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How to Think About Time in Programming

Time handling in programming involves understanding absolute time (precise instants) versus civil time (human-readable formats). UTC provides global time synchronization with leap seconds, while timezones convert between UTC and local time using rules that can change unpredictably. The IANA timezone database tracks historical and current timezone rules globally. Common advice like "just use UTC" can cause bugs when handling user-facing datetime interactions or future events that depend on local civil time rather than absolute time.


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Computer Science and Programming
How to Think About Time in Programming
Time handling in programming involves understanding absolute time (precise instants) versus civil time (human-readable formats). UTC provides global time synchronization with leap seconds, while timezones convert between UTC and local time using rules that can change unpredictably. The IANA timezone database tracks historical and current timezone rules globally. Common advice like "just use UTC" can cause bugs when handling user-facing datetime interactions or future events that depend on local civil time rather than absolute time.


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Telegram hopes to raise $1bn with a convertible bond private placement

The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.

How to Think About Time in Programming

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