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At the time, Broadcast.com had 570,000 users and the purchase price was $10,000 per user. Cuban sold most of his Yahoo! stock that same year, netting over $1 billion. Founder Chris Jaeb, whose stake was diluted to less than 1% of the company, received approximately $50 million from the sale. The service became a part of Yahoo! Broadcast Services.
By 2011, Steam has approximately 50-70% of the market for downloadable PC games, with a userbase of about 40 million accounts. [17] [18] [19] In 2008, the website gog.com (formerly called Good Old Games ) was started, specialized in the distribution of older, classical PC games.
Early history (1994–1996) Upon the April 1994 renaming of Jerry and David's Guide to the World Wide Web to Yahoo!, Yang and Filo said that "Yet Another Hierarchical Officious Oracle" was a suitable backronym for this name, but they insisted they had selected the name because they liked the word's general definition, as in Gulliver's Travels by Jonathan Swift: "rude, unsophisticated, uncouth."
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June 3, 2015: the NFL awards Yahoo Sports the exclusive right to broadcast the October 25 game between the Buffalo Bills and Jacksonville Jaguars from London, England, via free livestream. January 29, 2016: Yahoo Sports launches The Vertical subsection for news involving the NBA. June 13, 2017 Verizon takes control of Yahoo! Sports