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July 6, 2012: Yahoo! and Facebook settle their patent dispute. [102] July 16, 2012: Marissa Mayer is appointed CEO. [103] July 30, 2012: Levinsohn, former interim CEO, leaves Yahoo! [104] September 18, 2012: Yahoo! announced the completion of the first stage of the Alibaba share repurchase.
The yahoo.com domain was created on January 18, 1995. [6] Yahoo! grew rapidly through 1990–1999 and diversified into a web portal, followed by numerous high-profile acquisitions. The company's stock price rose rapidly during the dot-com bubble and closed at an all-time high of US$118.75 in 2000. [7]
Product (news feed) Facebook launches News Feed. [132] The original news feed is an algorithmically generated and constantly refreshing summary of updates about the activities of one's friends. The concept was relatively new at the time, with Twitter having launched only a few months in advance. 2006: September: Acquisition talks
It provides a web portal, search engine Yahoo Search, and related services, including My Yahoo!, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Sports and its advertising platform, Yahoo! Native. Yahoo was established by Jerry Yang and David Filo in January 1994 and was one of the pioneers of the early Internet era in the 1990s. [6]
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Unlike in the News Feed, the user can delete events from the Mini Feed after they appear so that they are no longer visible to profile visitors. In 2011, Facebook updated the News Feed to show top stories and most recent stories in one feed, and the option to highlight stories to make them top stories, as well as to un-highlight stories.
Initially, the emergence of Facebook did little to diminish MySpace's popularity; at the time, Facebook was targeted only at college students. At its peak, when News Corporation attempted to merge it with Yahoo! in 2007, Myspace was valued at $12 billion and had more than 300 million registered users. [44] [45] [46]