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{{short description|American technology company}}
{{short description|American technology company}}
{{about|the current incarnation of Yahoo|the previous incarnation which existed from 1995 to 2017|Yahoo! Inc. (1995–2017)|other uses|Yahoo (disambiguation)}}
{{about|the current incarnation of Yahoo|the previous incarnation that existed from 1995 to 2017|Yahoo! Inc. (1995–2017)|other uses|Yahoo (disambiguation)}}
{{pp-move-dispute|small=yes}}
{{pp-move-dispute|small=yes}}
{{pp-move|small=yes}}
{{pp-move|small=yes}}
{{Use mdy dates|date=December 2023}} {{Use American English|date=December 2023}}
{{Infobox company
{{Infobox company
| name = Yahoo! Inc.
| name = Yahoo! Inc.
| former_name = {{plainlist|
| former_name = {{plainlist|
* Oath Inc.<br />{{small|(2017–2019)}}
* Oath Inc.<br />{{small|(2017–2019)}}
* Verizon Media<br />{{small|(2019–2021)}}
* Verizon Media<br />{{small|(2019–2021)}}
}}
}}
| predecessors = {{unbulleted list|[[Yahoo! Inc. (1995–2017)]]|[[AOL]]}}
| predecessors = {{unbulleted list|[[Yahoo! Inc. (1995–2017)]]|[[AOL]]}}
| logo = Yahoo! (2019).svg
| logo = Yahoo! (2019).svg
| image = AOL_770.jpg
| image = AOL_770.jpg
| image_size = 250px
| image_size = 250px
| image_caption = Yahoo! Inc. headquarters, [[770 Broadway]],<br>New York City
| image_caption = Yahoo! Inc. headquarters, [[770 Broadway]],<br>New York City
| type = [[Privately held company|Private]]
| type = [[Joint venture]]
| industry = {{Unbulleted list|[[Internet]]|[[Media (communication)|Media]]|[[Technology]]}}
| industry = {{Unbulleted list|[[Internet]]|[[Media (communication)|Media]]|[[Technology]]}}
| founded = {{plainlist|
| founded = {{plainlist|
* {{start date and age|2017|06|13}} (as Oath)
* {{start date and age|2017|06|13}} (as Oath)
* {{start date and age|2019|01|08}} (as Verizon Media)
* {{start date and age|2019|01|08}} (as Verizon Media)
* {{start date and age|2021|09|01}} (as Yahoo!)
* {{start date and age|2021|09|01}} (as Yahoo!)
}}
}}
| location = {{nowrap|[[New York City]], New York, U.S.}}
| location = {{nowrap|[[New York City]], New York, U.S.}}
| area_served = Worldwide
| area_served = Worldwide
| key_people = [[Jim Lanzone]] ([[Chief executive officer|CEO]])
| key_people = [[Jim Lanzone]] ([[Chief executive officer|CEO]])
| services = {{Unbulleted list
| services = {{Unbulleted list
|[[Digital media]]
|[[Digital media]]
|[[Software]]
|[[Software]]
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|[[Online services]]
|[[Online services]]
}}
}}
| num_employees = 10,350<ref name="Employeees" />
| num_employees = 10,350<ref name="Employeees" />
| num_employees_year = 2019
| num_employees_year = 2019
| revenue = {{Increase}} $7.4 billion (2020)<ref>{{Cite web |url=https://fortune.com/company/yahoo/fortune500/ |title=Yahoo &#124; 2021 Fortune 500 |website=Fortune}}</ref>
| revenue = {{Increase}} $7.4 billion (2020)<ref>{{Cite web |url=https://fortune.com/company/yahoo/fortune500/ |title=Yahoo &#124; 2021 Fortune 500 |website=Fortune |access-date=2021-09-20 |archive-date=2022-04-12 |archive-url=https://web.archive.org/web/20220412011207/https://fortune.com/company/yahoo/fortune500/ |url-status=dead }}</ref>
| owners = {{ubl|[[Apollo Global Management]] (90%)|[[Verizon Communications]] (10%)}}
| owners = {{ubl|[[Apollo Global Management]] (90%)|[[Verizon]] (10%)}}
| brands = {{Plainlist|
| brands = {{Plainlist|
*[[AOL]]
*[[AOL]]
*[[Yahoo!]]
*[[Yahoo!]]
*[[CompuServe]]
*[[Netscape]]
*[[Netscape]]
*[[TechCrunch]]
*[[TechCrunch]]
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*[[Rivals.com|Rivals]]
*[[Rivals.com|Rivals]]
}}
}}
| subsid = [[Flurry (company)|Flurry]]
| subsid = [[Flurry (company)|Flurry]]
| website = {{nowrap|{{official URL}}}}
| website = {{nowrap|{{official URL}}}}
| footnotes = <ref>{{Cite web |last=Hackett |first=Robert |date=3 August 2016 |title=Read What Yahoo Is Telling Employees About the Verizon Deal |url=http://fortune.com/2016/08/02/yahoo-verizon-internal-faq/ |access-date=9 July 2017 |website=Fortune.com}}</ref><ref name="variety-magazine1" /><ref>{{Cite news |last=Lomas |first=Natasha |title=Latest round of Verizon layoffs at Oath affects <4% of staff globally |language=en |work=TechCrunch |url=https://techcrunch.com/2017/11/16/latest-round-of-verizon-layoffs-at-oath-affects-4-of-staff-globally/ |access-date=2018-02-19}}</ref>
| footnotes = <ref>{{Cite web |last=Hackett |first=Robert |date=3 August 2016 |title=Read What Yahoo Is Telling Employees About the Verizon Deal |url=http://fortune.com/2016/08/02/yahoo-verizon-internal-faq/ |access-date=9 July 2017 |website=Fortune.com |archive-date=20 June 2017 |archive-url=https://web.archive.org/web/20170620233959/http://fortune.com/2016/08/02/yahoo-verizon-internal-faq/ |url-status=live }}</ref><ref name="variety-magazine1" /><ref>{{Cite news |last=Lomas |first=Natasha |title=Latest round of Verizon layoffs at Oath affects <4% of staff globally |language=en |work=TechCrunch |url=https://techcrunch.com/2017/11/16/latest-round-of-verizon-layoffs-at-oath-affects-4-of-staff-globally/ |access-date=2018-02-19 |archive-date=2018-11-06 |archive-url=https://web.archive.org/web/20181106193003/https://techcrunch.com/2017/11/16/latest-round-of-verizon-layoffs-at-oath-affects-4-of-staff-globally/ |url-status=live }}</ref>
| module = {{infobox network service provider|child=yes|asn=10310}}
}}
}}


