Tagged: ceo

Yahoo! 0

July 29, 2009: Yahoo Search Sold to Microsoft

We dealt with the big buyout bid fight between Microsoft and Yahoo back in 2008. Of course, the outcome was that Yahoo’s CEO Jerry Yang stepped down and Carol Bartz took the reigns. However, Carol did make a bold move in 2009 as she agreed to a deal with Steve Ballmer. Microsoft would get Yahoo Search engine technologies and create a search engine for Yahoo. In return, Yahoo would handle advertising for premium search advertisers. This was a ten year deal.BTW – Recent news stated that Yahoo.jp is using Google in Japan. While it did put a snag in the...

Play
Amazon.com 0

July 16, 1995: Amazon Goes Online, Happy Birthday Orville Redenbacker

Fluid Concepts & Creative Analogies: Computer Models of the Fundamental Mechanisms of Thought. That was the first book Amazon sold on July 16th, 1995. The company ran from their garage in Bellevue, Washington. 3 SPARC machines was all they had and a cool little mechanism that rung a bell every time a book was sold. The business model was set to make profit in 5 years. It was a good thing, because that may have helped it survive the dot com bubble. 17 years later, Amazon is going strong. Purchases of companies like WOOT! and Zappos!, along with the introduction...

Play
John Sculley 0

June 18: Phi Day! 1993: John Scully of Apple,2007: Terry Semel of Yahoo Step Down

1993 – After a 10 year run and new focus on Politics – along with a failed promise to catch up to the PC market – John Sculley was removed of his CEO role at Apple by the board of directors. They immediately hire Michael Spindler, who was instrumental in the introduction of the PowerPC. However, he eventually would get ousted and replaced by Gil Amileo, which would get ousted and replaced by Steve Jobs. 2007 – Terry Semel was under pressure  by the board because of dissatisfaction of his compensation. Terry was brought in to create a partnership with...

Play
Netflix 0

May 29, 2002: Netflix Filed IPO

2002- Netflix, the rental movie-by-mail service, initiated their Public offering. They sold 5,500,000 starting at $15 a share. They sold an additional 825,000 the next day. Of course, the Netflix stock has fluctuated over the years, including 2011, when CEO Reed Hastings tried to split their online and DVD rentals, then announced Qwikster – with hopes to sell that side of the company. Of course, he retracted that statement, but not before loosing 2/3 of stock price (was at $291 in 2011, now at $70 / share). Full Day in Tech History podcast show notes for May 29 Vim 4.0 is released believeinkids.com...

Play
Phantom Console 0

May 16, 2006: Phantom Console Pump and Dump Scheme

2006 – Phantom Entertainment former CEO Timothy Roberts was accused of running a Pump and dump scheme on the Phantom console – a Game system that never came to market. In 2004, he hired a promoter to send faxes stating the Phantom system would ship January 2005. Of course that drove up stock prices in which investors could profit on, including Roberts and the promoter (who got 4 million shares of restricted stock) Full Day in Tech History podcast show notes for May 15 Spaghetti-O’s are introduced Sugar Labs extends Sugar OS to EeePC OS X Tiger vs. Tiger Direct ruling....

Play
Prodigy 0

May 12, 1996: Prodigy Takeover from IBM

1996 – IBM and Sears and Roebuck lose Prodigy due to takeover. They sell their interests to a group of investors – led by Prodigy Management: founders of Boston Technology and International Wireless.  Ed Bennett, CEO of Prodigy takes the lead in this acquisition. Carlos Slim Helu – Owner of Telmex – then provided Internet access for Mexico and Latin America.Ultimately, Prodigy went public in 1999 and stayed that way until bought out by SBC (AT&T). Full Day in Tech History podcast show notes for May 12 MITS receives a retraining order for Microsoft on the 8080 BASIC XBOX360 is unveiled...

Play
Microsoft Logo 0

March 26, 2001: Microsoft Tablet PC Initiative

2001 – The reason why I decided to highlight this event is to make you aware that Tablets are not a new thing. Computer companies have been trying to perfect the tablet for many years. in 2001, for example, Microsoft CEO Bill Gates introduces the Tablet PC initiative. Using a Crusoe processor and the XP OS, he shows off a touch screen with Microsoft Notebook handwriting recognition software. This 3 pound revolution weighed only 3 lbs and would cost the average consumer $2,000 – 3,500. Wikazine – Full show notes for March 26 First World Altair Computer Convention is held in...

Play
Apple Newton 0

February 27, 1998: Apple Discontinued Newton

1998 – After Steve Jobs takes the role of Acting CEO (After the firing of Gil Amelio) he decides to trim some of the product fat. In result, the Apple Newton – it’s attempt at a PDA – was officially discontinued after 5 years.  But not all was lost off this, for the mobile applications got shifted into their other Mac OS technologies. Cyberdog and OpenDOC were two other Apple programs that were discontinued after Jobs took the helm again. Wikazine – Full show notes for February 27 Netscape makes their source Code available Google relaunches Jotspot Podcast: Play in new...

Play