Most individuals who attempted to load the website received the “Connection Refused” error. Most of their subsidiary sites including their Yahoo mail program continued to work throughout the outage.
Yahoo posted a statement shortly after the outage was reported saying that they were looking into the issue and were aware that the site was down. It was not immediately clear what might have caused the outage, but Yahoo was able to respond quickly to the issue and get the site working again fairly quickly.source:http://news.mwza.com
The outage must have looked bad because Yahoo has been rumored to be in the middle of buyout talks with AOL. Some joked that perhaps the site was coming down so that AOL could put their logo on it. Yahoo has not officially confirmed any buyout talks but rumors have continued to run rampant throughout the process, leading most to conclude that a buyout is something that Yahoo would at least be willing to discuss.
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