The second incarnation of '''Yahoo! Inc.''' is an American multinational technology company that focuses on media and online business. The current incarnation of the company was formed in 2017. [[Verizon Communications]] acquired [[AOL]] in 2015,<ref name="Lunden15">{{Cite news |last=Lunden |first=Ingrid |date=23 June 2015 |title=Verizon completes its acquisition of AOL for $4.4B |work=[[Tech Crunch]] |url=https://techcrunch.com/2015/06/23/verizon-completes-its-acquisition-of-aol-for-4-4b/ |access-date=7 September 2017}}</ref><ref name="Snider15">{{Cite news |last=Snider |first=Mike |date=23 June 2015 |title=Verizon completes AOL acquisition, readies mobile video service |work=[[USA Today]] |url=https://www.usatoday.com/story/tech/2015/06/23/verizon-completes-aol-acquisition/29151975/ |access-date=7 September 2017}}</ref> and later purchased several assets from [[Yahoo! Inc. (1995–2017)|the previous incarnation of Yahoo! Inc.]], in 2017. The two entities would merge into a new subsidiary named '''Oath Inc.''' later that year.<ref name="variety-magazine1">{{Cite web |last=Spangler |first=Todd |date=June 19, 2017 |title=Tim Armstrong Unveils Oath: AOL-Yahoo Combo Is as Big as Netflix and Looking to Expand |url=https://variety.com/2017/digital/news/tim-armstrong-aol-yahoo-oath-netflix-1202470016/ |access-date=June 19, 2017 |website=[[Variety (magazine)|Variety]]}}</ref><ref>{{Cite news |last=Goel |first=Vindu |date=2017-06-13 |title=Verizon Completes $4.48 Billion Purchase of Yahoo, Ending an Era |language=en-US |work=The New York Times |url=https://www.nytimes.com/2017/06/13/technology/yahoo-verizon-marissa-mayer.html |access-date=2017-09-07 |issn=0362-4331}}</ref><ref>{{Cite news |last1=Chokshi |first1=Niraj |last2=Goel |first2=Vindu |date=2017-04-03 |title=Verizon Announces New Name Brand for AOL and Yahoo: Oath |language=en-US |work=The New York Times |url=https://www.nytimes.com/2017/04/03/technology/verizon-oath-yahoo-aol.html |access-date=2017-04-04 |issn=0362-4331}}</ref> In December 2018, Verizon announced it would [[Write-off#Write-down|write down]] the combined value of its purchases of AOL and Yahoo! by $4.6&nbsp;billion, roughly half.<ref name="Writedown" /> The company would be renamed '''Verizon Media''' the following month in January 2019.<ref name="oathtoverizonmedia">{{Cite web |date=2019-01-07 |title=Oath is now Verizon Media |url=https://www.oath.com/2019/01/07/oath-is-now-verizon-media/ |access-date=2019-01-09 |website=Oath}}</ref>
'''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.<ref name="Lunden15">{{Cite news |last=Lunden |first=Ingrid |date=23 June 2015 |title=Verizon completes its acquisition of AOL for $4.4B |work=[[Tech Crunch]] |url=https://techcrunch.com/2015/06/23/verizon-completes-its-acquisition-of-aol-for-4-4b/ |access-date=7 September 2017 |archive-date=20 July 2017 |archive-url=https://web.archive.org/web/20170720044842/https://techcrunch.com/2015/06/23/verizon-completes-its-acquisition-of-aol-for-4-4b/ |url-status=live }}</ref><ref name="Snider15">{{Cite news |last=Snider |first=Mike |date=23 June 2015 |title=Verizon completes AOL acquisition, readies mobile video service |work=[[USA Today]] |url=https://www.usatoday.com/story/tech/2015/06/23/verizon-completes-aol-acquisition/29151975/ |access-date=7 September 2017 |archive-date=7 October 2017 |archive-url=https://web.archive.org/web/20171007022822/https://www.usatoday.com/story/tech/2015/06/23/verizon-completes-aol-acquisition/29151975/ |url-status=live }}</ref> The resulting subsidiary entity was briefly called '''Oath Inc'''.<ref name="variety-magazine1">{{Cite web |last=Spangler |first=Todd |date=June 19, 2017 |title=Tim Armstrong Unveils Oath: AOL-Yahoo Combo Is as Big as Netflix and Looking to Expand |url=https://variety.com/2017/digital/news/tim-armstrong-aol-yahoo-oath-netflix-1202470016/ |access-date=June 19, 2017 |website=[[Variety (magazine)|Variety]] |archive-date=September 12, 2017 |archive-url=https://web.archive.org/web/20170912091342/http://variety.com/2017/digital/news/tim-armstrong-aol-yahoo-oath-netflix-1202470016/ |url-status=live }}</ref><ref>{{Cite news |last=Goel |first=Vindu |date=2017-06-13 |title=Verizon Completes $4.48 Billion Purchase of Yahoo, Ending an Era |language=en-US |work=The New York Times |url=https://www.nytimes.com/2017/06/13/technology/yahoo-verizon-marissa-mayer.html |access-date=2017-09-07 |issn=0362-4331 |archive-date=2017-12-10 |archive-url=https://web.archive.org/web/20171210183631/https://www.nytimes.com/2017/06/13/technology/yahoo-verizon-marissa-mayer.html |url-status=live }}</ref><ref>{{Cite news |last1=Chokshi |first1=Niraj |last2=Goel |first2=Vindu |date=2017-04-03 |title=Verizon Announces New Name Brand for AOL and Yahoo: Oath |language=en-US |work=The New York Times |url=https://www.nytimes.com/2017/04/03/technology/verizon-oath-yahoo-aol.html |access-date=2017-04-04 |issn=0362-4331 |archive-date=2017-04-04 |archive-url=https://web.archive.org/web/20170404002605/https://www.nytimes.com/2017/04/03/technology/verizon-oath-yahoo-aol.html |url-status=live }}</ref> In December 2018, Verizon announced it would [[Write-off#Write-down|write down]] the combined value of its purchases of AOL and Yahoo! by $4.6 billion, roughly half;<ref name="Writedown" /> the company would be renamed '''Verizon Media''' the following month in January 2019.<ref name="oathtoverizonmedia">{{Cite web |date=2019-01-07 |title=Oath is now Verizon Media |url=https://www.oath.com/2019/01/07/oath-is-now-verizon-media/ |access-date=2019-01-09 |website=Oath |archive-date=2019-01-10 |archive-url=https://web.archive.org/web/20190110133733/https://www.oath.com/2019/01/07/oath-is-now-verizon-media/ |url-status=dead }}</ref>


On May 3, 2021, Verizon announced that 90 percent of the division would be acquired by [[Apollo Global Management]] for roughly $5 billion, and would simply be known as '''Yahoo''' after the agreement comes to a close. Verizon would retain a 10% stake in the new group.<ref>{{Cite web |url=https://www.verizon.com/about/news/verizon-media-be-acquired-apollo-funds |title=Verizon Media to be acquired by Apollo Funds |date=3 May 2021}}</ref><ref name="Verizon 2021 deal">{{Cite news |last1=Lee |first1=Edmund |last2=Hirsch |first2=Lauren |date=2021-05-02 |title=Verizon Near Deal to Sell Yahoo and AOL |language=en-US |work=The New York Times |url=https://www.nytimes.com/2021/05/02/business/verizon-yahoo-aol-sale.html |access-date=2021-05-03 |issn=0362-4331}}</ref> The acquisition was completed on September 1, 2021.<ref name="Aquisition by Apollo complete">{{cite web |url=https://www.theverge.com/2021/9/2/22653652/yahoo-aol-acquired-apollo-global-management-private-equity |title=Yahoo is Yahoo once more after new owners complete acquisition |date=2 September 2021 |publisher=The Verge}}</ref>
On May 3, 2021, Verizon announced that 90 percent of the division would be acquired by American private equity firm [[Apollo Global Management]] for roughly $5 billion, and would simply be known as '''Yahoo'''; Verizon would retain a ten percent stake in the new group.<ref>{{Cite web |url=https://www.verizon.com/about/news/verizon-media-be-acquired-apollo-funds |title=Verizon Media to be acquired by Apollo Funds |date=3 May 2021 |access-date=5 July 2021 |archive-date=9 July 2021 |archive-url=https://web.archive.org/web/20210709183307/https://www.verizon.com/about/news/verizon-media-be-acquired-apollo-funds |url-status=live }}</ref><ref name="Verizon 2021 deal">{{Cite news |last1=Lee |first1=Edmund |last2=Hirsch |first2=Lauren |date=2021-05-02 |title=Verizon Near Deal to Sell Yahoo and AOL |language=en-US |work=The New York Times |url=https://www.nytimes.com/2021/05/02/business/verizon-yahoo-aol-sale.html |access-date=2021-05-03 |issn=0362-4331 |archive-date=2021-05-02 |archive-url=https://web.archive.org/web/20210502235556/https://www.nytimes.com/2021/05/02/business/verizon-yahoo-aol-sale.html |url-status=live }}</ref> The acquisition was completed on September 1, 2021.<ref name="Aquisition by Apollo complete">{{cite web |url=https://www.theverge.com/2021/9/2/22653652/yahoo-aol-acquired-apollo-global-management-private-equity |title=Yahoo is Yahoo once more after new owners complete acquisition |date=2 September 2021 |publisher=The Verge |access-date=2 September 2021 |archive-date=22 November 2021 |archive-url=https://web.archive.org/web/20211122214126/https://www.theverge.com/2021/9/2/22653652/yahoo-aol-acquired-apollo-global-management-private-equity |url-status=live }}</ref>


==History==
==History==
===Under Verizon (2017–2021)===
===Under Verizon (2017–2021)===
The company maintains dual headquarters at the former AOL and Yahoo! headquarters buildings in [[Manhattan]], New York, and [[Sunnyvale, California]], respectively.<ref name="Schubarth17">{{Cite news |last=Schubarth |first=Cromwell |date=14 June 2017 |title=Confirmed: Combined Yahoo, AOL cutting 2,100 jobs |work=[[American City Business Journals|Silicon Valley Business Journal]] |url=https://www.bizjournals.com/bizwomen/news/latest-news/2017/06/confirmed-combined-yahoo-aol-cutting-2-100-jobs.html?page=all |access-date=7 September 2017}}</ref> {{As of|2019|December}}, the company employed about 10,350 people.<ref name="Employeees">{{Cite news |last=Flynn |first=Kerry |date=December 10, 2019 |title=Verizon Media plans to lay off 150 people this week |work=[[CNN]] |url=https://www.cnn.com/2019/12/10/media/verizon-media-layoffs/index.html |access-date=December 11, 2019}}</ref><ref name="DiChristopher15">{{Cite news |last=DiChristopher |first=Tom |date=23 June 2015 |title=Verizon closes AOL acquisition |work=[[CNBC]] |url=https://www.cnbc.com/2015/06/23/verizon-closes-aol-acquisition.html |access-date=7 September 2017}}</ref>
The company is headquartered in [[Manhattan]], New York.<ref>{{Cite web |title=Office Locations &#124; Our Company &#124; Yahoo Inc. |url=https://www.yahooinc.com/office-locations |website=Yahoo, Inc |access-date=21 April 2024 }}</ref> {{As of|2019|December}}, the company employed about 10,350 people.<ref name="Employeees">{{Cite news |last=Flynn |first=Kerry |date=December 10, 2019 |title=Verizon Media plans to lay off 150 people this week |work=[[CNN]] |url=https://www.cnn.com/2019/12/10/media/verizon-media-layoffs/index.html |access-date=December 11, 2019 |archive-date=December 11, 2019 |archive-url=https://web.archive.org/web/20191211055033/https://www.cnn.com/2019/12/10/media/verizon-media-layoffs/index.html |url-status=live }}</ref><ref name="DiChristopher15">{{Cite news |last=DiChristopher |first=Tom |date=23 June 2015 |title=Verizon closes AOL acquisition |work=[[CNBC]] |url=https://www.cnbc.com/2015/06/23/verizon-closes-aol-acquisition.html |access-date=7 September 2017 |archive-date=7 October 2017 |archive-url=https://web.archive.org/web/20171007021346/https://www.cnbc.com/2015/06/23/verizon-closes-aol-acquisition.html |url-status=live }}</ref>


