yahoo

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Yahoo! is an Internet search and web portal company founded in 1994 by Jerry Yang and David Filo. Yahoo! was one of the premier search engines of the 1990s, and though Google dominated the search market in the subsequent decade, Yahoo! still accounted for roughly 20% of all searches by June, 2008. As of October, 2007, Yahoo! received 3.4 billion page views per day.

In addition to its search features, Yahoo! features multiple portal services, including Yahoo! Mail, Yahoo! Sports, and and Yahoo! Messenger. Yahoo! Buzz monitors the most popular and fastest-rising searches on Yahoo! each day. The company makes the vast majority of its revenue off its marketing and advertising services. According to Yahoo!'s 2008 annual report, the company made $7.2 billion dollars in 2007.

Despite its popularity, Yahoo! underwent a crisis in the second half of the 2000s in the wake of competition from sites like Google. In 2007, a proposed merger with Microsoft failed after extensive negotiations and an offer of $44.6 billion in cash and stock from Microsoft.

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  • Tumblr: a big blank canvas in the world wide web


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    Yahoo is paying $1.1bn for Tumblr, so lets hope it doesnt go the same way as Geocities Name: Tumblr. Age: Six. Appearance: Photos of animals and snacks, often captioned, sometimes combined . What is it? Its a multimedia blogging platform. Meaning? Meaning a Tumblr page is a big blank canvas. Users can ...
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  • Why Yahoos Tumblr Acquisition Is So Surprising


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    After several reports over the weekend, an official press release Monday morning confirmed that Yahoo has acquired Tumblr for $1.1 billion — all in cash. SEE ALSO: More Comics on Mashable The news is surprising, leaving many Tumblr users anxious about how the acquisition will affect them (Marissa Mayer ...
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  • Tumblr CEO David Karp on Joining Yahoo: ‘F*ck Yeah’


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    After a few days of speculation, Yahoo and Tumblr made their deal official this morning. Yahoo CEO Marissa Mayer announced that her company would acquire popular blogging platform in a $1.1 billion, all cash deal. “We promise not to screw it up. Tumblr is incredibly special and has a great thing going. We will ...
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  • Yahoo promises not to screw it up over $1.1bn Tumblr deal


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    Web pioneer reveals details of acquisition of blogging platform, as sites 26-year-old founder tells staff: Fuck yeah Yahoo promised "not to screw it up" as it formally announced its acquisition of the Tumblr blogging platform for $1.1bn ahead of the US stock market opening on Monday. The relaxed wording of the memo ...
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  • Yahoo Buys Tumblr


    Joe. My. God. — Authority Authority: 700
    The New York Times reports: The board of Yahoo, the faded Web pioneer, agreed on Sunday to buy the popular blogging service Tumblr for about $1.1 billion in cash, the companies announced Monday, a signal of how the company plans to reposition itself as the technology industry makes a headlong rush into social ...
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  • Are Tumblr Users Defecting To WordPress?


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    As we had reported earlier, the deal Yahoo made to acquire Tumblr for $1.1 billion is now official, and in our previous report, we asked how Tumblr users are feeling about this. We expect that there will be mixed feelings, [...] Like It , +1 , Tweet It , Pin It Original content from Ubergizmo .   ...
    1 day ago

  • Yahoo! to buy blog-maker Tumblr for $1.1 bn


    Science and technology news — Authority Authority: 171
    Yahoo!’s board has approved a deal to purchase the popular blogging platform Tumblr for $1.1 billion in cash, The Wall Street Journal reported Sunday. The deal, if confirmed, would be the largest for Yahoo! since Marissa Mayer took over as chief executive last year and could help the struggling Internet pioneer ...
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  • Yahoo buys Tumblr for $1.1 billion


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    As has been widely rumored over the last few days, Yahoo has paid $1.1 billion for blogging platform Tumblr. In recent times this is the most paid for an Internet acquisition since Facebook bought Instagram for $1 billion last year. Founded by David Karp in 2007 from a bedroom of his mothers New York apartment, the ...
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  • Yahoo Acquires Tumblr for $1.1 Billion, Promises ‘Not to Screw It Up’


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    It’s official. After rumors swirled last week , Yahoo and Tumblr have announced an agreement that will see Yahoo acquire the popular blogging platform for approximately $1.1 billion (all cash). For comparison, that’s just a little more than Facebook wound up paying for Instagram last summer. In a blog post , ...
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  • Angry Tumblr users flee to WordPress as Yahoo announces $1.1 billion acquisition


