Tagged: ceo

Michael Dell 0

October 6, 1997: Michael Dell Says I’d Shut Apple Down

1997 – Gil Amelio just was just removed as CEO of Apple. People were calling for Steve Jobs to return, but others thought that would be a bad investment. At a Garner Symposium, Michael Dell was asked what he would do with Apple. He came back in saying: “I’d shut it down and give the money back to the shareholders.” – Michael Dell Had Apple done that, we might see a completely different market out there. Then again, we might just see the OS X as the NeXT OS on a regular PC – with NeXTpods and NeXTpad (instead of...

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Netflix 0

September 19, 2011: Netflix Qwikster,1995: AT&T Acquired NCR

2011 – Netflix CEO Reed Hastings made one of the biggest blunders of 2011 when he announced not only was the DVD section of Netflix getting a new name, but also that section was up for sale. Qwikster brought a lot of attention rapidly for two reasons – 1. It was close to Amway’s spin-off Quixster, and 2. Qwikster used to be the twitter handle of a pot-smoking Elmo character. Since then, Hastings apologized and the company reeled back the statement. However, it was not before they lost 2/3 of their stock and over 800,000 subscribers. Currently, their stock is...

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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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Wang 0

August 18, 1992: Wang Files for Bankruptcy

Wang Computers had been growing, but their financial outlook didn’t seem good. In 1992, they filed for Bankruptcy protection. They eventually got out of bankruptcy, but not before they changed the scope of the business. They changed to Wang Global, then in 1999 were bought out by “Gentronics” 2011 – CEO Leo Apatheker made an announcement HP will be focusing on Enterprise, and putting the PC division on sale. This sale did not include the WebOS software. He instantly discontinued the HP TouchPad tablet and Pre series of smart phone. By the evening, most stores would discount the TouchPad to...

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Microsoft Logo 0

August 13, 2008: Datallegro, XPrime and Microsoft

Datallegro – a warehouse application – had been sued by XPrime, where Cary Jardin (CEO of Datallegro) used to work. Datallegro was in mid acquisition by Microsoft at the time. The acquisition completed on Sept 16, 2008. The suit was analyzed by critics as “not relevant”. No word on how that suit ended. Full Day in Tech History podcast show notes for August 13 ICCP is founded Atari sues Amiga Apple’s Rooftop is burning Podcast: Play in new window | Download

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Redhat 0

August 11, 1993: Red Hat Goes Public

Red Hat is a Linux distribution  and a vendor. They are on the S&P 500 company list for it. Founded in 1993, this company has provided a more professional type of open source software – giving pay support and Enterprise editions for IT pros. CEO Bob Young brought the company to this point. They filed for IPO in 1999. It turned out to be one of the largest Wall Street Gains in history. They put up 900,000 shares of common stock. Red Hat spiked at $136 a share, but is currently at $57 Also, Palm released the Palm VIIx and Vx handheld computers. VIIx...

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TRS80-4 0

August 3, 2005: Mozilla Corporation Established, 1977: TRS-80 Model I

2005 – To handle revenues, the Mozilla Foundation established the Mozilla Corporation. This taxable organization can skirt any legal issues the Foundation would endure for being a non-profit organization. A board of directors brought Gary Kovacs on as CEO to the Mozilla Corporation.It was the first computer based on the Zilog processor. 1977, Lewis Kornfeld announces the TRS-80 Model I microcomputer. This 8-bit computer had 4KB RAM, 4KB ROM, 12-inch RCA video, and came with the CP/M OS. The computer was $399.95, but add all the extras and it would come to $599.95. The computer was presented by Lewis Kornfeld, president...

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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...

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