whittier College, he graduated from Duke University School of Law in 1937 and returned to California to practice law. He and his wife Pat moved to Washington in 1942 to work for the federal government and he subsequently served on active duty in the U. S. Navy Reserve during World War II. Nixon was elected to the House of Representatives in 1946 and to the Senate in 1950 and his pursuit of the Hiss Case established his reputation as a leading anti-communist, and elevated him to national prominence. He was the mate of Dwight D. Eisenhower, the Republican Party presidential nominee in the 1952 election. Nixon served for eight years as vice president and he waged an unsuccessful presidential campaign in 1960, narrowly losing to John F. Kennedy, and lost a race for Governor of California to Pat Brown in 1962. In 1968, he ran for the presidency again and was elected by defeating incumbent Vice President Hubert Humphrey, Nixon ended American involvement in the war in Vietnam in 1973 and brought the American POWs home, and ended the military draft. His administration generally transferred power from Washington D. C. to the states and he imposed wage and price controls for a period of ninety days, enforced desegregation of Southern schools and established the Environmental Protection Agency. Nixon also presided over the Apollo 11 moon landing, which signaled the end of the moon race and he was reelected in one of the largest electoral landslides in U. S. history in 1972, when he defeated George McGovern. The year 1973 saw an Arab oil embargo, gasoline rationing, the scandal escalated, costing Nixon much of his political support, and on August 9,1974, he resigned in the face of almost certain impeachment and removal from office. After his resignation, he was issued a pardon by his successor, in retirement, Nixons work writing several books and undertaking of many foreign trips helped to rehabilitate his image. He suffered a stroke on April 18,1994. Richard Milhous Nixon was born on January 9,1913 in Yorba Linda, California and his parents were Hannah Nixon and Francis A. Nixon. His mother was a Quaker and his father converted from Methodism to the Quaker faith, Nixons upbringing was marked by evangelical Quaker observances of the time, such as refraining from alcohol, dancing, and swearing. Nixon had four brothers, Harold, Donald, Arthur, four of the five Nixon boys were named after kings who had ruled in historical or legendary England, Richard, for example, was named after Richard the Lionheart. Nixons early life was marked by hardship, and he quoted a saying of Eisenhower to describe his boyhood, We were poor. The Nixon family ranch failed in 1922, and the moved to Whittier
5.
Strike action
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Strike action, also called labor strike, labour strike, or simply strike, is a work stoppage caused by the mass refusal of employees to work. A strike usually takes place in response to employee grievances, Strikes became common during the Industrial Revolution, when mass labor became important in factories and mines. In most countries, strike actions were made illegal, as factory owners had far more power than workers. Most Western countries partially legalized striking in the late 19th or early 20th centuries, Strikes are sometimes used to pressure governments to change policies. Notable examples are the 1980 Gdańsk Shipyard or 1981 Warning Strike, official publications have typically used the more neutral words work stoppage or industrial dispute. The first historically certain account of action was towards the end of the 20th dynasty. The artisans of the Royal Necropolis at Deir el-Medina walked off their jobs because they had not been paid, the Egyptian authorities raised the wages. An early predecessor of the strike may have been the secessio plebis in ancient Rome. In the Outline Of History, H. G. Wells characterized this event as the strike of the plebeians, the plebeians seem to have invented the strike. The strike action became a feature of the political landscape with the onset of the Industrial Revolution. For the first time in history, large numbers of people were members of the working class, they lived in cities. By the 1830s, when the Chartist movement was at its peak, in 1842 the demands for fairer wages and conditions across many different industries finally exploded into the first modern general strike. Instead of being a spontaneous uprising of the masses, the strike was politically motivated and was driven by an agenda to win concessions. Probably as much as half of the industrial work force were on strike at its peak – over 500,000 men. The local leadership marshalled a growing working class tradition to organize their followers to mount an articulate challenge to the capitalist. Friedrich Engels, an observer in London at the time, wrote, by its numbers, this class has become the most powerful in England, the English proletarian is only just becoming aware of his power, and the fruits of this awareness were the disturbances of last summer. Karl Marx has condemned the theory of Proudhon criminalizing strike action in his work The Poverty of Philosophy, in 1937 there were 4,740 strikes in the United States. This was the greatest strike wave in American labor history, the number of major strikes and lockouts in the U. S. fell by 97% from 381 in 1970 to 187 in 1980 to only 11 in 2010
6.
