Yahoo is one of the most popular web portals on the internet, offering a wide range of services and products to millions of users worldwide. Buy Gmail Account Founded in 1994 by Jerry Yang and David Filo, Yahoo quickly became a dominant player in the online industry, offering services such as web search, email, news, finance, and more.
Over the years, Yahoo has gone through numerous changes in ownership and leadership, facing both successes and challenges. In this blog post, we will explore the history of Yahoo ownership and answer the question, "Who owns Yahoo?"
The Early Days of Yahoo
In its early days, Yahoo was a small startup founded by two Stanford graduate students, Jerry Yang and David Filo. They created a directory of websites called "Jerry and David's Guide to the World Wide Web," which later became Yahoo.
Yahoo's initial growth was fueled by the dot-com boom in the late 1990s, as it became one of the most popular search engines on the internet. Buy Google Voice Account In 1996, Yahoo went public and raised $33.8 million in its initial public offering (IPO), making Yang and Filo instant millionaires.
Yahoo in the Early 2000s
In the early 2000s, Yahoo continued to grow and expand its offerings, acquiring a number of companies and launching new products and services. In 2002, Yahoo acquired Inktomi, a search technology provider, for $235 million. In the same year, Yahoo also acquired Overture Services, a search advertising company, for $1.63 billion.
In 2003, Yahoo launched Yahoo Mail, which quickly became one of the most popular email services on the internet. Yahoo also acquired a number of other companies during this time, including Kelkoo, a European shopping search engine, and Right Media, an online advertising company.
Yahoo's Golden Years
Yahoo's golden years came in the mid-2000s, when the company was led by CEO Terry Semel. Buy Snapchat Accounts During this time, Yahoo's stock price reached an all-time high, and the company was valued at over $100 billion.
Under Semel's leadership, Yahoo continued to acquire companies and launch new products and services. In 2005, Yahoo acquired Flickr, a popular photo-sharing website, for $35 million. In the same year, Yahoo also launched Yahoo Answers, a question-and-answer website that quickly became one of the most popular destinations on the internet.
In 2006, Yahoo launched Yahoo Pipes, a web application that allowed users to aggregate and manipulate web data. Yahoo also acquired a number of other companies during this time, including MyBlogLog, a social networking service, and Jumpcut, an online video editing service.
Yahoo's Decline
Yahoo's decline began in the late 2000s, as the company faced increasing competition from Google and Facebook. In 2008, Yahoo rejected a $44.6 billion takeover bid from Microsoft, which many analysts believe was a major mistake.
Yahoo's decline continued in the 2010s, as the company struggled to keep up with the rapidly changing online industry. Buy Pinterest Account Yahoo's stock price fell to less than $10 per share, and the company was eventually sold to Verizon for $4.48 billion in 2017.
Who Owns Yahoo Today?
Today, Yahoo is owned by Verizon Media, a subsidiary of Verizon Communications. Verizon acquired Yahoo's core business in 2017, including its email, search, and advertising services, as well as its media properties, such as Yahoo Finance, Yahoo Sports, and Yahoo News.
Verizon Media also owns other internet properties, such as AOL and TechCrunch. Together, Verizon Media's properties reach over 900 million people globally, making it one of the largest digital media companies in the world