condensed

In 1968 two men, Bob Noyce and Frank Moore, quit their engineering job at Fairchild Semiconductor Company. They raised $2.5 million dollars in just under two days to start their own business. They called their business Intel, short for Integrated Electronics.

In 1969, a Japanese calculator company, Busicom, called Intel to have 12 different custom chips designed. Ted Hoff thought that maybe they could build one chip to hold all of the information, instead of twelve. Federico Faggin, Ted Hoff, and Stan Mazor were three very lucky Intel engineers. They worked for 9 months on creating the new software. Finally, the chip was created. The chip was sent to Busicom in 1971. Busicom sold the design to Intel, and the next year Busicom went bankrupt. Mazor, Hoff and Faggin continued to build the 8008 and 8080 CPU chips. People everywhere started using the 4004 chip. It was the world's first universal microprocessor. At 1/8th inch wide and 1/6th inch long, it held 2,300 MOS transistors.
Later, a very smart man named Tim Berners Lee invented the world wide web. Work on the web started in 1990. It became available with CERN in December. By the summer of 1992, the internet became available to everyone. To this day, it is the fastest growing phenomenon ever. In 1992, there were only 50 web pages available on the internet. He decided to name it the world wide web because it was like a web connecting the different parts of the world. However, the web Lee invented was not very user friendly. A 23 year old college student invented Netscape, a web browser. This skyrocketed the use of the web.