Breakthroughs and everyday innovations from the year.
HEADLINES ON June 3, 2002
Full News Archive
- Headline: Corporate Pushback Against Microsoft's Expansion. Impact: The formation of the Liberty Alliance marked the beginning of a secret war against Microsoft, which ultimately led to the rise of countless useless tech acronyms and the invention of a device that only serves to store passwords for all the other devices you forgot your passwords for.. Fact: Did you know that Microsoft once tried to trademark the term 'Internet'? That's right, they were just a step away from charging you for the air you breathe while browsing..
- Headline: Tyco Chief Faces Sales Tax Investigation. Impact: The investigation into L. Dennis Kozlowski's alleged tax evasion sent shockwaves through corporate America, resulting in a new sport: corporate dodgeball, where executives dodge responsibility instead of balls. It's now an Olympic event in certain boardrooms.. Fact: Did you know that dodging taxes is not only illegal but also a great way to win friends in high places? Just ask any board member!.
- Headline: Castillo's Impression Of Martínez Fools Yanks. Impact: The Red Sox's victory over the Yankees, thanks to Castillo's impressive impression of Martínez, led to a series of impersonations that spiraled out of control. It eventually caused a rift in the space-time continuum, resulting in a baseball dimension where everyone exclusively plays as their favorite player.. Fact: Did you know that Castillo's impression was so good that even the Yankees started calling him 'Martínez' out of respect? Irony at its finest in the world of sports!.
Wall Street Time Machine
NFLX
Netflix
Netflix - If you invested $1,000 in 2002, it would be worth $785,671 today (785.7x return)
AAPL
Apple
Apple - If you invested $1,000 in 2002, it would be worth $779,032 today (779.0x return)