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The company is headquartered in Manhattan, New York. [15] As of December 2019, the company employed about 10,350 people. [2] [16]A year after the completion of the AOL acquisition, Verizon announced a $4.8 billion deal for Yahoo!'s core Internet business, to invest in the Internet company's search, news, finance, sports, video, emails and Tumblr products. [17]
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Yahoo! Search is a search engine owned and operated by Yahoo!, using Microsoft Bing to power results.. Originally, "Yahoo! Search" referred to a Yahoo!-provided interface that sent queries to a searchable index of pages supplemented with its directory of websites.
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On November 30, 2008, Microsoft offered to buy Yahoo!'s search business for $20 billion. [71] On July 29, 2009, a 10-year deal was announced giving Microsoft full access to Yahoo!'s search engine to be used in future Microsoft projects in its Bing search engine. [72] Under the deal, Microsoft was not required to pay any cash up front to Yahoo!.
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It provides a web portal, search engine Yahoo Search, and related services, including My Yahoo, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Sports and its advertising platform, Yahoo Native. Yahoo was established by Jerry Yang and David Filo in January 1994 and was one of the pioneers of the early Internet era in the 1990s. [6]