Day in Tech History

Yahoo acquires Hot Jobs

2001 - Yahoo announces that they will acquire 98.6 percent of the outstanding stock to HotJobs. They bought it for $10.50 / share for $436 million. They overbid Monster.com for the site. Ironically, Yahoo! ended up selling HotJobs to Monster on Feb 3, 2010 for $225 million.

• Charles Darwin embarks on his discovery mission on the HMS Beagle
• Sun Microsystems discontinues SunOS v. 4.1.3 and 4.1.4
• CERNET 2 is launched