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Yahoo (/ ˈ j ɑː h uː / ⓘ, styled yahoo! in its logo) [4] is an American web services portal. The web portal provides search engine Yahoo Search and related services including My Yahoo, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Sports and its advertising platform, Yahoo Native. It is operated by the namesake company Yahoo!
Yahoo! grew rapidly through 1990–1999 and diversified into a web portal, followed by numerous high-profile acquisitions. The company's stock price rose rapidly during the dot-com bubble and closed at an all-time high of US$118.75 in 2000. [7] However, after the dot-com bubble burst, it reached an all-time low of $8.11 in 2001. [8]
Yahoo! will pay $1.1 billion for Tumblr, and the company's CEO and founder David Karp will remain a large shareholder. [ 117 ] May 20, 2013: The revamp of the Yahoo-owned photography service Flickr was launched in Times Square , New York, U.S. in an event that was attended by the city's mayor and a large contingency of journalists.
Yahoo! Inc. [3] was an American multinational technology company headquartered in Sunnyvale, California.Yahoo was founded by Jerry Yang and David Filo in January 1994 and was incorporated on March 2, 1995.
The company is headquartered in Manhattan, New York. [15] As of December 2019, the company employed about 10,350 people. [2] [16]A year after the completion of the AOL acquisition, Verizon announced a $4.8 billion deal for Yahoo!'s core Internet business, to invest in the Internet company's search, news, finance, sports, video, emails and Tumblr products. [17]
On June 16, 2017, the company that remained after Verizon Communications purchased the core Internet businesses of Yahoo! Inc. was renamed Altaba Inc. The new company, listed by the Securities and Exchange Commission as a "non-diversified, closed-end management investment company," [7] [32] immediately began trading on NASDAQ under the ticker symbol AABA.
The company is a public corporation and its headquarters is located in Sunnyvale, California. [2] It was founded by Stanford University graduate students Jerry Yang and David Filo in 1994. [ 3 ] According to web traffic analysis companies, Yahoo has been one of the most visited websites on the Internet, with more than 130 million unique users ...
Baidu, a Chinese company that would grow to provide many search-related services, launches. It was founded by Robin Li, who previously developed RankDex in 1996. 2002–03: Web search business consolidation: Yahoo! buys Inktomi (2002) and then Overture Services Inc. (2003) which has already bought AlltheWeb and Altavista.