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In February 2008, Microsoft Corporation made an unsolicited bid to acquire Yahoo for $44.6 billion.Yahoo formally rejected the bid, claiming that it "substantially undervalues" the company and was not in the interest of its shareholders.
By 1998, Yahoo was the most popular starting point for web users It also made many high-profile acquisitions.
On April 4, 2012, Yahoo announced a cut of 2,000 jobs or about 14 percent of its 14,100 workers.
The cut was expected to save around 5 million annually after the layoffs were completed at end of 2012.
was the highest-read news and media website, with over 7 billion views per month, being the sixth most visited website globally in 2016.
According to third-party web analytics providers, Alexa and Similar Web, Yahoo!
In response to Google's Gmail, Yahoo began to offer unlimited email storage in 2007.
The company struggled through 2008, with several large layoffs.
Three years later Yahoo had a market capitalization of .24 billion.
In September 2011 she was removed from her position at Yahoo by the company's chairman Roy Bostock, and CFO Tim Morse was named as Interim CEO of the company.
Japan; following the completion of the acquisition, these assets will be retained under the name Altaba, with a new executive team.
On December 14, 2016, the company revealed that another separate data breach had occurred in 2014, with hackers obtaining sensitive account information, including security questions, to at least one billion accounts.
In early 2012, after the appointment of Scott Thompson as CEO, rumors began to spread about looming layoffs.