The Internet. Word formation (Part III)

The Internet Modern Technology has had a great effect on the lives of people and their entertainment habits. Today, the Internet has undergone a phenomenal global growth. It has become a very important data-gathering and communication source. The Net circles the globe. Young people spend a lot of time on their computers because it's exciting and they have found on the Net new ways of meeting a base human need: the desire to communicate with other people. People can change electronic messages. The Internet becomes a post office, printing press and meeting place all in one. Most companies have their websites; others exist only on the Internet. They are usually called "dot corn" companies. Some successful Net businessmen are teenagers who are still at school. For example, Torn Hadfield, 16, started a football results website called soccer-net, and it became a great business.