Interesting Facts about Yahoo

Interesting Facts about Yahoo - Check out in Detail

Yahoo! was founded by Jerry Yang and David Filo in January 1994.

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Yahoo! is actually an acronym for “Yet Another Hierarchical Officious Oracle”.

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In 1996, Yahoo!’s Initial Public Offering (IPO) was higher than any other tech startup at the time.

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Yahoo! once rejected a $45 billion acquisition offer from Microsoft.

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Yahoo! is still the most searched news site in the U.S.

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Today, Yahoo holds 15% stake in the Chinese retailing giant Alibaba, worth almost $32 billion.

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In October, Yahoo became the first online service to stream a regular season NFL American football match, getting 15 million viewers.

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In 2013, Yahoo moved to attract a younger audience by buying the online blogging platform Tumblr for $1 billion.

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Hope you people found the story informative. For more such interesting stuff, click on the link given below

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