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raising $33.8 million dollars by selling 2.6 million shares at the opening bid of $13 each.
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August Yahoo! News is birthed by aggregated news page created by Yahoo! co-founder
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On March 8, 1997, Yahoo! acquired online communications company Four11. Four11's webmail service, Rocketmail, became Yahoo! Mail.
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1999
December 8 Yahoo! added to S&P 500 index
October 6 Yahoo! Mexico launches
September 24 Yahoo! China launches
June 21 Yahoo! Messenger launches
June 8 Yahoo! Brazil launches
May 27 Yahoo! Health launches
April 1 Yahoo! acquires broadcast.com
March 1 Yahoo! Entertainment launches
February 8 Yahoo! announces third stock split (a 2-for-1 common stock split)
January 28 Yahoo! acquires GeoCities
January 28 Yahoo! Taiwan, Yahoo! Singapore and Yahoo! Hong Kong launch -
January 3, 2000: $118.75 a share (alltime high)
Yahoo! stock doubled in price in the last month of 1999.[1 -
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Yahoo! formed partnerships with telecommunications and Internet providers to create content-rich broadband services to compete with AOL.
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TerryFrom Warner Brothers
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Several major bungled deals lie in Yahoo's wake. The first was the potential acquisition of Google in 2001. Google founders Sergey Brin and Larry Page met Terry Semel, then Yahoo chief executive, and said Google's price was $1bn but that it was not for sale. A fortnight later, they increased the price to $3bn.
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September 26, 2001: post-bubble low of $4.05 on
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Really enters search market, whereas before relied on Google resultsOverture, search platform. Developed by Bill Gross now at Google
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Yahoo! upgraded the storage of all free Yahoo! Mail accounts from 4 MB to 1 GB, and all Yahoo! Mail Plus accounts to 2 GB.
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Google also released Google Talk, a voice over IP and instant messaging service, on August 24, 2005. On October 13, 2005, Yahoo! and Microsoft announced that Yahoo! Messenger and MSN Messenger would become interoperable.
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Yahoo! forms strategic partnership with Alibaba.com in China, China's largest e-commerce company
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was a social networking and personal communication portal operated by Yahoo! made available in 2005. It enabled users to create personal web sites, share photos from Yahoo! Photos, maintain blogs and lists, create and share a public profile and see which friends are currently online. 360° also featured a 'friends updates' section, under which each friend's latest update was summarized (e.g. blog posts, updated lists or newly shared photos). This service was never officially launched
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Transfer your info cross-platform
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More content more interactive
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A deal to acquire Facebook for $1bn in 2006 went as far as a handshake, the Guardian has been told, but that fell apart at the last minute when Yahoo went back to renegotiate on price.
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Launches oneSearch accessible by mobile phones
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as the company had suffered severely in its inability to effectively compete with industry search leader Google. The cuts represented 7 percent of the company's workforce of 14,300
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Yahoo has rejected a takeover bid worth more than $40bn (£20.5bn) from software giant Microsoft, saying it is too low.
Causes many investors to lose faith in yahoo and stock price to go down. Also, on June 12, Yahoo! announced a non-exclusive search advertising alliance with Google.[53] Upon this announcement, many executives and senior employees announced their plans to leave the company as it appeared they had lost confidence stra -
a site tailored for women seeking online information and advice between the ages of 25 and 54
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$28.67 per share on May 2, (wiki)
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On November 20, 2008, almost 10 months after Microsoft's initial offer of $33 per share, Yahoo!'s stock (YHOO) dropped to a 52-week low, trading at only $8.94 per share.[56
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Yahoo's shares have not traded above $40 for two years.
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On December 10, 2008, Yahoo! began laying off 1,520 employees around the world as the company managed its way through the global economic downturn.[34
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Since Bartz took the helm of Yahoo in January this year, the CEO has made sweeping changes to the beleaguered Sunnyvale, Calif.-based company’s image, including rolling out a revamped homepage and updated versions of its Mail and Messenger consumer web products that tap into social networks like Facebook and Twitter. Bartz also has been quick to correct widespread assumptions that Yahoo is a search company, trying to set it apart from rivals like Google and Microsoft.
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May 2009, along with a new theme redesign, the logo was changed to purple with no outline or shadow. (w)
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Allows for more third-party apps
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On July 29, 2009, it was announced in a 10 year deal that Microsoft would have full access to Yahoo!'s search engine to be used in future Microsoft projects for its search engine, Bing. [58][dead link] Under the deal, Microsoft was not required to pay any cash up front to Yahoo!. The day after the deal was announced, Yahoo!'s share price declined more than 10% to $15.14 per share, about 60% lower than Microsoft's takeover bid
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Yahoo new features in mail, messenger, search
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Bartz sent an email to Yahoo! employess saying she was removed from her position at Yahoo! by the company's chairman Roy Bostock via a phone call. [62] CFO Tim Morse was named as Interim CEO of the company.[63] [64]
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On January 4, 2012, Scott Thompson, former President of PayPal, was named the new chief executive officer.
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March 2012, Yahoo began legal proceedings to sue Facebook over 10 patents upon which it claims the social network is infringing.
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April 4, 2012: Yahoo announced a cut of 2,000 jobs or about 14 percent of 14,100 workers employed by Yahoo!. The cut is expected to save around $375 million annually after the layoffs are completed at end of 2012.[17]
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Yahoo swept out Scott Thompson as CEO Sunday in an effort to clean up a mess created by an exaggeration about his education that destroyed his credibility as he set out to turn around the long-troubled internet company.
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Ross Levinsohn, who oversees Yahoo's content and advertising services, is taking over as interim CEO. He becomes the fourth person to run Yahoo in eight months.
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June 2012,: Yahoo! hired former Google director, Michael Barrett as its Chief Revenue Officer.
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On July 16 2012, former Google executive, and Walmart corporate director Marissa Mayer was named as Yahoo! CEO and President, effective July 17.
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August Yahoo! News is birthed by aggregated news page created by Yahoo! co-founder