The Internet

December 4, 2001

Disguised as a screen saver and spread through an infected user’s Microsoft Outlook e-mail software, the Goner worm spreads through the Internet at a pace second only to the Love Bug virus the previous year. Goner was estimated to cause about $80 million dollars in damage.

December 1, 1999

The domain name business.com sells for $7.5 million. At the time, it was the most expensive domain name sold in history and still ranks in the top 15 all-time most expensive domain names. Domain name investor Marc Ostrofsky had purchased the domain in the mid 90’s for $150,000.

In 2007 the company that owned Business.com and created a ad network website around the domain sold for $345 million to Yellow Pages publisher R.H. Donnelly. Marc Ostrofsky reportedly owned a stake in this company as well.

If only I had the foresight in the 90’s to buy up simple domain names when they were all available! I was in the right position to do so, but I just didn’t think of doing it until years later when they had already been registered and started selling for crazy amounts of money. However, I did help my parents sell a domain they registered in the 90’s for $20,000. Looking back now, I probably could have gotten a lot more for it.

December 1, 1996

America Online launches a new subscription plan offering their subscribers unlimited dial-up Internet access for $19.95/month. Previously, AOL charged $9.95/month for 5 hours of usage. The new plan brought in over one million new customers to AOL within weeks and daily usage doubled among subscribers (to a whole 32 minutes per day!). This huge increase in usage overloads AOL’s infrastructure with the result being that many of their subscribers could not access the service. Class action lawsuits were filed by angry subscribers who could no longer access the service they were paying for. Regardless of their trouble, by offering unlimited Internet access for a reasonable fee, AOL helped facilitate increased adoption of Internet usage among a public still becoming acclimated to the “Information Superhighway”.

December 1, 1971

Michael Hart, founder of what is now known as Project Gutenberg, launches the project by making his first posting, the Declaration of Independence. Now known as the father of eBooks, earlier in the year Hart had been given an operator’s account on a mainframe at the University of Illinois, where he was a student. Having been given highly valuable computer time when few people had such opportunity, he decided to begin a project that would digitize and electronically preserve public domain books and texts and make them freely available. The Xerox Sigma V mainframe at the Materials Research Lab at the University of Illinois just happened to be one of the first 15 nodes on the early ARPANet, the beginning of the modern Internet. The ability to for anyone connected to this network to download information was a major inspiration for Hart to begin Project Gutenberg.

November 25, 2002

Digital media software company Roxio purchases the assets of the former Napster, including name, logo, domain name, technology portfolio, and other intellectual property. Napster was the peer-to-peer file sharing service that changed the music industry forever, facilitating the easy sharing of music, much to the chagrin of the established music industry. The RIAA sued Napster causing a judgement against the file-sharing service requiring them to monitor its network for copyright infringing material and restrict access when made aware of such incidents. Napster could not comply with this court order and shut down its service before declaring bankruptcy in 2002.

Roxio was the first company to attempt to use the Napster brand for a music service, renaming Pressplay as Napster 2.0. In September 2008, Best Buy purchased the Napster service for $121 million, before merging it with the Rhapsody service in December 2011.

November 24, 1998

AOL announces it will buy Netscape Communications in a stock-for-stock deal worth approximately $4.2 billion. At the time it was considered a move by AOL and Netscape to merge forces to better compete with Microsoft in the browser and Internet provider markets. However, Microsoft’s dominance in the personal computer market could not be stopped and the Netscape browser lost almost all marketshare to Internet Explorer. In 2003 Microsoft settled a monopoly lawsuit with AOL (then merged with Time Warner) for $750 million over the loss of value of Netscape. AOL itself, once a dominant Internet Service Provider, slowly lost their subscriber base with the evolution of broadband Internet in the 2000’s and operates primarily as a media conglomerate, although their dial-up service still subscribes approximately 2 million users as of 2013.

November 21, 1969

A little less than a month after the first test message was sent, the first permanent link on the ARPANet is established between UCLA and the Stanford Research Institute. As the ARPANet was the foundation of the modern Internet, this connection can now be considered the very first link of what we now know as the Internet.

November 12, 1990

About 2 and a half years after he first submitted a proposal to his employer, CERN, for developing a new way of linking and sharing information at the European research institution, Tim Berners-Lee submits a formal proposal for a hypertext project he calls “WorldWideWeb”. In this proposal he lays out his vision for what will become the modern World Wide Web. By Christmas Day he will have the prototypes of a web server and web browser operational. By the end of February of the next year he will present the project to his colleagues at CERN. By May the first web server will go online internally at CERN. And by August, having realized the potential for his new system on the Internet at large, he will announce the project publicly on the alt.hypertext usenet group along with the first public web server hosted at CERN.