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Wiki Wiki Summary
Chief risk officer The chief risk officer (CRO) or chief risk management officer (CRMO) or chief risk and compliance officer (CRCO) of a firm or corporation is the executive accountable for enabling the efficient and effective governance of significant risks, and related opportunities, to a business and its various segments. Risks are commonly categorized as strategic, reputational, operational, financial, or compliance-related.
Existential risk from artificial general intelligence Existential risk from artificial general intelligence is the hypothesis that substantial progress in artificial general intelligence (AGI) could result in human extinction or some other unrecoverable global catastrophe. It is argued that the human species currently dominates other species because the human brain has some distinctive capabilities that other animals lack.
Federal takeover of Fannie Mae and Freddie Mac In September 2008 the Federal Housing Finance Agency (FHFA) announced that it would take over the Federal National Mortgage Association (Fannie Mae) and the Federal Home Loan Mortgage Corporation (Freddie Mac). Both government-sponsored enterprises, which finance home mortgages in the United States by issuing bonds, had become illiquid as the market for those bonds collapsed in the subprime mortgage crisis.
Volume-weighted average price In finance, volume-weighted average price (VWAP) is the ratio of the value of a security or financial asset traded to the total volume of transactions during a trading session. It is a measure of the average trading price for the period.Typically, the indicator is computed for a period of one day, but it can be measured between any two points in time.
Difficult to Cure Difficult to Cure is the fifth studio album by the British hard rock band Rainbow, released in 1981. The album marked the further commercialization of the band's sound, with Ritchie Blackmore once describing at the time his appreciation of the band Foreigner.
The Difficult Couple The Difficult Couple (Chinese: 难夫难妻; pinyin: Nànfū Nànqī), also translated as Die for Marriage, is a 1913 Chinese film. It is known for being the earliest Chinese feature film.
Xbox system software The Xbox system software is the operating system developed exclusively for the Xbox consoles. Across the four generations of Xbox consoles, the software has been based on a version of Microsoft Windows and incorporating DirectX features optimized for the gaming console.
Video game monetization Video game monetization is a type of process that a video game publisher can use to generate revenue from a video game product. The methods of monetization may vary between games, especially when they come from different genres or platforms, but they all serve the same purpose to return money to the game developers, copyright owners, and other stakeholders.
Software product management Software product management (sometimes also referred to as digital product management or, in the right context just product management) is the discipline of building, implementing and managing software or digital products, taking into account life-cycle considerations and an audience. It is the discipline and business process which governs a product from its inception to the market or customer delivery and service in order to maximize revenue.
Cross product In mathematics, the cross product or vector product (occasionally directed area product, to emphasize its geometric significance) is a binary operation on two vectors in a three-dimensional oriented Euclidean vector space (named here \n \n \n \n E\n \n \n {\displaystyle E}\n ), and is denoted by the symbol \n \n \n \n ×\n \n \n {\displaystyle \times }\n . Given two linearly independent vectors a and b, the cross product, a × b (read "a cross b"), is a vector that is perpendicular to both a and b, and thus normal to the plane containing them.
Psychological evaluation Psychological evaluation is a method to assess an individual's behavior, personality, cognitive abilities, and several other domains. A common reason for a psychological evaluation is to identify psychological factors that may be inhibiting a person's ability to think, behave, or regulate emotion functionally or constructively.
Ark Encounter Ark Encounter is a Christian young Earth creationist theme park that opened in Williamstown, Kentucky in 2016. The centerpiece of the park is a large representation of Noah's Ark, based on the Genesis flood narrative contained in the Bible.
Serious Sam: The First Encounter Serious Sam: The First Encounter is a first-person shooter video game developed by Croteam and originally published by Gathering of Developers, first released on Microsoft Windows on 21 March 2001. It had been in development since 1996 and had videos showing its early gameplay in 2000.
.300 AAC Blackout The .300 AAC Blackout (designated as the 300 BLK by the SAAMI and 300 AAC Blackout by the C.I.P.), also known as 7.62×35mm, is an intermediate cartridge developed in the United States by Advanced Armament Corporation (AAC) for use in the M4 carbine. The cartridge yields increased performance in shorter barrels and effective subsonic performance for suppressor use when compared to 5.56mm NATO. The 300 AAC Blackout utilizes standard 5.56mm NATO magazines and components with the exception of the barrel.
