Computer Science 1033A/B Lecture Notes - Lecture 12: Tim Berners-Lee, Jeff Bezos, Pierre Omidyar

• School: Western University
• Department: Computer Science
• Course: Computer Science 1033A/B
• Professor: Vivi Tryphonopoulos

Document Summary

Any type of business or commercial transaction that involves the transfer of information across the internet. Online shopping buying and selling goods/services on internet: it is estimated that the united states will spend billion online in 2016. E-commerce businesses sell: physical goods books, gadgets, furniture, appliances, etc. (shipping involved, digital goods software, ebooks, music, text, images, video etc. (immediate download, services tickets, insurance etc. (e-copies) 1980s: compuserve added a service called electronic mall, purchasing from merchants was not successful. 1990: tim berners lee created the world wide web. 1994-1995: work began with processing online credit card sales, jeff bezos boxed up the first book ever sold on amazon from a seattle garage. Within 30 days of business he sold to online shoppers in. Made it cheap to ship and easy to order from publishers. Amazon. com set the standards for customer-oriented e-commerce websites: ebay pierre omidyar broken laser pointer. Advantages: known as the holy grail of retail , for businesses: