Tuesday, September 2, 2014
Jerry Yang and his partner David Filo decided to catalog their favorite websites on the fledgling World Wide Web in 1993 while they were pursuing doctoral degrees at Stanford University. Receiving positive feedback, the project grew and became Yahoo!—an acronym for “Yet Another Hierarchical Officious Oracle”—one of the earliest search engines, changing the way people navigated the Internet. The brand has continued to expand and profit amid growing competition. As a philanthropist, Yang has made a major donation to Stanford.