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Cyber-void surrenders blasts from the past

2-MIN READ2-MIN
SCMP Reporter

The Internet may be growing by as many as 50 million new users a year, but that does not mean it is improving.

While the number of funky, optimistic new Web sites also grows, newcomers stand an ever-greater chance of being overlooked and disappearing into the cyber-void.

For any Internet business, Web traffic is wealth, and with the major intersections such as Yahoo! and America Online attracting tens of millions of unique visitors each month, the trickle-down effect does not always reach the far corners of the Web.

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And the ongoing stock market correction that has sown confusion and despondency among the world's day traders has not helped smaller sites.

Keeping tabs on the misfortunes of cashless Web pioneers is the reason behind Dotcomfailures, at www.dotcomfailures.com.
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The site is updated daily with the latest news on Web sites losing lawsuits or revenue, announcing lay-offs or bugs and ultimately going to the wall.

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