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Yahoo, AOL, and HuffPost were to continue operating under their own names, under the umbrella of a new company, Oath Inc., later called Verizon Media. [87] [88] The parts of the original Yahoo! Inc. which were not purchased by Verizon Communications were renamed Altaba, which was later liquidated, making a final distribution in October 2020. [89]
June 1998: Together with the ymail.com domain name, Four11's Rocketmail is incorporated into Yahoo! Mail. [7]June 8, 1998: Yahoo! acquires Viaweb, co-founded by Paul Graham, for $49 million and transforms it into Yahoo!
Yahoo used to hold a 40% stake in Alibaba, which manages a web portal in China using the Yahoo brand name. Yahoo in the USA does not have direct control over Alibaba, which operates as a completely independent company. On September 18, 2012, following years of negotiations, Yahoo agreed to sell a 20% stake back to Alibaba for $7.6 billion. [177]
When a company changes its name, it's willingly taking on an entirely new identity. This can be the difference between a boom in success and a mismatch that can drive a company down into the ground.
Bob Cherr launched the Bluegrass Music News and Information, the first music-based website, on September 9, 1992. [21] [17] Its name changed to Banjo on September 30, 1992, and Cybergrass in 1995. [22] Its content was bluegrass music, lyrics, and chords. It was hosted on the Xerox Palo Alto Research Center vax, parcvax.xerox.com.
First web robot: Matthew K. Gray produces the first known web robot, the Perl-based World Wide Web Wanderer, and uses it to generate an index of the web called the Wandex. [13] [14] [15] However, the World Wide Web Wanderer is intended only to measure the size of the web rather than to facilitate search. September: 2: First web search engine
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