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Yahoo! was founded in January 1994 by Jerry Yang and David Filo, who were electrical engineering graduates at Stanford University [1] when they created a website named "Jerry and David's Guide to the World Wide Web". The Guide was a directory of other websites, organized in a hierarchy, as opposed to a searchable index of pages.
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! received around 100,000 unique visitors by the fall of 1994. In April 1995, Yahoo! received a $2 million investment from Sequoia Capital, Tim Koogle was hired as CEO, and Yang and Filo were each appointed "Chief Yahoo." Yahoo! received a second round of funding in the Fall of 1995 from Reuters and Softbank. It went public in April 1996 ...
David Robert Filo (born April 20, 1966) is an American billionaire businessman and the co-founder of Yahoo! with classmate Jerry Yang.His Filo Server Program, written in the C programming language, was the server-side software used to dynamically serve variable web pages, called Filo Server Pages, on visits to early versions of the Yahoo! website.
David Filo (2014) – co-founder, chief Yahoo and director, Yahoo Inc.! Catherine J. Friedman; Eddy Hartenstein (2016) – non-executive chairman of the board of directors at Tronc; Richard Hill – chairman of the board of directors at Tessera Technologies; Vinny Lingham – co-founder & CEO at Civic; Marissa Mayer (2012) – CEO, Yahoo! Inc.
Yahoo Go, a Java-based phone application with access to most of Yahoo services, was closed on January 12, 2010. [110] Yahoo 360° was a blogging/social networking beta service launched in March 2005 by Yahoo and closed on July 13, 2009. [111] Yahoo Mash beta was another social service closed after one year of operation prior to leaving beta status.
Yahoo! will pay $1.1 billion for Tumblr, and the company's CEO and founder David Karp will remain a large shareholder. [ 117 ] May 20, 2013: The revamp of the Yahoo-owned photography service Flickr was launched in Times Square , New York, U.S. in an event that was attended by the city's mayor and a large contingency of journalists.
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.