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is sell the company." Following the conclusion of the purchase, these assets will be merged with AOL to form a new entity known as Oath; Yahoo, AOL, and Huffington Post will continue to operate under their own names, under the Oath umbrella.
The deal excludes Yahoo's 15% stake in Alibaba Group and 35.5% stake in Yahoo!
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.
was the highest-read news and media website, with over 7 billion views per month, being the sixth most visited website globally in 2016.
According to third-party web analytics providers, Alexa and Similar Web, Yahoo!
Yahoo provided Internet communication services such as Yahoo Messenger and Yahoo Mail.
As of May 2007, its e-mail service would offer unlimited storage.
Several key executives, such as Chief Product Officer Blake Irving, left.
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.
In February 2008, Microsoft Corporation made an unsolicited bid to acquire Yahoo for .6 billion.
Yahoo formally rejected the bid, claiming that it "substantially undervalues" the company and was not in the interest of its shareholders.
Three years later Yahoo had a market capitalization of .24 billion.