At the beginning of 2000, Yahoo! was indisputably the only major search engine that everyone turns to for a solution to their search queries. They also had a solid range of products, ranging from free e-mail services to photo sharing, free web hosting and various other services. Then Google entered the fray and everything has changed since then. The reason for this is simply the lack of innovation on Yahoo’s part and their disinterest in offering something of value for nothing to their users, as what Google is doing currently.
Yahoo! has been going down and down for the past ten years. They have shut down popular services such as Geocities and MyBlogLog, and even sold off Delicious.com. Now even their security has been compromised by hackers. When something serious like this happens, users lose their trust in a company and without user support, the company is bound to fail. I forsee this happening to Yahoo! in the not-so-far future.
Yahoo confirms 400,000 accounts hacked, some passwords stolen
By Salvador Rodriguez
July 12, 2012, 10:03 a.m.
Yahoo confirmed 400,000 user names from one of its services were hacked Thursday.
The company said that although the breached accounts include user names from Yahoo and other companies, only 5% of the accounts had valid passwords.
Yahoo said it is working to fix the vulnerability and is changing the passwords of the affected users. The company also said it is notifying other companies whose users may have been affected — earlier we reported that they may include people who use AOL, Gmail, Hotmail and many others.
The hack happened Wednesday, according to Yahoo, which also said it was an older file for Yahoo! Contributor Network that was breached.