Elisha Otis installed his first commercial elevator at 488 Broadway in New York City, US.
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The University of California was founded.
Benito Mussolini led a fascist political rally in Milan, Italy.
The PlayStation 3 was released in Europe, Austrailia, New Zealand, Africa, and the Middle East.
James Cameron's iconic film 'Titanic' won 11 Academy Awards, including Best Picture.
John Lennon's wife, Yoko Ono, was granted permanent residence in the United States.
