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jfalcon | 3 years ago
Look at GE - it just recently spun off it's healthcare business from the parent and now only has the Jet Engines division left under the parent company. It used to make just about everything and did massive testing at one point - what changed? The company itself. It was in so much competition by others who stepped up their game or the company got into places it never should have been and lost. A long way from being the offspring of Thomas Edison and JP Morgan.
Hell, did you know that GE was even an on-line service at one time? GEnie. Who beat them? H&R Block for some weird reason (CompuServe). But not by much because Time magazine - the most read magazine in the world for almost 75 years at that point - thought it could do it all (AOL). The only problem: Warner Communications (Warner Brothers) - who seem to not have learned their lesson from Atari. But it was on top for a while. Now it's back to Bell and those who competed with them (Verizon).
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