Book retailer Barnes and Noble releases their first Nook e-reader to compete with the highly successful Amazon Kindle, released two years earlier.
IBM delivers the first two IBM 7090 mainframe computers. One of the first commercially produced fully-transistorized computers, the 7090 and the later 7094 were notable for being used by NASA to control the Mercury and Gemini space flights along with many other significant scientific and government applications in the 1960’s. Some 7090’s were even used through the 1970’s into the 1980’s.
Atari introduces their first product, Pong, which would become the world’s first commercially successful video game. The popularity of Pong sparked the beginning of the video game industry with Atari being the leader in both arcade and home video gaming industries through the early 1980’s.
Just in time for the Christmas shopping season, 57 units of the first commercial instant camera, the Polaroid Land Camera Model 95, go on sale at the Jordan Marsh department store in Boston. Producing sepia toned photographs in about one minute, the Model 95 became a hit almost as quickly. Polaroid believed that 57 units would be enough last through Christmas. All 57 units and all the film available were sold on the first day. It was simple to use, portable, and the instant gratification that came from the self-developing film made the camera very popular. The name “Land” came from the camera’s inventor, Edwin H. Land, who was also the company’s founder. Nearly one million Model 95’s were produced, setting the stage for Polaroid’s flagship product line, making the company’s name synonymous with instant film and the cameras that used them. True black-and-white instant film was released in 1950, but Polaroid didn’t create color film until 1963. Polaroid produced their instant film cameras until 2008.
November 26, 1996
United States Patent 5,579,430 is granted to the Fraunhofer Institut in Germany for a “digital encoding process”, the technology used in MEPG Audio Layer III, more commonly known as MP3. MP3 technology paved the way for the digital music industry by creating a high-quality format that was compressible so that many songs could fit on the relatively small data storage devices of the time. Fraunhofer had started work on compressing music as far back as 1977, began work on what would become MP3 in 1987, and was awarded a patent in Germany in 1989.
November 26, 1976
Bill Gates and Paul Allen register the trade name “Microsoft” with the Office of the Secretary of State of New Mexico. Previously, Gates and Allen had been working under an informal partnership known as “Micro-soft”, a combination of Microcomputer and Software. The partnership continued for several more years until Microsoft incorporated in July of 1981, just prior to the introduction of the IBM PC.
November 25, 2002
Digital media software company Roxio purchases the assets of the former Napster, including name, logo, domain name, technology portfolio, and other intellectual property. Napster was the peer-to-peer file sharing service that changed the music industry forever, facilitating the easy sharing of music, much to the chagrin of the established music industry. The RIAA sued Napster causing a judgement against the file-sharing service requiring them to monitor its network for copyright infringing material and restrict access when made aware of such incidents. Napster could not comply with this court order and shut down its service before declaring bankruptcy in 2002.
Roxio was the first company to attempt to use the Napster brand for a music service, renaming Pressplay as Napster 2.0. In September 2008, Best Buy purchased the Napster service for $121 million, before merging it with the Rhapsody service in December 2011.
AOL announces it will buy Netscape Communications in a stock-for-stock deal worth approximately $4.2 billion. At the time it was considered a move by AOL and Netscape to merge forces to better compete with Microsoft in the browser and Internet provider markets. However, Microsoft’s dominance in the personal computer market could not be stopped and the Netscape browser lost almost all marketshare to Internet Explorer. In 2003 Microsoft settled a monopoly lawsuit with AOL (then merged with Time Warner) for $750 million over the loss of value of Netscape. AOL itself, once a dominant Internet Service Provider, slowly lost their subscriber base with the evolution of broadband Internet in the 2000’s and operates primarily as a media conglomerate, although their dial-up service still subscribes approximately 2 million users as of 2013.
Blizzard Entertainment releases the massively multiplayer online role-playing game World of Warcraft. World of Warcraft is currently the most popular online game in history.