I guess my yahoo email address [originally RocketMail], I've had since 1995 will become @verizon.com at some point
Verizon Ends Yahoo Independence With $4.83 Billion Deal
Verizon Communications Inc. agreed to buy Yahoo! Inc.’s web assets for $4.83 billion, ending the company’s two-decade run as an independent business that took it from Stanford University startup at the dawn of the internet age to also-ran behind nimbler online rivals such as Google and Facebook Inc.
Verizon will pay cash in a deal that includes Yahoo real estate, but excludes some intellectual property, which will be sold separately. Yahoo will be left with its stakes in Alibaba Group Holding Ltd. and Yahoo Japan Corp., with a combined market value of about $40 billion.
The telecommunications company will add Yahoo web services that still draw 1 billion monthly users, including mail, news and sports content and financial tools, gaining share in the $187 billion digital-advertising market -- though it will nevertheless be a distant third behind Google and Facebook. Verizon, the largest U.S. wireless carrier, also gets smaller but faster-growing assets including mobile applications and advertising technology for video and handheld devices.
https://en.wikipedia.org/wiki/History_of_Yahoo!
Yahoo! was started at Stanford University. It was founded in January 1994 by Jerry Yang and David Filo, who were Electrical Engineering graduate students when they created a website named "Jerry and David's Guide to the World Wide Web". The Guide was a directory of other websites, organized in a hierarchy, as opposed to a searchable index of pages. In April 1994, Jerry and David's Guide to the World Wide Web was renamed "Yahoo!".[1][2] The yahoo.com domain was created on January 18, 1995.[3]
Yahoo! grew rapidly throughout the 1990s and diversified into a web portal, followed by numerous high-profile acquisitions. The company's stock price skyrocketed during the dot-com bubble and closed at an all-time high of US$118.75 in 2000;[4] however, after the dot-com bubble burst, it reached an all-time low of US$8.11 in 2001.[5] Yahoo! formally rejected an acquisition bid from the Microsoft Corporation in 2008.[6] In early 2012, the largest layoff in Yahoo!'s history was completed and 2,000 employees (14 percent of the workforce) lost their jobs.[7]
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Growth (1997–1999)
In the late 1990s, Yahoo!, MSN, Lycos, Excite and other web portals were growing rapidly. Web portal providers rushed to acquire companies to expand their range of services, generally with the goal of increasing the time each user stays within the portal.
On March 8, 1997, Yahoo! acquired online communications company Four11. Four11's webmail service, Rocketmail, became Yahoo! Mail. Yahoo! also acquired ClassicGames.com and turned it into Yahoo! Games. Yahoo! then acquired direct marketing company Yoyodyne Entertainment, Inc. on October 12, 1998.[18] In January 1999, Yahoo! acquired web hosting provider GeoCities. Another company Yahoo! took over was eGroups, which became Yahoo! Groups in June 2000. On March 8, 1998, Yahoo! launched Yahoo! Pager,[19] an instant messaging service that was renamed Yahoo! Messenger a year later.
When acquiring companies, Yahoo! often changed the relevant terms of service. For example, they claimed intellectual property rights for content on their servers, unlike the previous policies of the companies they acquired. As a result, many of the acquisitions were controversial and unpopular with users of the existing services.[citation needed]
Verizon Ends Yahoo Independence With $4.83 Billion Deal
Verizon Communications Inc. agreed to buy Yahoo! Inc.’s web assets for $4.83 billion, ending the company’s two-decade run as an independent business that took it from Stanford University startup at the dawn of the internet age to also-ran behind nimbler online rivals such as Google and Facebook Inc.
Verizon will pay cash in a deal that includes Yahoo real estate, but excludes some intellectual property, which will be sold separately. Yahoo will be left with its stakes in Alibaba Group Holding Ltd. and Yahoo Japan Corp., with a combined market value of about $40 billion.
The telecommunications company will add Yahoo web services that still draw 1 billion monthly users, including mail, news and sports content and financial tools, gaining share in the $187 billion digital-advertising market -- though it will nevertheless be a distant third behind Google and Facebook. Verizon, the largest U.S. wireless carrier, also gets smaller but faster-growing assets including mobile applications and advertising technology for video and handheld devices.
https://en.wikipedia.org/wiki/History_of_Yahoo!
Yahoo! was started at Stanford University. It was founded in January 1994 by Jerry Yang and David Filo, who were Electrical Engineering graduate students when they created a website named "Jerry and David's Guide to the World Wide Web". The Guide was a directory of other websites, organized in a hierarchy, as opposed to a searchable index of pages. In April 1994, Jerry and David's Guide to the World Wide Web was renamed "Yahoo!".[1][2] The yahoo.com domain was created on January 18, 1995.[3]
Yahoo! grew rapidly throughout the 1990s and diversified into a web portal, followed by numerous high-profile acquisitions. The company's stock price skyrocketed during the dot-com bubble and closed at an all-time high of US$118.75 in 2000;[4] however, after the dot-com bubble burst, it reached an all-time low of US$8.11 in 2001.[5] Yahoo! formally rejected an acquisition bid from the Microsoft Corporation in 2008.[6] In early 2012, the largest layoff in Yahoo!'s history was completed and 2,000 employees (14 percent of the workforce) lost their jobs.[7]
[clip]
Growth (1997–1999)
In the late 1990s, Yahoo!, MSN, Lycos, Excite and other web portals were growing rapidly. Web portal providers rushed to acquire companies to expand their range of services, generally with the goal of increasing the time each user stays within the portal.
On March 8, 1997, Yahoo! acquired online communications company Four11. Four11's webmail service, Rocketmail, became Yahoo! Mail. Yahoo! also acquired ClassicGames.com and turned it into Yahoo! Games. Yahoo! then acquired direct marketing company Yoyodyne Entertainment, Inc. on October 12, 1998.[18] In January 1999, Yahoo! acquired web hosting provider GeoCities. Another company Yahoo! took over was eGroups, which became Yahoo! Groups in June 2000. On March 8, 1998, Yahoo! launched Yahoo! Pager,[19] an instant messaging service that was renamed Yahoo! Messenger a year later.
When acquiring companies, Yahoo! often changed the relevant terms of service. For example, they claimed intellectual property rights for content on their servers, unlike the previous policies of the companies they acquired. As a result, many of the acquisitions were controversial and unpopular with users of the existing services.[citation needed]
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