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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 Communications.
Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of its predecessor and merged them with AOL in 2017.
Yahoo and AOL, formerly known as Verizon Media Group, have officially been acquired by their new owners and renamed as simply “Yahoo.”
Yahoo and AOL, two of the internet's oldest and best-known brands, will have a new owner. Again. Verizon announced it is spinning off the properties, which it acquired in separate transactions in...
Currently, Yahoo is owned by Apollo Global Management, which bought it from Verizon in 2021 for $5 billion, marking yet another significant shift in the company’s storied history. History of Yahoo Believe it or not, Yahoo’s journey began in a Stanford University dorm room in 1994.
With the close of the transaction, Yahoo will now operate as a standalone company under Apollo Funds. Verizon has retained a 10% stake in Yahoo.
Two pioneering web services of the internet age, Yahoo and AOL, have been sold again after the latest owner failed to revive their fortunes. US telecoms giant Verizon is selling its media...