This week in 1923 – A great improvement in radio receivers was advertised. The new models had a concealed speaker and eliminated the need for headphones, which were considered a nuisance because they were heavy to wear and messed up hairdos. The new radios were also said to have a ‘foolproof’ design.
1931 – Schick, Inc., the razor company, displayed the first practical electric shaver. The new razors sold for $25, which is about $360 today and they sold about 3,000 in the first year. By 1937, 1.5 million razors were in users’ hands.
1985 – The first Internet domain name, symbolics.com, was registered for free. By 1995, domain names were no longer free to register and the company Network Solutions managed the registration process. Domain registration prices were $100 for two years of registration per domain name. By 2014, most .com domain name registration prices were about $10-$15 annually.