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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]
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In just five years, Yahoo! Mail has grown from one million to tens of millions of users, illustrating how consumers have made email an essential part of their daily lives. Through Yahoo! Mail Plus, Yahoo! continues to demonstrate leadership and innovation by offering consumers the industry's most complete and powerful email solution. [16] Yahoo!
OnlyFans is an internet content subscription service based in London, England. [3] The service is used primarily by sex workers who produce pornography, [3] [4] but it also hosts the work of other content creators, such as physical fitness experts and musicians.
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. [5]
Yahoo's first acquisition was the purchase of Net Controls, a web search engine company, in September 1997 for US$1.4 million. As of April 2008, the company's largest acquisition is the purchase of Broadcast.com , an Internet radio company, for $5.7 billion, making Broadcast.com co-founder Mark Cuban a billionaire.
In 2005, Yahoo began to provide links to previous versions of pages archived on the Wayback Machine. [19] In the first week of May 2008, Yahoo launched a new search paradigm called Yahoo Glue. [20] [21] Yahoo! Search was criticized in 2020 for favoring websites owned by Yahoo!'s then-parent company, Verizon Media, in its search results. [22]