Yahoo! was founded in 1994, incorporated in 1995, and is based in Sunnyvale, California. This company was founded by two Stanford students, David Filo and Jerry Yang; first being called "Jerry's Guide to the World Wide Web". (Yahoo.com, 2008) The exclamation mark was added to get trademark rights. Yahoo! was started to amuse the two college graduate students; they wanted to have fun.
Yahoo! is mainly an internet portal. In a short span of time, Yahoo! has become a massive messaging and chat center of the world, especially internationally. Yahoo! is the chat and information center for most of the world. The United States of America is the only country that Yahoo! is not #1, second to only Google.
Yahoo! is the number one visited website worldwide and the second most popular in the United States. Over the years, Yahoo! has acquired Four11, ClassicGames, Yoyodyne Entertainment, Inc., GeoCities, eGroups, Konfabulator, Overture Services, Inc.,
AltaVista, AlltheWeb, Web 2.0, Flickr, blo.gs, del.icio.us, and webjay (plus, many others). (yahoo.com, 2008)Yahoo! was growing very fast. Now they were no longer just an internet portal, but there was Yahoo! Games, Yahoo! Chat, Yahoo! Messenger, and many more. Yahoo! was thought to be just like bubblegum music; a one hit wonder of the internet. That just was not the case. Yahoo! showed that it was the company to beat. In most places around the world, it still is. In 2000, Yahoo! broke a record in Japan's Stock Exchange. The Price of a single share of Yahoo! stock hit 101.4 Million Yen, which is $96,110 in the US. (Auckerman, 2000)Yahoo! was taken to the House of Foreign Affairs, (a US court) by a Human Rights Group, because of crimes against Human Rights Laws. Yahoo! turned over names and materials and emails of two Chinese activists,