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  • Atlanta, Georgia, U.S.
    1988
    Warren Buffett

    The Coca-Cola Company

    Atlanta, Georgia, U.S.
    1988

    In 1988, Buffett began buying The Coca-Cola Company stock, eventually purchasing up to 7% of the company for $1.02 billion.




  • Worldwide
    1988
    Cameras

    New Standards

    Worldwide
    1988

    The move to digital formats was helped by the formation of the first JPEG and MPEG standards in 1988, which allowed image and video files to be compressed for storage.




  • Greenland, New Hampshire, U.S.
    1988
    Nike, Inc.

    Nike's First acquisition

    Greenland, New Hampshire, U.S.
    1988

    Nike has acquired several apparel and footwear companies over the course of its history, some of which have since been sold. Its first acquisition was the upscale footwear company Cole Haan in 1988.




  • U.S.
    1988
    Akio Morita

    Sony bought CBS Records Group

    U.S.
    1988

    Sony bought CBS Records Group which consisted of Columbia Records, Epic Records and other CBS labels in 1988 and Columbia Pictures Entertainment (Columbia Pictures, TriStar Pictures and others) in 1989.




  • Washington D.C., U.S.
    1988
    World Bank

    Multilateral Investment Guarantee Agency (MIGA)

    Washington D.C., U.S.
    1988

    The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees. These guarantees help investors protect foreign direct investments against political and non-commercial risks in developing countries. MIGA is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. MIGA was established in 1988 as an investment insurance facility to encourage confident investment in developing countries. MIGA is owned and governed by its member states, but has its own executive leadership and staff which carry out its daily operations. Its shareholders are member governments that provide paid-in capital and have the right to vote on its matters. It insures long-term debt and equity investments as well as other assets and contracts with long-term periods. The agency is assessed by the World Bank's Independent Evaluation Group each year.




  • San Rafael, California, United States
    1988
    Virtual reality

    The first implemented VR on a low-cost personal Computer

    San Rafael, California, United States
    1988

    In 1988, the Cyberspace Project at Autodesk was the first to implement VR on a low-cost personal computer. The project leader Eric Gullichsen left in 1990 to found Sense8 Corporation and develop the WorldToolKit virtual reality SDK, which offered the first real-time graphics with Texture mapping on a PC and was widely used throughout the industry and academia.




  • Menlo Park, California, U.S.
    1988
    Google LLC

    Google has been designing Special Alternate logos to Celebrate Events

    Menlo Park, California, U.S.
    1988

    Since 1998, Google has been designing special, temporary alternate logos to place on their homepage intended to celebrate holidays, events, achievements and people. The first Google Doodle was in honor of the Burning Man Festival of 1998.


  • Waldorf-Astoria Hotel, New York, U.S.
    Wednesday Jan 20, 1988
    The Beatles

    The Beatles were Inducted Into the Rock and Roll Hall of Fame

    Waldorf-Astoria Hotel, New York, U.S.
    Wednesday Jan 20, 1988

    In 1988, the Beatles were inducted into the Rock and Roll Hall of Fame, their first year of eligibility. Harrison and Starr attended the ceremony with Lennon's widow, Yoko Ono, and his two sons, Julian and Sean. McCartney declined to attend, citing unresolved "business differences" that would make him "feel like a complete hypocrite waving and smiling with them at a fake reunion".


  • U.S.
    1988
    Donald Trump

    Trump Shuttle

    U.S.
    1988

    In 1988, Trump founded Trump Shuttle, purchasing 21 planes and landing rights at three airports in New York City, Boston, and the Washington, D.C., area, from the defunct Eastern Air Lines, costing $380 million financed from 22 banks. The airline offered charter services in addition to scheduled shuttle flights, and was eventually sold to USAir Group in 1992 after failing to operate at a profit.


