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    On This Day in Tech History

    Stories Published May 18 Throughout History

    2024

    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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    2018

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    Published on May 18, 2018