The largest media conglomerate in the world, Time Warner resulted from the merger of the publisher Time Inc. and the media company Turner Broadcasting Systems, Inc. in 1996. Time Inc. founded in 1922 primarily concentrated on magazines and books and in the 1950s moved into the broadcasting and entertainment industry, but in the 1970s announced that it was selling its broadcasting holdings and concentrating on cable television. In 1989 Time Inc. merged with Warner Communications Inc., which besides being a major motion-picture and television studio, was also one of the biggest U.S. music recordings producers and cable-television operators.
In January 2000 Time Warner merged with AOL (America Online) in a US$ 243.3 billion deal. Although AOL so far generated far less profit and turnover than Time Warner its quotation on the stock exchange was clearly higher, making Time Warner the junior partner (45 percent) in the new company. Through its merger with AOL, which is a major player in the online-business and owns several Internet-services like Compuserve, Netscape and Netcenter, the new media conglomerate could significantly enlarge its online presence and also complement its traditional media activities.
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1913 the wheel cipher gets re-invented as a strip
1917
- an AT&T-employee, Gilbert S. Vernam, invents a polyalphabetic cipher machine that works with random-keys
1918 the Germans start using the ADFGVX-system, that later gets later by the French Georges Painvin
- Arthur Scherbius patents a ciphering machine and tries to sell it to the German Military, but is rejected
1919 Hugo Alexander Koch invents a rotor cipher machine
1921 the Hebern Electric Code, a company producing electro-mechanical cipher machines, is founded
1923 Arthur Scherbius founds an enterprise to construct and finally sell his
late 1920's/30's more and more it is criminals who use cryptology for their purposes (e.g. for smuggling). Elizabeth Smith Friedman deciphers the codes of rum-smugglers during prohibition regularly
1929 Lester S. Hill publishes his book Cryptography in an Algebraic Alphabet, which contains enciphered parts
1933-1945 the Germans make the Enigma machine its cryptographic main-tool, which is broken by the Poles Marian Rejewski, Gordon Welchman and Alan Turing's team at Bletchley Park in England in 1939
1937 the Japanese invent their so called Purple machine with the help of Herbert O. Yardley. The machine works with telephone stepping relays. It is broken by a team of
1930's the Sigaba machine is invented in the USA, either by W.F. Friedman or his colleague Frank Rowlett
- at the same time the British develop the Typex machine, similar to the German Enigma machine
1943 Colossus, a code breaking computer is put into action at Bletchley Park
1943-1980 the cryptographic Venona Project, done by the NSA, is taking place for a longer period than any other program of that type
1948 Shannon, one of the first modern cryptographers bringing mathematics into cryptography, publishes his book A Communications Theory of Secrecy Systems
1960's the Communications-Electronics Security Group (= CESG) is founded as a section of Government Communications Headquarters (= GCHQ)
late 1960's the IBM Watson Research Lab develops the Lucifer cipher
1969 James Ellis develops a system of separate public-keys and private-keys
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One of the largest and foremost communications and media conglomerates in the
world. Founded in 1971, the present form of the corporation dates from 1994 when Viacom Inc., which owned radio and television stations and cable television programming services and systems, acquired the entertainment and publishing giant Paramount Communications Inc. and then merged with the video and music retailer Blockbuster Entertainment Corp. Headquarters are in New York City.
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