  • New York, U.S.
    1988
    Donald Trump

    Donald J. Trump Foundation

    New York, U.S.
    1988

    The Donald J. Trump Foundation was a U.S.-based private foundation established in 1988 for the initial purpose of giving away proceeds from the book Trump: The Art of the Deal. The foundation's funds have mostly come from donors other than Trump, who has not given personally to the charity since 2008.


  • The Gallup Building, Washington, D.C., Omaha, Nebraska, United States
    1988
    Donald Trump

    Tenth most admired man in America

    The Gallup Building, Washington, D.C., Omaha, Nebraska, United States
    1988

    According to a Gallup poll in December 1988, Trump was the tenth most admired man in America.


  • U.S.
    1988
    Internet

    NSFNET was upgraded to 1.5 Mbit/s

    U.S.
    1988

    The use of NSFNET and the regional networks was not limited to supercomputer users and the 56 kbit/s network quickly became overloaded. NSFNET was upgraded to 1.5 Mbit/s in 1988 under a cooperative agreement with the Merit Network in partnership with IBM, MCI, and the State of Michigan. The existence of NSFNET and the creation of Federal Internet Exchanges (FIXes) allowed the ARPANET to be decommissioned in 1990.


  • U.S.
    Feb, 1988
    Joe Biden

    Biden was taken by ambulance to Walter Reed Army Medical Center for surgery to correct a leaking intracranial berry aneurysm

    U.S.
    Feb, 1988

    In February 1988, after several episodes of increasingly severe neck pain, Biden was taken by ambulance to Walter Reed Army Medical Center for surgery to correct a leaking intracranial berry aneurysm. While recuperating he suffered a pulmonary embolism, a serious complication. After a second aneurysm was surgically repaired in May, Biden's recuperation kept him away from the Senate for seven months.


  • U.S.
    1988
    Eminem

    First Group

    U.S.
    1988

    In 1988, he went by the stage name MC Double M and formed his first group New Jacks with DJ Butter Fingers.


  • Washington D.C., U.S.
    1988
    Library of Congress

    National Film Preservation Board

    Washington D.C., U.S.
    1988

    In 1988, The library also established the National Film Preservation Board, a congressionally mandated National Film Preservation Board to select American films annually for preservation and inclusion in the new National Registry, a collection of American films the library has made available on the Internet for free streaming.


  • Fort Benton, Montana, U.S.
    1988
    Shep (American dog)

    The grave was repaired

    Fort Benton, Montana, U.S.
    1988

    The passenger line eventually stopped coming through Fort Benton, and the grave fell into disrepair. In 1988, the grave was repaired and refurbished. The Shep cutout is now painted steel, and lights are back up. The grave site is currently maintained by the Kiwanis Key Club and Fort Benton Community Improvement Society, and a small parking area and walking trail have been added behind the monument for easier access to the grave site.


  • U.S.
    Friday Jul 1, 1988
    Nike, Inc.

    Nike's first "Just Do It" Advertisement

    U.S.
    Friday Jul 1, 1988

    Walt Stack was featured in Nike's first "Just Do It" advertisement, which debuted on July 1, 1988.


  • U.S.
    1988
    Trivial Pursuit

    Breaking all the Rules: The Creation of Trivial Pursuit

    U.S.
    1988

    In 1988, a made-for-television movie entitled Breaking all the Rules: The Creation of Trivial Pursuit aired. Treated largely as a comedy, the movie featured the music of Jimmy Buffett and portrayed the creators of the game as three beer-loving Canadians.


  • Beverly Hills, California, United States
    1988
    Angelina Jolie

    Beverly Hills High School

    Beverly Hills, California, United States
    1988

    Jolie first attended Beverly Hills High School, where she felt isolated among the children of some of the area's affluent families because her mother survived on a more modest income. She was teased by other students, who targeted her for being extremely thin and for wearing glasses and braces.


