TIM BERNERS-LEE INTRODUCES THE WEB
Tim Berners-Lee had developed a system meant to “allow links to be made to any information anywhere,” by combining hypertext with the Internet. On this date, he introduces his Web project on the alt.hypertext newsgroup and releases all of the ﬁles necessary for people to duplicate his invention.
PAUL KUNZ SETS UP FIRST U.S. WEB SERVER
After meeting with Tim Berners-Lee at the CERN Labs (CERN is the European Organization for Nuclear Research) near Geneva, Paul Kunz (of the Stanford Linear Accelerator Center (SLAC)) sets up the ﬁrst Web server in North America. Using Berners-Lee’s software, SLAC launches the ﬁrst U.S. Web site.
MOSAIC WEB BROWSER FOR WINDOWS IS RELEASED
Developed at the National Center for Supercomputing Applications in the U.S., the ﬁrst-ever Web browser, named Mosaic, is released. Mosaic allows the general public to navigate through the limited but growing amount of information on the Web.
CERN ANNOUNCES FREE USE OF THE WEB
CERN is persuaded by Tim Berners-Lee and a colleague to provide Web technology and codes at no cost for anyone to use. This is a turning point, fueling the rapid expansion of the Web.
‘THE TECH,’ PUBLISHED BY M.I.T. STUDENTS, BECOMES THE FIRST ONLINE NEWSPAPER HTML PROGRAMMING LANGUAGE IS RELEASED FIRST WEBCAM GOES ONLINE
Who says a watched pot never percolates? A group of coffee-drinking computer scientists at Cambridge University, annoyed at having to walk up many ﬂights of stairs only to ﬁnd the coffee pot empty, install the ﬁrst Webcam to monitor the pot remotely.
David Filo and Jerry Yang, students at Stanford University, launch “Jerry’s Guide to the World Wide Web”—a hierarchical directory of other sites. It is later named Yahoo, which stands for Yet Another Hierarchical Ofﬁcious Oracle.
FIRST MAJOR BANNER ADS APPEAR ON WEB SITES
AT&T and Zima (a clear beer that never really caught on) are among the initial crop of banner advertisers.
RADIO HK LAUNCHES FIRST FULL-TIME WEB RADIO STATION ONLINE BOOKSTORE AMAZON.COM IS LAUNCHED
Jeff Bezos launches Cadabra.com, an online bookstore later renamed Amazon.com, one of the ﬁrst e-commerce sites.
THE WEB BOOM HITS THE STOCK MARKET
Netscape, one of many Web companies to go public, records the third largest IPO share value ever on the NASDAQ exchange.
INTERNET EXPLORER RELEASED
Microsoft launches Internet Explorer as part of Windows 95, igniting the so-called “browser wars.” This signals the end of the Netscape era and ushers in a new series of headaches for site programmers.
EBAY AUCTIONS BEGIN
Originally named AuctionWeb by founder Pierre Omidyar, eBay goes on to facilitate tens of thousands of transactions every day (the ﬁrst sale is for a broken laser pointer sold for $13.83).
ALTA VISTA IS LAUNCHED AS THE FIRST MULTILINGUAL SEARCH ENGINE
DOMAIN NAME SALE FRENZY HEIGHTENS
The high-priced game of selling domain names turns into a modern-day gold rush, as the domain name Business.com is sold for $150,000. Court cases over domain name ownership rights vs. trademark infringement begin to spring up.
LET THE BLOGGING BEGIN
Jorn Barger, editor of Robot Wisdom, coins the term ‘Weblog’ (later shortened to ‘blog’) to describe the process of logging on the Web.
GOOGLE IS LAUNCHED
From their California garage, Stanford University postgraduates Larry Page and Sergey Brin unveil their research project—a search engine designed to analyze the relationships between Web sites in order to rank their importance.
EVERQUEST GETS ROLLING
Although not exactly a household name, Everquest, a “massively multiplayer online role-playing game” preludes social networking.
MUSIC INDUSTRY GETS ROCKED
Launched by college student Shawn Fanning as a way for him and his friends to find and share mp3 files, Napster becomes the first widely used peer-to-peer ﬁle-sharing device. Napster makes it easier for listeners to obtain music (for free) and raises the ire of the music industry. After a series of highly publicized court cases involving Napster, new laws helped shape modern copyright standards and paved the way for newer, legal forms of mp3 download programs, including iTunes.
AOL PURCHASES TIME WARNER
The largest corporate merger to date, the sale of Time Warner to AOL would later become one of the most highly criticized as AOL eventually lost its luster.
THE DOW JONES INDUSTRIAL AVERAGE REACHES AN ALL-TIME HIGH THE NASDAQ REACHES ITS PEAK
The NASDAQ exchange, where many Web and technology stocks are traded, hits its high, thereafter losing ground as investors begin to take a grim look at their Web investments.
NUMBER OF WEB SITES HITS THE 20 MILLION MARK
PODCASTING IS DEAD
The ﬁrst ever podcast is demonstrated with a Grateful Dead song.
Jimmy Wales launches Wikipedia, an online encyclopedia.
ETOYS.COM FILES FOR BANKRUPTCY JULY WEBVAN FILES FOR BANKRUPTCY
2002 AND BEYOND….
The heyday of easy Web money and the expectation of a radical new economy were gone. In the aftermath, the Web community was left to reexamine itself and how it ﬁt into a world that was now once bitten, twice shy.
Newly minted college grads with big ideas but little practical experience no longer had the luxury of spending millions of dollars of venture capital money at a breakneck pace.
Of course, the Web didn’t go away or even diminish in its importance—it simply became more serious about its usefulness.
For the next few years, few new Web IPOs generated signiﬁcant media buzz, and the Web began to ﬁnd its true comfort zone in a new business environment.
MORE TO COME…..