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The Rise and Fall of Yahoo's Dominance

The video at the provided URL discusses the rise and fall of Yahoo, once a titan in the internet industry. Yahoo started in 1994 as a simple directory of websites created by Stanford graduate students Jerry Yang and David Filo. It quickly grew into a major portal for internet users, offering services like email, news, and search. At its peak, Yahoo was valued at over $125 billion. However, its decline began with several strategic missteps, including the rejection of a buyout offer from Microsoft in 2008, failure to innovate in search technology, and losing the mobile market to competitors like Google and Apple. The narrative also touches on the series of CEOs, including Marissa Mayer, who tried to revive the company but ultimately couldn't prevent its fall from grace. Yahoo's core internet business was sold to Verizon in 2017 for $4.8 billion, a stark contrast to its former glory, highlighting the rapid changes and fierce competition in the tech industry.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/other/the-rise-and-fall-of-yahoo-s-dominance/vi-AA1wSGkN ]