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Yahoo! GeoCities was a popular web hosting service founded in 1995 and was one of the first services to offer web pages to the public. In 1998, it was the third-most-browsed website. [33] [34] Yahoo acquired GeoCities in 1999 and shut it down in 2009, deleting 7 million web pages.
As of April 2008, the company's largest acquisition is the purchase of Broadcast.com, an Internet radio company, for $5.7 billion, making Broadcast.com co-founder Mark Cuban a billionaire. Most of the companies acquired by Yahoo are based in the United States; 78 of the companies are from the United States, and 15 are based in a foreign country.
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The yahoo.com domain was created on January 18, 1995. [6] Yahoo! grew rapidly through 1990–1999 and diversified into a web portal, followed by numerous high-profile acquisitions. The company's stock price rose rapidly during the dot-com bubble and closed at an all-time high of US$118.75 in 2000. [7]
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