A year after the completion of the AOL acquisition, Verizon announced a $4.8 billion deal for Yahoo!'s core Internet business, to invest in the Internet company's [[Web search engine|search]], [[news]], [[finance]], [[sport]]s, [[Internet video|video]], [[emails]] and [[Tumblr]] products.<ref>{{Cite news |last=Goel |first=Vindu |date=2016-07-25 |title=Verizon Announces $4.8 Billion Deal for Yahoo's Internet Business |language=en-US |work=The New York Times |url=https://www.nytimes.com/2016/07/26/business/verizon-yahoo-sale.html |access-date=2017-09-07 |issn=0362-4331}}</ref> Yahoo! announced in September and December 2016 two major [[Internet security]] breaches affecting more than a billion customers.<ref>{{Cite news |last1=Goel |first1=Vindu |last2=Perlroth |first2=Nicole |date=2016-12-14 |title=Yahoo Says 1 Billion User Accounts Were Hacked |language=en-US |work=The New York Times |url=https://www.nytimes.com/2016/12/14/technology/yahoo-hack.html |access-date=2017-09-07 |issn=0362-4331}}</ref> As a result, Verizon lowered its offer for Yahoo! by $350 million to $4.48 billion.<ref name="Fiegerman17">{{Cite news |last=Fiegerman |first=Seth |date=21 February 2017 |title=Verizon cuts Yahoo deal price by $350 million |work=[[CNN]] |url=https://money.cnn.com/2017/02/21/technology/yahoo-verizon-deal/index.html |access-date=7 September 2017}}</ref>
A year after the completion of the AOL acquisition, Verizon announced a $4.8 billion deal for Yahoo!'s core Internet business, to invest in the Internet company's [[Web search engine|search]], [[news]], [[finance]], [[sport]]s, [[Internet video|video]], [[emails]] and [[Tumblr]] products.<ref>{{Cite news |last=Goel |first=Vindu |date=2016-07-25 |title=Verizon Announces $4.8 Billion Deal for Yahoo's Internet Business |language=en-US |work=The New York Times |url=https://www.nytimes.com/2016/07/26/business/verizon-yahoo-sale.html |access-date=2017-09-07 |issn=0362-4331 |url-access=limited |archive-date=2017-10-07 |archive-url=https://web.archive.org/web/20171007022332/https://www.nytimes.com/2016/07/26/business/verizon-yahoo-sale.html |url-status=live }}</ref> Yahoo! announced in September and December 2016 two major [[Internet security]] breaches affecting more than a billion customers.<ref>{{Cite news |last1=Goel |first1=Vindu |last2=Perlroth |first2=Nicole |date=2016-12-14 |title=Yahoo Says 1 Billion User Accounts Were Hacked |language=en-US |work=The New York Times |url=https://www.nytimes.com/2016/12/14/technology/yahoo-hack.html |access-date=2017-09-07 |issn=0362-4331 |url-access=limited |archive-date=2016-12-14 |archive-url=https://web.archive.org/web/20161214224401/http://www.nytimes.com/2016/12/14/technology/yahoo-hack.html |url-status=live }}</ref> As a result, Verizon lowered its offer for Yahoo! by $350 million to $4.48 billion.<ref name="Fiegerman17">{{Cite news |last=Fiegerman |first=Seth |date=21 February 2017 |title=Verizon cuts Yahoo deal price by $350 million |work=[[CNN]] |url=https://money.cnn.com/2017/02/21/technology/yahoo-verizon-deal/index.html |access-date=7 September 2017 |archive-date=7 October 2017 |archive-url=https://web.archive.org/web/20171007021834/http://money.cnn.com/2017/02/21/technology/yahoo-verizon-deal/index.html |url-status=live }}</ref>

The AOL deal and subsequent Yahoo! purchase were led by Verizon's management team, including Lowell McAdam (CEO), Marni Walden (EVP Product) and [[Tim Armstrong (executive)|Tim Armstrong]].<ref name="Writedown" /> Walden had been tasked with merging the two entities and delivering on the promise of moving Verizon from an analog to digital platforms business.<ref>{{Cite web |last=O'Reilly |first=Lara |date=25 July 2016 |title=This woman has been given the job of merging Yahoo with AOL |url=https://www.businessinsider.com/verizon-marni-walden-to-merge-aol-and-yahoo-2016-7?op=1 |website=Business Insider}}</ref> Walden exited Verizon in 2017 and as later events revealed, the integration did not deliver the expected value.


The AOL deal and subsequent Yahoo! purchase were led by Verizon's management team, including Lowell McAdam (CEO), Marni Walden (EVP Product) and [[Tim Armstrong (executive)|Tim Armstrong]].<ref name="Writedown" /> Walden had been tasked with merging the two entities and delivering on the promise of moving Verizon from an analog to digital platforms business.<ref>{{Cite web |last=O'Reilly |first=Lara |date=25 July 2016 |title=This woman has been given the job of merging Yahoo with AOL |url=https://www.businessinsider.com/verizon-marni-walden-to-merge-aol-and-yahoo-2016-7?op=1 |website=Business Insider |access-date=30 July 2019 |archive-date=6 August 2020 |archive-url=https://web.archive.org/web/20200806090301/https://www.businessinsider.com/verizon-marni-walden-to-merge-aol-and-yahoo-2016-7?op=1 |url-status=live }}</ref> Walden exited Verizon in 2017 and as later events revealed, the integration did not deliver the expected value.


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[[File:Oath, Inc. tagline blue transparent.svg|thumb|right|Oath logo, 2017–2019]]
[[File:Oath, Inc. tagline blue transparent.svg|thumb|right|Oath logo, 2017–2019]]
Two months before closing the deal for Yahoo!, Verizon announced it would place Yahoo! and AOL under an umbrella named Oath.<ref>{{Cite news |last1=Chokshi |first1=Niraj |last2=Goel |first2=Vindu |date=2017-04-03 |title=Verizon Announces New Name Brand for AOL and Yahoo: Oath |language=en-US |work=The New York Times |url=https://www.nytimes.com/2017/04/03/technology/verizon-oath-yahoo-aol.html |access-date=2017-09-08 |issn=0362-4331}}</ref> The deal closed on June 13, 2017, and Oath was launched.<ref name="ReutersJune132017">{{Cite news |last1=Tharakan |first1=Anya George |last2=Shepardson |first2=David |date=13 June 2017 |title=Verizon closes Yahoo deal, Mayer steps down |work=[[Reuters]] |url=https://www.reuters.com/article/us-yahoo-m-a-verizon/verizon-closes-yahoo-deal-mayer-steps-down-idUSKBN194220 |access-date=8 September 2017}}</ref> Upon completion of the deal, Yahoo! CEO [[Marissa Mayer]] resigned.<ref name="ReutersJune132017" /> Yahoo! operations not acquired in the deal were renamed [[Altaba]], a holding company whose primary assets are its 15.5 percent stake in [[Alibaba Group]] and 35.5 percent stake in [[Yahoo! Japan]].<ref name="ReutersJune132017" /> After the merger, Oath cut fifteen percent of the Yahoo-AOL workforce.<ref name="variety-magazine1" /> In 2018, Altaba sold [[Yahoo! Japan]] to [[SoftBank Group]].
Two months before closing the deal for Yahoo!, Verizon announced it would place Yahoo! and AOL under an umbrella named Oath.<ref>{{Cite news |last1=Chokshi |first1=Niraj |last2=Goel |first2=Vindu |date=2017-04-03 |title=Verizon Announces New Name Brand for AOL and Yahoo: Oath |language=en-US |work=The New York Times |url=https://www.nytimes.com/2017/04/03/technology/verizon-oath-yahoo-aol.html |access-date=2017-09-08 |issn=0362-4331 |url-access=limited |archive-date=2017-04-04 |archive-url=https://web.archive.org/web/20170404002605/https://www.nytimes.com/2017/04/03/technology/verizon-oath-yahoo-aol.html |url-status=live }}</ref> The deal closed on June 13, 2017, and Oath was launched.<ref name="ReutersJune132017">{{Cite news |last1=Tharakan |first1=Anya George |last2=Shepardson |first2=David |date=13 June 2017 |title=Verizon closes Yahoo deal, Mayer steps down |work=[[Reuters]] |url=https://www.reuters.com/article/us-yahoo-m-a-verizon/verizon-closes-yahoo-deal-mayer-steps-down-idUSKBN194220 |access-date=8 September 2017 |archive-date=13 November 2018 |archive-url=https://web.archive.org/web/20181113030052/https://www.reuters.com/article/us-yahoo-m-a-verizon/verizon-closes-yahoo-deal-mayer-steps-down-idUSKBN194220 |url-status=live }}</ref> Upon completion of the deal, Yahoo! CEO [[Marissa Mayer]] resigned.<ref name="ReutersJune132017" /> Yahoo! operations not acquired in the deal were renamed [[Altaba]], a holding company whose primary assets are its 15.5 percent stake in [[Alibaba Group]] and 35.5 percent stake in [[Yahoo! Japan]].<ref name="ReutersJune132017" /> After the merger, Oath cut fifteen percent of the Yahoo-AOL workforce.<ref name="variety-magazine1" /> In 2018, Altaba sold [[Yahoo! Japan]] to [[SoftBank Group]].


