Here are key facts about Yahoo:-- Founded in 1994 by Stanford University students David Filo and Jerry Yang, Yahoo was created as a type of directory for the internet. -- Yahoo was once the leading search engine for the internet but it has been overtaken by Google, which launched in 1998. WASHINGTON - Among the best-known names on the internet, Yahoo was one of the first companies that enabled users to find their way online, but has lost its role as a leader. -- In 2013, Yahoo moved to attract a younger audience by buying the online blogging platform Tumblr for $1 billion. -- For online advertising, Yahoo is only expected to take 1.5 percent of the worldwide digital advertising market this year, down from 2.1 percent in 2015, according to eMarketer.

Source: Bangkok Post July 25, 2016 15:45 UTC