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Yahoo! ( / ˈjɑːhuː /, styled yahoo! in its logo) [4] [5] is an American web services provider. It is headquartered in Sunnyvale, California, and operated by the namesake company Yahoo! Inc., which is 90% owned by investment funds managed by Apollo Global Management and 10% by Verizon Communications .
July 6, 2012: Yahoo! and Facebook settle their patent dispute. [102] July 16, 2012: Marissa Mayer is appointed CEO. [103] July 30, 2012: Levinsohn, former interim CEO, leaves Yahoo! [104] September 18, 2012: Yahoo! announced the completion of the first stage of the Alibaba share repurchase.
Early history (1994–1996) Upon the April 1994 renaming of Jerry and David's Guide to the World Wide Web to Yahoo!, Yang and Filo said that "Yet Another Hierarchical Officious Oracle" was a suitable backronym for this name, but they insisted they had selected the name because they liked the word's general definition, as in Gulliver's Travels by Jonathan Swift: "rude, unsophisticated, uncouth."
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Inc. (1995–2017) (as Yahoo!) Yahoo! Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of its predecessor and merged them with AOL in 2017. [6] [7] The resulting subsidiary entity ...