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Yahoo (/ ˈ j ɑː h uː / ⓘ, styled yahoo! in its logo) [4] [5] is an American web services provider. It is headquartered in Sunnyvale, California , and operated by the namesake company Yahoo! Inc. , which is 90% owned by investment funds managed by Apollo Global Management and 10% by Verizon .
Yahoo holds a 34.75% minority stake in Yahoo Japan, while SoftBank holds 35.45%, [168] 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 ...
Yahoo! 360° – A social networking service and blog host; launched in March 2005 and shut down in 2009. Yahoo! 360° Plus Vietnam's was shut down in 2012. [3] Yahoo! Accessibility Lab – Improved access to the Internet for the disabled community. [4] AdInterax – An online advertising company acquired in October 2006. [5] Yahoo!
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. [120] June 20, 2013: Yahoo! moves the official Yahoo! blog from Yahoo!
When Jerry and David's Guide to the World Wide Web was renamed to Yahoo! in 1994, Yang and Filo said that "Yet Another Hierarchical Officious Oracle" was a suitable backronym for this name, but they insisted they had selected the name because they liked the word's general definition, as in Gulliver's Travels by Jonathan Swift: "rude, unsophisticated, uncouth."
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]
Yahoo! Celebrity (as omg!) debuted on June 12, 2007, [1] with little fanfare, with the original press release being published on Yahoo!'s corporate blog. [13] Upon launch, MediaWeek reported that Yahoo is hoping to skew more toward a female demographic with omg!, and that Unilever, Pepsi, and Axiata (Celcom & XL) will be the sole official sponsors of the website.
Questions were initially open to answers for four days, and the question's asker could choose to pick a best answer for the question after a minimum of one hour. However, comments and answers could still be posted after this time. [32] To ask a question, one had to have a Yahoo! account with a positive score balance of five points or more.