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Yahoo! is a web portal and an internet content and service provider. It is known for its many products and services, such as their search engine, e-mail, instant messaging, and video, but also contents their products in news, weather forecasting, money and other information. Yahoo! makes money from advertisements in their services.
History and growth
Early history (1994–1999)
In January 1994, Jerry Yang and David Filo were Electrical Engineering graduate students at Stanford University. In April 1994, "Jerry and David's Guide to the World Wide Web" was renamed "Yahoo!", for which the official backronym is "Yet Another Hierarchical Officious Oracle". Filo and Yang said they selected the name because they liked the word's general meaning, which comes from Gulliver's Travels by Jonathan Swift: "rude, unsophisticated and uncouth". Its URL was akebono.stanford.edu/yahoo.
Over the years Yahoo! struggled to keep up with increasing competition. Google had become very popular and was taking away most of their search traffic. Users felt Google had a much better technology.
On July 25, 2016, Verizon Communications announced that it had agreed to purchase Yahoo's core Internet business for $4.83 billion.
- David G. Thomson (2006). Blueprint to a Billion. Wiley-Interscience. pp. 155. .
- Jerry and David's Guide to the World Wide Web becomes "Yahoo!"
- Definition of "Yahoo!"
- ^ David G. Thomson (2006). Blueprint to a Billion. Wiley-Interscience. pp. 155. ISBN 978-0-471-77918-6.
- ^ Jerry and David's Guide to the World Wide Web becomes "Yahoo!"
- ^ Definition of "Yahoo!"