Over the last decade, Google has established itself as one of the most influential trendsetters in human history. Never before has a single company permeated the global cultural so completely—not even Facebook with its 1.8 billion monthly active users. Not all that long ago, however, the battle for internet dominance was not quite so one-sided. For many years, there was a very strong competition between Google and Yahoo as both looked to provide users with unprecedented access to the world’s information.
As time went on, Google’s search engine algorithms seemed to meet the needs of web users more accurately than the algorithms used by Yahoo. In addition, the subsidiaries acquired by Google—such as YouTube, Vevo, and even cell-phone manufacturer Motorola—further strengthened its portfolio as Yahoo struggled to keep pace. Now, an acquisition deal is imminent which would place Yahoo under the control of Verizon, as the once-proud internet pioneer looks to reestablish itself as a leader on the worldwide web.
Verizon Pays Nearly $5 Billion