Tech History Today – August 9

In 1859 – US Patent no. 25,076 was issued to Nathan Ames of Saugus, Mass. for the first escalator-type moving staircase.

In 1927 – Computer pioneer Marvin Minsky was born in New York City. Minsky grew up to become a pioneer in Artificial Intelligence research and wrote the book “The Society of Mind.”

In 1995 – Netscape Communications staged an IPO. Shares opened at $28 and shot up to $75 per share in one day, becoming one of the indicators of the beginning of the dot-com boom.