Yahoo! Inc. is an American multinational Internet corporation. Headquartered in Sunnyvale, California. It is globally known for its Web portal, search engine Yahoo Search, and related services, including Yahoo Directory, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Groups, Yahoo Answers, advertising, online mapping, video sharing, fantasy sports and its social media website.
It is one of the most popular sites in the United States. According to news sources, roughly 700 million people visit Yahoo websites every month. Yahoo itself claims it attracts “more than half a billion consumers every month in more than 30 languages.
Yahoo was founded by Jerry Yang and David Filo in January 1994 and was incorporated on March 1, 1995. On July 16, 2012, former Google executive Marissa Mayer was named as Yahoo CEO and President, effective July 17, 2012.
Yahoo during July 2013 surpassed Google on the number of United States visitors to its Web sites for the first time since May 2011, set at 196 million United States visitors, having increased by 21 percent in a year.
Biography of Yahoo
Here are Brief History of YAHOO:
Traded as: NASDAQ: YHOO, NASDAQ-100 Component, S&P 500 Component
Founded : January 1994 (as Jerry’s guide to the World Wide Web)
March 1994 (as Yahoo!)
Founder(s) : Jerry Yang, David Filo
Headquarters: Sunnyvale, California, U.S.
Area served : Worldwide
Key people: Maynard Webb (Chairman), Marissa Mayer
Products: See Yahoo! products
Revenue Decrease: US$4.98 billion (2012)
Operating income Decrease: US$566 million (2012)
Net income Increase: US$3.94 billion (2012)
Total assets Increase: US$17.10 billion (2012)
Total equity Increase US$14.56 billion (2012)
Employees : 12,300 (September 2013)
Subsidiaries: Yahoo! subsidiaries
Website : www.yahoo.com