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DirecTV traces back to 1985, when the Howard Hughes Medical Institute sold Hughes Aircraft to General Motors for $5.1 billion, creating Hughes Electronics. Hughes teamed with Stanley E. Hubbard's United States Satellite Broadcasting and with Thomson Consumer Electronics, and in 1994 DirecTV launched with 175 digital channels, an interactive program guide and an 18-inch dish replacing backyard C-band receivers. Federal rules required 4 percent of capacity for noncommercial channels such as C-SPAN and NASA TV. DirecTV bought USSB in 1998 for over $1 billion and PrimeStar in 1999 for nearly $2 billion.
Rupert Murdoch's News Corporation took a 34 percent stake in 2003 for $6.6 billion under FCC arbitration conditions, then traded it to Liberty Media in 2008 in a deal valued at $11 billion. AT&T bought DirecTV for $67.1 billion in 2015, sold 30 percent to private equity firm TPG in 2021, and sold the remaining 70 percent to TPG in 2024 and 2025 for a little over $7 billion. A 2024 attempt to merge with Dish Network collapsed when Dish bondholders objected. Meanwhile engineers moved HD to Ka-band, added a five-LNB Slimline dish, rolled out the Genie whole-home DVR in 2012 and offered 4K in 2014.
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Augustus Wolle founded the Saucona Iron Company in Pennsylvania in 1857; it became the Bethlehem Iron Company in 1861 and rolled its first rails in 1863. When the rail market saturated in the 1880s, Navy Lieutenant William Jaques, back from touring European arms makers including Joseph Whitworth's works in Manchester, steered Bethlehem toward armor. John Fritz and Russell Davenport built the first heavy forging plant in the U.S., and in 1887 Bethlehem won armor and forging contracts for the battleships USS Texas and USS Maine. In 1893 it forged the 45.5-foot steel axle of the first Ferris wheel at the Chicago World's Fair, then the largest single piece of steel ever made.
Charles M. Schwab, former president of U.S. Steel, bought Bethlehem in 1901 and formed Bethlehem Steel Corporation in 1904. U.S. Steel had turned down Henry Grey's mill for rolling one-piece wide-flange beams, and Schwab bet the company on it from 1908, supplying steel for the Waldorf Astoria, Rockefeller Center, the Golden Gate Bridge and Hoover Dam. In World War II, president Eugene Grace promised Franklin D. Roosevelt a ship a day; 15 shipyards and about 180,000 workers built 1,121 ships. Bethlehem later lost the 1967 World Trade Center steel contract, fell behind on continuous casting and mini-mills, lost $1.5 billion in 1982, filed for Chapter 11 in 2001 and was liquidated by 2003.
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The E-3 Sentry, the Airborne Warning and Control System, grew out of the look-down problem: the 1960s Lockheed EC-121 Warning Star could not pick low-flying jets out of ground clutter. Westinghouse beat favored Hughes Aircraft with a digital radar that used an 18-bit programmable computer and a fast Fourier transform to sort returns by Doppler shift and ignore the stationary ground. In 1970 the Air Force chose the Boeing 707-320B airframe over a McDonnell Douglas DC-8 proposal. The rotodome is 30 feet across, 6 feet thick, over two tons, mounted 11 feet above the fuselage and turning at six revolutions per minute, with generators on all four engines producing one megawatt.
Engineers tilted the rotodome nose-down to cut drag, then used electronic phase shifters to steer the beam back to level. Upgrades added GPS and Link 16 in Blocks 30 and 35, new computers under RSIP, glass cockpits under DRAGON, and a Red Hat Linux mission system in Blocks 40 and 45, which a 2016 test judged not survivable in a cyber-contested environment, causing a two-year delay. In Desert Storm, E-3s flew 379 missions and helped with 38 of 41 coalition air-to-air kills. On March 27, 2026, an Iranian drone and cruise missile strike on Prince Sultan Air Base in Saudi Arabia destroyed one E-3G and reportedly damaged another.
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John Francis Queeny founded Monsanto in St. Louis in 1901 and named it after his wife, Olga Mendez Monsanto. It started with food additives, saccharin, caffeine and vanillin, then moved into sulfuric acid and PCBs in the 1920s. During World War II it ran the Dayton Project, which assisted the Manhattan Project, and later made All laundry detergent, invented ChemGrass, the AstroTurf playing surface, in 1964, and mass produced early red LEDs from 1968. The chemical era brought heavy liabilities: DDT was banned in the U.S. in 1972, Monsanto was a primary maker of Agent Orange, which led to a settlement with veterans, and Congress banned PCBs in 1979.
