Gadgets, lab surprises, odd bets, and future-shocks from this slice of the calendar.
The Sounds of
Popular recordings and roots/country selections associated with the year
HEADLINES ON January 5, 1994
Full News Archive
- Headline: Citibank Partners with Apple for Discounts. Impact: This partnership led to the modern era of tech-centric credit cards, which eventually resulted in people buying overpriced gadgets they didn't need on credit. And thus, the cycle of debt and regret began, giving birth to countless YouTube videos of regretful shoppers.. Fact: Did you know that the average person spends more time choosing a Netflix show than researching a new laptop? Clearly, the real tech revolution was indecision!.
- Headline: Bargain-Hunting in Atlanta's Office Market. Impact: I.B.M.'s decision to shrink its footprint in Atlanta triggered a wave of opportunistic entrepreneurs who thought they could just stroll in and claim office space, leading to a surge in artisanal coffee shops and co-working spaces. Now, everyone thinks they can be the next big tech giant from a desk with a potted plant.. Fact: Fun fact: In the world of real estate, a million square feet of office space is apparently just a 'contraction'. In human terms, that's called a 'massive existential crisis'!.
Wall Street Time Machine
ORCL
Oracle
Oracle - If you invested $1,000 in 1994, it would be worth $159,565 today (159.6x return)