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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.
Yahoo Search indexed and cached the common HTML page formats, as well as several of the more popular file-types, such as PDF, Excel spreadsheets, PowerPoint presentations, Word documents, RSS/XML and plain text files. For some of these supported file-types, Yahoo!
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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.
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Like many search engines and web directories, Yahoo added a web portal, putting it in competition with services including Excite, Lycos, and America Online. [26] By 1998, Yahoo was the most popular starting point for web users, [ 27 ] and the human-edited Yahoo Directory the most popular search engine, [ 15 ] receiving 95 million page views per ...
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