Topic: Companies

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πŸ”— List of oldest companies: Before 1300

πŸ”— Companies πŸ”— Lists

This list of the oldest companies in the world includes brands and companies, excluding associations and educational, government, or religious organizations. To be listed, a brand or company name must remain operating, either in whole or in part, since inception. Note however that such claims are often open to question and should be researched further before citing them.

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πŸ”— Renaissance Technologies

πŸ”— Companies πŸ”— Finance & Investment

Renaissance Technologies LLC is an American hedge fund firm based in East Setauket, New York, on Long Island, which specializes in systematic trading using quantitative models derived from mathematical and statistical analyses. The firm is regarded as one of the "most secretive and successful" hedge funds in the world. Their signature Medallion fund is famed for the best record in investing history. Renaissance was founded in 1982 by James Simons, an award-winning mathematician and former Cold War code breaker.

In 1988, the firm established its most profitable portfolio, the Medallion Fund, which used an improved and expanded form of Leonard Baum's mathematical models, improved by algebraist James Ax, to explore correlations from which they could profit. Jim Berlekamp was instrumental in evolving trading to shorter-dated, pure systems driven decision-making. The hedge fund was named Medallion in honor of the math awards that Simons and Ax had won.

Renaissance's flagship Medallion fund, which is run mostly for fund employees, is famed for the best track record on Wall Street, returning more than 66 percent annualized before fees and 39 percent after fees over a 30-year span from 1988 to 2018. Renaissance offers two portfolios to outside investorsβ€”Renaissance Institutional Equities Fund (RIEF) and Renaissance Institutional Diversified Alpha (RIDA).

Simons ran Renaissance until his retirement in late 2009. The company is now run by Peter Brown (after Robert Mercer resigned). Both of them were computer scientists specializing in computational linguistics who joined Renaissance in 1993 from IBM Research. Simons continues to play a role at the firm as non-executive chairman and remains invested in its funds, particularly the secretive and consistently profitable black-box strategy known as Medallion. Because of the success of Renaissance in general and Medallion in particular, Simons has been described as the best money manager on earth.

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πŸ”— Google was founded 25 years ago Today

πŸ”— California πŸ”— Companies πŸ”— Technology πŸ”— California/San Francisco Bay Area πŸ”— Internet πŸ”— History πŸ”— Computing πŸ”— Internet culture πŸ”— Websites πŸ”— Websites/Computing πŸ”— Stanford University πŸ”— Google

Google was officially launched in 1998 by Larry Page and Sergey Brin to market Google Search, which has become the most used web-based search engine. Larry Page and Sergey Brin, students at Stanford University in California, developed a search algorithm at first known as "BackRub" in 1996, with the help of Scott Hassan and Alan Steremberg. The search engine soon proved successful and the expanding company moved several times, finally settling at Mountain View in 2003. This marked a phase of rapid growth, with the company making its initial public offering in 2004 and quickly becoming one of the world's largest media companies. The company launched Google News in 2002, Gmail in 2004, Google Maps in 2005, Google Chrome in 2008, and the social network known as Google+ in 2011 (which was shut down in April 2019), in addition to many other products. In 2015, Google became the main subsidiary of the holding company Alphabet Inc.

The search engine went through many updates in attempts to eradicate search engine optimization.

Google has engaged in partnerships with NASA, AOL, Sun Microsystems, News Corporation, Sky UK, and others. The company set up a charitable offshoot, Google.org, in 2005.

The name Google is a misspelling of Googol, the number 1 followed by 100 zeros, which was picked to signify that the search engine was intended to provide large quantities of information.

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πŸ”— Nordstrom's 75-word employee handbook

πŸ”— United States πŸ”— Companies πŸ”— United States/Washington - Seattle πŸ”— United States/Washington πŸ”— Fashion

Nordstrom, Inc. () is an American luxury department store chain founded in 1901 by John W. Nordstrom and Carl F. Wallin. It originated as a shoe store, and evolved into a full-line retailer with departments for clothing, footwear, handbags, jewelry, accessories, cosmetics, and fragrances. Some stores feature home furnishings and wedding departments, and several have in-house cafes, restaurants, and espresso bars.

As of 2020, Nordstrom operates 117 stores in 40 U.S. states, three Canadian provinces, and Puerto Rico. The corporate headquarters and flagship store are located in the former Frederick & Nelson building in Seattle, Washington; a second flagship store is located near Columbus Circle in New York City. Its subsidiaries include the off-price department store chain Nordstrom Rack and the members-only online store HauteLook.

