Learn about the Ultimate Failure of Yahoo. Yahoo was once one of the most valuable companies on earth, but they crashed and burned. What happened to Yahoo – Learn in this Video Story
Yahoo! 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.
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.
Decline of Yahoo with Rise of Facebook and Google
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.However, usage declined in the late 2000s as some services discontinued and it lost market share to Facebook and Google.
Yahoo ! Founders and Origin
Founding Jerry Yang and David Filo, the founders of Yahoo The Yahoo home page in 1994, when it was a directory. A search engine was added in 1995. In January 1994, Yang and Filo were electrical engineering graduate students at Stanford University, when they created a website named “Jerry and David’s guide to the World Wide Web”.The site was a human-edited web directory, organised in a hierarchy, as opposed to a searchable index of pages.
Naming of Yahoo !
In March 1994, “Jerry and David’s Guide to the World Wide Web” was renamed “Yahoo!” and became known as the Yahoo Directory.The “yahoo.com” domain was registered on January 18, 1995. Filo and Yang insist they mainly selected the name because they liked the slang definition of a “yahoo” (used by college students in David Filo’s native Louisiana in the late 1980s and early 1990s to refer to an unsophisticated, rural Southerner): “rude, unsophisticated, uncouth.”This meaning derives from the Yahoo race of fictional beings from Gulliver’s Travels.
” In the ’90s, Yahoo was a dominant technology powerhouse. But since then, a series of missteps have led to diminished influence and value. Now the company finalised its sale to Verizon for a mere $4.8 billion “.CNN Business
Full Form of YAHOO
The word “yahoo” is a backronym for “Yet Another Hierarchically Organised Oracle” or “Yet Another Hierarchical Officious Oracle”. The term “hierarchical” described how the Yahoo database was arranged in layers of subcategories.The term “oracle” was intended to mean “source of truth and wisdom”, and the term “officious”
Incorporation Yahoo Incorporation
Yahoo was incorporated on March 2, 1995. In 1995, a search engine function, called Yahoo Search, was introduced. This allowed users to search Yahoo Directory.Yahoo soon became the first popular online directory and search engine on the World Wide Web.