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What Made Yahoo Great, And What Led To Its Fall

A sign is seen in front of the Yahoo headquarters July 18, 2006 in Sunnyvale, California. (Justin Sullivan/Getty Images)
A sign is seen in front of the Yahoo headquarters July 18, 2006 in Sunnyvale, California. (Justin Sullivan/Getty Images)
This article is more than 4 years old.

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.

Guest

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

This segment aired on July 25, 2016. The audio for this segment is not available.

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