History The

History The Company ‘Beverly Hills’ (BHI) webhosting and web development began with a web directory itself, which was organized thematically in six “neighborhoods.” These were named as cities or regions according to their content – for example, computer-related sites are placed in “SiliconValley” and everything related to entertainment is assigned to “Hollywood.” Web cameras that transmitted live will be placed in several real places to highlight the geographical concept. In mid-1995, the company decided to offer users of its website, known as “Homesteaders”, the possibility of developing their own web pages in the neighborhoods of the company, assigning a street and house number. Currently, this scheme has been abandoned in favor of a schema with the user name as a subdomain. So then, chats, newsletters and other virtual communities are added quickly, helping the rapid growth of the website.In December of that year, Geocities now has fourteen districts, adds dozens of new Homesteaders a day and comes to serve six million pages per month. Given this success, the company decided to focus on increasing the number of users and expanding the virtual community. On the 15th of the month happens to be known as GeoCities. Over time, several companies, including Yahoo!, Begin to fully participate in Geocities and invest in it. The site continues to grow with the introduction of advanced payment services. In May 1997, the company introduced advertising on their pages. Despite negative reaction from users, the company continues to grow. Arriving in June 1997, GeoCities was the fifth most visited website in October of that year internet.En the company reaches a million Homesteaders. In June 1998, in an effort to increase its presence marks, GeoCities introduced watermark on the pages of the users.The watermark is much like a “fly” on a television. It consists of an advertisement in GIF format, transparent and floating. Use Javascript to stay in the top right corner of your browser screen. Many users find that the watermark interferes with the design of your website and begin to move your pages to other servers. The watermark also causes safety problems with the browser and clashes with the markup of several pages. Geocities said in a press conference that the company has received congratulations on the watermark. The company entered the electronic stock market NASDAQ in June 1998, listed under ‘GCTY. The price of the IPO is 17 USD, rising rapidly to over 100 USD.However, in January 2000, was bought by Yahoo! for 4,000,000,000 USD, taking Yahoo! control on 28 May. The purchase by Yahoo! GeoCities was extremely unpopular and users began to leave en masse in protest against the new contract imposed by Yahoo! GeoCities. The terms of the contract indicated that the company would own all the rights of content, including images and sounds. Quickly Yahoo! quickly reversed its decision. Yahoo! decides to eliminate neighborhoods and streets of the URLs. URLs are replaced with the type http://www.geocities.com/nombredelusuario. Following a complaint filed against AOL for its group of community leaders, GeoCities’ volunteer program (Community Leaders).In 2001, after speculation by analysts that GeoCities was not yet profitable (it has declared an 8 million loss in the final quarter of 1998), Yahoo! introduced a service for-free premium hosting on Geocities. In April 2009 it was announced that GeoCities disappear for life, so it stopped accepting new registrations, so that finally the day October 26, 2009 all of its servers were formatted so it was not possible to recover something that had been hosted on these servers.

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