February 23, 1896 – Tootsie Roll is introduced in US[/caption]
1896 – A little Geeky knowledge for ya – The Tootsie roll is introduced. Austrian immigrant Leo Hishfield took the idea to a New York store and sold the idea. The name comes from her 5 year old daughter, whom everyone called “Tootsie”. It became the first “Penny candy” and was even a War time ration since it could withstand severe weather conditions.
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.
1998 – In the 90’s, AOL and Compuserve were battling out for top dog in the ISP market. However, AOL showed a lot more game back then as Compuserve ultimately faltered when it’s main investor – H&R Block – decided to divest. The big quandary: Who was to buy Compuserve. Well, the end result was a buyout of Compuserve to AOL after Worldcom picked it up and then took what they wanted.
February 2, 1998 AOL buys Compuserve
1964 – The first G.I.Joe was released to the toy market. Toy company Hasbro released the 12 inch soldier to the public. Avoiding the word “Doll” to keep the stigma away that boys played with dolls. Action Soldier (Army), Action Sailor (Navy), Action Pilot (Air Force), Action Marine (Marines) and later on, the Action Nurse.
1983 – Windows 1.o was announced at the Helmsley Palace Hotel in New York City. It was one of the most elaborate product introductions to date. Gates says Windows 1.0 will officially release in 1984, yet it didn’t release until June, 1985.
Atari
1986 – Back in that day, Comdex was the big computer show. There were two versions: one that was held in Chicago in the spring and the other in Las Vegas mid-November. At this time, Atari was the big dog on the block. Jack Tramiel was putting all efforts in this years Comdex after seeing a small dip in the shares.So they set up a 65 booth display with different 3rd party developers that would show off what the Atari could do. The big innovation that year – the SX212 1200 baud modem for $99.95. They also showed off the Atari 2600jr and the Atari 7800, and because of that impressive show, Atari boasted a $25 million profit that year.
Of course, the company went well for a few more years, merged with JTS, which was then bought by Hasbro in 1998. The company still is survived in a way to this day, but not in the glory that it was back then.
In a four minute meeting, the stockholders voted 42 million to 11 thousand in favor to the merge Atari and JTS in 1996. Because of the decision, Sam Tramiel picks up the severance checks, but agrees to stay in office while the company transitions. JTS held the Atari name until March 1998 when Hasbro bought the brand for 5 million dollars.
2012 – At the premier of the Dark Knight Rises in Aurora, CO. James Eagan Holmes opened fire in one of the theaters. Holmes killed 20 people and injured many. He is currently being evaluated for insanity with a court date of Feb 13, 2014.
In a step to protect companies from any post Y2K problems, in 1999, President Bill Clinton signs a bill into law protecting companies from legal action.
Today I have signed into law H.R. 775, the “Y2K Act.” This is extraordinary, time-limited legislation designed to deal with an exceptional and unique circumstance of national significance—the Y2K computer problem.
In signing this legislation, I act in the belief and with the expectation that companies in the high technology sector and throughout the American economy are serious in their remediation efforts and that such efforts will continue. Many have worked hard to identify the potential for Y2K failures among their systems and products, taken reasonable measures to inform those who might be injured from Y2K failures of steps they could take to avoid the harm, and fixed those systems and products, where feasible. If nonetheless there are significant failures or disruptions as we enter the Year 2000, plaintiffs will turn to the courts seeking compensation. Responsible companies fear that they will spend millions or more defending Y2K suits, even if they bear little or no responsibility for the harm alleged. Frivolous litigation could burden our courts and delay relief for those with legitimate claims. Firms whose productivity is central to our economy could be distracted by the defense of unwarranted lawsuits.
1983 – Windows 1.o was announced at the Helmsley Palace Hotel in New York City. It was one of the most elaborate product introductions to date. Gates says Windows 1.0 will officially release in 1984, yet it didn’t release until June, 1985.
Atari
1986 – Back in that day, Comdex was the big computer show. There were two versions: one that was held in Chicago in the spring and the other in Las Vegas mid-November. At this time, Atari was the big dog on the block. Jack Tramiel was putting all efforts in this years Comdex after seeing a small dip in the shares.So they set up a 65 booth display with different 3rd party developers that would show off what the Atari could do. The big innovation that year – the SX212 1200 baud modem for $99.95. They also showed off the Atari 2600jr and the Atari 7800, and because of that impressive show, Atari boasted a $25 million profit that year.
Of course, the company went well for a few more years, merged with JTS, which was then bought by Hasbro in 1998. The company still is survived in a way to this day, but not in the glory that it was back then.
This Day in Tech History podcast show notes for November 10
In a four minute meeting, the stockholders voted 42 million to 11 thousand in favor to the merge Atari and JTS in 1996. Because of the decision, Sam Tramiel picks up the severance checks, but agrees to stay in office while the company transitions. JTS held the Atari name until March 1998 when Hasbro bought the brand for 5 million dollars.
Full Day in Tech History podcast show notes for July 30