Yahoo have hired a new CEO Scott Thompson who was head of payments at Paypal. The appointment comes after the departure of Carol Bartz last September, due to the lacklustre performance of the company.
Yahoo was started by two electrical students, Jerry Yang and David Filo wayback in 1994. The World Wide Web was just in its infancy, and with the developments in internet technology Yahoo developed into a formable company.
Though Yahoo is a company that is always evolving and through its history hasn’t
really settled it enjoyed an environment that was both new and an unchallenged industry.
In the dot com explosion where investors flocked to snap-
When the dot com bubble burst many dot com businesses globally went under and investors lost billions, and that’s when a few dot com businesses survived and remained. Yahoo a giant in its ever increasing field of internet search engines.
But where there are losers, there are those that look at where the market failed
and look at opportunities from the rubble, and try and minimise the risk, especially
if you are trying to attract investors. Now that’s where Google and other companies
enter into the search engine market. Not only that the developments of webmail, advertising
and other add-
Frank Moulinex
Technology Reporter
