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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.

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At its height it was one of the most popular sites in the United States.

Answers, advertising, online mapping, video sharing, fantasy sports, and its social media website.

Yahoo provided social networking services and user-generated content, including products such as My Web, Yahoo Personals, Yahoo 360°, Delicious, Flickr, and Yahoo Buzz.

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

Its stock price skyrocketed during the dot-com bubble, Yahoo stocks closing at an all-time high of $118.75 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.

was the most widely read news and media website – with over 7 billion views per month – ranking as the sixth-most-visited website globally in 2016.

According to third-party web analytics providers Alexa and Similar Web, Yahoo!

A zip code or city name is required for One Search to start delivering local search results.

The results of a Web search are listed on a single page and are prioritized into categories. Shopping, Yahoo Autos, Yahoo Real Estate and Yahoo Travel, which enables users to gather relevant information and make commercial transactions and purchases online.

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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