Tagged: bankruptcy

Osbourne 0

September 13, 1983: Osbourne Declared Bankruptcy

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. This Day in Tech History podcast show notes for September 13 Reverse Engineering is a legitimate practice Hacking for Girlies 3COM spins...

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Steve Jobs 0

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

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. This Day in Tech History...

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Google 0

April 29, 2004: Google Files IPO

2004 – Google files the S-1 form with SEC for their IPO. They said they wanted to raise US$2,718,281,828; a Mathematical algorithm based on the day they filed. The form can be found at SEC.gov The stock finally started trading on August 19, 2004 at $85 a share in a unique online auction. Full Day in Tech History podcast show notes for April 29 Other Events in the Day in Technology History Apple discontinues Macintosh XL Commodore declares bankruptcy Oracle finalizes their merger of BEA Podcast: Play in new window | Download

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Napster 0

November 25, 2002: Roxio Acquired 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 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 Podcast:...

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Bomb 0

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

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...

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3Dfx logo 0

November 6, 1995: Voodoo 3D Accelerator Released

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 Lizzybee.com becomes the 3 millionth domain name The first Walkman Phone Hewlett Packard files for IPO Podcast: Play in new window | Download

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