Today on Day in Tech History
2008– Napster has been trying to solidify their name since they went legit. They forged the way with music downloads in the 1990’s but struggled after.
Enter Best Buy. They saw the opportunity and laid down $121 Million for the company. Best Buy owned the service until 2011 when Napster merged with Rhapsody. Best Buy still has a minor stake in the music sharing software.
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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 […]
2013 – Jeff Bezos puchased the Washington Post for $250 million dollars. The deal was officially finalized on October 1, 2013. Later, in an article in Forbes, Bezos admits he was talked into the purchase. The Washington Post is a separate entity from Amazon. 2002 – The Internet2 – Otherwise known as the Abilene Network […]
In 2009, North Korean leader Kim Jong Il issued a pardon to two Current TV journalists who were recently charged for perpetrating hostile acts against the communist state. After a visit from former President William Clinton, Laura Ling and Euna Lee were released. They were detained on March 17th. “It was the third time that […]
2005 – To handle revenues, the Mozilla Foundation established the Mozilla Corporation. This taxable organization can skirt any legal issues the Foundation would endure for being a non-profit organization. A board of directors brought Gary Kovacs on as CEO to the Mozilla Corporation.It was the first computer based on the Zilog processor. 1977, Lewis Kornfeld announces […]