JULY 21, 2000

Full News Archive

• Headline: Greenspan's Caution on Rate Increases. Impact: This moment sparked a chain reaction of economic theories and debates that would baffle future economists. Had Greenspan just given the economy a hug instead of a rate increase, we might be living in a world where unicorns manage our finances.. Fact: Did you know that Alan Greenspan once played the saxophone? Imagine if he had stuck to jazz instead of interest rates—perhaps we’d all be living in a groovier economy!.
• Headline: Explore Autos: Surf or Turf Challenge. Impact: This event inspired a generation of inventors who believed that if cars could surf, so could they. Fast forward to today, and we have surfboards equipped with GPS and Wi-Fi. Because who wouldn’t want to tweet while riding a wave?. Fact: Did you know that the first car was invented in 1885? So, if you think cars today are high-tech, just remember that their great-great-grandparents were basically horse carriages with a little bit of sass..
• Headline: F.C.C. Promises Close Scrutiny Of German Bids. Impact: This decision instigated an ongoing saga of international telecom intrigue, where spies began infiltrating corporate boardrooms, leading to the creation of a new genre of espionage films. Move over, James Bond!. Fact: The FCC was established in 1934. So, you could say they've been regulating communications longer than some people have been regulating their diets. Irony, much?.
• Headline: New Warning, And Deeper, From Lucent. Impact: This warning sent shockwaves through the tech world, causing a ripple of panic that would eventually lead to a decade-long obsession with smartphones. Thanks, Lucent, for paving the way for our collective addiction!. Fact: Lucent Technologies was once a part of AT&T, which is like saying that a popular band broke up but one member went solo and became a household name. Rock on, Lucent!.