The Biggest Loser (season 8) The Biggest Loser: Second Chances is the eighth season of the NBC reality television series The Biggest Loser. The contestants competed to win a $250,000 prize, which was awarded to Danny Cahill, the contestant with the highest percentage of weight lost.
Nasdaq The National Association for Stock Car Auto Racing, LLC (NASCAR) is an American auto racing sanctioning and operating company that is best known for stock car racing. The privately owned company was founded by Bill France Sr.
Common stock dividend A common stock dividend is the dividend paid to common stock owners from the profits of the company. Like other dividends, the payout is in the form of either cash or stock.
Investment fund An investment fund is a way of investing money alongside other investors in order to benefit from the inherent advantages of working as part of a group such as reducing the risks of the investment by a significant percentage. These advantages include an ability to:\n\nhire professional investment managers, who may offer better returns and more adequate risk management;\nbenefit from economies of scale, i.e., lower transaction costs;\nincrease the asset diversification to reduce some unsystematic risk.It remains unclear whether professional active investment managers can reliably enhance risk adjusted returns by an amount that exceeds fees and expenses of investment management.
Programming tool A programming tool or software development tool is a computer program that software developers use to create, debug, maintain, or otherwise support other programs and applications. The term usually refers to relatively simple programs, that can be combined to accomplish a task, much as one might use multiple hands to fix a physical object.
Small Business Administration The U.S. Small Business Administration (SBA) is a United States government agency that provides support to entrepreneurs and small businesses. The mission of the Small Business Administration is "to maintain and strengthen the nation's economy by enabling the establishment and viability of small businesses and by assisting in the economic recovery of communities after disasters".
Development of the Commercial Crew Program Development of the Commercial Crew Program began in the second round of the Commercial Crew Development (CCDev) program, which was rescoped from a technology development program for human spaceflight to a competitive development program that would produce the spacecraft to be used in the Commercial Crew Program to provide crew transportation services to and from the International Space Station (ISS). To implement the program NASA awarded a series of competitive fixed-price contracts to private vendors starting in 2011.
TSMC Team SoloMid (TSM), officially TSM FTX, is a professional esports organization based in the United States. It was founded in September 2009 by Andy "Reginald" Dinh.
List of time periods The categorisation of the past into discrete, quantified named blocks of time is called periodization. This is a list of such named time periods as defined in various fields of study.
List of archaeological periods The names for archaeological periods in the list of archaeological periods vary enormously from region to region. This is a list of the main divisions by continent and region.
Predictability Predictability is the degree to which a correct prediction or forecast of a system's state can be made, either qualitatively or quantitatively.\n\n\n== Predictability and causality ==\nCausal determinism has a strong relationship with predictability.
Quarter marks Quarter marks are a type of ornamentation on a horse seen in certain types of exhibition or competition. Typically, these marks are found on the croup of the animal and are created by combing its hair in different directions, creating contrasting areas.
Multidistrict litigation In United States law, multidistrict litigation (MDL) refers to a special federal legal procedure designed to speed the process of handling complex cases, such as air disaster litigation or complex product liability suits.\n\n\n== Description ==\nMDL cases occur when "civil actions involving one or more common questions of fact are pending in different districts." In order to efficiently process cases that could involve hundreds (or thousands) of plaintiffs in dozens of different federal courts that all share common issues, the Judicial Panel on Multidistrict Litigation (JPML) decides whether cases should be consolidated under MDL, and if so, where the cases should be transferred.
Quinn Emanuel Urquhart & Sullivan Quinn Emanuel Urquhart & Sullivan, LLP is a global white shoe law firm headquartered in Los Angeles, California. The firm employs approximately 800 attorneys throughout 23 offices around the world.
Royalty payment A royalty payment is a payment made by one party to another that owns a particular asset, for the right to ongoing use of that asset. Royalties are typically agreed upon as a percentage of gross or net revenues derived from the use of an asset or a fixed price per unit sold of an item of such, but there are also other modes and metrics of compensation.
Contents insurance Contents insurance is insurance that pays for damage to, or loss of, an individual’s personal possessions while they are located within that individual’s home. Some contents insurance policies also provide restricted cover for personal possessions temporarily taken away from the home by the policyholder.
Financial statement analysis Financial statement analysis (or financial analysis) is the process of reviewing and analyzing a company's financial statements to make better economic decisions to earn income in future. These statements include the income statement, balance sheet, statement of cash flows, notes to accounts and a statement of changes in equity (if applicable).