In April 2018, Helios and Matheson acquired the [[Moviefone]] movie listings website from Oath. As part of the transaction, Verizon took a stake in [[Helios and Matheson Analytics]] stock.<ref name="bb">{{Cite news |last=Smith |first=Gerry |date=April 5, 2018 |title=MoviePass Acquires Moviefone to Bolster Film-a-Day Service |work=[[Bloomberg News|Bloomberg]] |url=https://www.bloomberg.com/news/articles/2018-04-05/moviepass-teams-with-moviefone-to-shake-up-theater-business |access-date=April 5, 2018}}</ref><ref>{{Cite news |last=Carr |first=Flora |date=April 5, 2018 |title=MoviePass Just Bought Moviefone. Here's What It Means for Moviegoers |language=en |work=Fortune |url=http://fortune.com/2018/04/05/moviepass-buys-moviefone/ |access-date=April 6, 2018}}</ref>
In April 2018, [[Helios and Matheson Analytics]] acquired the [[Moviefone]] movie listings website from Oath, in consideration for which Verizon took a stake in Helios and Matheson.<ref name="bb">{{Cite news |last=Smith |first=Gerry |date=April 5, 2018 |title=MoviePass Acquires Moviefone to Bolster Film-a-Day Service |work=[[Bloomberg News|Bloomberg]] |url=https://www.bloomberg.com/news/articles/2018-04-05/moviepass-teams-with-moviefone-to-shake-up-theater-business |access-date=April 5, 2018 |url-access=limited |archive-date=September 12, 2020 |archive-url=https://web.archive.org/web/20200912233026/https://www.bloomberg.com/news/articles/2018-04-05/moviepass-teams-with-moviefone-to-shake-up-theater-business |url-status=live }}</ref><ref>{{Cite news |last=Carr |first=Flora |date=April 5, 2018 |title=MoviePass Just Bought Moviefone. Here's What It Means for Moviegoers |language=en |work=Fortune |url=http://fortune.com/2018/04/05/moviepass-buys-moviefone/ |access-date=April 6, 2018 |url-access=subscription |archive-date=July 9, 2018 |archive-url=https://web.archive.org/web/20180709180236/http://fortune.com/2018/04/05/moviepass-buys-moviefone/ |url-status=live }}</ref>


In April 2018, Verizon sold [[Flickr]] to [[SmugMug]], for an undisclosed amount.<ref>{{Cite news |last=Siegel |first=Rachel |date=13 August 2019 |title=Tumblr once sold for $1.1 billion. The owner of WordPress just bought the site for a fraction of that. |url=https://eu.usatoday.com/story/tech/2018/04/20/smugmug-buys-flickr-verizon-oath/537377002/ |newspaper=The Washington Post |access-date=10 February 2022 |archive-date=21 January 2022 |archive-url=https://web.archive.org/web/20220121231804/https://eu.usatoday.com/story/tech/2018/04/20/smugmug-buys-flickr-verizon-oath/537377002/ |url-status=live }}</ref>
In May 2018, Verizon and [[Samsung]] agreed to terms that would preload four Oath applications ("apps") onto [[Samsung Galaxy S9]] smartphones.<ref>{{Cite web |last=Bode |first=Karl |date=4 May 2018 |title=Verizon Brings Its Oath, Yahoo Bloatware to Samsung Phones |url=http://www.dslreports.com/shownews/Verizon-Brings-Its-Oath-Yahoo-Bloatware-to-Samsung-Phones-141754 |access-date=6 May 2018 |website=DSLReports.com}}</ref> The agreement includes Oath's Newsroom, [[Yahoo Sports|Yahoo! Sports]], [[Yahoo! Finance]], and [[go90]] mobile video apps (closed in July 2018), with integration of native Oath advertisements into both the Oath apps and Samsung's own Galaxy and Game Launcher apps.<ref>{{Cite web |last=Gartenberg |first=Chaim |date=2 May 2018 |title=Verizon is putting Oath bloatware like Go90 on its Galaxy S9 phones |url=https://www.theverge.com/2018/5/2/17310950/verizon-galaxy-s9-oath-bloatware-phones |access-date=6 May 2018 |website=The Verge}}</ref><ref>{{Cite web |last=Sloane |first=Garett |date=2 May 2018 |title=Verizon Uses Mobile Might to Get Oath Apps Onto Samsung Phones |url=http://adage.com/article/special-report-newfronts/verizon-mobile-oath-apps-samsung-phones/313354/ |access-date=4 May 2018 |website=AdAge}}</ref>


In May 2018, Verizon and [[Samsung]] agreed to terms that would preload four Oath [[mobile apps]] onto [[Samsung Galaxy S9]] smartphones.<ref>{{Cite web |last=Bode |first=Karl |date=4 May 2018 |title=Verizon Brings Its Oath, Yahoo Bloatware to Samsung Phones |url=https://www.dslreports.com/shownews/Verizon-Brings-Its-Oath-Yahoo-Bloatware-to-Samsung-Phones-141754 |access-date=25 May 2023 |website=[[DSLReports]] |archive-date=25 May 2023 |archive-url=https://web.archive.org/web/20230525000533/https://www.dslreports.com/shownews/Verizon-Brings-Its-Oath-Yahoo-Bloatware-to-Samsung-Phones-141754 |url-status=live }}</ref> The agreement includes Oath's Newsroom, [[Yahoo Sports|Yahoo! Sports]], [[Yahoo! Finance]], and [[go90]] mobile video apps (closed in July 2018), with integration of native Oath advertisements into both the Oath apps and Samsung's own Galaxy and Game Launcher apps.<ref>{{Cite web |last=Gartenberg |first=Chaim |date=2 May 2018 |title=Verizon is putting Oath bloatware like Go90 on its Galaxy S9 phones |url=https://www.theverge.com/2018/5/2/17310950/verizon-galaxy-s9-oath-bloatware-phones |access-date=6 May 2018 |website=The Verge |archive-date=6 May 2018 |archive-url=https://web.archive.org/web/20180506090101/https://www.theverge.com/2018/5/2/17310950/verizon-galaxy-s9-oath-bloatware-phones |url-status=live }}</ref><ref>{{Cite web |last=Sloane |first=Garett |date=2 May 2018 |title=Verizon Uses Mobile Might to Get Oath Apps Onto Samsung Phones |url=http://adage.com/article/special-report-newfronts/verizon-mobile-oath-apps-samsung-phones/313354/ |access-date=4 May 2018 |website=AdAge |archive-date=5 May 2018 |archive-url=https://web.archive.org/web/20180505010400/http://adage.com/article/special-report-newfronts/verizon-mobile-oath-apps-samsung-phones/313354/ |url-status=live }}</ref>
On September 12, 2018, it was announced that [[K. Guru Gowrappan]] would succeed Tim Armstrong as CEO, effective October 1.<ref>{{Cite news |last=Fung |first=Brian |date=12 September 2018 |title=Verizon says Oath CEO Tim Armstrong is stepping down |newspaper=The Washington Post |url=https://www.washingtonpost.com/technology/2018/09/12/verizon-says-oath-ceo-tim-armstrong-is-stepping-down/?noredirect=on}}</ref>


