31 events with tag "business"
1700
ID: 467
Double-entry bookkeeping becomes standardized across European merchant houses, providing mathematical proof that books balance and reducing fraud
ID: 467
1795
ID: 656
James Watt conducts first modern audit at Soho Manufactory - model for business verification
ID: 656
1820
ID: 5784
Chapman owns 1,200 acres of nurseries - not just folk hero but successful businessman, sells trees to settlers
ID: 5784
1873
ID: 4246
Remington Arms Company begins manufacturing typewriters designed by Christopher Sholes - first commercial typewriter
ID: 4246
1876
ID: 4268
Melvil Dewey founds Library Bureau to supply library and office equipment - pioneers modern filing supplies
ID: 4268
1879
ID: 4469
James Ritty invents cash register - mechanical calculator for business transactions, sold to NCR in 1884
ID: 4469
1895
ID: 4270
Underwood Typewriter Company founded - introduces visible writing where typist can see what is being typed
ID: 4270
1896
ID: 4220
Herman Hollerith founds the Tabulating Machine Company to manufacture and market his punch card equipment
ID: 4220
1898
ID: 4247
James H. Rand founds Rand Ledger Company (later Rand Kardex) - innovative visible filing systems
ID: 4247
1899
ID: 4271
Globe-Wernicke Company founded - becomes leading manufacturer of sectional bookcases and filing cabinets
ID: 4271
1903
ID: 4274
L.C. Smith & Brothers (gun manufacturers) enter typewriter business - brings precision manufacturing to typewriters
ID: 4274
1906
ID: 4275
Royal Typewriter Company founded - introduces innovations like lighter touch and quieter operation
ID: 4275
1907
ID: 1168
Samuel Bronfman joins family hotel business; Lewis Rosenstiel begins work at Susquemac Distilling
ID: 1168
1911
ID: 4225
James Powers founds Powers Accounting Machine Company as competitor to C-T-R, offering printing tabulators
ID: 4225
1911
ID: 4224
June 16, 1911
Charles Flint merges Tabulating Machine Company with three other firms to create Computing-Tabulating-Recording Company (C-T-R)
ID: 4224
1914
ID: 4226
Thomas J. Watson Sr. joins C-T-R as general manager, begins transformation of company culture and expansion
ID: 4226
1915
ID: 4227
Watson becomes president of C-T-R, introduces 'THINK' motto and aggressive sales training programs
ID: 4227
1921
ID: 4229
Hollerith retires from C-T-R board, ends active involvement in punch card industry he created
ID: 4229
1924
ID: 1325
Jules Stein founds Music Corporation of America (MCA)
ID: 1325
1924
ID: 4230
February 14, 1924
C-T-R renamed International Business Machines Corporation (IBM) under Watson's leadership
ID: 4230
1927
ID: 4231
Powers Accounting Machine Company acquired by Remington Rand, creating major IBM competitor
ID: 4231
1927
ID: 4248
March 1927
James Rand Jr. merges Remington Typewriter with Rand Kardex and other firms to form Remington Rand - major office equipment company
ID: 4248
1928
ID: 1348
Distillers Corporation Limited merges with Seagram Company Limited
ID: 1348
1946
ID: 4253
December 1946
Eckert and Mauchly leave University of Pennsylvania to found Eckert-Mauchly Computer Corporation (EMCC) to build UNIVAC
ID: 4253
1947
ID: 1591
Management accounting emerges as distinct discipline separate from financial accounting
ID: 1591
1950
ID: 4245
IBM punch card revenue exceeds $500 million annually - dominates business data processing market before electronic computers
ID: 4245
1950
ID: 4256
February 1950
Remington Rand acquires Eckert-Mauchly Computer Corporation for $437,500 plus stock - gains UNIVAC technology and contracts
ID: 4256
1955
ID: 4263
June 1955
Remington Rand merges with Sperry Corporation to form Sperry Rand Corporation - creates major electronics and computer conglomerate
ID: 4263
1959
ID: 1753
Bruce Rappaport creates International Maritime Services; Henry Crown merges with General Dynamics
ID: 1753
1959
ID: 4312
Grace Hopper leads development of COBOL - Common Business-Oriented Language for business computing
ID: 4312
1959
ID: 4414
May 1959
CODASYL committee led by Grace Hopper creates COBOL specification - COmmon Business-Oriented Language for business data processing
ID: 4414