Discounts and allowances Discounts and allowances are reductions to a basic price of goods or services.\nThey can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the package), the retail price (set by the retailer and often attached to the product with a sticker), or the list price (which is quoted to a potential buyer, usually in written form).
Incentive In general, incentives are anything that persuade a person to alter their behaviour. It is emphasised that incentives matter by the basic law of economists and the laws of behaviour, which state that higher incentives amount to greater levels of effort and therefore, higher levels of performance.
Executive compensation in the United States In the United States, the compensation of company executives is distinguished by the forms it takes and its dramatic rise over the past three decades. Within the last 30 years, executive compensation or pay has risen dramatically beyond what can be explained by changes in firm size, performance, and industry classification.
Sport management Sport management is the field of business dealing with sports and recreation. Sports management involves any combination of skills that correspond with planning, organizing, directing, controlling, budgeting, leading, or evaluating of any organization or business within the sports field.
Jonathan Lee Riches Jonathan Lee Riches is a convicted fraudster known for the many lawsuits he has filed in various United States district courts. Riches was incarcerated at Federal Medical Center, Lexington, Kentucky, for wire fraud under the terms of a plea bargain.
Risk Factors
Additional risks that we do not yet know of or that we currently think are immaterial may also impair our business operations
If any of the events or circumstances described in the following risks actually occur, our business, financial condition or results of operations could suffer, and the trading price of our common stock could decline
Our limited operating history makes it difficult to evaluate our business and prospects
We were incorporated in April 1997 and introduced our first major software product, Blast Fusion, in April 1999
We have a limited history of generating revenue from our software products, and the revenue and income potential of our business and market is still unproven
We have only been profitable in fiscal 2003 and fiscal 2004
Our software products represent a new approach to the challenges presented in the electronic design automation market, which to date has been dominated by established companies with longer operating histories
Key markets within the electronic design automation industry may fail to adopt our proprietary technologies and use our software products
Any evaluation of our business and our prospects must be considered in light of our limited operating history and the risks and uncertainties often encountered by relatively young companies
We have a history of losses, except for fiscal 2003 and fiscal 2004, and had an accumulated deficit of approximately dlra136dtta6 million as of April 2, 2006; if we continue to incur losses, the trading price of our stock would be likely to decline
We had an accumulated deficit of approximately dlra136dtta6 million as of April 2, 2006
If we continue to incur losses, or if we fail to achieve profitability at levels expected by securities analysts or investors, the market price of our common stock is likely to decline
If we incur net losses, we may not be able to maintain or increase our number of employees or our investment in capital equipment, sales, marketing, and research and development programs, and we may not be able to continue to operate
Our quarterly results are difficult to predict, and if we miss quarterly financial expectations, our stock price is likely to decline
Our quarterly revenue and operating results fluctuate from quarter to quarter and are difficult to predict
It is likely that our operating results in some periods will be below investor expectations
If this happens, the market price of our common stock is likely to decline
Fluctuations in our future quarterly operating results may be caused by many factors, including: • size and timing of customer orders, which are received unevenly and unpredictably throughout a fiscal year; • the mix of products licensed and types of license agreements; • our ability to recognize revenue in a given quarter; • higher than anticipated costs in connection with litigation with Synopsys, Inc
; • timing of customer license payments; • the relative mix of time-based licenses bundled with maintenance, unbundled time-based license agreements and perpetual license agreements, each of which has different revenue recognition practices; 12 ______________________________________________________________________ [39]Table of Contents • size and timing of revenue recognized in advance of actual customer billings and customers with graduated payment schedules which may result in higher accounts receivable balances and days sales outstanding (“DSO”); • the relative mix of our license and services revenue; • our ability to win new customers and retain existing customers; • changes in our pricing and discounting practices and licensing terms and those of our competitors; • changes in the level of our operating expenses, including increases in incentive compensation payments that may be associated with future revenue growth; • variability in stock-based compensation charges related to our option exchange program; • changes in the interpretation of the authoritative literature under which we recognize revenue; • the timing of product releases or upgrades by us or our competitors; and • the integration, by us or our competitors, of newly-developed or acquired products
We currently face lawsuits brought by Synopsys, Inc
related to patent infringement, and we may face additional intellectual property infringement claims or other litigation
Lawsuits can be costly to defend, can take the time of our management and employees away from day-to-day operations, and could result in our losing important rights and paying significant damages
As described below, Synopsys, Inc
has filed various suits, including for patent infringement, against us (please see the discussion in Part I,