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. In July 2012, former Google executive, Marissa Mayer, was named as Yahoo! CEO and president, the latest in a series of CEOs brought in to revive the company. The company has been criticised, along with other search engines, for cooperating with the Chinese government in censoring search results, and in April 2005 a dissident was sentenced to 10 years in prison after being identified by IP address by Yahoo. In February 2008, Microsoft made an unsolicited bid to acquire Yahoo! for US$$44.6 billion. Yahoo! formally rejected the bid, claiming that it "substantially undervalues" the company and was not in the interest of its shareholders.
Yahoo said the US government threatened to fine the company US$250,000 a day if it did not comply with demands to surrender online information, a step the company regarded as unconstitutional.Saturday, 13 September, 2014, 3:58am 1 comment
Yahoo claims US government threatened to fine it US$250,000 a day if it did not comply with demands to go along with an expansion of US surveillance by surrendering online information.12 Sep 2014 - 11:15am
Executives at messaging start-up TangoMe were brainstorming expansion plans when one of their investors, Jerry Yang, made a suggestion: talk to Alibaba.12 Sep 2014 - 6:19am
A senior female Yahoo executive has been sued in California by a woman who worked under her and is accusing her former boss of sexual harassment and wrongful termination.13 Jul 2014 - 6:32am
Yahoo chief executive Marissa Mayer and Alibaba Group founder Jack Ma Yun are among the invited guests at the annual Allen & Co Conference in Sun Valley, Idaho, according to a person with a copy of the list.27 Jun 2014 - 7:37pm
Yahoo is pushing ahead with its transformation into an internet age media company, bringing in news, music and television stars for the launch of online magazines about technology and food.8 Jan 2014 - 9:53pm
The headlines have been buzzing this week with word that tarnished former Internet titan Yahoo will shutter its Chinese Internet music service, with many pointing out the move reflects a broader reshuffling in the online music space.20 Dec 2012 - 1:49pm
A dissident whose conviction in 2003 for subversion was based on evidence from United States internet giant Yahoo will be released from a 10-year jail term this week, his wife says.
Wang Xiaoning , 62, became a cause célèbre after a Beijing court named Yahoo (Hong Kong) as the source of its evidence, a public relations disaster for the firm.30 Aug 2012 - 4:11am
A Chinese dissident whose conviction for subversion was based on evidence provided by US internet giant Yahoo will be released from a 10-year prison term this week, his wife said on Wednesday.29 Aug 2013 - 4:13am
Mohamed bin Hammam22 Jul 2012 - 12:00am