    Boy Genius Report — Authority Authority: 145
    After a number of newspapers and blogs wrote about Yahoos  now-confirmed $1.1 billion acquisition of popular blogging platform Tumblr , users were angry. The world has no idea what Yahoo has in store for Tumblr, of course, but the Internet giants reputation has many users worried. So much so, in fact, that some ...
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  • Analysts Actions: ABT ACN GD KMX PCLN


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    NEW YORK (TheStreet) -- CHANGE IN RATINGS Abbott Laboratories was upgraded at Goldman Sachs was upgraded to buy from neutral at Goldman Sachs. $44 price target. Growth poised to accelerated with margin expansion, Goldman said. Accenture was upgraded at Goldman Sachs to buy. $90 price target. Consulting business ...
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  • Yahoo takes big leap with $1.1B deal for Tumblr


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    Yahoo is buying online blogging forum Tumblr for $1.1 billion as CEO Marissa Mayer tries to rejuvenate an Internet icon that had fallen behind the times.
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  • Yahoo Announces $1.1B Tumblr Deal With Vow “Not To Screw It Up”


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    SUNNYVALE, Calif. & NEW YORK– Yahoo! Inc. (NASDAQ: YHOO) and Tumblr announced today that they have reached a definitive agreement for Yahoo! to acquire Tumblr. Per the agreement and our promise not to screw it up, Tumblr will be independently operated as a separate business. David Karp will remain CEO. The ...
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  • Making It Rain On Them Hoes: Yahoo! Buys Tumblr For $1.1 Billi … Promises Not To Screw It Up!


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    The kids won’t like this. Tumblr just got a big ol’ corporate boost thanks to Yahoo! picking them up, but there’s already a heated debate about what changes are about to happen. Via The Verge reports : Yahoo has officially announced that it will acquire Tumblr in a $1.1 billion cash deal expected to ...
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  • Making It Rain On Them Hoes: Yahoo! Buys Tumblr For $1.1 Billi … Promises Not To Screw It Up!


    Bossip.com — Authority Authority: 584
    The kids won’t like this. Tumblr just got a big ol’ corporate boost thanks to Yahoo! picking them up, but there’s already a heated debate about what changes are about to happen. Via The Verge reports : Yahoo has officially announced that it will acquire Tumblr in a $1.1 billion cash deal expected to ...
    1 day ago

  • Yahoo has acquired blogging service Tumblr to the tune of $1.1 billion, news that CEO Marissa Mayer


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    Yahoo has acquired blogging service Tumblr to the tune of $1.1 billion, news that CEO Marissa Mayer posted to her own Tumblr (and subsequently, Yahoos corporate Tumblr ). They promise to keep it independent and "not screw it up." [ TechCrunch ] Read more...        
    1 day ago

  • Yahoo To Officially Acquire Tumblr For $1.1 Billion


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    Earlier today we had reported that Yahoo’s board of directors had reportedly approved the company’s buyout of Tumblr for $1.1 billion, and sure enough it turned out to be true as Yahoo’s CEO, Marissa Mayer, announced the acquisition herself on [...] Like It , +1 , Tweet It , Pin It Original content from ...
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  • Home Depot, Lowes, Target Top Earnings List


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    NEW YORK (TheStreet) -- This weeks earnings reports focus on 18 buy-rated stocks in the retail-wholesale sector. Today I profile on the front nine, those scheduled to report today, Tuesday and pre-market on Wednesday. Tomorrow I focus on the back nine, those reporting after the close on Wednesday through pre-market on ...
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  • Breaking: Yahoo To Acquire Tumblr For $1.1 Billion


    I2Mag: Internet & Design Inspiration Magazine — Authority Authority: 147
    As expected , Yahoo and Tumblr announced today that they have reached a definitive agreement for Yahoo to acquire Tumblr. As per the agreement, Yahoo will be work as an independent entity for the company while David Karp will remain CEO. The product, service and brand will remain be defined and developed separetly ...
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  • Its Official: Yahoo Is Buying Tumblr, Promises "Not to Mess It Up"


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    After rumors spread during the weekend , its now official: Yahoo is buying Tumblr. Read more...        
    1 day ago

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