The first moon landing, virtual reality abandoned and fears of the Y2K bug grow. All on today’s On This Day from TestHuddle.
1969 – The first Moon Landing
Not a overtly technology related event, but a very historic event none the less. At 20:18 (UTC), the lunar module Eagle set down on the moon. Neil Armstrong would be the first man to set foot on the moon some six hours later.
1995 – Hasbro drops virtual reality
The CFO of games company Hasbro, John O’Neill, announces that the company has scrapped plans to develop a Virtual Reality game. The company had spent three years and approximately $59 million on research and development on the product. The company had hoped to retail the product at US$300 but said it realised that it would cost far more than this.
1999 – Fears of the Y2k bug grow
United States President Bill Clinton signs legislation into law to protect companies against possible lawsuits related to year 2000 (Y2K) computer breakdowns. There is a growing fear that issues surrounding the expected bug could mean litigation costs could of US$1 trillion if computer systems fail.
If you would like to add anything to these events, feel free to comment below.