1994 – US Companies Get Aid from Government
The Clinton administration unveils a multimillion-dollar program to aid
US companies that make flat-panel display screens as part of an effort to help
the industry stay afloat in light of Japanese domination of 95 percent of the
industry. The funding comes partly from the Defense Department, for use of flat
screens on military equipment. The flat-panel display market had previously
been limited to laptop computers.
2001 – Dennis Tito became
the first “space tourist” in human history paying his own way to the
International Space Station aboard a Russian Soyuz spacecraft.
2003 – iTunes Music Store Launched; Record Execs Wet Themselves
Apple Computer launches the iTunes Music Store. The store sells music
for 99¢ song for use with the Apple iPod and iTunes software. It is not the
first service to sell digital music, but it will become the first to gain
widespread popularity. The service will be an instant success, selling over one
million songs in its first week and going on to change the music industry forever.
The iTunes Music Store is now the #1 music retailers in the United States,
surpassing Wal-Mart in 2008.
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