Today in History

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June 9, 1992 Congress passed the Internet Communications Act, opening up the Internet to the public. At this time, when only defense contractors used it, the Internet had 50 websites; by 2000, it had 77 million… See More websites, now in the hundreds of millions. Before giving it to the public, the government once offered to give the entire internet to AT&T. They turned it down, because they didn't know what to do with it either.

[SMOKE 1,426]

June 9, 1992 Congress passed the Internet Communications Act, opening up the Internet to the public. At this time, when only defense contractors used it, the Internet had 50 websites; by 2000, it had 77 million… See More websites, now in the hundreds of millions. Before giving it to the public, the government once offered to give the entire internet to AT&T. They turned it down, because they didn't know what to do with it either.

i never heard that before. thats gotta be the worst business decision ever.

[I AM NOT THAT GUY 5,715]

i never heard that before. thats gotta be the worst business decision ever.

AT&T is still using twisted pairs to deliver high speed internet and analog voice for millions of subscribers. How lame is that?

[X Factor 1,112]

That's as bad as when Cocoa Cola had a chance to buy a struggling beverage company - Pepsi for a bargain price and turned it down.