Photocopying Patented
October 6, 1942
Chester Carlson is issued a patent on a process called electrophotography, now commonly known as photocopying. It was not until 1946 that a company had any interest in pursuing photocopying commercially. The Haloid Company finally licensed Carlson’s patent and created the word xerography to differentiate the process from traditional photography. Eventually, photocopying became such a large part of the company’s revenue that Haloid changed their name to Xerox.
Steve Jobs Passes Away
October 5, 2011
After a long battle with pancreatic cancer, technology visionary and founder of Apple Computer, Steve Jobs passes away. Jobs’ contributions to the technology industry are undeniable. Together with Steve Wozniak, Steve Jobs started the personal computer revolution with their Apple II computer. After being forced out of Apple, Jobs went on to found NeXT, Inc. and then purchase Pixar, the company that would redefine the animated motion picture industry. In 1997, Apple purchased NeXT which brought Jobs back to Apple and the technology developed at NeXT was used as the foundation for Apple’s future operating systems, Mac OS X and iOS. By introducing the iPhone and iPad, he ended the PC era he created, kickstarted The New World of Technology and led Apple from the brink of collapse to the most valuable company in the world.
Apple Passes $500 Billion Valuation
February 29, 2012
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.