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| Monday, 18 March, 2002, 16:04 GMT Dot.com timeline ![]() 1969: Arpanet, US-backed forerunner of the internet, goes live. 1973: Two US researchers devise protocol, to allow development of single-network Arpanet into multi-network internet. 1980: Tim Berners-Lee, at particle research station Cern, devises rules to start world wide web, and allow easy travel around the internet. 1982, 12 August: US bear market ends, with Dow Jones industrial average (DJIA) at 776.92 points, and Nasdaq at 159.84. 1990: In an article in the Washington Post, Al Gore introduces phrase "superinformation highway" to politics. 1992: America Online, which had been launched as a distributor of online games, floated, raising $23m. 1993, Jan: First issue of Wired published. Launch of web browser Mosaic, forerunner to Netscape Navigator. 1995, July: Amazon launched. Yahoo incorporated 1996, 12 April: Yahoo shares nearly triple in price on first day of trading. 1998: Oct, inaugural First Tuesday meeting. 1999, February: Amazon founder Jeff Bezos, with a fortune estimated at $10.1bn, reaches number 19 on Forbes' global rich list. Sept: UK Prime Minister Tony Blair warns companies: "If you're not exploiting the opportunities of e-commerce, you could go bankrupt." Nov: Fashion e-tailer Boo.com launches. 31 Dec: FTSE 100 peaks at 6.930.20. 2000, Jan 10: AOL and Time Warner announce merger Jan 14: DJIA hits all-time closing high of 11,722.98. January 30: More than 20 dot.coms. including Pets.com and Epidemic.com, pay up to $3m each for 30-second TV advertising spots at American football Super Bowl match. March 2: Tony Dye quits Phillips & Drew, after forecasts of share crash fail to materialise. March 6: FTSE Techmark index reaches record closing high of 5,743.40. March 8: Tech firms including Freeserve, Psion, Thus and Baltimore Technologies promoted to FTSE 100 elite of top London listed firms. March 10: Nasdaq reaches all-time closing high of 5.048.62. March 14: Lastminute.com shares soar 28% on first day of trading. May: Boo.com collapses, after spending $135m. June: Psion, Baltimore Technologies, Kingston Communications and Thus ejected from FTSE 100. August: Altavista UK chief Andy Mitchell resigns over unmetred net access package which was never launched. November: Pets.com become first listed US dot.com to collapse. Other notable failures that month included Garden.com and Furniture.com. December: UK internet service provider Freeserve bought by French rival Wanadoo. 2001, March: EToys fails. April: Monthly statistics for US dot.com lay-offs peak at 17,554. May: Monthly statistics for US dot.com closures peak at 64. August: Case bought by Amazon investor against leading dot.com analyst Mary Meeker fails. 21 September: Nasdaq hits 1,423.19. FTSE Techmark hits record low of 1,064.98. 23 September: DJIA hits 8,235.81. 2002, January: Amazon announces first quarter in profit. February: Entertainment site E-District settles case with former boss Steve Laitman sacked over claims of inflated traffic figures. Amazon's Jeff Bezos, with fortune down to $1.5bn, ranked 293 on Forbes global rich list. March: Plans revealed to relaunch Sportal sports site. |
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