National Guard of the United States
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All members of the National Guard of the United States are also members of the militia of the United States as defined by 10 U. S. C. National Guard units are under the control of the state. The majority of National Guard soldiers and airmen hold a civilian job full-time while serving part-time as a National Guard member, local militias were formed from the earliest English colonization of the Americas in 1607. The first colony-wide militia was formed by Massachusetts in 1636 by merging small older local units, the various colonial militias became state militias when the United States became independent. The title National Guard was used from 1824 by some New York State militia units, National Guard became a standard nationwide militia title in 1903, and specifically indicated reserve forces under mixed state and federal control from 1933. The first muster of militia forces in what is today the United States took place on September 16,1565, appropriately enough, this muster occurred in the shadow of an oncoming hurricane. This Spanish militia tradition and the English tradition that would be established to the north would provide the nucleus for Colonial defense in the New World. The militia tradition continued with the first permanent English settlements in the New World, Jamestown Colony and Plymouth Colony both had militia forces, which initially consisted of every able bodied adult male. By the mid-1600s every town had at least one militia company, as a result of the Spanish–American War, Congress was called upon to reform and regulate the training and qualification of state militias. The first national laws regulating the militia were the Militia acts of 1792, in 1903, with passage of the Dick Act, the predecessor to the modern-day National Guard was formed. It required the states to divide their militias into two sections, the law recommended the title National Guard for the first section, known as the organized militia, and Reserve Militia for all others. During World War I, Congress passed the National Defense Act of 1916, Congress also authorized the states to maintain Home Guards, which were reserve forces outside the National Guards being deployed by the Federal Government. The National Guard of the states, territories, and the District of Columbia serves as part of the first-line of defense for the United States. C. Where the National Guard operates under the President of the United States or his designee, the governors exercise control through the state adjutants general. The National Guard may be called up for duty by the governors to help respond to domestic emergencies and disasters, such as hurricanes, floods. The National Guard is administered by the National Guard Bureau, which is a joint activity of the Army, the National Guard Bureau provides a communication channel for state National Guards to the DoD. S. C. The National Guard Bureau is headed by the Chief of the National Guard Bureau, prior to 2008, the functions of Agricultural Development Teams were within Provincial Reconstruction Teams of the US Government. Today, ADTs consist of soldiers and airmen from the Army National Guard, today, ADTs bring an effective platform for enhanced dialogue, building confidence, sharing interests, and increasing cooperation amongst the disparate peoples and tribes of Afghanistan
7.
