Thursday, 28 July 2016

Curious case of Yahoo 😊



1994:
Yahoo was founded by Jerry Yang and David Filo.

1995:  Marissa Mayer, a former Google executive, serves as CEO and President of the company.

1998: Yahoo refused to buy Google for $1 Million.

2002: Yahoo realized its mistake & tries to buy Google for $ 3 Billion, Google asks 5 Billion but yahoo refuses.

2008: Yahoo refuses to be sold to Microsoft for $40 Billion.

2015:  Company announced it planned to spin-off its stake in Alibaba Group in a separately listed company later, In December 2015 it reversed this decision, opting instead to spin-off its internet business as a separate company

2016: Yahoo sold for $4.6 Billion to verizon

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