What Made Yahoo Great, And What Led To Its Fall

Verizon today agreed to buy Yahoo today for nearly $5 billion. Yahoo was started by two Stanford grads in a trailer on campus in 1994. It was a web directory at first, but went on to offer free email, news and search.

But Google and Facebook's dominance in online search and social media eclipsed the company, leading to years of turmoil, and eventually to today's sale.

Here & Now's Meghna Chakrabarti speaks with Jill Schlesinger of CBS News about Yahoo's history.

Jill Schlesinger, business analyst with CBS News and host of "Jill on Money." She tweets @jillonmoney.