  • Washington D.C., U.S.
    Oct, 1988
    Audrey Hepburn

    The miracle is UNICEF

    Washington D.C., U.S.
    Oct, 1988

    In October, Hepburn went to South America. Of her experiences in Venezuela and Ecuador, Hepburn told the United States Congress, "I saw tiny mountain communities, slums, and shantytowns receive water systems for the first time by some miracle – and the miracle is UNICEF. I watched boys build their own schoolhouse with bricks and cement provided by UNICEF".


  • California, United States
    1988
    River Phoenix

    Phoenix's film Supporting

    California, United States
    1988

    His sixth feature film was Sidney Lumet's Running on Empty (1988), for which 18-year-old River received the National Board of Review Award for Best Supporting Actor and nominations for a Golden Globe Award and an Academy Award.


  • Los Angeles, United States
    1988
    River Phoenix

    Phoenix's family move to Los Angeles

    Los Angeles, United States
    1988

    in 1988 that his family's move to Los Angeles when he was nine was so that he and his sister "could become recording artists.


  • U.S.
    1988
    Best Buy

    Circuit City rejected the offer

    U.S.
    1988

    In 1988, Best Buy was in a price war with a Detroit-based appliance chain and Schulze attempted to sell the company to Circuit City for US$30 million. Circuit City rejected the offer, claiming they could open a store in Minneapolis and "blow them away."


  • California, U.S.
    Tuesday Dec 6, 1988
    Robin Williams

    Velardi's divorce

    California, U.S.
    Tuesday Dec 6, 1988

    Velardi and Williams were divorced in 1988. While it was reported that Williams began an affair with Zachary's nanny Marsha Garces in 1986, Velardi stated in the 2018 documentary Robin Williams: Come Inside My Mind that the relationship with Garces began after the two had separated.


  • U.S.
    Dec, 1988
    Ted Bundy

    Execution date was announced

    U.S.
    Dec, 1988

    In mid-1988, the Eleventh Circuit ruled against Bundy, and in December the Supreme Court denied a motion to review the ruling. Within hours of that final denial, a firm execution date of January 24, 1989, was announced. Bundy's journey through the appeals courts had been unusually rapid for a capital murder case: "Contrary to popular belief, the courts moved Bundy as fast as they could ... Even the prosecutors acknowledged that Bundy's lawyers never employed delaying tactics. Though people everywhere seethed at the apparent delay in executing the archdemon, Ted Bundy was actually on the fast track".


  • U.S.
    1988
    Ted Bundy

    Bundy agreed to speak frankly with investigators

    U.S.
    1988

    With all appeal avenues exhausted and no further motivation to deny his crimes, Bundy agreed to speak frankly with investigators. He confessed to Keppel that he had committed all eight of the Washington and Oregon homicides for which he was the prime suspect. He described three additional previously unknown victims in Washington and two in Oregon whom he declined to identify (if indeed he ever knew their identities). He said he left a fifth corpse—Donna Manson's—on Taylor Mountain, but incinerated her head in Kloepfer's fireplace. ("Of all the things I did to [Kloepfer]," he told Keppel, "this is probably the one she is least likely to forgive me for. Poor Liz.") "He described the Issaquah crime scene [where the bones of Ott, Naslund, and Hawkins were found], and it was almost like he was just there", Keppel said. "Like he was seeing everything. He was infatuated with the idea because he spent so much time there. He is just totally consumed with murder all the time." Nelson's impressions were similar: "It was the absolute misogyny of his crimes that stunned me," she wrote, "his manifest rage against women. He had no compassion at all ... he was totally engrossed in the details. His murders were his life's accomplishments".


  • U.S.
    1988
    Disasters with highest death tolls

    1988 United States Heat Wave

    U.S.
    1988

    The North American Drought of 1988 ranks among the worst episodes of drought in the United States. This multi-year drought began in most areas in 1988 and continued into 1989 and 1990 (in certain areas). The concurrent heat waves killed 4,800 to 17,000 people in the United States.