On September 12, 2018, it was announced that [[K. Guru Gowrappan]] would succeed Tim Armstrong as CEO, effective October 1.<ref>{{Cite news |last=Fung |first=Brian |date=12 September 2018 |title=Verizon says Oath CEO Tim Armstrong is stepping down |newspaper=The Washington Post |url=https://www.washingtonpost.com/technology/2018/09/12/verizon-says-oath-ceo-tim-armstrong-is-stepping-down/?noredirect=on |access-date=12 September 2018 |archive-date=16 September 2018 |archive-url=https://web.archive.org/web/20180916034150/https://www.washingtonpost.com/technology/2018/09/12/verizon-says-oath-ceo-tim-armstrong-is-stepping-down/?noredirect=on |url-status=live }}</ref>
On December 3, 2018, the company declared a new set of rules for the Tumblr community that took effect December 17, 2018, banning "adult content". This move raised objections that it harms their LGBTQ community, sexual abuse survivors, sex workers, adult content blogs, and other bloggers.<ref>{{Cite news |last=Ho |first=Vivian |date=2018-12-03 |title=Tumblr's adult content ban dismays some users: 'It was a safe space' |work=The Guardian |url=https://www.theguardian.com/technology/2018/dec/03/tumblr-adult-content-ban-lgbt-community-gender |access-date=2018-12-04}}</ref><ref>{{Cite news |last=Kelly |first=Heather |date=2018-12-03 |title=How Tumblr's adult content crackdown could alienate users |work=CNN Business |url=https://www.cnn.com/2018/12/03/tech/tumblr-bans-pornography-adult-content/index.html |access-date=2018-12-04}}</ref> The move came after the Tumblr app was removed from the Apple App Store due to issues with child pornography,<ref>{{Cite news |last=Porter |first=Jon |date=2018-11-20 |title=Tumblr was removed from Apple's App Store over child pornography issues |work=The Verge |url=https://www.theverge.com/2018/11/20/18104366/tumblr-ios-app-child-pornography-removed-from-app-store |access-date=4 December 2018}}</ref> leading some to speculate that the ban may have been made to regain access to the App Store.<ref>{{Cite news |last=Roettgers |first=Janko |title=Tumblr to Ban All Adult Content |agency=Nasdaq |url=https://www.nasdaq.com/article/tumblr-to-ban-all-adult-content-cm1064022 |access-date=4 December 2018}}</ref>


On December 3, 2018, the company declared a new set of rules for the Tumblr community that took effect December 17, 2018, banning "adult content". This move raised objections that it harms their LGBTQ community, sexual abuse survivors, sex workers, adult content blogs, and other bloggers.<ref>{{Cite news |last=Ho |first=Vivian |date=2018-12-03 |title=Tumblr's adult content ban dismays some users: 'It was a safe space' |work=The Guardian |url=https://www.theguardian.com/technology/2018/dec/03/tumblr-adult-content-ban-lgbt-community-gender |access-date=2018-12-04 |archive-date=2018-12-04 |archive-url=https://web.archive.org/web/20181204080114/https://www.theguardian.com/technology/2018/dec/03/tumblr-adult-content-ban-lgbt-community-gender |url-status=live }}</ref><ref>{{Cite news |last=Kelly |first=Heather |date=2018-12-03 |title=How Tumblr's adult content crackdown could alienate users |work=CNN Business |url=https://www.cnn.com/2018/12/03/tech/tumblr-bans-pornography-adult-content/index.html |access-date=2018-12-04 |archive-date=2018-12-04 |archive-url=https://web.archive.org/web/20181204021504/https://www.cnn.com/2018/12/03/tech/tumblr-bans-pornography-adult-content/index.html |url-status=live }}</ref> The move came after the Tumblr app was removed from the Apple App Store due to issues with child pornography,<ref>{{Cite news |last=Porter |first=Jon |date=2018-11-20 |title=Tumblr was removed from Apple's App Store over child pornography issues |work=The Verge |url=https://www.theverge.com/2018/11/20/18104366/tumblr-ios-app-child-pornography-removed-from-app-store |access-date=4 December 2018 |archive-date=2018-12-06 |archive-url=https://web.archive.org/web/20181206202300/https://www.theverge.com/2018/11/20/18104366/tumblr-ios-app-child-pornography-removed-from-app-store |url-status=live }}</ref> leading some to speculate that the ban may have been made to regain access to the App Store.<ref>{{Cite news |last=Roettgers |first=Janko |title=Tumblr to Ban All Adult Content |agency=Nasdaq |url=https://www.nasdaq.com/article/tumblr-to-ban-all-adult-content-cm1064022 |access-date=4 December 2018 |archive-date=4 December 2018 |archive-url=https://web.archive.org/web/20181204151527/https://www.nasdaq.com/article/tumblr-to-ban-all-adult-content-cm1064022 |url-status=live }}</ref>
In December 2018, Verizon announced that it was cutting 10% of Oath's workforce<ref>{{Cite news |last=Byers |first=Dylan |date=14 December 2018 |title=Verizon plans to cut 10 percent of Oath staff |work=NBC News |url=https://www.nbcnews.com/news/all/verizon-plans-cut-10-percent-oath-staff-n948001 |access-date=17 December 2018}}</ref> and would write down the value of the business by $4.6B. Verizon management blamed competitive pressures and that the business never achieved the anticipated benefits.<ref>{{Cite web |last=Jackson |first=Abby |date=2018-12-11 |title=Verizon will write down $4.6 billion in value of Oath, the unit that combined AOL and Yahoo assets |url=https://www.businessinsider.com/verizon-will-write-down-46-billion-in-value-of-oath-2018-12 |access-date=2018-12-17 |website=Business Insider}}</ref> The move wiped out all of the goodwill on the balance sheets that accompanied the acquisitions.<ref name="Writedown">{{Cite web |last=Spangler |first=Todd |date=11 December 2018 |title=Verizon to Take $4.6 Billion Charge for Oath, Wiping Out Nearly All of Yahoo-AOL Unit's Goodwill Value |url=https://variety.com/2018/digital/news/verizon-4-6-billion-oath-impairment-charge-yahoo-aol-unit-1203086587/ |access-date=17 December 2018 |website=Variety.com}}</ref>

In December 2018, Verizon announced that it was cutting 10% of Oath's workforce<ref>{{Cite news |last=Byers |first=Dylan |date=14 December 2018 |title=Verizon plans to cut 10 percent of Oath staff |work=NBC News |url=https://www.nbcnews.com/news/all/verizon-plans-cut-10-percent-oath-staff-n948001 |access-date=17 December 2018 |archive-date=17 December 2018 |archive-url=https://web.archive.org/web/20181217225619/https://www.nbcnews.com/news/all/verizon-plans-cut-10-percent-oath-staff-n948001 |url-status=live }}</ref> and would write down the value of the business by $4.6B. Verizon management blamed competitive pressures and that the business never achieved the anticipated benefits.<ref>{{Cite web |last=Jackson |first=Abby |date=2018-12-11 |title=Verizon will write down $4.6 billion in value of Oath, the unit that combined AOL and Yahoo assets |url=https://www.businessinsider.com/verizon-will-write-down-46-billion-in-value-of-oath-2018-12 |access-date=2018-12-17 |website=Business Insider |archive-date=2018-12-12 |archive-url=https://web.archive.org/web/20181212164640/https://www.businessinsider.com/verizon-will-write-down-46-billion-in-value-of-oath-2018-12 |url-status=live }}</ref> The move wiped out all of the goodwill on the balance sheets that accompanied the acquisitions.<ref name="Writedown">{{Cite web |last=Spangler |first=Todd |date=11 December 2018 |title=Verizon to Take $4.6 Billion Charge for Oath, Wiping Out Nearly All of Yahoo-AOL Unit's Goodwill Value |url=https://variety.com/2018/digital/news/verizon-4-6-billion-oath-impairment-charge-yahoo-aol-unit-1203086587/ |access-date=17 December 2018 |website=Variety |archive-date=18 December 2018 |archive-url=https://web.archive.org/web/20181218010406/https://variety.com/2018/digital/news/verizon-4-6-billion-oath-impairment-charge-yahoo-aol-unit-1203086587/ |url-status=live }}</ref>


[[File:Verizon Media logo.svg|thumb|right|Verizon Media logo, 2019–2021]]
[[File:Verizon Media logo.svg|thumb|right|Verizon Media logo, 2019–2021]]
On January 8, 2019, Oath was renamed Verizon Media.<ref name="oathtoverizonmedia" />
On January 8, 2019, Oath was renamed Verizon Media.<ref name="oathtoverizonmedia" />


In April 2018, Verizon sold [[Flickr]] to [[SmugMug]], for an undisclosed amount.<ref>{{Cite news |last=Siegel |first=Rachel |date=13 August 2019 |title=Tumblr once sold for $1.1 billion. The owner of WordPress just bought the site for a fraction of that. |url=https://eu.usatoday.com/story/tech/2018/04/20/smugmug-buys-flickr-verizon-oath/537377002/ |newspaper=The Washington Post}}</ref>
In August 2019, Verizon sold [[Tumblr]] to [[Automattic]], the owner of [[WordPress.com]], for an undisclosed amount that was reportedly less than $3 million.<ref>{{Cite web |last= |first= |date=20 April 2018 |title=SmugMug snaps up Flickr photo service from Verizon's Oath |url=https://www.washingtonpost.com/technology/2019/08/13/tumblr-once-sold-billion-owner-wordpress-just-bought-site-fraction-that/ |website=USA Today |access-date=13 August 2019 |archive-date=22 September 2019 |archive-url=https://web.archive.org/web/20190922233001/https://www.washingtonpost.com/technology/2019/08/13/tumblr-once-sold-billion-owner-wordpress-just-bought-site-fraction-that/ |url-status=live }}</ref>

