1981 – RCA put its Selectavision laser disc players on the market. Soon, the product was called “the Edsel of the entertainment field.” – After the Ford Edsel automobile that failed miserably. The units cost $500 and the videodiscs about $15 each. The units failed to catch the consumer’s fancy.
1985 – IBM announced that it was planning to stop making the PCjr consumer-oriented computer. The machine had been expected to dominate the home computer market but didn’t quite live up to those expectations. In the 16 months that the PCjr was on the market, only about 240,000 units were sold.
And this week in 2006 – The social media site Twitter is founded. Now, after only 11 years, the popular social media platform has over 319 million active users