Yahoo! failed to keep financial and humanitarian commitments made a decade ago after it admitted helping the Chinese government find dissidents who were later jailed, according to a lawsuit against the web company.
Yahoo! Inc. is best known for its web portal and search engine, but its services include Yahoo! Directory, Yahoo! Mail, Yahoo! News, Yahoo! Finance and others. Founded by Jerry Yang and David Filo in January 1994, the company was initially in the forefront of the technology boom but has struggled to reinvent itself in the face of competition from companies like Google and Facebook.