Tokyo Telecommunications Engineering, later renamed to Sony, was founded with approximately 20 employees.
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President Gerald Ford declares an end to the 'Vietnam Era.'
The American Medical Association was formed.
Ludwig van Beethoven's 9th (Chorale) Symphony premiered in Vienna.
The sci-fi film 'The Fifth Element,' written and directed by Luc Besson, was released.
Vladimir Putin was inaugurated as President of Russia.