This document provides an overview of the 20 year history of Java and introduces key concepts of Java 8 including lambdas, streams, and parallel streams. It begins with Java's origins in the early 1990s at Sun Microsystems and covers major releases and new features up to Java 8 in 2014. The document then explains lambdas, streams, and how parallel streams enable automatic parallelization. It includes examples of using streams and parallel streams to filter, map, and sort collections of objects. Finally, it demonstrates solving a sample problem of finding transaction IDs using streams versus traditional for loops.