Tech
Yahoo Advertises New Search Technology
Yahoo has tried a lot of promotional ideas over the years (Chris Hondros/Getty Images)
OLD DOG, NEW TRICKS

Yahoo is still one of the most visited websites on the planet

Now the internet OG is introducing new features to help users tackle inbox overload. Yes, AI is in the first sentence of the press release.

David Crowther

Internet brands don’t tend to live very long.

Myspace, Vine, Flickr, BuzzFeed, Napster, Bebo, Vice, Tumblr, and many more have exploded onto the scene before either fading into obsolescence, obscurity, or imploding altogether — and those are just a few of the ones you’ve heard of. Thousands more never made it beyond a domain registration and a traffic-less website.

It’s remarkable, then, that Yahoo — one of the earliest mainstream internet brands — is still alive and kicking at the ripe old age of 31, with the private-equity-owned brand this week announcing a new “catch up” feature to its email service, Yahoo Mail.

In terms of features, it’s not exactly revolutionary stuff: AI-powered summaries of your emails that give you the option to delete or keep the messages hardly represent an innovative breakthrough in digital communications. Even the marketing, which includes a collaboration with a streetwear brand to create a range of “Anti Email Email Club” tees and sweatshirts, feels very 2010s.

But, for all the criticisms you could throw at an internet dinosaur like Yahoo, it’s hard to deny its continued longevity. Its email service reportedly still has over 200 million users, and data from Similarweb finds that Yahoo.com is still the sixth-most-visited website in America.

Yahoo visits
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Racking up an average of more than 1.6 billion page views from March to May, Yahoo is pulling in more site visits than ChatGPT, Wikipedia, X, LinkedIn, The New York Times, ESPN, and many other household names.

Interestingly, though, we’ve started to notice a small decline in Yahoo’s traffic, per Similarweb data. The site notched 351 million visits in the week ending May 23. That was the lowest since at least April 2024, down 13% on the average weekly figure of the past 12 months. Can Yahoo still be relevant at 40 years old? What about when it hits half a century? Only time will tell.

Related reading: ChatGPT is soaring up this leaderboard — last month Americans visited the website of the AI chatbot more than Wikipedia.

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Rani Molla

Tesla investors like the idea of merging with SpaceX

Tesla is trading up about 2.5% in early trading Friday after reports Thursday that the Elon Musk-led company was considering a merger with SpaceX, another of Musk’s many companies.

That’s a better showing than the stock’s reaction to its better-than-expected earnings a day earlier, after which shares closed down 3.5%. Acquiring a very valuable, entirely different company, it turns out, is a more attractive prospect than watching an existing one’s revenue and profit decline.

Musk is also reportedly considering merging SpaceX with xAI, his artificial intelligence company, which recently combined with his social media platform, X.

Musk is also reportedly considering merging SpaceX with xAI, his artificial intelligence company, which recently combined with his social media platform, X.

tech
Jon Keegan

WSJ: OpenAI plans Q4 IPO in race to be the first AI startup to enter public markets

OpenAI was the first to the generative-AI market with ChatGPT, and now it hopes to be the first of its AI startup cohort to pull off an initial public offering, according to a report from The Wall Street Journal. The $500 billion startup is in a race against its $350 billion competitor Anthropic, which has also been exploring an IPO.

Per the report, OpenAI is in talks with banks to try for a fourth-quarter IPO this year, which has the potential to be one of the largest IPOs ever in a year that is expected to see many record-breaking tech companies tap into public markets to raise sizable new rounds of capital.

Ahead of a potential public listing, OpenAI is reportedly attempting to raise a massive round of private investment. The company is reportedly aiming to raise $100 billion, with Amazon potentially accounting for up to half of that target. Other investors in talks with OpenAI over the private fundraising round include Nvidia, Microsoft, and SoftBank.

Per the report, OpenAI is in talks with banks to try for a fourth-quarter IPO this year, which has the potential to be one of the largest IPOs ever in a year that is expected to see many record-breaking tech companies tap into public markets to raise sizable new rounds of capital.

Ahead of a potential public listing, OpenAI is reportedly attempting to raise a massive round of private investment. The company is reportedly aiming to raise $100 billion, with Amazon potentially accounting for up to half of that target. Other investors in talks with OpenAI over the private fundraising round include Nvidia, Microsoft, and SoftBank.

tech
Rani Molla

SpaceX is actually considering a merger with Tesla or xAI: Report

Bloomberg reports that Elon Musk’s SpaceX is considering merging with Musk’s Tesla. Earlier today, Reuters had reported that SpaceX was thinking of potentially merging with xAI ahead of SpaceX’s IPO this year.

From Bloomberg:

The firm has discussed the feasibility of a tie-up between SpaceX and Tesla, an idea that some investors are pushing, the people said, asking not to be identified as the information isn’t public. Separately, they are also exploring a tie-up between SpaceX and xAI ahead of an IPO, some of the people said.

Musk’s companies already have numerous relationships between themselves, including most recently Tesla’s $2 billion investment in xAI. At Tesla’s shareholder meeting last year, shareholders voted to invest in the company but the board didn’t approve the measure due to significant abstentions.

In 2024, SpaceX incurred about $2.4 million in expenses under commercial, licensing, and support agreements with Tesla, and Tesla incurred about $800,000 in expenses for Musk’s use of SpaceX’s jet.

From Bloomberg:

The firm has discussed the feasibility of a tie-up between SpaceX and Tesla, an idea that some investors are pushing, the people said, asking not to be identified as the information isn’t public. Separately, they are also exploring a tie-up between SpaceX and xAI ahead of an IPO, some of the people said.

Musk’s companies already have numerous relationships between themselves, including most recently Tesla’s $2 billion investment in xAI. At Tesla’s shareholder meeting last year, shareholders voted to invest in the company but the board didn’t approve the measure due to significant abstentions.

In 2024, SpaceX incurred about $2.4 million in expenses under commercial, licensing, and support agreements with Tesla, and Tesla incurred about $800,000 in expenses for Musk’s use of SpaceX’s jet.

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