Under Richard Mahoney and Robert Shapiro, the company turned to agricultural biotechnology, and in 1983 its scientists were among the first to genetically modify a plant cell, using a soil bacterium to deliver genes. In 1997 it spun its chemical business and PCB liabilities off into Solutia, and after a 1999 pharmaceutical merger the agricultural unit re-emerged in 2000 as a pure agricultural biotech company. Roundup Ready soybeans, corn and cotton carried a bacterial enzyme that survives glyphosate, and Bt crops made their own insect toxin. By the 2010s over 80 percent of U.S. corn and soybeans carried these traits, and farmers signed contracts barring them from saving seed.
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In 1963 Ralph Roberts, Daniel Aaron and Julian Brodsky paid $500,000 for American Cable Systems in Tupelo, Mississippi, a five-channel system with about 12,000 customers, and soon added a Muzak franchise built on the same wire-and-subscription model. The company became Comcast in 1969 and went public in 1972. Under Ralph's son Brian Roberts it bought regional systems one at a time, including Lenfest Communications in 1999, which locked up the Philadelphia market. In 2001 it bought AT&T Broadband for $44.5 billion, adding 22 million subscribers and becoming the largest U.S. cable company, and after the @Home Network went bankrupt that year it became its own internet provider.
Worried about becoming a dumb pipe, Comcast made a hostile $54 billion bid for Disney in 2004 and failed. It then took control of NBCUniversal from General Electric between 2009 and 2013, bought DreamWorks Animation for $3.8 billion in 2016, and won Sky in 2018 for £22.1 billion. Regulators balked at its Time Warner Cable deal, which it abandoned in 2015. Customer anger ran high: the Consumerist blog named it Worst Company in America in 2010 and 2014, with a Golden Poo trophy, even as revenue rose. After the pandemic hit its theme parks and Peacock fought costly streaming wars, Comcast announced in June 2026 that it would spin off NBCUniversal and Sky as a separate public company.
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After World War II, veteran Troy Smith went home to Seminole, Oklahoma and worked as a milkman, then switched to delivering bread because it was lighter. In Shawnee he bought and sold the Cottage Cafe, then opened Troy's Pan Full of Chicken. In 1953 he and a partner bought a five-acre lot holding a log house, which they turned into a steakhouse, and a small walk-up root beer stand called the Top Hat. The stand, selling hot dogs, burgers and sodas in paper, brought in $700 a week and beat the steakhouse, so Smith bought out his partner and focused on it.
Cars parked at random in the gravel lot, so after seeing a Louisiana drive-in with speakers at each stall, Smith borrowed cars from a friend's used car lot to test angled stall layouts. Local teenagers he called the jukebox boys wired an intercom from every stall to the kitchen, carhops ran the food, and sales tripled. In 1956 Charles Woodrow Pappe opened a franchise in Woodward, Oklahoma, followed by Enid and Stillwater by 1958. In 1959 the partners learned Top Hat was already trademarked and renamed the chain Sonic, with the slogan Service with the Speed of Sound; the first Sonic sign went up in Stillwater.
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Bob Carr co-founded Heartland Payment Systems in Princeton, New Jersey in 1997 to bring enterprise-grade card processing to small and mid-sized merchants. A $40 million private equity investment from Greenhill Capital Partners and LLR Partners came in 2001, and the company listed on the New York Stock Exchange in August 2005. It spread into payroll, campus cards, K-12 lunch systems, mobile payments and lending, and at its peak processed about $80 billion a year. On January 20, 2009 Heartland disclosed that attackers had been inside its network through 2008, using RAM-scraping malware to grab unencrypted magnetic stripe data in the instant it sat in memory, enough to clone physical cards.
An estimated 100 million cards and more than 650 financial services companies were affected. Hacker Albert Gonzalez was sentenced to 20 years in March 2010, and two Russian hackers were sentenced as late as February 2018. Heartland was back on Visa's list of PCI DSS validated providers by May 1, 2009, and on May 24, 2009 it launched E3, hardware-level end-to-end encryption that scrambled card data at the swipe. Gartner analyst Avivah Litan said Heartland was leading the way, and Worldpay US and First Data announced their own encryption efforts. In April 2016 Global Payments acquired Heartland for $4.3 billion.
