Breakthroughs and everyday innovations from the year.
HEADLINES ON January 27, 2003
Full News Archive
- Headline: Tina Brown's New TV Venture on CNBC. Impact: Tina Brown's foray into television sparked a revolution in financial news that ultimately led to the rise of a new genre: reality financial shows where contestants compete to save a fictional company. Spoiler alert: they all lose and the company goes bankrupt.. Fact: Fun fact: Tina Brown once said that her idea of a thrilling evening involves a glass of wine and a good debate about the economy. Because nothing says 'party' like discussing interest rates!.
- Headline: Selling Sponsorships: A Bridge Too Far?. Impact: Bloomberg’s bridge sponsorship idea resulted in the naming of bridges after fast-food chains, leading to a nationwide obesity crisis that could be traced back to the 'Golden Arch Bridge' and its famed cheeseburger traffic jams.. Fact: Did you know that if you stand on the 'McBridge' at noon, you can actually hear the sound of heartbeats increasing in the vicinity? It's the sound of people realizing they might have to walk instead of drive through the drive-thru!.
- Headline: Newsweeklies Agree to Pact On Allegations Of Collusion. Impact: The collusion allegations led to the rise of independent news outlets that operated out of basements and coffee shops, eventually giving birth to the hipster news revolution where people only report on stories that can be told in under 280 characters.. Fact: Did you know that after signing the consent decree, the editors of New Times Media and Village Voice Media started a book club? They only read 'How to Be a Better Conspirator' by John Doe. Spoiler: it’s mostly about how to not get caught!.
Wall Street Time Machine
AAPL
Apple
Apple - If you invested $1,000 in 2003, it would be worth $1,226,446 today (1226.4x return)