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When Jerry and David's Guide to the World Wide Web was renamed to Yahoo! in 1994, Yang and Filo said that "Yet Another Hierarchical Officious Oracle" was a suitable backronym for this name, but they insisted they had selected the name because they liked the word's general definition, as in Gulliver's Travels by Jonathan Swift: "rude, unsophisticated, uncouth."
2001. 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.
Yahoo! ( / ˈjɑːhuː /, styled yahoo! in its logo) [ 4][ 5] is an American web services provider. It is headquartered in Sunnyvale, California, and operated by the namesake company Yahoo! Inc., which is 90% owned by investment funds managed by Apollo Global Management and 10% by Verizon Communications . It provides a web portal, search engine ...
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Spotify was founded in 2006 in Stockholm, Sweden, [ 16] by Daniel Ek, former CTO of Stardoll, and Martin Lorentzon, co-founder of Tradedoubler. [ 17][ 18] According to Ek, the company's title was initially misheard from a name shouted by Lorentzon. Later they conceived a portmanteau of "spot" and "identify".
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