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Tumblr's CEO and founder David Karp would remain a large shareholder.

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On May 13, 2012, Yahoo issued a press release stating that Thompson was no longer with the company, and would immediately be replaced on an interim basis by Ross Levinsohn, recently appointed head of Yahoo's new Media group.

On May 19, 2013 the Yahoo board approved a $1.1 billion purchase of blogging site Tumblr.

Yahoo provided social networking services and user-generated content, including products such as My Web, Yahoo Personals, Yahoo 360°, Delicious, Flickr, and Yahoo Buzz.

Yahoo closed Yahoo Buzz, My Blog Log, and numerous other products on April 21, 2011.

At its height it was one of the most popular sites in the United States.

Answers, advertising, online mapping, video sharing, fantasy sports, and its social media website.

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.

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.

Its stock price skyrocketed during the dot-com bubble, Yahoo stocks closing at an all-time high of 8.75 a share on January 3, 2000.

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