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Yahoo! Messenger (sometimes abbreviated Y!M) was an instant messaging client and associated protocol created and formerly operated by Yahoo!.Yahoo! Messenger was provided free of charge and could be downloaded and used with a generic "Yahoo ID", which also allowed access to other Yahoo! services, such as Yahoo!
2017: AOL officially shutters its Instant Messenger platform after a 20-year run. It also announces the inception of Oath, Verizon's new digital umbrella, bringing AOL, Yahoo, HuffPost, Engadget ...
On February 21, 2017, Verizon agreed to lower its purchase price for Yahoo! by $350 million, and share liabilities regarding the investigation into the data breaches. [71] On June 8, 2017, Yahoo shareholders approved the company's sale of some of its Internet assets to Verizon for $4.48 billion. The deal officially closed on June 13, 2017.
Yahoo's first acquisition was the purchase of Net Controls, a web search engine company, in September 1997 for US$1.4 million. As of April 2008, the company's largest acquisition is the purchase of Broadcast.com , an Internet radio company, for $5.7 billion, making Broadcast.com co-founder Mark Cuban a billionaire.
Verizon Communications Inc said it had agreed to buy Yahoo Inc's core internet business for $4.83 billion in cash.
The sale will see online media brands under the former Yahoo and AOL umbrellas like TechCrunch, Yahoo Finance and Engadget go to Apollo. Verizon sells Yahoo and AOL businesses to Apollo for $5 billion
Verizon Communications acquired AOL in 2015, and operated it as a separate subsidiary. In 2017, Verizon bought the first Yahoo! Inc. and merged it with AOL, creating the second Yahoo! Inc. The company sold a 90% stake in Yahoo! to Apollo Global Management in 2021, and AOL was placed under Yahoo!’s umbrella.
Verizon is throwing in the towel on its content business, announcing plans to offload Verizon Media — which encompasses the AOL and Yahoo brands it acquired several years ago — in a $5 billion ...