Yahoo: The Giant That Passed on Google for $1 Million and Fell

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode!

Yahoo could have bought Google for $1 million in 1998. It declined. Ten years later it turned down $44.6 billion from Microsoft as too little, then sold its core business to Verizon for $4.83 billion. This episode reads the company's life as a corporate tragedy, beginning in January 1994, when Stanford graduate students Jerry Yang and David Filo built a human-edited directory called Jerry and David's Guide to the World Wide Web. Renamed Yahoo, it became the front door of the early internet, and its stock peaked at $118.75 in January 2000.

After the dot-com crash, the company never settled whether it was a search engine, a technology firm, or a media portal. That confusion drove a carousel of chief executives, costly acquisitions like Tumblr, a punishing ranking system under Marissa Mayer, and neglected security that exposed every user account. The episode closes with the Verizon sale, the Altaba spinoff, and the brand's long fade under Apollo.

In 2002 CEO Terry Semel offered $3 billion for Google, and Yahoo walked away when Google asked for $5 billion.
Scott Thompson was fired after 130 days over a discrepancy on his resume and left with at least $7.3 million. Carol Bartz was fired by phone in 2011.
A 2013 breach was eventually found to have hit all three billion accounts, and a 2014 attack used forged web cookies to bypass passwords, prompting Verizon to cut $350 million from its price.
Yahoo gave Chinese authorities user information that led to prison terms for dissidents, including Shi Tao, sentenced to 10 years in 2005.
The company shut down GeoCities in 2009, erasing millions of early personal web pages, while its most valuable holdings turned out to be stakes in Alibaba and Yahoo Japan.

Tämä jakso on lisätty Podme-palveluun avoimen RSS-syötteen kautta eikä se ole Podmen omaa tuotantoa. Siksi jakso saattaa sisältää mainontaa.

Jaksot(16184)

The Art of Adult Friendship: Why Quality Matters More Than Quantity

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode!In this episode of pplpod, we explore how our understanding of friendship changes as we grow old...

9 Marras 18min

Summer Explained: The Science, History, and Traditions of the Warmest Season

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode!In this episode of pplpod, we explore summer, the season most closely associated with sunshine, ...

7 Marras 18min

Sir Patrick Stewart: From Shakespeare to Star Trek, the Life and Legacy of a Legend

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode!In this episode of pplpod, we explore the extraordinary life of Sir Patrick Stewart, the acclaim...

7 Marras 49min

Larry David: The Genius of Social Awkwardness, Seinfeld, and Curb Your Enthusiasm

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode!In this episode of pplpod, we explore the life and career of Larry David, the comedian, writer, ...

6 Marras 38min

Why Australian Shepherds Aren't From Australia

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode!In this episode of pplpod, we explore the history of the Australian Shepherd, an intelligent, en...

5 Marras 45min

Labrador Retriever: From Newfoundland Fishing Dogs to Modern-Day Heroes

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode!In this episode of pplpod, we explore the remarkable history of the Labrador Retriever, one of t...

4 Marras 53min

Discovering Ireland: A Journey Through History, Culture, and the Wild Atlantic Way

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode!In this episode of pplpod, we explore Ireland through the philosophy of slow travel: go slower, ...

3 Marras 48min

Willie Hutch: An Overnight I'll Be There Lyric and The Mack's Soundtrack

Got something to say to this podcast? Send a voicemail, and you might hear yourself on the next episode!William McKinley Hutchins was born in Los Angeles in December 1944 and raised in Dallas, where h...

2 Marras 21min