  • Atlanta, Georgia, U.S.
    1988
    Warren Buffett

    The Coca-Cola Company

    Atlanta, Georgia, U.S.
    1988

    In 1988, Buffett began buying The Coca-Cola Company stock, eventually purchasing up to 7% of the company for $1.02 billion.


  • Worldwide
    1988
    Cameras

    New Standards

    Worldwide
    1988

    The move to digital formats was helped by the formation of the first JPEG and MPEG standards in 1988, which allowed image and video files to be compressed for storage.


  • Greenland, New Hampshire, U.S.
    1988
    Nike, Inc.

    Nike's First acquisition

    Greenland, New Hampshire, U.S.
    1988

    Nike has acquired several apparel and footwear companies over the course of its history, some of which have since been sold. Its first acquisition was the upscale footwear company Cole Haan in 1988.


  • U.S.
    1988
    Akio Morita

    Sony bought CBS Records Group

    U.S.
    1988

    Sony bought CBS Records Group which consisted of Columbia Records, Epic Records and other CBS labels in 1988 and Columbia Pictures Entertainment (Columbia Pictures, TriStar Pictures and others) in 1989.


  • Washington D.C., U.S.
    1988
    World Bank

    Multilateral Investment Guarantee Agency (MIGA)

    Washington D.C., U.S.
    1988

    The Multilateral Investment Guarantee Agency (MIGA) is an international financial institution which offers political risk insurance and credit enhancement guarantees. These guarantees help investors protect foreign direct investments against political and non-commercial risks in developing countries. MIGA is a member of the World Bank Group and is headquartered in Washington, D.C. in the United States. MIGA was established in 1988 as an investment insurance facility to encourage confident investment in developing countries. MIGA is owned and governed by its member states, but has its own executive leadership and staff which carry out its daily operations. Its shareholders are member governments that provide paid-in capital and have the right to vote on its matters. It insures long-term debt and equity investments as well as other assets and contracts with long-term periods. The agency is assessed by the World Bank's Independent Evaluation Group each year.


  • San Rafael, California, United States
    1988
    Virtual reality

    The first implemented VR on a low-cost personal Computer

    San Rafael, California, United States
    1988

    In 1988, the Cyberspace Project at Autodesk was the first to implement VR on a low-cost personal computer. The project leader Eric Gullichsen left in 1990 to found Sense8 Corporation and develop the WorldToolKit virtual reality SDK, which offered the first real-time graphics with Texture mapping on a PC and was widely used throughout the industry and academia.


  • Menlo Park, California, U.S.
    1988
    Google LLC

    Google has been designing Special Alternate logos to Celebrate Events

    Menlo Park, California, U.S.
    1988

    Since 1998, Google has been designing special, temporary alternate logos to place on their homepage intended to celebrate holidays, events, achievements and people. The first Google Doodle was in honor of the Burning Man Festival of 1998.


  • Waldorf-Astoria Hotel, New York, U.S.
    Wednesday Jan 20, 1988
    The Beatles

    The Beatles were Inducted Into the Rock and Roll Hall of Fame

    Waldorf-Astoria Hotel, New York, U.S.
    Wednesday Jan 20, 1988

    In 1988, the Beatles were inducted into the Rock and Roll Hall of Fame, their first year of eligibility. Harrison and Starr attended the ceremony with Lennon's widow, Yoko Ono, and his two sons, Julian and Sean. McCartney declined to attend, citing unresolved "business differences" that would make him "feel like a complete hypocrite waving and smiling with them at a fake reunion".


  • U.S.
    1988
    Donald Trump

    Trump Shuttle

    U.S.
    1988

    In 1988, Trump founded Trump Shuttle, purchasing 21 planes and landing rights at three airports in New York City, Boston, and the Washington, D.C., area, from the defunct Eastern Air Lines, costing $380 million financed from 22 banks. The airline offered charter services in addition to scheduled shuttle flights, and was eventually sold to USAir Group in 1992 after failing to operate at a profit.


