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 August 23, 1996
Full News Archive
- Headline: Chase and Softbank Launch Venture Fund. Impact: If Chase and Softbank hadn't decided to invest in the internet, we might still be using dial-up and sending smoke signals instead of memes. You're welcome, world.. Fact: Chase's investment was like giving a toddler a sugar rush; it led to a tech boom that would have them bouncing off the walls for decades. Who says finance can’t be fun?.
- Headline: Skepticism Surrounds Dole's Tax Promises. Impact: Bob Dole's tax plan skepticism led to an endless cycle of political promises and voter disillusionment. It's like a bad sitcom that just won't get canceled.. Fact: This rally was probably the last time anyone cared about tax cuts until the next election cycle—so, like, next Tuesday..
- Headline: NEW VIDEO RELEASES. Impact: The release of 'Mary Reilly' was a pivotal moment in home video history—because it taught everyone how to press 'eject' faster than you can say 'what was I thinking?'. Fact: Janet Maslin's review probably had more plot twists than the actual movie. Spoiler: it was a hard pass..
- Headline: Labor Talks Move Beyond A Debate on Service Time. Impact: The baseball players and owners engaging in a tug-of-war over service time created a ripple effect that turned negotiations into Olympic sports. Gold medals for all!. Fact: This labor dispute taught us that even billion-dollar franchises can’t solve their problems without a good old-fashioned shouting match..
- Headline: Man Admits Repair Fraud. Impact: Nader Emusov's admission of repair fraud kicked off a nationwide frenzy of DIY enthusiasts who thought they could save a buck by watching YouTube tutorials. Spoiler alert: they couldn't.. Fact: Home improvement fraud is the only crime where the perpetrator typically leaves a trail of disappointed Pinterest boards..
- Headline: Pacino's Star Turn in a Pipe Dream. Impact: Pacino's star turn in 'Hughie' reignited interest in theater, leading to a resurgence of dramatic monologues in coffee shops everywhere. Thanks, Al—now everyone thinks they're a poet.. Fact: Vincent Canby's review was so glowing that it probably outshone the actual performance. That’s showbiz for you!.
- Headline: Woods Halfway Home To Third Amateur Title. Impact: Tiger Woods' pursuit of a third amateur title inspired countless kids to pick up golf instead of, you know, actually going outside and playing.. Fact: At this point, Woods was basically the LeBron James of golf, minus the Space Jam sequel—but give it time..
- Headline: Finding a Lover in an Unlikely Place. Impact: The unlikely love story between a gruff petty thief and a gay loner secretly inspired a thousand rom-coms. Who knew crime and love could go hand in hand?. Fact: In real life, this scenario would probably end with one of them getting caught, but hey, it’s a fiction—where love always wins!.
Wall Street Time Machine
MSFT
Microsoft
Microsoft - If you invested $1,000 in 1996, it would be worth $141,245 today (141.2x return)
AAPL
Apple
Apple - If you invested $1,000 in 1996, it would be worth $1,130,051 today (1130.1x return)