Google and Yahoo
Google is a large index of Web sites and other online content that it made available freely through its online search engine site. It was incorporated in 1998 in California and reincorporated in 2003 in Delaware by two men named Larry Page and Sergey Brin. The Company has headquarters in the California, United States in which many people work on maintaining Google and continuing to make it better. This site helps people find information about any subject almost instantly. Many businesses and third party sites use Google as a search engine on their sites. Google has been named among the “Top 100 Web Sites and Search Engines”. Also, other than image and text search engines, Google also has Google Maps, Google Earth, and Google Analytics.
It initially was unable to find substantial financial backing from leading technology companies, so Page and Brin wrote a business plan in 1998 and solicit potential investors. This must have worked because later that year Sun Microsystems founder Andy Bechtolsheim invested $100,000 in Google.
Today Google receives roughly 60 million search queries each day. It profits a total of $105.6 million on sales of $961.9 million each year. Its revenues are $23, 650.60 million each year. It has received many awards regarding its capability, too many to name! It has over one billion page indexes. In 2000, Yahoo even decided to add Google’s search engine to its site!
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Yahoo! is an email and search engine first made available in 1994 by its founders David Filo and Jerry Yang. The Company has offices in more than 25 countries, including the United States, Europe, Asia, Latin American, and Canada. Many people around the world use Yahoo! to connect with other people through email, and, like Google, to search for information and images. Also like Google, many businesses and third party sites use Yahoo.
In 1996, the Yahoo! Site went public, with a stock price starting at $13 per share. Things like Yellow Pages, online shopping, and chat areas were also added to Yahoo! around this time. In 1997, Yahoo! began expanding internationally, creating Yahoo! Europe and Yahoo! Japan, and Yahoo! is available for use in 14 countries. Over 95 million pages of information are viewed daily through Yahoo! and 156 million users visit Yahoo! each day.
In 1998 Yahoo! teamed up with AT&T Corp to provide internet access through their service. Yahoo! also acquired $3.7 billion from adding Geocities to their site. Each year, Yahoo! revenues reach $6, 460.30 million each year, and net income grows to $61.1 million. Yahoo! also pays $1.6 billion in stock each year to acquire commercial search services. It profits $238 million, yet its stock price grows 88% each year.
The Yahoo site contains Yahoo! Home Page, Yahoo! Search, Yahoo! Mail, and Yahoo! Go, a mobile site. Though, Google is Yahoo!’s default search engine and its uses their results. It operates as the leading guide in terms of traffic, advertising, and user reach, and, now, its global network includes 23 international sites.