In August 2019, Verizon sold [[Tumblr]] to [[Automattic]], the owner of [[WordPress.com]], for an undisclosed amount which was reportedly less than $3 million.<ref>{{Cite web |last= |first= |date=20 April 2018 |title=SmugMug snaps up Flickr photo service from Verizon's Oath |url=https://www.washingtonpost.com/technology/2019/08/13/tumblr-once-sold-billion-owner-wordpress-just-bought-site-fraction-that/ |website=USA Today}}</ref>


In November 2020, Verizon sold [[HuffPost]] to [[BuzzFeed]].<ref>{{Cite news |last1=Lee |first1=Edmund |last2=Hsu |first2=Tiffany |date=19 November 2020 |title=BuzzFeed to Acquire HuffPost From Verizon Media |work=The New York Times |url=https://www.nytimes.com/2020/11/19/business/media/buzzfeed-huffpost.html |access-date=13 December 2020}}</ref> in an all-stock deal, remaining minority shareholder in Buzzfeed.<ref>{{Cite web |last=Stephen |first=Bijan |date=2020-11-19 |title=Verizon goes 180 on HuffPost, sells it to BuzzFeed |url=https://www.theverge.com/2020/11/19/21575599/buzzfeed-acquires-huffpost-verizon-jonah-peretti-tumblr |access-date=2021-08-17 |website=The Verge |language=en}}</ref>
In November 2020, Verizon sold [[HuffPost]] to [[BuzzFeed]].<ref>{{Cite news |last1=Lee |first1=Edmund |last2=Hsu |first2=Tiffany |date=19 November 2020 |title=BuzzFeed to Acquire HuffPost From Verizon Media |work=The New York Times |url=https://www.nytimes.com/2020/11/19/business/media/buzzfeed-huffpost.html |access-date=13 December 2020 |url-access=limited |archive-date=11 December 2020 |archive-url=https://web.archive.org/web/20201211171418/https://www.nytimes.com/2020/11/19/business/media/buzzfeed-huffpost.html |url-status=live }}</ref> in an all-stock deal, remaining minority shareholder in Buzzfeed.<ref>{{Cite web |last=Stephen |first=Bijan |date=2020-11-19 |title=Verizon goes 180 on HuffPost, sells it to BuzzFeed |url=https://www.theverge.com/2020/11/19/21575599/buzzfeed-acquires-huffpost-verizon-jonah-peretti-tumblr |access-date=2021-08-17 |website=The Verge |language=en |archive-date=2021-08-17 |archive-url=https://web.archive.org/web/20210817160701/https://www.theverge.com/2020/11/19/21575599/buzzfeed-acquires-huffpost-verizon-jonah-peretti-tumblr |url-status=live }}</ref>


===As Yahoo (2021–present)===
===As Yahoo (2021–present)===
On May 3, 2021, Verizon announced that the Verizon Media would be acquired by [[Apollo Global Management]] for roughly $5 billion, and would simply be known as Yahoo following the closure of the deal, with Verizon retaining a minor 10% stake in the new group.{{R|Verizon 2021 deal}} The acquisition was completed on September 1, 2021, with the company now known as Yahoo.{{R|Aquisition by Apollo complete}}
On May 3, 2021, Verizon announced that the Verizon Media would be acquired by [[Apollo Global Management]] for roughly $5 billion, and would simply be known as Yahoo following the closure of the deal, with Verizon retaining a minor 10% stake in the new group.{{R|Verizon 2021 deal}} The acquisition was completed on September 1, 2021, with the company now known as Yahoo.{{R|Aquisition by Apollo complete}}


On September 10, 2021, [[Jim Lanzone]], who had most recently served as CEO of [[Tinder (app)|Tinder]], was named CEO of Yahoo, succeeding Gowrappan.<ref>{{cite news |last1=Sherman |first1=Alex |title=Tinder CEO Jim Lanzone will be next CEO of Yahoo following Apollo acquisition |url=https://www.cnbc.com/2021/09/10/tinder-ceo-jim-lanzone-will-be-next-ceo-of-yahoo-following-apollo-acquisition.html |work=CNBC |date=September 10, 2021}}</ref>
On September 10, 2021, [[Jim Lanzone]], who had most recently served as CEO of [[Tinder (app)|Tinder]], was named CEO of Yahoo, succeeding Gowrappan.<ref>{{cite news |last1=Sherman |first1=Alex |title=Tinder CEO Jim Lanzone will be next CEO of Yahoo following Apollo acquisition |url=https://www.cnbc.com/2021/09/10/tinder-ceo-jim-lanzone-will-be-next-ceo-of-yahoo-following-apollo-acquisition.html |work=CNBC |date=September 10, 2021 |access-date=September 15, 2021 |archive-date=September 15, 2021 |archive-url=https://web.archive.org/web/20210915101557/https://www.cnbc.com/2021/09/10/tinder-ceo-jim-lanzone-will-be-next-ceo-of-yahoo-following-apollo-acquisition.html |url-status=live }}</ref>


== Brands ==
== Brands ==
Some of the digital media brands under Yahoo include:<ref>{{Cite news |title=Our brands |publisher=Yahoo Inc. |url=https://www.yahooinc.com/our-brands/ |access-date=30 August 2022}}</ref>
Some of the digital media brands under Yahoo include:<ref>{{Cite news |title=Our brands |publisher=Yahoo Inc. |url=https://www.yahooinc.com/our-brands/ |access-date=30 August 2022 |archive-date=4 October 2022 |archive-url=https://web.archive.org/web/20221004134600/https://www.yahooinc.com/our-brands/ |url-status=live }}</ref>


{{div col|colwidth=30em}}
{{div col|colwidth=30em}}
Line 101: Line 103:
* ''[[Engadget]]''
* ''[[Engadget]]''
* [[Flurry (company)|Flurry]]
* [[Flurry (company)|Flurry]]
* In the Know
* In The Know
* Makers
* Makers
* [[Rivals.com|Rivals]]
* [[Rivals.com|Rivals]]
Line 113: Line 115:
* [[Polyvore]] (sold and merged into [[SSENSE]] in 2018)
* [[Polyvore]] (sold and merged into [[SSENSE]] in 2018)
* [[MapQuest]] (sold to System1 in 2019)
* [[MapQuest]] (sold to System1 in 2019)
* [[Tumblr]] (sold to [[WordPress.com]] owner [[Automattic]] in 2019)<ref>{{Cite web |last=Miller |first=Chance |date=2019-08-12 |title=WordPress owner Automattic to acquire Tumblr for 'nominal amount' |url=https://9to5mac.com/2019/08/12/wordpress-owner-automattic-to-acquire-tumblr/ |access-date=2019-08-12 |website=9to5Mac |language=en-US}}</ref>
* [[Tumblr]] (sold to [[WordPress.com]] owner [[Automattic]] in 2019)<ref>{{Cite web |last=Miller |first=Chance |date=2019-08-12 |title=WordPress owner Automattic to acquire Tumblr for 'nominal amount' |url=https://9to5mac.com/2019/08/12/wordpress-owner-automattic-to-acquire-tumblr/ |access-date=2019-08-12 |website=9to5Mac |language=en-US |archive-date=2019-08-12 |archive-url=https://web.archive.org/web/20190812214022/https://9to5mac.com/2019/08/12/wordpress-owner-automattic-to-acquire-tumblr/ |url-status=live }}</ref>
* ''[[HuffPost]]'' (sold to [[BuzzFeed]] in 2020)<ref>{{Cite news |last=Hagey |first=Benjamin Mullin and Keach |date=2020-11-19 |title=BuzzFeed to Acquire HuffPost in Stock Deal With Verizon Media |language=en-US |work=Wall Street Journal |url=https://www.wsj.com/articles/buzzfeed-to-acquire-huffpost-in-stock-deal-with-verizon-media-11605808800 |access-date=2020-12-08 |issn=0099-9660}}</ref>
* ''[[HuffPost]]'' (sold to [[BuzzFeed]] in 2020)<ref>{{Cite news |last=Hagey |first=Benjamin Mullin and Keach |date=2020-11-19 |title=BuzzFeed to Acquire HuffPost in Stock Deal With Verizon Media |language=en-US |work=Wall Street Journal |url=https://www.wsj.com/articles/buzzfeed-to-acquire-huffpost-in-stock-deal-with-verizon-media-11605808800 |access-date=2020-12-08 |issn=0099-9660 |archive-date=2020-11-19 |archive-url=https://web.archive.org/web/20201119180053/https://www.wsj.com/articles/buzzfeed-to-acquire-huffpost-in-stock-deal-with-verizon-media-11605808800 |url-status=live }}</ref>
* [[Edgecast]] (sold and merged into [[Edgio]] in 2022)
* [[Edgecast]] (sold and merged into [[Edgio]] in 2022)


