History
In the late 1990s the web portal was a hot commodity. After the proliferation of web browsers in the late-1990s many companies tried to build or acquire a portal to have a piece of the Internet market. The web portal gained special attention because it was, for many users, the starting point of their web browser. Netscape became a part of America Online, the Walt Disney Company launched Go.com, IBM and others launched Prodigy, and Excite and @Home became a part of AT&T Corporation during the late 1990s. Lycos was said to be a good target for other media companies, such as CBS.
The portal craze, with old media companies racing to outbid each other for Internet properties, died down with the dot-com bust in 2000 and 2001. Disney pulled the plug on Go.com, Excite went bankrupt, and its remains were sold to iWon.com. Some portal sites such as Yahoo! and those others first listed in this article remain active.
Read more about this topic: Web Portal
Famous quotes containing the word history:
“Regarding History as the slaughter-bench at which the happiness of peoples, the wisdom of States, and the virtue of individuals have been victimized—the question involuntarily arises—to what principle, to what final aim these enormous sacrifices have been offered.”
—Georg Wilhelm Friedrich Hegel (1770–1831)
“Man watches his history on the screen with apathy and an occasional passing flicker of horror or indignation.”
—Conor Cruise O’Brien (b. 1917)
“The history of any nation follows an undulatory course. In the trough of the wave we find more or less complete anarchy; but the crest is not more or less complete Utopia, but only, at best, a tolerably humane, partially free and fairly just society that invariably carries within itself the seeds of its own decadence.”
—Aldous Huxley (1894–1963)