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Yahoo! (/ ˈ j ɑː h uː /, styled yahoo! in its logo) is an American web services provider. It is headquartered in Sunnyvale, California, and operated by the namesake company Yahoo! Inc., which is 90% owned by investment funds managed by Apollo Global Management and 10% by Verizon Communications.
On June 20, 2016, Stamps.com announced that it had entered into a definitive agreement to purchase ShippingEasy, Inc., an Austin, Texas-based company which offers web-based multi-carrier shipping software that allows online retailers and e-commerce merchants to organize, process, fulfill and ship their orders.
Yahoo! Inc. is an American multinational technology company that focuses on media and online business. It is the second and current incarnation of the company, after Verizon Communications acquired the core assets of its predecessor and merged them with AOL in 2017.
Yahoo! was one of the few surviving companies after the dot-com bubble burst. Nevertheless, on September 26, 2001, Yahoo! stock closed at an all-time low of $8.11. Yahoo! formed partnerships with telecommunications and Internet providers to create content-rich broadband services to compete with AOL.
May 3: Apollo Global Management, Inc enters an agreement with Verizon to acquire Verizon Media (Yahoo! and AOL Brands) for $5 billion. The new company will be known as Yahoo at the close of the deal. May 4: Yahoo Answers close services after 16 years of being active.
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. As of July 2015, Yahoo has acquired 114 companies, with Polyvore being the latest.
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