The Internet, itself, is hardly news — but its far-reaching, lightening-speed impact is hard to ignore.
Today’s global technology system actually took more than 60 years to come of age. Started during the 1950s by military officials concerned that Russia might attack the United States during the Cold War, that technology became the precursor to the World Wide Web browser which debuted during 1991.
Since then development of the Web snowballed. One key advance was the connection of AOL’s system to global computer networks in 1993, which enabled a once-government- and university-controlled Internet to host individual URLs, Web sites and e-mail.
Today’s most popular Web sites have emerged at universe-expanding speed, especially thanks to social networking hosting sites such as Facebook, MySpace, Linked In and Twitter.
Facebook, with 350 million users, was first used by Harvard University students and LinkedIn came along during 2004; MySpace originated during 2006; and Twitter, the latest social and e-commerce vehicle, followed during May 2008.
Video-sharing Web site, YouTube was first developed during February 2005 and sold in less than two years to Google for a mere $1.65 billion.
Fast forward to 2010. The online landscape is lush with interconnectivity — and e-commerce opportunity abounds. In addition, new enterprise layers have sprouted. These subcategories include Google, Yahoo and Bing; Photobucket or Flickr; companies such as Webmetrics that measure online activity; e-commerce sites like Amazon and eBay; payment services like PayPal and anti-virus software developers like McAfee or Norton.