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March 7, 2001: Yahoo CEO Tim Koogle announces he will step down and remain only a company board member. April 17, 2001: Terry Semel announced as the new Yahoo CEO. [ 18] September 26, 2001: Yahoo stocks close at an all-time low of $8.11.
As of April 2008, the company's largest acquisition is the purchase of Broadcast.com, an Internet radio company, for $5.7 billion, making Broadcast.com co-founder Mark Cuban a billionaire. Most of the companies acquired by Yahoo are based in the United States; 78 of the companies are from the United States, and 15 are based in a foreign country.
Occupation (s) Founder, Janrain. Spouse. Karen Drebes. Larry Drebes (born April 20, 1967) is an American businessman and the co- founder of Janrain, Four11 Corporation, and Desktop.com. He was also an early leader of the OpenID initiative, which was widely supported by Google, Yahoo!, and other providers of online identity .
After Berkshire's 13-F filing in May showed that the company had sold more than 116 million shares of Apple, cutting its stake by 13%, Buffett addressed the move at the annual shareholder meeting ...
That happened last week, when Berkshire disclosed it sold about 34 million shares, or $1.48 billion, worth of Bank of America (NYSE: BAC), Berkshire's second-largest common stock holding, between ...
RocketMail. RocketMail was one of the first major free webmail services. The service was originally a product of Four11 Corporation. For a brief time, RocketMail battled with Hotmail for the number-one spot among free webmail services. Four11, including RocketMail, was acquired by Yahoo! in 1997 for $92 million. [ 1]
The Bank of America Corporation (often abbreviated BofA or BoA) is an American multinational investment bank and financial services holding company headquartered at the Bank of America Corporate Center in Charlotte, North Carolina, with investment banking and auxiliary headquarters in Manhattan. The bank was founded by the merger of NationsBank ...
The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30 companies that compose the Dow Jones Industrial Average). The index includes about 80 percent of the American equity market by capitalization.