CompuServe launches the first consumer-oriented online information
service, which they called MicroNET. This marked the first time a consumer had
access to services such as e-mail. The service was not favored internally
within the business-oriented CompuServe, but as the service became a hit, they
renamed the service CompuServe Information Service, or CIS. By the mid-1980’s
CompuServe was the largest consumer information service in the world and half their
revenue came from CIS. In 1989 CompuServe connected its proprietary e-mail
system, making it one of the first commercial Internet service. However,
CompuServe did not compete well with America On-Line or independent Internet
Service Providers in the 1990’s and lost its dominant market position.
1986
– Computer Maker Honeywell Seeks Partner
Honeywell, a company that joined the early foray into the computer
industry but had faded from prominence by the mid-1980s, announced it was
beginning discussion of a merger of its computer operations with the Japanese
firm NEC and France’s Group Bull. Analysts saw the move as part of a trend of
consolidation in the industry prompted in part by IBM’s control of more than
half the market. Honeywell had experienced a 37-percent drop in its first half
1986 earnings.
1993
– Ultima Online launched, revolutionizing online gaming by supporting thousands
of simultaneous players in a persistent shared world.
1998
– eBay filed IPO
In 3 years since its inception, eBay grew to be a powerful auction site.
Therefore, eBay decided to go public. They offered 9 million shares on NASDAQ
starting at $18 a share. When all is said and done, they closed the day at
$47.375.
2013
– Valve announced their new Steam OS, a free version of Linux built around the
Steam video game service.
2014
– The shellshock vulnerability was made public. The way bash handled variables
could allow malicious code to be run on computers running Linux and OS X. This
meant routers; webcams and other connected devices were also vulnerable.
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