On this day…in 1878
The technology that made the modern music business possible came into existence in the New Jersey laboratory where Thomas Alva Edison created the first device to both record sound and play it back. He was awarded U.S. Patent No. 200,521 for his invention…the phonograph…on this day in 1878. Edison’s invention came about as spin-off from … [Read the full story]
Riots in Spain over new government mandate
Spain’s new conservative government approved sweeping Labour market reforms as part of a drive to revive a sick economy and solve Europe’s worst unemployment nightmare…a jobless rate of nearly 23 per cent. The plan is to encourage companies to hire more people by cutting government mandated severence packages and offering tax breaks for taking on … [Read the full story]
