Tagged: stock

Oracle 0

April 20, 2009: Oracle Purchases Sun Microsystems

2009 – Oracle announces they have purchased Sun Microsystems in a $7.4 billion dollar deal. This includes stock at $9.50 / share. That would also be the acquisition of SPARC processors, Solaris OS, Java and MySQL, among other items. The deal would be finalized on January 27th 2010. Full Day in Tech History podcast show notes for April 20 Compaq and Sears-Roebuck offer Presario line of personal computers Bill Gates and Paul Allen write the letter to MITS on breach of contract IBM opens it’s first PC store in New York City Podcast: Play in new window | DownloadSubscribe! iTunes |...

Play
Instagram Facebook 0

April 9, 2012: Facebook Purchased Instagram

2012 – Facebook – trying to get a hold on photosharing – decides to not wait for their iPhone app to come out but instead purchase Instagram for 1 billion dollars ($300 million and 23 million shares of Facebook stock). The reason Facebook made the purchase was for the close to 50 million Instagram users. Facebook had plans to keep both companies separate, but found later that joining the two via databases would help both companies grow.  The companies finalized the deal on September 6, 2012. Wikazine – Full Day in Tech History podcast show notes for April 9 AMD “Barcelona”...

Play
Apple vs. Microsoft 0

March 17, 1988: Apple Sues Microsoft, HP over GUI

1988 – The Graphical User Interface (GUI) is what we use daily to open up email, our web browser and even those apps on your smartphone or tablet. With the first real GUI came the first copyright infringement for it as Apple sued both Microsoft and Hewlett-Packard for stealing features from Macintosh’s interface. Hewlett Packard was also named for their New Wave desktop environment. Missing from the suit is Microsoft Presentation Manager, which became the interface for IBM’s OS/2. The lawsuit got muddied when Xerox sued Apple for the same thing. That instance got thrown out rather quick. But the original...

Play
Apple 1

January 31, 1984: Apple Reorganizes

1984 – Apple announced they would split up the Cupertino based company into three divisions – Apple II (handling all Apple III computers as well), the Apple 32 division (Lisa, and new Macintosh line of computers) and Accessory Products (Printers, keyboards, etc). Delbert Yocam led the Apple II group which Steve Jobs would take care of Apple 32. Michael Muller would lead the accessories. Apple did a lot of reorganizing, including Michael Spindler to VP of the European group and William Campbell to VP of sales in the US. Wikazine – Full show notes for January 31 Related articles Mistrial in WordPerfect...

Play
TI-83 Graphing Calculator 0

January 10, 1996: TI-83 Graphing Calculator

1996 – Texas Instruments announced it would release the TI-83 and became one of the most popular calculators. The TI-83 had many graphing modes including polar, parametric, sequence and function graphs. It could also run statistics, trigonometry and algebraic functions. The TI-83 was replaced by the 83 Plus in 1999 which added flashable memory for upgrades. This calculator is still available today and you can get the Texas Instruments TI-83 Plus Graphing Calculator on Amazon. The TI-83 had a Zilog Z80 processor at 6 MHz and 32 kb of RAM. You could use 4 AAA batteries or the power supply to run. Price...

Play
Lenovo 0

December 8, 2004: IBM sells PC Division to Lenovo

2004 – It was an interesting day in the Tech community when we heard the news. IBM was getting out of the desktop and laptop markets and focus on server and infrastructure. They started by selling all their assets to Lenovo – China’s largest computer manufacturer. Lenovo wasn’t a household name in the US, but this pretty much changed that overnight.The deal was for $650 million in cash and $600 million in stock. Lenovo would also acquire $500 million in IBM liabilities, which would put the total to $1.75 billion. In return, Lenovo would instantly become the 3rd largest PC...

Play
0

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...

Play
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...

Play