Polish Auschwitz survivor Jack Tramiel, who created one of the first home computers, the Commodore 64, has died aged 83.
The entrepreneur revolutionised computer technology and lived the American dream after making his fortune.
He will be best remembered for creating the Commodore which was bought by nearly 17 million people after its release in 1982.
Inspired after visiting Japan, Mr Tramiel started producing cheap calculators. He then moved his business out to the Silicon Valley in California, at the beginning of the PC revolution.
Mr Tramiel was a fierce business competitor.
In 1977 Commodore became first to produce a digital watch for less than $10 (£6.30). This forced his rivals Texas Instruments to slash their digital watch prices in half to $9.95.
"Business is not a sport. It's a war," he said.
Mr Tramiel introduced the home computer VIC-20 in 1980 for under $300 (£189).
According to research group NPD, the average pay-TV subscription for basic pay-TV service and premium-TV channels in the U.S. reached $86 in 2011. NPD expects the average pay-TV bill to reach $123 by the year 2015 and $200 by 2020. Also notable is that 16% of US households do not currently subscribe to pay_TV services.
Cable companies are losing subscribers every quarter and with consumer spending power remaining flat, we’re likely to see an increase in cord-cutters if prices rise as indicated. For those interested in cutting the cord, read our earlier article: A Year Without Cable
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