<Table> <Tr> <Td> </Td> <Td> This article needs to be updated . Please update this article to reflect recent events or newly available information . (May 2016) </Td> </Tr> </Table> <Tr> <Td> </Td> <Td> This article needs to be updated . Please update this article to reflect recent events or newly available information . (May 2016) </Td> </Tr> <P> Yahoo! was started at Stanford University . It was founded in January 1994 by Jerry Yang and David Filo, who were Electrical Engineering graduate students when they created a website named "Jerry and David's Guide to the World Wide Web". The Guide was a directory of other websites, organized in a hierarchy, as opposed to a searchable index of pages . In April 1994, Jerry and David's Guide to the World Wide Web was renamed "Yahoo!". The yahoo.com domain was created on January 18, 1995 . </P> <P> Yahoo! grew rapidly throughout the 1990s and diversified into a web portal, followed by numerous high - profile acquisitions . The company's stock price skyrocketed during the dot - com bubble and closed at an all - time high of US $118.75 in 2000; however, after the dot - com bubble burst, it reached an all - time low of US $8.11 in 2001 . Yahoo! formally rejected an acquisition bid from the Microsoft Corporation in 2008 . In early 2012, the largest layoff in Yahoo!'s history was completed and 2,000 employees (14 percent of the workforce) lost their jobs . </P>

What did jerry yang and david filo develop