The Symphonie 2 geostationary satellite is launched. The Symphonie series is the first communications satellites built by France and Germany and the first in the world which were three-axis stabilized on geostationary orbit.
Researchers at the Massachusetts Institute of Technology announce that they have assembled a synthetic gene and implanted it into a living cell of the bacterium E. coli.
Synapse Software Corporation, a Richmond-based software developer, files a US$15 million lawsuit in Santa Clara County Superior Court against Atari for failing to pay more than US$1 million in delivered software.
Atari publicly announces an agreement to buy the Federated Group, Inc. and their 67 stores for US$67.3 million
Intel announces that it will temporarily halt the production of the 50MHz 486DX processor, due to problems in manufacturing and testing.
Compaq announces its Presario line of personal computers, intended to be both user friendly and inexpensive. The Presario features a monitor, modem, and software to access the recently popularized online world through America Online and Prodigy. Price: US$1,399
AMD releases the 350 MHz K6-2 processor. Price: US$317
Texas Instruments announces that they have invented a computer chip manufacturing technology that permits the tiniest transistor ever to be made - .07 microns.
Autodesk reveals plans to lay off about ten percent of their work force following a report that second-quarter earnings have dropped by about ninety-nine percent. Of the 350 workers cut, about 150 will be cut from their San Rafael and San Francisco offices.
Finland begins digital terrestrial television (DTT) transmissions.
Intel releases the 1.9 GHz and 2.0 GHz Pentium 4 processors, crossing a key technology milestone. Price: US$375 and US$562 respectively
Version 6 of the Internet Explorer web browser is released with the Windows XP operating system. This version includes several improvements centered around privacy and security.
AMD releases the Athlon MP processor at 1667MHz and 1800MHz, featuring 256KiB Level-2 Caches and 266 MT/s front-side buses. Code-name: Thoroughbred
Version 7.1.2 of the Fermi Linux operation system, “Top,” is released. Fermi Linux is a catch all designation for Linux distributions used by the Fermi National Accelerator Laboratory (Fermilab), which are based on Scientific Linux.
Acclaim Entertainment shuts down operations due to inability to secure financing.
Intel releases a host of Dual-Core Xeon processor operating at 2.5 GHz for $856 to 3.4 for $1980
Fotolog, a photo sharing network was purchased by Hi-Media Group for $90 Million.
Google launches a Beta of Gears for Safari
After initially sending a DMCA takedown notice, AMC decides to let the fans continue to post fake updates using the show's characters. Kelly Blue Book launches an iPhone friendly site.
Users report a serious security flaw in iPhone 2.0.2 that exposes mail, texts, voice messages, and browser to strangers despite the device being password-protected. The FBI arrest a Los Angeles-area music blogger who had allegedly admitted to streaming tracks of an unreleased Guns N' Roses album on his site. Microsoft and Nikon signed a cross-licensing deal. No details were disclosed, but it does give each company access to the other's patents.
Yahoo! hires Kathy Savitt as CMO. Savitt was CEO at Lockerz -a photo sharing website.