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 17, 1998
Full News Archive
- Headline: Bail Funded by Marijuana Sales. Impact: The decision to sell marijuana to raise bail for a horse killer set off a chain reaction that led to the establishment of the first 'Bail of the Wild' fund, which eventually financed a reality show about pet criminals. Ratings skyrocketed, proving that people will watch anything.. Fact: In an alternate universe, that horse is now a famous influencer with millions of followers. Just think of the sponsorships!.
- Headline: Moe's Journey Post-Olympic Glory. Impact: Tommy Moe's struggles post-gold medal led to a new trend in sports where athletes write memoirs about their failures instead of their triumphs, giving rise to the 'Sad Sports Stories' genre that became wildly popular on social media.. Fact: Moe's knee injury was so severe, it inspired a new line of orthopedic gear called 'Gold Medal Supports'—because nothing says victory like a knee brace..
- Headline: How One Network's Urgency Spelled Riches for the N.F.L.. Impact: CBS’s aggressive negotiations with the NFL not only made football more lucrative but also inadvertently led to the rise of the 'Fantasy Football' phenomenon, where millions began managing imaginary teams instead of their actual lives.. Fact: Little did they know, this would eventually evolve into a sport where the true champions are those who can best ignore their responsibilities while obsessing over players' stats..
- Headline: Microsoft's Troubles Creating Siege Mentality. Impact: Microsoft's antitrust troubles not only created a 'siege mentality' but also inspired a generation of tech companies to adopt the motto 'Better to be feared than loved'—which led to many awkward corporate retreats.. Fact: The entire Seattle area considered changing their name to 'Antitrust Alley' for a brief time, thinking it would boost tourism. Spoiler: It didn’t..
- Headline: Religion Journal; Minister Says 'Amistad' Missed an Opportunity. Impact: Rev. Davida F. Crabtree's critique of 'Amistad' led to a new wave of religious films that focused on the moral dilemmas surrounding historical events, which somehow resulted in a blockbuster called 'Jesus vs. The Pirates.' It didn’t win any Oscars.. Fact: The film was almost titled 'Holy Ship!' but was deemed too irreverent—go figure..
- Headline: Treasury's Ethics Chief Resigns. Impact: Valerie Lau's resignation sparked a firestorm of ethics investigations across the government, inspiring a new reality show called 'Ethics Gone Wild,' which featured bureaucrats trying to cover their tracks while competing for a cash prize.. Fact: The show was canceled after the first season when it turned out that the 'cash prize' was actually just more ethics violations..
- Headline: Sports of The Times; Golfen Goose Just Got Much Fatter. Impact: The NFL's television deal not only made the sport richer but also led to the rise of binge-watching, with viewers now spending more time on their couches than ever before, thus shaping a generation of professional snackers.. Fact: If you stacked all the chips consumed during NFL games in a single season, you'd have enough to create an edible statue of the Vince Lombardi trophy—now that's a win!.
- Headline: Drug Makers at Threshold of a New Therapy; With a Dose of Biotechnology, Big Change Is Ahead in the Treatment of Diabetes. Impact: The push for new diabetes therapies led to a massive surge in biotechnology funding, inadvertently creating a world where the next big thing in health is genetically modified cupcakes—because why treat the disease when you can just eat dessert?. Fact: The cupcakes were marketed with the slogan, 'Now with 50% less guilt!'—because nothing says health like a sugar rush..
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 1998, it would be worth $2,234,025 today (2234.0x return)
AMZN
Amazon
Amazon - If you invested $1,000 in 1998, it would be worth $914,661 today (914.7x return)