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Once a dominant web portal, Yahoo is now a subsidiary of Verizon Media, which bought it for $4.5 billion in 2017 to pair with its previous purchase of AOL. Yahoo, founded in 1998 by a pair of Stanford grad students, was once a go-to for web searches, maps, games, shopping, and email. At its peak, the service was worth $125 billion. But after failing to innovate, the company was beat out by rivals including Google.
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