This Day in Business History: Napster Initiates Ripple of Disruption in the Music I ...
June 1, 1999: The world’s first peer-to-peer music sharing site, Napster, launched on this date. Before Napster, music lovers were…
This Day in Business History
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This Day in Business History: Facebook IPOs
May 18 2012: Facebook started trading on NASDAQ as FB, with common stock priced at $38 per share. This gave…
This Day in Business History: Happy Birthday NYSE!
May 17, 1792: Outside of 66 Wall Street, under a buttonwood tree, 24 stockbrokers and merchants signed what became known as…
This Day in Business History: The Chunnel Opens
May 6, 1994: The “Chunnel,” a rail tunnel under the English Channel, officially opened. This 31 mile tunnel connects Folkstone,…
This Day in Business History: McDonald’s Opens First Franchise
April 15, 1955: Ray Kroc opened the first McDonald’s franchise in Des Plaines, Illinois, having purchased the rights to franchise the…
This Day in Business History: Apple Inc. Is Founded By Steve Jobs and Steve Wozniak
April 1, 1976: College dropouts Steve Jobs and Steve Wozniak founded Apple Computers, Inc. The two wanted to make computers small enough for…
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This Day in Business History: Starbucks opens its first doors in Seattle
March 30, 1971: Well before Howard Schultz walked into the picture, a small coffee shop with a name inspired by Moby Dick opened its doors in Seattle’s Pike Place Market for the first time. What started as a humble coffee...
This Day in Business History: Word’s First Internet Domain Is Registered
March 15, 1985: The world’s first internet domain name, symbolics.com, was registered by the Symbolics Computer Corporation of Massachusetts. The international private non-profit Internet Corporation for Assigned Names and Numbers was created in 1998 to maintain domain name coordination; there...
This Day in Business History: Pan Am Airways Takes Flight
March 14, 1927: Initially designed to be just an air mail and passenger service operation between Key West, Florida and Havana, Cuba, Pan Am grew to be one of the most influential and innovative airline companies of the twentieth century....
This Day in Business History: The Birth of the Commercial Typewriter
March 1, 1873: While the history of the development of the typewriter dates back to the 16th century, in the U.S., production on one of the first commercially made typewriters began on March 1, 1873 by E. Remington & Sons, known...