How are you, @e3e77916db? 🪐 What’s happening in tech today, June 6, 2024? The HackerNoon Newsletter brings the HackerNoon homepage straight to your inbox. On this day, The First Drive-In Theater Was Opened in 1933, Ochirbat Wins First Presidential Election in Mongolia in 1993, The Soyuz 11 Was Launched in 1971, The Chicago Elevated Rail System Began Operation in 1892, The Original Chrysler Corporation Was Founded in 1925, and we present you with these top quality stories. From Tech Founder Interview on Scalable Secrets Management for Developers and Scaling Yearly Revenue 2-4X to Crypto Networks Can Overcome Obstacles Open-Source Projects Face, Drips Founder Says, let’s dive right in. |
By @terezabizkova [ 7 Min read ] Absolutely! I was born and raised in Athens, Greece. While studying applied mathematics, I became interested in technology and moved to Berlin in 2011 to join SoundCloud, a music company, as one of its early employees... Read More |
By @vallelungabrian [ 4 Min read ] Scalable secrets management for developers. We provide a top-tier, developer-centric secrets management solution tailored for medium to large-scale companies. Our platform equips engineering teams with robust tools to store, manage, and orchestrate access to their secrets across various projects, teams, and environments, enhancing both security and operational efficiency... Read More |
The first drive-in theater, called "Drive-In Theater" was opened on June 6, 1933 in Camden, New Jersey. The theater was created by Richard M. Hollingshead, Jr., who came up with the concept as a way to combine his two passions: movies and cars. The theater's first screening was the film "Wives Beware," and the admission price was 25 cents per car and 25 cents per person. The idea quickly caught on and drive-in theaters became a popular entertainment option across the United States in the 1940s and 1950s. While their popularity declined in the following decades, some drive-in theaters still exist today, although they are much less common than traditional movie theaters. | |
The presidential election was conducted in a relatively open and transparent manner, with multiple candidates and a high level of voter turnout. Ochirbat won a narrow victory, receiving 58.3% of the vote, and he was inaugurated as Mongolia's first democratically elected president on June 10, 1993. During his presidency, Ochirbat continued to promote economic and political reforms, including the privatization of state-owned enterprises and the development of a multi-party political system. He also worked to improve Mongolia's relations with other countries, particularly China and Russia, and he played a key role in the country's accession to the United Nations in 1992. Today, Mongolia is a vibrant democracy with a growing economy and a diverse political landscape. The country has continued to make progress in its transition to a market-oriented economy and has expanded its international engagement, particularly in the fields of mining and resource development. | |
Soyuz 11 was the second manned mission to the world's first space station, Salyut 1, and was launched on June 6, 1971 from Baikonur Cosmodrome in Kazakhstan. The mission was crewed by three cosmonauts, Georgy Dobrovolsky, Vladislav Volkov, and Viktor Patsayev. After a successful 23-day stay on Salyut 1, the crew of Soyuz 11 prepared to return to Earth. On June 29, 1971, the Soyuz 11 descent module re-entered the Earth's atmosphere and began the descent towards the ground. However, during the descent, a valve on the spacecraft's instrument module failed to close properly, causing a catastrophic loss of cabin pressure. The crew, who were not wearing spacesuits, were killed by asphyxiation within seconds of the decompression. The capsule's automatic landing system successfully brought the spacecraft to a safe landing in Kazakhstan, where recovery teams discovered the dead cosmonauts. The Soyuz 11 disaster was a tragic event in the history of human spaceflight, and it led to improvements in spacecraft safety, including the development of emergency procedures and the introduction of spacesuits worn during re-entry. | |
The Chicago Elevated Rail System, also known as the "L," began operation on June 6, 1892, and is one of the oldest rapid transit systems in the United States. The first section of the system was a 3.6-mile-long stretch of track that ran between Congress Street and 39th Street on the South Side of the city. The Elevated Rail System was a significant engineering achievement at the time, as it allowed trains to travel above ground, which helped to alleviate traffic congestion in the city's streets. The trains were powered by electricity, which was a relatively new technology at the time, and the system's elevated structure allowed for uninterrupted travel through the city. The system was an instant success, and ridership grew rapidly as more sections of track were added over the years. Today, the Chicago "L" system includes eight lines that cover 102 miles of track and serve 145 stations throughout the city and its suburbs. The Chicago Elevated Rail System has played an important role in the development of the city, providing a fast, reliable, and affordable mode of transportation for millions of people over the years. | |
The original Chrysler Corporation was founded by Walter Chrysler in 1925, and it was created by merging the Maxwell Motor Company with the Chalmers Motor Company. Walter Chrysler was a prominent figure in the early automotive industry, having previously served as the president of the Buick Motor Company and the chairman of the board of the Willys-Overland Motor Company. When he took over the Maxwell Motor Company in 1920, it was struggling financially and in need of a major overhaul. Chrysler set about reorganizing the company and developing a new line of cars that would be more competitive in the market. He also made significant investments in research and development, which allowed the company to introduce a number of groundbreaking features, such as hydraulic brakes and high-compression engines. By 1925, Chrysler's efforts had paid off, and the company was in a much stronger position. He decided to merge Maxwell with the Chalmers Motor Company, which had been acquired by Maxwell earlier, and create the Chrysler Corporation. The new company quickly became one of the largest automobile manufacturers in the world, and it continued to introduce innovative new models throughout the 20th century. | |
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After the collapse of SVB and then Signature Bank, now Credit Suisse is also feeling the effects of the broader economic issues. While some of SVB and Signatures' issues stemmed from their crypto business, Credit Suisse is just feeling the impact of macroeconomic issues. How will the troubles in the banking sector impact crypto? 43% Crypto is dead 36% This is exactly why crypto was made 5% Banks need to cut out crypto altogether 13% Banks and crypto companies need to cooperate |
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