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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.Several key executives, such as Chief Product Officer Blake Irving, left. 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.is sell the company." Following the conclusion of the purchase, these assets will be merged with AOL to form a new entity known as Oath; Yahoo, AOL, and Huffington Post will continue to operate under their own names, under the Oath umbrella.The deal excludes Yahoo's 15% stake in Alibaba Group and 35.5% stake in Yahoo!

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By 1998, Yahoo was the most popular starting point for web users It also made many high-profile acquisitions.In response to Google's Gmail, Yahoo began to offer unlimited email storage in 2007.The company struggled through 2008, with several large layoffs.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.