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eBay

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September 24, 1998: eBay filed IPO

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1998– In 3 years since it’s inception, eBay grew to be a powerful auction site. Therefore, eBay decided to go public. They offered 9 million shares on NASDAQ starting at $18 a share. When all is said and done, they closed the day at $47.375.

This Day in Tech History podcast show notes for September 24

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ASCI White

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June 29, 2000: The ASCI White

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ASCI White

2000 – IBM unveiled the ASCI White – their fastest computer yet. This supercomputer was based on IBM’s commercial RS/6000 SP computer. 512 computers were connected to make this supercomputer. over 8 million processors, 5 Terabytes of memory and 160 TB of disk storage.

The computer was completed on this day in New York, and would go on-line on August 15, 2001 at the Lawrence Livermore National Laboratory in California.

Full Day in Tech History podcast show notes for June 29

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  • Compuserve acquires TheSource, a major competitor
  • Gigabit Ethernet standard is set
  • Max Butler pleads guilty to stealing 2 million credit cards
Beats Music

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May 28, 2014: Apple Acquires Beats

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Beats Music
Beats Music

2014 – Rumors flew high on this one, so when it happened, many people were not surprised. Apple announced they were going to acquire Beats Music and Electronics in a $3 billion deal. As part of the acquisition, co-founders Dr. Dre and Jimmy Iovine would join Apple.

Beats subscription service would continue to work as part of the service would be integrated with iTunes. Currently, Beats has a 20 million song library, and is available for iOS, Android, and Windows Phone for a $9.99 subscription.

Full Day in Tech History podcast show notes for May 28

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  • Steve Jobs is removed as General Manager of Macintosh Division
  • Yahoo! completes Acquisition of Geocities
  • 3DO gaming filed Chapter 11 bankruptcy
  • Time Warner separates from AOL.
  • The first graphene-based circuits to break the gigahertz barrier
iPhone 1st Gen

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June 29, 2007: Apple Releases 1st Gen iPhone (EDGE)

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iPhone 1st Gen
iPhone 1st Gen

2007 – Apple stores open for the hundreds of people standing in line to get the 1st generation iPhone (aka iPhone EDGE). It was the first Smartphone with a multi-touch interface. 4 GB and 8 GB models on AT&T’s network running EDGE. Jobs later stated he didn’t put 3G into the phone because it took way too much battery life to run. The phone had an ARM1176JZF at 620 MHz and 128 MB of RAM.

Full Day in Tech History podcast show notes for June 29

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  • Compuserve acquires TheSource, a major competitor
  • Gigabit Ethernet standard is set
  • Max Butler pleads guilty to stealing 2 million credit cards
GIF

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May 28, 1987: GIF Standard Released

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GIF
GIF

1987 – Compuserve releases the Graphics Interchange Format (GIF) standard. Using 256 colors, it could greatly reduce pictures for the web. Photos in the GIF format would look pixelated and posturized, though.

“‘GIF’ ™ is CompuServe’s standard for defining generalized color raster images. This ‘Graphics Interchange Format’ ™ allows high-quality, high-resolution graphics to be displayed on a variety of graphics hardware and is intended as an exchange and display mechanism for graphics images. The image format described in this document is designed to support current and future image technology and will in addition serve as a basis for future CompuServe graphics products.” – From the Official text of GIF standard.

GIF files are used to this day, mostly for animation purposes. Google Chrome, for example, allows you to post animated gif files, which brought a flood of “Google over Facebook” shorts.

Full Day in Tech History podcast show notes for May 28

Subscribe to the Day in Tech History

Subscribe to Day In Tech History:

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  • Steve Jobs is removed as General Manager of Macintosh Division
  • Yahoo! completes Acquisition of Geocities
  • 3DO gaming filed Chapter 11 bankruptcy
  • Time Warner separates from AOL.
  • The first graphene-based circuits to break the gigahertz barrier
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