Bill Rancic Defends His Wife Giuliana After Fashion Police Controversy: 'I Tried to Get Them to Release the Footage' 41 years, 2,191 covers and 55,436 stories from PEOPLE magazine's history for you to enjoy
- Kim Zolciak Breaks Down in Tears Off-Camera After Making Her Return to DWTS Post-Stroke
- Read the Cover Story: David Beckham: Sexiest Man Alive!
- Bob Saget Talks Mentor Bill Cosby's Sexual Assault Allegations: 'It's Just Sad For All The People Involved'
- Newborn Found in Manger of New York Nativity Church Nativity Scene
- Ben Affleck Admits Feeling a 'Ton Of Pressure' For Upcoming Movie Batman v Superman
On Newsstands Now
- Matthew McConaughey: In His Own Words
- Jessa Duggar's Wedding Album
- Brittany Maynard's Final Days
Pick up your copy on newsstands
Click here for instant access to the Digital Magazine
People Top 5
LAST UPDATE: Tuesday February 10, 2015 01:10PM EST
PEOPLE Top 5 are the most-viewed stories on the site over the past three days, updated every 60 minutes
- February 17, 1992
- Vol. 37
- No. 6
Taming the #!*?@!! VCR
Never in Recording History Have So Few Done So Much for So Many
So, Yuen, 42, teamed up with fellow scientist Daniel Kwoh, 42, a coworker at TRW Space & Technology Group in Redondo Beach, Calif., and set out to take the pain out of VCR programming. The result: VCR Plus, a hand-held device that lets you set up a recording simply by punching in a 4-to 8-digit code number. The device works with all wireless VCRs. All you need do is look up the code for the program you want to record (codes are printed in the TV listings of 350 newspapers and in TV Guide) and grab the gizmo.
Since the system's introduction in November 1990, some 3 million VCR Plus units have been sold (at about $60 a pop) in the U.S., Canada and Britain. Yuen and Kwoh's Pasadena-based Gemstar Development Corp., launched in 1986 with a $50,000 bank loan, now employs about 100 people and earned about million last year. Licensing arrangements could eventually add another $10 million in royalties annually—and that's before Yuen and Kwoh begin planned expansion into Europe, Japan and South America.
None of which, however, has changed the lives of the two Shanghai natives who met as graduate students at the California Institute of Technology. Now co-owners of Gem-star with six other major investors, they still run the firm from a modest Pasadena office suite and have kept their TRW jobs besides. Yuen, who, like his partner is married with two children, even has a third job, working twice a week as a business-law attorney. "We're very successful," explains Kwoh. "But we don't assume it will always be that way."
November 23, 2015
Treat Yourself! 4 Preview Issues
The most buzzed about stars this minute!