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- Ticker: YHOO (NASDAQ)
- Incorporated in 1995
- Headquartered: Sunnyvale, California
- CEO: Carol Bartz
- Sequoia Capital funded
- Founders: Jerry Yang and David Filo
- Rejected purchase offer by Microsoft for $44.6 billion
- In 2000, used Google as default search engine
- Rumor of Yahoo! buyout by former AOL CEO Jonathan Miller began circulating in December 2008VentureBeat: Miller May Make a Run... (December 2, 2008)
- Might purchase micro-blog platform Tumblr for an estimated "low-to-medium eight figures"Gawker: Yahoo Might Buy Tumblr, New York's Cutest Startup
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Yahoo! is an Internet service company providing news, email, a directory, and a web portal. Yahoo was founded by Jerry Yang and David Filo while the two were studying as graduate students at Stanford University. Prior to the advent of competing search engine Google, Yahoo! was the Web's most popular search engine.
On June 11, 2009, Yahoo! named Tim Morse as its Chief Financial Officer. Morse, a former General Electric executive, served as CFO of Altera Corp. before the switch to Yahoo! His compensation was set at $500,000 annually, with a possible 100% bonus.Bloomberg: Yahoo Taps Ex-GE Executive Tim Morse as Finance Chief
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Early On
The idea of the company was born when Yang started a web page with a listing of his favorite links. By the end of 1994, the website was renamed to "Yahoo!" based on the Jonathan Swift story, Gulliver's Travels. That same year, the company received 1 million unique visitors. A year later, on March 1, 1995, Yahoo! went public. -
Yahoo from 2000-2008
At the height of the late 1990s, early 2000 tech bubble, Yahoo was trading in excess of $400 a share. It was also the only company to reach ¥100,000,000 in Japan at the time. In September 2001, Yahoo! stock had plummeted to an all-time low of approximately $4.00 a share. Since then the company has responded to heavy competition with Google by diversifying its product base, cutting internal costs, and making strategic partnerships (i.e. Verizon in 2005). -
Potential Jonathan Miller Acquisition
The Wall Street Journal reported in December 2008 that former AOL CEO Jonathan Miller may be consulting with private equity and foreign wealth funds to raise money for a possible Yahoo! buyout. Miller is said to need to raise between $28 to $30 billion to accomplish a buyout.VentureBeat: Miller May Make a Run... (December 2, 2008) -
Nebraska Data Center Plans
Yahoo! plans to go ahead with a $100 million data center in Nebraska, despite the economic slump and the fact that 1500 workers were laid off from Yahoo!'s staff in October, 2008. The Nebraska data center would result in an additional 100 jobs.Seattle Examiner: Despite slump, Yahoo plans new operations... (October 27, 2008)
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Yahoo! News
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VF Cover Creates Online Bonfire of Comments at Yahoo
But that assumption took a fairly sustained beating on Yahoo's Shine site this past week. The Web site, an online community aimed at women, posted an item ... (February 08, 2010)New York Times (blog) -
Spain's Telefonica Considers Charging Google
AP Spanish telecoms operator Telefonica says it is considering charging Internet search companies like Google and Yahoo for network use. ... (February 08, 2010)ABC News -
Monster-Yahoo: $10.90 Trefis Price Estimate for Monster
Monster (NYSE:MWW) announced last week that it is buying Yahoo's (NASDAQ:YHOO) HotJobs for $225 million in cash. Under the terms of the deal, Monster will ... (February 08, 2010)Trefis -
Google to make Gmail a little more social
Yahoo offers something similar inside Yahoo Mail, letting users see updates to services like Twitter and Flickr from their contacts within the Yahoo Mail ... (February 08, 2010)CNET
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Yahoo! Blogs
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Yahoo Hires Former UMG Exec Bronikowski As New Music Chief ...
Yahoo has hired Jeff Bronikowski, who until a year ago was SVP of global digital initiatives at Universal Music Group, as the new head of Yahoo Music, according to Billboard; he is replacing Michael Spiegelman, who is now the ... (February 08, 2010)paidcontent.org -
Former EA, Yahoo Marketing Vet Mitali Pattnaik Appointed GM Of ...
She didn't stick around for long: she was hired by Yahoo in September 2005 to fill the role of Senior Marketing Manager, where she oversaw worldwide marketing for Yahoo! Search. Most recently, she led the marketing and monetiz... (February 08, 2010)techcrunch.com -
@ Local Online: Yahoo Aims For More Ad Dollars From Quick Service ...
In his role as a moderator on a Borrell Associates' Local Online Ad Conference panel on portals and partnering, Lem Lloyd, VP of Yahoo's channel sales said that Yahoo (NSDQ: YHOO) will look to that segment to grow its revenues... (February 08, 2010)paidcontent.org -
How to Make Money Online with eBay, Yahoo!, and Google | Online ...
Product DescriptionGroundbreaking strategies for reaching millions of customers online and boosting traffic, sales, and profits This. (February 08, 2010)topmillionblog.com
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