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Yahoo (/ ˈ j ɑː h uː / ⓘ, styled yahoo! in its logo) [4] [5] 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 .
Yahoo!, once one of the most popular web sites in the United States, is as of September 2021 a content sub-division of the namesake company Yahoo Inc., owned by Apollo Global Management (90%) and Verizon Communications (10%). It has offered a wide range of online sites and services since its inception in 1994, a majority of which are now defunct.
Yahoo! in turn became the sales team for banner advertising for both companies. [75] While Microsoft would provide algorithmic search results, Yahoo! would control the presentation and personalization of results for searches on its pages. [75] On July 21, 2009, Yahoo! launched a new version of its front page, called Metro.
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The company is headquartered in Manhattan, New York. [15] As of December 2019, the company employed about 10,350 people. [2] [16]A year after the completion of the AOL acquisition, Verizon announced a $4.8 billion deal for Yahoo!'s core Internet business, to invest in the Internet company's search, news, finance, sports, video, emails and Tumblr products. [17]
February 27, 2014: Yahoo! denies any knowledge of the interception and collection of webcam images by GCHQ, Britain's surveillance agency, who with aid from the US NSA, intercepted Yahoo webcam images of millions of individuals not suspected of wrongdoing. [141] July 11, 2014: Yahoo acquired video streaming platform RayV. [142]