Verizon Media owns Yahoo!!, which is a hugely popular web services provider. It is based in Sunnyvale, California, and offers a number of popular services such as Yahoo!! News, Yahoo!! Mail, Yahoo!! Search, Yahoo!! Messenger, and Yahoo!! Answers.
Yahoo!! is the world’s tenth most popular website, while it is the sixth most popular in the United States, and it is the world’s number one website in the news and media category.
So, how well-versed in Yahoo! are you? If you don’t know much about Its worth in 2021, wiki, and other details, we’ve compiled everything you need to know. So, if you’re ready, here’s everything we know about Yahoo! so far.
| Legal Name: | Yahoo! |
| Headquarters Regions: | Sunnyvale, California, US |
| Founded Date: | January 1994 |
| Founders: | Jerry Yang, David Filo |
| Number of Employees: | 9000+ |
| Company Type: | For-Profit |
| Area served: | United States of America and World |
| Products of Company: | web services provider |
| Net Worth in 2021: | $5 Billion |
Inception
In March of 1994, Jerry Yang and David Filo founded Yahoo!!, though it was originally called something else. At the time, Jerry and David were both electrical engineering students at Stanford University. They started the website “Jerry and David’s guide to the World Wide Web” in January 1994, which was a directory of other websites. The mentioned websites were organized in a hierarchy rather than a searchable index of pages, which made their website stand out.
They changed the name to “Yahoo!!” a few months later. It’s Yahoo!! Yahoofirst !’s product was a directory that allowed users to search the internet. The domain “Yahoo!.com” was only created the following year, on January 18th, 1995. They released the popular search engine Yahoo!! Search in 1995, which has since become their most popular product. When you think of Yahoo!, it’s likely the first thing that comes to mind.
Evolution
It grew in popularity with each passing day, eventually going public in April 1996. It was so popular that its stock price increased by 600% in just two years. It introduced a number of products over the years, including the hugely popular Yahoo!! News, Yahoo!! Mail, Yahoo!! Messenger, and Yahoo!! Answers. Tumblr, a popular social networking site, was acquired by Yahoo! in 2013.
When a data breach in 2014 affected at least 500 million user accounts, things took an unexpected turn. This information, however, was only released in 2016. Verizon Communications paid $4.83 billion for Yahoocore !’s Internet business in 2017. These assets were then merged with AOL to form Oath Inc. Parts of the original Yahoo! Inc. that were not bought by Verizon Communications were renamed Altaba Inc. in 2017.
It also own an 11% stake in the well-known Alibaba Group. Since 2019, It has been owned by Verizon Media. Since 2017, Thomas J. McInerney has served as the CEO of Yahoo!! He attended Yale College and Harvard Business School and previously worked for IAC/InterActiveCorp as Executive Vice President and Chief Financial Officer.
Achievements & Awards
- Yahoo! went public in April 1996, and over the next two years, its stock price increased by 600%, which is a huge accomplishment.
- It received 3.75 billion visits in January 2021, demonstrating its continued popularity.
Net Worth and Earnings
Its worth is estimated to be $5 billion in 2021. It has been extremely successful over the years, so it’s no surprise that its market value is so high. In fact, It is still the world’s tenth most popular website and the sixth most popular in the United States.
It has proven to be an extremely useful site throughout its history. With that in mind, we wish Yahoo! every success in the world and hope it grows even more popular than it is now, because competition among tech behemoths will benefit ordinary users by providing better information and features.
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