Tagged: ruby

Netflix 0

September 19, 2011: Netflix Qwikster,1995: AT&T Acquired NCR

2011 – Netflix CEO Reed Hastings made one of the biggest blunders of 2011 when he announced not only was the DVD section of Netflix getting a new name, but also that section was up for sale. Qwikster brought a lot of attention rapidly for two reasons – 1. It was close to Amway’s spin-off Quixster, and 2. Qwikster used to be the twitter handle of a pot-smoking Elmo character. Since then, Hastings apologized and the company reeled back the statement. However, it was not before they lost 2/3 of their stock and over 800,000 subscribers. Currently, their stock is...

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$1,000 Ruby iPhone app 0

August 8, 2008: $1000 Apple iPhone Application

Apple has always controlled it’s products – The Application store is no different. This might be a great case why. An application was put into the store – Called the $1000 app. It did cost $1000, which means after Apple’s 30%, the developer received $700 per purchase. The application simply showed a ruby.Apple took the app down quick, but not after the application was purchased 8 times. Keep in mind there ARE applications that cost upwards to $1,000. I highlighted them in this iPad365 episode. Full Day in Tech History podcast show notes for August 8 Microsoft Office is introduced Intel announces Pentium...

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