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In November 1977 a U.S. reconnaissance satellite photographed an unknown twin-tailed jet at the Ramenskoye flight test center, and analysts dubbed it Ram-L. It was the Mikoyan MiG-29, later NATO's Fulcrum. Its roots lay in Vietnam, where nimble MiG-17s troubled heavy American F-105s and pushed the U.S. toward the F-15 and F-16. Alarmed, the Soviets issued the 1969 PFI requirement for an advanced frontline fighter, then split it in 1971: Sukhoi's heavy, long-range Su-27 and Mikoyan's lightweight MiG-29. Leading edge root extensions and a wide-spaced pair of Klimov RD-33 engines with a lifting-body fuselage let it pull 9 G and turn hard at low speed, and doors sealed its main intakes on rough runways while louvers on top of the wing roots fed the engines.
The cockpit was another story: hydraulic controls without fly-by-wire, no early HOTAS, and a heavy heads-down workload. Phazotron could not deliver the planned planar-array radar in time, so the jet flew with an older twisted Cassegrain antenna from the MiG-23 and slow analog processing that struggled to track targets at its own missiles' range. Phazotron designer Adolf Tolkachev passed radar secrets to the CIA and was executed in 1986, forcing the hurried N019M Topaz. Air shows in Finland in 1986 and Paris in 1989 stunned observers, but Iraqi MiG-29s were outmatched in the Gulf War. In 2008, after crashes in Siberia, Russia grounded about a third of its fleet for tail corrosion.
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Barnes & Noble executive John Foley pitched colleague Tom Cortese on a connected spin bike, and they founded Peloton Interactive in early 2012. A 2013 Kickstarter asked $1,500 for an early bike, the first tablet-connected model shipped in 2014 alongside showrooms in high-end malls, and the September 2019 IPO raised over $1 billion at an $8.1 billion valuation. The National Music Publishers Association sued in March 2019 over unlicensed music in classes, with claimed damages climbing from $150 million to $300 million before a settlement in early 2020. The November 2019 holiday ad The Gift That Gives Back drew ridicule and a Ryan Reynolds gin parody starring the same actress, Monica Ruiz. Then pandemic gym closures pushed Peloton to a $50 billion valuation by January 2021.
Demand broke the supply chain: in late 2020 Peloton spent $100 million on shipping, including chartered 747s. In May 2021 the Consumer Product Safety Commission warned against the Tread+ after a child died and nearly 40 injuries were reported; Peloton first pushed back, then recalled the Tread and Tread+ on May 5, 2021. In December 2021 the character Mr. Big died after a Peloton ride on And Just Like That, and the stock fell 11.3 percent the next day. Foley stepped down in early 2022 as 2,800 jobs were cut. CEO Barry McCarthy, a Spotify and Netflix veteran, outsourced manufacturing and sold on Amazon before resigning in 2024; former Apple executive Peter Stern took over in January 2025.
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The Eurofighter Typhoon began in the late 1970s with clashing national needs: Britain's AST-403 concept for a low-level strike jet to replace the Jaguar, and West Germany's TKF-90 high-altitude interceptor aimed at Soviet bombers. France joined early but demanded design leadership, carrier capability and its own Snecma M88 engines, then left in the mid-1980s to build the Dassault Rafale. The UK, Germany, Italy and Spain pressed on, only to see the Soviet Union collapse. Chancellor Helmut Kohl campaigned on cancelling the jet, but withdrawal penalties written into the consortium contracts made staying in cheaper than leaving. Even the name was a fight, since the original Hawker Typhoon had attacked German targets in World War II.
The design places close-coupled canards ahead of a delta wing so the jet is aerodynamically unstable, held in line by a quadruplex digital fly-by-wire system that gives it rapid agility and carefree handling. About 82 percent of the airframe is composite, and the Typhoon can supercruise at up to Mach 1.5 without afterburners. Its pilots use the BAE Striker II helmet display and the Praetorian defensive aids suite, and the fleet is moving from the mechanically scanned CAPTOR radar to the ECRS AESA radar. Britain's National Audit Office put UK program costs at £37 billion in 2011, with deliveries 54 months late. Built as a dogfighter, the Typhoon first saw combat over Libya in 2011 dropping Paveway bombs.
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pplpod is a podcast about people, places and lots of other stuff. Each episode takes a deep dive into the lives, choices, and legacies of fascinating figures from history, culture,…
Thoughtful, engaging, and story-driven, pplpod explores what makes these lives extraordinary—and what we can learn from them today.