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However, Filo and Yang insist they mainly selected the name because they liked the slang definition of a "yahoo" (used by college students in David Filo's native Louisiana in the late 1980s and early 1990s to refer to an unsophisticated, rural Southerner): "rude, unsophisticated, uncouth." Filo's college girlfriend often referred to Filo as a "yahoo." This meaning derives from the Yahoo race of fictional beings from Gulliver's Travels. Like many web search engines and web directories, Yahoo added a web portal.By 1998, Yahoo was the most popular starting point for web users. Its stock price skyrocketed during the dot-com bubble, Yahoo stocks closing at an all-time high of $118.75 a share on January 3, 2000.
In response to Google's Gmail, Yahoo began to offer unlimited email storage in 2007. The term "hierarchical" described how the Yahoo database was arranged in layers of subcategories. It is globally known for its Web portal, search engine Yahoo! In December 2015 it reversed this decision, opting instead to spin-off its internet business as a separate company. ) is an American multinational technology company headquartered in Sunnyvale, California. In January 2015, the company announced it planned to spin-off its stake in Alibaba Group in a separately listed company. is the highest-read news and media website, with over 7 billion views per month, being the fourth most visited website globally, as of June 2015.The company struggled through 2008, with several large layoffs.
In February 2008 Microsoft Corporation 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.
According to third-party web analytics providers, Alexa and Similar Web, Yahoo!
It is one of the most popular sites in the United States.
Answers, advertising, online mapping, video sharing, fantasy sports and its social media website.
The term "oracle" was intended to mean "source of truth and wisdom", and the term "officious", rather than being related to the word's normal meaning, described the many office workers who would use the Yahoo database while surfing from work.