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πŸ”— Apple owns the world's largest hedge fund

πŸ”— Companies πŸ”— Apple Inc. πŸ”— Business πŸ”— Nevada

Braeburn Capital Inc. is an asset management company based in Reno, Nevada and a subsidiary of Apple Inc. Its offices are located at 6900 S. McCarran Boulevard in Reno.

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πŸ”— Nebraska Furniture Mart

πŸ”— United States πŸ”— Companies πŸ”— Retailing πŸ”— Home Living πŸ”— United States/Nebraska - Omaha

Nebraska Furniture Mart is the largest home furnishing store in North America selling furniture, flooring, appliances and electronics. NFM was founded in 1937 by Belarus-born Rose Blumkin, universally known as Mrs. B., in Omaha, Nebraska, United States. Under the motto "sell cheap and tell the truth," she worked in the business until age 103. In 1983, Mrs. B. sold a majority interest to Berkshire Hathaway in a handshake deal with Warren Buffett.

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πŸ”— Eazel, ex-Apple led Linux startup

πŸ”— Companies πŸ”— Technology πŸ”— Apple Inc. πŸ”— Computing πŸ”— Computing/Software πŸ”— Computing/Free and open-source software πŸ”— Linux

Eazel was an American software company operating from 1999 to 2001 in Palo Alto and then Mountain View, California. The company's flagship product is the Nautilus file manager for the GNOME desktop environment on Linux, which was immediately adopted and maintained by the free software movement. As the core of Eazel's business model, it is an early example of cloud storage services in the form of personal file storage, transparently and portably stored on the Internet. Renamed to Files, this application continues to be a centerpiece of some free Linux-based desktop environments.

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πŸ”— Webvan

πŸ”— California πŸ”— Companies πŸ”— California/San Francisco Bay Area πŸ”— Internet πŸ”— Food and drink

Webvan was a dot-com company and grocery business that filed for bankruptcy in 2001 after 3 years of operation. It was headquartered in Foster City, California, United States. It delivered products to customers' homes within a 30-minute window of their choosing. At its peak, it offered service in ten US markets: the San Francisco Bay Area; Dallas; Sacramento; San Diego; Los Angeles; Orange County, California; Chicago; Seattle; Portland, Oregon; and Atlanta, Georgia. The company had hoped to expand to 26 cities by 2001.

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πŸ”— Nine-nine-six (996) Working Hour System

πŸ”— Companies πŸ”— China πŸ”— Organized Labour

The 996 working hour system (Chinese: 996ε·₯作刢) is a work schedule commonly practiced by some companies in the People's Republic of China. It derives its name from its requirement that employees work from 9:00 am to 9:00 pm, 6 days per week; i.e. 72 hours per week. A number of Chinese internet companies have adopted this system as their official work schedule. Critics argue that the 996 working hour system is a flagrant violation of Chinese law.

In March 2019 an "anti-996" protest was launched via GitHub.

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πŸ”— Crypto AG

πŸ”— United States πŸ”— Mass surveillance πŸ”— Espionage πŸ”— Companies πŸ”— Military history πŸ”— Military history/North American military history πŸ”— Military history/United States military history πŸ”— Military history/Military science, technology, and theory πŸ”— Military history/Intelligence πŸ”— Cryptography πŸ”— Cryptography/Computer science πŸ”— Switzerland πŸ”— Military history/Cold War πŸ”— Sweden

Crypto AG was a Swiss company specialising in communications and information security. It was secretly jointly owned by the American Central Intelligence Agency (CIA) and West German Federal Intelligence Service (BND) from 1970 until about 1993, with the CIA continuing as sole owner until about 2018. With headquarters in Steinhausen, the company was a long-established manufacturer of encryption machines and a wide variety of cipher devices.

The company had about 230 employees, had offices in Abidjan, Abu Dhabi, Buenos Aires, Kuala Lumpur, Muscat, Selsdon and Steinhausen, and did business throughout the world. The owners of Crypto AG were unknown, supposedly even to the managers of the firm, and they held their ownership through bearer shares.

The company has been criticised for selling backdoored products to benefit the American, British and German national signals intelligence agencies, the National Security Agency (NSA), the Government Communications Headquarters (GCHQ), and the BND, respectively. On 11 February 2020, The Washington Post, ZDF and SRF revealed that Crypto AG was secretly owned by the CIA in a highly classified partnership with West German intelligence, and the spy agencies could easily break the codes used to send encrypted messages. The operation was known first by the code name "Thesaurus" and later "Rubicon".

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