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Sep 1, 2024 · The impact of Yahoo‘s name extended far beyond the digital realm, becoming a cultural phenomenon in its own right. The term "Yahoo" found its way into everyday conversations, often used as a verb to describe the act of searching for information online.
Yahoo (/ ˈ j ɑː h uː /, 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.
Yahoo!, a public company (YHOO) that was founded by Jerry Yang and David Filo in January 1994 and later incorporated in March 1995 (that’s four years before Google was founded by Larry page and Sergey Brin). The company is headquartered in Sunnyvale, California.
The word is from Jonathan Swift's Gulliver's Travels and described one of the races he encountered. See here: yahoo (n.) "a brute in human form," 1726, from the race of brutish human creatures in Swift's "Gulliver's Travels." The internet search engine so called from 1994.
It was initially called “Jerry and David’s Guide to the World Wide Web,” but, as the site grew in popularity, it was renamed Yahoo!, an acronym for “Yet Another Hierarchical Officious Oracle.”
In 2017, Yahoo’s core internet operations were acquired by Verizon Communications and integrated into a new company called Oath Inc., which later became Verizon Media. Despite its changing fortunes, Yahoo remains an iconic name in the history of the internet. What is Yahoo called now?
Yahoo! was one of the few surviving companies after the dot-com bubble burst. Nevertheless, on September 26, 2001, Yahoo! stock closed at an all-time low of $8.11. Yahoo! formed partnerships with telecommunications and Internet providers to create content-rich broadband services to compete with AOL.
