Inventor and Founder of Yahoo: Jerry Yang Chih-Yuan and David Filo
Inventor and Founder of Yahoo: Jerry Yang Chih-Yuan and David Filo. Yahoo! Inc. was founded by two alumni of Stanford University, Jerry Yang Chih-Yuan (born November 6, 1968, is an American-Taiwan businessman) and David Filo (born in Wisconsin, USA, April 20, 1966).
Early in 2012, Jerry Yang finally left Yahoo, the company he founded since 1995. He left Yahoo completely, no more positions held there, including his chair on the board of directors. This was done just two weeks after Yahoo chose a new CEO, Scott Thompson. It has 3.69 percent of Yahoo shares, while David Filo who is also founder of Yahoo has 6 percent. The amount is based on data from April to May 2011.
Yahoo! was originally a sort of bookmark, the idea began in April 1994, when two Stanford University alumni (Jerry Yang Chih-Yuan and David Filo) got a vacation when their professor went out of town on a big vacation.
The two engineering students have little to do but surf the net . They do not take long to compile a large list of bookmarks, grouped by subject. Then they think to put it on the web, and start working on creating a database program to handle it so that it can deliver results online.
Originally a bookmark created in 1994 called "Jerry and David's Guide to the World Wide Web", finally changed to yahoo! which stands for "Yet Another Hierarchical Officious Oracle". Filo and Yang chose the word because they liked the common definition of the words, which came from Gulliver's Travels by Jonathan Swift: "rude-strong-, unsophisticated -simple-, and uncouth -buddy-)
On January 18, 1995, domain yahoo.com. Because Yang and Filo realized the huge potential of their website, finally on March 1, 1995, Yahoo was inaugurated as a legal entity.
"Yahoo akronim dari Yet Another Hierarchical Officious Oracle."
Like most search engines on the web, Yahoo also diversified into a web portal. In the late 1990s, Yahoo !, MSN, Lycos, Excite, and other web portals experienced a rapid growth that led to each web portal competing to expand the reach of their services for longer internet users to stop at their web portal. The way they do is to acquire other companies that can provide the services they want.
David Filo Yahoo! Inc. (NASDAQ: YHOO) is an Internet companymultinationals based in Sunnyvale, California, United States. The company is famous for its web portals, as well as search engines (Yahoo! Search), Yahoo! Directory, Yahoo! Yahoo Mail! News, Yahoo! Finance, Yahoo! Groups, Yahoo! Answers, advertising sites and services, online maps, video sharing, fantasy sports and social media. Yahoo! is one of the largest websites in the United States. According to news sources, about 700 million people visit Yahoo! sites Every month. Yahoo! itself claims that it has attracted "more than half a billion visitors every month to its 30-language sites."
Yahoo! Inc. founded by Jerry Yang and David Filo in January 1994 and formed on March 1, 1995. On July 16, 2012, former Google executive Marissa Mayer was appointed CEO and President of Yahoo !, effective July 17th. Yahoo has raised one CEO every year for the last five years.
In July 2012, Yahoo acquired a new CEO who is a former rival of their rival, Google, Marissa Mayer. (Wikipedia)