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May 26, 2013: Yahoo! bids between $600 and $800 million for video streaming site Hulu. [119] As of May 28, 2013, Yahoo!'s videos attract 45 million unique visitors a month, while Hulu has 24 million visitors—the combination of the two audiences can place Yahoo! in the second-most popular position after Google Video.
Yahoo was founded by Jerry Yang and David Filo in January 1994 and was incorporated on March 2, 1995. [4] [5] Yahoo was one of the pioneers of the early internet era in the 1990s. [6] Marissa Mayer, a former Google executive, was CEO and president of Yahoo from July 2012 until June 2017. [7] It was globally known for its Web portal, search ...
[33] [34] Yahoo acquired GeoCities in 1999 and shut it down in 2009, deleting 7 million web pages. [35] [36] Many of those web pages are available at mirror sites such as the Internet Archive [37] and OOCities.org. [38] Yahoo! GeoPlanet – Offered geographic information services both directly and via third-party applications; shut down in ...
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.
[8] [9] [10] The beta version Yahoo! Answers was launched to the general public on December 8, 2005 [11] [12] and was available until May 14, 2006. Yahoo! Answers was finally made available for general availability on May 15, 2006. [13] Yahoo! Answers was created to replace Ask Yahoo!, Yahoo!'s former Q&A platform which was discontinued in ...
In September 2018, Altaba settled three lawsuits relating to Yahoo's data breaches for $47 million. [34] On September 17, 2018, Altaba announced the sale of their stake in Yahoo Japan Corporation for $4.3 billion. [35] On the same day, Altaba announced a $5.75 billion share repurchase program. [36]
[5] The yahoo.com domain was created on January 18, 1995. [6] 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]
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