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Yahoo! Incorporation

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Yahoo! Incorporation Empty Yahoo! Incorporation

Post  Kunal Singh Mon Dec 27, 2010 4:19 am

Much like Google Inc., Yahoo! is also an American public corporation that provides many different types of Internet services to around the world with its headquarters located in Sunnyvale, California. Founded in January 1994 by Jerry Yang and David Filo, both were graduates of Electrical Engineering from Stanford University with a site called "Jerry's Guide to the World Wide Web". As the web site keep on expanding, Yang and Filo spends more time in their new hobbies and started to create a customized database that will give out searched results related to specific interests.

Later, the name "Yahoo!" was used to rename its previous site name along with an official expansion that fits well for both of them that is "Yet Another Hierarchical Officious Oracle" (YAHOO). They make this decision because "yahoo" carries the meaning of "unsophisticated, rude and uncouth", as it describe best about both of them. It was a big hit since the renaming and the Yahoo! domain is created, not even long until it was incorporated on 1st of March 1995.

Yahoo! too has a listing in the stock market of NASDAQ under a ticker symbol of YHOO. By the year 2008, their site "yahoo.com" drawn at least 1.575 billion of visitors according to web traffic analysis companies along with billions of page views everyday. Eventually, on 17th of November 2008, their CEO Jerry Yang step down.
Kunal Singh
Kunal Singh
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