Yahoo was founded by Jerry Yang and David Filo in January 1994, but Yahoo is celebrating its 19th birthday on Saturday — that’s in honour of the company being incorporated on March 1, 1995.
Even though Yahoo still feels like a "new" company to some, it is celebrating its 19th birthday on Saturday. In other words, if Yahoo was a person, it would be old enough to drive but not old enough to drink a beer.
David Filo, co-founder of Yahoo says, "it's been an amazing 19 years, and I'm so incredibly proud of what Yahoo is today. Whether you're searching the web, sending email, checking the weather, sharing photos, watching videos, getting sports scores, tumbling, checking stocks or reading the news, we strive to make your daily habits inspiring and entertaining. Thank you for inspiring us and coming to Yahoo everyday".
Sadly, Yahoo is not the company it once was. As a search engine, it falls behind both Google and Bing. Plus, some in the tech industry have serious doubts about Yahoo's commitment to security.
However, the service is still very popular for things like fantasy football. Hopefully under Marissa Mayer's watch, the company can survive 19 more years.
Yahoo! Inc. is globally known for its Web portal, search engine Yahoo Search, and related services, including Yahoo Directory, Yahoo Mail, Yahoo News, Yahoo Finance, Yahoo Groups, Yahoo Answers, advertising, online mapping, video sharing, fantasy sports and its social media website.
About 700 million people visit Yahoo websites every month. Yahoo itself claims it attracts "more than half a billion consumers every month in more than 30 languages."
On July 16, 2012, former Google executive Marissa Mayer was named as Yahoo CEO and President, effective July 17, 2012.