The Advanced Research Projects Agency Network (ARPANET) 1960’s, was the world's first operational “packet switching” network and the core network of a set that came to compose the global Internet. The network was created by a small research team at the Massachusetts Institute of Technology and the United States Department of Defense. Packet switching, today the dominant basis for data communications worldwide, was a new concept at the time of the conception of the ARPANET. Data communications had been based on the idea of circuit switching, as in the traditional telephone circuit, wherein a telephone call reserves a dedicated circuit for the duration of the communication session and communication is possible only between the two parties interconnected.With packet switching, a data system could use one communications link to communicate with more than one machine by collecting data into datagrams and transmit these as packets onto the attached network link, whenever the link is not in use. Thus, not only could the link be shared, much as a single post box can be used to post letters to different destinations, but each packet could be routed independently of other packets.
Developed at University of Illinois in 1992 and was the first image/graphic based web browser.
1995 – 2000 peaking with the NASDAQ peaking at 5132.52 on March 10, 2000. Rise of businesses and spectacular failure of businesses who in many cases operated at a “sustained net loss” in order to build market share. Think “burn rate”.
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Josh Simpson – aspiring comedian--- PREPARE NOW FOR THE BATTLES AHEAD AND STOCK PILE YOUR CREDENTIALS!
Kristie Hammonds & MichaelSetzer (1MM+ Youtube views followed by drop in revenues)