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=== Discontinued ===
=== Discontinued ===
* [[Alto Mail]] (discontinued on December 10, 2017)<ref>{{Cite news |last=Fingas |first=Jon |date=25 October 2017 |title=Alto Mail is shutting down now that AOL is part of Oath |publisher=Engadget |url=https://www.engadget.com/2017-10-25-aol-alto-mail-shuts-down-december-10th.html |access-date=13 December 2020}}</ref>
* [[Alto Mail]] (discontinued on December 10, 2017)<ref>{{Cite news |last=Fingas |first=Jon |date=25 October 2017 |title=Alto Mail is shutting down now that AOL is part of Oath |publisher=Engadget |url=https://www.engadget.com/2017-10-25-aol-alto-mail-shuts-down-december-10th.html |access-date=13 December 2020 |archive-date=12 November 2020 |archive-url=https://web.archive.org/web/20201112012335/https://www.engadget.com/2017-10-25-aol-alto-mail-shuts-down-december-10th.html |url-status=live }}</ref>
* [[AIM (software)|AIM]] (discontinued on December 15, 2017)
* [[AIM (software)|AIM]] (discontinued on December 15, 2017)
* [[go90]] (closed on July 31, 2018)<ref>{{Cite web |last=Statt |first=Nick |date=2018-06-28 |title=Verizon is shutting down its original video app Go90 |url=https://www.theverge.com/2018/6/28/17516266/verizon-shutting-down-go90-original-video-content-app |website=The Verge}}</ref>
* [[go90]] (closed on July 31, 2018)<ref>{{Cite web |last=Statt |first=Nick |date=2018-06-28 |title=Verizon is shutting down its original video app Go90 |url=https://www.theverge.com/2018/6/28/17516266/verizon-shutting-down-go90-original-video-content-app |website=The Verge |access-date=2018-07-22 |archive-date=2019-01-27 |archive-url=https://web.archive.org/web/20190127073438/https://www.theverge.com/2018/6/28/17516266/verizon-shutting-down-go90-original-video-content-app |url-status=live }}</ref>
* [[Yahoo! Messenger]] (discontinued on July 17, 2018)
* [[Yahoo! Messenger]] (discontinued on July 17, 2018)
* [[Yahoo! Together]] (discontinued in April 2019)
* [[Yahoo! Together]] (discontinued in April 2019)
* [[Yahoo Mobile]] (discontinued on August 2021)<ref>{{Cite web |last=Alleven |first=Monica |date=2021-06-18 |title=Yahoo Mobile prepares for shutdown {{!}} Fierce Network |url=https://www.fierce-network.com/operators/yahoo-mobile-shuts-down |access-date=2024-06-30 |website=www.fierce-network.com |language=en}}</ref>


== References ==
== References ==
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{{Verizon}}
{{Verizon}}
{{Major Internet companies}}
{{Major Internet companies}}
{{Tumblr navbox}}
}}
}}


{{DEFAULTSORT:Yahoo (2017-present)}}
[[Category:Yahoo!| ]]
[[Category:Yahoo!| ]]
[[Category:2017 establishments in New York City]]
[[Category:2017 establishments in New York City]]

Revision as of 23:57, 30 June 2024

Yahoo! Inc.
Formerly
  • Oath Inc.
    (2017–2019)
  • Verizon Media
    (2019–2021)
Company typeJoint venture
Industry
Predecessors
Founded
  • June 13, 2017; 7 years ago (2017-06-13) (as Oath)
  • January 8, 2019; 5 years ago (2019-01-08) (as Verizon Media)
  • September 1, 2021; 2 years ago (2021-09-01) (as Yahoo!)
HeadquartersNew York City, New York, U.S.
Area served
Worldwide
Key people
Jim Lanzone (CEO)
Brands
Services
RevenueIncrease $7.4 billion (2020)[1]
Owners
Number of employees
10,350[2] (2019)
SubsidiariesFlurry
ASN
Websiteyahooinc.com Edit this at Wikidata
Footnotes / references
[3][4][5]

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.[6][7] The resulting subsidiary entity was briefly called Oath Inc.[4][8][9] In December 2018, Verizon announced it would write down the combined value of its purchases of AOL and Yahoo! by $4.6 billion, roughly half;[10] the company would be renamed Verizon Media the following month in January 2019.[11]

On May 3, 2021, Verizon announced that 90 percent of the division would be acquired by American private equity firm Apollo Global Management for roughly $5 billion, and would simply be known as Yahoo; Verizon would retain a ten percent stake in the new group.[12][13] The acquisition was completed on September 1, 2021.[14]

History

Under Verizon (2017–2021)

The company is headquartered in Manhattan, New York.[15] As of December 2019, the company employed about 10,350 people.[2][16]

A year after the completion of the AOL acquisition, Verizon announced a $4.8 billion deal for Yahoo!'s core Internet business, to invest in the Internet company's search, news, finance, sports, video, emails and Tumblr products.[17] Yahoo! announced in September and December 2016 two major Internet security breaches affecting more than a billion customers.[18] As a result, Verizon lowered its offer for Yahoo! by $350 million to $4.48 billion.[19]

The AOL deal and subsequent Yahoo! purchase were led by Verizon's management team, including Lowell McAdam (CEO), Marni Walden (EVP Product) and Tim Armstrong.[10] Walden had been tasked with merging the two entities and delivering on the promise of moving Verizon from an analog to digital platforms business.[20] Walden exited Verizon in 2017 and as later events revealed, the integration did not deliver the expected value.

Oath logo, 2017–2019

Two months before closing the deal for Yahoo!, Verizon announced it would place Yahoo! and AOL under an umbrella named Oath.[21] The deal closed on June 13, 2017, and Oath was launched.[22] Upon completion of the deal, Yahoo! CEO Marissa Mayer resigned.[22] Yahoo! operations not acquired in the deal were renamed Altaba, a holding company whose primary assets are its 15.5 percent stake in Alibaba Group and 35.5 percent stake in Yahoo! Japan.[22] After the merger, Oath cut fifteen percent of the Yahoo-AOL workforce.[4] In 2018, Altaba sold Yahoo! Japan to SoftBank Group.

In April 2018, Helios and Matheson Analytics acquired the Moviefone movie listings website from Oath, in consideration for which Verizon took a stake in Helios and Matheson.[23][24]

In April 2018, Verizon sold Flickr to SmugMug, for an undisclosed amount.[25]

In May 2018, Verizon and Samsung agreed to terms that would preload four Oath mobile apps onto Samsung Galaxy S9 smartphones.[26] The agreement includes Oath's Newsroom, Yahoo! Sports, Yahoo! Finance, and go90 mobile video apps (closed in July 2018), with integration of native Oath advertisements into both the Oath apps and Samsung's own Galaxy and Game Launcher apps.[27][28]

On September 12, 2018, it was announced that K. Guru Gowrappan would succeed Tim Armstrong as CEO, effective October 1.[29]

On December 3, 2018, the company declared a new set of rules for the Tumblr community that took effect December 17, 2018, banning "adult content". This move raised objections that it harms their LGBTQ community, sexual abuse survivors, sex workers, adult content blogs, and other bloggers.[30][31] The move came after the Tumblr app was removed from the Apple App Store due to issues with child pornography,[32] leading some to speculate that the ban may have been made to regain access to the App Store.[33]

In December 2018, Verizon announced that it was cutting 10% of Oath's workforce[34] and would write down the value of the business by $4.6B. Verizon management blamed competitive pressures and that the business never achieved the anticipated benefits.[35] The move wiped out all of the goodwill on the balance sheets that accompanied the acquisitions.[10]

Verizon Media logo, 2019–2021

On January 8, 2019, Oath was renamed Verizon Media.[11]

In August 2019, Verizon sold Tumblr to Automattic, the owner of WordPress.com, for an undisclosed amount that was reportedly less than $3 million.[36]

In November 2020, Verizon sold HuffPost to BuzzFeed.[37] in an all-stock deal, remaining minority shareholder in Buzzfeed.[38]

As Yahoo (2021–present)

On May 3, 2021, Verizon announced that the Verizon Media would be acquired by Apollo Global Management for roughly $5 billion, and would simply be known as Yahoo following the closure of the deal, with Verizon retaining a minor 10% stake in the new group.[13] The acquisition was completed on September 1, 2021, with the company now known as Yahoo.[14]

On September 10, 2021, Jim Lanzone, who had most recently served as CEO of Tinder, was named CEO of Yahoo, succeeding Gowrappan.[39]

Brands

Some of the digital media brands under Yahoo include:[40]

Divested

It had partial ownership of Moviefone's former parent company, Helios and Matheson Analytics Inc., until its liquidation in 2020.

