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TechiTeens Tech Minute

Tag: Loses

  • IBM Loses $5 Billion

    January 19, 1993 IBM announces a nearly $ 5 billion loss for fiscal year 1992. Several years of losses in the early 1990’s were the result of sweeping changes to the computer industry in the 1980’s that IBM was slow to recognize. Ironically, the biggest catalyst to this change was the rise of the personal…

  • Metallica Loses Their Cool

    April 13, 2000 The heavy metal group Metallica sues Napster, alleging copyright infringement and racketeering. This lawsuit, later joined by Dr. Dre, as well as other lawsuits from the RIAA, eventually caused the original Napster service to shut down and file bankruptcy. However, the Pandora’s Box that Napster opened could not be closed and digital…

  • Metallica Loses Their Cool

    April 13, 2000 The heavy metal group Metallica sues Napster, alleging copyright infringement and racketeering. This lawsuit, later joined by Dr. Dre, as well as other lawsuits from the RIAA, eventually caused the original Napster service to shut down and file bankruptcy. However, the Pandora’s Box that Napster opened could not be closed and digital…

  • Metallica Loses Their Cool

    April 13, 2000 The heavy metal group Metallica sues Napster, alleging copyright infringement and racketeering. This lawsuit, later joined by Dr. Dre, as well as other lawsuits from the RIAA, eventually caused the original Napster service to shut down and file bankruptcy. However, the Pandora’s Box that Napster opened could not be closed and digital…

  • IBM Loses $5 Billion

    January 19, 1993 IBM announces a nearly $ 5 billion loss for fiscal year 1992. Several years of losses in the early 1990′s were the result of sweeping changes to the computer industry in the 1980′s that IBM was slow to recognize. Ironically, the biggest catalyst to this change was the rise of the personal…