Microsoft Buys Full Rights to 86-DOS

About two weeks before IBM begins shipping the first IBM PC, Microsoft buys the full rights to the operating system 86-DOS, formerly known as QDOS (Quick and Dirty Operating System), from Seattle Computer Products for $50,000. Microsoft had previously paid $25,000 to SCP for a non-exclusive license in December 1980 in order to begin porting the operating system to the IBM PC, which used the Intel 8088 processor. Microsoft renamed 86-DOS to MS-DOS and licensed it to IBM as PC-DOS. SCP would later sue Microsoft claiming fraud because Microsoft did not reveal IBM as a licensee. The case was settled in SCP’s favor for 1 million dollars, a fraction of the annual revenue Microsoft was receiving from MS-DOS and PC-DOS.
World’s First Geosynchronous Satellite

Syncom 2, the world’s first geosynchronous satellite, is launched. Syncom 1 was intended to be the first geosynchronous satellite, but an electronics failure rendered the satellite inoperable during the ascent to orbit.
Apple Passes $500 Billion Valuation

The stock value of Apple, Inc. surpasses $500 billion, setting a new record for the company which was already the world’s most valuable company at the time. This day marks a milestone on the historic run for the company from near-bankruptcy in the 1990’s to one of the most, if not the most, dominant technology company in recent history. Apple would later become the first company in history to surpass $700 billion in value in February 2015.
Tokyo Skytree Completed
February 29, 2012
Construction of the Tokyo Skytree broadcast tower, delayed two months due to the 2011 Japan earthquake and tsunami, is completed on leap day – February 29th, 2012. The Tokyo Skytree is the tallest structure in Japan and the world’s tallest tower.

