Yahoo
By: yellow21 • Essay • 256 Words • May 1, 2011 • 1,065 Views
Yahoo
In January 1994, Jerry Yang and David Filo were Electrical Engineering graduate students at Stanford University when they created a website named "David and Jerry's Guide to the World Wide Web".[3] David and Jerry's Guide to the World Wide Web was a directory of other web sites, organized in a hierarchy, as opposed to a searchable index of pages. In April 1994, "David and Jerry's Guide to the World Wide Web" was renamed "Yahoo!".[4][5] The yahoo.com domain was created on January 18, 1995.[6]
Yahoo! grew rapidly throughout the 1990s. Like many search engines and web directories, Yahoo! diversified into a Web portal. It also made many high-profile acquisitions. Its stock price skyrocketed during the dot-com bubble, Yahoo! stocks closing at an all-time high of $118.75 a share on 3 January 2000. However, after the dot-com bubble burst, it settled at a post-bubble low of $4.05 on 26 September 2001 (adjusted for splits).
In 2000, Yahoo! began using Google for search results. Over the