  • New York, U.S.
    1988
    Donald Trump

    Donald J. Trump Foundation

    New York, U.S.
    1988

    The Donald J. Trump Foundation was a U.S.-based private foundation established in 1988 for the initial purpose of giving away proceeds from the book Trump: The Art of the Deal. The foundation's funds have mostly come from donors other than Trump, who has not given personally to the charity since 2008.


  • The Gallup Building, Washington, D.C., Omaha, Nebraska, United States
    1988
    Donald Trump

    Tenth most admired man in America

    The Gallup Building, Washington, D.C., Omaha, Nebraska, United States
    1988

    According to a Gallup poll in December 1988, Trump was the tenth most admired man in America.


  • U.S.
    1988
    Internet

    NSFNET was upgraded to 1.5 Mbit/s

    U.S.
    1988

    The use of NSFNET and the regional networks was not limited to supercomputer users and the 56 kbit/s network quickly became overloaded. NSFNET was upgraded to 1.5 Mbit/s in 1988 under a cooperative agreement with the Merit Network in partnership with IBM, MCI, and the State of Michigan. The existence of NSFNET and the creation of Federal Internet Exchanges (FIXes) allowed the ARPANET to be decommissioned in 1990.


  • U.S.
    Feb, 1988
    Joe Biden

    Biden was taken by ambulance to Walter Reed Army Medical Center for surgery to correct a leaking intracranial berry aneurysm

    U.S.
    Feb, 1988

    In February 1988, after several episodes of increasingly severe neck pain, Biden was taken by ambulance to Walter Reed Army Medical Center for surgery to correct a leaking intracranial berry aneurysm. While recuperating he suffered a pulmonary embolism, a serious complication. After a second aneurysm was surgically repaired in May, Biden's recuperation kept him away from the Senate for seven months.


  • U.S.
    1988
    Eminem

    First Group

    U.S.
    1988

    In 1988, he went by the stage name MC Double M and formed his first group New Jacks with DJ Butter Fingers.


  • Washington D.C., U.S.
    1988
    Library of Congress

    National Film Preservation Board

    Washington D.C., U.S.
    1988

    In 1988, The library also established the National Film Preservation Board, a congressionally mandated National Film Preservation Board to select American films annually for preservation and inclusion in the new National Registry, a collection of American films the library has made available on the Internet for free streaming.


  • Fort Benton, Montana, U.S.
    1988
    Shep (American dog)

    The grave was repaired

    Fort Benton, Montana, U.S.
    1988

    The passenger line eventually stopped coming through Fort Benton, and the grave fell into disrepair. In 1988, the grave was repaired and refurbished. The Shep cutout is now painted steel, and lights are back up. The grave site is currently maintained by the Kiwanis Key Club and Fort Benton Community Improvement Society, and a small parking area and walking trail have been added behind the monument for easier access to the grave site.


  • U.S.
    Friday Jul 1, 1988
    Nike, Inc.

    Nike's first "Just Do It" Advertisement

    U.S.
    Friday Jul 1, 1988

    Walt Stack was featured in Nike's first "Just Do It" advertisement, which debuted on July 1, 1988.


  • U.S.
    1988
    Trivial Pursuit

    Breaking all the Rules: The Creation of Trivial Pursuit

    U.S.
    1988

    In 1988, a made-for-television movie entitled Breaking all the Rules: The Creation of Trivial Pursuit aired. Treated largely as a comedy, the movie featured the music of Jimmy Buffett and portrayed the creators of the game as three beer-loving Canadians.


  • Beverly Hills, California, United States
    1988
    Angelina Jolie

    Beverly Hills High School

    Beverly Hills, California, United States
    1988

    Jolie first attended Beverly Hills High School, where she felt isolated among the children of some of the area's affluent families because her mother survived on a more modest income. She was teased by other students, who targeted her for being extremely thin and for wearing glasses and braces.


