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The site was created by Yahoo! software engineer Brad Clawsie in August 1996. Articles originally came from news services such as the Associated Press, Reuters, Fox News, Al Jazeera, ABC News, USA Today, CNN and BBC News. In 2000, Yahoo! News launched pages tracking the content on the site that was most viewed and most shared by email.
September 26, 2001: Yahoo stocks close at an all-time low of $8.11. The day before, it hit an intra-day low of $8.02 (both figures are pre-split prices). [citation needed] September 18, 2001: Hacker Adrian Lamo satirically modifies various older Yahoo! News stories, and points out security flaws. No charges are filed. [19]
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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Yahoo! announced that adding new content would be blocked on October 28, 2019. [11] [12] Once the content was deleted, users of Yahoo! Groups were only able to browse the group directory, request invitations and, if members of a group, send messages to that group. [13] [14] On October 13, 2020, Yahoo! announced they would be shutting down Yahoo!