United States Postal Service
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The United States Postal Service, is an independent agency of the United States federal government responsible for providing postal service in the United States. It is one of the few government agencies explicitly authorized by the United States Constitution, Mail traces its roots to 1775 during the Second Continental Congress, where Benjamin Franklin was appointed the first postmaster general. The USPS as of February 2015 has 617,254 active employees, the USPS is the operator of the largest civilian vehicle fleet in the world. The USPS is legally obligated to serve all Americans, regardless of geography, at uniform price, the USPS has exclusive access to letter boxes marked U. S. The USPS lost $5.5 billion in fiscal year 2014 and $5.1 billion in 2015, in the early years of the North American colonies, many attempts were made to initiate a postal service. These early attempts were of small scale and usually involved a colony, Massachusetts Bay Colony for example, for example, informal independently-run postal routes operated in Boston as early as 1639, with a Boston to New York City service starting in 1672. A central postal organization came to the colonies in 1691, when Thomas Neale received a 21-year grant from the British Crown for a North American Postal Service, the patent included the exclusive right to establish and collect a formal postal tax on official documents of all kinds. The tax was repealed a year later, Neale appointed Andrew Hamilton, Governor of New Jersey, as his deputy postmaster. The first postal service in America commenced in February 1692, rates of postage were fixed and authorized, and measures were taken to establish a post office in each town in Virginia. Massachusetts and the other colonies soon passed laws, and a very imperfect post office system was established. Neales patent expired in 1710, when Parliament extended the English postal system to the colonies, the chief office was established in New York City, where letters were conveyed by regular packets across the Atlantic. Before the Revolution, there was only a trickle of business or governmental correspondence between the colonies, most of the mail went back and forth to counting houses and government offices in London. The Revolution made Philadelphia, the seat of the Continental Congress, News, new laws, political intelligence, and military orders circulated with a new urgency, and a postal system was necessary. Journalists took the lead, securing post office legislation that allowed them to reach their subscribers at very low cost, overthrowing the London-oriented imperial postal service in 1774-1775, printers enlisted merchants and the new political leadership, and created a new postal system. The United States Post Office was created on July 26,1775, the official post office was created in 1792 as the Post Office Department. It was based on the Constitutional authority empowering Congress To establish post offices, the 1792 law provided for a greatly expanded postal network, and served editors by charging newspapers an extremely low rate. The law guaranteed the sanctity of personal correspondence, and provided the country with low-cost access to information on public affairs. Rufus Easton was appointed by Thomas Jefferson first postmaster of St. Louis under the recommendation of Postmaster General Gideon Granger, Rufus Easton was the first postmaster and built the first post office west of the Mississippi
8.
Black people
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As such, the meaning of the expression varies widely both between and within societies, and depends significantly on context. For many other individuals, communities and countries, black is also perceived as a derogatory, outdated, reductive or otherwise unrepresentative label, different societies apply differing criteria regarding who is classified as black, and these social constructs have also changed over time. In a number of countries, societal variables affect classification as much as skin color, in the United Kingdom, black was historically equivalent with person of color, a general term for non-European peoples. In South Africa and Latin America, mixed-race people are not classified as black. In other regions such as Australasia, settlers applied the term black or it was used by local populations with different histories and ancestral backgrounds. The Romans interacted with and later conquered parts of Mauretania, a state that covered modern Morocco, western Algeria. The people of the region were noted in Classical literature as Mauri, numerous communities of dark-skinned peoples are present in North Africa, some dating from prehistoric communities. In the 18th century, the Moroccan Sultan Moulay Ismail the Bloodthirsty raised a corps of 150,000 black slaves, called his Black Guard and he claims that black-looking Arabs, much like black-looking Latin Americans, consider themselves white because they have some distant white ancestry. Egyptian President Anwar Sadat had a mother who was a dark-skinned Nubian Sudanese woman, in response to an advertisement for an acting position, as a young man he said, I am not white but I am not exactly black either. My blackness is tending to reddish, due to the patriarchal nature of Arab society, Arab men, including during the slave trade in North Africa, enslaved more black women than men. They used more black female slaves in domestic service and agriculture than males, the men interpreted the Quran to permit sexual relations between a male master and his female slave outside of marriage, leading to many mixed-race children. When an enslaved woman became pregnant with her Arab masters child, she was considered as umm walad or mother of a child, the child was given rights of inheritance to the fathers property, so mixed-race children could share in any wealth of the father. Because the society was patrilineal, the children took their fathers social status at birth and were born free, some succeeded their fathers as rulers, such as Sultan Ahmad al-Mansur, who ruled Morocco from 1578 to 1608. He was not technically considered as a child of a slave, his mother was Fulani. Such tolerance for black persons, even when technically free, was not so common in Morocco, the long association of sub-Saharan peoples as slaves is shown in the term abd, it is still frequently used in the Arabic-speaking world as a term for black people. In early 1991, non-Arabs of the Zaghawa tribe of Sudan attested that they were victims of an intensifying Arab apartheid campaign, Sudanese Arabs, who controlled the government, were widely referred to as practicing apartheid against Sudans non-Arab citizens. The government was accused of deftly manipulat Arab solidarity to carry out policies of apartheid, American University economist George Ayittey accused the Arab government of Sudan of practicing acts of racism against black citizens. The Arabs monopolized power and excluded blacks – Arab apartheid, many African commentators joined Ayittey in accusing Sudan of practising Arab apartheid
9.
