Google's initial public offering (IPO) took place five years later, on August 19, 2004. At that time Larry Page, Sergey Brin, and Eric Schmidt agreed to work together at Google for 20 years, until the year 2024. At IPO, the company offered 19,605,052 shares at a price of $85 per share. Shares were sold in an online auction format using a system built by Morgan Stanley and Credit Suisse, underwriters for the deal. The sale of $1.67 billion gave Google a market capitalization of more than $23 billion.
The Procuraduría de la Nación announced that it would investigate Mossack Fonseca and the Panama papers.On April 12, the newly formed Second Specialized Prosecutor against Organized Crime raided Mossack Fonseca and searched their Bella Vista office as part of the investigation initiated by the Panama Papers. The Attorney General's office issued a press release following the raid, which lasted 27 hours, stating that the purpose was "to obtain documents relevant to the information published in news articles that establishes the possible use of the law firm in illegal activities". The search ended without measures against the law firm, confirmed prosecutor Javier Caraballo of the Second Prosecutor Against Organized Crime.More Info
Leaked documents examined by the ABC "pierced the veil of anonymous shell companies" and linked a Sydney businessman and a Brisbane geologist to mining deals in North Korea. "Rather than applying sanctions, the Australian Government and the ASX seem to have allowed a coach and horses to be ridden through them by the people involved in forming this relationship, corporate relationship with one of the primary arms manufacturers in North Korea," said Thomas Clark of the University of Technology Sydney.More Info
In 2003, after outgrowing two other locations, the company leased an office complex from Silicon Graphics, at 1600 Amphitheatre Parkway in Mountain View, California. The complex became known as the Googleplex, a play on the word googolplex, the number one followed by a googol zeroes. Three years later, Google bought the property from SGI for $319 million. By that time, the name "Google" had found its way into everyday language, causing the verb "google" to be added to the Merriam-Webster Collegiate Dictionary and the Oxford English Dictionary, denoted as: "to use the Google search engine to obtain information on the Internet". Additionally, in 2001 Google's Investors felt the need to have a strong internal management, and they agreed to hire Eric Schmidt as the Chairman and CEO of GoogleMore Info
Increased tides were experienced in the Bahamas ahead of the storm, with rip currents occurring as well. On September 1, 2019, hurricane conditions arrived in some of the Abaco Islands. A few hours later, destructive conditions arrived, with Hurricane Dorian making landfall as a Category 5 hurricane at 16:40 UTC, becoming the strongest hurricane in modern records to strike the northwestern Bahamas. Around 12:30 pm AST, Category 5 winds arrived at the Bahamas with the eyewall. Gusts of over 200 mph (320 km/h) also occurred. Devastating storm surge of up to 23 feet swept away many buildings and submerged a large part of the affected areas. At 7:00 (UTC) on September 2, 2019, Grand Bahama International Airport was underwater. Minister of Agriculture Michael Pintard reported an estimated storm tide of 20 to 25 ft (6.1 to 7.6 m) at his home on Grand Bahama. The Bahamas prime minister, Hubert Minnis, said "This is a deadly [...] monster storm".More Info
From August 26 to 29, Dorian produced damaging winds and heavy rain across the eastern Caribbean. In Barbados, winds reached 55 mph (89 km/h), downing trees and power lines. Isolated interruptions to power occurred on St. Lucia; no damage occurred otherwise in the nation. In Martinique, heavy rains—peaking at 102 mm (4.0 in) in Rivière-Pilote—and winds up to 61 mph (98 km/h) caused some damage, though overall damage was negligible. Heavy showers in Dominica left multiple communities without power and water. Rainfall extended north to Guadeloupe were accumulations reached 121 mm (4.8 in) in Matouba. Striking the Virgin Islands as an intensifying hurricane, Dorian brought strong winds and heavy rains to the region. Buck Island, just south of Saint Thomas, experienced sustained winds of 82 mph (132 km/h) and a peak gust of 111 mph (179 km/h). Wind gusts on Saint Thomas reached 75 mph (121 km/h). Island-wide blackouts occurred on Saint Thomas and Saint John, while 25,000 customers lost power on Saint Croix. The high winds downed trees across the islands. Along the coast, multiple boats broke from their moorings and washed ashore. Some flooding occurred on Tortola in the British Virgin Islands. Downed trees knocked out power to some residences on Virgin Gorda. Because the hurricane moved farther northeast than initially anticipated, its effects in Puerto Rico were relatively limited. A man in Bayamón died when he fell off his roof trying to clean drains in advance of the storm.More Info
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