This has been verified by some recent research on the Dead Sea Scrolls.
How the Internet Began:
In ancient Israel, it came to pass that a trader by the name of Abraham Com did take unto himself a young wife by the name of Dot.
Dot Com was a comely woman, broad of shoulder and long of leg. Indeed, she was often called Amazon Dot Com.
And she said unto Abraham, her husband, "Why dos't thou travel so far from town to town with thy goods when thou cans't trade without ever leaving thy tent?"
And Abraham did look at her as though she were several saddle bags short of a camel load, but simply said, "How, dear?"
And Dot replied, "I will place drums in all the towns and drums in between to send messages saying what you have for sale, and they will reply telling you who hath the best price. And the sale can be made on the drums and delivery made by Uriah's Pony Stable (UPS)."
Abraham thought long and decided he would let Dot have her way with the drums. And the drums rang out and were an immediate success.
Abraham sold all the goods he had at the top price, without ever having to move from his tent.
To prevent neighboring countries from overhearing what the drums were saying, Dot devised a system that only she and the drummers knew.
It was known as Must Send Drum Over Sound (MSDOS), and she also developed a language to transmit ideas and pictures - Hebrew To The People (HTTP).
And the young men did take to Dot Com's trading as doth the greedy horsefly take to camel dung. They were called Nomadic Ecclesiastical Rich Dominican Sybarites, or NERDS.
And lo, the land was so feverish with joy at the new riches and the deafening sound of drums that no one noticed that the real riches were going to that enterprising drum dealer, Brother William of Gates, who bought off every drum maker in the land.
And indeed did insist on drums to be made that would work only with Brother Gates' drumheads and drumsticks.
And Dot did say, "Oh, Abraham, what we have started is being taken over by others."
And Abraham looked out over the Bay of Ezekiel, or eBay as it came to be known. He said, "We need a name that reflects what we are."
And Dot replied, "Young Ambitious Hebrew Owner Operators." "YAHOO," said Abraham. And because it was Dot's idea, they named it YAHOO Dot Com.
Abraham's cousin, Joshua, being the young Gregarious Energetic Educated Kid (GEEK) that he was, soon started using Dot's drums to locate things around the countryside.
It soon became known as God's Own Official Guide to Locating Everything (GOOGLE).
I had wondered about that name "Yahoo." I'd assumed that it had been taken from Jonathan Swift's Gulliver's Travels. Not to be argumentative but I'm not sure if an earlier date for the word can be claimed, Bay'.
Swift said that "A soldier is a Yahoo (man) hired to kill in cold blood as many of his own species, who have never offended him, as possibly he can." Here is how Wikipedia explains it: "Swift describes them as being filthy and with unpleasant habits . . . Gulliver, who finds the calm and rational society of intelligent horses, the Houyhnhnms, greatly preferable. The Yahoos are primitive creatures obsessed with 'pretty stones' they find by digging in mud . . . "
I think that there may be an effort to "pretty up" the term with some revision of the history. I wouldn't be surprised if a good amount of pretty stones have gone into paying for it.