• Mon
  • Dec 22, 2014
  • Updated: 4:57pm

Yahoo!


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 to invest in Snapchat at US$10b value

Yahoo has done more than two dozen deals since Marissa Mayer became chief executive in July 2012. Photo: Bloomberg

Yahoo is close to investing in Snapchat in a funding round that values the start-up at US$10 billion, a source said.

Monday, 6 October, 2014, 4:10am

Yahoo reveals threat of US$250,000 daily fines over internet data

Yahoo said the government amended a law to allow it to demand user information from online services. Photo: Bloomberg

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.

13 Sep 2014 - 3:58am 1 comment

Yahoo describes secret court battle with US government over surveillance

Yahoo says it is committed to protecting user data and will continue to contest requests and laws that it considers unlawful, unclear or overly broad. Photo: Reuters

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

Yahoo founder Jerry Yang plays a key role in Alibaba's listing

Yahoo founder Jerry Yang is one of the most influential figures in Silicon Valley and his connections have been a boost to mainland e-commerce firm Alibaba. Photo: Bloomberg

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

Female Yahoo executive sued, accused of sexually harassing female employee

Maria Zhang: coercion denied

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, Alibaba chiefs to meet at key Allen & Co retreat

Alibaba Group founder Jack Ma

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 sees future in digital publishing

Yahoo! President and CEO Marissa Mayer delivers a keynote address in Las Vegas. Photo: AFP

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

Is Yahoo preparing for China exit?

New Yahoo CEO Marissa Mayer took over at the helm of Yahoo earlier this year with the difficult task of turning around a company that pioneered the Internet search space. Photo: AP

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

Dissident jailed with evidence from Yahoo HK to be freed, wife says

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

Jailed dissident in Yahoo case to be freed

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

A good week for ...

Mohamed bin Hammam

22 Jul 2012 - 12:00am

Yahoo is still HK's top search engine

In most markets it was long ago surpassed by Google as the most popular search engine, but Yahoo still rules the roost in Hong Kong.That makes the city a unique and important market for Yahoo's first woman CEO.

22 Jul 2012 - 12:00am

NY-listed Qihoo 360 denies hyping usage, revenue numbers

A New York-listed Chinese internet company has denied claims that it inflated its internet usage data and revenue.

The allegations were levied against Qihoo 360 Technology by Anonymous Analytics, a network of anonymous investigators that claims to be linked to Anonymous, a loose group of computer hackers purporting to promote political transparency.

6 Jul 2012 - 12:00am

Activists stage protest outside newspaper office

Activists staged a noisy protest outside the South China Morning Post's Causeway Bay office yesterday, accusing the paper of self-censorship by downplaying coverage of the death of dissident Li Wangyang.

22 Jun 2012 - 12:00am

Alibaba reaches out to Yahoo boss

Alibaba Group plans to talk directly to Yahoo chief executive Scott Thompson, side-stepping dealmakers from his company, after the failure of talks on a buy-back of shares in the Chinese firm held by the US internet pioneer.

16 Feb 2012 - 12:00am

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