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March 7, 2001: Yahoo CEO Tim Koogle announces he will step down and remain only a company board member. April 17, 2001: Terry Semel announced as the new Yahoo CEO. [18] September 26, 2001: Yahoo stocks close at an all-time low of $8.11. The day before, it hit an intra-day low of $8.02 (both figures are pre-split prices). [citation needed]
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! ( / 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 . It provides a web portal, search engine ...
Yahoo! buys Inktomi (2002) and then Overture Services Inc. (2003) which has already bought AlltheWeb and Altavista. Starting 2003, Yahoo! starts using its own Yahoo Slurp web crawler to power Yahoo! Search. Yahoo! Search combines the technologies of all Yahoo!'s acquisitions (until 2002, Yahoo! had been using Google to power its search). 2004–05
America Online CEO Stephen M. Case, left, and Time Warner CEO Gerald M. Levin listen to senators' opening statements during a hearing before the Senate Judiciary Committee on the merger of the two ...
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] Marissa Mayer, a former Google executive, served as CEO and ...
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The first data breach occurred on Yahoo servers in August 2013 [1] and affected all three billion user accounts. [2] [3] Yahoo announced the breach on December 14, 2016. [4] Marissa Mayer, who was CEO of Yahoo at the time of the breach, testified before Congress in 2017 that Yahoo had been unable to determine who perpetrated the 2013 breach.