Discontinued

References

  1. ^ "Yahoo | 2021 Fortune 500". Fortune. Archived from the original on April 12, 2022. Retrieved September 20, 2021.
  2. ^ a b Flynn, Kerry (December 10, 2019). "Verizon Media plans to lay off 150 people this week". CNN. Archived from the original on December 11, 2019. Retrieved December 11, 2019.
  3. ^ Hackett, Robert (August 3, 2016). "Read What Yahoo Is Telling Employees About the Verizon Deal". Fortune.com. Archived from the original on June 20, 2017. Retrieved July 9, 2017.
  4. ^ a b c Spangler, Todd (June 19, 2017). "Tim Armstrong Unveils Oath: AOL-Yahoo Combo Is as Big as Netflix and Looking to Expand". Variety. Archived from the original on September 12, 2017. Retrieved June 19, 2017.
  5. ^ Lomas, Natasha. "Latest round of Verizon layoffs at Oath affects <4% of staff globally". TechCrunch. Archived from the original on November 6, 2018. Retrieved February 19, 2018.
  6. ^ Lunden, Ingrid (June 23, 2015). "Verizon completes its acquisition of AOL for $4.4B". Tech Crunch. Archived from the original on July 20, 2017. Retrieved September 7, 2017.
  7. ^ Snider, Mike (June 23, 2015). "Verizon completes AOL acquisition, readies mobile video service". USA Today. Archived from the original on October 7, 2017. Retrieved September 7, 2017.
  8. ^ Goel, Vindu (June 13, 2017). "Verizon Completes $4.48 Billion Purchase of Yahoo, Ending an Era". The New York Times. ISSN 0362-4331. Archived from the original on December 10, 2017. Retrieved September 7, 2017.
  9. ^ Chokshi, Niraj; Goel, Vindu (April 3, 2017). "Verizon Announces New Name Brand for AOL and Yahoo: Oath". The New York Times. ISSN 0362-4331. Archived from the original on April 4, 2017. Retrieved April 4, 2017.
  10. ^ a b c Spangler, Todd (December 11, 2018). "Verizon to Take $4.6 Billion Charge for Oath, Wiping Out Nearly All of Yahoo-AOL Unit's Goodwill Value". Variety. Archived from the original on December 18, 2018. Retrieved December 17, 2018.
  11. ^ a b "Oath is now Verizon Media". Oath. January 7, 2019. Archived from the original on January 10, 2019. Retrieved January 9, 2019.
  12. ^ "Verizon Media to be acquired by Apollo Funds". May 3, 2021. Archived from the original on July 9, 2021. Retrieved July 5, 2021.
  13. ^ a b Lee, Edmund; Hirsch, Lauren (May 2, 2021). "Verizon Near Deal to Sell Yahoo and AOL". The New York Times. ISSN 0362-4331. Archived from the original on May 2, 2021. Retrieved May 3, 2021.
  14. ^ a b "Yahoo is Yahoo once more after new owners complete acquisition". The Verge. September 2, 2021. Archived from the original on November 22, 2021. Retrieved September 2, 2021.
  15. ^ "Office Locations | Our Company | Yahoo Inc". Yahoo, Inc. Retrieved April 21, 2024.
  16. ^ DiChristopher, Tom (June 23, 2015). "Verizon closes AOL acquisition". CNBC. Archived from the original on October 7, 2017. Retrieved September 7, 2017.
  17. ^ Goel, Vindu (July 25, 2016). "Verizon Announces $4.8 Billion Deal for Yahoo's Internet Business". The New York Times. ISSN 0362-4331. Archived from the original on October 7, 2017. Retrieved September 7, 2017.
  18. ^ Goel, Vindu; Perlroth, Nicole (December 14, 2016). "Yahoo Says 1 Billion User Accounts Were Hacked". The New York Times. ISSN 0362-4331. Archived from the original on December 14, 2016. Retrieved September 7, 2017.
  19. ^ Fiegerman, Seth (February 21, 2017). "Verizon cuts Yahoo deal price by $350 million". CNN. Archived from the original on October 7, 2017. Retrieved September 7, 2017.
  20. ^ O'Reilly, Lara (July 25, 2016). "This woman has been given the job of merging Yahoo with AOL". Business Insider. Archived from the original on August 6, 2020. Retrieved July 30, 2019.
  21. ^ Chokshi, Niraj; Goel, Vindu (April 3, 2017). "Verizon Announces New Name Brand for AOL and Yahoo: Oath". The New York Times. ISSN 0362-4331. Archived from the original on April 4, 2017. Retrieved September 8, 2017.
  22. ^ a b c Tharakan, Anya George; Shepardson, David (June 13, 2017). "Verizon closes Yahoo deal, Mayer steps down". Reuters. Archived from the original on November 13, 2018. Retrieved September 8, 2017.
  23. ^ Smith, Gerry (April 5, 2018). "MoviePass Acquires Moviefone to Bolster Film-a-Day Service". Bloomberg. Archived from the original on September 12, 2020. Retrieved April 5, 2018.
  24. ^ Carr, Flora (April 5, 2018). "MoviePass Just Bought Moviefone. Here's What It Means for Moviegoers". Fortune. Archived from the original on July 9, 2018. Retrieved April 6, 2018.
  25. ^ Siegel, Rachel (August 13, 2019). "Tumblr once sold for $1.1 billion. The owner of WordPress just bought the site for a fraction of that". The Washington Post. Archived from the original on January 21, 2022. Retrieved February 10, 2022.
  26. ^ Bode, Karl (May 4, 2018). "Verizon Brings Its Oath, Yahoo Bloatware to Samsung Phones". DSLReports. Archived from the original on May 25, 2023. Retrieved May 25, 2023.
  27. ^ Gartenberg, Chaim (May 2, 2018). "Verizon is putting Oath bloatware like Go90 on its Galaxy S9 phones". The Verge. Archived from the original on May 6, 2018. Retrieved May 6, 2018.
  28. ^ Sloane, Garett (May 2, 2018). "Verizon Uses Mobile Might to Get Oath Apps Onto Samsung Phones". AdAge. Archived from the original on May 5, 2018. Retrieved May 4, 2018.
  29. ^ Fung, Brian (September 12, 2018). "Verizon says Oath CEO Tim Armstrong is stepping down". The Washington Post. Archived from the original on September 16, 2018. Retrieved September 12, 2018.
  30. ^ Ho, Vivian (December 3, 2018). "Tumblr's adult content ban dismays some users: 'It was a safe space'". The Guardian. Archived from the original on December 4, 2018. Retrieved December 4, 2018.
  31. ^ Kelly, Heather (December 3, 2018). "How Tumblr's adult content crackdown could alienate users". CNN Business. Archived from the original on December 4, 2018. Retrieved December 4, 2018.
  32. ^ Porter, Jon (November 20, 2018). "Tumblr was removed from Apple's App Store over child pornography issues". The Verge. Archived from the original on December 6, 2018. Retrieved December 4, 2018.
  33. ^ Roettgers, Janko. "Tumblr to Ban All Adult Content". Nasdaq. Archived from the original on December 4, 2018. Retrieved December 4, 2018.
  34. ^ Byers, Dylan (December 14, 2018). "Verizon plans to cut 10 percent of Oath staff". NBC News. Archived from the original on December 17, 2018. Retrieved December 17, 2018.
  35. ^ Jackson, Abby (December 11, 2018). "Verizon will write down $4.6 billion in value of Oath, the unit that combined AOL and Yahoo assets". Business Insider. Archived from the original on December 12, 2018. Retrieved December 17, 2018.
  36. ^ "SmugMug snaps up Flickr photo service from Verizon's Oath". USA Today. April 20, 2018. Archived from the original on September 22, 2019. Retrieved August 13, 2019.
  37. ^ Lee, Edmund; Hsu, Tiffany (November 19, 2020). "BuzzFeed to Acquire HuffPost From Verizon Media". The New York Times. Archived from the original on December 11, 2020. Retrieved December 13, 2020.
  38. ^ Stephen, Bijan (November 19, 2020). "Verizon goes 180 on HuffPost, sells it to BuzzFeed". The Verge. Archived from the original on August 17, 2021. Retrieved August 17, 2021.
  39. ^ Sherman, Alex (September 10, 2021). "Tinder CEO Jim Lanzone will be next CEO of Yahoo following Apollo acquisition". CNBC. Archived from the original on September 15, 2021. Retrieved September 15, 2021.
  40. ^ "Our brands". Yahoo Inc. Archived from the original on October 4, 2022. Retrieved August 30, 2022.
  41. ^ Miller, Chance (August 12, 2019). "WordPress owner Automattic to acquire Tumblr for 'nominal amount'". 9to5Mac. Archived from the original on August 12, 2019. Retrieved August 12, 2019.
  42. ^ Hagey, Benjamin Mullin and Keach (November 19, 2020). "BuzzFeed to Acquire HuffPost in Stock Deal With Verizon Media". Wall Street Journal. ISSN 0099-9660. Archived from the original on November 19, 2020. Retrieved December 8, 2020.
  43. ^ Fingas, Jon (October 25, 2017). "Alto Mail is shutting down now that AOL is part of Oath". Engadget. Archived from the original on November 12, 2020. Retrieved December 13, 2020.
  44. ^ Statt, Nick (June 28, 2018). "Verizon is shutting down its original video app Go90". The Verge. Archived from the original on January 27, 2019. Retrieved July 22, 2018.
  45. ^ Alleven, Monica (June 18, 2021). "Yahoo Mobile prepares for shutdown | Fierce Network". www.fierce-network.com. Retrieved June 30, 2024.