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Virtual Capitalism Timeline: Search Results
 
Currently displaying records 1 through 12 of 12 for the following search criteria:
AllProjectPages begins with "Virtual-Capitalism"
year greater than or equals "1990"
year less than or equals "1999"
 

 

Date

Event

Topics

Details 1990
ARPAnet is decomissioned and ceases to exist.

Tim Berners-Lee first proposed a global hypertext system dubbed the World Wide Web.

The World comes on-line, becoming the first commercial provider of Internet dial-up access. Archie, the first Internet search engine is developed at McGill University in Montreal.

 
 
Details 1991
The World Wide Web (WWW) is released by CERN; Tim Berners-Lee is head developer. 
 
Details 1992
The number of hosts in the net breaks 1,000,000. The world bank, white house, and the UN come online. Buisness and the media begin to take notice of the Internet. Mosaic, a web browser, becomes the most used tool to "surf the web". 
 
Details 1995
Shopping malls on the Internet become popular as buisness online rapidly grows. A number of net related compaines go public, such as Netscape (August 9, 1995). Sun launches Java, and search engines become popular. 
 
Details Sept 5, 1995
E-bay is founded by Pierre Omidyer. Business derived by chance conversation about how to find people that want to sell their Pez candy dispensers. 
 
Details Sept 24, 1998
E-Bay goes public for the first time on Nasdaq on September 24, 1998, and it's share and stock triple on that same day. 
 
Details 1999
Currently eBay is host to about 2.6 million auctions each day. EBay users exchanged more than $500 million of merchandise last year. It is estimated that one in twenty packages sent between private individuals via the post office is a purchase made on eBay
 
Details Mar 1999
Amazon.com, formaly a book aution buissness, announces thta it will enter the on-line auction buissness. They go head to head with E-Bay and are now in E-bay's major competitor. 
 
Details Apr 1999
A 13 yr. old New Jersey teen bids more than $2.5 million on E-Bay. The teenager had his parents password and bid on eleven different items such as a corvette, doctor's office, and a real viking ship before being caught and logged off permanently. 
 
Details June 10, 1999
E-bay has a 22 hour outage due to database server problems. E-bay refunded all fees and extended dates by two days. In one day E-bay loses $3-$5 million. 
 
Details Aug 1999
E-Bay announced to it's costomers that they would charge $1.00 for reserve auction items. Costomers responded by flooding E-Bay's chat rooms with complaints. In responce, E-bay dropped the price to $0.50 per transaction. 
 
Details Sept 2, 1999
A human kidney is auctioned on E-bay for $5,750,100. Bid started for $25,000 and was removed because it is illegal to sell human organs in the U.S. There are about 42907 patiens on the list for kidney transplants and the wait is about 3yrs. 
 
 
 
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This page is part of the Transcriptions Project
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Database design by Alan Liu | Graphic design by Eric Feay
(last rev.
9/9/99)