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Updated 6/23/2008 © InfoWeb.net ALL RIGHTS RESERVED
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Yahoo! Is Globally Ranked #1 For Traffic
June 23, 2008 - That's right, Yahoo! is #1, Google is #2, and Google's You Tube is #3: you would think with all the fuss in the financial community and the major media that Yahoo! was lagging far back in the pack. Yahoo!, the search engine, portal, and collection-of-internet-properties has found itself in the news spotlight during much of this year. Yahoo! may have survived a potentially hostile offer from Microsoft, but it hasn't found its way into the clear yet. The financial world is still debating what they think Yahoo! should do, and at the same time, Yahoo! management has its own ideas, which are different. Stockholders may have yet a third position.
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Yahoo! Inc. (Yahoo!), incorporated in 1995, is a global Internet brand. To its global users, the Company provides owned and operated online properties and services (the Yahoo! Properties). To its advertisers, the Company provides a range of tools and marketing solutions designed to enable businesses to reach its users. Many of Yahoo!'s services are free to its users. It generates revenue by providing marketing services to businesses across the majority of its properties and by establishing paying relationships with users of its premium offerings. The Company's offerings to users and businesses fall into five categories: Search; Marketplace; Information and Entertainment; Communications, Communities and Front Doors, and Connected Life. The majority of its offerings are available globally in more than 20 languages. In July 2007, the Company completed the acquisition of Right Media Inc., the creator of the Right Media Exchange.
On January 29, 2006, the Company and Seven Network Limited (Seven), an Australian media company, completed a strategic partnership, in which the Company contributed its Australian Internet business, Yahoo! Australia and New Zealand (Yahoo! Australia), and Seven contributed its online assets, television and magazine content, an option to purchase its 33% ownership interest in mobile solutions provider m.Net Corporation Ltd. On June 12, 2006, it acquired an approximate 10% interest in Gmarket Inc., a retail e-commerce provider in South Korea. During the year ended December 31, 2006, Yahoo! acquired Jumpcut, which provides an online service for creating, editing, and sharing videos. (Reuters and other news sources)
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|Dr. Carol A, Bartz Ph.D. >||Chief Executive Officer, Pres|
|Mr. Jerry Yang >||Co-Founder, Exec. Director|
|Mr. Timothy R. Morse >||Chief Financial Officer, Exec. VP|
|David Filo >||Co-Founder|
|Michael J. Callahan >||Executive Vice President, General Counsel, Secretary|
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