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IBM was founded as the Computing-Tabulating-Recording Company in Endicott, New York on this date in 1911, as a merger of four business-machine companies. Renamed the International Business Machine Company in 1924, IBM as of 2012 was the second largest corporate workforce (435,000 worldwide) and the ninth most profitable. According to research by Edwin Black, author […]
Read MoreKoch Was Not Alone in Aiding the Nazi War Machine by Dusty Sklar JANE MAYER’S RECENTLY PUBLISHED Dark Money: The Hidden History of the Billionaires Behind the Rise of the Radical Right, is causing a stir. She reports that Fred C. Koch, the father of billionaire rightwing political activists Charles G. and David H. Koch, […]
Read MoreAlan L. Haberman, the supermarket executive who campaigned for acceptance of universal product coding (UPC) — the bar code — died at 81 on this date in 2011. UPC technology was invented by Norman Joseph Woodland and Bernard Silver, students at the Drexel Institute of Technology in Philadelphia, who patented their invention in 1952. However, […]
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