Tagged: Metallica

Napster 0

July 2, 2001: Napster Shut Down

Napster, the file sharing service (started by John & Shawn Fanning, and Sean Parker) that was up since 1999, had a series of trials and tribulations until 2001. After lengthy legal battles with artists like Madonna and Metallica, Napster began to realize their business model is not going to work. They shut down the entire network to comply with an injunction. This case was partially settled on September 24, 2001, where Napster was ordered to pay $26 million in damages and $10 million in future royalties.Eventually, Napster filed for Chapter 11 bankruptcy, right before Napster 3.0 was ready to be deployed. On...

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Moores Law 0

April 13, 1965: Moore’s Law

1965– You may have heard about Moore’s Law. This states that every 18 months, a processor will double in speed. The law’s name is coined after Intel co-founder Gordon E. Moore. He said: It can’t continue forever. The nature of the exponential is that you push them out and eventually disaster happens. The law started with the Integrated circuit. It has continued to this day – especially since we switched ideas and, instead of speeding up, we double the amount of processors. Full Day in Tech History podcast show notes for April 13 Apple discontinues the Power Mac G4 Atari signs agreement...

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