2014 Event A U.S. lawsuit against IBM and Ford Motor Company, seeking damages for the companies' transactions with the former apartheid government, has been dismissed; the transactions were conducted by foreign units and are not under jurisdiction of U.S. law 2014 Event Apple and IBM join forces to develop apps for business users; the agreement will give Apple a greater share of the business market, which is increasingly catering to a mobile workforce; IBM will benefit from the software integration on its cloud computing platform 2013 Event Once the world's fastest computer, the IBM Roadrunner, was decommissioned; advances in chip design have surpassed its capabilities 2012 Event IBM announces it is on the cusp of creating the world's first quantum computer 2004 Event After popularizing the PC in the '80s, IBM sells its PC business to a Chinese company 1997 Event Garry Kasparov begins chess match with IBM supercomputer Deep Blue 1996 Event IBM's Deep Blue defeats chess champ Gary Kasparov 1994 Death Thomas J Watson, Jr., CEO (IBM), dies of a stroke at 79 1993 Death Thomas J Watson, Jr., president of IBM (1956-71)/diplomat, dies at 79 1992 Event IBM announces a nearly $5B loss for 1992 1989 Event IBM announces earnings up 10.4% in 1988 1989 Event "Friday the 13th" virus strikes hundreds of IBM computers in Britain 1988 Event IBM announces shipment of 3 millionth PS/2 personal computer 1988 Event IBM introduces software for artificial intelligence 1988 Event IBM announces price hike on older models 1987 Event IBM introduces PS/2 and OS/2 1987 Event IBM releases PC-DOS version 3.3 1986 Event IBM re-forms in South Africa 1986 Event Phil Katz releases PKARC version 1.0, for IBM 1986 Event IBM produces 1st megabit-chip 1984 Event IBM releases PC DOS version 3.0 1983 Event IBM releases PC DOS version 2.0 1982 Event IBM ROM is capable of EGA graphics 1982 Event IBM releases PC-DOS version 1.1 1982 Event Justice Department withdraws antitrust suit against IBM 1981 Event IBM introduces PC and PC-DOS version 1.0 1974 Death Arthur K Watson, U.S. businessman (IBM), dies at 55 1970 Event IBM announces System 370 computer 1954 Event IBM announces vacuum tube "electronic" brain that could perform 10 million operations an hour 1924 Event Computing-Tabulating-Recording Corp becomes IBM 1924 Event IBM Corporation founded by Thomas Watson 1910 Birthday Eero Saarinen, Finnish/U.S. architect, IBM Building, MIT Chapel 1889 Birthday Charlie Chaplin, Tramp, comedian, City Lights, IBM salesman 1874 Birthday Thomas J. Watson, American Scientist, IBM