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Yahoo! then acquired direct marketing company Yoyodyne Entertainment, Inc. on October 12, 1998. In January 1999, Yahoo! acquired web hosting provider GeoCities. Another company Yahoo! took over was eGroups, which became Yahoo! Groups in June 2000. Pager, an instant messaging service that was renamed Yahoo! Messenger a year later.
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.
2000. January 3, 2000: Yahoo stocks close at an all-time high of $475.00 (pre-split price) a share. This price propelled them to the most valuable company in the world at the time. The day before, it hit an intra-day high of $500.13 (pre-split price).
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 acquired the core assets of its predecessor and merged them with AOL in 2017.
Once the most popular website in the U.S., Yahoo slowly started to decline since the late 2000s, [15] and on February 21, 2017, Verizon Communications announced its intent to acquire old Yahoo's internet business (excluding its stakes in Alibaba Group and Yahoo!
Yahoo was incorporated on March 2, 1995. In 1995, a search engine function, called Yahoo Search, was introduced. This allowed users to search Yahoo Directory. [22] [23] Yahoo soon became the first popular online directory and search engine on the World Wide Web.
Yahoo!, founded by Jerry Yang and David Filo, launches Yahoo! Directory. It becomes the first popular Web directory. New web search engine: Infoseek is launched. March: New web search engine: The World-Wide Web Worm is released. It is claimed to have been created in September 1993, at which time there did not exist any crawler-based search ...
Verizon Communications (2015–2021) Yahoo! Inc. (2021–present) Website. aol .com. AOL (stylized as Aol., formerly a company known as AOL Inc. and originally known as America Online [1]) is an American web portal and online service provider based in New York City, and a brand marketed by Yahoo! Inc.
In September 2013, it was reported that the stock price of Yahoo! had doubled over the 14 months since Mayer's appointment. However, much of this growth may be attributed to Yahoo!'s stake in the Chinese e-commerce company Alibaba Group, which was acquired before Mayer's tenure.
Yahoo! announced the acquisition on October 8, 1997, close to the time that Yahoo! Mail was launched. [11] Yahoo! chose acquisition rather than internal platform development, because, as Healy said, "Hotmail was growing at thousands and thousands users per week.