Tagged: hasbro

Atari 0

July 30, 1996: Atari, JTS Merger Approved

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 The Lisa Project starts The PowerPC alliance Time Warner joins the WiMAX revolution Podcast: Play in new window | Download

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Y2K 0

July 20, 2012: Dark Knight Rises,1999: Y2K Act Gives Government Protection

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...

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Tootsie Roll 0

February 23, 1896: Tootsie Roll Introduced

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. Wikazine – Full show notes for February 22 Texas Instruments recalls the TI-99/4a for a short in the system JTS Corp sells Atari to HIACXI, who is owned by Hasbro Comcast OnDemand is launched Podcast: Play in new window |...

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Atari 0

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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G.I.Joe 1964 0

February 2, 1998: AOL Takes Over Compuserve, 1964: G.I.Joe Released

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. 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...

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