Debts | Day in Tech History

April 11, 2019

April 12, 1976: Apple’s 3rd Co-Founder Ronald Wayne

1976– What a position Ronald Wayne was in. He was the 3rd co-founder of Apple Computer on April 1 with 10% share. However, after two weeks Wayne sells his share for $800 back to Steve Jobs and Steve Wozniak. The reason why was because if the company was to go under, he would be liable for any debts incurred. While a solid reason why (Wayne had assets that couldn’t be risked in that nature), it turned out to be one of the biggest mistakes as Apple is grossed in the billions. Wayne designed the original Apple logo and wrote the...

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Atari / Day in Tech History

February 12, 2019

February 13, 1996: Jugi Tandon Storage (JTS) Merged with Atari

February 13, 1996: JTS merges with Atari[/caption] 1996 – Atari Corporation announces the merger with Jugi Tandon Storage (JTS). Atari extended a bridge loan of $25 Million so JTS can still build drives. The company would still be known as JTS, but Atari would own 60% of the company.While Atari was sold to Hasbro via THQ, JTS could not emerge from the debts. They ended up filing Chapter 7 bankruptcy on Feb 28, 1999. The Last Peanuts Comic Strip is released one day after Creator Charles Schultz passes Apollo Computer is formed Rush Limbaugh gets service call from Steve Jobs...

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Apple / Day in Tech History

April 12, 2018

April 12, 1976: Apple’s 3rd Co-Founder Ronald Wayne

1976– What a position Ronald Wayne was in. He was the 3rd co-founder of Apple Computer on April 1 with 10% share. However, after two weeks Wayne sells his share for $800 back to Steve Jobs and Steve Wozniak. The reason why was because if the company was to go under, he would be liable for any debts incurred. While a solid reason why (Wayne had assets that couldn’t be risked in that nature), it turned out to be one of the biggest mistakes as Apple is grossed in the billions. Wayne designed the original Apple logo and wrote the...

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Atari / Day in Tech History

February 13, 2018

February 13, 1996: Jugi Tandon Storage (JTS) Merged with Atari

1996 – Atari Corporation announces the merger with Jugi Tandon Storage (JTS). Atari extended a bridge loan of $25 Million so JTS can still build drives. The company would still be known as JTS, but Atari would own 60% of the company.While Atari was sold to Hasbro via THQ, JTS could not emerge from the debts. They ended up filing Chapter 7 bankruptcy on Feb 28, 1999. Wikazine – Full show notes for February 13 The Last Peanuts Comic Strip is released one day after Creator Charles Schultz passes Apollo Computer is formed Rush Limbaugh gets service call from Steve Jobs...

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"Charlie Brown" by Source (WP:NFCC#4). Licensed under Fair use via Wikipedia

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Day in Tech History / Geek

February 13, 2017

February 13, 2000: Peanuts Comic Strip Officially Retired

2000 – It was a very sad day for Peanuts comics fans as the Sunday comic strip ended its run after almost 50 years (January 6, 1952). This officially marked the end of run for Charles M. Schultz’ creation. The daily strip ran from October 2, 1950 to January 3, 2000 and the Sunday comic because of its popularity. Various TV shows and holiday specials were also a part of the media set out, but it was the comic strip that brought laughter to houses for half a decade. The day before this last strip, Schultz passed away at the age of 77 but...

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