Yahoo! History, Sale And Facts

Yahoo! History, Sale And Facts – Yahoo! is an Internet portal that comprises a search engine as well as a directory of World Wide Web sites organized in a hierarchy by topic areas. It acts as a resource for both new and seasoned Web users. users, providing a structured view of hundreds of thousands of websites and millions of pages. It also offers one of the most effective methods for searching the Internet for a specific topic. If a search argument does not go If you go to a Yahoo topic page, you’ll see results from the six or seven popular search engine sites Yahoo recommends.
Yahoo!, or Yahoo! Inc., is a multinational Internet services provider headquartered in Sunnyvale, California, owned by Verizon Communications since 2017. Jerry Yang and David Filo, both graduate students at Stanford University in California, launched it in 1994. Yahoo! delivers online utilities, information, and links to other websites to its customers.
Yahoo! began as a simple collection of Yang and Filo’s favorite Websites, with features such as a search engine, an e-mail service, a directory, and a news branch. It was initially known as “Jerry and David’s World Wide Web Guide.” Still, as the site gained popularity, it was renamed Yahoo!, which stands for “Yet Another Hierarchical Officious Oracle.
” Yahoo! was founded in 1995 and has since purchased several enterprises, including Rocketmail and, which became Yahoo! Mail and Yahoo! Games, respectively. Yahoo! survived the collapse of many Internet-based enterprises in 2001–02 as one of the major players in the dot-com craze of the late 1990s, but it suffered significant financial losses.
For many years, Yahoo! battled Google, a significant search engine competitor, to gain a larger portion of the market. Yahoo! notably launched Yahoo! Instant Messenger, purchased the Internet photo network Flickr, added a slew of new services, and purchased a 40% stake in Alibaba, a Chinese e-commerce startup. Despite these moves, several of Yahoocompetitors !’s have survived. Microsoft Corporation offered to buy Yahoo! $44.6 billion in February 2008; Yahoo! rejected the deal, and Microsoft subsequently canceled its offer. However, the businesses continued to negotiate. On July 28, 2009, an agreement was reached in which Yahoo! would use Microsoft’s search engine, Bing, for its website and manage premium adverts for Microsoft’s website, with a ten-year agreement.
Yahoo! appointed Marissa Mayer as CEO and president in 2012 amidst mounting financial difficulties. Even though she was instrumental in creating Google, her efforts to bring Yahoo! around were largely unsuccessful.
Verizon Communications stated in 2016 that it would buy the company’s core assets, including its Internet business, for $4.8 billion. The disclosure that Yahoo! had been victim to a series of security breaches, which were claimed to have affected more than one billion user accounts, delayed the closing of the sale; it was eventually confirmed that all Yahoo! accounts (about three billion) had been hacked. The final deal, which took place in 2017, was estimated to be worth $4.48 billion. Yahoo! was later absorbed into the newly formed company Oath, albeit it continued to function as a separate entity. The remaining component of Yahoo!, including its stake in Alibaba, was reconstituted as Altaba.
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