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Yahoo! ( / ˈjɑːhuː /, 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 .
Inc. headquarters, 770 Broadway, Yahoo! Inc. (1995–2017) (as Yahoo!) Yahoo! 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.
Website. yahoo .com. 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]
Early history (1994–1996) Upon the April 1994 renaming of Jerry and David's Guide to the World Wide Web to Yahoo!, 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 moves its headquarters from Dulles, Va. to Manhattan. 2009 : Tim Armstrong joins as CEO and becomes responsible for much of the rebranding and growth. 2010 : Time Warner cut ties with AOL.
The company is the second largest search engine used in Japan as of July 2021, with a market share of 19% behind Google's 77%. [2] Japan search engine was a directory-type search engine, similar to Yahoo! in the United States.
July 6, 2012: Yahoo! and Facebook settle their patent dispute. [102] July 16, 2012: Marissa Mayer is appointed CEO. [103] July 30, 2012: Levinsohn, former interim CEO, leaves Yahoo! [104] September 18, 2012: Yahoo! announced the completion of the first stage of the Alibaba share repurchase.
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.