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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! Voices, formerly Associated Content (AC), was a division of Yahoo! that focused on online publishing. Yahoo! Voices distributed a large variety of writing through its website and content partners, including Yahoo! News. In early December 2011, its owners Yahoo! announced a major shakeup involving the introduction of a new service, Yahoo!
Yahoo (/ ˈ j ɑː h uː / ⓘ, styled yahoo! in its logo) [4] is an American web portal that provides the search engine Yahoo Search and related services including My Yahoo, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Sports and its advertising platform, Yahoo Native.
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.
Broadcast.com was an Internet radio company founded as AudioNet in September 1995 by Cameron Christopher Jaeb. Todd Wagner and Mark Cuban later led the company's daily operations which was eventually sold to Yahoo! on April 1, 1999, for $5.7 billion, making it the most expensive acquisition Yahoo! has made. [1]
Edgecast Networks, Inc. (formerly Verizon Digital Media Services) [2] was a subsidiary of Yahoo! Inc. and provider of content delivery network (CDN) and video streaming services. Founded in 2006, it was notable for being a self-provisioning CDN technology used by the telecommunication and hosting industries. [3] [4] [5]
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]
BrightRoll's video platform became Yahoo's primary video advertising marketplace and demand-side platform. The BrightRoll brand was discontinued by Verizon Media , [ 1 ] the parent company of Yahoo, in favor of Verizon Media Video SSP [ 2 ] (re-brand of AOL's One Video Platform) after the company merged. [ 3 ]