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Yahoo! stock doubled in price in the last month of 1999. [23] On January 3, 2000, at the height of the dot-com boom, Yahoo! stock closed at a high of $118.75 a share. Sixteen days later, shares in Yahoo! Japan became the first stock in Japanese history to trade at over ¥100,000,000, reaching a price of 101.4 million yen ($962,140 at that time ...
March 7, 2001: Yahoo CEO Tim Koogle announces he will step down and remain only a company board member. April 17, 2001: Terry Semel announced as the new Yahoo CEO. [ 18] September 26, 2001: Yahoo stocks close at an all-time low of $8.11.
Yahoo HotJobs, formerly known as hotjobs.com, was an online job search engine.It provided tools and advice for job seekers, employers, and staffing firms. It was acquired by Yahoo in 2002, then acquired by Monster Worldwide, owner of its major competitor Monster.com in 2010—leading to its merger with Monster.com and eventual closure.
In July 2013, Yahoo! reported a fall in revenues, but a rise in profits compared with the same period in the previous year. Reaction on Wall Street was muted, with shares falling 1.7%. [56] In September 2013, it was reported that the stock price of Yahoo! had doubled over the 14 months since Mayer's appointment. [57]
An Internet forum, or message board, is an online discussion site where people can hold conversations in the form of posted messages. [1] They are an element of social media technologies which take on many different forms including blogs, business networks, enterprise social networks, forums, microblogs, photo sharing, products/services review, social bookmarking, social gaming, social ...
Once the negotiations ended in failure in May 2008, Yahoo!'s stock price plunged. [ 4 ] [ 27 ] Yang and board chairman Roy Bostock were strongly criticized by investors for their handling of negotiations, which later led to several shareholder lawsuits and a proxy fight led by Carl Icahn , which was settled in July 2008.
At the time, Broadcast.com had 570,000 users and the purchase price was $10,000 per user. Cuban sold most of his Yahoo! stock that same year, netting over $1 billion. [7] Founder Chris Jaeb, whose stake was diluted to less than 1% of the company, received approximately $50 million from the sale. [2] The service became a part of Yahoo! Broadcast ...
In 1998, Yahoo replaced AltaVista as the crawler-based search engine underlying the Directory with Inktomi. [29] Yahoo's two biggest acquisitions were made in 1999: Geocities for $3.6 billion [30] and Broadcast.com for $5.7 billion. [31] Its stock price skyrocketed during the dot-com bubble, closing at an all-time high of $118.75/share on ...