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Its stock price skyrocketed during the dot-com bubble, Yahoo stocks closing at an all-time high of 8.75 a share on January 3, 2000.However, after the dot-com bubble burst, it reached a post-bubble low of .11 on September 26, 2001. Over the next four years, it developed its own search technologies, which it began using in 2004.Yahoo Photos was closed on September 20, 2007, in favor of Flickr.On October 16, 2007, Yahoo announced that it would discontinue Yahoo 360°, including bug repairs; the company explained that in 2008 it would instead establish a "universal profile" similar to the Yahoo Mash experimental system.Tumblr's CEO and founder David Karp would remain a large shareholder.The announcement reportedly signified a changing trend in the technology industry, as large corporations like Yahoo, Facebook, and Google acquired start-up Internet companies that generated low amounts of revenue as a way in which to connect with sizeable, fast-growing online communities.On April 4, 2012, Yahoo announced a cut of 2,000 jobs or about 14 percent of its 14,100 workers.

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Yahoo closed Yahoo Buzz, My Blog Log, and numerous other products on April 21, 2011.On May 13, 2012, Yahoo issued a press release stating that Thompson was no longer with the company, and would immediately be replaced on an interim basis by Ross Levinsohn, recently appointed head of Yahoo's new Media group.On May 19, 2013 the Yahoo board approved a

Yahoo closed Yahoo Buzz, My Blog Log, and numerous other products on April 21, 2011.

On May 13, 2012, Yahoo issued a press release stating that Thompson was no longer with the company, and would immediately be replaced on an interim basis by Ross Levinsohn, recently appointed head of Yahoo's new Media group.

On May 19, 2013 the Yahoo board approved a $1.1 billion purchase of blogging site Tumblr.

It was globally known for its Web portal, search engine Yahoo! 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.

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Yahoo closed Yahoo Buzz, My Blog Log, and numerous other products on April 21, 2011.On May 13, 2012, Yahoo issued a press release stating that Thompson was no longer with the company, and would immediately be replaced on an interim basis by Ross Levinsohn, recently appointed head of Yahoo's new Media group.On May 19, 2013 the Yahoo board approved a $1.1 billion purchase of blogging site Tumblr.It was globally known for its Web portal, search engine Yahoo! 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.

.1 billion purchase of blogging site Tumblr.It was globally known for its Web portal, search engine Yahoo! 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.

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The term "hierarchical" described how the Yahoo database was arranged in layers of subcategories.Japan; following the completion of the acquisition, these assets will be retained under the name Altaba, with a new executive team.



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