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The original incarnation of Yahoo! Inc. [3] was an American multinational technology company headquartered in Sunnyvale, California. Yahoo was founded by Jerry Yang and David Filo in January 1994 and was incorporated on March 2, 1995. [4] [5] Yahoo was one of the pioneers of the early internet era in the 1990s. [6]
[5] The yahoo.com domain was created on January 18, 1995. [6] Yahoo! grew rapidly through 1990–1999 and diversified into a web portal, followed by numerous high-profile acquisitions. The company's stock price rose rapidly during the dot-com bubble and closed at an all-time high of US$118.75 in 2000. [7]
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 Communications .
February 12, 2006: Yahoo! Developer Network PHP Center launched. [57] May 1, 2006: Yahoo! launches Yahoo! Tech. [58] September 27, 2006: Yahoo! acquires online video editing site Jumpcut. [59] September 29 to 30, 2006: Yahoo! hosts an Open Hack Day (including an external site) that features a musical performance by Beck. [60]
2016: Verizon acquires Yahoo, further expanding its media offerings. 2017: AOL officially shutters its Instant Messenger platform after a 20-year run. It also announces the inception of Oath ...
In January 1994, Yahoo! was founded by Jerry Yang and David Filo, then students at Stanford University. Yahoo! Directory became the first popular web directory. Yahoo! Search, launched the same year, was the first popular search engine on the World Wide Web. Yahoo! became the quintessential example of a first mover on the Web.
The deal closed on June 13, 2017, and Oath was launched. [22] Upon completion of the deal, Yahoo! CEO Marissa Mayer resigned. [22] Yahoo! operations not acquired in the deal were renamed Altaba, a holding company whose primary assets are its 15.5 percent stake in Alibaba Group and 35.5 percent stake in Yahoo! Japan. [22]
In 2005, Yahoo began to provide links to previous versions of pages archived on the Wayback Machine. [19] In the first week of May 2008, Yahoo launched a new search paradigm called Yahoo Glue. [20] [21] Yahoo! Search was criticized in 2020 for favoring websites owned by Yahoo!'s then-parent company, Verizon Media, in its search results. [22]