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 July 1, 2002
Full News Archive
- Headline: Komag Inc: Resilience in Disk Drive Industry. Impact: Komag Inc's bankruptcy paved the way for tech giants to dominate the storage market. In a twist of fate, their struggles inspired a generation of startups to create cloud storage—because who doesn't want to pay monthly fees for the privilege of having their data float around in invisible space?. Fact: The only thing faster than disk storage capacity increasing? The rate at which companies go bankrupt trying to keep up with it!.
- Headline: Rilya Wilson's Disappearance and Child Welfare Crisis. Impact: The tragic case of Rilya Wilson exposed the cracks in child welfare systems nationwide, leading to an influx of reforms that were mostly just band-aids on a gaping wound. It's almost as if politicians think that throwing money at problems solves everything—who knew?. Fact: Florida's child welfare system has been likened to a sinking ship; the only difference is that they haven't bothered to launch any lifeboats..
- Headline: Executives Debate Transparency vs. Deception. Impact: The cover-up culture of corporate America took a deep dive into the rabbit hole, leading to a series of scandals that made people wonder if honesty was just a fad. Spoiler alert: it was.. Fact: In corporate America, the phrase 'come clean' is often met with confused stares, as if it were a foreign language..
- Headline: Ronaldo's Sweetest Vindication. Impact: Brazil's victory not only secured their fifth World Cup title but also set off a global craze for soccer, making it the world's most beloved sport. Little did they know, this would lead to the 12th reprint of 'How to Be a Soccer Dad' in 20 years.. Fact: Ronaldo's success was so sweet that there are rumors candy companies considered naming a chocolate after him—'Ronaldo's Victory Bar,' anyone?.
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)