bankruptcy

Osbourne

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September 13, 1983: Osbourne Declared Bankruptcy

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Osbourne
Osbourne

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.

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  • Reverse Engineering is a legitimate practice
  • Hacking for Girlies
  • 3COM spins off Palm
Steve Jobs

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September 12, 1985: Steve Jobs Leaves Apple to Start NeXT

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Steve Jobs
Steve Jobs

1985 – After an interesting power struggle with John Sculley, Steve Jobs decides to throw in the towel and tenders his resignation at Apple. He announces at the Board meeting he and other low level employees will be starting a new company – NeXT. The next day, Jobs tells John Sculley that Bud Tribble, Dan’l Lewin, George Crow, Rich Page, and Susan Barnes will be leaving to join him.

Jobs new company would end up becoming the foundation of Mac when it is bought by Apple in 1996 and Steve Jobs comes back to become CEO.

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  • Integrated circuit is demonstrated
  • Space Race begins
  • Discman is introduced
Jeff Bezos

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December 1, 2013: The Amazon Flying Drone Project

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Jeff Bezos
Jeff Bezos

2013 – Jeff Bezos is interviewed on the show “60 Minutes” on CBS with Charlie Rose. During his interview he unveils a project Amazon has been working on – Flying drone delivery. This secret R&D project called “Octocopter” will have drones fly the packages from outposts in each city to the homes.

In a project Amazon is calling “Prime Air”, they expect the delivery system to be available in the next 4-5 years.

Charlie Rose’ reaction summed it up. “Oh, my God!”.

1999 – It was the most expensive internet domain name. Business.com was first bought in 1997 for $150,000 by Marc Ostrofsky. You might think that is pretty expensive, but economically, it was a great deal. On 12/01/99, Buisness.com was sold to Jake Winebaum for $7.5 million. At that point, buisness.com was officially founded.Jake was a chairman of the Walt Disney Internet group.This domain barely made it through the dot com bubble. They went through 2007 when R.H. Donnelley Corporation acquired the site for $345 million. R.H. Donnelley filed for bankruptcy in June 2009.


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  • AbiWord word Processor
  • Lycos gives “Make love not spam” screensaver
  • FidoNet and their motion to have IFNA take control
Napster

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November 25, 2002: Roxio Purchased Napster

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Napster
Napster

2002 – While in Bankruptcy since the following September, Roxio – along with the Private Media Group – came in and took over the $2.43 million dollar company. They took all logos and names and rebranded it “Napster 2.0”. This time, Napster was a pay site – merging technologies with Roxio Pressplay.The sale completed in 2003Ultimately, the company was purchased by Best Buy in 2008.

This Day in Tech History podcast show notes for November 25

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  • DVD Jon releases the crack to WMV9 codec
  • ICANN and the US Commerce Memorandum of Understanding
  • Playboy files suit against Rusty n Edie’s BBS
Depth-bomb

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November 19, 1993: Don’t Post Bomb Instructions Online

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Bomb

1993 – The Ionizer – Otherwise known as Michael Elanky, recieved 28 months in prison for posting bomb-making instructions on his BBS. There have been other instances of this throughout history, but Elansky was a member of the International Information Retrieval Guild, a computer group very much concerned with freedom of speech and freedom of information. Like the group with which he was affiliated, Michael felt strongly about our First Amendment rights.Therefore, he posted on his BBS – called the Warehouse – instructions on making bombs.

Michael was arrested back in July 1993 and couldn’t post the $500,000 bail. Therefore he spent 4 months in jail. The instructions were originally written by “Deth Vegetable”.

This Day in Tech History podcast show notes for November 19

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  • Micropolis files for bankruptcy
  • Wildcat BBS sold to Snatronics Software
  • Guns N Roses announce their album will be on MySpace 1 week before release
Pets dot com sock puppet

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November 7, 2000: Pets.com Closes

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Pets dot com sock puppet
Pets.com sock puppet was the most popular part of Pets.com

2000 – It was a time that would be known as when the Bubble burst. The event technically happened on March 10, 2000. Since that time,  dot com-ers began losing their sites and livelihood. Although Pets.com had a pretty good run and marketing strategy, they didn’t have the momentum to keep investors on board. The company worked hard at trying to sell, but even the puppet mascot of a dog holding a microphone wasn’t enough to reel in an interested buyer. The only good sales at Pets.com were the sock puppets, which was eventually sold upon bankruptcy to a company called Bar None – an auto loan firm.

This Day in Tech History podcast show notes for November 7

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  • IBM and Motorola shun Microsoft on a new computer platform
  • Atari makes IPO
  • the Craigslist bandit
3Dfx logo

November 6, 1995: Voodoo 3D Accelerator

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3Dfx logo

1995 – 3DFX releases the much anticipated Voodoo 3D acceleerator. QuakeGL becomes the first game using the Voodoo 3D. Hi-resolution rendering was it’s advantage. 3Dfx would continue to make the VooDoo until NVidia acquires the rights. 3Dfx would ultimately file for bankruptcy in 2002.

This Day in Tech History podcast show notes for November 6

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  • Lizzybee.com becomes the 3 millionth domain name
  • The first Walkman Phone
  • Hewlett Packard files for IPO
hayes

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October 9, 1998: Hayes Microcomputer Filed Chapter 11

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Hayes Microcomputer Files bankruptcy

1998 – We all remember the modem, right? Dial into the internet through an ISP? Some of you may still have that technology, but if you have dealt with modems for a while, you remember Hayes. The Hayes corporation was pretty big back in the day – giving your Apple II connectivity to the world. Well, that is until 1998 when it’s course ran out. Stocks went from $12 a share, down to almost nothing. Hayes had no choice but to file for bankruptcy. Zoom Technologies (now called (Zoom Telephonics) bought the company out in 1999.

This Day in Tech History podcast show notes for October 9

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  • Nino 200 and 500 were discontinued
  • BBC starts programming
  • the TV show Heroes first airs
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