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Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications merged the original Yahoo! Inc. and Altaba with AOL in 2017. [6] [7] The resulting subsidiary entity was briefly called Oath Inc.
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, AOL, and HuffPost were to continue operating under their own names, under the umbrella of a new company, Oath Inc., later called Verizon Media. [87] [88] The parts of the original Yahoo! Inc. which were not purchased by Verizon Communications were renamed Altaba, which was later liquidated, making a final distribution in October 2020. [89]
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 ...
Altaba Inc. was a non-diversified, closed-end management investment company based in New York City [2] that was formed from the remains of the first incarnation of Yahoo! Inc. after Verizon had acquired old Yahoo's Internet business. [3] Verizon completed its acquisition on June 13, 2017, and put the assets under a new subsidiary named Yahoo!
Jumpcut.com – A service where the uploaded photos and videos can be edited online; shut down in June 2009. [43] Kelkoo Group – A European price comparison tool that was acquired by Yahoo! in 2004 and sold in 2008. [44] [45] Yahoo! Korea was the South Korean affiliate of Yahoo!, founded in September 1997. Its headquarters was the Yahoo!
December 1, 2005: TiVo and Yahoo! form a partnership where several Yahoo! features can be viewed on television via the Series2 TiVo set top box. [ 53 ] December 8 (U.S. time), 9 (Australian time), 2005: Australia's Seven Network combines its online, mobile and internet TV business with the local arm of Yahoo! and the commencement of Yahoo!7 is ...
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