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Baseline is the second recent acquisition by the Times Company of a significant Internet operation.
The Ukrainian Orange Revolution of 2004 had a significant Internet component.
Shaun Fensom, founding director of Manchester Digital, explains: "Manchester has the most significant internet exchange outside London.
Since its founding, Google has spent large sums to secure what it has calculated to be significant Internet marketing advantages.
Perhaps it's inevitable that the status required to have a significant internet policy effect will keep rising.
"I'm trying to think of any significant Internet activity that was popular, and on an upswing, and saw a decline of this level," he said.
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A few weeks ago, after a speech I gave about cybercrime, a board member of a significant Internet-based company took me aside and admitted, with some horror, that his company's board had not spent a single minute discussing cybersecurity.
The roots of online rate chasing go back to 1996, when NetBank, the first significant Internet-only operation, offered savings rates that were higher than any on a brick-and-mortar passbook account, so long as savers were willing to open an account at a bank with no physical branches.
U.S. Attorney Preet Bharara wrote an op-ed for The New York Times in June wherein he mentioned an encounter with the board member of "a significant Internet-based company (who) took me aside and admitted, with some horror, that his company's board had not spent a single minute discussing cyber security".
Here are the changes he thinks are most significant: The Internet revolution is the fastest economic change humans have experienced, and it is accelerating.
It was one of the first significant consumer Internet acquisitions after the dot-com crash, and it illustrates the tough decisions that entrepreneurs have to make — particularly when facing acquisition offers.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com