Events on Jan 26
Launch of the Pentium II Chip
Intel launches the 333 MHz Pentium II chip.
Opening of "Phantom of the Opera"
The Andrew Lloyd Webber musical, "Phantom of the Opera," opens at Broadway's Majestic Theater.
India Becomes a Republic
India makes the official proclamation of being a republic as Rajendra Prasad takes the oath of office as president.
Great Britain in Hong Kong
Great Britain formally occupies Hong Kong, which the Chinese had ceded to the British.