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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!
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.
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.
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
July 25, 2016: Verizon agrees to purchase Yahoo's operating business for $4.8 billion. [146] September 22, 2016: Yahoo! reports a data breach of user account data that occurred sometime in late 2014, and affected over 500 million Yahoo! user accounts − said to be the largest known data breach by then. [147]
On August 27, 2007, Yahoo! released a new version of Yahoo! Mail. It added Yahoo! Messenger integration (which included Windows Live Messenger due to the networks' federation) and free text messages (although not necessarily free to the receiver) to mobile phones in the U.S., Canada, India, and the Philippines. [46]
AOL Mail welcomes Verizon customers to our safe and delightful email experience!