Word: webbed
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Dates: during 1990-1999
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...Internet is still in its infancy, but it is gaining more users every day and, in many respects, it is already changing society, just as other media have changed society. As the Internet continues to grow--when every school is wired to the Web, as so many politicians promise, and when everyone has an e-mail address from the postal service--how will society change, and will it be for the better...
More importantly, for Internet addicts, fantasy is liberated from reality on the Web, even if only for a little while. In the anonymity of cyberspace, people can play out their fantasies, make up new identities as easily as making up new screen-names. The Pawn can imagine herself a Queen, and no one knows the difference...
Rocket ships, shooting stars and race horses have been brought into service this past spring as metaphors for IPOs from web sites such as TheStreet.com and iVillage that tripled or quadrupled on their first day of trading. But when the highbrow site Salon when public yesterday the image was a flat flounder. Key was Salon's pioneering participation in a Net experiment that uses a Dutch auction to set the IPO price before trading. The Dutch format helped kill any big first-day run-up but it also cut out the Wall Street middlemen. Early shareholders may have missed...
With Internet companies popping up like dandelions after a summer rain--and being plucked for public offerings even before they start to flower--it's no wonder full-grown companies have been hard at work on their own Web gardens. Last week Walt Disney Co. became the latest media giant wanting to convert its Internet assets into a growth stock...
...conglomerate seeking to shine a light on its ventures in cyberspace. NBC is in the process of merging its Net properties with Xoom.com and Snap.com to form a new publicly traded company, NBC Internet. CBS has said it intends to spin off its stakes in Marketwatch.com Sportsline.com and other Web assets by the end of the year. And Viacom wants to do something similar with mtv.com vh1.com and other spawn of its cable holdings...