The History Of E-Commerce

By P4RK3R
  • Period: to

    technology

  • 1995

    Existing online services (Prodigy, CompuServe, AOL) begin offering access to the Internet.
    *    *Amazon sells its first book.
    *NSFNET reverts back to a research project, leaving the Internet in commercial hands. The Web now comprises the bulk of Internet traffic. The Vatican launches www.vatican.va. James Gosling and a team of programmers at Sun Microsystems release an Internet programming language called Java

  • 1996

    *Nearly 10 million hosts online. The Internet covers the globe.
    *Portals and electronic retailers grabbed most of the Web headlines.
    *As the Internet celebrates its 25th anniversary, the military strategies that influenced its birth become historical footnotes. *Approximately 40 million people are connected to the Internet.
    Users in almost 150 countries around the world are now connected to the Internet. The number of computer hosts approaches 10 million.

  • 1998

    *Year end retail sales are up 5/1% from 1997 year end.
    *eBay's stock soars 163% on its first day of trading.
    *The number of Internet hosts climb to 29 million.
    *Apple debuts the iMac -sans floppy drive.
    *The median household net worth surges 17.6% from 1995 to 1998.

  • 2002

    *The 2002 Winter Olympics are held in Salt Lake City, Utah. *I was born

  • 2003

    *Martha Stewart is indicted and resigns as chairperson and CEO of Martha Stewart Living.
    *The Dow Jones Industrial average goes above 10,000 for the first time in 19 months.
    *Space shuttle Columbia explodes, killing all 7 astronauts.
    *Weekly online retail sales reaches a record setting $2 billion, growing more than 25% from 2002.
    *Supreme Court decisively upholds the right of affirmative action in higher education.
    *Apple launches the iTunes store.

  • 2009

    *Circuit City closes all of its stores.
    *US Airways Flight 1549 falls in the Hudson River off Manhattan. All 155 passengers and crew are evacuated and taken to safety.
    *The IMF issues its worst outlook for the world economy in 60 years.

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    trump is inaugurated, people riot all over the country.