Nonviolent resistance
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This type of action highlights the desires of an individual or group that feels that something needs to change to improve the current condition of the resisting person or group. It is largely but wrongly taken as synonymous with civil resistance, each of these terms has its distinct merits and also quite different connotations and commitments. The modern form of non-violent resistance was popularised and proven to be effective by the Indian leader Mahatma Gandhi in his efforts to gain independence from the British Empire, there are hundreds of books and papers on the subject — see Further reading below. From 1966 to 1999, nonviolent civic resistance played a role in 50 of 67 transitions from authoritarianism. Recently, nonviolent resistance has led to the Rose Revolution in Georgia, current nonviolent resistance includes the Jeans Revolution in Belarus, the Jasmine Revolution in Tunisia, and the fight of the Cuban dissidents. Many movements which promote philosophies of nonviolence or pacifism have pragmatically adopted the methods of nonviolent action as a way to achieve social or political goals. Nonviolent action differs from pacifism by potentially being proactive and interventionist, clayborne Carson, In Struggle, SNCC and the Black Awakening of the 1960s. Cambridge, MA, Harvard University Press,1981, mineola, NY, Dover Publications,2001, orig. Gene Sharp, Making Europe Unconquerable, The Potential of Civilian-Based Deterrence and Defence, united Kingdom, Taylor & Francis,1985. ISBN 978-0-85066-336-5/ Gene Sharp, The Politics of Nonviolent Action, Michael Bröning, The Politics of Change in Palestine. London, Pluto Press,2011, Part 5, judith Hand, A Future Without War, The Strategy of a Warfare Transition. San Diego, CA, Questpath Publishing,2006, Michael King, The Penguin History of New Zealand. London, Penguin Books,2003, pp 219–20,222, 247–8, mark Kurlansky, Nonviolence, The History of a Dangerous Idea. New York, Modern Library / Random House,2006, david McReynolds, A Philosophy of Nonviolence. Adam Roberts and Timothy Garton Ash, eds, civil Resistance and Power Politics, The Experience of Non-violent Action from Gandhi to the Present. Oxford, England, Oxford University Press,2009, adam Roberts, Michael J. Willis, Rory McCarthy and Timothy Garton Ash, eds. Civil Resistance in the Arab Spring, Triumphs and Disasters, Oxford, England, Oxford University Press,2016. Jonathan Schell, The Unconquerable World, Power, Nonviolence, New York, Metropolitan Books / Henry Holt and Company,2003
10.
