On This Day in Tech History

Stories PublishedJune 18Throughout History
Historic Tech Events
Facebook went public at $38.00 a share price

Facebook went public at $38.00 a share price

2012

Facebook, now Meta Platforms Inc., debuted on the stock market through its initial public offering (IPO) on May 18, 2012. The social networking giant's IPO was one of the most substantial and eagerly awaited in history. On that day, FB shares concluded trading at $38.23, just a tad higher than the IPO price of $38.00.

The US Department of Justic and 20 states sued Microsoft for antitrust practices

The US Department of Justic and 20 states sued Microsoft for antitrust practices

1998

On this day, the U.S. Department of Justice, along with 20 state attorneys general, filed a landmark antitrust lawsuit against Microsoft. The suit alleged that Microsoft had used anticompetitive practices to maintain its monopoly in the PC market, particularly through the bundling of its Internet Explorer browser with the Windows operating system. This case became a significant moment in tech history, highlighting the challenges of regulating dominant tech companies and shaping future antitrust policies​

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India conducted its first nuclear test

India conducted its first nuclear test

1974

On this day, India conducted its first successful nuclear bomb test, known as "Smiling Buddha," in the Rajasthan desert. This event marked India as a nuclear power on the global stage

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