In a verdict over two hundred pages long, Judge Sherman Christensen validated the allegations IBM and Telex brought against each other. Specifically, IBM is accused of monopolizing the market for pluggable devices, such as external drives. The court awarded Telex more than $350 million and IBM is awarded a series of penalties totaling roughly $22 million. The court also prohibits IBM from bundling hardware with its own software, triggering a flood of similar lawsuits from other companies, including CalComp, Memorex, and Marshall Industries.
A German hacking group called the “Data Travellers" make national headlines after hacking into the NASA network and several top secret installations.
The notorious hacker “Fry Guy," who was vaunted into fame by Bruce Sterling's book 'The Hacker Crackdown' is sentenced to forty-four months probation and four hundred hours community service. While his name is withheld from the press, it is widely publicized that he is a sixteen year-old from Elmwood, Indiana.
Microsoft officially became the nation's most valuable company, with a total stock value of $261.1 billion.
eBay announced that it will ban the auction of alcohol and tobacco products from their site starting in thirty days.
Microsoft released the MS-DOS operating system version 8.0.
Microsoft released Windows ME (Millenium Edition) as a successor to Windows 98. Though the Operating System sold a quarter of a million copies in just the first four days of its release, it will ultimately be a notorious failure in terms of popularity, opinion, and security. By and large, Windows 2000 will prove the more successful and popular system, as ME featured only an upgraded version of DOS and a few superficial branding changes. It was initially offered at a promotional price of $59.95 as an upgrade for Windows 98 through January 15, 2001.
An unnamed seventeen-year old Massachusetts teenager pleaded guilty to nine counts of juvenile delinquency for a series of highly publicized hacks, the most infamous of which was an incident in which he posted candid photos and contact information swiped from Paris Hilton’s phone through the T-Mobile network. He was sentenced to eleven months of detention at a juvenile facility until his eighteenth birthday. As an adult he would then remain on supervised release for two years, barred from using a computer, cell phone, or any other electronic equipment with Internet capabilities. Also among his alleged crimes was the hacking of LexisNexis.