AABA on NASDAQ

Altaba

Logo: Altaba Inc., Public domain, via Wikimedia Commons4

American investment company, formerly known as Yahoo Inc.

Altaba Inc. was a non-diversified, closed-end management investment company based in New York City that was formed from the remains of the first incarnation of Yahoo!3 From Wikipedia, CC BY-SA 4.0

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Last updated Oct 16, 2026.

Overview

1995Founded1

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  • TickerAABA on NASDAQ1
  • Industryinvestment management1
  • HeadquartersNew York City1
  • Websitewww.altaba.com
  • Incorporated inDE5
  • Business addressP.O. Box 402, Dripping Springs, Tx 786205
  • Filer categoryLarge accelerated filer5

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Yahoo Headquarters
Photo: photographer Coolcaesar, CC BY-SA 3.0, via Wikimedia Commons6

Altaba Inc. was a non-diversified, closed-end management investment company based in New York City that was formed from the remains of the first incarnation of Yahoo! Inc. after Verizon had acquired old Yahoo's Internet business. Verizon completed its acquisition on June 13, 2017, and put the assets under a new subsidiary named Yahoo! Holdings within its newly created division, Oath (now the current incarnation of Yahoo! Inc.). After the transaction, Yahoo! Inc. had no operating business but retained its cash holdings, partnership investments and bond portfolio, as well as certain patents that Verizon did not purchase. It reorganized as an investment fund and changed its name to Altaba Inc. on June 16. The only Yahoo!-branded interest held by Altaba was its stake in the joint venture Yahoo! Japan, which it sold to the SoftBank Group in late 2018.3

How it started

History

1994–2017: Yahoo! Inc.

In January 1994, Jerry Yang and David Filo, who were Electrical Engineering graduate students, created a website called "Jerry and David's Guide to the World Wide Web". The Guide was a directory of other websites, organized in a hierarchy, as opposed to a searchable index of pages. In April 1994, Jerry and David's Guide to the World Wide Web was renamed "Yahoo!". The word "YAHOO" is a backronym for "Yet Another Hierarchically Organized Oracle" or "Yet Another Hierarchical Officious Oracle." The yahoo.com domain was created on January 18, 1995.

Yahoo! grew rapidly throughout the 1990s and diversified into a web portal, followed by numerous high-profile acquisitions. The company's stock price skyrocketed during the dot-com bubble and closed at an all-time high of US$118.75 in 2000; however, after the dot-com bubble burst, it reached an all-time low of US$8.11 in 2001. Yahoo! formally rejected an acquisition bid from the Microsoft Corporation in 2008. In early 2012, the largest layoff in Yahoo!'s history was completed and 2,000 employees (14 percent of the workforce) lost their jobs.

Carol Bartz replaced co-founder Jerry Yang as CEO in January 2009, but was fired by the board of directors in September 2011; Tim Morse was appointed as interim CEO following Bartz's departure. Former PayPal president Scott Thompson became CEO in January 2012 and after he resigned was replaced by Ross Levinsohn as the company's interim CEO on May 13, 2012. On July 16, former Google executive Marissa Mayer, became the CEO of the company.

The media reported on Yahoo!'s interest in the video streaming site Hulu on May 26, 2013. Under Mayer's leadership, Yahoo!'s bid is worth between US$600 and $800 million, as a variety of options that consist of different circumstances were put forward by the company. As of May 28, 2013, Yahoo!'s videos attract 45 million unique visitors a month, while Hulu has 24 million visitors—the combination of the two audiences can place Yahoo! in the second-most popular position after Google and its subsidiary YouTube.

From Wikipedia’s article on Altaba, shared under CC BY-SA 4.0.3

Leadership

Who has led Altaba, and when. Pick a name to see everywhere that person has worked.

Chief executive

  1. Timothy Koogle1995–2001
  2. Terry Semel2001–2007
  3. Jerry Yang2007–2009
  4. Carol Bartz2009–2011
  5. Tim Morse2011–2012
  6. Scott Thompson2012
  7. Ross Levinsohn2012
  8. Marissa Mayer2012–2017
  9. Thomas J. McInerney2013–now
200020052010201520202025

Former names

  • YAHOO INCAug 14, 1996 to Jun 15, 20175

Timeline

  1. Oct 4, 2019Dissolved Dissolved1
  2. 2013New chief executive Thomas J. McInerney becomes CEO1
  3. Jul 16, 2012New chief executive Marissa Mayer becomes CEO1
  4. May 13, 2012New chief executive Ross Levinsohn becomes CEO1
  5. 2012New chief executive Scott Thompson becomes CEO1
  6. 2011New chief executive Tim Morse becomes CEO1
  7. 2009New chief executive Carol Bartz becomes CEO1
  8. 2007New chief executive Jerry Yang becomes CEO1
  9. 2001New chief executive Terry Semel becomes CEO1
  10. 1995Founded Founded1
  11. 1995New chief executive Timothy Koogle becomes CEO1

Sources

The numbers on this page point here. Each one links to the record it came from.

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