  • Washington D.C., U.S.
    Oct, 1988
    Audrey Hepburn

    The miracle is UNICEF

    Washington D.C., U.S.
    Oct, 1988

    In October, Hepburn went to South America. Of her experiences in Venezuela and Ecuador, Hepburn told the United States Congress, "I saw tiny mountain communities, slums, and shantytowns receive water systems for the first time by some miracle – and the miracle is UNICEF. I watched boys build their own schoolhouse with bricks and cement provided by UNICEF".


  • California, United States
    1988
    River Phoenix

    Phoenix's film Supporting

    California, United States
    1988

    His sixth feature film was Sidney Lumet's Running on Empty (1988), for which 18-year-old River received the National Board of Review Award for Best Supporting Actor and nominations for a Golden Globe Award and an Academy Award.


  • Los Angeles, United States
    1988
    River Phoenix

    Phoenix's family move to Los Angeles

    Los Angeles, United States
    1988

    in 1988 that his family's move to Los Angeles when he was nine was so that he and his sister "could become recording artists.


  • U.S.
    1988
    Best Buy

    Circuit City rejected the offer

    U.S.
    1988

    In 1988, Best Buy was in a price war with a Detroit-based appliance chain and Schulze attempted to sell the company to Circuit City for US$30 million. Circuit City rejected the offer, claiming they could open a store in Minneapolis and "blow them away."


  • California, U.S.
    Tuesday Dec 6, 1988
    Robin Williams

    Velardi's divorce

    California, U.S.
    Tuesday Dec 6, 1988

    Velardi and Williams were divorced in 1988. While it was reported that Williams began an affair with Zachary's nanny Marsha Garces in 1986, Velardi stated in the 2018 documentary Robin Williams: Come Inside My Mind that the relationship with Garces began after the two had separated.


  • U.S.
    Dec, 1988
    Ted Bundy

    Execution date was announced

    U.S.
    Dec, 1988

    In mid-1988, the Eleventh Circuit ruled against Bundy, and in December the Supreme Court denied a motion to review the ruling. Within hours of that final denial, a firm execution date of January 24, 1989, was announced. Bundy's journey through the appeals courts had been unusually rapid for a capital murder case: "Contrary to popular belief, the courts moved Bundy as fast as they could ... Even the prosecutors acknowledged that Bundy's lawyers never employed delaying tactics. Though people everywhere seethed at the apparent delay in executing the archdemon, Ted Bundy was actually on the fast track".


  • U.S.
    1988
    Ted Bundy

    Bundy agreed to speak frankly with investigators

    U.S.
    1988

    With all appeal avenues exhausted and no further motivation to deny his crimes, Bundy agreed to speak frankly with investigators. He confessed to Keppel that he had committed all eight of the Washington and Oregon homicides for which he was the prime suspect. He described three additional previously unknown victims in Washington and two in Oregon whom he declined to identify (if indeed he ever knew their identities). He said he left a fifth corpse—Donna Manson's—on Taylor Mountain, but incinerated her head in Kloepfer's fireplace. ("Of all the things I did to [Kloepfer]," he told Keppel, "this is probably the one she is least likely to forgive me for. Poor Liz.") "He described the Issaquah crime scene [where the bones of Ott, Naslund, and Hawkins were found], and it was almost like he was just there", Keppel said. "Like he was seeing everything. He was infatuated with the idea because he spent so much time there. He is just totally consumed with murder all the time." Nelson's impressions were similar: "It was the absolute misogyny of his crimes that stunned me," she wrote, "his manifest rage against women. He had no compassion at all ... he was totally engrossed in the details. His murders were his life's accomplishments".


  • U.S.
    1988
    Disasters with highest death tolls

    1988 United States Heat Wave

    U.S.
    1988

    The North American Drought of 1988 ranks among the worst episodes of drought in the United States. This multi-year drought began in most areas in 1988 and continued into 1989 and 1990 (in certain areas). The concurrent heat waves killed 4,800 to 17,000 people in the United States.


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