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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.In response to Google's Gmail, Yahoo began to offer unlimited email storage in 2007.The company struggled through 2008, with several large layoffs.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.However, after the dot-com bubble burst, it reached a post-bubble low of .11 on September 26, 2001. Over the next four years, it developed its own search technologies, which it began using in 2004.

On May 19, 2013 the Yahoo board approved a

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.

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!

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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. 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!

.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. 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!

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