logos The Digital Year
  
Top 10 Digital Stories

1
   
Apple
2   E-Commerce
3   Internet Stocks
4   Cell Phones
5   Microsoft
6   Linux
7   Portals
8   Y2K
9   Starr Report
10   What Didn't Happen



1
 The Rise of the Portal

Yahoo on a Desktop Who said it first? Who first decided that a huge, sprawling, all-things-to-all-people web site should be called a portal? This was the year a when new strategy emerged on the Web: Instead of filling one narrow function and sending other surfers elsewhere, web sites started trying to do it all by themselves. They became stock tickers, phone books, communities, e-mail providers, news wires, personal organizers, auction houses and goodness knows all what else, all in one. The search engines started it -- Yahoo!, Excite, Infoseek -- and soon the software companies got in the act with Netscape's NetCenter and Microsoft's revamped, relaunched MSN.

And it worked: In October, eight of the 10 most-visited web sites were portal-style sites, and Yahoo!, the most successful of them, had amassed a market capitalization comparable to that of major multinational corporations. (Although not all portals were that successful -- witness the spectacular collapse of Zap.com.) But while 1998 proved that portals can draw traffic, there are still some huge question marks for 1999: Portals still generate very little revenue, and they haven't demonstrated that customers are genuinely loyal to portal brands.


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