YAHOO’s History

David Filo and Jerry Yang, Ph.D. candidates in Electrical Engineering at Stanford University, started their guide in a campus trailer in February 1994 as a way to keep track of their personal interests on the Internet. Before long they were spending more time on their home-brewed lists of favorite links than on their doctoral dissertations. Eventually, Jerry and David’s lists became too long and unwieldy, and they broke them out into categories. When the categories became too full, they developed subcategories … and the core concept behind Yahoo! was born.

Today, Yahoo! Inc. is a leading global Internet communications, commerce and media company that offers a comprehensive branded network of services to more than 345 million individuals each month worldwide. As the first online navigational guide to the Web, www.yahoo.com is the leading guide in terms of traffic, advertising, household and business user reach. Yahoo! is the No. 1 Internet brand globally and reaches the largest audience worldwide. The company also provides online business and enterprise services designed to enhance the productivity and Web presence of Yahoo!’s clients. These services include Corporate Yahoo!, a popular customized enterprise portal solution; audio and video streaming; store hosting and management; and Web site tools and services. The company’s global Web network includes 25 World properties. Headquartered in Sunnyvale, Calif., Yahoo! has offices in Europe, Asia, Latin America, Australia, Canada and the United States.

Yahoo Messenger On Your Mobile

Message instantly and anywhere.

Get Yahoo! Messenger—the most popular instant messaging service—on your phone. It’s easy to send and receive instant messages anywhere—on any mobile device. So, stay connected, even when you step out.

Mobile Messenger that’s simple—and familiar.

Log off your desktop and onto your phone, and get the same in-the-moment messaging capabilities, wherever you are. Access your Yahoo! Messenger contact list, change your status, send, receive, wink, buzz, or LOL—all from your mobile device. Grab your phone, and you’ll never be out of reach.

A perfect partner for BlackBerry® and Sidekick.

If you’ve got a BlackBerry or Sidekick, you’re in for the best mobile messaging experience available. Yahoo! Messenger is designed with a familiar look and feel, plus added features that will bring out the best of these phones. With Yahoo! Messenger, you’ll stay in touch, in style.

Yahoo! Messenger for the BlackBerry

Yahoo! Messenger for the Sidekick

If you’ve got text, you’ve got Messenger.

Use text messaging to access Yahoo! Messenger when mobile. You won’t need to pay for a data plan—get your instant messages through your existing texting service. Click here to learn more about text messaging with Yahoo! Messenger, on your mobile.

Microsoft To Borrow For First Time In Its History: Ohh Yahoo Deal!

Znet reports that Microsoft said on Monday it may borrow money for the first time in its history to fund a portion of its $44.6bn (£22.7bn) unsolicited offer for Yahoo.

Microsoft also reports that it expects Yahoo’s board to agree to the proposed deal quickly. It’s Yahoo, however, that expects to take “quite a bit of time” to weigh all of its strategic options including remaining independent. Further, a source familiar with Yahoo’s strategy said it is considering a business alliance with Google to fend off Microsoft’s offer.

Deal With Yahoo Will Cut Microsoft’s Profits

Assuming the deal closes at the end of calendar 2008, Microsoft’s earnings per share will be “break-even or better” at least until the second full fiscal year after closing, “depending upon how quickly we can realize synergies, CFO Chris Liddell said Monday at an analysts’ meeting in New York City.

That means the company would likely not post a positive EPS at least until late 2010 and probably not until calendar 2011, or during its 2012 fiscal year. Microsoft’s fiscal year ends in June.

Microsoft is expected to have EPS of $1.87 for fiscal 2008. The stock ended Monday’s session down 26 cents, or 0.9% to $30.19.

Under the proposed deal, Microsoft would pay $44.6 billion to Yahoo! shareholders, half in cash and half in stock. Issuing $22 billion in stock would still be less than the company “put back in 2007″ in dividends and buybacks, Liddell said. Microsoft paid out 40 cents per share in dividends in fiscal 2007.

And rather than depleting cash reserves, Microsoft will borrow to reduce its financial risk on the deal. The company is already taking on big technological risks, particularly with the integration, CEO Steve Ballmer said.

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