The real story
Bandai released the Tamagotchi in Japan on 23 November 1996. The name blends 'tamago' (egg) and 'watch'. It was created by Aki Maita and Akihiro Yokoi, who wanted a pet small enough to take anywhere. If you ignored it, it got sick and could die, and that was exactly what made kids care. Bandai has since shipped more than 100 million of them worldwide.
Within months schools from Hawaii to Hong Kong were banning them, because kids snuck them into class to feed them on time. In 1997 Maita and Yokoi received the satirical Ig Nobel Prize in Economics for diverting millions of hours of work into raising virtual pets. Psychologists even use the term 'Tamagotchi effect' for the real emotions people feel toward machines.