Tagged: investors

Osbourne 0

September 13, 1983: Osbourne Declared Bankruptcy

1983 – The Osbourne I was a computer introduced by Adam Osbourne in 1981. It featured a Z80 microprocessor and the computer would run at least $1800. However, the computer company did not fair too well. They tried to mask their true financial statements in hopes that things would turn around. However once investors found out what was going on, they would start asking questions. Osbourne could not handle the pressure and on this day they filed for bankruptcy. This Day in Tech History podcast show notes for September 13 Reverse Engineering is a legitimate practice Hacking for Girlies 3COM spins...

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SpaghettiOs 0

May 16, 1965: SpaghettiOs

1965 – The Campbell soup company, under their Franco-American brand, introduce SpaghettiO’s pasta in a can. The ring-shaped pasta and cheese blend was an easy way (and less messy) to make the kids a meal. Simply open the can and pour into the pan! The idea was created by Donald Goerke – known as “Daddy-O of SpaghettiO’s”. The company tested out many shapes before they decided the “O” was the least messy to serve and eat. Jimmie Rodgers sang the famous “Uh-Oh! SpaghettiOs” at the time. Full Day in Tech History podcast show notes for May 15 Spaghetti-O’s are introduced Sugar Labs...

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Dvorak Keyboard 2

May 12, 1936: The Dvorak Keyboard Patented

1936 – When typewriters first came out, many different people worked on keyboard layouts to become the standard. QWERTY was a popular system but was not efficient. August Dvorak and William Dealey decided to create and patent an alternative to this style, the end result – the Dvorak keyboard was born. The keyboard was more efficient, too. Key letters were together so you would “roll” words. T was next to H, N was next to S. The sub-dominant hand would take care of vowels and lesser-used consonants, while the dominant hand took care of most of the consonants. Therefore, a left-hand and...

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Apple 0

December 12: Apple Initial Public Offering

1980 – Apple Computer goes up for their Initial Public Offering and makes a statement in the market. Using the symbol “AAPL“, Apple shares started at $22 – but sell out within minutes. By the end of the day, shares rose to $29. The market value became 1.8 Billion, which, in turn, made employees and investors pretty rich – Steve Jobs reports $217 Million, being the largest shareholder. It beat out Ford Motor when it went IPOV (IPO Viral). This Day in Tech History podcast show notes for December 12 OSCAR I goes into orbit Christopher Cockerell patents the Hovercraft FidoNet...

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IBM 0

December 3, 1981: Disbanding of IBM Data Processing Division

1981 – For many years, whenever something came out, it was “IBM’s Data Processing Division releases”… Well, on Dec 3rd 1981, IBM decided and announced that the Data Processing Division was going to be absorbed into the IBM National Accounts Division (NAD), and the National Marketing Division. The 2 divisions would then become part of the Information SystemsGroup. This would be effective January 1982. The Data Processing Division was launched in 1956. IBM DPD had launched many 370 mainframe systems, as well as the 7090 – which we talk about it’s release on Dec 3rd 1968. For more information, see IBM...

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November 17, 2008: Jerry Yang Steps down as Yahoo! CEO

2008 – After battle upon battle between Microsoft, Google and shareholders (including Carl Icahn), Jerry Yang finally announced to all he was stepping down as CEO of Yahoo! The previous days, Steve Ballmer said they are not going forward with any future purchase of Yahoo! Because of this, stock hit it’s lowest share price, $8. That, the failed Google affiliation (due to antitrust issues), and a very despondent group of investors, Jerry felt it best to step back in his roll. This Day in Tech History podcast show notes for November 17 USB 3.0 Specification is released Apple vs. Carl Sagan...

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Phantom Console 0

May 16, 2006: Phantom Console Pump and Dump Scheme

2006 – Phantom Entertainment former CEO Timothy Roberts was accused of running a Pump and dump scheme on the Phantom console – a Game system that never came to market. In 2004, he hired a promoter to send faxes stating the Phantom system would ship January 2005. Of course that drove up stock prices in which investors could profit on, including Roberts and the promoter (who got 4 million shares of restricted stock) Full Day in Tech History podcast show notes for May 15 Spaghetti-O’s are introduced Sugar Labs extends Sugar OS to EeePC OS X Tiger vs. Tiger Direct ruling....

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Prodigy 0

May 12, 1996: Prodigy Takeover from IBM

1996 – IBM and Sears and Roebuck lose Prodigy due to takeover. They sell their interests to a group of investors – led by Prodigy Management: founders of Boston Technology and International Wireless.  Ed Bennett, CEO of Prodigy takes the lead in this acquisition. Carlos Slim Helu – Owner of Telmex – then provided Internet access for Mexico and Latin America.Ultimately, Prodigy went public in 1999 and stayed that way until bought out by SBC (AT&T). Full Day in Tech History podcast show notes for May 12 MITS receives a retraining order for Microsoft on the 8080 BASIC XBOX360 is unveiled...

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