The first ever International Conference on the World Wide Web, known as WWW1, was held at Geneva, Switzerland on 25May May 1994.
The event was organised by Robert Cailliau, a computer scientist who had helped Sir Tim Berners-Lee develop the World Wide Web. Cailliau also created a logo for the WWW. Six people were inducted into the World Wide Web Hall of Fame and each received a Chromachron watch, engraved with the WWW logo.
The event is fondly referred to as the “Woodstock of the Web” by geeks.
In 2008, Microsoft made a move to buy Yahoo! for more than $40 billion. Jerry Yang, the co-founder, quickly rejected the offer stating that it "substantially undervalues" Yahoo! and is not in the interest of its shareholders. As of 2014, the company's revenue was down to $5 billion. [more...]