Thứ Ba, 3 tháng 4, 2018

Yahoo and the most important moments in the 22 years of development

After 22 years of operation, the iconic internet once Yahoo has to sell themselves to Verizon (US) network with $ 4.83 billion. Let's take a look at the ups and downs of Yahoo since its inception.
1. Established in 1994
Stanford University alumni Jerry Yang and David Filo launched Yahoo's Web service in early 1994 as "Jerry & David's Guide to the World Wide Web." A few months later, they changed their name to Yahoo.
2. Yahoo started up on the stock market in 1996
On April 12, 1996, Yahoo began the IPO session to sell its shares out for the first time. Stock prices rose 154% after the first day, touching $ 43 a share before settling at $ 33.
3 Yahoo shares peaked in 2000
As of 3.1.2000, the value of Yahoo shares reached $ 475, which is the highest ever for a company. After two years, Yahoo's stock price plunged in just a few months, with a trough of $ 8.11 per share set Sept. 26. Prior to being acquired by Verizon, the value of Yahoo shares was about $ 38.
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4. Buy Flickr in 2005
In March 2005, Yahoo announced the acquisition of Canada's Ludicorp Research & Development, which also created the popular Flickr photo sharing site of that time. The terms of the deal were not disclosed, but estimated that Yahoo paid $ 40 to $ 50 million.
5. In 2008 Microsoft tried to buy Yahoo
From 2006 to 2008, Microsoft was interested in buying or merging with Yahoo. On June 1, 2008, Microsoft offered $ 44.6 billion to acquire Yahoo, but the offer was denied. In addition to Microsoft, some companies such as Google also intend to merge with Yahoo, but in the end Investor Carl Icahn then criticized Yahoo's decision and held a meeting to replace the company's board of directors. In July 2008, Yahoo agreed to appoint Icahn and his two allies for an extended panel.
6. Yang took over the leadership in 2007
In June 2007, co-founder Jerry Yang replaced Terry Semel as CEO because investors were disappointed with what Yahoo did during the Semel years. The previous year, Semel received $ 70 million in wages and benefits. In January 2009, Yang resigned as CEO, instead being Carol Bartz - a former senior officer from Autodesk. Later, Yang also completely stepped out of the Yahoo board after Bartz was laid off.
7. Yahoo business difficulties started in February 2.16
In February this year, Yahoo started off work about 15% of its workforce, or about 1500 people. During this time rumors of Yahoo selling themselves also began to appear much because Marissa Mayer was unable to save the situation.
Yahoo's revenues and profits have fallen more than ever since 2012. The company also bought Tumblr social networks but is spending too much money on it, while the new version of Flickr, although improved but still did not make a big impact. Yahoo's search engine still loses good distance Google, it also has to cooperate with Microsoft to put Bing. Yahoo's other services, Yahoo Mail, Yahoo News and Yahoo Finance, do not generate enough money.
8. Verizon buys Yahoo in July
On July 25, Verizon said it would buy Yahoo for $ 4.83 billion, about $ 400 million higher than the US operator's fees for AOL by 2015.

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