On This Day in Tech History

Stories PublishedOctober 14Throughout History
Historic Tech Events
ERMA System Revolutionizes Banking

ERMA System Revolutionizes Banking

1959

The acceptance of the ERMA system by Bank of America on September 14, 1959, marked a significant milestone in the history of computing as it was the first large-scale deployment of computer technology for financial transactions, paving the way for modern banking as we know it today.

Karl Marx's Das Kapital: Critique of Capitalism

Karl Marx's Das Kapital: Critique of Capitalism

1867

On September 14, 1867, Karl Marx published the first volume of "Das Kapital," a seminal work in economics and social theory. The book examines the economic principles of capitalism, analyzing the exploitation of workers and the accumulation of wealth by capitalists. Marx argued that capitalism inevitably leads to class struggle and revolution, with the ultimate goal being a classless society where the means of production are owned and controlled by the workers. Despite being a controversial figure, Marx's ideas and theories have had a profound impact on modern political and economic thought and continue to be studied and debated by scholars around the world.

Windows ME: Consumer-friendly, but Plagued with Issues

Windows ME: Consumer-friendly, but Plagued with Issues

2000

Microsoft released Windows Millennium Edition on September 14, 2000, also known as Windows ME. The operating system was marketed as a consumer-friendly upgrade to Windows 98, with new features such as System Restore, which allowed users to revert their system to a previous state in case of errors or crashes. However, Windows ME was plagued with stability issues, and many users experienced frequent crashes and other problems. It also lacked support for legacy hardware and software, leading to compatibility issues. As a result, Windows ME was widely considered one of the worst operating systems ever released by Microsoft, and it was quickly superseded by Windows XP just a year later.

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