yahoo
From Wikipedia, the free encyclopediaYahoo” redirects here. For other uses, see Yahoo (disambiguation).
Yahoo! Inc.
Type Public (NASDAQ: YHOO)
Founded Santa Clara, California
(March 1, 1995)
Headquarters 701 First Avenue
Sunnyvale, California, USA
Key people Jerry Yang, Chairman, CEO, Chief Yahoo and Co-founder
David Filo, Chief Yahoo and Co-founder
Susan Decker, President
Industry Internet, computer software
Products (See list of Yahoo! products)
Revenue ▲$7.0 billion USD (2007)[1]
Operating income ▲ $730 million USD (2007)[2]
Employees 13,800 (April 22, 2008)
Website www.yahoo.com
Yahoo! Inc. (NASDAQ: YHOO) is an American public corporation incorporated in Sunnyvale, California and a global Internet services company. It provides a range of products and services including a Web portal, a search engine, the Yahoo! Directory, Yahoo! Mail, news, and posting. It was founded by Stanford University graduate students Jerry Yang and David Filo in January of 1994 and incorporated on March 1, 1995. The company is headquartered in Sunnyvale, California in Silicon Valley.
According to Web traffic analysis companies (including Compete.com, comScore,[3] Alexa Internet,[4] and Nielsen Ratings),[5] the domain yahoo.com attracted at least 1,575 million visitors annually by 2008 according to a Compete.com study.[6] The global network of Yahoo! websites receives 3.4 billion page views per day on average as of October 2007, making it one of the most visited U.S. websites.[4]
On February 1, 2008, Microsoft made an unsolicited bid to purchase Yahoo for $31 a share, or $44.6 billion for all the shares.[7] Yahoo’s board of directors rejected the offer on February 11, calling it too low.[8] On May 3, 2008, Microsoft withdrew its offer. [9][10]
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