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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.
In 1998, Yahoo replaced AltaVista as the crawler-based search engine underlying the Directory with Inktomi. [28] Yahoo's two biggest acquisitions were made in 1999: Geocities for $3.6 billion [29] and Broadcast.com for $5.7 billion. [30] Its stock price skyrocketed during the dot-com bubble, closing at an all-time high of $118.75/share on ...
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]
James Lanzone (born January 20, 1971) is an American businessman and the CEO of Yahoo Inc. Previously, he was CEO of Tinder.He is also the former president and CEO of CBS Interactive, a top 10 Internet property that operated key websites including CBS All Access, CNET, GameSpot, CBS News, Metacritic, CBS Sports, 247 Sports, Scout Media, MaxPreps.com, TVGuide.com, Last.fm and many others.
Yahoo! will pay $1.1 billion for Tumblr, and the company's CEO and founder David Karp will remain a large shareholder. [ 117 ] May 20, 2013: The revamp of the Yahoo-owned photography service Flickr was launched in Times Square , New York, U.S. in an event that was attended by the city's mayor and a large contingency of journalists.
On June 16, 2017, the company that remained after Verizon Communications purchased the core Internet businesses of Yahoo! Inc. was renamed Altaba Inc. The new company, listed by the Securities and Exchange Commission as a "non-diversified, closed-end management investment company," [7] [32] immediately began trading on NASDAQ under the ticker symbol AABA.
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.
Yahoo holds a 34.75% minority stake in Yahoo Japan, while SoftBank holds 35.45%, [169] Yahoo!Xtra in New Zealand, which Yahoo!7 have 51% of and 49% belongs to Telecom New Zealand, and Yahoo!7 in Australia, which is a 50–50 agreement between Yahoo and the Seven Network. Historically, Yahoo entered into joint venture agreements with SoftBank ...