Tech History: June-July-August 1998

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Windows 98 Debut/Microsoft Dominates Period

USB Is Here!

Geek Brain - Windows 98 logoJune – Microsoft debuts Windows 98 – with more bells and whistles than Windows ’95.

IBM, the world’s largest computer maker, agrees to feature software from AOL on its personal computers.  The software will be installed on IBM’s Aptiva and ThinkPad models…

 The FTC files an antitrust lawsuit against Intel Corp, alleging that the chip maker used its monopoly power to cement its dominance over the microprocessor market…

NBC agrees to buy a 4.99% stake in online content company CNET and a 19% stake in CNET’s Snap service. …

Walt Disney Co. agrees to buy a 43% stake in Infoseek Corp…AT&T says it will buy cable giant TCI in an all-stock deal. The transaction is valued at $48 billion. It will give AT&T access to local phone markets as well…

tech history 1998CompUSA Inc agrees to by Computer City from Tandy Corp for $275 million – a deal that would combine the nation’s two biggest personal computer retailers.   

 July –  Internet stocks are hot. Yahoo Inc. zooms $26.38 to a record $199.25 for a 15% one-day advance. Some soared more than 50% in a day. Buying pressure is coming not from seasoned Wall Street professional’s adept at playing risky stocks, but from individual investors who appear to be falling over themselves trying to make a quick killing. Internet stocks have rallied feverishly since February…

Buzz in computers – USB(universal serial bus) ports. USB can support a variety of peripherals via a hub that two to seven additional ports can plug into. It also moves data fast. Look for more peripherals to use USB plugs. Windows 98 has extensive USB support, unlike Windows 95. Apple recently announced that its iMAC consumer Macintosh, to be released in August, will also rely on USB instead of Apple’s ADB (Apple Desktop Bus)…

Microsoft billionaire Paul Allen announces he will purchase Charter Communications in a deal valued at $4.6 billion….

Microsoft says more than a million PC users had upgraded to Windows 98 as of July 16 – just three weeks after it was released….

Bell Atlantic Corp and GTE announce they will merge in a $55 billion stock deal…. Amazon.com says its second-quarter loss widened even though it had more customers…

August – Microsoft announces plans to build a 35-acre Silicon Valley campus for the employees now scattered around the Bay Area. The location is Mountain View, not far from rival Netscape Corp…

 tech history gary west dell 1998Dell, the largest direct seller of computers reports its quarterly profit rose 62%, dethroning Compaq Computer Corp as the nation’s #1 seller of desktops…

Intel announces new versions of its Celeronmicroprocessor. The new Celerons, running at 300 and 333 megahertz, should solve the speed problem by correcting the lack of a cache – or short-term memory used to speed data processing. Although it only has 128 kilobytes of cache, compared with a 512K cache used by the Pentium II processors – the Celeron’s 128K caches are integrated on the same chip as the processor, making about as fast as the Pentium II… 

Amazon.com – a top Internet shopping site announces it will acquire Junglee Corp. of Sunnyvale, CA, a leading search tool for gathering information simultaneously from a range of online shopping sites, and PlanetAll, a Web- based calendar, address book and reminder service…

Compiled By Tech Historian Gary West

Author

Gary West

Historian Gary West built his first website in 1998 with www.pophistorynow.com. That addressed now forwards to www.mrpopculture.com - an amazing pop culture/news database with 25,000 pages, covering the years 1955-2014. He's also the author of www.technologynewstimeline.com - covering consumer technology from 1952 to the present. West has been a contributor to numerous books, radio-TV shows, CNN & USA Today & the History Channel.

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