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The cut was expected to save around 5 million annually after the layoffs were completed at end of 2012.On May 13, 2012, Yahoo issued a press release stating that Thompson was no longer with the company, and would immediately be replaced on an interim basis by Ross Levinsohn, recently appointed head of Yahoo's new Media group.On December 14, 2016, the company revealed that another separate data breach had occurred in 2014, with hackers obtaining sensitive account information, including security questions, to at least one billion accounts.On June 16, 2017, parts of the original Yahoo Inc, which were not purchased by Verizon Communications, were renamed Altaba Inc.Yahoo closed Yahoo Buzz, My Blog Log, and numerous other products on April 21, 2011.Yahoo Photos was closed on September 20, 2007, in favor of Flickr.
Japan; following the completion of the acquisition, these assets will be retained under the name Altaba, with a new executive team.
Answers and Yahoo Games to provide news and related content.
Yahoo provides a personalization service, My Yahoo, which enables users to combine their favorite Yahoo features, content feeds and information onto a single page.
was the highest-read news and media website, with over 7 billion views per month, being the sixth most visited website globally in 2016.
According to third-party web analytics providers, Alexa and Similar Web, Yahoo!Its stock price skyrocketed during the dot-com bubble, Yahoo stocks closing at an all-time high of $118.75 a share on January 3, 2000.