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Yahoo (/ ˈ j ɑː h uː /, styled yahoo! in its logo) [4] [5] is an American web services provider. It is headquartered in Sunnyvale, California, and operated by the namesake company Yahoo! Inc., which is 90% owned by investment funds managed by Apollo Global Management and 10% by Verizon.
Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of its predecessor and merged them with AOL in 2017. [6] [7] The resulting subsidiary entity was briefly called Oath Inc.
Yahoo holds a 34.75% minority stake in Yahoo Japan, while SoftBank holds 35.45%, [168] Yahoo!Xtra in New Zealand, which Yahoo!7 have 51% of and 49% belongs to Telecom New Zealand, and Yahoo!7 in Australia, which is a 50–50 agreement between Yahoo and the Seven Network. Historically, Yahoo entered into joint venture agreements with SoftBank ...
Yahoo! Profile / Yahoo Pulse – A directory of Yahoo users with their personal information. Yahoo! Publisher Network – An advertising network that only accepted US based publishers; shut down on April 30, 2010. [60] Rocketmail – An email service acquired in 1997. Shut down but users were able to use an @rocketmail.com email address. [61 ...
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 ...
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]
In 2005, under Yang's direction but before he took over as CEO in 2007, Yahoo! purchased a 40% stake in Alibaba for $1 billion plus the assets of Yahoo! China, valued at $700 million. [4] In 2012, Yahoo! sold a portion of its stake in Alibaba for $7.6 billion. [14] The company made an additional $9.4 billion in Alibaba's 2014 IPO. [15]
Answers was created to replace Ask Yahoo!, Yahoo!'s former Q&A platform which was discontinued in March 2006. [14] The site gave members the chance to earn points as a way to encourage participation and was based on Naver's Knowledge iN .