Stock market
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Examples of the latter include shares of private companies which are sold to investors through equity crowdfunding platforms. Stock exchanges list shares of equity as well as other security types, e. g. corporate bonds. Stocks can be categorised in various way, one way is by the country where the company is domiciled. S. At the close of 2012, the size of the stock market was about US$55 trillion. By country, the largest market was the United States, followed by Japan, as of 2015, there are a total of 60 stock exchanges in the world with a total market capitalization of $69 trillion. Of these, there are 16 exchanges with a capitalization of $1 trillion or more. Apart from the Australian Securities Exchange, these 16 exchanges are based in one of three continents, North America, Europe and Asia, a stock exchange is a place where, or an organization through which, individuals and organisations can trade stocks. Many large companies have their stock listed on a stock exchange and this makes the stock more liquid and thus more attractive to many investors. It may also act as a guarantor of settlement, other stocks may be traded over the counter, that is, through a dealer. Some large companies will have their stock listed on more than one exchange in different countries, Stock exchanges may also cover other types of securities, such as fixed interest securities or derivatives, which are more likely to be traded OTC. Trade in stock markets means the transfer for money of a stock or security from a seller to a buyer and this requires these two parties to agree on a price. Equities confer an ownership interest in a particular company and their buy or sell orders may be executed on their behalf by a stock exchange trader. Some exchanges are physical locations where transactions are carried out on a trading floor and this method is used in some stock exchanges and commodity exchanges, and involves traders shouting bid and offer prices. The other type of exchange has a network of computers where trades are made electronically. An example of such an exchange is the NASDAQ, a potential buyer bids a specific price for a stock, and a potential seller asks a specific price for the same stock. Buying or selling at the means you will accept any ask price or bid price for the stock. When the bid and ask prices match, a sale takes place, on a first-come, the purpose of a stock exchange is to facilitate the exchange of securities between buyers and sellers, thus providing a marketplace. The exchanges provide real-time trading information on the securities, facilitating price discovery
11.
YouTube
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YouTube is an American video-sharing website headquartered in San Bruno, California. The service was created by three former PayPal employees—Chad Hurley, Steve Chen, and Jawed Karim—in February 2005, Google bought the site in November 2006 for US$1.65 billion, YouTube now operates as one of Googles subsidiaries. Unregistered users can watch videos on the site, while registered users are permitted to upload an unlimited number of videos. Videos deemed potentially offensive are available only to registered users affirming themselves to be at least 18 years old, YouTube earns advertising revenue from Google AdSense, a program which targets ads according to site content and audience. YouTube was founded by Chad Hurley, Steve Chen, and Jawed Karim, Hurley had studied design at Indiana University of Pennsylvania, and Chen and Karim studied computer science together at the University of Illinois at Urbana-Champaign. Karim could not easily find video clips of either event online, Hurley and Chen said that the original idea for YouTube was a video version of an online dating service, and had been influenced by the website Hot or Not. YouTube began as a venture capital-funded technology startup, primarily from an $11.5 million investment by Sequoia Capital between November 2005 and April 2006, YouTubes early headquarters were situated above a pizzeria and Japanese restaurant in San Mateo, California. The domain name www. youtube. com was activated on February 14,2005, the first YouTube video, titled Me at the zoo, shows co-founder Jawed Karim at the San Diego Zoo. The video was uploaded on April 23,2005, and can still be viewed on the site, YouTube offered the public a beta test of the site in May 2005. The first video to reach one million views was a Nike advertisement featuring Ronaldinho in November 2005. Following a $3.5 million investment from Sequoia Capital in November, the site grew rapidly, and in July 2006 the company announced that more than 65,000 new videos were being uploaded every day, and that the site was receiving 100 million video views per day. The site has 800 million unique users a month and it is estimated that in 2007 YouTube consumed as much bandwidth as the entire Internet in 2000. The choice of the name www. youtube. com led to problems for a similarly named website, the sites owner, Universal Tube & Rollform Equipment, filed a lawsuit against YouTube in November 2006 after being regularly overloaded by people looking for YouTube. Universal Tube has since changed the name of its website to www. utubeonline. com, in October 2006, Google Inc. announced that it had acquired YouTube for $1.65 billion in Google stock, and the deal was finalized on November 13,2006. In March 2010, YouTube began free streaming of certain content, according to YouTube, this was the first worldwide free online broadcast of a major sporting event. On March 31,2010, the YouTube website launched a new design, with the aim of simplifying the interface, Google product manager Shiva Rajaraman commented, We really felt like we needed to step back and remove the clutter. In May 2010, YouTube videos were watched more than two times per day. This increased to three billion in May 2011, and four billion in January 2012, in February 2017, one billion hours of YouTube was watched every day
