As we all known that, Yahoo! is one of the major search engine in search engine listings. Yahoo! is best known for Web portal, Yahoo Mail, Yahoo News services. Later they introduced the search engine in its own to the world. At that time, people frequently surf Yahoo! to know the updates in and around the world.
But nowadays, lot of news based websites and social networks arrived in the internet industry. People always look for the hot news and updates. After the popular social networks Facebook and Twitter entered into the internet field, each and every person relocated to those networking websites to update themselves. Due to this sudden swing among the users, Yahoo! faced the economy downturn in the financial year.
Because of this economy recession, Yahoo! could not able to manage. Hence, AOL an American Online Company is ready to acquire Yahoo!, news sources said. Lot of internet and online industries made attempt to buy Yahoo! for the past three years. Even Microsoft also was ready to acquire the Yahoo! for 47 billion dollars on 2008. But their attempt was failed due to the Yahoo’s high rise in market share. But, now the market share for Yahoo! decreased to 25 billion dollars. A proper conclusion has not come yet, still the dealing between these two industries going on…
Tags: aol acquire yahoo, aol yahoo deal
This entry was posted on Friday, January 7th, 2011 at 2:40 am and is filed under Business Related, Internet Updates, Search Engines, yahoo. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
