Yahoo! Purchases Domain Name

TechCrunch reports that Yahoo! has purchased for $80,000, reporting that the domain was actually fairly cheap when you consider the company recently sold for $380,000 earlier this year or the fact that sold for $3 million.

Yahoo! has been changing a lot over the last few months at the hand of its new CEO Carol Bartz. Bartz last week said that the company was never a search engine, and plainly said that, while Yahoo!'s 20 percent of the search market was nothing to be scoffed at, the company makes its real money through its pages, like sports and news.

Whether Yahoo!'s plans for its recently purchased are going to be a part of the company's complete transition from search engine to web portal is still unknown, so what do you think Yahoo! is going to do with Could it be a social network for sharing cool and exciting links or are we looking at something completely new and innovative? Or, even more boring than social networking, is this another URL that Yahoo! will do absolutely nothing with? Let us know what you think in the comments below!

Check out the full story here.

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  • Pei-chen
    Headline in 2012: Google agreed to purchase and for $1 after agreeing to assume all outstanding debt.
  • Other Comments
  • michaelahess
    Like, Oh, My, GOD!!!, that is like, such a news worthy item!!!
  • hellwig
    What was before? According to google it was Object Management Group (OMG). If it were a porn site, it would have gone for a lot more.

    Question is, what does Yahoo! want with it? My guess, porn.
  • doomtomb
    It seems like Yahoo is trying to prove they are a force to be reckoned with. I really don't see what they would be doing with Next thing you know, yahoo will be trying social networking -_-