Mir Falls From the Sky

MirMarch 23, 2001

The Russian space station Mir burns up in the Earth’s atmosphere after fifteen years in orbit. The debris that isn’t burned up falls safely into the Pacific ocean between Chile and New Zealand, in a region from which governments had routed planes and ships away. The station, which was launched in 1986, far exceeded its intended lifespan of five years.

 

The First Commercial Elevator

March 23, 1857

The world’s first commercial “safety elevator” goes into service at Haughwout Department Store in New York City. Created and installed by Elisha Otis it was powered by a steam engine which moved at a rate of 40 feet per minute and took 15 seconds to move between floors. By the 1870’s there were 2000 Otis elevators in service. The creation of a practical and safe elevator was a major step towards the development of modern skyscrapers since it made buildings with more than a few floors accessible to the general public. Ironically, this first elevator was shut down after 3 years because not enough customers wanted to use it! 

Apple Passes $500 Billion Valuation

Apple-StockFebruary 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

1024px-Tokyo_Sky_Tree_2012

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.