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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]
A suffix, such as Company, International, or Group, that is an integral part of the company name (as determined by usage in independent reliable sources) should be included, especially when necessary for disambiguation or when it is part of the company's acronym/initialism, e.g.: Louis Dreyfus Company, JBS Foods International (JBSI), and Mirage ...
The company's stock price skyrocketed during the dot-com bubble and closed at an all-time high of US$118.75 in 2000; [14] however, after the dot-com bubble burst, it reached an all-time low of US$8.11 in 2001. [15] Yahoo! formally rejected an acquisition bid from the Microsoft Corporation in 2008. [16]
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. Most of the companies acquired by Yahoo are based in the United States; 78 of the companies are from the United States, and 15 are based in a foreign country.
David Filo (2014) – co-founder, chief Yahoo and director, Yahoo Inc.! Catherine J. Friedman; Eddy Hartenstein (2016) – non-executive chairman of the board of directors at Tronc; Richard Hill – chairman of the board of directors at Tessera Technologies; Vinny Lingham – co-founder & CEO at Civic; Marissa Mayer (2012) – CEO, Yahoo! Inc.
Companies portal; Lists portal; Lists of companies This page was last edited on 29 May 2024, at 21:09 ... Lists of corporate headquarters by city.
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]
Yahoo!, once one of the most popular web sites in the United States, is as of September 2021 a content sub-division of the namesake company Yahoo Inc., owned by Apollo Global Management (90%) and Verizon Communications (10%). It has offered a wide range of online sites and services since its inception in 1994, a majority of which are now defunct.
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