1995 – Commodore Brought by German Company
German electronics company Escom AG paid $10 million for the rights to the name, patents and intellectual property of Commodore Electronics Ltd. A pioneer in the personal computer industry, Commodore halted production in 1994 and declared bankruptcy. Escom AG planned to resume production of Commodore personal computers, including its most recent model, the Amiga. The company later sold its Amiga rights.
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2000 – Love Stinks
The Love Letter computer virus, aka the “ILOVEYOU” bug, spreads to personal computers running Windows around the world in just six hours. Spreading through e-mail, the virus entices victims to open the message with the subject of “ILOVEYOU”. About 2.5 to 3 million PCs will become infected. The cost of system downtime is later estimated at $8.7 billion. It is thought to be the fastest-moving and most widespread virus in history.
2004 – Apple announced that Steve Jobs would kick off that year’s Worldwide Developers Conference by talking about Mac OS X 10.4 Tiger.
2008 – Microsoft Pulls Yahoo Offer
After months of bid negotiations and Yahoo’s Jerry Yang saying “No”, Microsoft decided to take their $50 billion dollar offer off the table. Although Microsoft pulled the offer, it was not the last time we would hear about it. Carl Icahn would lead a charge to try and re-instate selling or have Yang off the Yahoo board.
On February 1st, 2008, Microsoft offered $45 billion ($31/ Share) to purchase Yahoo! ultimately, in 2009 Carol Bartz sold Yahoo search technology to Microsoft in a 10-year agreement, which (in an updated agreement on April 2015) may be terminated on October 1st, 2015.
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